RPV HILLS B MIPA

RPV HILLS B MIPA is a Texas gas lease in Tarrant County, Railroad Commission district 09, operated by Tep Barnett USA, LLC. It has 1 wellbore on file with the Commission. Reported production runs from January 2022 to August 2026, totalling 3,415,799 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 $5.6M, with roughly $1.0M 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 48,779 thousand cubic feet a month. Its strongest month on the record we hold was August 2022, at 158,594 thousand cubic feet. 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 RPV HILLS B MIPA

Who operates RPV HILLS B MIPA?
RPV HILLS B MIPA is operated by Tep Barnett USA, LLC, Railroad Commission of Texas operator number 842986.
Where is RPV HILLS B MIPA?
RPV HILLS B MIPA is a Texas gas lease in Tarrant County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 292325.
Is RPV HILLS B MIPA still producing?
RPV HILLS B MIPA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RPV HILLS B MIPA is August 2026.
How much has RPV HILLS B MIPA produced?
RPV HILLS B MIPA has reported 3,415,799 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2022 and August 2026, from 1 wellbore.
How much is RPV HILLS B MIPA worth?
The remaining production from RPV HILLS B MIPA is estimated to be worth about $5.6M in total as of 27 August 2026, within a range of $4.6M to $6.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RPV HILLS B MIPA is a fraction of it. The estimate fits an Arps decline curve to the production RPV HILLS B MIPA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RPV HILLS B MIPA is an estimate of value, not an offer and not an appraisal.
How much income does RPV HILLS B MIPA generate in a year?
RPV HILLS B MIPA is forecast to net about $1.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RPV HILLS B MIPA receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

RPV HILLS B MIPA as filed with the Railroad Commission of Texas
OperatorTep Barnett USA, LLC
FieldNewark, East (Barnett Shale)
CountyTarrant County, Texas
RRC district09
Lease number292325
Wellbores1
Reported production3,415,799 mcf
First reported
Last reported
Estimated royalty value$5.6M

Where RPV HILLS B MIPA 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.