NORTON
NORTON is a Texas oil lease in Hardeman County, Railroad Commission district 09, operated by Maynard Oil Co. It has 1 wellbore on file with the Commission. Reported production runs from October 1994 to August 2026, totalling 468,987 barrels. The lease is intermittent. 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 $364K, with roughly $70K 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 39 barrels a month. Its strongest month on the record we hold was December 2025, at 274 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 Maynard Oil Co., Railroad Commission of Texas operator number 536740.
- Where is NORTON?
- NORTON is a Texas oil lease in Hardeman County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 28863.
- Is NORTON still producing?
- NORTON is intermittent. 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 468,987 barrels of oil (bbl) to the Railroad Commission of Texas between October 1994 and August 2026, from 1 wellbore.
- How much is NORTON worth?
- The remaining production from NORTON is estimated to be worth about $364K in total as of 26 August 2026, within a range of $200K to $528K. 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 $70K 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 | Maynard Oil Co. |
|---|---|
| Field | Spot'S Other Knob (Chappel) |
| County | Hardeman County, Texas |
| RRC district | 09 |
| Lease number | 28863 |
| Wellbores | 1 |
| Reported production | 468,987 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $364K |
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.