TIPPETT, JUNE
TIPPETT, JUNE is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Arco Permian. It has 41 wellbores on file with the Commission. Reported production runs from March 1995 to August 2026, totalling 2,265,980 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 $636K, with roughly $453K 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 2,032 barrels a month, about 50 per wellbore. Its strongest month on the record we hold was January 2020, at 7,047 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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
- Who operates TIPPETT, JUNE?
- TIPPETT, JUNE is operated by Arco Permian, Railroad Commission of Texas operator number 029347.
- Where is TIPPETT, JUNE?
- TIPPETT, JUNE is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 34447.
- Is TIPPETT, JUNE still producing?
- TIPPETT, JUNE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TIPPETT, JUNE is August 2026.
- How much has TIPPETT, JUNE produced?
- TIPPETT, JUNE has reported 2,265,980 barrels of oil (bbl) to the Railroad Commission of Texas between March 1995 and August 2026, from 41 wellbores.
- How much is TIPPETT, JUNE worth?
- The remaining production from TIPPETT, JUNE is estimated to be worth about $636K in total as of 27 August 2026, within a range of $528K to $744K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TIPPETT, JUNE is a fraction of it. The estimate fits an Arps decline curve to the production TIPPETT, JUNE 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 is an estimate of value, not an offer and not an appraisal.
- How much income does TIPPETT, JUNE generate in a year?
- TIPPETT, JUNE is forecast to net about $453K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in TIPPETT, JUNE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Arco Permian |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 34447 |
| Wellbores | 41 |
| Reported production | 2,265,980 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $636K |
Where TIPPETT, JUNE 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.