MORGAN UNIT A-577
MORGAN UNIT A-577 is a Texas oil lease in Walker County, Railroad Commission district 03, operated by Sonat Exploration Company -Tyler. It has 1 wellbore on file with the Commission. Reported production runs from July 1997 to August 2026, totalling 8,110 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 $33K, with roughly $6K 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 8 barrels a month. Its strongest month on the record we hold was March 2026, at 23 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 UNIT A-577
- Who operates MORGAN UNIT A-577?
- MORGAN UNIT A-577 is operated by Sonat Exploration Company -Tyler, Railroad Commission of Texas operator number 801642.
- Where is MORGAN UNIT A-577?
- MORGAN UNIT A-577 is a Texas oil lease in Walker County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 23341.
- Is MORGAN UNIT A-577 still producing?
- MORGAN UNIT A-577 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORGAN UNIT A-577 is August 2026.
- How much has MORGAN UNIT A-577 produced?
- MORGAN UNIT A-577 has reported 8,110 barrels of oil (bbl) to the Railroad Commission of Texas between July 1997 and August 2026, from 1 wellbore.
- How much is MORGAN UNIT A-577 worth?
- The remaining production from MORGAN UNIT A-577 is estimated to be worth about $33K in total as of 26 August 2026, within a range of $0 to $67K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORGAN UNIT A-577 is a fraction of it. The estimate fits an Arps decline curve to the production MORGAN UNIT A-577 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORGAN UNIT A-577 is an estimate of value, not an offer and not an appraisal.
- How much income does MORGAN UNIT A-577 generate in a year?
- MORGAN UNIT A-577 is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MORGAN UNIT A-577 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sonat Exploration Company -Tyler |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Walker County, Texas |
| RRC district | 03 |
| Lease number | 23341 |
| Wellbores | 1 |
| Reported production | 8,110 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $33K |
Where MORGAN UNIT A-577 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.