MORELAND
MORELAND is a Texas oil lease in Young County, Railroad Commission district 7B, operated by Emco Oil & Gas. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 15,326 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 $408K, with roughly $67K 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 58 barrels a month. Its strongest month on the record we hold was October 2024, at 245 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 MORELAND
- Who operates MORELAND?
- MORELAND is operated by Emco Oil & Gas, Railroad Commission of Texas operator number 250950.
- Where is MORELAND?
- MORELAND is a Texas oil lease in Young County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 05026.
- Is MORELAND still producing?
- MORELAND is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORELAND is August 2026.
- How much has MORELAND produced?
- MORELAND has reported 15,326 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is MORELAND worth?
- The remaining production from MORELAND is estimated to be worth about $408K in total as of 26 August 2026, within a range of $225K to $592K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORELAND is a fraction of it. The estimate fits an Arps decline curve to the production MORELAND has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORELAND is an estimate of value, not an offer and not an appraisal.
- How much income does MORELAND generate in a year?
- MORELAND is forecast to net about $67K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MORELAND receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Emco Oil & Gas |
|---|---|
| Field | Schlittler |
| County | Young County, Texas |
| RRC district | 7B |
| Lease number | 05026 |
| Wellbores | 1 |
| Reported production | 15,326 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $408K |
Where MORELAND 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.