NEWMAN, MAXIE
NEWMAN, MAXIE is a Texas oil lease in Harrison County, Railroad Commission district 06, operated by Newman Corporation. It has 1 wellbore on file with the Commission. Reported production runs from April 2007 to August 2026, totalling 5,730 barrels. The lease is shut in. 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 $47K, with roughly $9K 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 6 barrels a month. Its strongest month on the record we hold was October 2017, at 78 barrels.
Key facts about NEWMAN, MAXIE
- Who operates NEWMAN, MAXIE?
- NEWMAN, MAXIE is operated by Newman Corporation, Railroad Commission of Texas operator number 607030.
- Where is NEWMAN, MAXIE?
- NEWMAN, MAXIE is a Texas oil lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 14654.
- Is NEWMAN, MAXIE still producing?
- NEWMAN, MAXIE is shut in. The most recent month of production reported to the Railroad Commission of Texas for NEWMAN, MAXIE is August 2026.
- How much has NEWMAN, MAXIE produced?
- NEWMAN, MAXIE has reported 5,730 barrels of oil (bbl) to the Railroad Commission of Texas between April 2007 and August 2026, from 1 wellbore.
- How much is NEWMAN, MAXIE worth?
- The remaining production from NEWMAN, MAXIE is estimated to be worth about $47K in total as of 27 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEWMAN, MAXIE is a fraction of it. The estimate fits an Arps decline curve to the production NEWMAN, MAXIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEWMAN, MAXIE is an estimate of value, not an offer and not an appraisal.
- How much income does NEWMAN, MAXIE generate in a year?
- NEWMAN, MAXIE is forecast to net about $9K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEWMAN, MAXIE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Newman Corporation |
|---|---|
| Field | Whelan (Pettit) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 14654 |
| Wellbores | 1 |
| Reported production | 5,730 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $47K |
Where NEWMAN, MAXIE 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.