SUMMIT 105
SUMMIT 105 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Nadel And Gussman Permian,L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from April 2013 to August 2026, totalling 8,659 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 $210K, with roughly $31K 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 16 barrels a month. Its strongest month on the record we hold was June 2017, at 116 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SUMMIT 105
- Who operates SUMMIT 105?
- SUMMIT 105 is operated by Nadel And Gussman Permian,L.L.C., Railroad Commission of Texas operator number 598940.
- Where is SUMMIT 105?
- SUMMIT 105 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 45461.
- Is SUMMIT 105 still producing?
- SUMMIT 105 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SUMMIT 105 is August 2026.
- How much has SUMMIT 105 produced?
- SUMMIT 105 has reported 8,659 barrels of oil (bbl) to the Railroad Commission of Texas between April 2013 and August 2026, from 1 wellbore.
- How much is SUMMIT 105 worth?
- The remaining production from SUMMIT 105 is estimated to be worth about $210K in total as of 26 August 2026, within a range of $116K to $305K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SUMMIT 105 is a fraction of it. The estimate fits an Arps decline curve to the production SUMMIT 105 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SUMMIT 105 is an estimate of value, not an offer and not an appraisal.
- How much income does SUMMIT 105 generate in a year?
- SUMMIT 105 is forecast to net about $31K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SUMMIT 105 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Nadel And Gussman Permian,L.L.C. |
|---|---|
| Field | Cedar Flats (Miss.) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 45461 |
| Wellbores | 1 |
| Reported production | 8,659 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $210K |
Where SUMMIT 105 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.