NEWBERRY
NEWBERRY is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by Howell Petroleum Corporation. It has 2 wellbores on file with the Commission. Reported production runs from August 1995 to August 2026, totalling 269,152 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 $1.2M, with roughly $274K 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 404 barrels a month, about 202 per wellbore. Its strongest month on the record we hold was June 2022, at 1,142 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 NEWBERRY
- Who operates NEWBERRY?
- NEWBERRY is operated by Howell Petroleum Corporation, Railroad Commission of Texas operator number 406610.
- Where is NEWBERRY?
- NEWBERRY is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22877.
- Is NEWBERRY still producing?
- NEWBERRY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEWBERRY is August 2026.
- How much has NEWBERRY produced?
- NEWBERRY has reported 269,152 barrels of oil (bbl) to the Railroad Commission of Texas between August 1995 and August 2026, from 2 wellbores.
- How much is NEWBERRY worth?
- The remaining production from NEWBERRY is estimated to be worth about $1.2M in total as of 27 August 2026, within a range of $963K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEWBERRY is a fraction of it. The estimate fits an Arps decline curve to the production NEWBERRY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEWBERRY is an estimate of value, not an offer and not an appraisal.
- How much income does NEWBERRY generate in a year?
- NEWBERRY is forecast to net about $274K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEWBERRY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Howell Petroleum Corporation |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 22877 |
| Wellbores | 2 |
| Reported production | 269,152 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where NEWBERRY 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.