HOLLY Z
HOLLY Z is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Civitas Permian Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2024 to August 2026, totalling 172,296 barrels. The lease is intermittent. 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 $4.6M, with roughly $3.3M 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 9,574 barrels a month. Its strongest month on the record we hold was March 2025, at 20,820 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 HOLLY Z
- Who operates HOLLY Z?
- HOLLY Z is operated by Civitas Permian Operating, LLC, Railroad Commission of Texas operator number 101577.
- Where is HOLLY Z?
- HOLLY Z is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22773.
- Is HOLLY Z still producing?
- HOLLY Z is intermittent. The most recent month of production reported to the Railroad Commission of Texas for HOLLY Z is August 2026.
- How much has HOLLY Z produced?
- HOLLY Z has reported 172,296 barrels of oil (bbl) to the Railroad Commission of Texas between June 2024 and August 2026, from 1 wellbore.
- How much is HOLLY Z worth?
- The remaining production from HOLLY Z is estimated to be worth about $4.6M in total as of 27 August 2026, within a range of $3.8M to $5.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOLLY Z is a fraction of it. The estimate fits an Arps decline curve to the production HOLLY Z has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOLLY Z is an estimate of value, not an offer and not an appraisal.
- How much income does HOLLY Z generate in a year?
- HOLLY Z is forecast to net about $3.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in HOLLY Z receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Civitas Permian Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 22773 |
| Wellbores | 1 |
| Reported production | 172,296 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.6M |
Where HOLLY Z 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.