NEWMAN
NEWMAN is a Texas oil lease in La Salle County, Railroad Commission district 01, operated by Matador Production Company. It has 4 wellbores on file with the Commission. Reported production runs from September 2013 to August 2026, totalling 383,704 barrels. The lease is currently producing. 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 $1.3M, with roughly $504K 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 761 barrels a month, about 190 per wellbore. Its strongest month on the record we hold was January 2019, at 11,084 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 NEWMAN
- Who operates NEWMAN?
- NEWMAN is operated by Matador Production Company, Railroad Commission of Texas operator number 532993.
- Where is NEWMAN?
- NEWMAN is a Texas oil lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 17241.
- Is NEWMAN still producing?
- NEWMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEWMAN is August 2026.
- How much has NEWMAN produced?
- NEWMAN has reported 383,704 barrels of oil (bbl) to the Railroad Commission of Texas between September 2013 and August 2026, from 4 wellbores.
- How much is NEWMAN worth?
- The remaining production from NEWMAN is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $998K to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEWMAN is a fraction of it. The estimate fits an Arps decline curve to the production NEWMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEWMAN is an estimate of value, not an offer and not an appraisal.
- How much income does NEWMAN generate in a year?
- NEWMAN is forecast to net about $504K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NEWMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Matador Production Company |
|---|---|
| Field | Eagleville (Eagle Ford-1) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 17241 |
| Wellbores | 4 |
| Reported production | 383,704 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where NEWMAN 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.