NORMAN B
NORMAN B is a Texas oil lease in Gaines County, Railroad Commission district 08, operated by Oxy USA Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2013 to August 2026, totalling 60,669 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 $723K, with roughly $138K 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 195 barrels a month. Its strongest month on the record we hold was December 2016, at 703 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 B
- Who operates NORMAN B?
- NORMAN B is operated by Oxy USA Inc., Railroad Commission of Texas operator number 630591.
- Where is NORMAN B?
- NORMAN B is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 44908.
- Is NORMAN B still producing?
- NORMAN B is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORMAN B is August 2026.
- How much has NORMAN B produced?
- NORMAN B has reported 60,669 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 1 wellbore.
- How much is NORMAN B worth?
- The remaining production from NORMAN B is estimated to be worth about $723K in total as of 26 August 2026, within a range of $564K to $882K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORMAN B is a fraction of it. The estimate fits an Arps decline curve to the production NORMAN B 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 is an estimate of value, not an offer and not an appraisal.
- How much income does NORMAN B generate in a year?
- NORMAN B is forecast to net about $138K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NORMAN B receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oxy USA Inc. |
|---|---|
| Field | Nolley (Wolfcamp) |
| County | Gaines County, Texas |
| RRC district | 08 |
| Lease number | 44908 |
| Wellbores | 1 |
| Reported production | 60,669 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $723K |
Where NORMAN B 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.