MORGAN 33
MORGAN 33 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Parsley Energy Operations, LLC. It has 4 wellbores on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 681,115 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 $8.8M, with roughly $1.8M 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 1,999 barrels a month, about 500 per wellbore. Its strongest month on the record we hold was August 2016, at 35,632 barrels. 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 MORGAN 33
- Who operates MORGAN 33?
- MORGAN 33 is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is MORGAN 33?
- MORGAN 33 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18908.
- Is MORGAN 33 still producing?
- MORGAN 33 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORGAN 33 is August 2026.
- How much has MORGAN 33 produced?
- MORGAN 33 has reported 681,115 barrels of oil (bbl) to the Railroad Commission of Texas between October 2014 and August 2026, from 4 wellbores.
- How much is MORGAN 33 worth?
- The remaining production from MORGAN 33 is estimated to be worth about $8.8M in total as of 27 August 2026, within a range of $7.3M to $10.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORGAN 33 is a fraction of it. The estimate fits an Arps decline curve to the production MORGAN 33 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORGAN 33 is an estimate of value, not an offer and not an appraisal.
- How much income does MORGAN 33 generate in a year?
- MORGAN 33 is forecast to net about $1.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MORGAN 33 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Parsley Energy Operations, LLC |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 18908 |
| Wellbores | 4 |
| Reported production | 681,115 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $8.8M |
Where MORGAN 33 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.