WASHINGTON MIPA
WASHINGTON MIPA is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Sinclair Oil & Gas Company. It has 5 wellbores on file with the Commission. Reported production runs from March 2021 to August 2026, totalling 1,282,267 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 $21.0M, with roughly $7.6M 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 13,782 barrels a month, about 2,756 per wellbore. Its strongest month on the record we hold was December 2023, at 89,877 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 WASHINGTON MIPA
- Who operates WASHINGTON MIPA?
- WASHINGTON MIPA is operated by Sinclair Oil & Gas Company, Railroad Commission of Texas operator number 784548.
- Where is WASHINGTON MIPA?
- WASHINGTON MIPA is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 55740.
- Is WASHINGTON MIPA still producing?
- WASHINGTON MIPA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WASHINGTON MIPA is August 2026.
- How much has WASHINGTON MIPA produced?
- WASHINGTON MIPA has reported 1,282,267 barrels of oil (bbl) to the Railroad Commission of Texas between March 2021 and August 2026, from 5 wellbores.
- How much is WASHINGTON MIPA worth?
- The remaining production from WASHINGTON MIPA is estimated to be worth about $21.0M in total as of 26 August 2026, within a range of $17.2M to $24.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WASHINGTON MIPA is a fraction of it. The estimate fits an Arps decline curve to the production WASHINGTON MIPA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WASHINGTON MIPA is an estimate of value, not an offer and not an appraisal.
- How much income does WASHINGTON MIPA generate in a year?
- WASHINGTON MIPA is forecast to net about $7.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WASHINGTON MIPA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sinclair Oil & Gas Company |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 55740 |
| Wellbores | 5 |
| Reported production | 1,282,267 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $21.0M |
Where WASHINGTON MIPA 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.