NEW HOPE DEEP UNIT
NEW HOPE DEEP UNIT is a Texas gas lease in Franklin County, Railroad Commission district 06, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2005 to August 2026, totalling 744,596 thousand cubic feet. 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 $80K, with roughly $17K 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 352 thousand cubic feet a month. Its strongest month on the record we hold was June 2018, at 2,131 thousand cubic feet. 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 NEW HOPE DEEP UNIT
- Who operates NEW HOPE DEEP UNIT?
- NEW HOPE DEEP UNIT is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is NEW HOPE DEEP UNIT?
- NEW HOPE DEEP UNIT is a Texas gas lease in Franklin County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 216165.
- Is NEW HOPE DEEP UNIT still producing?
- NEW HOPE DEEP UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEW HOPE DEEP UNIT is August 2026.
- How much has NEW HOPE DEEP UNIT produced?
- NEW HOPE DEEP UNIT has reported 744,596 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2005 and August 2026, from 1 wellbore.
- How much is NEW HOPE DEEP UNIT worth?
- The remaining production from NEW HOPE DEEP UNIT is estimated to be worth about $80K in total as of 27 August 2026, within a range of $62K to $98K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEW HOPE DEEP UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NEW HOPE DEEP UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEW HOPE DEEP UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NEW HOPE DEEP UNIT generate in a year?
- NEW HOPE DEEP UNIT is forecast to net about $17K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEW HOPE DEEP UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | New Hope (Cotton Valley) |
| County | Franklin County, Texas |
| RRC district | 06 |
| Lease number | 216165 |
| Wellbores | 1 |
| Reported production | 744,596 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $80K |
Where NEW HOPE DEEP 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.