SUMMIT POINT 54-4-31

SUMMIT POINT 54-4-31 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by Anadarko E&P Onshore LLC. It has 1 wellbore on file with the Commission. Reported production runs from May 2017 to August 2026, totalling 1,145,155 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 $57K, with roughly $48K 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 1,677 thousand cubic feet a month. Its strongest month on the record we hold was March 2019, at 60,723 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 SUMMIT POINT 54-4-31

Who operates SUMMIT POINT 54-4-31?
SUMMIT POINT 54-4-31 is operated by Anadarko E&P Onshore LLC, Railroad Commission of Texas operator number 020528.
Where is SUMMIT POINT 54-4-31?
SUMMIT POINT 54-4-31 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 282810.
Is SUMMIT POINT 54-4-31 still producing?
SUMMIT POINT 54-4-31 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SUMMIT POINT 54-4-31 is August 2026.
How much has SUMMIT POINT 54-4-31 produced?
SUMMIT POINT 54-4-31 has reported 1,145,155 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2017 and August 2026, from 1 wellbore.
How much is SUMMIT POINT 54-4-31 worth?
The remaining production from SUMMIT POINT 54-4-31 is estimated to be worth about $57K in total as of 26 August 2026, within a range of $47K to $66K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SUMMIT POINT 54-4-31 is a fraction of it. The estimate fits an Arps decline curve to the production SUMMIT POINT 54-4-31 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SUMMIT POINT 54-4-31 is an estimate of value, not an offer and not an appraisal.
How much income does SUMMIT POINT 54-4-31 generate in a year?
SUMMIT POINT 54-4-31 is forecast to net about $48K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SUMMIT POINT 54-4-31 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SUMMIT POINT 54-4-31 as filed with the Railroad Commission of Texas
OperatorAnadarko E&P Onshore LLC
FieldPhantom (Wolfcamp)
CountyReeves County, Texas
RRC district08
Lease number282810
Wellbores1
Reported production1,145,155 mcf
First reported
Last reported
Estimated royalty value$57K

Where SUMMIT POINT 54-4-31 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.