NEWBERT
NEWBERT is a Texas oil lease in Winkler County, Railroad Commission district 08, operated by Custer & Wright Operating, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 55,088 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 $233K, with roughly $45K 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 65 barrels a month, about 32 per wellbore. Its strongest month on the record we hold was September 2016, at 352 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 NEWBERT
- Who operates NEWBERT?
- NEWBERT is operated by Custer & Wright Operating, Inc., Railroad Commission of Texas operator number 195651.
- Where is NEWBERT?
- NEWBERT is a Texas oil lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 30007.
- Is NEWBERT still producing?
- NEWBERT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEWBERT is August 2026.
- How much has NEWBERT produced?
- NEWBERT has reported 55,088 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is NEWBERT worth?
- The remaining production from NEWBERT is estimated to be worth about $233K in total as of 27 August 2026, within a range of $128K to $337K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEWBERT is a fraction of it. The estimate fits an Arps decline curve to the production NEWBERT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEWBERT is an estimate of value, not an offer and not an appraisal.
- How much income does NEWBERT generate in a year?
- NEWBERT is forecast to net about $45K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEWBERT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Custer & Wright Operating, Inc. |
|---|---|
| Field | Kermit |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 30007 |
| Wellbores | 2 |
| Reported production | 55,088 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $233K |
Where NEWBERT 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.