Newton

Oil & Gas Property in Milam County, TX

  2. Texas
  3. Milam County, TX
  4. Oil & Gas Properties in Milam County, TX
  5. Newton Oil & Gas Property

Map of Wells Full Screen Map 3-D Map

Property Summary

Key data points for Newton

CountyMilam County, TX
Production DatesJan 1993 - Jan 2025
Total Oil Production22,963 BBLs
Total Gas Production2,448 MCF
Recent Oil Production27 BBLs in Dec 2024
Recent Gas Production0 MCF in Dec 2024
Wells on Property6

Our Valuation Estimates for Newton

ShaleAssessment™

$265 *

MarketMultiple™

$4,487 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Newton Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Newton
from Jan 1993 to Jan 2025

Wells on Newton

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-331-30252NEWTON W. R. 1MICRO OPERATING, INC.ProducingMilam County, TX30.660061-96.807671
42-331-30256NEWTON 1Plugged Oil WellMilam County, TX30.668287-96.805261
42-331-30593NEWTON W. R. 2MICRO OPERATING, INC.ProducingMilam County, TX30.663537-96.807875
42-331-30607NEWTON, W. R. 2B & B DRILLING CO.Permitted LocationMilam County, TX30.669350-96.801105
42-331-30639NEWTON, W.R. 1CADDO OIL COMPANY, INC.Dry HoleMilam County, TX30.666602-96.808729
42-331-30864NEWTON, W. R. 1SHELL OIL COMPANYDry HoleMilam County, TX30.662140-96.766348

Leases included in Newton

Lease #Lease NameOperatorCountyMonthly Oil Prod.
01-05318NEWTONLEAR PETROLEUM CORP.Milam County, TX
01-05402NEWTON, W. R.MICRO OPERATING, INC.Milam County, TX

Operators Associated With Newton

Nearby Properties

These are the closest 20 properties to the Newton property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
BeardMilam County, TX0 BBLs0 MCFSep 2021
Belt W.A. IIIMilam County, TX2 BBLs0 MCFDec 2024
BlackburnMilam County, TX25 BBLs0 MCFDec 2024
Boyd-EanesBurleson County, TX0 BBLs0 MCFMay 2023
CoffieldMilam County, TX53 BBLs0 MCFJan 2025
CoffieldMilam County, TX22 BBLs0 MCFDec 2024
ColdironMilam County, TX80 BBLs0 MCFJan 2025
EastwoodMilam County, TX31 BBLs0 MCFJan 2025
FussellMilam County, TX86 BBLs0 MCFJan 2025
Graham, AMilam County, TX5 BBLs0 MCFDec 2024
Hobbs WMilam County, TX0 BBLs0 MCFJan 2020
Hurt G. R. Et AlMilam County, TX59 BBLs0 MCFJan 2025
JordanMilam County, TX0 BBLs0 MCFMar 2024
KruegerMilam County, TX35 BBLs0 MCFJan 2025
LoveMilam County, TX0 BBLs0 MCFMar 2021
Montague Cattle CoMilam County, TX12 BBLs0 MCFJan 2025
MorganMilam County, TX37 BBLs0 MCFDec 2024
PolzerMilam County, TX0 BBLs0 MCFJun 2024
WoodsMilam County, TX31 BBLs0 MCFJan 2025
YakeschMilam County, TX0 BBLs0 MCFApr 2024

Companies in the Area

These are the closest 20 companies operating near the Newton property.

Company Name
Allied Operating Texas, LLC
Belmar Oil & Gas, Inc.
Bet-Ro, Inc.
CXL Energy LLC
Dash Production Company, Inc.
F & J Petroleum Company
Goldmark Energy Corporation
Heartland Resources, Inc.
Houston Petroleum Company
Micro Operating, Inc.
Plantation Operating Co., Inc.
Rusk Energy Operating LLC
Samson Resources Company
San Dia Producing Company
Seagull Operating Co., Inc.
Sheldon Resources, L.P.
Shoreham Oil & Gas Company, Inc.
Slawson Exploration Company Inc
Tesuque Oil & Gas LLC
Viceroy Petroleum, LP

Owners of Newton

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MICRO OPERATING INCNEWTON W RMICRO OPERATIN
2024MCLANE DRAYTON JRNEWTON W RMICRO OPERATIN
2024WATSON FAMILY TRUSTNEWTON W RMICRO OPERATIN

Oil & Gas Sales on Newton

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
01-05402NEWTON, W. R.Sep 2024TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Jun 2024TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.May 2024TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Mar 2024TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Feb 2024TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Dec 2023TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Oct 2023TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Aug 2023TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Jul 2023TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.May 2023TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Mar 2023TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Oct 2022TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Aug 2022TRUTH RESOURCES, L.P.MICRO OPERATING, INC.
01-05402NEWTON, W. R.Apr 20224J ENERGY, LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Oct 2021ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Jul 2021ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Aug 2020ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Feb 2020ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Oct 2019ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Aug 2019ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Feb 2019ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Jul 2018ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Feb 2018ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Aug 2017ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.
01-05402NEWTON, W. R.Sep 2016ENTERPRISE CRUDE OIL LLCMICRO OPERATING, INC.