Oil & Gas Property in Newton County, TX
Key data points for Hobbs Unit
| County | , |
|---|---|
| Production Dates | Nov 1995 - Feb 2025 |
| Total Oil Production | 157,875 BBLs |
| Total Gas Production | 1,868,682 MCF |
| Recent Oil Production | 2 BBLs in Jan 2025 |
| Recent Gas Production | 44 MCF in Jan 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Hobbs Unit
ShaleAssessment™
$3,304 *
MarketMultiple™
$8,766 **
* 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 | 83 BBLs | 128 MCF | Feb 2025 |
| Carthage | Newton County, TX | 226 BBLs | 1,489 MCF | Feb 2025 |
| Champion Int | Newton County, TX | 309 BBLs | 1,954 MCF | Feb 2025 |
| Champion Int | Newton County, TX | 0 BBLs | 0 MCF | Feb 2022 |
| Champion Intl | Newton County, TX | 15 BBLs | 26 MCF | Feb 2025 |
| Jones Unit A | Newton County, TX | 0 BBLs | 0 MCF | Aug 2016 |
| Temple | Newton County, TX | 0 BBLs | 110 MCF | Feb 2025 |
These are the closest 0 companies operating near the Hobbs Unit property.
| Company Name |
|---|