HORIZON PROPERTIES
HORIZON PROPERTIES is a Texas gas lease in San Jacinto County, Railroad Commission district 03, operated by SM Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from March 2013 to August 2026, totalling 584,658 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 $636K, with roughly $130K 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 1,202 thousand cubic feet a month. Its strongest month on the record we hold was October 2016, at 10,065 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 HORIZON PROPERTIES
- Who operates HORIZON PROPERTIES?
- HORIZON PROPERTIES is operated by SM Energy Company, Railroad Commission of Texas operator number 788997.
- Where is HORIZON PROPERTIES?
- HORIZON PROPERTIES is a Texas gas lease in San Jacinto County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 273262.
- Is HORIZON PROPERTIES still producing?
- HORIZON PROPERTIES is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HORIZON PROPERTIES is August 2026.
- How much has HORIZON PROPERTIES produced?
- HORIZON PROPERTIES has reported 584,658 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2013 and August 2026, from 1 wellbore.
- How much is HORIZON PROPERTIES worth?
- The remaining production from HORIZON PROPERTIES is estimated to be worth about $636K in total as of 27 August 2026, within a range of $528K to $744K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HORIZON PROPERTIES is a fraction of it. The estimate fits an Arps decline curve to the production HORIZON PROPERTIES has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HORIZON PROPERTIES is an estimate of value, not an offer and not an appraisal.
- How much income does HORIZON PROPERTIES generate in a year?
- HORIZON PROPERTIES is forecast to net about $130K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HORIZON PROPERTIES receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | SM Energy Company |
|---|---|
| Field | Deep Pines West (Woodbine) |
| County | San Jacinto County, Texas |
| RRC district | 03 |
| Lease number | 273262 |
| Wellbores | 1 |
| Reported production | 584,658 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $636K |
Where HORIZON PROPERTIES 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.