NEUMAN
NEUMAN is a Texas oil lease in Waller County, Railroad Commission district 03, operated by Escondido Petroleum Company, Inc. It has 5 wellbores on file with the Commission. Reported production runs from May 2002 to August 2026, totalling 65,651 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 $96K, with roughly $18K 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 23 barrels a month, about 5 per wellbore. Its strongest month on the record we hold was August 2019, at 108 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 NEUMAN
- Who operates NEUMAN?
- NEUMAN is operated by Escondido Petroleum Company, Inc, Railroad Commission of Texas operator number 254244.
- Where is NEUMAN?
- NEUMAN is a Texas oil lease in Waller County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24181.
- Is NEUMAN still producing?
- NEUMAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEUMAN is August 2026.
- How much has NEUMAN produced?
- NEUMAN has reported 65,651 barrels of oil (bbl) to the Railroad Commission of Texas between May 2002 and August 2026, from 5 wellbores.
- How much is NEUMAN worth?
- The remaining production from NEUMAN is estimated to be worth about $96K in total as of 26 August 2026, within a range of $53K to $139K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEUMAN is a fraction of it. The estimate fits an Arps decline curve to the production NEUMAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEUMAN is an estimate of value, not an offer and not an appraisal.
- How much income does NEUMAN generate in a year?
- NEUMAN is forecast to net about $18K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NEUMAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Escondido Petroleum Company, Inc |
|---|---|
| Field | Brookshire |
| County | Waller County, Texas |
| RRC district | 03 |
| Lease number | 24181 |
| Wellbores | 5 |
| Reported production | 65,651 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $96K |
Where NEUMAN 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.