NORMAN MOGC
NORMAN MOGC is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Maverick Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2018 to August 2026, totalling 61,674 barrels. 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 $1.8M, with roughly $399K 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 592 barrels a month. Its strongest month on the record we hold was May 2018, at 3,208 barrels. 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 NORMAN MOGC
- Who operates NORMAN MOGC?
- NORMAN MOGC is operated by Maverick Operating, LLC, Railroad Commission of Texas operator number 534209.
- Where is NORMAN MOGC?
- NORMAN MOGC is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 70737.
- Is NORMAN MOGC still producing?
- NORMAN MOGC is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORMAN MOGC is August 2026.
- How much has NORMAN MOGC produced?
- NORMAN MOGC has reported 61,674 barrels of oil (bbl) to the Railroad Commission of Texas between April 2018 and August 2026, from 1 wellbore.
- How much is NORMAN MOGC worth?
- The remaining production from NORMAN MOGC is estimated to be worth about $1.8M in total as of 26 August 2026, within a range of $1.4M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORMAN MOGC is a fraction of it. The estimate fits an Arps decline curve to the production NORMAN MOGC has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORMAN MOGC is an estimate of value, not an offer and not an appraisal.
- How much income does NORMAN MOGC generate in a year?
- NORMAN MOGC is forecast to net about $399K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NORMAN MOGC receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maverick Operating, LLC |
|---|---|
| Field | Norman (Canyon) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 70737 |
| Wellbores | 1 |
| Reported production | 61,674 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.8M |
Where NORMAN MOGC 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.