OMAHA 15
OMAHA 15 is a Texas gas 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 January 2016 to August 2026, totalling 1,152,707 thousand cubic feet. 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 $612K, with roughly $125K 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 2,125 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 47,736 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 OMAHA 15
- Who operates OMAHA 15?
- OMAHA 15 is operated by Le Norman Operating LLC, Railroad Commission of Texas operator number 491579.
- Where is OMAHA 15?
- OMAHA 15 is a Texas gas lease in Hemphill County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 280302.
- Is OMAHA 15 still producing?
- OMAHA 15 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OMAHA 15 is August 2026.
- How much has OMAHA 15 produced?
- OMAHA 15 has reported 1,152,707 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2016 and August 2026, from 1 wellbore.
- How much is OMAHA 15 worth?
- The remaining production from OMAHA 15 is estimated to be worth about $612K in total as of 26 August 2026, within a range of $508K to $716K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OMAHA 15 is a fraction of it. The estimate fits an Arps decline curve to the production OMAHA 15 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OMAHA 15 is an estimate of value, not an offer and not an appraisal.
- How much income does OMAHA 15 generate in a year?
- OMAHA 15 is forecast to net about $125K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OMAHA 15 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Le Norman Operating LLC |
|---|---|
| Field | Hemphill (Douglas) |
| County | Hemphill County, Texas |
| RRC district | 10 |
| Lease number | 280302 |
| Wellbores | 1 |
| Reported production | 1,152,707 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $612K |
Where OMAHA 15 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.