MORRELL, M.E.
MORRELL, M.E. is a Texas oil lease in Throckmorton County, Railroad Commission district 7B, operated by Morrell, W. R. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 18,616 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 $352K, with roughly $68K 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 57 barrels a month, about 28 per wellbore. Its strongest month on the record we hold was November 2025, at 209 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 MORRELL, M.E.
- Who operates MORRELL, M.E.?
- MORRELL, M.E. is operated by Morrell, W. R., Railroad Commission of Texas operator number 587055.
- Where is MORRELL, M.E.?
- MORRELL, M.E. is a Texas oil lease in Throckmorton County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 16153.
- Is MORRELL, M.E. still producing?
- MORRELL, M.E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORRELL, M.E. is August 2026.
- How much has MORRELL, M.E. produced?
- MORRELL, M.E. has reported 18,616 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is MORRELL, M.E. worth?
- The remaining production from MORRELL, M.E. is estimated to be worth about $352K in total as of 26 August 2026, within a range of $194K to $510K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORRELL, M.E. is a fraction of it. The estimate fits an Arps decline curve to the production MORRELL, M.E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORRELL, M.E. is an estimate of value, not an offer and not an appraisal.
- How much income does MORRELL, M.E. generate in a year?
- MORRELL, M.E. is forecast to net about $68K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MORRELL, M.E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Morrell, W. R. |
|---|---|
| Field | M&P (Caddo) |
| County | Throckmorton County, Texas |
| RRC district | 7B |
| Lease number | 16153 |
| Wellbores | 2 |
| Reported production | 18,616 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $352K |
Where MORRELL, M.E. 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.