HOLLEY, M. E.
HOLLEY, M. E. is a Texas oil lease in Wood County, Railroad Commission district 06, operated by Quitman Construction Co., Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 25,531 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 $472K, with roughly $91K 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 103 barrels a month, about 51 per wellbore. Its strongest month on the record we hold was July 2019, at 325 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 HOLLEY, M. E.
- Who operates HOLLEY, M. E.?
- HOLLEY, M. E. is operated by Quitman Construction Co., Inc., Railroad Commission of Texas operator number 685740.
- Where is HOLLEY, M. E.?
- HOLLEY, M. E. is a Texas oil lease in Wood County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 00881.
- Is HOLLEY, M. E. still producing?
- HOLLEY, M. E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HOLLEY, M. E. is August 2026.
- How much has HOLLEY, M. E. produced?
- HOLLEY, M. E. has reported 25,531 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is HOLLEY, M. E. worth?
- The remaining production from HOLLEY, M. E. is estimated to be worth about $472K in total as of 26 August 2026, within a range of $368K to $576K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HOLLEY, M. E. is a fraction of it. The estimate fits an Arps decline curve to the production HOLLEY, M. E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HOLLEY, M. E. is an estimate of value, not an offer and not an appraisal.
- How much income does HOLLEY, M. E. generate in a year?
- HOLLEY, M. E. is forecast to net about $91K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HOLLEY, M. E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Quitman Construction Co., Inc. |
|---|---|
| Field | Manziel (Sub-Clarksville) |
| County | Wood County, Texas |
| RRC district | 06 |
| Lease number | 00881 |
| Wellbores | 2 |
| Reported production | 25,531 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $472K |
Where HOLLEY, M. E. 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.