NEWSOM

NEWSOM is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Felderhoff Production Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 35,840 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 $221K, with roughly $43K 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 45 barrels a month. Its strongest month on the record we hold was February 2021, at 150 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

Who operates NEWSOM?
NEWSOM is operated by Felderhoff Production Company, Railroad Commission of Texas operator number 265140.
Where is NEWSOM?
NEWSOM is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 27043.
Is NEWSOM still producing?
NEWSOM is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEWSOM is August 2026.
How much has NEWSOM produced?
NEWSOM has reported 35,840 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is NEWSOM worth?
The remaining production from NEWSOM is estimated to be worth about $221K in total as of 26 August 2026, within a range of $122K to $321K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEWSOM is a fraction of it. The estimate fits an Arps decline curve to the production NEWSOM has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEWSOM is an estimate of value, not an offer and not an appraisal.
How much income does NEWSOM generate in a year?
NEWSOM is forecast to net about $43K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NEWSOM receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

NEWSOM as filed with the Railroad Commission of Texas
OperatorFelderhoff Production Company
FieldCannon (3140)
CountyGrayson County, Texas
RRC district09
Lease number27043
Wellbores1
Reported production35,840 bbl
First reported
Last reported
Estimated royalty value$221K

Where NEWSOM 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.