Oil & Gas Property in Newton County, TX
Key data points for Hobbs Unit
| County | Newton County, TX |
|---|---|
| Production Dates | Nov 1995 - Apr 2025 |
| Total Oil Production | 157,963 BBLs |
| Total Gas Production | 1,869,863 MCF |
| Recent Oil Production | 46 BBLs in Mar 2025 |
| Recent Gas Production | 559 MCF in Mar 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Hobbs Unit
ShaleAssessment™
$3,228 *
MarketMultiple™
$7,645 **
* 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 7 properties to the Hobbs Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Blackstone Unit A | Newton County, TX | 231 BBLs | 152 MCF | Apr 2025 |
| Carthage | Newton County, TX | 261 BBLs | 901 MCF | Apr 2025 |
| Champion Int | Newton County, TX | 0 BBLs | 0 MCF | Feb 2022 |
| Champion Int | Newton County, TX | 313 BBLs | 1,862 MCF | Apr 2025 |
| Champion Intl | Newton County, TX | 140 BBLs | 161 MCF | Apr 2025 |
| Jones Unit A | Newton County, TX | 0 BBLs | 0 MCF | Aug 2016 |
| Temple | Newton County, TX | 62 BBLs | 17 MCF | Apr 2025 |
These are the closest 7 companies operating near the Hobbs Unit property.
| Company Name |
|---|
| Arcadia Energy Resources, LLC |
| Bonfire Operating LLC |
| BRG Lone Star LTD. |
| Copestone Operating, LLC |
| European-Southwest Co. |
| Sonat Exploration Company -Tyler |
| Texas Oil And Gas Operating, LLC |