TIPPS, O.R.
TIPPS, O.R. is a Texas oil lease in Roberts County, Railroad Commission district 10, operated by Devon Energy Production Co, L.P. It has 3 wellbores on file with the Commission. Reported production runs from April 2006 to August 2026, totalling 64,458 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 $439K, with roughly $68K 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 56 barrels a month, about 19 per wellbore. Its strongest month on the record we hold was May 2019, at 187 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 TIPPS, O.R.
- Who operates TIPPS, O.R.?
- TIPPS, O.R. is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is TIPPS, O.R.?
- TIPPS, O.R. is a Texas oil lease in Roberts County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 07640.
- Is TIPPS, O.R. still producing?
- TIPPS, O.R. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TIPPS, O.R. is August 2026.
- How much has TIPPS, O.R. produced?
- TIPPS, O.R. has reported 64,458 barrels of oil (bbl) to the Railroad Commission of Texas between April 2006 and August 2026, from 3 wellbores.
- How much is TIPPS, O.R. worth?
- The remaining production from TIPPS, O.R. is estimated to be worth about $439K in total as of 26 August 2026, within a range of $242K to $637K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIPPS, O.R. is a fraction of it. The estimate fits an Arps decline curve to the production TIPPS, O.R. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TIPPS, O.R. is an estimate of value, not an offer and not an appraisal.
- How much income does TIPPS, O.R. generate in a year?
- TIPPS, O.R. is forecast to net about $68K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TIPPS, O.R. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | ST. Clair (Granite Wash) |
| County | Roberts County, Texas |
| RRC district | 10 |
| Lease number | 07640 |
| Wellbores | 3 |
| Reported production | 64,458 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $439K |
Where TIPPS, O.R. 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.