New Hope Deep Unit

Oil & Gas Property in Franklin County, TX

  2. Texas
  3. Franklin County, TX
  4. Oil & Gas Properties in Franklin County, TX
  5. New Hope Deep Unit Oil & Gas Property

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Property Summary

Key data points for New Hope Deep Unit

CountyFranklin County, TX
Production DatesJan 1993 - Jun 2025
Total Oil Production2,577 BBLs
Total Gas Production8,148,137 MCF
Recent Oil Production105 BBLs in May 2025
Recent Gas Production5,468 MCF in May 2025
Wells on Property4

Our Valuation Estimates for New Hope Deep Unit

ShaleAssessment™

$25,627 *

MarketMultiple™

$35,880 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

New Hope Deep Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for New Hope Deep Unit
from Jan 1993 to Jun 2025

Wells on New Hope Deep Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-159-00509NEW HOPE DEEP UNIT 31 DPlugged Oil/Gas WellFranklin County, TX33.027877-95.163457
42-159-00538NEW HOPE DEEP UNIT 12DJ.P. OIL COMPANY, INC.ProducingFranklin County, TX33.029946-95.171297
42-159-30484NEW HOPE DEEP UNIT 32DJ.P. OIL COMPANY, INC.ProducingFranklin County, TX33.031793-95.165902
42-159-30551NEW HOPE DEEP UNIT 25DXTO ENERGY INC.Permitted LocationFranklin County, TX33.033746-95.169713

Leases included in New Hope Deep Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-016456NEW HOPE DEEP UNIT 12DJ.P. OIL COMPANY, INC.Franklin County, TX
06-016458NEW HOPE DEEP UNIT 31 DGETTY OIL CO.Franklin County, TX
06-144417NEW HOPE DEEP UNIT 32DJ.P. OIL COMPANY, INC.Franklin County, TX

Operators Associated With New Hope Deep Unit

Nearby Properties

These are the closest 20 properties to the New Hope Deep Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BoyceCamp County, TX0 BBLs0 MCFMar 2025
Boyce Etal UnitCamp County, TX40 BBLs0 MCFJun 2025
Champion JamesCamp County, TX0 BBLs0 MCFApr 2025
ChanceCamp County, TX32 BBLs0 MCFJun 2025
Ferndale ClubCamp County, TX8 BBLs0 MCFJun 2025
FlorenceCamp County, TX389 BBLs0 MCFJun 2025
GarrettCamp County, TX47 BBLs0 MCFJun 2025
McGlothin W. CCamp County, TX9 BBLs0 MCFJun 2025
McKenzie J. FCamp County, TX53 BBLs0 MCFJun 2025
MesserCamp County, TX239 BBLs0 MCFJun 2025
MillerCamp County, TX71 BBLs0 MCFJun 2025
New Hope Deep UnitFranklin County, TX735 BBLs48,632 MCFJun 2025
New Hope UnitFranklin County, TX4,210 BBLs5,200 MCFJun 2025
Newsome UnitCamp County, TX215 BBLs0 MCFJun 2025
Puckett N. OCamp County, TX14 BBLs0 MCFJun 2025
Ramsdale SamCamp County, TX73 BBLs0 MCFJun 2025
Riddle Mary Belle Oil UnitCamp County, TX764 BBLs0 MCFJun 2025
ShrumCamp County, TX0 BBLs0 MCFJun 2023
SteensonCamp County, TX374 BBLs0 MCFJun 2025
VaidenCamp County, TX0 BBLs0 MCFDec 2009

Companies in the Area

These are the closest 12 companies operating near the New Hope Deep Unit property.

Company Name
84 Energy LLC
Basa Resources, Inc.
J.P. Oil Company, Inc.
Krog Partners, LLC
Linder, John Operating Co., LLC
Merit Energy Company
Moss Petroleum Company
Oil Management Corporation
Pride Energy Company
Roosth & Genecov Production Co.
Texaco E & P Inc
XTO Energy Inc.

Owners of New Hope Deep Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025JP OIL WYOMING LLC (MIN)NEW HOPE DEEP UNITJP OIL COMPANY INC
2025JP OIL WYOMING LLC (MIN)NEW HOPE DEEP UNITJP OIL COMPANY INC
2025JP OIL WYOMING LLC (MIN)NEW HOPE DEEP UNITJP OIL COMPANY INC
2025JP OIL WYOMING LLC (MIN)NEW HOPE DEEP UNITJP OIL COMPANY INC

Oil & Gas Sales on New Hope Deep Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-016456NEW HOPE DEEP UNIT 12DMar 2025J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DMar 2025J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DFeb 2025J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DFeb 2025J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DJan 2025J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DJan 2025J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DDec 2024J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DDec 2024J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DNov 2024J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DNov 2024J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DOct 2024J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DOct 2024J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DSep 2024J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DSep 2024J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DAug 2024J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DAug 2024J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DJul 2024J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DJul 2024J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DJun 2024J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DJun 2024J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DMay 2024J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DMay 2024J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DApr 2024J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DApr 2024J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DMar 2024J. P. OIL COMPANY, INC.