DOUG 1000
DOUG 1000 is a Texas oil lease in Ochiltree County, Railroad Commission district 10, operated by Holmes Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2010 to August 2026, totalling 59,832 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 $431K, with roughly $75K 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 81 barrels a month. Its strongest month on the record we hold was May 2017, at 303 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 DOUG 1000
- Who operates DOUG 1000?
- DOUG 1000 is operated by Holmes Exploration, LLC, Railroad Commission of Texas operator number 394700.
- Where is DOUG 1000?
- DOUG 1000 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08199.
- Is DOUG 1000 still producing?
- DOUG 1000 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for DOUG 1000 is August 2026.
- How much has DOUG 1000 produced?
- DOUG 1000 has reported 59,832 barrels of oil (bbl) to the Railroad Commission of Texas between October 2010 and August 2026, from 1 wellbore.
- How much is DOUG 1000 worth?
- The remaining production from DOUG 1000 is estimated to be worth about $431K in total as of 27 August 2026, within a range of $237K to $624K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in DOUG 1000 is a fraction of it. The estimate fits an Arps decline curve to the production DOUG 1000 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for DOUG 1000 is an estimate of value, not an offer and not an appraisal.
- How much income does DOUG 1000 generate in a year?
- DOUG 1000 is forecast to net about $75K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in DOUG 1000 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 | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08199 |
| Wellbores | 1 |
| Reported production | 59,832 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $431K |
Where DOUG 1000 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.