HOLMES 23-4 UNIT
HOLMES 23-4 UNIT is a Texas oil lease in Terry County, Railroad Commission district 08, operated by W&T Offshore, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2012 to August 2026, totalling 42,112 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 $577K, with roughly $111K 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 177 barrels a month. Its strongest month on the record we hold was January 2017, at 2,863 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 23-4 UNIT
- Who operates HOLMES 23-4 UNIT?
- HOLMES 23-4 UNIT is operated by W&T Offshore, Inc., Railroad Commission of Texas operator number 887952.
- Where is HOLMES 23-4 UNIT?
- HOLMES 23-4 UNIT is a Texas oil lease in Terry County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43871.
- Is HOLMES 23-4 UNIT still producing?
- HOLMES 23-4 UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOLMES 23-4 UNIT is August 2026.
- How much has HOLMES 23-4 UNIT produced?
- HOLMES 23-4 UNIT has reported 42,112 barrels of oil (bbl) to the Railroad Commission of Texas between December 2012 and August 2026, from 1 wellbore.
- How much is HOLMES 23-4 UNIT worth?
- The remaining production from HOLMES 23-4 UNIT is estimated to be worth about $577K in total as of 26 August 2026, within a range of $450K to $704K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOLMES 23-4 UNIT is a fraction of it. The estimate fits an Arps decline curve to the production HOLMES 23-4 UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOLMES 23-4 UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does HOLMES 23-4 UNIT generate in a year?
- HOLMES 23-4 UNIT is forecast to net about $111K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOLMES 23-4 UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | W&T Offshore, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Terry County, Texas |
| RRC district | 08 |
| Lease number | 43871 |
| Wellbores | 1 |
| Reported production | 42,112 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $577K |
Where HOLMES 23-4 UNIT 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.