HIPP 10
HIPP 10 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Devon SFS Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from December 2000 to August 2026, totalling 48,816 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 $307K, with roughly $57K 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 72 barrels a month. Its strongest month on the record we hold was December 2022, at 160 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 HIPP 10
- Who operates HIPP 10?
- HIPP 10 is operated by Devon SFS Operating, Inc., Railroad Commission of Texas operator number 216738.
- Where is HIPP 10?
- HIPP 10 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 36538.
- Is HIPP 10 still producing?
- HIPP 10 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HIPP 10 is August 2026.
- How much has HIPP 10 produced?
- HIPP 10 has reported 48,816 barrels of oil (bbl) to the Railroad Commission of Texas between December 2000 and August 2026, from 1 wellbore.
- How much is HIPP 10 worth?
- The remaining production from HIPP 10 is estimated to be worth about $307K in total as of 26 August 2026, within a range of $169K to $445K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HIPP 10 is a fraction of it. The estimate fits an Arps decline curve to the production HIPP 10 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HIPP 10 is an estimate of value, not an offer and not an appraisal.
- How much income does HIPP 10 generate in a year?
- HIPP 10 is forecast to net about $57K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HIPP 10 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon SFS Operating, Inc. |
|---|---|
| Field | Signal Peak (Wolfcamp) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 36538 |
| Wellbores | 1 |
| Reported production | 48,816 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $307K |
Where HIPP 10 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.