JULIE "SA"
JULIE "SA" is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Summit Petroleum LLC. It has 4 wellbores on file with the Commission. Reported production runs from October 2008 to August 2026, totalling 249,235 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 $785K, with roughly $132K 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 135 barrels a month, about 34 per wellbore. Its strongest month on the record we hold was September 2016, at 836 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 JULIE "SA"
- Who operates JULIE "SA"?
- JULIE "SA" is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is JULIE "SA"?
- JULIE "SA" is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 16766.
- Is JULIE "SA" still producing?
- JULIE "SA" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JULIE "SA" is August 2026.
- How much has JULIE "SA" produced?
- JULIE "SA" has reported 249,235 barrels of oil (bbl) to the Railroad Commission of Texas between October 2008 and August 2026, from 4 wellbores.
- How much is JULIE "SA" worth?
- The remaining production from JULIE "SA" is estimated to be worth about $785K in total as of 26 August 2026, within a range of $612K to $958K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JULIE "SA" is a fraction of it. The estimate fits an Arps decline curve to the production JULIE "SA" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JULIE "SA" is an estimate of value, not an offer and not an appraisal.
- How much income does JULIE "SA" generate in a year?
- JULIE "SA" is forecast to net about $132K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JULIE "SA" 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 | 16766 |
| Wellbores | 4 |
| Reported production | 249,235 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $785K |
Where JULIE "SA" 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.