TIPPETT 1-37

TIPPETT 1-37 is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Brown, Tom Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 36,174 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 $308K, with roughly $59K 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 73 barrels a month. Its strongest month on the record we hold was November 2025, at 212 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 TIPPETT 1-37

Who operates TIPPETT 1-37?
TIPPETT 1-37 is operated by Brown, Tom Inc., Railroad Commission of Texas operator number 102550.
Where is TIPPETT 1-37?
TIPPETT 1-37 is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 05604.
Is TIPPETT 1-37 still producing?
TIPPETT 1-37 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TIPPETT 1-37 is August 2026.
How much has TIPPETT 1-37 produced?
TIPPETT 1-37 has reported 36,174 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
How much is TIPPETT 1-37 worth?
The remaining production from TIPPETT 1-37 is estimated to be worth about $308K in total as of 27 August 2026, within a range of $170K to $447K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIPPETT 1-37 is a fraction of it. The estimate fits an Arps decline curve to the production TIPPETT 1-37 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TIPPETT 1-37 is an estimate of value, not an offer and not an appraisal.
How much income does TIPPETT 1-37 generate in a year?
TIPPETT 1-37 is forecast to net about $59K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TIPPETT 1-37 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

TIPPETT 1-37 as filed with the Railroad Commission of Texas
OperatorBrown, Tom Inc.
FieldTippett (Leonard, Lower)
CountyCrockett County, Texas
RRC district7C
Lease number05604
Wellbores1
Reported production36,174 bbl
First reported
Last reported
Estimated royalty value$308K

Where TIPPETT 1-37 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.