Newsom 1

Oil & Gas Property in Gaines County, TX

  2. Texas
  3. Gaines County, TX
  4. Oil & Gas Properties in Gaines County, TX
  5. Newsom 1 Oil & Gas Property

Map of Wells Full Screen Map

Property Summary

Key data points for Newsom 1

CountyGaines County, TX
Production DatesNov 1996 - Jun 2026
Total Oil Production196,070 BBLs
Total Gas Production44,746 MCF
Recent Oil Production52 BBLs in May 2026
Recent Gas Production62 MCF in May 2026
Wells on Property4

Our Valuation Estimates for Newsom 1

ShaleAssessment™

$4,421 *

MarketMultiple™

$10,896 **

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

Based on a decimal interest

Newsom 1 Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Newsom 1
from Nov 1996 to Jun 2026

Wells on Newsom 1

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-165-34211NEWSOM "107" 1IP PETROLEUM COMPANY, INC.Dry HoleGaines County, TX32.799787-102.569769
42-165-35055NEWSOM 121 1FASKEN OIL AND RANCH, LTD.ProducingGaines County, TX32.820037-102.577175
42-165-35362NEWSOM "121" 2FASKEN OIL AND RANCH, LTD.Dry HoleGaines County, TX32.822628-102.579482
42-165-35989NEWSOM 121-A 3FASKEN OIL AND RANCH, LTD.ProducingGaines County, TX32.819819-102.573942

Leases included in Newsom 1

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
8A-67644NEWSOM 121FASKEN OIL AND RANCH, LTD.Gaines County, TX
8A-68600NEWSOM "121-A"FASKEN OIL AND RANCH, LTD.Gaines County, TX

Operators Associated With Newsom 1

Nearby Properties

These are the closest 20 properties to the Newsom 1 property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ArcoGaines County, TX26 BBLs0 MCFJun 2026
Buck WalterGaines County, TX0 BBLs0 MCFOct 2025
CornettGaines County, TX879 BBLs66 MCFJun 2026
Cunningham DGaines County, TX0 BBLs0 MCFOct 2025
G-M-K /San Andres/ UnitGaines County, TX509 BBLs83 MCFJun 2026
G-M-K West UnitGaines County, TX1,337 BBLs411 MCFJun 2026
GrangerGaines County, TX299 BBLs18 MCFJun 2026
Hanford East San Andres UnitGaines County, TX909 BBLs310 MCFJun 2026
Hannah KateGaines County, TX675 BBLs0 MCFJun 2026
HomannGaines County, TX72 BBLs255 MCFJun 2026
Homann San Andres UnitGaines County, TX1,259 BBLs0 MCFJun 2026
JamesonGaines County, TX395 BBLs0 MCFJun 2026
MontyGaines County, TX123 BBLs25 MCFJun 2026
RileyGaines County, TX0 BBLs210 MCFJun 2026
SeabeanGaines County, TX628 BBLs97 MCFJun 2026
Sheridan 96Gaines County, TX42 BBLs0 MCFJun 2026
StateGaines County, TX0 BBLs0 MCFOct 2025
Taylor 1Gaines County, TX108 BBLs0 MCFJun 2026
Trinity University 199Gaines County, TX1,093 BBLs645 MCFJun 2026
WakefieldGaines County, TX363 BBLs0 MCFJun 2026

Companies in the Area

These are the closest 20 companies operating near the Newsom 1 property.

Company Name
Arco Oil & Gas Company
Arco Permian
Block "T" Petroleum, Inc.
Clark, John M., Inc.
Concho Oilfield Serv & Oper Co.
Extex Operating Company
Fasken Oil And Ranch, LTD.
Griffin Petroleum Company
Henry Petroleum Corp.
Hilcorp Energy Company
Knox Industries, Inc.
Maynard Oil Co.
McClure Oil Company, Inc.
Mobil Producing TX. & N.M. Inc.
Petex
Rein Pusher Operating LLC
Remuda Operating Company
Richland Resources Corporation
Rock Fish Operating LLC
Yucca Energy, Inc.

Owners of Newsom 1

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026PROVIDENCE MINERALS LTDNEWSOM 121FASKEN OIL AND
2026WHITE ROCK OIL & GAS LLCNEWSOM -121-AFASKEN OIL AND
2026FASKEN OIL AND RANCH LTDNEWSOM 121FASKEN OIL AND
2026FASKEN OIL AND RANCH LTDNEWSOM -121-AFASKEN OIL AND

Oil & Gas Sales on Newsom 1

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
8A-67644NEWSOM 121May 2026HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-68600NEWSOM "121-A"May 2026HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-68600NEWSOM "121-A"Mar 2026HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-67644NEWSOM 121Mar 2026HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-68600NEWSOM "121-A"Jan 2026HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-67644NEWSOM 121Jan 2026HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-67644NEWSOM 121Nov 2025HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-68600NEWSOM "121-A"Nov 2025HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-67644NEWSOM 121Sep 2025HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-68600NEWSOM "121-A"Sep 2025HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-67644NEWSOM 121Jul 2025HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-68600NEWSOM "121-A"Jul 2025HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-67644NEWSOM 121May 2025HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-68600NEWSOM "121-A"May 2025HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-67644NEWSOM 121Mar 2025HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-68600NEWSOM "121-A"Mar 2025HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-68600NEWSOM "121-A"Jan 2025HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-67644NEWSOM 121Jan 2025HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-68600NEWSOM "121-A"Nov 2024HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-67644NEWSOM 121Nov 2024HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-67644NEWSOM 121Sep 2024HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-68600NEWSOM "121-A"Sep 2024HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-68600NEWSOM "121-A"Aug 2024HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-67644NEWSOM 121Aug 2024HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.
8A-67644NEWSOM 121Jun 2024HF SINCLAIR REFINING & MARKETING LLCFASKEN OIL AND RANCH, LTD.