NEWSOM 'B'
NEWSOM 'B' is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Texland Petroleum, L.P. It has 2 wellbores on file with the Commission. Reported production runs from June 2021 to August 2026, totalling 10,350 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 $624K, with roughly $120K 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 151 barrels a month, about 75 per wellbore. Its strongest month on the record we hold was November 2021, at 351 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 NEWSOM 'B'
- Who operates NEWSOM 'B'?
- NEWSOM 'B' is operated by Texland Petroleum, L.P., Railroad Commission of Texas operator number 849735.
- Where is NEWSOM 'B'?
- NEWSOM 'B' is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71176.
- Is NEWSOM 'B' still producing?
- NEWSOM 'B' is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEWSOM 'B' is August 2026.
- How much has NEWSOM 'B' produced?
- NEWSOM 'B' has reported 10,350 barrels of oil (bbl) to the Railroad Commission of Texas between June 2021 and August 2026, from 2 wellbores.
- How much is NEWSOM 'B' worth?
- The remaining production from NEWSOM 'B' is estimated to be worth about $624K in total as of 27 August 2026, within a range of $487K to $761K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEWSOM 'B' is a fraction of it. The estimate fits an Arps decline curve to the production NEWSOM 'B' has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEWSOM 'B' is an estimate of value, not an offer and not an appraisal.
- How much income does NEWSOM 'B' generate in a year?
- NEWSOM 'B' is forecast to net about $120K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEWSOM 'B' receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Texland Petroleum, L.P. |
|---|---|
| Field | Ropes, E. (Clear Fork) |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 71176 |
| Wellbores | 2 |
| Reported production | 10,350 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $624K |
Where NEWSOM 'B' 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.