MORGAN C
MORGAN C 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 March 2012 to August 2026, totalling 358,280 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 $2.9M, with roughly $727K 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 838 barrels a month, about 210 per wellbore. Its strongest month on the record we hold was July 2017, at 6,588 barrels. 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 C
- Who operates MORGAN C?
- MORGAN C is operated by Parsley Energy Operations, LLC, Railroad Commission of Texas operator number 642652.
- Where is MORGAN C?
- MORGAN C is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17868.
- Is MORGAN C still producing?
- MORGAN C is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORGAN C is August 2026.
- How much has MORGAN C produced?
- MORGAN C has reported 358,280 barrels of oil (bbl) to the Railroad Commission of Texas between March 2012 and August 2026, from 4 wellbores.
- How much is MORGAN C worth?
- The remaining production from MORGAN C is estimated to be worth about $2.9M in total as of 26 August 2026, within a range of $2.2M to $3.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORGAN C is a fraction of it. The estimate fits an Arps decline curve to the production MORGAN C has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORGAN C is an estimate of value, not an offer and not an appraisal.
- How much income does MORGAN C generate in a year?
- MORGAN C is forecast to net about $727K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MORGAN C 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) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 17868 |
| Wellbores | 4 |
| Reported production | 358,280 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.9M |
Where MORGAN C 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.