Penny

Oil & Gas Property in Upton County, TX

Property Summary

Key data points for Penny

CountyUpton County, TX
OperatorSUMMIT PETROLEUM LLC
Production DatesMar 2014 - Oct 2024
Total Oil Production158,844 BBLs
Total Gas Production869,142 MCF
Recent Oil Production292 BBLs in Sep 2024
Recent Gas Production3,994 MCF in Sep 2024
Wells on Property4

Our Valuation Estimates for Penny

ShaleAssessment

$29,204 *

MarketMultiple

$51,033 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Penny Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Penny
from Mar 2014 to Oct 2024

Wells on Penny

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-461-39153PENNY 1110SUMMIT PETROLEUM LLCProducingUpton County, TX31.438328-102.143123
42-461-39154PENNY 1102SUMMIT PETROLEUM LLCProducingUpton County, TX31.437043-102.148383
42-461-39184PENNY 1106SUMMIT PETROLEUM LLCProducingUpton County, TX31.433815-102.141632
42-461-39185PENNY 1114SUMMIT PETROLEUM LLCPlugged Oil WellUpton County, TX31.432694-102.147327

Leases included in Penny

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
7C-18479PENNYSUMMIT PETROLEUM LLCUpton County, TX

Nearby Properties

These are the closest 20 properties to the Penny property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Adison-NealUpton County, TX8,833 BBLs85,861 MCFOct 2024
CarsonUpton County, TX95 BBLs0 MCFOct 2024
ClarissaUpton County, TX3,266 BBLs56,951 MCFOct 2024
ClydeanUpton County, TX1,416 BBLs56,087 MCFOct 2024
CristaUpton County, TX1,049 BBLs6,595 MCFOct 2024
DawnUpton County, TX304 BBLs3,356 MCFOct 2024
EmilyUpton County, TX1,304 BBLs9,869 MCFOct 2024
Emma LouUpton County, TX4,997 BBLs61,318 MCFOct 2024
Jade 101Upton County, TX42 BBLs1,690 MCFOct 2024
Keizha-NealUpton County, TX8,578 BBLs78,243 MCFOct 2024
MC Elroy RanchUpton County, TX614 BBLs11,312 MCFOct 2024
MoloneyUpton County, TX14 BBLs481 MCFOct 2024
MoniqueUpton County, TX470 BBLs4,244 MCFOct 2024
Peridot 101Upton County, TX0 BBLs1,311 MCFOct 2024
R S WindhamUpton County, TX149 BBLs4,678 MCFOct 2024
Ross R.LUpton County, TX112 BBLs2,724 MCFOct 2024
Smith 113 SeUpton County, TX162 BBLs1,683 MCFOct 2024
WindhamUpton County, TX1,504 BBLs67,202 MCFOct 2024
Windham R. SUpton County, TX27 BBLs1,529 MCFOct 2024
Zircon 100Upton County, TX0 BBLs465 MCFOct 2024

Owners of Penny

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024SUMMIT PETROLEUM LLCPENNYSUMMIT PETROLEUM LLC
2024WARREN W K & CO LPPENNYSUMMIT PETROLEUM LLC
2024CHEVRON USA INC-RI/ORRIPENNYSUMMIT PETROLEUM LLC
2024YOUNG LEE WARREN REV TRPENNYSUMMIT PETROLEUM LLC
2024WARREN WILLIAM JOHNSTON TR APENNYSUMMIT PETROLEUM LLC

Oil & Gas Sales on Penny

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7C-18479PENNYOct 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYOct 2024ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYSep 2024TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYAug 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYAug 2024ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYAug 2024TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYJul 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYJul 2024ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYJul 2024TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYJun 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYJun 2024ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYJun 2024TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYMay 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYMay 2024ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYMay 2024TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYApr 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYApr 2024ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYApr 2024TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYApr 2024SUMMIT PETROLEUM LLCSUMMIT PETROLEUM LLC
7C-18479PENNYMar 2024TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYMar 2024SUMMIT PETROLEUM LLCSUMMIT PETROLEUM LLC
7C-18479PENNYFeb 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYFeb 2024ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYFeb 2024TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYFeb 2024SUMMIT PETROLEUM LLCSUMMIT PETROLEUM LLC