NEWMONT UNIT
NEWMONT UNIT is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Snyder Oil Corporation. It has 2 wellbores on file with the Commission. Reported production runs from March 1993 to August 2026, totalling 104,167 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 $456K, with roughly $184K 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 286 barrels a month, about 143 per wellbore. Its strongest month on the record we hold was October 2016, at 818 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 NEWMONT UNIT
- Who operates NEWMONT UNIT?
- NEWMONT UNIT is operated by Snyder Oil Corporation, Railroad Commission of Texas operator number 799886.
- Where is NEWMONT UNIT?
- NEWMONT UNIT is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 33758.
- Is NEWMONT UNIT still producing?
- NEWMONT UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEWMONT UNIT is August 2026.
- How much has NEWMONT UNIT produced?
- NEWMONT UNIT has reported 104,167 barrels of oil (bbl) to the Railroad Commission of Texas between March 1993 and August 2026, from 2 wellbores.
- How much is NEWMONT UNIT worth?
- The remaining production from NEWMONT UNIT is estimated to be worth about $456K in total as of 26 August 2026, within a range of $355K to $556K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEWMONT UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NEWMONT UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEWMONT UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NEWMONT UNIT generate in a year?
- NEWMONT UNIT is forecast to net about $184K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NEWMONT UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Snyder Oil Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 33758 |
| Wellbores | 2 |
| Reported production | 104,167 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $456K |
Where NEWMONT 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.