TIPPETT
TIPPETT is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Zachry Oil And Gas Properties. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 10,364 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 $114K, with roughly $22K 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 31 barrels a month. Its strongest month on the record we hold was December 2025, at 90 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
- Who operates TIPPETT?
- TIPPETT is operated by Zachry Oil And Gas Properties, Railroad Commission of Texas operator number 950479.
- Where is TIPPETT?
- TIPPETT is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 05008.
- Is TIPPETT still producing?
- TIPPETT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TIPPETT is August 2026.
- How much has TIPPETT produced?
- TIPPETT has reported 10,364 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is TIPPETT worth?
- The remaining production from TIPPETT is estimated to be worth about $114K in total as of 27 August 2026, within a range of $63K to $165K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIPPETT is a fraction of it. The estimate fits an Arps decline curve to the production TIPPETT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TIPPETT is an estimate of value, not an offer and not an appraisal.
- How much income does TIPPETT generate in a year?
- TIPPETT is forecast to net about $22K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TIPPETT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Zachry Oil And Gas Properties |
|---|---|
| Field | Tippett |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 05008 |
| Wellbores | 1 |
| Reported production | 10,364 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $114K |
Where TIPPETT 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.