Oil & Gas Property in Newton County, TX
Key data points for Hobbs Unit
| County | Newton County, TX |
|---|---|
| Production Dates | Nov 1995 - Feb 2026 |
| Total Oil Production | 158,595 BBLs |
| Total Gas Production | 1,877,375 MCF |
| Recent Oil Production | 77 BBLs in Feb 2026 |
| Recent Gas Production | 634 MCF in Feb 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Hobbs Unit
ShaleAssessment™
$2,853 *
MarketMultiple™
$10,552 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 5 properties to the Hobbs Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Blackstone Unit A | Newton County, TX | 160 BBLs | 0 MCF | Mar 2026 |
| Champion Int | Newton County, TX | 0 BBLs | 0 MCF | Dec 2021 |
| Champion Int | Newton County, TX | 286 BBLs | 1,366 MCF | Mar 2026 |
| Champion Intl | Newton County, TX | 78 BBLs | 347 MCF | Feb 2026 |
| Temple | Newton County, TX | 86 BBLs | 0 MCF | Feb 2026 |
These are the closest 7 companies operating near the Hobbs Unit property.
| Company Name |
|---|
| Arcadia Energy Resources, LLC |
| Atlas Operating LLC |
| Bonfire Operating LLC |
| Copestone Operating, LLC |
| European-Southwest Co. |
| Sonat Exploration Company -Tyler |
| Texas Oil And Gas Operating, LLC |