HOLIWAY UNIT
HOLIWAY UNIT is a Texas oil lease in Madison County, Railroad Commission district 03, operated by Gulf Bend Resources, LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2013 to August 2026, totalling 65,893 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 $707K, with roughly $136K 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 218 barrels a month. Its strongest month on the record we hold was May 2016, at 592 barrels. 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 HOLIWAY UNIT
- Who operates HOLIWAY UNIT?
- HOLIWAY UNIT is operated by Gulf Bend Resources, LLC, Railroad Commission of Texas operator number 337715.
- Where is HOLIWAY UNIT?
- HOLIWAY UNIT is a Texas oil lease in Madison County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 26116.
- Is HOLIWAY UNIT still producing?
- HOLIWAY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOLIWAY UNIT is August 2026.
- How much has HOLIWAY UNIT produced?
- HOLIWAY UNIT has reported 65,893 barrels of oil (bbl) to the Railroad Commission of Texas between February 2013 and August 2026, from 1 wellbore.
- How much is HOLIWAY UNIT worth?
- The remaining production from HOLIWAY UNIT is estimated to be worth about $707K in total as of 27 August 2026, within a range of $551K to $862K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOLIWAY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HOLIWAY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOLIWAY UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HOLIWAY UNIT generate in a year?
- HOLIWAY UNIT is forecast to net about $136K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOLIWAY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gulf Bend Resources, LLC |
|---|---|
| Field | Madisonville, W. (Woodbine -A-) |
| County | Madison County, Texas |
| RRC district | 03 |
| Lease number | 26116 |
| Wellbores | 1 |
| Reported production | 65,893 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $707K |
Where HOLIWAY 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.