MORGAN "B"

Operated by JUST OIL & GAS, INC. (P-5 448220) in the Y-B (GUNSIGHT, UPPER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32074District 09Field 99168500OilSaveExport
Value, all time
$5.8 M
Oct 2011 – May 2026
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
176
no gaps in the span
Streams
1
oil

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 18 leases and 89 wells, and the rule below applies to all of them.

Discovered
1953-11-21
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition76,278 bbl$5,817,949
Total$5,817,949

Wells on this lease (4)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.3398, -98.8370. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.33948, -98.83717 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 4 wells
With a plug date
0.0%
0 of 4 wells
Median depth
1,164 ft
4 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
4100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 1,090 and 1,180 ft, median 1,164 ft, over the 4 wells that filed a depth.

Completions filed
Oct 2011 – Sep 2014
4 of 4 wells

4 wells

42-503418432 B1,164 ftSep 2014
42-503419599 B1,180 ftNov 2012
42-503418866 B1,090 ftNov 2011
42-503418794B1,163 ftOct 2011

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (176)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

176 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 20265163.503.75$3,239
Jan 20266759.138.00$3,962
Dec 20257656.664.41$4,306
Nov 2025058.593.93$0
Oct 202510659.383.30$6,294
Sep 20256762.743.08$4,204
Aug 2025063.933.01$0
Jul 202510966.743.32$7,275
Jun 202512066.483.13$7,978
May 20258960.553.23$5,389
Apr 2025062.363.54$0
Mar 20258567.704.27$5,755
Feb 202511070.884.34$7,797
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 202418778.082.63$14,601
May 2024078.812.20$0
Apr 20248184.451.66$6,840
Mar 2024080.301.55$0
Feb 202416276.091.78$12,327
Jan 2024073.023.30$0
Dec 20239371.262.61$6,627
Nov 20237477.892.81$5,764
Oct 20237785.443.09$6,579
Sep 20237289.042.74$6,411
Aug 20238380.522.67$6,683
Jul 20238474.852.64$6,287
Jun 202317468.962.26$11,999
May 20236370.622.23$4,449
Apr 20239878.122.24$7,656
Mar 20237872.852.39$5,682
Feb 202316375.112.47$12,243
Jan 202313576.533.39$10,332
Dec 2022076.415.73$0
Nov 202229485.005.65$24,990
Oct 2022087.185.86$0
Sep 202232984.888.16$27,926
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 2022117115.097.98$13,466
May 20220109.378.43$0
Apr 2022158104.226.84$16,467
Mar 2022155108.885.08$16,876
Feb 202211491.054.86$10,380
Jan 202226981.844.54$22,015
Dec 202116871.323.90$11,982
Nov 202116077.435.24$12,389
Oct 202116779.795.71$13,325
Sep 202116669.865.35$11,597
Aug 202117266.024.22$11,355
Jul 202116470.783.98$11,608
Jun 2021069.493.38$0
May 202117763.483.02$11,236
Apr 202120060.362.76$12,072
Mar 202116561.302.72$10,115
Feb 202116157.805.55$9,306
Jan 202119050.412.81$9,578
Dec 202015944.642.68$7,098
Nov 202016338.772.71$6,320
Oct 202016336.972.48$6,026
Sep 202016937.091.99$6,268
Aug 202024739.982.39$9,875
Jul 202022538.371.83$8,633
Jun 202026434.901.69$9,214
May 202029616.921.81$5,008
Apr 202032914.751.80$4,853
Mar 202037030.341.86$11,226
Feb 202016249.881.98$8,081
Jan 202048057.252.09$27,480
Dec 201928159.012.30$16,582
Nov 201948955.302.75$27,042
Oct 201933253.472.42$17,752
Sep 201932155.052.66$17,671
Aug 201941553.112.30$22,041
Jul 201939856.272.46$22,395
Jun 201932752.782.49$17,259
May 201942758.482.74$24,971
Apr 201936362.632.75$22,735
Mar 201940656.803.06$23,061
Feb 201933150.852.79$16,831
Jan 201942646.033.23$19,609
Dec 201846046.594.19$21,431
Nov 201834652.934.24$18,314
Oct 201841061.443.40$25,190
Sep 201832759.543.11$19,470
Aug 201832859.403.07$19,483
Jul 201848365.142.93$31,463
Jun 201832960.183.08$19,799
May 201833165.382.90$21,641
Apr 201842263.842.90$26,940
Mar 201833861.222.79$20,692
Feb 201832961.782.77$20,326
Jan 201817062.874.01$10,688
Dec 201735457.272.92$20,274
Nov 201717255.423.12$9,532
Oct 201734349.292.98$16,906
Sep 201716647.523.09$7,888
Aug 201733745.373.00$15,290
Jul 201734043.873.09$14,916
Jun 201717142.493.09$7,266
May 201734245.373.26$15,517
Apr 201734347.933.21$16,440
Mar 201734546.772.98$16,136
Feb 201717350.452.95$8,728
Jan 201734349.413.42$16,948
Dec 201652248.763.72$25,453
Nov 201617442.492.64$7,393
Oct 201634146.193.09$15,751
Sep 201637341.553.10$15,498
Aug 201634541.442.92$14,297
Jul 201634841.622.92$14,484
Jun 201634145.352.69$15,464
May 201634642.521.99$14,712
Apr 201634736.561.99$12,686
Mar 201635233.011.79$11,620
Feb 201634026.472.06$9,000
Jan 201651427.352.36$14,058
Dec 201534732.362.00$11,229
Nov 201534338.792.17$13,305
Oct 201552543.552.43$22,864
Sep 201534742.992.76$14,918
Aug 201551640.162.87$20,723
Jul 201551748.152.95$24,894
Jun 201552056.152.88$29,198
May 201569355.212.96$38,261
Apr 201570649.822.71$35,173
Mar 201569142.892.93$29,637
Feb 201568844.662.98$30,726
Jan 201568843.433.10$29,880
Dec 20141554.693.59$820
Nov 201469770.464.25$49,111
Oct 201485778.303.90$67,103
Sep 201486386.164.05$74,356
Aug 201484689.394.04$75,624
Jul 201485896.564.18$82,848
Jun 201485898.164.74$84,221
May 20141,02494.734.73$97,004
Apr 20141,01495.944.81$97,283
Mar 20141,02095.895.06$97,808
Feb 201488097.406.19$85,712
Jan 20141,04790.404.86$94,649
Dec 201388791.824.35$81,444
Nov 20131,05388.853.74$93,559
Oct 20131,24397.423.78$121,093
Sep 20131,067104.113.72$111,085
Aug 20131,389104.253.52$144,803
Jul 20131,373102.523.72$140,760
Jun 20131,35694.403.93$128,006
May 20131,43294.834.15$135,797
Apr 20131,26793.964.28$119,047
Mar 20131,43693.623.91$134,438
Feb 20131,07691.233.42$98,163
Jan 20131,44791.603.42$132,545
Dec 20121,44186.773.42$125,036
Nov 20121,64586.953.62$143,033
Oct 20121,61889.383.40$144,617
Sep 20121,61494.672.92$152,797
Aug 20121,36992.662.91$126,852
Jul 20121,76685.133.02$150,340
Jun 20121,57979.822.52$126,036
May 20121,77991.612.49$162,974
Apr 20121,782101.652.00$181,140
Mar 20121,443105.052.22$151,587
Feb 2012899101.102.57$90,889
Jan 20121,25298.092.73$122,809
Dec 201154596.873.24$52,794
Nov 201154295.723.31$51,880
Oct 2011084.983.65$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Feb 2026 — as filed, then multipliedworked
Oil                   51 bbl  × $ 63.50 =     $3,239

────────────────────────────────────────────────────
Month total                                   $3,239

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 09/O/32074 is the state's own key, not one this site invented.