JONES, NEWT
JONES, NEWT is a Texas oil lease in Frio County, Railroad Commission district 01, operated by Hughey, W. R., Operating Co. It has 5 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 51,755 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 $513K, with roughly $99K 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 112 barrels a month, about 22 per wellbore. Its strongest month on the record we hold was December 2019, at 807 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 JONES, NEWT
- Who operates JONES, NEWT?
- JONES, NEWT is operated by Hughey, W. R., Operating Co., Railroad Commission of Texas operator number 412150.
- Where is JONES, NEWT?
- JONES, NEWT is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 05575.
- Is JONES, NEWT still producing?
- JONES, NEWT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JONES, NEWT is August 2026.
- How much has JONES, NEWT produced?
- JONES, NEWT has reported 51,755 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 5 wellbores.
- How much is JONES, NEWT worth?
- The remaining production from JONES, NEWT is estimated to be worth about $513K in total as of 27 August 2026, within a range of $400K to $625K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JONES, NEWT is a fraction of it. The estimate fits an Arps decline curve to the production JONES, NEWT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JONES, NEWT is an estimate of value, not an offer and not an appraisal.
- How much income does JONES, NEWT generate in a year?
- JONES, NEWT is forecast to net about $99K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in JONES, NEWT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hughey, W. R., Operating Co. |
|---|---|
| Field | Pearsall (Austin Chalk) |
| County | Frio County, Texas |
| RRC district | 01 |
| Lease number | 05575 |
| Wellbores | 5 |
| Reported production | 51,755 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $513K |
Where JONES, NEWT 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.