LOUANN

LOUANN is a Texas oil lease in Schleicher County, Railroad Commission district 7C, operated by Summit Petroleum Llc. It has 3 wellbores on file with the Commission. Reported production runs from March 2014 to August 2026, totalling 29,327 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $6K, with roughly $1K expected over the next twelve months.

OperatorSummit Petroleum Llc
FieldOzona, Ne. (Canyon 7520)
CountySchleicher County, Texas
RRC district7C
Lease number18633
Wellbores3
Reported production29,327 bbl
First reportedMarch 2014
Last reportedAugust 2026
Estimated royalty value$6K

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.