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Texas oil lease

Producing

HOLMES 23-4 UNIT

Holmes 23-4 Unit is an oil lease in Terry County, Texas, operated by King Operating Corporation in the Spraberry (Trend Area) field.

1 well

2,365bbl oil, last 12 months+39% vs prior year
RRC lease
08-43871

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Where it sits

This county

Terry CountyTerryHockleyYoakumCochranLynnLubbockTerry County
Terry County
Oil in Jul 2026
256 bbl
Reporting since
Jan 2020

Production by month

Oil output rose 39% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output rose 39% over the last 12 monthsMonthly oil production for HOLMES 23-4 UNIT, Aug 2023 to Jul 2026. Oil output rose 39% over the last 12 months. 2,365 bbl in the 12 months through Jul 2026, against 1,703 bbl in the 12 months before.Last 12 months: 2,365 bblbbl per month0100200300400500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 39% over the last 12 monthsMonthly oil production for HOLMES 23-4 UNIT, Aug 2023 to Jul 2026. Oil output rose 39% over the last 12 months. 2,365 bbl in the 12 months through Jul 2026, against 1,703 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Who has run this lease

The operator changed once, most recently in Jun 2021

Operators of this lease over timeJaffe Energy, LLC, Jan 2020 to May 2021; King Operating Corporation, Jun 2021 to Jul 20262020202120222023202420252026Changed Jun 2021Jaffe Energy, LLCJan 2020 to May 2021King Operating CorporationJun 2021 to now
Operators of this lease over timeJaffe Energy, LLC, Jan 2020 to May 2021; King Operating Corporation, Jun 2021 to Jul 20262020202120222023202420252026Changed Jun 2021Jaffe Energy, LLCJan 2020 to May 2021King Operating CorporationJun 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on HOLMES 23-4 UNIT
API numberWell no.Status
42-445-323401HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Bml, Inc. BOilGathers100Dec 19, 2016

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

401.69 acres on the newest permit

Permits for Holmes 23-4 Unit
API numberWell no.Acreson the permit
42-445-323401H401.69

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for HOLMES 23-4 UNIT
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026King Operating2560$80.46$2.89
Jun 2026King Operating238182$84.81$3.15
May 2026King Operating179179$102.13$2.94
Apr 2026King Operating85174$100.32$2.77
Mar 2026King Operating254519$91.38$3.04
Feb 2026King Operating270$64.51$3.62
Jan 2026King Operating1880$60.04$7.72
Dec 2025King Operating970$57.97$4.26
Nov 2025King Operating359168$60.06$3.79
Oct 2025King Operating214168$60.89$3.19
Sep 2025King Operating214164$63.96$2.97
Aug 2025King Operating254168$64.86$2.91
Jul 2025King Operating237337$68.39$3.20
Jun 2025King Operating011$68.17$3.02
May 2025King Operating199171$62.17$3.12
Apr 2025King Operating178357$63.54$3.42
Mar 2025King Operating1710$68.24$4.12
Feb 2025King Operating025$71.53$4.19
Jan 2025King Operating1650$75.74$4.13
Dec 2024King Operating047$70.12$3.01
Nov 2024King Operating211177$69.95$2.12
Oct 2024King Operating174199$71.99$2.20
Sep 2024King Operating184380$70.24$2.28
Aug 2024King Operating184168$76.68$1.99
Jul 2024King Operating156136$81.80$2.07
Jun 2024King Operating224188$79.77$2.54
May 2024King Operating28188$80.02$2.12
Apr 2024King Operating229187$85.35$1.60
Mar 2024King Operating497185$81.28$1.49
Feb 2024King Operating129129$77.25$1.72
Jan 2024King Operating143143$74.15$3.18
Dec 2023King Operating137137$71.90$2.52
Nov 2023King Operating138138$77.69$2.71
Oct 2023King Operating00$85.64$2.98
Sep 2023King Operating125125$89.43$2.64
Aug 2023King Operating236236$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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King Operating Corporation in Terry County

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Spraberry (Trend Area) field

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