ZIPP RANCH "34"
ZIPP RANCH "34" is a Texas gas lease in Crockett County, Railroad Commission district 7C, operated by Union Pacific Resources Company. It has 1 wellbore on file with the Commission. Reported production runs from October 1994 to August 2026, totalling 309,117 thousand cubic feet. 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 $27K, with roughly $4K 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 120 thousand cubic feet a month. Its strongest month on the record we hold was July 2016, at 214 thousand cubic feet. 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 ZIPP RANCH "34"
- Who operates ZIPP RANCH "34"?
- ZIPP RANCH "34" is operated by Union Pacific Resources Company, Railroad Commission of Texas operator number 876645.
- Where is ZIPP RANCH "34"?
- ZIPP RANCH "34" is a Texas gas lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 154351.
- Is ZIPP RANCH "34" still producing?
- ZIPP RANCH "34" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ZIPP RANCH "34" is August 2026.
- How much has ZIPP RANCH "34" produced?
- ZIPP RANCH "34" has reported 309,117 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 1994 and August 2026, from 1 wellbore.
- How much is ZIPP RANCH "34" worth?
- The remaining production from ZIPP RANCH "34" is estimated to be worth about $27K in total as of 26 August 2026, within a range of $21K to $33K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ZIPP RANCH "34" is a fraction of it. The estimate fits an Arps decline curve to the production ZIPP RANCH "34" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ZIPP RANCH "34" is an estimate of value, not an offer and not an appraisal.
- How much income does ZIPP RANCH "34" generate in a year?
- ZIPP RANCH "34" is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ZIPP RANCH "34" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Union Pacific Resources Company |
|---|---|
| Field | Ozona (Canyon Sand) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 154351 |
| Wellbores | 1 |
| Reported production | 309,117 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $27K |
Where ZIPP RANCH "34" 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.