ALETHA 14

ALETHA 14 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 February 2022 to August 2026, totalling 288,321 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 $111K, with roughly $38K expected over the next twelve months.

OperatorSummit Petroleum Llc
FieldSpraberry (Trend Area)
CountyUpton County, Texas
RRC district7C
Lease number21754
Wellbores1
Reported production288,321 bbl
First reportedFebruary 2022
Last reportedAugust 2026
Estimated royalty value$111K

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.