JAMES LEE NORMAN
JAMES LEE NORMAN is a Texas oil lease in Haskell County, Railroad Commission district 7B, operated by Harken Exploration Company. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 75,610 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 $1.1M, with roughly $248K 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 332 barrels a month, about 111 per wellbore. Its strongest month on the record we hold was July 2022, at 527 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 JAMES LEE NORMAN
- Who operates JAMES LEE NORMAN?
- JAMES LEE NORMAN is operated by Harken Exploration Company, Railroad Commission of Texas operator number 357093.
- Where is JAMES LEE NORMAN?
- JAMES LEE NORMAN is a Texas oil lease in Haskell County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 21780.
- Is JAMES LEE NORMAN still producing?
- JAMES LEE NORMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JAMES LEE NORMAN is August 2026.
- How much has JAMES LEE NORMAN produced?
- JAMES LEE NORMAN has reported 75,610 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 3 wellbores.
- How much is JAMES LEE NORMAN worth?
- The remaining production from JAMES LEE NORMAN is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $852K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JAMES LEE NORMAN is a fraction of it. The estimate fits an Arps decline curve to the production JAMES LEE NORMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JAMES LEE NORMAN is an estimate of value, not an offer and not an appraisal.
- How much income does JAMES LEE NORMAN generate in a year?
- JAMES LEE NORMAN is forecast to net about $248K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JAMES LEE NORMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Harken Exploration Company |
|---|---|
| Field | Old Glory, Ne. (Bend Congl.) |
| County | Haskell County, Texas |
| RRC district | 7B |
| Lease number | 21780 |
| Wellbores | 3 |
| Reported production | 75,610 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where JAMES LEE 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.