SIPES, ETAL
SIPES, ETAL is a Texas oil lease in Wise County, Railroad Commission district 09, operated by K-B Oil Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 2,761 barrels. The lease is intermittent. 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 $13K, with roughly $2K 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 1 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was August 2017, at 5 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 SIPES, ETAL
- Who operates SIPES, ETAL?
- SIPES, ETAL is operated by K-B Oil Company, Railroad Commission of Texas operator number 448400.
- Where is SIPES, ETAL?
- SIPES, ETAL is a Texas oil lease in Wise County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 08527.
- Is SIPES, ETAL still producing?
- SIPES, ETAL is intermittent. The most recent month of production reported to the Railroad Commission of Texas for SIPES, ETAL is August 2026.
- How much has SIPES, ETAL produced?
- SIPES, ETAL has reported 2,761 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is SIPES, ETAL worth?
- The remaining production from SIPES, ETAL is estimated to be worth about $13K in total as of 26 August 2026, within a range of $0 to $26K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SIPES, ETAL is a fraction of it. The estimate fits an Arps decline curve to the production SIPES, ETAL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SIPES, ETAL is an estimate of value, not an offer and not an appraisal.
- How much income does SIPES, ETAL generate in a year?
- SIPES, ETAL is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SIPES, ETAL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | K-B Oil Company |
|---|---|
| Field | Chico, West (Caddo Congl. Upper) |
| County | Wise County, Texas |
| RRC district | 09 |
| Lease number | 08527 |
| Wellbores | 2 |
| Reported production | 2,761 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $13K |
Where SIPES, ETAL 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.