Oil & Gas Property in Newton County, TX
Key data points for Hobbs Unit
| County | Newton County, TX |
|---|---|
| Production Dates | Nov 1995 - May 2026 |
| Total Oil Production | 158,777 BBLs |
| Total Gas Production | 1,879,204 MCF |
| Recent Oil Production | 52 BBLs in May 2026 |
| Recent Gas Production | 590 MCF in May 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Hobbs Unit
ShaleAssessment™
$2,754 *
MarketMultiple™
$11,212 **
* 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 | 155 BBLs | 0 MCF | Jun 2026 |
| Champion Int | Newton County, TX | 0 BBLs | 0 MCF | Dec 2021 |
| Champion Int | Newton County, TX | 268 BBLs | 1,266 MCF | Jun 2026 |
| Champion Intl | Newton County, TX | 58 BBLs | 1,529 MCF | May 2026 |
| Temple | Newton County, TX | 34 BBLs | 0 MCF | May 2026 |
These are the closest 8 companies operating near the Hobbs Unit property.