MOORE FARMS

MOORE FARMS is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Le Norman Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2015 to August 2026, totalling 174,311 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 $52K, with roughly $30K 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 945 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 2,422 thousand cubic feet. 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 MOORE FARMS

Who operates MOORE FARMS?
MOORE FARMS is operated by Le Norman Operating LLC, Railroad Commission of Texas operator number 491579.
Where is MOORE FARMS?
MOORE FARMS is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 279511.
Is MOORE FARMS still producing?
MOORE FARMS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for MOORE FARMS is August 2026.
How much has MOORE FARMS produced?
MOORE FARMS has reported 174,311 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2015 and August 2026, from 1 wellbore.
How much is MOORE FARMS worth?
The remaining production from MOORE FARMS is estimated to be worth about $52K in total as of 27 August 2026, within a range of $40K to $63K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in MOORE FARMS is a fraction of it. The estimate fits an Arps decline curve to the production MOORE FARMS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for MOORE FARMS is an estimate of value, not an offer and not an appraisal.
How much income does MOORE FARMS generate in a year?
MOORE FARMS is forecast to net about $30K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in MOORE FARMS receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

MOORE FARMS as filed with the Railroad Commission of Texas
OperatorLe Norman Operating LLC
FieldMills Ranch (Granite Wash Cons.)
CountyWheeler County, Texas
RRC district10
Lease number279511
Wellbores1
Reported production174,311 mcf
First reported
Last reported
Estimated royalty value$52K

Where MOORE FARMS 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.