ADELY 10
ADELY 10 is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Summit Petroleum LLC. It has 1 wellbore on file with the Commission. Reported production runs from September 2019 to August 2026, totalling 211,969 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 $463K, with roughly $257K 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 446 barrels a month. Its strongest month on the record we hold was May 2021, at 29,446 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 ADELY 10
- Who operates ADELY 10?
- ADELY 10 is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is ADELY 10?
- ADELY 10 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21021.
- Is ADELY 10 still producing?
- ADELY 10 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ADELY 10 is August 2026.
- How much has ADELY 10 produced?
- ADELY 10 has reported 211,969 barrels of oil (bbl) to the Railroad Commission of Texas between September 2019 and August 2026, from 1 wellbore.
- How much is ADELY 10 worth?
- The remaining production from ADELY 10 is estimated to be worth about $463K in total as of 26 August 2026, within a range of $361K to $564K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ADELY 10 is a fraction of it. The estimate fits an Arps decline curve to the production ADELY 10 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ADELY 10 is an estimate of value, not an offer and not an appraisal.
- How much income does ADELY 10 generate in a year?
- ADELY 10 is forecast to net about $257K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ADELY 10 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 | Upton County, Texas |
| RRC district | 7C |
| Lease number | 21021 |
| Wellbores | 1 |
| Reported production | 211,969 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $463K |
Where ADELY 10 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.