HIPKE REAST
HIPKE REAST is a Texas oil lease in Grayson County, Railroad Commission district 09, operated by Felderhoff Production Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1996 to August 2026, totalling 157,838 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 $803K, with roughly $154K 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 219 barrels a month, about 110 per wellbore. Its strongest month on the record we hold was July 2020, at 432 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 HIPKE REAST
- Who operates HIPKE REAST?
- HIPKE REAST is operated by Felderhoff Production Company, Railroad Commission of Texas operator number 265140.
- Where is HIPKE REAST?
- HIPKE REAST is a Texas oil lease in Grayson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 29063.
- Is HIPKE REAST still producing?
- HIPKE REAST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HIPKE REAST is August 2026.
- How much has HIPKE REAST produced?
- HIPKE REAST has reported 157,838 barrels of oil (bbl) to the Railroad Commission of Texas between January 1996 and August 2026, from 2 wellbores.
- How much is HIPKE REAST worth?
- The remaining production from HIPKE REAST is estimated to be worth about $803K in total as of 26 August 2026, within a range of $626K to $979K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HIPKE REAST is a fraction of it. The estimate fits an Arps decline curve to the production HIPKE REAST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HIPKE REAST is an estimate of value, not an offer and not an appraisal.
- How much income does HIPKE REAST generate in a year?
- HIPKE REAST is forecast to net about $154K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HIPKE REAST receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Felderhoff Production Company |
|---|---|
| Field | Sandusky, West (Penn.) |
| County | Grayson County, Texas |
| RRC district | 09 |
| Lease number | 29063 |
| Wellbores | 2 |
| Reported production | 157,838 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $803K |
Where HIPKE REAST 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.