MORSE
MORSE is a Texas gas lease in Starr County, Railroad Commission district 04, operated by Hughes, Dan A. Company. It has 1 wellbore on file with the Commission. Reported production runs from July 2002 to August 2026, totalling 3,576,746 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 $54K, with roughly $21K 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 1,050 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 4,594 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 MORSE
- Who operates MORSE?
- MORSE is operated by Hughes, Dan A. Company, Railroad Commission of Texas operator number 411739.
- Where is MORSE?
- MORSE is a Texas gas lease in Starr County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 190442.
- Is MORSE still producing?
- MORSE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORSE is August 2026.
- How much has MORSE produced?
- MORSE has reported 3,576,746 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between July 2002 and August 2026, from 1 wellbore.
- How much is MORSE worth?
- The remaining production from MORSE is estimated to be worth about $54K in total as of 27 August 2026, within a range of $45K to $63K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORSE is a fraction of it. The estimate fits an Arps decline curve to the production MORSE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORSE is an estimate of value, not an offer and not an appraisal.
- How much income does MORSE generate in a year?
- MORSE is forecast to net about $21K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MORSE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hughes, Dan A. Company |
|---|---|
| Field | Samano, E. (Third Massive) |
| County | Starr County, Texas |
| RRC district | 04 |
| Lease number | 190442 |
| Wellbores | 1 |
| Reported production | 3,576,746 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $54K |
Where MORSE 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.