NEW HORIZONS EAST UNIT

NEW HORIZONS EAST UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Xto Energy Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2015 to August 2026, totalling 4,629,966 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 $1.4M, with roughly $215K 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 11,148 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 125,695 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 NEW HORIZONS EAST UNIT

Who operates NEW HORIZONS EAST UNIT?
NEW HORIZONS EAST UNIT is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
Where is NEW HORIZONS EAST UNIT?
NEW HORIZONS EAST UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 278115.
Is NEW HORIZONS EAST UNIT still producing?
NEW HORIZONS EAST UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEW HORIZONS EAST UNIT is August 2026.
How much has NEW HORIZONS EAST UNIT produced?
NEW HORIZONS EAST UNIT has reported 4,629,966 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2015 and August 2026, from 1 wellbore.
How much is NEW HORIZONS EAST UNIT worth?
The remaining production from NEW HORIZONS EAST UNIT is estimated to be worth about $1.4M in total as of 26 August 2026, within a range of $1.2M to $1.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEW HORIZONS EAST UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NEW HORIZONS EAST UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEW HORIZONS EAST UNIT is an estimate of value, not an offer and not an appraisal.
How much income does NEW HORIZONS EAST UNIT generate in a year?
NEW HORIZONS EAST UNIT is forecast to net about $215K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NEW HORIZONS EAST UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

NEW HORIZONS EAST UNIT as filed with the Railroad Commission of Texas
OperatorXto Energy Inc.
FieldCarthage (Haynesville Shale)
CountyPanola County, Texas
RRC district06
Lease number278115
Wellbores1
Reported production4,629,966 mcf
First reported
Last reported
Estimated royalty value$1.4M

Where NEW HORIZONS EAST 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.