TIPPETT -36-
TIPPETT -36- is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Shell Western E&P Inc. It has 2 wellbores on file with the Commission. Reported production runs from February 1996 to August 2026, totalling 33,362 barrels. The lease is intermittent. 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 $159K, with roughly $31K 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 20 barrels a month, about 10 per wellbore. Its strongest month on the record we hold was April 2026, at 127 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 TIPPETT -36-
- Who operates TIPPETT -36-?
- TIPPETT -36- is operated by Shell Western E&P Inc., Railroad Commission of Texas operator number 774720.
- Where is TIPPETT -36-?
- TIPPETT -36- is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 14411.
- Is TIPPETT -36- still producing?
- TIPPETT -36- is intermittent. The most recent month of production reported to the Railroad Commission of Texas for TIPPETT -36- is August 2026.
- How much has TIPPETT -36- produced?
- TIPPETT -36- has reported 33,362 barrels of oil (bbl) to the Railroad Commission of Texas between February 1996 and August 2026, from 2 wellbores.
- How much is TIPPETT -36- worth?
- The remaining production from TIPPETT -36- is estimated to be worth about $159K in total as of 26 August 2026, within a range of $88K to $231K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIPPETT -36- is a fraction of it. The estimate fits an Arps decline curve to the production TIPPETT -36- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TIPPETT -36- is an estimate of value, not an offer and not an appraisal.
- How much income does TIPPETT -36- generate in a year?
- TIPPETT -36- is forecast to net about $31K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TIPPETT -36- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shell Western E&P Inc. |
|---|---|
| Field | Tippett (Clear Fork Lo.) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 14411 |
| Wellbores | 2 |
| Reported production | 33,362 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $159K |
Where TIPPETT -36- 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.