MORGAN ESTATE GU
MORGAN ESTATE GU is a Texas gas lease in Rusk County, Railroad Commission district 06, operated by NFR Energy, LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2008 to August 2026, totalling 374,818 thousand cubic feet. The lease is intermittent. 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 $132K, with roughly $17K 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 422 thousand cubic feet a month. Its strongest month on the record we hold was March 2026, at 2,060 thousand cubic feet. 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 MORGAN ESTATE GU
- Who operates MORGAN ESTATE GU?
- MORGAN ESTATE GU is operated by NFR Energy, LLC, Railroad Commission of Texas operator number 609261.
- Where is MORGAN ESTATE GU?
- MORGAN ESTATE GU is a Texas gas lease in Rusk County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 237390.
- Is MORGAN ESTATE GU still producing?
- MORGAN ESTATE GU is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MORGAN ESTATE GU is August 2026.
- How much has MORGAN ESTATE GU produced?
- MORGAN ESTATE GU has reported 374,818 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2008 and August 2026, from 1 wellbore.
- How much is MORGAN ESTATE GU worth?
- The remaining production from MORGAN ESTATE GU is estimated to be worth about $132K in total as of 27 August 2026, within a range of $103K to $161K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORGAN ESTATE GU is a fraction of it. The estimate fits an Arps decline curve to the production MORGAN ESTATE GU has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORGAN ESTATE GU is an estimate of value, not an offer and not an appraisal.
- How much income does MORGAN ESTATE GU generate in a year?
- MORGAN ESTATE GU is forecast to net about $17K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MORGAN ESTATE GU receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | NFR Energy, LLC |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Rusk County, Texas |
| RRC district | 06 |
| Lease number | 237390 |
| Wellbores | 1 |
| Reported production | 374,818 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $132K |
Where MORGAN ESTATE GU 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.