TIPPETT, J. H. -Q-

TIPPETT, J. H. -Q- is a Texas oil lease in Pecos County, Railroad Commission district 08, operated by GRB Properties, Inc. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 9,637 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 $8K, with roughly $2K 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 2 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was July 2018, at 25 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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, J. H. -Q-

Who operates TIPPETT, J. H. -Q-?: TIPPETT, J. H. -Q- is operated by GRB Properties, Inc., Railroad Commission of Texas operator number 328353.
Where is TIPPETT, J. H. -Q-?: TIPPETT, J. H. -Q- is a Texas oil lease in Pecos County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 21423.
Is TIPPETT, J. H. -Q- still producing?: TIPPETT, J. H. -Q- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TIPPETT, J. H. -Q- is August 2026.
How much has TIPPETT, J. H. -Q- produced?: TIPPETT, J. H. -Q- has reported 9,637 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
How much is TIPPETT, J. H. -Q- worth?: The remaining production from TIPPETT, J. H. -Q- is estimated to be worth about $8K in total as of 27 August 2026, within a range of $0 to $16K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIPPETT, J. H. -Q- is a fraction of it. The estimate fits an Arps decline curve to the production TIPPETT, J. H. -Q- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TIPPETT, J. H. -Q- is an estimate of value, not an offer and not an appraisal.
How much income does TIPPETT, J. H. -Q- generate in a year?: TIPPETT, J. H. -Q- is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TIPPETT, J. H. -Q- receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

TIPPETT, J. H. -Q- as filed with the Railroad Commission of Texas
Operator	GRB Properties, Inc.
Field	Toborg
County	Pecos County, Texas
RRC district	08
Lease number	21423
Wellbores	4
Reported production	9,637 bbl
First reported	January 1993
Last reported	August 2026
Estimated royalty value	$8K

Where TIPPETT, J. H. -Q- sits

Source: Railroad Commission of Texas lease production records, complete through August 2026. Figures on this page were computed on 27 August 2026.

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.