NEWSOM "121-A"
NEWSOM "121-A" is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Fasken Oil And Ranch, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from July 2003 to August 2026, totalling 42,339 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 $170K, with roughly $32K 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 41 barrels a month. Its strongest month on the record we hold was July 2022, at 159 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 NEWSOM "121-A"
- Who operates NEWSOM "121-A"?
- NEWSOM "121-A" is operated by Fasken Oil And Ranch, Ltd., Railroad Commission of Texas operator number 263696.
- Where is NEWSOM "121-A"?
- NEWSOM "121-A" is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68600.
- Is NEWSOM "121-A" still producing?
- NEWSOM "121-A" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEWSOM "121-A" is August 2026.
- How much has NEWSOM "121-A" produced?
- NEWSOM "121-A" has reported 42,339 barrels of oil (bbl) to the Railroad Commission of Texas between July 2003 and August 2026, from 1 wellbore.
- How much is NEWSOM "121-A" worth?
- The remaining production from NEWSOM "121-A" is estimated to be worth about $170K in total as of 26 August 2026, within a range of $94K to $247K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEWSOM "121-A" is a fraction of it. The estimate fits an Arps decline curve to the production NEWSOM "121-A" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEWSOM "121-A" is an estimate of value, not an offer and not an appraisal.
- How much income does NEWSOM "121-A" generate in a year?
- NEWSOM "121-A" is forecast to net about $32K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NEWSOM "121-A" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fasken Oil And Ranch, Ltd. |
|---|---|
| Field | Julie (San Andres) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 68600 |
| Wellbores | 1 |
| Reported production | 42,339 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $170K |
Where NEWSOM "121-A" 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.