NEWTONVILLE NORTH UNIT
NEWTONVILLE NORTH UNIT is a Texas oil lease in Gonzales County, Railroad Commission district 01, operated by Southern Bay Operating, L.L.C. It has 8 wellbores on file with the Commission. Reported production runs from October 2012 to August 2026, totalling 997,448 barrels. The lease is intermittent. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.1M, with roughly $204K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 139 barrels a month, about 17 per wellbore. Its strongest month on the record we hold was May 2016, at 10,655 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about NEWTONVILLE NORTH UNIT
- Who operates NEWTONVILLE NORTH UNIT?
- NEWTONVILLE NORTH UNIT is operated by Southern Bay Operating, L.L.C., Railroad Commission of Texas operator number 803494.
- Where is NEWTONVILLE NORTH UNIT?
- NEWTONVILLE NORTH UNIT is a Texas oil lease in Gonzales County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 16538.
- Is NEWTONVILLE NORTH UNIT still producing?
- NEWTONVILLE NORTH UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for NEWTONVILLE NORTH UNIT is August 2026.
- How much has NEWTONVILLE NORTH UNIT produced?
- NEWTONVILLE NORTH UNIT has reported 997,448 barrels of oil (bbl) to the Railroad Commission of Texas between October 2012 and August 2026, from 8 wellbores.
- How much is NEWTONVILLE NORTH UNIT worth?
- The remaining production from NEWTONVILLE NORTH UNIT is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $837K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEWTONVILLE NORTH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NEWTONVILLE NORTH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEWTONVILLE NORTH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NEWTONVILLE NORTH UNIT generate in a year?
- NEWTONVILLE NORTH UNIT is forecast to net about $204K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEWTONVILLE NORTH UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Southern Bay Operating, L.L.C. |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | Gonzales County, Texas |
| RRC district | 01 |
| Lease number | 16538 |
| Wellbores | 8 |
| Reported production | 997,448 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where NEWTONVILLE NORTH UNIT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.