MOREN, WADE

MOREN, WADE is a Texas oil lease in Young County, Railroad Commission district 09, operated by Echo Production, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 30,660 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 $185K, with roughly $36K 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 55 barrels a month. Its strongest month on the record we hold was May 2025, at 124 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 MOREN, WADE

Who operates MOREN, WADE?
MOREN, WADE is operated by Echo Production, Inc., Railroad Commission of Texas operator number 240125.
Where is MOREN, WADE?
MOREN, WADE is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 17585.
Is MOREN, WADE still producing?
MOREN, WADE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MOREN, WADE is August 2026.
How much has MOREN, WADE produced?
MOREN, WADE has reported 30,660 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is MOREN, WADE worth?
The remaining production from MOREN, WADE is estimated to be worth about $185K in total as of 26 August 2026, within a range of $102K to $269K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MOREN, WADE is a fraction of it. The estimate fits an Arps decline curve to the production MOREN, WADE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MOREN, WADE is an estimate of value, not an offer and not an appraisal.
How much income does MOREN, WADE generate in a year?
MOREN, WADE is forecast to net about $36K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MOREN, WADE receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MOREN, WADE as filed with the Railroad Commission of Texas
OperatorEcho Production, Inc.
FieldYoung County Regular
CountyYoung County, Texas
RRC district09
Lease number17585
Wellbores1
Reported production30,660 bbl
First reported
Last reported
Estimated royalty value$185K

Where MOREN, WADE 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.