NORRIS ESTATE
NORRIS ESTATE is a Texas gas lease in Gregg County, Railroad Commission district 06, operated by Reynolds Drilling Co., Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1997 to August 2026, totalling 360,113 thousand cubic feet. 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 $149K, with roughly $26K 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 607 thousand cubic feet a month. Its strongest month on the record we hold was April 2022, at 1,165 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 NORRIS ESTATE
- Who operates NORRIS ESTATE?
- NORRIS ESTATE is operated by Reynolds Drilling Co., Inc., Railroad Commission of Texas operator number 704332.
- Where is NORRIS ESTATE?
- NORRIS ESTATE is a Texas gas lease in Gregg County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 162626.
- Is NORRIS ESTATE still producing?
- NORRIS ESTATE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORRIS ESTATE is August 2026.
- How much has NORRIS ESTATE produced?
- NORRIS ESTATE has reported 360,113 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1997 and August 2026, from 1 wellbore.
- How much is NORRIS ESTATE worth?
- The remaining production from NORRIS ESTATE is estimated to be worth about $149K in total as of 27 August 2026, within a range of $116K to $182K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORRIS ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production NORRIS ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORRIS ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does NORRIS ESTATE generate in a year?
- NORRIS ESTATE is forecast to net about $26K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NORRIS ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Reynolds Drilling Co., Inc. |
|---|---|
| Field | Willow Springs (Travis Peak) |
| County | Gregg County, Texas |
| RRC district | 06 |
| Lease number | 162626 |
| Wellbores | 1 |
| Reported production | 360,113 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $149K |
Where NORRIS ESTATE 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.