KASSIDY
KASSIDY is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Summit Petroleum LLC. It has 12 wellbores on file with the Commission. Reported production runs from June 2014 to August 2026, totalling 537,473 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 $5.8M, with roughly $1.1M 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 1,049 barrels a month, about 87 per wellbore. Its strongest month on the record we hold was May 2016, at 5,523 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 KASSIDY
- Who operates KASSIDY?
- KASSIDY is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is KASSIDY?
- KASSIDY is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18630.
- Is KASSIDY still producing?
- KASSIDY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for KASSIDY is August 2026.
- How much has KASSIDY produced?
- KASSIDY has reported 537,473 barrels of oil (bbl) to the Railroad Commission of Texas between June 2014 and August 2026, from 12 wellbores.
- How much is KASSIDY worth?
- The remaining production from KASSIDY is estimated to be worth about $5.8M in total as of 26 August 2026, within a range of $4.8M to $6.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in KASSIDY is a fraction of it. The estimate fits an Arps decline curve to the production KASSIDY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for KASSIDY is an estimate of value, not an offer and not an appraisal.
- How much income does KASSIDY generate in a year?
- KASSIDY is forecast to net about $1.1M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in KASSIDY 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 | 18630 |
| Wellbores | 12 |
| Reported production | 537,473 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $5.8M |
Where KASSIDY 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.