NORMAN
NORMAN is a Texas oil lease in Gaines County, Railroad Commission district 08, operated by Mid-Continent Energy, Inc. It has 7 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 380,546 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 $1.6M, with roughly $354K 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 515 barrels a month, about 74 per wellbore. Its strongest month on the record we hold was July 2016, at 765 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
- Who operates NORMAN?
- NORMAN is operated by Mid-Continent Energy, Inc., Railroad Commission of Texas operator number 564726.
- Where is NORMAN?
- NORMAN is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 22985.
- Is NORMAN still producing?
- NORMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORMAN is August 2026.
- How much has NORMAN produced?
- NORMAN has reported 380,546 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 7 wellbores.
- How much is NORMAN worth?
- The remaining production from NORMAN is estimated to be worth about $1.6M in total as of 26 August 2026, within a range of $1.2M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORMAN is a fraction of it. The estimate fits an Arps decline curve to the production NORMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORMAN is an estimate of value, not an offer and not an appraisal.
- How much income does NORMAN generate in a year?
- NORMAN is forecast to net about $354K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NORMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mid-Continent Energy, Inc. |
|---|---|
| Field | Nolley (Wolfcamp) |
| County | Gaines County, Texas |
| RRC district | 08 |
| Lease number | 22985 |
| Wellbores | 7 |
| Reported production | 380,546 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where NORMAN 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.