NORRIS
NORRIS is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Felderhoff Production Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 36,922 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 $311K, with roughly $60K 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 83 barrels a month. Its strongest month on the record we hold was March 2018, at 199 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 NORRIS
- Who operates NORRIS?
- NORRIS is operated by Felderhoff Production Company, Railroad Commission of Texas operator number 265140.
- Where is NORRIS?
- NORRIS is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 02438.
- Is NORRIS still producing?
- NORRIS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORRIS is August 2026.
- How much has NORRIS produced?
- NORRIS has reported 36,922 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is NORRIS worth?
- The remaining production from NORRIS is estimated to be worth about $311K in total as of 26 August 2026, within a range of $171K to $451K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORRIS is a fraction of it. The estimate fits an Arps decline curve to the production NORRIS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORRIS is an estimate of value, not an offer and not an appraisal.
- How much income does NORRIS generate in a year?
- NORRIS is forecast to net about $60K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NORRIS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Felderhoff Production Company |
|---|---|
| Field | Underwood (3450 Strawn) |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 02438 |
| Wellbores | 1 |
| Reported production | 36,922 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $311K |
Where NORRIS 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.