Racheal

Oil & Gas Property in Upton County, TX

Property Summary

Key data points for Racheal

CountyUpton County, TX
OperatorSUMMIT PETROLEUM LLC
Production DatesSep 2020 - Aug 2024
Total Oil Production2,691,859 BBLs
Total Gas Production6,637,298 MCF
Recent Oil Production40,045 BBLs in Jul 2024
Recent Gas Production220,324 MCF in Jul 2024
Wells on Property12

Our Valuation Estimates for Racheal

ShaleAssessment

Not Available

MarketMultiple

$7,122,356 **

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

Based on a decimal interest

Racheal Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Racheal
from Sep 2020 to Aug 2024

Wells on Racheal

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-461-41248RACHEAL 1 02WCSUMMIT PETROLEUM LLCProducingUpton County, TX31.394052-101.961675
42-461-41249RACHEAL 2 04WBSUMMIT PETROLEUM LLCProducingUpton County, TX31.394067-101.961502
42-461-41250RACHEAL 3 06WASUMMIT PETROLEUM LLCProducingUpton County, TX31.394071-101.961598
42-461-41252RACHEAL 4 08WCSUMMIT PETROLEUM LLCProducingUpton County, TX31.393996-101.961907
42-461-41253RACHEAL 5 10WBSUMMIT PETROLEUM LLCProducingUpton County, TX31.394032-101.961753
42-461-41254RACHEAL 6 12WASUMMIT PETROLEUM LLCProducingUpton County, TX31.393992-101.961811
42-461-41307RACHEAL 7 14WCSUMMIT PETROLEUM LLCProducingUpton County, TX31.392904-101.966359
42-461-41310RACHEAL 8 16WBSUMMIT PETROLEUM LLCProducingUpton County, TX31.392919-101.966186
42-461-41312RACHEAL 9 18WASUMMIT PETROLEUM LLCProducingUpton County, TX31.392900-101.966263
42-461-42192RACHEAL 45 90MSSUMMIT PETROLEUM LLCProducingUpton County, TX31.392692-101.967108
42-461-42193RACHEAL 46 92JMSUMMIT PETROLEUM LLCProducingUpton County, TX31.392674-101.967186
42-461-42194RACHEAL 47 94MSSUMMIT PETROLEUM LLCProducingUpton County, TX31.392655-101.967263

Leases included in Racheal

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
7C-20906RACHEAL 3SUMMIT PETROLEUM LLCUpton County, TX
7C-20907RACHEAL 5SUMMIT PETROLEUM LLCUpton County, TX
7C-20963RACHEAL 6SUMMIT PETROLEUM LLCUpton County, TX
7C-21009RACHEAL 1SUMMIT PETROLEUM LLCUpton County, TX
7C-21015RACHEAL 4SUMMIT PETROLEUM LLCUpton County, TX
7C-21049RACHEAL 2SUMMIT PETROLEUM LLCUpton County, TX
7C-21082RACHEAL 8SUMMIT PETROLEUM LLCUpton County, TX
7C-21086RACHEAL 9SUMMIT PETROLEUM LLCUpton County, TX
7C-21093RACHEAL 7SUMMIT PETROLEUM LLCUpton County, TX
7C-22089RACHEAL 45SUMMIT PETROLEUM LLCUpton County, TX
7C-22091RACHEAL 46SUMMIT PETROLEUM LLCUpton County, TX
7C-22092RACHEAL 47SUMMIT PETROLEUM LLCUpton County, TX

Nearby Properties

These are the closest 20 properties to the Racheal property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AbbyUpton County, TX341 BBLs610 MCFAug 2024
AdelyUpton County, TX44,257 BBLs223,069 MCFAug 2024
FlorenceUpton County, TX785 BBLs2,122 MCFAug 2024
HaciendaUpton County, TX275 BBLs678 MCFAug 2024
Hamman 30Upton County, TX10,112 BBLs63,894 MCFAug 2024
Janey '14'Upton County, TX419 BBLs290 MCFAug 2024
Jessica13neUpton County, TX0 BBLs0 MCFMar 2022
Jessica13nwUpton County, TX0 BBLs0 MCFFeb 2022
Jessica13seUpton County, TX0 BBLs0 MCFMay 2022
Jessica13swUpton County, TX0 BBLs0 MCFJun 2022
LangfordUpton County, TX0 BBLs0 MCFNov 2016
LilaUpton County, TX22,291 BBLs133,640 MCFAug 2024
LilianUpton County, TX62,847 BBLs408,276 MCFAug 2024
LongUpton County, TX0 BBLs0 MCFJul 2017
Madeline KateUpton County, TX809 BBLs2,158 MCFAug 2024
Owens-CravensUpton County, TX69,419 BBLs95,880 MCFAug 2024
Owens-Taylor 31Upton County, TX75,502 BBLs155,981 MCFAug 2024
PriestUpton County, TX0 BBLs0 MCFJan 2023
ThomasUpton County, TX0 BBLs0 MCFFeb 2022
Wilson 45Upton County, TX215 BBLs262 MCFAug 2024

Owners of Racheal

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024SUMMIT PETROLEUM LLCRACHEAL 46 #92JMSUMMIT PETROLEUM
2024SUMMIT PETROLEUM LLCRACHEAL 47 #94MSSUMMIT PETROLEUM
2024SUMMIT PETROLEUM LLCRACHEAL 45 #90MSSUMMIT PETROLEUM
2024SUMMIT PETROLEUM LLCRACHEAL 2SUMMIT PETROLEUM LLC
2024SUMMIT PETROLEUM LLCRACHEAL 8SUMMIT PETROLEUM LLC
2024SUMMIT PETROLEUM LLCRACHEAL 7SUMMIT PETROLEUM LLC
2024SUMMIT PETROLEUM LLCRACHEAL 4SUMMIT PETROLEUM LLC
2024SUMMIT PETROLEUM LLCRACHEAL 5SUMMIT PETROLEUM LLC
Displaying 8 of 2536 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Racheal

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
7C-20906RACHEAL 3Aug 2024ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-20906RACHEAL 3Aug 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-20906RACHEAL 3Aug 2024CHEVRON U.S.A. INC.CHEVRON MIDCONTINENT, L.P.
7C-20907RACHEAL 5Aug 2024ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-20907RACHEAL 5Aug 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-20907RACHEAL 5Aug 2024CHEVRON U.S.A. INC.CHEVRON MIDCONTINENT, L.P.
7C-20963RACHEAL 6Aug 2024ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-20963RACHEAL 6Aug 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-20963RACHEAL 6Aug 2024CHEVRON U.S.A. INC.CHEVRON MIDCONTINENT, L.P.
7C-21009RACHEAL 1Aug 2024ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-21009RACHEAL 1Aug 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-21009RACHEAL 1Aug 2024CHEVRON U.S.A. INC.CHEVRON MIDCONTINENT, L.P.
7C-21015RACHEAL 4Aug 2024ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-21015RACHEAL 4Aug 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-21015RACHEAL 4Aug 2024CHEVRON U.S.A. INC.CHEVRON MIDCONTINENT, L.P.
7C-21049RACHEAL 2Aug 2024ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-21049RACHEAL 2Aug 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-21049RACHEAL 2Aug 2024CHEVRON U.S.A. INC.CHEVRON MIDCONTINENT, L.P.
7C-21082RACHEAL 8Aug 2024ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-21082RACHEAL 8Aug 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-21082RACHEAL 8Aug 2024CHEVRON U.S.A. INC.CHEVRON MIDCONTINENT, L.P.
7C-21086RACHEAL 9Aug 2024ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-21086RACHEAL 9Aug 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-21086RACHEAL 9Aug 2024CHEVRON U.S.A. INC.CHEVRON MIDCONTINENT, L.P.
7C-21093RACHEAL 7Aug 2024ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC