PIPKIN-CARROLL
PIPKIN-CARROLL is a Texas oil lease in Brazoria County, Railroad Commission district 03, operated by Gaither Petroleum Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 3,921 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 $168K, with roughly $32K 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 36 barrels a month. Its strongest month on the record we hold was October 2025, at 48 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 PIPKIN-CARROLL
- Who operates PIPKIN-CARROLL?
- PIPKIN-CARROLL is operated by Gaither Petroleum Corporation, Railroad Commission of Texas operator number 292850.
- Where is PIPKIN-CARROLL?
- PIPKIN-CARROLL is a Texas oil lease in Brazoria County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 13407.
- Is PIPKIN-CARROLL still producing?
- PIPKIN-CARROLL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIPKIN-CARROLL is August 2026.
- How much has PIPKIN-CARROLL produced?
- PIPKIN-CARROLL has reported 3,921 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PIPKIN-CARROLL worth?
- The remaining production from PIPKIN-CARROLL is estimated to be worth about $168K in total as of 27 August 2026, within a range of $92K to $243K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIPKIN-CARROLL is a fraction of it. The estimate fits an Arps decline curve to the production PIPKIN-CARROLL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIPKIN-CARROLL is an estimate of value, not an offer and not an appraisal.
- How much income does PIPKIN-CARROLL generate in a year?
- PIPKIN-CARROLL is forecast to net about $32K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PIPKIN-CARROLL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Gaither Petroleum Corporation |
|---|---|
| Field | West Columbia |
| County | Brazoria County, Texas |
| RRC district | 03 |
| Lease number | 13407 |
| Wellbores | 1 |
| Reported production | 3,921 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $168K |
Where PIPKIN-CARROLL 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.