LILIAN 30
LILIAN 30 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Summit Petroleum LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2021 to August 2026, totalling 235,914 barrels. 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 $909K 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 1,387 barrels a month. Its strongest month on the record we hold was December 2021, at 30,488 barrels. 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 LILIAN 30
- Who operates LILIAN 30?
- LILIAN 30 is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is LILIAN 30?
- LILIAN 30 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21336.
- Is LILIAN 30 still producing?
- LILIAN 30 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LILIAN 30 is August 2026.
- How much has LILIAN 30 produced?
- LILIAN 30 has reported 235,914 barrels of oil (bbl) to the Railroad Commission of Texas between April 2021 and August 2026, from 1 wellbore.
- How much is LILIAN 30 worth?
- The remaining production from LILIAN 30 is estimated to be worth about $3.1M in total as of 26 August 2026, within a range of $2.6M to $3.7M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LILIAN 30 is a fraction of it. The estimate fits an Arps decline curve to the production LILIAN 30 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LILIAN 30 is an estimate of value, not an offer and not an appraisal.
- How much income does LILIAN 30 generate in a year?
- LILIAN 30 is forecast to net about $909K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LILIAN 30 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Summit Petroleum LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Upton County, Texas |
| RRC district | 7C |
| Lease number | 21336 |
| Wellbores | 1 |
| Reported production | 235,914 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.1M |
Where LILIAN 30 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.