Penny

Oil & Gas Property in Upton County, TX

Property Summary

Key data points for Penny

CountyUpton County, TX
OperatorSUMMIT PETROLEUM LLC
Production DatesMar 2014 - Mar 2026
Total Oil Production162,154 BBLs
Total Gas Production926,501 MCF
Recent Oil Production137 BBLs in Feb 2026
Recent Gas Production3,029 MCF in Feb 2026
Wells on Property4

Our Valuation Estimates for Penny

ShaleAssessment

$23,516 *

MarketMultiple

$34,054 **

* 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 Mar 2026

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 LLCPlugged Oil WellUpton 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, TX3,870 BBLs56,245 MCFMar 2026
CarsonUpton County, TX0 BBLs0 MCFMar 2026
ClarissaUpton County, TX1,737 BBLs37,968 MCFMar 2026
ClydeanUpton County, TX1,059 BBLs55,660 MCFMar 2026
CristaUpton County, TX0 BBLs344 MCFFeb 2026
DawnUpton County, TX162 BBLs1,623 MCFMar 2026
EmilyUpton County, TX220 BBLs1,294 MCFMar 2026
Emma LouUpton County, TX4,003 BBLs51,806 MCFMar 2026
Jade 101Upton County, TX131 BBLs1,866 MCFMar 2026
Keizha-NealUpton County, TX5,002 BBLs59,710 MCFMar 2026
MC Elroy RanchUpton County, TX545 BBLs10,588 MCFMar 2026
McElroy 1Upton County, TX0 BBLs0 MCFApr 2024
MoniqueUpton County, TX212 BBLs2,647 MCFMar 2026
Peridot 101Upton County, TX0 BBLs844 MCFMar 2026
R S WindhamUpton County, TX106 BBLs3,915 MCFMar 2026
Ross R.LUpton County, TX79 BBLs1,694 MCFMar 2026
Smith 113 SeUpton County, TX147 BBLs2,061 MCFMar 2026
WindhamUpton County, TX1,512 BBLs43,016 MCFMar 2026
Windham R. SUpton County, TX55 BBLs1,392 MCFMar 2026
Zircon 100Upton County, TX0 BBLs618 MCFMar 2026

Frac'ing activity on Penny

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-461-39153Penny #1110
42-461-39154Penny #1102
42-461-39184Penny 1106
42-461-39185Penny #1114

Owners of Penny

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025SUMMIT PETROLEUM LLCPENNYSUMMIT PETROLEUM LLC
2025WARREN W K & CO LPPENNYSUMMIT PETROLEUM LLC
2025CHEVRON USA INC-RI/ORRIPENNYSUMMIT PETROLEUM LLC
2025YOUNG LEE WARREN REV TRPENNYSUMMIT PETROLEUM LLC
2025WARREN 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-18479PENNYFeb 2026CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYFeb 2026ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYFeb 2026TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYFeb 2026SUMMIT PETROLEUM LLCSUMMIT PETROLEUM LLC
7C-18479PENNYJan 2026TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYJan 2026SUMMIT PETROLEUM LLCSUMMIT PETROLEUM LLC
7C-18479PENNYDec 2025TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYDec 2025SUMMIT PETROLEUM LLCSUMMIT PETROLEUM LLC
7C-18479PENNYNov 2025TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYNov 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYNov 2025ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYOct 2025TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYSep 2025TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYAug 2025TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYAug 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYAug 2025ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYJul 2025TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYJul 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYJul 2025ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYJun 2025TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYMay 2025TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYMay 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYMay 2025ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYApr 2025TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYApr 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.