TIPTON, IDA E.
TIPTON, IDA E. is a Texas oil lease in Goliad County, Railroad Commission district 02, operated by Ragars Oil & Gas Co. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 95,365 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 $635K, with roughly $122K 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 124 barrels a month, about 62 per wellbore. Its strongest month on the record we hold was January 2023, at 500 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 TIPTON, IDA E.
- Who operates TIPTON, IDA E.?
- TIPTON, IDA E. is operated by Ragars Oil & Gas Co., Railroad Commission of Texas operator number 687920.
- Where is TIPTON, IDA E.?
- TIPTON, IDA E. is a Texas oil lease in Goliad County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 00195.
- Is TIPTON, IDA E. still producing?
- TIPTON, IDA E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TIPTON, IDA E. is August 2026.
- How much has TIPTON, IDA E. produced?
- TIPTON, IDA E. has reported 95,365 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is TIPTON, IDA E. worth?
- The remaining production from TIPTON, IDA E. is estimated to be worth about $635K in total as of 26 August 2026, within a range of $496K to $775K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIPTON, IDA E. is a fraction of it. The estimate fits an Arps decline curve to the production TIPTON, IDA E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TIPTON, IDA E. is an estimate of value, not an offer and not an appraisal.
- How much income does TIPTON, IDA E. generate in a year?
- TIPTON, IDA E. is forecast to net about $122K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TIPTON, IDA E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ragars Oil & Gas Co. |
|---|---|
| Field | Boyce |
| County | Goliad County, Texas |
| RRC district | 02 |
| Lease number | 00195 |
| Wellbores | 2 |
| Reported production | 95,365 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $635K |
Where TIPTON, IDA E. 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.