MORRISON 178
MORRISON 178 is a Texas oil lease in Roberts County, Railroad Commission district 10, operated by Mewbourne Oil Company. It has 1 wellbore on file with the Commission. Reported production runs from February 2015 to August 2026, totalling 95,555 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 $1.1M, with roughly $191K 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 247 barrels a month. Its strongest month on the record we hold was June 2016, at 1,735 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 MORRISON 178
- Who operates MORRISON 178?
- MORRISON 178 is operated by Mewbourne Oil Company, Railroad Commission of Texas operator number 562560.
- Where is MORRISON 178?
- MORRISON 178 is a Texas oil lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09297.
- Is MORRISON 178 still producing?
- MORRISON 178 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORRISON 178 is August 2026.
- How much has MORRISON 178 produced?
- MORRISON 178 has reported 95,555 barrels of oil (bbl) to the Railroad Commission of Texas between February 2015 and August 2026, from 1 wellbore.
- How much is MORRISON 178 worth?
- The remaining production from MORRISON 178 is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $825K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORRISON 178 is a fraction of it. The estimate fits an Arps decline curve to the production MORRISON 178 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORRISON 178 is an estimate of value, not an offer and not an appraisal.
- How much income does MORRISON 178 generate in a year?
- MORRISON 178 is forecast to net about $191K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MORRISON 178 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mewbourne Oil Company |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 09297 |
| Wellbores | 1 |
| Reported production | 95,555 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where MORRISON 178 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.