TORREY 279
TORREY 279 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 December 2010 to August 2026, totalling 86,008 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 $854K, with roughly $134K 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 94 barrels a month, about 47 per wellbore. Its strongest month on the record we hold was September 2016, at 549 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 TORREY 279
- Who operates TORREY 279?
- TORREY 279 is operated by Holmes Exploration, LLC, Railroad Commission of Texas operator number 394700.
- Where is TORREY 279?
- TORREY 279 is a Texas oil lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08412.
- Is TORREY 279 still producing?
- TORREY 279 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TORREY 279 is August 2026.
- How much has TORREY 279 produced?
- TORREY 279 has reported 86,008 barrels of oil (bbl) to the Railroad Commission of Texas between December 2010 and August 2026, from 2 wellbores.
- How much is TORREY 279 worth?
- The remaining production from TORREY 279 is estimated to be worth about $854K in total as of 27 August 2026, within a range of $470K to $1.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TORREY 279 is a fraction of it. The estimate fits an Arps decline curve to the production TORREY 279 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TORREY 279 is an estimate of value, not an offer and not an appraisal.
- How much income does TORREY 279 generate in a year?
- TORREY 279 is forecast to net about $134K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TORREY 279 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Holmes Exploration, LLC |
|---|---|
| Field | Lipscomb, S.E. (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 08412 |
| Wellbores | 2 |
| Reported production | 86,008 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $854K |
Where TORREY 279 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.