NORTON
NORTON is a Texas oil lease in Brazoria County, Railroad Commission district 03, operated by Martin, William C. It has 7 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 107,467 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 $185K, with roughly $36K 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 30 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was September 2016, at 372 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 NORTON
- Who operates NORTON?
- NORTON is operated by Martin, William C., Railroad Commission of Texas operator number 531030.
- Where is NORTON?
- NORTON is a Texas oil lease in Brazoria County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 01106.
- Is NORTON still producing?
- NORTON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORTON is August 2026.
- How much has NORTON produced?
- NORTON has reported 107,467 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 7 wellbores.
- How much is NORTON worth?
- The remaining production from NORTON is estimated to be worth about $185K in total as of 26 August 2026, within a range of $102K to $268K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORTON is a fraction of it. The estimate fits an Arps decline curve to the production NORTON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORTON is an estimate of value, not an offer and not an appraisal.
- How much income does NORTON generate in a year?
- NORTON is forecast to net about $36K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NORTON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Martin, William C. |
|---|---|
| Field | Damon Mound |
| County | Brazoria County, Texas |
| RRC district | 03 |
| Lease number | 01106 |
| Wellbores | 7 |
| Reported production | 107,467 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $185K |
Where NORTON 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.