NEWELL-HOPPES

NEWELL-HOPPES is a Texas oil lease in Wichita County, Railroad Commission district 09, operated by J. & I. Oil Company. It has 14 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 32,023 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 $82K, with roughly $16K 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 26 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was May 2023, at 81 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 NEWELL-HOPPES

Who operates NEWELL-HOPPES?
NEWELL-HOPPES is operated by J. & I. Oil Company, Railroad Commission of Texas operator number 427610.
Where is NEWELL-HOPPES?
NEWELL-HOPPES is a Texas oil lease in Wichita County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 14460.
Is NEWELL-HOPPES still producing?
NEWELL-HOPPES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEWELL-HOPPES is August 2026.
How much has NEWELL-HOPPES produced?
NEWELL-HOPPES has reported 32,023 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 14 wellbores.
How much is NEWELL-HOPPES worth?
The remaining production from NEWELL-HOPPES is estimated to be worth about $82K in total as of 26 August 2026, within a range of $45K to $118K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEWELL-HOPPES is a fraction of it. The estimate fits an Arps decline curve to the production NEWELL-HOPPES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEWELL-HOPPES is an estimate of value, not an offer and not an appraisal.
How much income does NEWELL-HOPPES generate in a year?
NEWELL-HOPPES is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NEWELL-HOPPES receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

NEWELL-HOPPES as filed with the Railroad Commission of Texas
OperatorJ. & I. Oil Company
FieldWichita County Regular
CountyWichita County, Texas
RRC district09
Lease number14460
Wellbores14
Reported production32,023 bbl
First reported
Last reported
Estimated royalty value$82K

Where NEWELL-HOPPES 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.