SUSAN

SUSAN is a Texas oil lease in Upton County, Railroad Commission district 7C, operated by Henry Petroleum LP. It has 3 wellbores on file with the Commission. Reported production runs from December 2005 to August 2026, totalling 104,242 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 $202K, with roughly $37K 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 45 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was October 2016, at 306 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SUSAN

Who operates SUSAN?
SUSAN is operated by Henry Petroleum LP, Railroad Commission of Texas operator number 378642.
Where is SUSAN?
SUSAN is a Texas oil lease in Upton County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 15893.
Is SUSAN still producing?
SUSAN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SUSAN is August 2026.
How much has SUSAN produced?
SUSAN has reported 104,242 barrels of oil (bbl) to the Railroad Commission of Texas between December 2005 and August 2026, from 3 wellbores.
How much is SUSAN worth?
The remaining production from SUSAN is estimated to be worth about $202K in total as of 26 August 2026, within a range of $111K to $293K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SUSAN is a fraction of it. The estimate fits an Arps decline curve to the production SUSAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SUSAN is an estimate of value, not an offer and not an appraisal.
How much income does SUSAN generate in a year?
SUSAN is forecast to net about $37K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SUSAN receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

SUSAN as filed with the Railroad Commission of Texas
OperatorHenry Petroleum LP
FieldSpraberry (Trend Area)
CountyUpton County, Texas
RRC district7C
Lease number15893
Wellbores3
Reported production104,242 bbl
First reported
Last reported
Estimated royalty value$202K

Where SUSAN 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.