CONLEE

CONLEE is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by Holley Oil Company, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2010 to August 2026, totalling 105,565 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 $586K, with roughly $161K 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 293 barrels a month. Its strongest month on the record we hold was October 2024, at 1,368 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 CONLEE

Who operates CONLEE?
CONLEE is operated by Holley Oil Company, LLC, Railroad Commission of Texas operator number 393200.
Where is CONLEE?
CONLEE is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 25614.
Is CONLEE still producing?
CONLEE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CONLEE is August 2026.
How much has CONLEE produced?
CONLEE has reported 105,565 barrels of oil (bbl) to the Railroad Commission of Texas between April 2010 and August 2026, from 1 wellbore.
How much is CONLEE worth?
The remaining production from CONLEE is estimated to be worth about $586K in total as of 26 August 2026, within a range of $457K to $715K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CONLEE is a fraction of it. The estimate fits an Arps decline curve to the production CONLEE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CONLEE is an estimate of value, not an offer and not an appraisal.
How much income does CONLEE generate in a year?
CONLEE is forecast to net about $161K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CONLEE receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CONLEE as filed with the Railroad Commission of Texas
OperatorHolley Oil Company, LLC
FieldGiddings (Buda)
CountyBrazos County, Texas
RRC district03
Lease number25614
Wellbores1
Reported production105,565 bbl
First reported
Last reported
Estimated royalty value$586K

Where CONLEE 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.