CAFFREY 103
CAFFREY 103 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Holmes Exploration, LLC. It has 3 wellbores on file with the Commission. Reported production runs from October 2007 to August 2026, totalling 156,972 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 $926K, with roughly $150K 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 136 barrels a month, about 45 per wellbore. Its strongest month on the record we hold was July 2016, at 1,038 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 CAFFREY 103
- Who operates CAFFREY 103?
- CAFFREY 103 is operated by Holmes Exploration, LLC, Railroad Commission of Texas operator number 394700.
- Where is CAFFREY 103?
- CAFFREY 103 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07850.
- Is CAFFREY 103 still producing?
- CAFFREY 103 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CAFFREY 103 is August 2026.
- How much has CAFFREY 103 produced?
- CAFFREY 103 has reported 156,972 barrels of oil (bbl) to the Railroad Commission of Texas between October 2007 and August 2026, from 3 wellbores.
- How much is CAFFREY 103 worth?
- The remaining production from CAFFREY 103 is estimated to be worth about $926K in total as of 27 August 2026, within a range of $722K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CAFFREY 103 is a fraction of it. The estimate fits an Arps decline curve to the production CAFFREY 103 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CAFFREY 103 is an estimate of value, not an offer and not an appraisal.
- How much income does CAFFREY 103 generate in a year?
- CAFFREY 103 is forecast to net about $150K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CAFFREY 103 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Holmes Exploration, LLC |
|---|---|
| Field | Kiowa Creek (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 07850 |
| Wellbores | 3 |
| Reported production | 156,972 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $926K |
Where CAFFREY 103 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.