LUNDEN
LUNDEN 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 May 2013 to August 2026, totalling 176,315 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 $615K, with roughly $114K 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 139 barrels a month, about 35 per wellbore. Its strongest month on the record we hold was March 2017, at 2,221 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 LUNDEN
- Who operates LUNDEN?
- LUNDEN is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is LUNDEN?
- LUNDEN is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18298.
- Is LUNDEN still producing?
- LUNDEN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LUNDEN is August 2026.
- How much has LUNDEN produced?
- LUNDEN has reported 176,315 barrels of oil (bbl) to the Railroad Commission of Texas between May 2013 and August 2026, from 4 wellbores.
- How much is LUNDEN worth?
- The remaining production from LUNDEN is estimated to be worth about $615K in total as of 26 August 2026, within a range of $480K to $750K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LUNDEN is a fraction of it. The estimate fits an Arps decline curve to the production LUNDEN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LUNDEN is an estimate of value, not an offer and not an appraisal.
- How much income does LUNDEN generate in a year?
- LUNDEN is forecast to net about $114K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in LUNDEN 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 | 18298 |
| Wellbores | 4 |
| Reported production | 176,315 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $615K |
Where LUNDEN 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.