TIFFANI
TIFFANI is a Texas oil lease in Crane County, Railroad Commission district 7C, operated by Summit Petroleum LLC. It has 2 wellbores on file with the Commission. Reported production runs from August 2008 to August 2026, totalling 46,390 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 $405K, with roughly $64K 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 55 barrels a month, about 28 per wellbore. Its strongest month on the record we hold was May 2017, at 230 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 TIFFANI
- Who operates TIFFANI?
- TIFFANI is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is TIFFANI?
- TIFFANI is a Texas oil lease in Crane County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 16727.
- Is TIFFANI still producing?
- TIFFANI is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TIFFANI is August 2026.
- How much has TIFFANI produced?
- TIFFANI has reported 46,390 barrels of oil (bbl) to the Railroad Commission of Texas between August 2008 and August 2026, from 2 wellbores.
- How much is TIFFANI worth?
- The remaining production from TIFFANI is estimated to be worth about $405K in total as of 26 August 2026, within a range of $223K to $588K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIFFANI is a fraction of it. The estimate fits an Arps decline curve to the production TIFFANI has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TIFFANI is an estimate of value, not an offer and not an appraisal.
- How much income does TIFFANI generate in a year?
- TIFFANI is forecast to net about $64K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TIFFANI receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Summit Petroleum LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Crane County, Texas |
| RRC district | 7C |
| Lease number | 16727 |
| Wellbores | 2 |
| Reported production | 46,390 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $405K |
Where TIFFANI 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.