MORTON
MORTON is a Texas gas lease in Moore County, Railroad Commission district 10, operated by Pantera Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from October 2010 to August 2026, totalling 456,853 thousand cubic feet. 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 $167K, with roughly $28K 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 1,196 thousand cubic feet a month. Its strongest month on the record we hold was April 2018, at 4,268 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 MORTON
- Who operates MORTON?
- MORTON is operated by Pantera Energy Company, Railroad Commission of Texas operator number 638486.
- Where is MORTON?
- MORTON is a Texas gas lease in Moore County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 259836.
- Is MORTON still producing?
- MORTON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORTON is August 2026.
- How much has MORTON produced?
- MORTON has reported 456,853 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2010 and August 2026, from 1 wellbore.
- How much is MORTON worth?
- The remaining production from MORTON is estimated to be worth about $167K in total as of 26 August 2026, within a range of $138K to $195K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORTON is a fraction of it. The estimate fits an Arps decline curve to the production MORTON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORTON is an estimate of value, not an offer and not an appraisal.
- How much income does MORTON generate in a year?
- MORTON is forecast to net about $28K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MORTON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pantera Energy Company |
|---|---|
| Field | Panhandle, West |
| County | Moore County, Texas |
| RRC district | 10 |
| Lease number | 259836 |
| Wellbores | 1 |
| Reported production | 456,853 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $167K |
Where MORTON 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.