TIPPETT-BROOK 32O
TIPPETT-BROOK 32O is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2025 to August 2026, totalling 178,458 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 $92.4M, with roughly $20.5M 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 13,377 barrels a month. Its strongest month on the record we hold was January 2026, at 50,729 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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-BROOK 32O
- Who operates TIPPETT-BROOK 32O?
- TIPPETT-BROOK 32O is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is TIPPETT-BROOK 32O?
- TIPPETT-BROOK 32O is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 23251.
- Is TIPPETT-BROOK 32O still producing?
- TIPPETT-BROOK 32O is intermittent. The most recent month of production reported to the Railroad Commission of Texas for TIPPETT-BROOK 32O is August 2026.
- How much has TIPPETT-BROOK 32O produced?
- TIPPETT-BROOK 32O has reported 178,458 barrels of oil (bbl) to the Railroad Commission of Texas between May 2025 and August 2026, from 1 wellbore.
- How much is TIPPETT-BROOK 32O worth?
- The remaining production from TIPPETT-BROOK 32O is estimated to be worth about $92.4M in total as of 26 August 2026, within a range of $75.7M to $109.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIPPETT-BROOK 32O is a fraction of it. The estimate fits an Arps decline curve to the production TIPPETT-BROOK 32O has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TIPPETT-BROOK 32O is an estimate of value, not an offer and not an appraisal.
- How much income does TIPPETT-BROOK 32O generate in a year?
- TIPPETT-BROOK 32O is forecast to net about $20.5M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TIPPETT-BROOK 32O receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 23251 |
| Wellbores | 1 |
| Reported production | 178,458 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $92.4M |
Where TIPPETT-BROOK 32O 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.