TIPTON "33"
TIPTON "33" is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Crownquest Operating, LLC. It has 4 wellbores on file with the Commission. Reported production runs from May 2011 to August 2026, totalling 198,936 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 $893K, with roughly $336K 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 386 barrels a month, about 97 per wellbore. Its strongest month on the record we hold was May 2018, at 1,301 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 TIPTON "33"
- Who operates TIPTON "33"?
- TIPTON "33" is operated by Crownquest Operating, LLC, Railroad Commission of Texas operator number 191554.
- Where is TIPTON "33"?
- TIPTON "33" is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41355.
- Is TIPTON "33" still producing?
- TIPTON "33" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TIPTON "33" is August 2026.
- How much has TIPTON "33" produced?
- TIPTON "33" has reported 198,936 barrels of oil (bbl) to the Railroad Commission of Texas between May 2011 and August 2026, from 4 wellbores.
- How much is TIPTON "33" worth?
- The remaining production from TIPTON "33" is estimated to be worth about $893K in total as of 27 August 2026, within a range of $696K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIPTON "33" is a fraction of it. The estimate fits an Arps decline curve to the production TIPTON "33" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TIPTON "33" is an estimate of value, not an offer and not an appraisal.
- How much income does TIPTON "33" generate in a year?
- TIPTON "33" is forecast to net about $336K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TIPTON "33" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Crownquest Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 41355 |
| Wellbores | 4 |
| Reported production | 198,936 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $893K |
Where TIPTON "33" 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.