HIPPO
HIPPO is a Texas gas lease in Winkler County, Railroad Commission district 08, operated by Impetro Operating LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2017 to August 2026, totalling 1,139,379 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 $3.1M, with roughly $966K 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 7,214 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 54,325 thousand cubic feet. 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 HIPPO
- Who operates HIPPO?
- HIPPO is operated by Impetro Operating LLC, Railroad Commission of Texas operator number 423519.
- Where is HIPPO?
- HIPPO is a Texas gas lease in Winkler County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 284912.
- Is HIPPO still producing?
- HIPPO is currently producing. The most recent month of production reported to the Railroad Commission of Texas for HIPPO is August 2026.
- How much has HIPPO produced?
- HIPPO has reported 1,139,379 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2017 and August 2026, from 1 wellbore.
- How much is HIPPO worth?
- The remaining production from HIPPO is estimated to be worth about $3.1M in total as of 26 August 2026, within a range of $2.6M to $3.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in HIPPO is a fraction of it. The estimate fits an Arps decline curve to the production HIPPO has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for HIPPO is an estimate of value, not an offer and not an appraisal.
- How much income does HIPPO generate in a year?
- HIPPO is forecast to net about $966K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in HIPPO receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Impetro Operating LLC |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Winkler County, Texas |
| RRC district | 08 |
| Lease number | 284912 |
| Wellbores | 1 |
| Reported production | 1,139,379 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.1M |
Where HIPPO 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.