MORRISON
MORRISON is a Texas oil lease in Young County, Railroad Commission district 09, operated by Perry Operating Inc. It has 2 wellbores on file with the Commission. Reported production runs from March 2008 to August 2026, totalling 21,667 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 $335K, with roughly $64K 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 91 barrels a month, about 46 per wellbore. Its strongest month on the record we hold was January 2017, 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 MORRISON
- Who operates MORRISON?
- MORRISON is operated by Perry Operating Inc., Railroad Commission of Texas operator number 656847.
- Where is MORRISON?
- MORRISON is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 30929.
- Is MORRISON still producing?
- MORRISON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MORRISON is August 2026.
- How much has MORRISON produced?
- MORRISON has reported 21,667 barrels of oil (bbl) to the Railroad Commission of Texas between March 2008 and August 2026, from 2 wellbores.
- How much is MORRISON worth?
- The remaining production from MORRISON is estimated to be worth about $335K in total as of 26 August 2026, within a range of $184K to $486K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORRISON is a fraction of it. The estimate fits an Arps decline curve to the production MORRISON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORRISON is an estimate of value, not an offer and not an appraisal.
- How much income does MORRISON generate in a year?
- MORRISON is forecast to net about $64K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in MORRISON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Perry Operating Inc. |
|---|---|
| Field | I.M.U. (Caddo Cons.) |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 30929 |
| Wellbores | 2 |
| Reported production | 21,667 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $335K |
Where MORRISON 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.