HOLMES, MILLARD
HOLMES, MILLARD is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by Rayden. It has 35 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 73,127 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 $484K, with roughly $93K 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 129 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was April 2021, at 758 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 HOLMES, MILLARD
- Who operates HOLMES, MILLARD?
- HOLMES, MILLARD is operated by Rayden, Railroad Commission of Texas operator number 695567.
- Where is HOLMES, MILLARD?
- HOLMES, MILLARD is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 11334.
- Is HOLMES, MILLARD still producing?
- HOLMES, MILLARD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOLMES, MILLARD is August 2026.
- How much has HOLMES, MILLARD produced?
- HOLMES, MILLARD has reported 73,127 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 35 wellbores.
- How much is HOLMES, MILLARD worth?
- The remaining production from HOLMES, MILLARD is estimated to be worth about $484K in total as of 26 August 2026, within a range of $378K to $591K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOLMES, MILLARD is a fraction of it. The estimate fits an Arps decline curve to the production HOLMES, MILLARD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOLMES, MILLARD is an estimate of value, not an offer and not an appraisal.
- How much income does HOLMES, MILLARD generate in a year?
- HOLMES, MILLARD is forecast to net about $93K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOLMES, MILLARD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rayden |
|---|---|
| Field | Millard (Queen) |
| County | Pecos County, Texas |
| RRC district | 08 |
| Lease number | 11334 |
| Wellbores | 35 |
| Reported production | 73,127 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $484K |
Where HOLMES, MILLARD 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.