DALLAS 1032
DALLAS 1032 is a Texas oil lease in Lipscomb County, Railroad Commission district 10, operated by Holmes Exploration, LLC. It has 2 wellbores on file with the Commission. Reported production runs from August 2011 to August 2026, totalling 133,437 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 $784K, with roughly $135K 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 179 barrels a month, about 89 per wellbore. Its strongest month on the record we hold was November 2016, at 560 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 DALLAS 1032
- Who operates DALLAS 1032?
- DALLAS 1032 is operated by Holmes Exploration, LLC, Railroad Commission of Texas operator number 394700.
- Where is DALLAS 1032?
- DALLAS 1032 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08596.
- Is DALLAS 1032 still producing?
- DALLAS 1032 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DALLAS 1032 is August 2026.
- How much has DALLAS 1032 produced?
- DALLAS 1032 has reported 133,437 barrels of oil (bbl) to the Railroad Commission of Texas between August 2011 and August 2026, from 2 wellbores.
- How much is DALLAS 1032 worth?
- The remaining production from DALLAS 1032 is estimated to be worth about $784K in total as of 27 August 2026, within a range of $612K to $957K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DALLAS 1032 is a fraction of it. The estimate fits an Arps decline curve to the production DALLAS 1032 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DALLAS 1032 is an estimate of value, not an offer and not an appraisal.
- How much income does DALLAS 1032 generate in a year?
- DALLAS 1032 is forecast to net about $135K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DALLAS 1032 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Holmes Exploration, LLC |
|---|---|
| Field | Kiowa Creek (Marmaton) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 08596 |
| Wellbores | 2 |
| Reported production | 133,437 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $784K |
Where DALLAS 1032 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.