BERNARD PHILIPP 217
BERNARD PHILIPP 217 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Holmes Exploration, LLC. It has 3 wellbores on file with the Commission. Reported production runs from August 2010 to August 2026, totalling 363,127 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 $1.2M, with roughly $262K 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 281 barrels a month, about 94 per wellbore. Its strongest month on the record we hold was September 2016, at 1,485 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 BERNARD PHILIPP 217
- Who operates BERNARD PHILIPP 217?
- BERNARD PHILIPP 217 is operated by Holmes Exploration, LLC, Railroad Commission of Texas operator number 394700.
- Where is BERNARD PHILIPP 217?
- BERNARD PHILIPP 217 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08196.
- Is BERNARD PHILIPP 217 still producing?
- BERNARD PHILIPP 217 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BERNARD PHILIPP 217 is August 2026.
- How much has BERNARD PHILIPP 217 produced?
- BERNARD PHILIPP 217 has reported 363,127 barrels of oil (bbl) to the Railroad Commission of Texas between August 2010 and August 2026, from 3 wellbores.
- How much is BERNARD PHILIPP 217 worth?
- The remaining production from BERNARD PHILIPP 217 is estimated to be worth about $1.2M in total as of 26 August 2026, within a range of $962K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BERNARD PHILIPP 217 is a fraction of it. The estimate fits an Arps decline curve to the production BERNARD PHILIPP 217 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BERNARD PHILIPP 217 is an estimate of value, not an offer and not an appraisal.
- How much income does BERNARD PHILIPP 217 generate in a year?
- BERNARD PHILIPP 217 is forecast to net about $262K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BERNARD PHILIPP 217 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Holmes Exploration, LLC |
|---|---|
| Field | Pan Petro (Cleveland) |
| County | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08196 |
| Wellbores | 3 |
| Reported production | 363,127 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.2M |
Where BERNARD PHILIPP 217 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.