NIPPER
NIPPER is a Texas oil lease in Hockley County, Railroad Commission district 8A, operated by Young, Marshall R., Oil Co. It has 1 wellbore on file with the Commission. Reported production runs from May 2004 to August 2026, totalling 136,561 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 $526K, with roughly $101K 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 146 barrels a month. Its strongest month on the record we hold was February 2019, at 889 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 NIPPER
- Who operates NIPPER?
- NIPPER is operated by Young, Marshall R., Oil Co., Railroad Commission of Texas operator number 949290.
- Where is NIPPER?
- NIPPER is a Texas oil lease in Hockley County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 68676.
- Is NIPPER still producing?
- NIPPER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NIPPER is August 2026.
- How much has NIPPER produced?
- NIPPER has reported 136,561 barrels of oil (bbl) to the Railroad Commission of Texas between May 2004 and August 2026, from 1 wellbore.
- How much is NIPPER worth?
- The remaining production from NIPPER is estimated to be worth about $526K in total as of 26 August 2026, within a range of $410K to $641K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NIPPER is a fraction of it. The estimate fits an Arps decline curve to the production NIPPER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NIPPER is an estimate of value, not an offer and not an appraisal.
- How much income does NIPPER generate in a year?
- NIPPER is forecast to net about $101K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in NIPPER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Young, Marshall R., Oil Co. |
|---|---|
| Field | Hamilton (Wolfcamp) |
| County | Hockley County, Texas |
| RRC district | 8A |
| Lease number | 68676 |
| Wellbores | 1 |
| Reported production | 136,561 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $526K |
Where NIPPER 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.