Wellbore pressure gradient in gas wells is significant in designing deliquification technologies and optimizing production. At present, no model has yet to be established specifically for gas wells at a wide gas flowrate range. When calculating pressure gradient in a specific gas field, engineers must evaluate these widely used models and get the best performance model at a certain range. To establish a more comprehensive model in horizontal gas wells, an experimental study was conducted to investigate the flow behavior of liquid-gas two-phase flow at different gas and liquid velocities and inclined angles in a 50 mm visual pipe. The evaluation of these widely used models against the experimental data shows that no model can predict liquid holdup at different gas velocity ranges, and huge deviations due to several reasons can be observed. After conducting a comprehensive analysis, a new liquid holdup correlation was proposed based on the Mukherjee–Brill model by correlating from the experimental results, which have parametric ranges closer to the production of gas wells. This new model adopts a new dimensionless gas velocity number to characterize flow similarities and better scale up pressure from the experiment to the gas wells. By validating against experimental data and field data, the results indicate that the new two-phase flow model has stable performance and can accurately predict pressure gradients at different ranges of pressure and gas/liquid velocities.