MORGAN-BERRY
MORGAN-BERRY is a Texas oil lease in Wilbarger County, Railroad Commission district 09, operated by Grace Petroleum Corp. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 95,720 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 $744K, with roughly $143K 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 196 barrels a month. Its strongest month on the record we hold was September 2018, at 395 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-BERRY
- Who operates MORGAN-BERRY?
- MORGAN-BERRY is operated by Grace Petroleum Corp., Railroad Commission of Texas operator number 319525.
- Where is MORGAN-BERRY?
- MORGAN-BERRY is a Texas oil lease in Wilbarger County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 06858.
- Is MORGAN-BERRY still producing?
- MORGAN-BERRY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORGAN-BERRY is August 2026.
- How much has MORGAN-BERRY produced?
- MORGAN-BERRY has reported 95,720 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MORGAN-BERRY worth?
- The remaining production from MORGAN-BERRY is estimated to be worth about $744K in total as of 27 August 2026, within a range of $580K to $908K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORGAN-BERRY is a fraction of it. The estimate fits an Arps decline curve to the production MORGAN-BERRY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORGAN-BERRY is an estimate of value, not an offer and not an appraisal.
- How much income does MORGAN-BERRY generate in a year?
- MORGAN-BERRY is forecast to net about $143K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MORGAN-BERRY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Grace Petroleum Corp. |
|---|---|
| Field | Odell (Ellenburger) |
| County | Wilbarger County, Texas |
| RRC district | 09 |
| Lease number | 06858 |
| Wellbores | 1 |
| Reported production | 95,720 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $744K |
Where MORGAN-BERRY 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.