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Texas oil lease

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TIPPETT -34-

Tippett -34- is an oil lease in Crockett County, Texas, operated by Extex Operating Company in the Tippett (Leonard, Lower) field.

3 wells

1,585bbl oil, last 12 months+743% vs prior year
RRC lease
7C-05743

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Where it sits

This county

Crockett CountyCrockettIrionUptonReaganCrockett County
Crockett County
Oil in Jul 2026
178 bbl
Reporting since
Jan 2020

Checks stopped on this lease?

  • Buyer

    Buyer changed: SCOUT ENERGY MANAGEMENT LLC replaced DAVIS GAS PROCESSING, INC. as the buyer of this lease's gas from oil wells on Dec 1, 2025.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Oil output rose 743% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 743% over the last 12 monthsMonthly oil production and gas for TIPPETT -34-, Aug 2023 to Jul 2026. Oil output rose 743% over the last 12 months. 1,585 bbl in the 12 months through Jul 2026, against 188 bbl in the 12 months before.Last 12 months: 1,585 bblbbl per monthmcf per month001002002004003006004008005001,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 743% over the last 12 monthsMonthly oil production and gas for TIPPETT -34-, Aug 2023 to Jul 2026. Oil output rose 743% over the last 12 months. 1,585 bbl in the 12 months through Jul 2026, against 188 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001002002004003006004008005001,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the 8 months reported

All of the gas went to a processing plant in the 8 months reportedShare of TIPPETT -34- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the 8 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the 8 months reportedShare of TIPPETT -34- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the 8 months reported.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Feb 2021

Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now
Operators of this lease over timeLegacy Reserves Operating LP, Jan 2020 to Jan 2021; Extex Operating Company, Feb 2021 to Jul 20262020202120222023202420252026Changed Feb 2021Legacy Reserves Operating LPJan 2020 to Jan 2021Extex Operating CompanyFeb 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on TIPPETT -34-
API numberWell no.Status
42-105-108431 UActive
42-105-108832Active
42-105-301303Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Echo Canyon Energy Prd Sply, LLCOilGathers100Sep 1, 2026–
Mv Purchasing, LLCOilGathers100Jul 1, 2026Sep 1, 2026
Scout Energy Management LLCCasinghead gasGathers100Dec 1, 2025Jul 1, 2026
Scout Energy Management LLCCasinghead gasBuys100Dec 1, 2025Jul 1, 2026
Plains Marketing, L.p.OilGathers100Mar 1, 2002Jul 1, 2026
Legacy Reserves Operating LPCasinghead gasGathers100Jan 1, 2013Dec 1, 2025
Davis Gas Processing, Inc.Casinghead gasBuys100Jan 1, 2013Dec 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

164.53 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 164.53 and 165 acres. Use the acres from your own division order for the well you are paid on.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Tippett -34-
API numberWell no.Acreson the permit
42-105-108832164.53
42-105-108431165
42-105-108431 U165
42-105-301303–
42-105-301303-C–
42-105-301303 U–

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for TIPPETT -34-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Extex Operating178142000$80.46$2.89
Jun 2026Extex Operating194174000$84.81$3.15
May 2026Extex Operating249252000$102.13$2.94
Apr 2026Extex Operating403368000$100.32$2.77
Mar 2026Extex Operating436475000$91.38$3.04
Feb 2026Extex Operating500000$64.51$3.62
Jan 2026Extex Operating110000$60.04$7.72
Dec 2025Extex Operating1337000$57.97$4.26
Nov 2025Extex Operating120000$60.06$3.79
Oct 2025Extex Operating80000$60.89$3.19
Sep 2025Extex Operating1436000$63.96$2.97
Aug 2025Extex Operating170000$64.86$2.91
Jul 2025Extex Operating1336000$68.39$3.20
Jun 2025Extex Operating180000$68.17$3.02
May 2025Extex Operating1636000$62.17$3.12
Apr 2025Extex Operating170000$63.54$3.42
Mar 2025Extex Operating1437000$68.24$4.12
Feb 2025Extex Operating150000$71.53$4.19
Jan 2025Extex Operating180000$75.74$4.13
Dec 2024Extex Operating1437000$70.12$3.01
Nov 2024Extex Operating180000$69.95$2.12
Oct 2024Extex Operating1537000$71.99$2.20
Sep 2024Extex Operating140000$70.24$2.28
Aug 2024Extex Operating160000$76.68$1.99
Jul 2024Extex Operating1537000$81.80$2.07
Jun 2024Extex Operating140000$79.77$2.54
May 2024Extex Operating1635000$80.02$2.12
Apr 2024Extex Operating140000$85.35$1.60
Mar 2024Extex Operating160110$81.28$1.49
Feb 2024Extex Operating163765650$77.25$1.72
Jan 2024Extex Operating24374784780$74.15$3.18
Dec 2023Extex Operating39355145140$71.90$2.52
Nov 2023Extex Operating38374954950$77.69$2.71
Oct 2023Extex Operating50724264260$85.64$2.98
Sep 2023Extex Operating50375535530$89.43$2.64
Aug 2023Extex Operating51726626620$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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