TIPPS - UNIVERSITY
TIPPS - UNIVERSITY is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Polaris Production Corp. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 20,708 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 $40K, with roughly $8K 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 25 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was November 2024, at 63 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 TIPPS - UNIVERSITY
- Who operates TIPPS - UNIVERSITY?
- TIPPS - UNIVERSITY is operated by Polaris Production Corp., Railroad Commission of Texas operator number 669000.
- Where is TIPPS - UNIVERSITY?
- TIPPS - UNIVERSITY is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 00400.
- Is TIPPS - UNIVERSITY still producing?
- TIPPS - UNIVERSITY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TIPPS - UNIVERSITY is August 2026.
- How much has TIPPS - UNIVERSITY produced?
- TIPPS - UNIVERSITY has reported 20,708 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is TIPPS - UNIVERSITY worth?
- The remaining production from TIPPS - UNIVERSITY is estimated to be worth about $40K in total as of 26 August 2026, within a range of $22K to $59K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIPPS - UNIVERSITY is a fraction of it. The estimate fits an Arps decline curve to the production TIPPS - UNIVERSITY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TIPPS - UNIVERSITY is an estimate of value, not an offer and not an appraisal.
- How much income does TIPPS - UNIVERSITY generate in a year?
- TIPPS - UNIVERSITY is forecast to net about $8K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TIPPS - UNIVERSITY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Polaris Production Corp. |
|---|---|
| Field | Crockett |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 00400 |
| Wellbores | 4 |
| Reported production | 20,708 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $40K |
Where TIPPS - UNIVERSITY 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.