ELIZABETH H
ELIZABETH H 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 November 2015 to August 2026, totalling 243,511 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 $716K, with roughly $116K 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 122 barrels a month. Its strongest month on the record we hold was May 2016, at 9,380 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 ELIZABETH H
- Who operates ELIZABETH H?
- ELIZABETH H is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is ELIZABETH H?
- ELIZABETH H is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 19192.
- Is ELIZABETH H still producing?
- ELIZABETH H is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ELIZABETH H is August 2026.
- How much has ELIZABETH H produced?
- ELIZABETH H has reported 243,511 barrels of oil (bbl) to the Railroad Commission of Texas between November 2015 and August 2026, from 1 wellbore.
- How much is ELIZABETH H worth?
- The remaining production from ELIZABETH H is estimated to be worth about $716K in total as of 26 August 2026, within a range of $559K to $874K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ELIZABETH H is a fraction of it. The estimate fits an Arps decline curve to the production ELIZABETH H has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ELIZABETH H is an estimate of value, not an offer and not an appraisal.
- How much income does ELIZABETH H generate in a year?
- ELIZABETH H is forecast to net about $116K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ELIZABETH H 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 | 19192 |
| Wellbores | 1 |
| Reported production | 243,511 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $716K |
Where ELIZABETH H 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.