Newton

Oil & Gas Property in Milam County, TX

  2. Texas
  3. Milam County, TX
  4. Oil & Gas Properties in Milam County, TX
  5. Newton Oil & Gas Property

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Property Summary

Key data points for Newton

CountyMilam County, TX
Production DatesJan 1993 - Oct 2025
Total Oil Production23,188 BBLs
Total Gas Production2,448 MCF
Recent Oil Production46 BBLs in Sep 2025
Recent Gas Production0 MCF in Sep 2025
Wells on Property6

Our Valuation Estimates for Newton

ShaleAssessment™

$232 *

MarketMultiple™

$2,811 **

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

Based on a decimal interest

Newton Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Newton
from Jan 1993 to Oct 2025

Wells on Newton

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-331-30252NEWTON W. R. 1MICRO OPERATING, INC.ProducingMilam County, TX30.660061-96.807671
42-331-30256NEWTON 1Plugged Oil WellMilam County, TX30.668287-96.805261
42-331-30593NEWTON W. R. 2MICRO OPERATING, INC.ProducingMilam County, TX30.663537-96.807875
42-331-30607NEWTON, W. R. 2B & B DRILLING CO.Permitted LocationMilam County, TX30.669350-96.801105
42-331-30639NEWTON, W.R. 1CADDO OIL COMPANY, INC.Dry HoleMilam County, TX30.666602-96.808729
42-331-30864NEWTON, W. R. 1SHELL OIL COMPANYDry HoleMilam County, TX30.662140-96.766348

Leases included in Newton

Lease #Lease NameOperatorCountyMonthly Oil Prod.
01-05318NEWTONLEAR PETROLEUM CORP.Milam County, TX
01-05402NEWTON, W. R.MICRO OPERATING, INC.Milam County, TX

Operators Associated With Newton

Nearby Properties

These are the closest 20 properties to the Newton property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BeardMilam County, TX0 BBLs0 MCFSep 2021
Belt W.A. IIIMilam County, TX0 BBLs0 MCFAug 2025
BlackburnMilam County, TX9 BBLs0 MCFOct 2025
Boyd-EanesBurleson County, TX0 BBLs0 MCFMay 2023
CoffieldMilam County, TX77 BBLs0 MCFOct 2025
CoffieldMilam County, TX60 BBLs0 MCFOct 2025
ColdironMilam County, TX46 BBLs0 MCFSep 2025
EastwoodMilam County, TX66 BBLs0 MCFOct 2025
FussellMilam County, TX135 BBLs0 MCFOct 2025
Graham, AMilam County, TX0 BBLs0 MCFJul 2025
Hobbs WMilam County, TX0 BBLs0 MCFJan 2020
Hurt G. R. Et AlMilam County, TX40 BBLs0 MCFSep 2025
JordanMilam County, TX0 BBLs0 MCFMar 2024
KruegerMilam County, TX26 BBLs0 MCFOct 2025
Montague Cattle CoMilam County, TX7 BBLs0 MCFOct 2025
MorganMilam County, TX0 BBLs0 MCFOct 2025
PolzerMilam County, TX13 BBLs0 MCFOct 2025
Speckman ElsieBurleson County, TX92 BBLs88 MCFOct 2025
WoodsMilam County, TX23 BBLs0 MCFSep 2025
YakeschMilam County, TX0 BBLs0 MCFApr 2024

Companies in the Area

These are the closest 20 companies operating near the Newton property.

Company Name
Allied Operating Texas, LLC
Belmar Oil & Gas, Inc.
Bet-Ro, Inc.
CXL Energy LLC
Dash Production Company, Inc.
F & J Petroleum Company
Goldmark Energy Corporation
Heartland Resources, Inc.
Houston Petroleum Company
Micro Operating, Inc.
Pemberton, W. C. Oil Co., Inc.
Plantation Operating Co., Inc.
Rusk Energy Operating LLC
Samson Resources Company
San Dia Producing Company
Seagull Operating Co., Inc.
Sheldon Resources, L.P.
Shoreham Oil & Gas Company, Inc.
Slawson Exploration Company Inc
Tesuque Oil & Gas LLC

Owners of Newton

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025MICRO OPERATING INCNEWTON, W. R. W#1-2MICRO OPERATING, INC
2025MCLANE DRAYTON JRNEWTON, W. R. W#1-2MICRO OPERATING, INC
2025WATSON FAMILY TRUSTNEWTON, W. R. W#1-2MICRO OPERATING, INC

Oil & Gas Sales on Newton

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
01-05402NEWTON, W. R.Mar 2025TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Sep 2024TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Jun 2024TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.May 2024TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Mar 2024TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Feb 2024TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Dec 2023TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Oct 2023TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Aug 2023TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Jul 2023TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.May 2023TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Mar 2023TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Oct 2022TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Aug 2022TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Apr 20224J ENERGY, LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Oct 2021ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Jul 2021ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Aug 2020ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Feb 2020ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Oct 2019ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Aug 2019ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Feb 2019ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Jul 2018ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Feb 2018ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Aug 2017ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.