LILIAN 54
LILIAN 54 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 August 2022 to August 2026, totalling 285,738 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 $3.5M, with roughly $1.6M 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 2,873 barrels a month. Its strongest month on the record we hold was May 2023, at 27,478 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 54
- Who operates LILIAN 54?
- LILIAN 54 is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is LILIAN 54?
- LILIAN 54 is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 21840.
- Is LILIAN 54 still producing?
- LILIAN 54 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LILIAN 54 is August 2026.
- How much has LILIAN 54 produced?
- LILIAN 54 has reported 285,738 barrels of oil (bbl) to the Railroad Commission of Texas between August 2022 and August 2026, from 1 wellbore.
- How much is LILIAN 54 worth?
- The remaining production from LILIAN 54 is estimated to be worth about $3.5M in total as of 26 August 2026, within a range of $2.9M to $4.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LILIAN 54 is a fraction of it. The estimate fits an Arps decline curve to the production LILIAN 54 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LILIAN 54 is an estimate of value, not an offer and not an appraisal.
- How much income does LILIAN 54 generate in a year?
- LILIAN 54 is forecast to net about $1.6M across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LILIAN 54 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 | 21840 |
| Wellbores | 1 |
| Reported production | 285,738 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.5M |
Where LILIAN 54 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.