MORTON
MORTON is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Pecos Operators, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 14,829 barrels. The lease is intermittent. 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 $88K, with roughly $17K 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 26 barrels a month. Its strongest month on the record we hold was November 2016, at 194 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 MORTON
- Who operates MORTON?
- MORTON is operated by Pecos Operators, Inc., Railroad Commission of Texas operator number 649240.
- Where is MORTON?
- MORTON is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 28121.
- Is MORTON still producing?
- MORTON is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MORTON is August 2026.
- How much has MORTON produced?
- MORTON has reported 14,829 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MORTON worth?
- The remaining production from MORTON is estimated to be worth about $88K in total as of 26 August 2026, within a range of $48K to $128K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORTON is a fraction of it. The estimate fits an Arps decline curve to the production MORTON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORTON is an estimate of value, not an offer and not an appraisal.
- How much income does MORTON generate in a year?
- MORTON is forecast to net about $17K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MORTON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pecos Operators, Inc. |
|---|---|
| Field | Halley |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 28121 |
| Wellbores | 1 |
| Reported production | 14,829 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $88K |
Where MORTON 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.