LILIAN 32
LILIAN 32 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 August 2021 to August 2026, totalling 215,155 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 $4.4M, with roughly $1.2M 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 1,341 barrels a month. Its strongest month on the record we hold was May 2022, at 30,722 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 32
- Who operates LILIAN 32?
- LILIAN 32 is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is LILIAN 32?
- LILIAN 32 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21400.
- Is LILIAN 32 still producing?
- LILIAN 32 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LILIAN 32 is August 2026.
- How much has LILIAN 32 produced?
- LILIAN 32 has reported 215,155 barrels of oil (bbl) to the Railroad Commission of Texas between August 2021 and August 2026, from 1 wellbore.
- How much is LILIAN 32 worth?
- The remaining production from LILIAN 32 is estimated to be worth about $4.4M in total as of 26 August 2026, within a range of $3.7M to $5.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LILIAN 32 is a fraction of it. The estimate fits an Arps decline curve to the production LILIAN 32 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LILIAN 32 is an estimate of value, not an offer and not an appraisal.
- How much income does LILIAN 32 generate in a year?
- LILIAN 32 is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LILIAN 32 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 | 21400 |
| Wellbores | 1 |
| Reported production | 215,155 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.4M |
Where LILIAN 32 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.