HASTEN
HASTEN is a Texas gas lease in Jack 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 December 2015 to August 2026, totalling 692,988 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 $1.3M, with roughly $235K 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 6,172 thousand cubic feet a month. Its strongest month on the record we hold was August 2021, at 10,459 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 HASTEN
- Who operates HASTEN?
- HASTEN is operated by Newark E&P Operating, LLC, Railroad Commission of Texas operator number 606167.
- Where is HASTEN?
- HASTEN is a Texas gas lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 279053.
- Is HASTEN still producing?
- HASTEN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HASTEN is August 2026.
- How much has HASTEN produced?
- HASTEN has reported 692,988 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between December 2015 and August 2026, from 1 wellbore.
- How much is HASTEN worth?
- The remaining production from HASTEN is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.1M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HASTEN is a fraction of it. The estimate fits an Arps decline curve to the production HASTEN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HASTEN is an estimate of value, not an offer and not an appraisal.
- How much income does HASTEN generate in a year?
- HASTEN is forecast to net about $235K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HASTEN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Newark E&P Operating, LLC |
|---|---|
| Field | KRS (Marble Falls) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 279053 |
| Wellbores | 1 |
| Reported production | 692,988 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where HASTEN 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.