HOLMES, PRIESTLY UNIT
HOLMES, PRIESTLY UNIT is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 1,437,182 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 $46K, with roughly $6K 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 259 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 475 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 HOLMES, PRIESTLY UNIT
- Who operates HOLMES, PRIESTLY UNIT?
- HOLMES, PRIESTLY UNIT is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is HOLMES, PRIESTLY UNIT?
- HOLMES, PRIESTLY UNIT is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 142468.
- Is HOLMES, PRIESTLY UNIT still producing?
- HOLMES, PRIESTLY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOLMES, PRIESTLY UNIT is August 2026.
- How much has HOLMES, PRIESTLY UNIT produced?
- HOLMES, PRIESTLY UNIT has reported 1,437,182 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is HOLMES, PRIESTLY UNIT worth?
- The remaining production from HOLMES, PRIESTLY UNIT is estimated to be worth about $46K in total as of 27 August 2026, within a range of $36K to $57K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOLMES, PRIESTLY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HOLMES, PRIESTLY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOLMES, PRIESTLY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HOLMES, PRIESTLY UNIT generate in a year?
- HOLMES, PRIESTLY UNIT is forecast to net about $6K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOLMES, PRIESTLY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 142468 |
| Wellbores | 1 |
| Reported production | 1,437,182 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $46K |
Where HOLMES, PRIESTLY 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.