JAIMASI 10
JAIMASI 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 December 2023 to August 2026, totalling 120,935 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 $3.8M, with roughly $1.4M 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 2,779 barrels a month. Its strongest month on the record we hold was December 2024, at 23,950 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 JAIMASI 10
- Who operates JAIMASI 10?
- JAIMASI 10 is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is JAIMASI 10?
- JAIMASI 10 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22351.
- Is JAIMASI 10 still producing?
- JAIMASI 10 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JAIMASI 10 is August 2026.
- How much has JAIMASI 10 produced?
- JAIMASI 10 has reported 120,935 barrels of oil (bbl) to the Railroad Commission of Texas between December 2023 and August 2026, from 1 wellbore.
- How much is JAIMASI 10 worth?
- The remaining production from JAIMASI 10 is estimated to be worth about $3.8M in total as of 26 August 2026, within a range of $3.2M to $4.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JAIMASI 10 is a fraction of it. The estimate fits an Arps decline curve to the production JAIMASI 10 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JAIMASI 10 is an estimate of value, not an offer and not an appraisal.
- How much income does JAIMASI 10 generate in a year?
- JAIMASI 10 is forecast to net about $1.4M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JAIMASI 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 | 22351 |
| Wellbores | 1 |
| Reported production | 120,935 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.8M |
Where JAIMASI 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.