NIX 85
NIX 85 is a Texas oil lease in Hemphill County, Railroad Commission district 10, operated by Le Norman Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2014 to August 2026, totalling 34,809 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 $406K, with roughly $67K 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 77 barrels a month. Its strongest month on the record we hold was April 2022, at 617 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 NIX 85
- Who operates NIX 85?
- NIX 85 is operated by Le Norman Operating LLC, Railroad Commission of Texas operator number 491579.
- Where is NIX 85?
- NIX 85 is a Texas oil lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 09086.
- Is NIX 85 still producing?
- NIX 85 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NIX 85 is August 2026.
- How much has NIX 85 produced?
- NIX 85 has reported 34,809 barrels of oil (bbl) to the Railroad Commission of Texas between February 2014 and August 2026, from 1 wellbore.
- How much is NIX 85 worth?
- The remaining production from NIX 85 is estimated to be worth about $406K in total as of 27 August 2026, within a range of $223K to $588K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NIX 85 is a fraction of it. The estimate fits an Arps decline curve to the production NIX 85 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NIX 85 is an estimate of value, not an offer and not an appraisal.
- How much income does NIX 85 generate in a year?
- NIX 85 is forecast to net about $67K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NIX 85 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Le Norman Operating LLC |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 09086 |
| Wellbores | 1 |
| Reported production | 34,809 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $406K |
Where NIX 85 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.