HORTON, TOBY GAS UNIT NO. 1
HORTON, TOBY GAS UNIT NO. 1 is a Texas gas lease in Gregg County, Railroad Commission district 06, operated by Geo-Vest Of Texas, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2003 to August 2026, totalling 1,634,104 thousand cubic feet. 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 $46K, 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 287 thousand cubic feet a month. Its strongest month on the record we hold was August 2023, at 7,447 thousand cubic feet. 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 HORTON, TOBY GAS UNIT NO. 1
- Who operates HORTON, TOBY GAS UNIT NO. 1?
- HORTON, TOBY GAS UNIT NO. 1 is operated by Geo-Vest Of Texas, Inc., Railroad Commission of Texas operator number 300267.
- Where is HORTON, TOBY GAS UNIT NO. 1?
- HORTON, TOBY GAS UNIT NO. 1 is a Texas gas lease in Gregg County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 199507.
- Is HORTON, TOBY GAS UNIT NO. 1 still producing?
- HORTON, TOBY GAS UNIT NO. 1 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HORTON, TOBY GAS UNIT NO. 1 is August 2026.
- How much has HORTON, TOBY GAS UNIT NO. 1 produced?
- HORTON, TOBY GAS UNIT NO. 1 has reported 1,634,104 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2003 and August 2026, from 1 wellbore.
- How much is HORTON, TOBY GAS UNIT NO. 1 worth?
- The remaining production from HORTON, TOBY GAS UNIT NO. 1 is estimated to be worth about $46K in total as of 26 August 2026, within a range of $36K to $56K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HORTON, TOBY GAS UNIT NO. 1 is a fraction of it. The estimate fits an Arps decline curve to the production HORTON, TOBY GAS UNIT NO. 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HORTON, TOBY GAS UNIT NO. 1 is an estimate of value, not an offer and not an appraisal.
- How much income does HORTON, TOBY GAS UNIT NO. 1 generate in a year?
- HORTON, TOBY GAS UNIT NO. 1 is forecast to net about $9K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HORTON, TOBY GAS UNIT NO. 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Geo-Vest Of Texas, Inc. |
|---|---|
| Field | Danville, East (Cotton Valley) |
| County | Gregg County, Texas |
| RRC district | 06 |
| Lease number | 199507 |
| Wellbores | 1 |
| Reported production | 1,634,104 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $46K |
Where HORTON, TOBY GAS UNIT NO. 1 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.