NEWSOM 121
NEWSOM 121 is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Fasken Oil And Ranch, Ltd. It has 1 wellbore on file with the Commission. Reported production runs from November 1996 to August 2026, totalling 153,634 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 $209K, with roughly $39K 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 51 barrels a month. Its strongest month on the record we hold was October 2019, at 277 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 121
- Who operates NEWSOM 121?
- NEWSOM 121 is operated by Fasken Oil And Ranch, Ltd., Railroad Commission of Texas operator number 263696.
- Where is NEWSOM 121?
- NEWSOM 121 is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 67644.
- Is NEWSOM 121 still producing?
- NEWSOM 121 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEWSOM 121 is August 2026.
- How much has NEWSOM 121 produced?
- NEWSOM 121 has reported 153,634 barrels of oil (bbl) to the Railroad Commission of Texas between November 1996 and August 2026, from 1 wellbore.
- How much is NEWSOM 121 worth?
- The remaining production from NEWSOM 121 is estimated to be worth about $209K in total as of 27 August 2026, within a range of $115K to $303K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEWSOM 121 is a fraction of it. The estimate fits an Arps decline curve to the production NEWSOM 121 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEWSOM 121 is an estimate of value, not an offer and not an appraisal.
- How much income does NEWSOM 121 generate in a year?
- NEWSOM 121 is forecast to net about $39K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEWSOM 121 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Fasken Oil And Ranch, Ltd. |
|---|---|
| Field | Julie (San Andres) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 67644 |
| Wellbores | 1 |
| Reported production | 153,634 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $209K |
Where NEWSOM 121 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.