SHELBY FAYTH
SHELBY FAYTH is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Summit Petroleum Llc. It has 16 wellbores on file with the Commission. Reported production runs from August 2011 to August 2026, totalling 989,668 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 $51K, with roughly $15K expected over the next twelve months.
| Operator | Summit Petroleum Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 41938 |
| Wellbores | 16 |
| Reported production | 989,668 bbl |
| First reported | August 2011 |
| Last reported | August 2026 |
| Estimated royalty value | $51K |
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.