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 - Feb 2026
Total Oil Production3,474 BBLs
Total Gas Production8,188,780 MCF
Recent Oil Production93 BBLs in Feb 2026
Recent Gas Production5,093 MCF in Feb 2026
Wells on Property4

Our Valuation Estimates for New Hope Deep Unit

ShaleAssessment™

$23,199 *

MarketMultiple™

$39,531 **

* 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 Feb 2026

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, TX0 BBLs0 MCFAug 2025
Champion JamesCamp County, TX0 BBLs0 MCFApr 2025
ChanceCamp County, TX0 BBLs0 MCFJan 2026
Ferndale ClubCamp County, TX5 BBLs0 MCFFeb 2026
FlorenceCamp County, TX251 BBLs0 MCFMar 2026
GarrettCamp County, TX28 BBLs0 MCFFeb 2026
McGlothin W. CCamp County, TX0 BBLs0 MCFAug 2025
McKenzie J. FCamp County, TX0 BBLs0 MCFAug 2025
MesserCamp County, TX17 BBLs0 MCFMar 2026
MillerCamp County, TX0 BBLs0 MCFMar 2026
New Hope Deep UnitFranklin County, TX845 BBLs45,419 MCFFeb 2026
New Hope UnitFranklin County, TX5,328 BBLs4,918 MCFFeb 2026
Newsome UnitCamp County, TX209 BBLs0 MCFMar 2026
Puckett N. OCamp County, TX0 BBLs0 MCFSep 2025
Ramsdale SamCamp County, TX0 BBLs0 MCFJan 2026
Riddle Mary Belle Oil UnitCamp County, TX653 BBLs0 MCFFeb 2026
ShrumCamp County, TX0 BBLs0 MCFJun 2023
SteensonCamp County, TX319 BBLs0 MCFFeb 2026
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 12DFeb 2026J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DFeb 2026J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DJan 2026J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DJan 2026J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DDec 2025J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DDec 2025J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DNov 2025J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DNov 2025J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DOct 2025J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DOct 2025J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DSep 2025J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DSep 2025J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DAug 2025J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DAug 2025J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DJul 2025J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DJul 2025J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DJun 2025J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DJun 2025J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DMay 2025J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DMay 2025J. P. OIL COMPANY, INC.
06-016456NEW HOPE DEEP UNIT 12DApr 2025J. P. OIL COMPANY, INC.
06-144417NEW HOPE DEEP UNIT 32DApr 2025J. P. OIL COMPANY, INC.
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.