QUARTER HORSE
QUARTER HORSE is a Texas gas lease in Dallas County, Railroad Commission district 09, operated by Newark E&P Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2013 to August 2026, totalling 3,585,213 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 $2.6M, with roughly $401K 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 17,543 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 41,390 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 QUARTER HORSE
- Who operates QUARTER HORSE?
- QUARTER HORSE is operated by Newark E&P Operating, LLC, Railroad Commission of Texas operator number 606167.
- Where is QUARTER HORSE?
- QUARTER HORSE is a Texas gas lease in Dallas County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 273468.
- Is QUARTER HORSE still producing?
- QUARTER HORSE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for QUARTER HORSE is August 2026.
- How much has QUARTER HORSE produced?
- QUARTER HORSE has reported 3,585,213 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2013 and August 2026, from 1 wellbore.
- How much is QUARTER HORSE worth?
- The remaining production from QUARTER HORSE is estimated to be worth about $2.6M in total as of 28 August 2026, within a range of $2.2M to $3.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in QUARTER HORSE is a fraction of it. The estimate fits an Arps decline curve to the production QUARTER HORSE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for QUARTER HORSE is an estimate of value, not an offer and not an appraisal.
- How much income does QUARTER HORSE generate in a year?
- QUARTER HORSE is forecast to net about $401K across the whole undivided lease over the twelve months following 28 August 2026, before income tax. A royalty owner in QUARTER HORSE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Newark E&P Operating, LLC |
|---|---|
| Field | Newark, East (Barnett Shale) |
| County | Dallas County, Texas |
| RRC district | 09 |
| Lease number | 273468 |
| Wellbores | 1 |
| Reported production | 3,585,213 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.6M |
Where QUARTER HORSE 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.