PIPER -B-
PIPER -B- is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Maxus Exploration Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 733,889 thousand cubic feet. 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 $19K, with roughly $2K 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 94 thousand cubic feet a month. Its strongest month on the record we hold was September 2017, at 1,092 thousand cubic feet. 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 PIPER -B-
- Who operates PIPER -B-?
- PIPER -B- is operated by Maxus Exploration Company, Railroad Commission of Texas operator number 534237.
- Where is PIPER -B-?
- PIPER -B- is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 052247.
- Is PIPER -B- still producing?
- PIPER -B- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PIPER -B- is August 2026.
- How much has PIPER -B- produced?
- PIPER -B- has reported 733,889 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is PIPER -B- worth?
- The remaining production from PIPER -B- is estimated to be worth about $19K in total as of 26 August 2026, within a range of $10K to $28K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PIPER -B- is a fraction of it. The estimate fits an Arps decline curve to the production PIPER -B- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PIPER -B- is an estimate of value, not an offer and not an appraisal.
- How much income does PIPER -B- generate in a year?
- PIPER -B- is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PIPER -B- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Maxus Exploration Company |
|---|---|
| Field | Bradford (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 052247 |
| Wellbores | 1 |
| Reported production | 733,889 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $19K |
Where PIPER -B- 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.