MORALES ET AL
MORALES ET AL is a Texas gas lease in Zapata County, Railroad Commission district 04, operated by Laredo Energy, LP. It has 1 wellbore on file with the Commission. Reported production runs from October 2002 to August 2026, totalling 6,279,867 thousand cubic feet. 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 $727, with roughly $97 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 6 thousand cubic feet a month. Its strongest month on the record we hold was September 2016, at 8,084 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 MORALES ET AL
- Who operates MORALES ET AL?
- MORALES ET AL is operated by Laredo Energy, LP, Railroad Commission of Texas operator number 486545.
- Where is MORALES ET AL?
- MORALES ET AL is a Texas gas lease in Zapata County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 191698.
- Is MORALES ET AL still producing?
- MORALES ET AL is intermittent. The most recent month of production reported to the Railroad Commission of Texas for MORALES ET AL is August 2026.
- How much has MORALES ET AL produced?
- MORALES ET AL has reported 6,279,867 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2002 and August 2026, from 1 wellbore.
- How much is MORALES ET AL worth?
- The remaining production from MORALES ET AL is estimated to be worth about $727 in total as of 27 August 2026, within a range of $0 to $1K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MORALES ET AL is a fraction of it. The estimate fits an Arps decline curve to the production MORALES ET AL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MORALES ET AL is an estimate of value, not an offer and not an appraisal.
- How much income does MORALES ET AL generate in a year?
- MORALES ET AL is forecast to net about $97 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MORALES ET AL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Laredo Energy, LP |
|---|---|
| Field | Exsun (Lobo) |
| County | Zapata County, Texas |
| RRC district | 04 |
| Lease number | 191698 |
| Wellbores | 1 |
| Reported production | 6,279,867 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $727 |
Where MORALES ET AL 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.