NORMAN, B. L.
NORMAN, B. L. is a Texas oil lease in Andrews County, Railroad Commission district 08, operated by Maynard Oil Co. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 30,620 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 $29K, with roughly $6K 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 8 barrels a month. Its strongest month on the record we hold was March 2024, at 22 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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, B. L.
- Who operates NORMAN, B. L.?
- NORMAN, B. L. is operated by Maynard Oil Co., Railroad Commission of Texas operator number 536740.
- Where is NORMAN, B. L.?
- NORMAN, B. L. is a Texas oil lease in Andrews County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 30039.
- Is NORMAN, B. L. still producing?
- NORMAN, B. L. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORMAN, B. L. is August 2026.
- How much has NORMAN, B. L. produced?
- NORMAN, B. L. has reported 30,620 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is NORMAN, B. L. worth?
- The remaining production from NORMAN, B. L. is estimated to be worth about $29K in total as of 27 August 2026, within a range of $0 to $59K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORMAN, B. L. is a fraction of it. The estimate fits an Arps decline curve to the production NORMAN, B. L. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORMAN, B. L. is an estimate of value, not an offer and not an appraisal.
- How much income does NORMAN, B. L. generate in a year?
- NORMAN, B. L. is forecast to net about $6K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NORMAN, B. L. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maynard Oil Co. |
|---|---|
| Field | Means, N. (Queen Sand) |
| County | Andrews County, Texas |
| RRC district | 08 |
| Lease number | 30039 |
| Wellbores | 1 |
| Reported production | 30,620 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $29K |
Where NORMAN, B. L. 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.