TEXA PEARL 326
TEXA PEARL 326 is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Le Norman Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2015 to August 2026, totalling 1,325,579 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 $477K, with roughly $85K 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 3,267 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 27,517 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 TEXA PEARL 326
- Who operates TEXA PEARL 326?
- TEXA PEARL 326 is operated by Le Norman Operating LLC, Railroad Commission of Texas operator number 491579.
- Where is TEXA PEARL 326?
- TEXA PEARL 326 is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 278899.
- Is TEXA PEARL 326 still producing?
- TEXA PEARL 326 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXA PEARL 326 is August 2026.
- How much has TEXA PEARL 326 produced?
- TEXA PEARL 326 has reported 1,325,579 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2015 and August 2026, from 1 wellbore.
- How much is TEXA PEARL 326 worth?
- The remaining production from TEXA PEARL 326 is estimated to be worth about $477K in total as of 27 August 2026, within a range of $396K to $558K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXA PEARL 326 is a fraction of it. The estimate fits an Arps decline curve to the production TEXA PEARL 326 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXA PEARL 326 is an estimate of value, not an offer and not an appraisal.
- How much income does TEXA PEARL 326 generate in a year?
- TEXA PEARL 326 is forecast to net about $85K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TEXA PEARL 326 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Le Norman Operating LLC |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 278899 |
| Wellbores | 1 |
| Reported production | 1,325,579 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $477K |
Where TEXA PEARL 326 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.