TIPPETT-BROOK 32K
TIPPETT-BROOK 32K 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 July 2025 to August 2026, totalling 175,500 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 $76.2M, with roughly $16.9M 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 14,790 barrels a month. Its strongest month on the record we hold was March 2026, at 39,360 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 32K
- Who operates TIPPETT-BROOK 32K?
- TIPPETT-BROOK 32K is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is TIPPETT-BROOK 32K?
- TIPPETT-BROOK 32K is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 23320.
- Is TIPPETT-BROOK 32K still producing?
- TIPPETT-BROOK 32K is intermittent. The most recent month of production reported to the Railroad Commission of Texas for TIPPETT-BROOK 32K is August 2026.
- How much has TIPPETT-BROOK 32K produced?
- TIPPETT-BROOK 32K has reported 175,500 barrels of oil (bbl) to the Railroad Commission of Texas between July 2025 and August 2026, from 1 wellbore.
- How much is TIPPETT-BROOK 32K worth?
- The remaining production from TIPPETT-BROOK 32K is estimated to be worth about $76.2M in total as of 26 August 2026, within a range of $62.5M to $89.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIPPETT-BROOK 32K is a fraction of it. The estimate fits an Arps decline curve to the production TIPPETT-BROOK 32K 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 32K is an estimate of value, not an offer and not an appraisal.
- How much income does TIPPETT-BROOK 32K generate in a year?
- TIPPETT-BROOK 32K is forecast to net about $16.9M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TIPPETT-BROOK 32K 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 | 23320 |
| Wellbores | 1 |
| Reported production | 175,500 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $76.2M |
Where TIPPETT-BROOK 32K 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.