LILIAN 53
LILIAN 53 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 2022 to August 2026, totalling 234,828 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 $1.2M 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 2,178 barrels a month. Its strongest month on the record we hold was June 2023, at 22,783 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 LILIAN 53
- Who operates LILIAN 53?
- LILIAN 53 is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is LILIAN 53?
- LILIAN 53 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21797.
- Is LILIAN 53 still producing?
- LILIAN 53 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LILIAN 53 is August 2026.
- How much has LILIAN 53 produced?
- LILIAN 53 has reported 234,828 barrels of oil (bbl) to the Railroad Commission of Texas between September 2022 and August 2026, from 1 wellbore.
- How much is LILIAN 53 worth?
- The remaining production from LILIAN 53 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 LILIAN 53 is a fraction of it. The estimate fits an Arps decline curve to the production LILIAN 53 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LILIAN 53 is an estimate of value, not an offer and not an appraisal.
- How much income does LILIAN 53 generate in a year?
- LILIAN 53 is forecast to net about $1.2M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LILIAN 53 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 | 21797 |
| Wellbores | 1 |
| Reported production | 234,828 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.8M |
Where LILIAN 53 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.