NOLAND, H. H.
NOLAND, H. H. is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Midland Oil And Gas, Inc. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 69,420 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 $351K, with roughly $68K 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 102 barrels a month, about 20 per wellbore. Its strongest month on the record we hold was November 2024, at 227 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 NOLAND, H. H.
- Who operates NOLAND, H. H.?
- NOLAND, H. H. is operated by Midland Oil And Gas, Inc., Railroad Commission of Texas operator number 565589.
- Where is NOLAND, H. H.?
- NOLAND, H. H. is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 02771.
- Is NOLAND, H. H. still producing?
- NOLAND, H. H. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NOLAND, H. H. is August 2026.
- How much has NOLAND, H. H. produced?
- NOLAND, H. H. has reported 69,420 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is NOLAND, H. H. worth?
- The remaining production from NOLAND, H. H. is estimated to be worth about $351K in total as of 26 August 2026, within a range of $274K to $428K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NOLAND, H. H. is a fraction of it. The estimate fits an Arps decline curve to the production NOLAND, H. H. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NOLAND, H. H. is an estimate of value, not an offer and not an appraisal.
- How much income does NOLAND, H. H. generate in a year?
- NOLAND, H. H. is forecast to net about $68K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NOLAND, H. H. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Midland Oil And Gas, Inc. |
|---|---|
| Field | Mackoy, East (Strawn 4600) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 02771 |
| Wellbores | 5 |
| Reported production | 69,420 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $351K |
Where NOLAND, H. H. 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.