TIPTON, RALPH UNIT
TIPTON, RALPH UNIT is a Texas oil lease in Jack County, Railroad Commission district 09, operated by Upham Oil & Gas Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 6,534 barrels. The lease is intermittent. 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 $1K, with roughly $179 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 4 barrels a month. Its strongest month on the record we hold was March 2017, at 47 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 TIPTON, RALPH UNIT
- Who operates TIPTON, RALPH UNIT?
- TIPTON, RALPH UNIT is operated by Upham Oil & Gas Company, Railroad Commission of Texas operator number 878925.
- Where is TIPTON, RALPH UNIT?
- TIPTON, RALPH UNIT is a Texas oil lease in Jack County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 27308.
- Is TIPTON, RALPH UNIT still producing?
- TIPTON, RALPH UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for TIPTON, RALPH UNIT is August 2026.
- How much has TIPTON, RALPH UNIT produced?
- TIPTON, RALPH UNIT has reported 6,534 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is TIPTON, RALPH UNIT worth?
- The remaining production from TIPTON, RALPH UNIT is estimated to be worth about $1K in total as of 26 August 2026, within a range of $0 to $2K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIPTON, RALPH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production TIPTON, RALPH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TIPTON, RALPH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does TIPTON, RALPH UNIT generate in a year?
- TIPTON, RALPH UNIT is forecast to net about $179 across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TIPTON, RALPH UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Upham Oil & Gas Company |
|---|---|
| Field | Morris (Consolidated Congl.) |
| County | Jack County, Texas |
| RRC district | 09 |
| Lease number | 27308 |
| Wellbores | 1 |
| Reported production | 6,534 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1K |
Where TIPTON, RALPH UNIT 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.