Oil & Gas Property in Newton County, TX
Key data points for Hobbs Unit
| County | Newton County, TX |
|---|---|
| Production Dates | Nov 1995 - Apr 2026 |
| Total Oil Production | 158,725 BBLs |
| Total Gas Production | 1,878,614 MCF |
| Recent Oil Production | 59 BBLs in Apr 2026 |
| Recent Gas Production | 590 MCF in Apr 2026 |
| Wells on Property | 2 |
Our Valuation Estimates for Hobbs Unit
ShaleAssessment™
$2,787 *
MarketMultiple™
$11,420 **
* 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 | 145 BBLs | 0 MCF | May 2026 |
| Champion Int | Newton County, TX | 314 BBLs | 1,253 MCF | May 2026 |
| Champion Int | Newton County, TX | 0 BBLs | 0 MCF | Dec 2021 |
| Champion Intl | Newton County, TX | 53 BBLs | 1,529 MCF | Apr 2026 |
| Temple | Newton County, TX | 27 BBLs | 0 MCF | Apr 2026 |
These are the closest 8 companies operating near the Hobbs Unit property.