TIPPETT, JUNE 1213 HZ UNIT
TIPPETT, JUNE 1213 HZ UNIT is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Apache Corporation. It has 20 wellbores on file with the Commission. Reported production runs from March 2017 to August 2026, totalling 5,858,759 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 $78.0M, with roughly $15.3M 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 15,241 barrels a month, about 762 per wellbore. Its strongest month on the record we hold was January 2019, at 346,216 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 TIPPETT, JUNE 1213 HZ UNIT
- Who operates TIPPETT, JUNE 1213 HZ UNIT?
- TIPPETT, JUNE 1213 HZ UNIT is operated by Apache Corporation, Railroad Commission of Texas operator number 027200.
- Where is TIPPETT, JUNE 1213 HZ UNIT?
- TIPPETT, JUNE 1213 HZ UNIT is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 49066.
- Is TIPPETT, JUNE 1213 HZ UNIT still producing?
- TIPPETT, JUNE 1213 HZ UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TIPPETT, JUNE 1213 HZ UNIT is August 2026.
- How much has TIPPETT, JUNE 1213 HZ UNIT produced?
- TIPPETT, JUNE 1213 HZ UNIT has reported 5,858,759 barrels of oil (bbl) to the Railroad Commission of Texas between March 2017 and August 2026, from 20 wellbores.
- How much is TIPPETT, JUNE 1213 HZ UNIT worth?
- The remaining production from TIPPETT, JUNE 1213 HZ UNIT is estimated to be worth about $78.0M in total as of 27 August 2026, within a range of $64.0M to $92.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIPPETT, JUNE 1213 HZ UNIT is a fraction of it. The estimate fits an Arps decline curve to the production TIPPETT, JUNE 1213 HZ UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TIPPETT, JUNE 1213 HZ UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does TIPPETT, JUNE 1213 HZ UNIT generate in a year?
- TIPPETT, JUNE 1213 HZ UNIT is forecast to net about $15.3M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TIPPETT, JUNE 1213 HZ UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Apache Corporation |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 49066 |
| Wellbores | 20 |
| Reported production | 5,858,759 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $78.0M |
Where TIPPETT, JUNE 1213 HZ 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.