MORROW
MORROW is a Texas oil lease in Lubbock County, Railroad Commission district 8A, operated by Texland-Rector & Schumacher. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 41,604 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $309K, with roughly $59K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 77 barrels a month. Its strongest month on the record we hold was January 2023, at 103 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about MORROW
- Who operates MORROW?
- MORROW is operated by Texland-Rector & Schumacher, Railroad Commission of Texas operator number 849745.
- Where is MORROW?
- MORROW is a Texas oil lease in Lubbock County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 65693.
- Is MORROW still producing?
- MORROW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORROW is August 2026.
- How much has MORROW produced?
- MORROW has reported 41,604 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MORROW worth?
- The remaining production from MORROW is estimated to be worth about $309K in total as of 26 August 2026, within a range of $170K to $448K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORROW is a fraction of it. The estimate fits an Arps decline curve to the production MORROW has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORROW is an estimate of value, not an offer and not an appraisal.
- How much income does MORROW generate in a year?
- MORROW is forecast to net about $59K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MORROW receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texland-Rector & Schumacher |
|---|---|
| Field | Smyer |
| County | Lubbock County, Texas |
| RRC district | 8A |
| Lease number | 65693 |
| Wellbores | 1 |
| Reported production | 41,604 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $309K |
Where MORROW sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.