SIDNEY 123
SIDNEY 123 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 January 2008 to August 2026, totalling 99,713 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 $212K, with roughly $37K 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 52 barrels a month. Its strongest month on the record we hold was June 2018, at 349 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 SIDNEY 123
- Who operates SIDNEY 123?
- SIDNEY 123 is operated by Holmes Exploration, LLC, Railroad Commission of Texas operator number 394700.
- Where is SIDNEY 123?
- SIDNEY 123 is a Texas oil lease in Ochiltree County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 08028.
- Is SIDNEY 123 still producing?
- SIDNEY 123 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SIDNEY 123 is August 2026.
- How much has SIDNEY 123 produced?
- SIDNEY 123 has reported 99,713 barrels of oil (bbl) to the Railroad Commission of Texas between January 2008 and August 2026, from 1 wellbore.
- How much is SIDNEY 123 worth?
- The remaining production from SIDNEY 123 is estimated to be worth about $212K in total as of 27 August 2026, within a range of $117K to $307K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SIDNEY 123 is a fraction of it. The estimate fits an Arps decline curve to the production SIDNEY 123 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SIDNEY 123 is an estimate of value, not an offer and not an appraisal.
- How much income does SIDNEY 123 generate in a year?
- SIDNEY 123 is forecast to net about $37K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SIDNEY 123 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 | Ochiltree County, Texas |
| RRC district | 10 |
| Lease number | 08028 |
| Wellbores | 1 |
| Reported production | 99,713 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $212K |
Where SIDNEY 123 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.