JAIMASI 11
JAIMASI 11 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 2023 to August 2026, totalling 98,888 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 $1.1M, with roughly $885K 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 3,276 barrels a month. Its strongest month on the record we hold was January 2025, at 22,381 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 11
- Who operates JAIMASI 11?
- JAIMASI 11 is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is JAIMASI 11?
- JAIMASI 11 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 22352.
- Is JAIMASI 11 still producing?
- JAIMASI 11 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JAIMASI 11 is August 2026.
- How much has JAIMASI 11 produced?
- JAIMASI 11 has reported 98,888 barrels of oil (bbl) to the Railroad Commission of Texas between September 2023 and August 2026, from 1 wellbore.
- How much is JAIMASI 11 worth?
- The remaining production from JAIMASI 11 is estimated to be worth about $1.1M in total as of 26 August 2026, within a range of $937K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JAIMASI 11 is a fraction of it. The estimate fits an Arps decline curve to the production JAIMASI 11 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JAIMASI 11 is an estimate of value, not an offer and not an appraisal.
- How much income does JAIMASI 11 generate in a year?
- JAIMASI 11 is forecast to net about $885K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JAIMASI 11 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 | 22352 |
| Wellbores | 1 |
| Reported production | 98,888 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where JAIMASI 11 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.