Morton

Oil & Gas Property in Gaines County, TX

Property Summary

Key data points for Morton

CountyGaines County, TX
Production DatesJan 1993 - Dec 2023
Total Oil Production439,872 BBLs
Total Gas Production95,324 MCF
Recent Oil Production257 BBLs in Dec 2023
Recent Gas Production0 MCF in Dec 2023
Wells on Property8

Our Valuation Estimates for Morton

ShaleAssessment

$70,038 *

MarketMultiple

$38,137 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Morton Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Morton
from Jan 1993 to Dec 2023

Wells on Morton

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-165-00135MORTON 2RING ENERGY, INC.ProducingGaines County, TX32.596576-102.662599
42-165-00136MORTON 3CHAPARRAL ENERGY, L.L.C.Plugged Oil WellGaines County, TX32.597594-102.658405
42-165-00254MORTON 1PIERCE PRODUCTION COMPANY, LLCProducingGaines County, TX32.593252-102.656943
42-165-36328MORTON 4RING ENERGY, INC.ProducingGaines County, TX32.596597-102.658777
42-165-36492MORTON 5RING ENERGY, INC.ProducingGaines County, TX32.595359-102.660931
42-165-36493MORTON 6RING ENERGY, INC.ProducingGaines County, TX32.597759-102.660449
42-165-36624MORTON 7RING ENERGY, INC.InjectionGaines County, TX32.594596-102.662923
42-165-37016MORTON 8CHAPARRAL ENERGY, L.L.C.Permitted LocationGaines County, TX32.597286-102.657093

Leases included in Morton

Lease #Lease NameOperatorCountyMonthly Oil Prod.
8A-05107MORTONUNION TEXAS PETROLEUM CORP.Gaines County, TX
8A-10921MORTONPIERCE PRODUCTION COMPANYGaines County, TX
8A-60035MORTONCHAPARRAL ENERGY, L.L.C.Gaines County, TX
8A-68706MORTONRING ENERGY, INC.Gaines County, TX
8A-68711MORTONPIERCE PRODUCTION COMPANY, LLCGaines County, TX
8A-71169MORTONRING ENERGY, INC.Gaines County, TX
8A-71170MORTONPIERCE PRODUCTION COMPANY, LLCGaines County, TX

Nearby Properties

These are the closest 20 properties to the Morton property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BromiosGaines County, TX323 BBLs1,044 MCFDec 2023
CondorGaines County, TX339 BBLs2,502 MCFJan 2024
ElamGaines County, TX5,850 BBLs401 MCFJan 2024
HenryGaines County, TX1,151 BBLs0 MCFJan 2024
LandrethGaines County, TX31 BBLs0 MCFJan 2024
LinkGaines County, TX605 BBLs0 MCFJan 2024
MariusGaines County, TX560 BBLs1,539 MCFDec 2023
MarsGaines County, TX32 BBLs365 MCFDec 2023
Maverick 4Gaines County, TX674 BBLs124 MCFJan 2024
MedusaGaines County, TX1,210 BBLs1,569 MCFDec 2023
MemnonGaines County, TX614 BBLs456 MCFDec 2023
MeropeGaines County, TX0 BBLs0 MCFApr 2019
MetasGaines County, TX1,042 BBLs1,493 MCFDec 2023
MoriahGaines County, TX1,328 BBLs575 MCFJan 2024
MurtiaGaines County, TX390 BBLs1,135 MCFDec 2023
Pogue, MGaines County, TX620 BBLs0 MCFJan 2024
RobertsonGaines County, TX6,415 BBLs2,262 MCFJan 2024
SinaiGaines County, TX545 BBLs0 MCFJan 2024
WhartonGaines County, TX8,445 BBLs2,661 MCFJan 2024
Wharton A.BGaines County, TX2,264 BBLs429 MCFJan 2024

Owners of Morton

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023RING ENERGY INCMORTON 2,4,5,6,7RING ENERGY, I
2023CRAIGHEAD T C & COMORTON 2,4,5,6,7RING ENERGY, I
2023RANCE SURVIVORS TR 1988MORTON 2,4,5,6,7RING ENERGY, I
2023RITCHEY CODY M & LESLIE LMORTON 2,4,5,6,7RING ENERGY, I
2023PIERCE PRODUCTION COMPANY LLCMORTON 1PIERCE PRODUCT
2023FRANKLIN ONA AUDEANMORTON 2,4,5,6,7RING ENERGY, I
2023DEWINTER KRISTINA KAYMORTON 2,4,5,6,7RING ENERGY, I
2023CHALLE BEVERLY K 2015 REV TRMORTON 2,4,5,6,7RING ENERGY, I
Displaying 8 of 26 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Morton

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
8A-71169MORTONDec 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
8A-71170MORTONNov 2023PLAINS MARKETING, L.P.PIERCE PRODUCTION COMPANY, LLC
8A-71169MORTONNov 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
8A-71169MORTONOct 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
8A-71170MORTONSep 2023PLAINS MARKETING, L.P.PIERCE PRODUCTION COMPANY, LLC
8A-71169MORTONSep 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
8A-71169MORTONAug 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
8A-71169MORTONJul 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
8A-71169MORTONJun 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
8A-71169MORTONMay 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
8A-71170MORTONMay 2023PLAINS MARKETING, L.P.PIERCE PRODUCTION COMPANY, LLC
8A-71170MORTONApr 2023PLAINS MARKETING, L.P.PIERCE PRODUCTION COMPANY, LLC
8A-71169MORTONApr 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
8A-71169MORTONMar 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
8A-71169MORTONFeb 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
8A-71170MORTONJan 2023PLAINS MARKETING, L.P.PIERCE PRODUCTION COMPANY, LLC
8A-71169MORTONJan 2023PHILLIPS 66 COMPANYRING ENERGY, INC.
8A-71169MORTONDec 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
8A-71169MORTONNov 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
8A-71169MORTONOct 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
8A-68706MORTONSep 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
8A-71170MORTONAug 2022PLAINS MARKETING, L.P.PIERCE PRODUCTION COMPANY, LLC
8A-68706MORTONAug 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
8A-68706MORTONJul 2022PHILLIPS 66 COMPANYRING ENERGY, INC.
8A-68706MORTONJun 2022PHILLIPS 66 COMPANYRING ENERGY, INC.