NEWBERRY-REED UNIT
NEWBERRY-REED UNIT is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by Anadarko E&P Company LP. It has 1 wellbore on file with the Commission. Reported production runs from March 2003 to August 2026, totalling 339,791 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 $979K, with roughly $217K 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 419 barrels a month. Its strongest month on the record we hold was March 2026, at 1,128 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 NEWBERRY-REED UNIT
- Who operates NEWBERRY-REED UNIT?
- NEWBERRY-REED UNIT is operated by Anadarko E&P Company LP, Railroad Commission of Texas operator number 020542.
- Where is NEWBERRY-REED UNIT?
- NEWBERRY-REED UNIT is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24354.
- Is NEWBERRY-REED UNIT still producing?
- NEWBERRY-REED UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEWBERRY-REED UNIT is August 2026.
- How much has NEWBERRY-REED UNIT produced?
- NEWBERRY-REED UNIT has reported 339,791 barrels of oil (bbl) to the Railroad Commission of Texas between March 2003 and August 2026, from 1 wellbore.
- How much is NEWBERRY-REED UNIT worth?
- The remaining production from NEWBERRY-REED UNIT is estimated to be worth about $979K in total as of 27 August 2026, within a range of $764K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEWBERRY-REED UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NEWBERRY-REED UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEWBERRY-REED UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NEWBERRY-REED UNIT generate in a year?
- NEWBERRY-REED UNIT is forecast to net about $217K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEWBERRY-REED UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Anadarko E&P Company LP |
|---|---|
| Field | Giddings (Buda) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 24354 |
| Wellbores | 1 |
| Reported production | 339,791 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $979K |
Where NEWBERRY-REED UNIT 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.