NORRIS UNIT 32-H
NORRIS UNIT 32-H is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Xto Energy Inc. It has 13 wellbores on file with the Commission. Reported production runs from September 2019 to August 2026, totalling 2,376,225 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 $12.0M, with roughly $9.0M 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 9,059 barrels a month, about 697 per wellbore. Its strongest month on the record we hold was October 2021, at 277,864 barrels. 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 NORRIS UNIT 32-H
- Who operates NORRIS UNIT 32-H?
- NORRIS UNIT 32-H is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is NORRIS UNIT 32-H?
- NORRIS UNIT 32-H is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 53313.
- Is NORRIS UNIT 32-H still producing?
- NORRIS UNIT 32-H is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NORRIS UNIT 32-H is August 2026.
- How much has NORRIS UNIT 32-H produced?
- NORRIS UNIT 32-H has reported 2,376,225 barrels of oil (bbl) to the Railroad Commission of Texas between September 2019 and August 2026, from 13 wellbores.
- How much is NORRIS UNIT 32-H worth?
- The remaining production from NORRIS UNIT 32-H is estimated to be worth about $12.0M in total as of 27 August 2026, within a range of $10.0M to $14.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NORRIS UNIT 32-H is a fraction of it. The estimate fits an Arps decline curve to the production NORRIS UNIT 32-H has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NORRIS UNIT 32-H is an estimate of value, not an offer and not an appraisal.
- How much income does NORRIS UNIT 32-H generate in a year?
- NORRIS UNIT 32-H is forecast to net about $9.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NORRIS UNIT 32-H receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 53313 |
| Wellbores | 13 |
| Reported production | 2,376,225 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.0M |
Where NORRIS UNIT 32-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.