BEATRIZ
BEATRIZ is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Summit Petroleum LLC. It has 2 wellbores on file with the Commission. Reported production runs from June 2011 to August 2026, totalling 90,427 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 $941K, with roughly $175K 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 279 barrels a month, about 139 per wellbore. Its strongest month on the record we hold was August 2022, at 1,593 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 BEATRIZ
- Who operates BEATRIZ?
- BEATRIZ is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is BEATRIZ?
- BEATRIZ is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 41638.
- Is BEATRIZ still producing?
- BEATRIZ is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEATRIZ is August 2026.
- How much has BEATRIZ produced?
- BEATRIZ has reported 90,427 barrels of oil (bbl) to the Railroad Commission of Texas between June 2011 and August 2026, from 2 wellbores.
- How much is BEATRIZ worth?
- The remaining production from BEATRIZ is estimated to be worth about $941K in total as of 26 August 2026, within a range of $734K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEATRIZ is a fraction of it. The estimate fits an Arps decline curve to the production BEATRIZ has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEATRIZ is an estimate of value, not an offer and not an appraisal.
- How much income does BEATRIZ generate in a year?
- BEATRIZ is forecast to net about $175K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BEATRIZ 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 | Midland County, Texas |
| RRC district | 08 |
| Lease number | 41638 |
| Wellbores | 2 |
| Reported production | 90,427 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $941K |
Where BEATRIZ 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.