CLARISSA 2

CLARISSA 2 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 February 2022 to August 2026, totalling 382,693 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 $1.3M, with roughly $776K 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 1,636 barrels a month. Its strongest month on the record we hold was April 2022, at 41,607 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 CLARISSA 2

Who operates CLARISSA 2?
CLARISSA 2 is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
Where is CLARISSA 2?
CLARISSA 2 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21589.
Is CLARISSA 2 still producing?
CLARISSA 2 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CLARISSA 2 is August 2026.
How much has CLARISSA 2 produced?
CLARISSA 2 has reported 382,693 barrels of oil (bbl) to the Railroad Commission of Texas between February 2022 and August 2026, from 1 wellbore.
How much is CLARISSA 2 worth?
The remaining production from CLARISSA 2 is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.0M to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CLARISSA 2 is a fraction of it. The estimate fits an Arps decline curve to the production CLARISSA 2 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CLARISSA 2 is an estimate of value, not an offer and not an appraisal.
How much income does CLARISSA 2 generate in a year?
CLARISSA 2 is forecast to net about $776K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in CLARISSA 2 receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CLARISSA 2 as filed with the Railroad Commission of Texas
OperatorSummit Petroleum LLC
FieldSpraberry (Trend Area)
CountyUpton County, Texas
RRC district7C
Lease number21589
Wellbores1
Reported production382,693 bbl
First reported
Last reported
Estimated royalty value$1.3M

Where CLARISSA 2 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.