HORSESHOE
HORSESHOE is a Texas oil lease in Morris County, Railroad Commission district 06, operated by Rose City Resources, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2023 to August 2026, totalling 579,463 barrels. 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 $969K, with roughly $817K 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 7,369 barrels a month. Its strongest month on the record we hold was May 2023, at 32,175 barrels. 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 HORSESHOE
- Who operates HORSESHOE?
- HORSESHOE is operated by Rose City Resources, LLC, Railroad Commission of Texas operator number 727892.
- Where is HORSESHOE?
- HORSESHOE is a Texas oil lease in Morris County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 16085.
- Is HORSESHOE still producing?
- HORSESHOE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HORSESHOE is August 2026.
- How much has HORSESHOE produced?
- HORSESHOE has reported 579,463 barrels of oil (bbl) to the Railroad Commission of Texas between March 2023 and August 2026, from 1 wellbore.
- How much is HORSESHOE worth?
- The remaining production from HORSESHOE is estimated to be worth about $969K in total as of 26 August 2026, within a range of $804K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HORSESHOE is a fraction of it. The estimate fits an Arps decline curve to the production HORSESHOE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HORSESHOE is an estimate of value, not an offer and not an appraisal.
- How much income does HORSESHOE generate in a year?
- HORSESHOE is forecast to net about $817K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HORSESHOE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rose City Resources, LLC |
|---|---|
| Field | Hidden Rock (Cotton Valley Lime) |
| County | Morris County, Texas |
| RRC district | 06 |
| Lease number | 16085 |
| Wellbores | 1 |
| Reported production | 579,463 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $969K |
Where HORSESHOE 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.