NEWTON, ELSIE
NEWTON, ELSIE is a Texas oil lease in Harrison County, Railroad Commission district 06, operated by Harleton Oil & Gas Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 43,871 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 $464K, with roughly $89K 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 101 barrels a month. Its strongest month on the record we hold was May 2017, at 246 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 NEWTON, ELSIE
- Who operates NEWTON, ELSIE?
- NEWTON, ELSIE is operated by Harleton Oil & Gas Inc., Railroad Commission of Texas operator number 357165.
- Where is NEWTON, ELSIE?
- NEWTON, ELSIE is a Texas oil lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 12825.
- Is NEWTON, ELSIE still producing?
- NEWTON, ELSIE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEWTON, ELSIE is August 2026.
- How much has NEWTON, ELSIE produced?
- NEWTON, ELSIE has reported 43,871 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is NEWTON, ELSIE worth?
- The remaining production from NEWTON, ELSIE is estimated to be worth about $464K in total as of 26 August 2026, within a range of $362K to $566K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEWTON, ELSIE is a fraction of it. The estimate fits an Arps decline curve to the production NEWTON, ELSIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEWTON, ELSIE is an estimate of value, not an offer and not an appraisal.
- How much income does NEWTON, ELSIE generate in a year?
- NEWTON, ELSIE is forecast to net about $89K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NEWTON, ELSIE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Harleton Oil & Gas Inc. |
|---|---|
| Field | Trace,North (Woodbine) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 12825 |
| Wellbores | 1 |
| Reported production | 43,871 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $464K |
Where NEWTON, ELSIE 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.