MORELAND "B"
MORELAND "B" is a Texas oil lease in Midland County, Railroad Commission district 08, operated by CMS Oil And Gas Company. It has 2 wellbores on file with the Commission. Reported production runs from March 2001 to August 2026, totalling 89,849 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 $266K, with roughly $122K 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 269 barrels a month, about 135 per wellbore. Its strongest month on the record we hold was June 2019, at 753 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 MORELAND "B"
- Who operates MORELAND "B"?
- MORELAND "B" is operated by CMS Oil And Gas Company, Railroad Commission of Texas operator number 161360.
- Where is MORELAND "B"?
- MORELAND "B" is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36617.
- Is MORELAND "B" still producing?
- MORELAND "B" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORELAND "B" is August 2026.
- How much has MORELAND "B" produced?
- MORELAND "B" has reported 89,849 barrels of oil (bbl) to the Railroad Commission of Texas between March 2001 and August 2026, from 2 wellbores.
- How much is MORELAND "B" worth?
- The remaining production from MORELAND "B" is estimated to be worth about $266K in total as of 26 August 2026, within a range of $208K to $325K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORELAND "B" is a fraction of it. The estimate fits an Arps decline curve to the production MORELAND "B" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORELAND "B" is an estimate of value, not an offer and not an appraisal.
- How much income does MORELAND "B" generate in a year?
- MORELAND "B" is forecast to net about $122K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MORELAND "B" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | CMS Oil And Gas Company |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 36617 |
| Wellbores | 2 |
| Reported production | 89,849 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $266K |
Where MORELAND "B" 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.