LOUANN
LOUANN is a Texas oil lease in Schleicher County, Railroad Commission district 7C, operated by Summit Petroleum LLC. It has 3 wellbores on file with the Commission. Reported production runs from March 2014 to August 2026, totalling 29,327 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 $251K, with roughly $44K 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 50 barrels a month, about 17 per wellbore. Its strongest month on the record we hold was July 2016, at 1,093 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 LOUANN
- Who operates LOUANN?
- LOUANN is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is LOUANN?
- LOUANN is a Texas oil lease in Schleicher County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18633.
- Is LOUANN still producing?
- LOUANN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LOUANN is August 2026.
- How much has LOUANN produced?
- LOUANN has reported 29,327 barrels of oil (bbl) to the Railroad Commission of Texas between March 2014 and August 2026, from 3 wellbores.
- How much is LOUANN worth?
- The remaining production from LOUANN is estimated to be worth about $251K in total as of 27 August 2026, within a range of $138K to $364K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LOUANN is a fraction of it. The estimate fits an Arps decline curve to the production LOUANN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LOUANN is an estimate of value, not an offer and not an appraisal.
- How much income does LOUANN generate in a year?
- LOUANN is forecast to net about $44K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LOUANN 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 | 18633 |
| Wellbores | 3 |
| Reported production | 29,327 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $251K |
Where LOUANN 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.