ALETHA 22
ALETHA 22 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 December 2022 to August 2026, totalling 207,780 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 $5.8M, with roughly $1.8M 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 3,368 barrels a month. Its strongest month on the record we hold was January 2024, at 33,891 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 ALETHA 22
- Who operates ALETHA 22?
- ALETHA 22 is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is ALETHA 22?
- ALETHA 22 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22003.
- Is ALETHA 22 still producing?
- ALETHA 22 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ALETHA 22 is August 2026.
- How much has ALETHA 22 produced?
- ALETHA 22 has reported 207,780 barrels of oil (bbl) to the Railroad Commission of Texas between December 2022 and August 2026, from 1 wellbore.
- How much is ALETHA 22 worth?
- The remaining production from ALETHA 22 is estimated to be worth about $5.8M in total as of 26 August 2026, within a range of $4.8M to $6.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ALETHA 22 is a fraction of it. The estimate fits an Arps decline curve to the production ALETHA 22 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ALETHA 22 is an estimate of value, not an offer and not an appraisal.
- How much income does ALETHA 22 generate in a year?
- ALETHA 22 is forecast to net about $1.8M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ALETHA 22 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 | 22003 |
| Wellbores | 1 |
| Reported production | 207,780 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.8M |
Where ALETHA 22 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.