TIBBETS
TIBBETS is a Texas gas lease in Gray County, Railroad Commission district 10, operated by Cimarex Energy Co. Of Colorado. It has 1 wellbore on file with the Commission. Reported production runs from November 2006 to August 2026, totalling 136,233 thousand cubic feet. 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 $42K, with roughly $7K 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 321 thousand cubic feet a month. Its strongest month on the record we hold was June 2021, at 627 thousand cubic feet. 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 TIBBETS
- Who operates TIBBETS?
- TIBBETS is operated by Cimarex Energy Co. Of Colorado, Railroad Commission of Texas operator number 153429.
- Where is TIBBETS?
- TIBBETS is a Texas gas lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 225517.
- Is TIBBETS still producing?
- TIBBETS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TIBBETS is August 2026.
- How much has TIBBETS produced?
- TIBBETS has reported 136,233 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2006 and August 2026, from 1 wellbore.
- How much is TIBBETS worth?
- The remaining production from TIBBETS is estimated to be worth about $42K in total as of 26 August 2026, within a range of $33K to $51K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIBBETS is a fraction of it. The estimate fits an Arps decline curve to the production TIBBETS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TIBBETS is an estimate of value, not an offer and not an appraisal.
- How much income does TIBBETS generate in a year?
- TIBBETS is forecast to net about $7K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TIBBETS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cimarex Energy Co. Of Colorado |
|---|---|
| Field | Panhandle, East |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 225517 |
| Wellbores | 1 |
| Reported production | 136,233 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $42K |
Where TIBBETS 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.