LOGAN
LOGAN is a Texas oil lease in Schleicher County, Railroad Commission district 7C, operated by Summit Petroleum LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2013 to August 2026, totalling 3,032 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 $33K, with roughly $4K 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 barrels a month. Its strongest month on the record we hold was November 2018, at 125 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 LOGAN
- Who operates LOGAN?
- LOGAN is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is LOGAN?
- LOGAN is a Texas oil lease in Schleicher County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18404.
- Is LOGAN still producing?
- LOGAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOGAN is August 2026.
- How much has LOGAN produced?
- LOGAN has reported 3,032 barrels of oil (bbl) to the Railroad Commission of Texas between September 2013 and August 2026, from 1 wellbore.
- How much is LOGAN worth?
- The remaining production from LOGAN is estimated to be worth about $33K in total as of 26 August 2026, within a range of $0 to $66K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOGAN is a fraction of it. The estimate fits an Arps decline curve to the production LOGAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOGAN is an estimate of value, not an offer and not an appraisal.
- How much income does LOGAN generate in a year?
- LOGAN is forecast to net about $4K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LOGAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Summit Petroleum LLC |
|---|---|
| Field | Ozona, Ne. (Canyon 7520) |
| County | Schleicher County, Texas |
| RRC district | 7C |
| Lease number | 18404 |
| Wellbores | 1 |
| Reported production | 3,032 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $33K |
Where LOGAN 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.