New Hope 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 Unit Oil & Gas Property

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Property Summary

Key data points for New Hope Unit

CountyFranklin County, TX
Production DatesJan 1993 - Aug 2025
Total Oil Production3,374,628 BBLs
Total Gas Production5,521,272 MCF
Recent Oil Production4,321 BBLs in Aug 2025
Recent Gas Production5,311 MCF in Aug 2025
Wells on Property81

Our Valuation Estimates for New Hope Unit

ShaleAssessment™

$238,815 *

MarketMultiple™

$586,110 **

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

Based on a decimal interest

New Hope Unit Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for New Hope Unit
from Jan 1993 to Aug 2025

Wells on New Hope Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-159-00484NEW HOPE UNIT 311J.P. OIL COMPANY, INC.Plugged Oil WellFranklin County, TX33.035789-95.154058
42-159-00490NEW HOPE UNIT 252WJ.P. OIL COMPANY, INC.Plugged Oil WellFranklin County, TX33.037814-95.165235
42-159-00491NEW HOPE UNIT 181WJ.P. OIL COMPANY, INC.Plugged Oil WellFranklin County, TX33.031567-95.175861
42-159-00493NEW HOPE UNIT 281WJ.P. OIL COMPANY, INC.InjectionFranklin County, TX33.034728-95.160418
42-159-00494NEW HOPE UNIT 282Plugged Oil WellFranklin County, TX33.038177-95.160340
42-159-00496NEW HOPE UNIT 301J.P. OIL COMPANY, INC.Plugged Oil WellFranklin County, TX33.035759-95.156720
42-159-00502NEW HOPE UNIT 303XTO ENERGY INC.Plugged Oil/Gas WellFranklin County, TX33.034072-95.158026
42-159-00503NEW HOPE UNIT 92J.P. OIL COMPANY, INC.InjectionFranklin County, TX33.032567-95.193946
42-159-00504NEW HOPE UNIT 2103J.P. OIL COMPANY, INC.Shut InFranklin County, TX33.036326-95.171951
42-159-00507NEW HOPE UNIT 171Plugged Oil WellFranklin County, TX33.029107-95.178675
42-159-00508NEW HOPE UNIT 721J.P. OIL COMPANY, INC.Plugged Oil WellFranklin County, TX33.035136-95.212604
42-159-00510NEW HOPE UNIT 351WJ.P. OIL COMPANY, INC.Plugged Oil WellFranklin County, TX33.042919-95.203457
42-159-00512NEW HOPE UNIT 172J.P. OIL COMPANY, INC.Plugged Oil WellFranklin County, TX33.026063-95.181596
42-159-00513NEW HOPE UNIT 61Plugged Oil WellFranklin County, TX33.041904-95.189619
42-159-00514NEW HOPE UNIT 91TJ.P. OIL COMPANY, INC.ProducingFranklin County, TX33.034248-95.189810
42-159-00515NEW HOPE UNIT 71J.P. OIL COMPANY, INC.Shut InFranklin County, TX33.039529-95.189545
42-159-00516NEW HOPE UNIT 81J.P. OIL COMPANY, INC.Plugged Oil WellFranklin County, TX33.037150-95.189702
42-159-00517NEW HOPE UNIT 121J.P. OIL COMPANY, INC.Oil WellFranklin County, TX33.035973-95.184422
42-159-00518NEW HOPE UNIT 151J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.037561-95.178798
42-159-00521NEW HOPE UNIT 21TJ.P. OIL COMPANY, INC.ProducingFranklin County, TX33.033499-95.197792
42-159-00522NEW HOPE UNIT 211J.P. OIL COMPANY, INC.InjectionFranklin County, TX33.035454-95.175663
42-159-00525NEW HOPE UNIT 232J.P. OIL COMPANY, INC.Plugged Oil WellFranklin County, TX33.029045-95.170410
42-159-00526NEW HOPE UNIT 661J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.032508-95.208484
42-159-00527NEW HOPE UNIT 662J.P. OIL COMPANY, INC.Plugged Oil WellFranklin County, TX33.036391-95.208485
42-159-00528NEW HOPE UNIT 191J.P. OIL COMPANY, INC.Plugged Oil WellFranklin County, TX33.024571-95.174844
42-159-00529NEW HOPE UNIT 161WPlugged Oil WellFranklin County, TX33.033546-95.178676
42-159-00530NEW HOPE UNIT 162TEXACO PRODUCING INC.Plugged Oil WellFranklin County, TX33.031590-95.186742
42-159-00531NEW HOPE UNIT 131J.P. OIL COMPANY, INC.Shut InFranklin County, TX33.028715-95.184371
42-159-00533NEW HOPE UNIT 111J.P. OIL COMPANY, INC.Plugged Oil WellFranklin County, TX33.040124-95.184484
42-159-00534NEW HOPE UNIT 201WPlugged Oil WellFranklin County, TX33.039410-95.173165
42-159-00536NEW HOPE UNIT 11J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.032277-95.213518
42-159-00541NEW HOPE UNIT 93J.P. OIL COMPANY, INC.Shut InFranklin County, TX33.034453-95.188575
42-159-00542NEW HOPE UNIT 671J.P. OIL COMPANY, INC.Shut InFranklin County, TX33.032819-95.206135
42-159-00543NEW HOPE UNIT 672XTO ENERGY INC.Plugged Oil WellFranklin County, TX33.034198-95.203429
42-159-00544NEW HOPE UNIT 673J.P. OIL COMPANY, INC.Plugged Oil WellFranklin County, TX33.035858-95.205610
42-159-00545NEW HOPE UNIT (BACON LIME) 112TEXACO E & P INC.Plugged Oil WellFranklin County, TX33.040116-95.185729
42-159-00546NEW HOPE UNIT 221J.P. OIL COMPANY, INC.Plugged Oil WellFranklin County, TX33.033474-95.170358
42-159-00547NEW HOPE UNIT 141Plugged Oil WellFranklin County, TX33.040055-95.180114
42-159-00549NEW HOPE UNIT 681J.P. OIL COMPANY, INC.Shut InFranklin County, TX33.030126-95.206156
42-159-00550NEW HOPE UNIT 41J.P. OIL COMPANY, INC.Shut InFranklin County, TX33.027946-95.197866
42-159-00552NEW HOPE UNIT 621J.P. OIL COMPANY, INC.Shut InFranklin County, TX33.025549-95.204468
42-159-00553NEW HOPE UNIT 641J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.029856-95.213917
42-159-00554NEW HOPE UNIT 101J.P. OIL COMPANY, INC.Plugged Oil WellFranklin County, TX33.030041-95.190088
42-159-00555NEW HOPE UNIT 51J.P. OIL COMPANY, INC.InjectionFranklin County, TX33.030196-95.192557
42-159-00569NEW HOPE UNIT 652J.P. OIL COMPANY, INC.Shut InFranklin County, TX33.030569-95.217518
42-159-30240NEW HOPE UNIT 622J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.029328-95.203662
42-159-30476NEW HOPE UNIT 7001J.P. OIL COMPANY, INC.Shut InFranklin County, TX33.027502-95.216250
42-159-30479NEW HOPE UNIT 663J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.032050-95.210416
42-159-30483NEW HOPE UNIT 7004J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.026510-95.220189
42-159-30486NEW HOPE UNIT 163J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.033406-95.183622
42-159-30489NEW HOPE UNIT 2202J.P. OIL COMPANY, INC.Shut InFranklin County, TX33.031750-95.170563
42-159-30490NEW HOPE UNIT 263J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.031647-95.165657
42-159-30491NEW HOPE UNIT 283J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.040237-95.162112
42-159-30492NEW HOPE UNIT 122J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.036396-95.187796
42-159-30493NEW HOPE UNIT 1604J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.030846-95.177857
42-159-30499NEW HOPE UNIT 6902J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.026455-95.211975
42-159-30538NEW HOPE UNIT 1502J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.035288-95.178085
42-159-30541NEW HOPE UNIT 904J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.034823-95.195028
42-159-30544NEW HOPE UNIT 6802J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.029216-95.207829
42-159-30545NEW HOPE UNIT 2203J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.031338-95.173292
42-159-30546NEW HOPE UNIT 1605J.P. OIL COMPANY, INC.Shut InFranklin County, TX33.032477-95.180101
42-159-30631NEW HOPE UNIT 2204XTO ENERGY INC.Sidetrack Well Surface LocationFranklin County, TX33.033818-95.169749
42-159-30632NEW HOPE UNIT 12XTO ENERGY INC.Permitted LocationFranklin County, TX33.036223-95.200006
42-159-30633NEW HOPE UNIT 1606XTO ENERGY INC.Sidetrack Well Surface LocationFranklin County, TX33.030982-95.187558
42-159-30634NEW HOPE UNIT 6903XTO ENERGY INC.Sidetrack Well Surface LocationFranklin County, TX33.027021-95.210028
42-159-30635NEW HOPE UNIT 2104XTO ENERGY INC.Permitted LocationFranklin County, TX33.035396-95.173583
42-159-30636NEW HOPE UNIT 502XTO ENERGY INC.Permitted LocationFranklin County, TX33.027935-95.195036
42-159-30638NEW HOPE UNIT 1703XTO ENERGY INC.Permitted LocationFranklin County, TX33.029796-95.177547
42-159-30639NEW HOPE UNIT 402XTO ENERGY INC.Permitted LocationFranklin County, TX33.028246-95.199758
42-159-80014NEW HOPE UNIT 31J.P. OIL COMPANY, INC.Shut InFranklin County, TX33.031281-95.200601
42-159-80019NEW HOPE UNIT 231J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.029067-95.174709
42-159-80020NEW HOPE UNIT 241J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.040281-95.167318
42-159-80021NEW HOPE UNIT 261J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.031340-95.167171
42-159-80022NEW HOPE UNIT 331J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.039498-95.151422
42-159-80029NEW HOPE UNIT 102J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.028572-95.187341
42-159-80032NEW HOPE UNIT 212J.P. OIL COMPANY, INC.ProducingFranklin County, TX33.037877-95.170477
42-159-80033NEW HOPE UNIT 262Plugged Oil WellFranklin County, TX33.031323-95.163458
42-159-80034NEW HOPE UNIT 291Plugged Oil WellFranklin County, TX33.031372-95.160075
42-159-80132NEW HOPE UNIT 2501Oil WellFranklin County, TX33.034637-95.165231
42-159-80150NEW HOPE UNIT 421Plugged Oil WellFranklin County, TX33.045121-95.168248
42-159-80151NEW HOPE UNIT 202Oil WellFranklin County, TX33.040702-95.170479

Leases included in New Hope Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-01120NEW HOPE UNITJ.P. OIL COMPANY, INC.Franklin County, TX
06-01126NEW HOPE UNITJ.P. OIL COMPANY, INC.Franklin County, TX
06-01129NEW HOPE UNITJ.P. OIL COMPANY, INC.Franklin County, TX
06-016451NEW HOPE UNIT 652TEXACO E & P INC.Franklin County, TX
06-016457NEW HOPE UNIT 2103TEXACO E & P INC.Franklin County, TX
06-016461NEW HOPE UNIT 93XTO ENERGY INC.Franklin County, TX
06-016463NEW HOPE UNIT 303XTO ENERGY INC.Franklin County, TX
06-05897NEW HOPE UNITJ.P. OIL COMPANY, INC.Franklin County, TX
06-10873NEW HOPE UNIT (T. E. HEWETT)TEXACO E & P INC.Franklin County, TX
06-145048NEW HOPE UNIT 7004TEXACO E & P INC.Franklin County, TX

Operators Associated With New Hope Unit

Nearby Properties

These are the closest 9 properties to the New Hope Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
FlorenceCamp County, TX446 BBLs0 MCFSep 2025
MesserCamp County, TX283 BBLs0 MCFSep 2025
MillerCamp County, TX55 BBLs0 MCFSep 2025
New Hope Deep UnitFranklin County, TX106 BBLs5,565 MCFAug 2025
New Hope Deep UnitFranklin County, TX847 BBLs51,090 MCFAug 2025
Newsome UnitCamp County, TX242 BBLs0 MCFSep 2025
Riddle Mary Belle Oil UnitCamp County, TX689 BBLs0 MCFSep 2025
SteensonCamp County, TX337 BBLs0 MCFSep 2025
VaidenCamp County, TX0 BBLs0 MCFDec 2009

Companies in the Area

These are the closest 8 companies operating near the New Hope Unit property.

Company Name
84 Energy LLC
J.P. Oil Company, Inc.
Linder, John Operating Co., LLC
Moss Petroleum Company
Oil Management Corporation
Pride Energy Company
Texaco E & P Inc.
XTO Energy Inc.

Frac'ing activity on New Hope Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-159-30240NHSU 62-2
42-159-30546NHSU 16-5

Owners of New Hope Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025JP OIL WYOMING LLC (MIN)NEW HOPE SHALLOW UNITJP OIL COMPANY INC
2025MERIT ENERGY COMPANYMCALLEN FIELD WIDE UNFMERIT ENERGY COMPANY
2025EXEMPT-CITY OF MCALLENMCALLEN FIELD WIDE UNFMERIT ENERGY COMPANY
2025HOG PARTNERSHIP LPNEW HOPE SHALLOW UNITJP OIL COMPANY INC
2025COX OIL PARTNERS LLCNEW HOPE SHALLOW UNITJP OIL COMPANY INC
2025HERRINGTON JOSEPH III FAMLY TRNEW HOPE SHALLOW UNITJP OIL COMPANY INC
2025FLAME ROYALTIES INCNEW HOPE SHALLOW UNITJP OIL COMPANY INC
2025HILCORP ENERGY DEVELOPMENT LPMCALLEN FIELD WIDE UNFMERIT ENERGY COMPANY
Displaying 8 of 1049 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on New Hope Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-01120NEW HOPE UNITApr 2025TEXICAN CRUDE & HYDROCARBONS, LLCJ. P. OIL COMPANY, INC.
06-01126NEW HOPE UNITApr 2025TEXICAN CRUDE & HYDROCARBONS, LLCJ. P. OIL COMPANY, INC.
06-01129NEW HOPE UNITApr 2025TEXICAN CRUDE & HYDROCARBONS, LLCJ. P. OIL COMPANY, INC.
06-05897NEW HOPE UNITApr 2025TEXICAN CRUDE & HYDROCARBONS, LLCJ. P. OIL COMPANY, INC.
06-01120NEW HOPE UNITMar 2025J. P. OIL COMPANY, INC.
06-01120NEW HOPE UNITMar 2025TEXICAN CRUDE & HYDROCARBONS, LLCJ. P. OIL COMPANY, INC.
06-01126NEW HOPE UNITMar 2025J. P. OIL COMPANY, INC.
06-01126NEW HOPE UNITMar 2025TEXICAN CRUDE & HYDROCARBONS, LLCJ. P. OIL COMPANY, INC.
06-01129NEW HOPE UNITMar 2025TEXICAN CRUDE & HYDROCARBONS, LLCJ. P. OIL COMPANY, INC.
06-05897NEW HOPE UNITMar 2025J. P. OIL COMPANY, INC.
06-05897NEW HOPE UNITMar 2025TEXICAN CRUDE & HYDROCARBONS, LLCJ. P. OIL COMPANY, INC.
06-01120NEW HOPE UNITFeb 2025J. P. OIL COMPANY, INC.
06-01120NEW HOPE UNITFeb 2025TEXICAN CRUDE & HYDROCARBONS, LLCJ. P. OIL COMPANY, INC.
06-01126NEW HOPE UNITFeb 2025J. P. OIL COMPANY, INC.
06-01126NEW HOPE UNITFeb 2025TEXICAN CRUDE & HYDROCARBONS, LLCJ. P. OIL COMPANY, INC.
06-01129NEW HOPE UNITFeb 2025TEXICAN CRUDE & HYDROCARBONS, LLCJ. P. OIL COMPANY, INC.
06-05897NEW HOPE UNITFeb 2025J. P. OIL COMPANY, INC.
06-05897NEW HOPE UNITFeb 2025TEXICAN CRUDE & HYDROCARBONS, LLCJ. P. OIL COMPANY, INC.
06-01120NEW HOPE UNITJan 2025J. P. OIL COMPANY, INC.
06-01120NEW HOPE UNITJan 2025TEXICAN CRUDE & HYDROCARBONS, LLCJ. P. OIL COMPANY, INC.
06-01126NEW HOPE UNITJan 2025J. P. OIL COMPANY, INC.
06-01126NEW HOPE UNITJan 2025TEXICAN CRUDE & HYDROCARBONS, LLCJ. P. OIL COMPANY, INC.
06-01129NEW HOPE UNITJan 2025TEXICAN CRUDE & HYDROCARBONS, LLCJ. P. OIL COMPANY, INC.
06-05897NEW HOPE UNITJan 2025J. P. OIL COMPANY, INC.
06-05897NEW HOPE UNITJan 2025TEXICAN CRUDE & HYDROCARBONS, LLCJ. P. OIL COMPANY, INC.