MURPHY
MURPHY is a Texas gas lease in Schleicher County, Railroad Commission district 7C, operated by Unit Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2003 to August 2026, totalling 776,450 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 $124K, with roughly $22K 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 1,121 thousand cubic feet a month. Its strongest month on the record we hold was July 2018, at 3,014 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 MURPHY
- Who operates MURPHY?
- MURPHY is operated by Unit Petroleum Company, Railroad Commission of Texas operator number 877099.
- Where is MURPHY?
- MURPHY is a Texas gas lease in Schleicher County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 196275.
- Is MURPHY still producing?
- MURPHY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MURPHY is August 2026.
- How much has MURPHY produced?
- MURPHY has reported 776,450 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2003 and August 2026, from 1 wellbore.
- How much is MURPHY worth?
- The remaining production from MURPHY is estimated to be worth about $124K in total as of 26 August 2026, within a range of $103K to $145K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MURPHY is a fraction of it. The estimate fits an Arps decline curve to the production MURPHY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MURPHY is an estimate of value, not an offer and not an appraisal.
- How much income does MURPHY generate in a year?
- MURPHY is forecast to net about $22K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MURPHY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Unit Petroleum Company |
|---|---|
| Field | Eldorado, N. (Canyon -A-) |
| County | Schleicher County, Texas |
| RRC district | 7C |
| Lease number | 196275 |
| Wellbores | 1 |
| Reported production | 776,450 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $124K |
Where MURPHY 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.