Penny

Oil & Gas Property in Upton County, TX

  2. Texas
  3. Upton County, TX
  4. Oil & Gas Properties in Upton County, TX
  5. Penny Oil & Gas Property

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Property Summary

Key data points for Penny

CountyUpton County, TX
OperatorSUMMIT PETROLEUM LLC
Production DatesMar 2014 - Jan 2026
Total Oil Production161,875 BBLs
Total Gas Production920,142 MCF
Recent Oil Production170 BBLs in Dec 2025
Recent Gas Production3,382 MCF in Dec 2025
Wells on Property4

Our Valuation Estimates for Penny

ShaleAssessment™

$24,065 *

MarketMultiple™

$33,285 **

* 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 Jan 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, TX4,198 BBLs64,941 MCFJan 2026
CarsonUpton County, TX0 BBLs0 MCFSep 2025
ClarissaUpton County, TX2,125 BBLs46,000 MCFJan 2026
ClydeanUpton County, TX1,386 BBLs63,600 MCFJan 2026
CristaUpton County, TX594 BBLs4,265 MCFJan 2026
DawnUpton County, TX193 BBLs1,944 MCFJan 2026
EmilyUpton County, TX869 BBLs9,117 MCFJan 2026
Emma LouUpton County, TX4,646 BBLs56,897 MCFJan 2026
Jade 101Upton County, TX122 BBLs2,516 MCFJan 2026
Keizha-NealUpton County, TX6,014 BBLs66,672 MCFJan 2026
MC Elroy RanchUpton County, TX628 BBLs19,461 MCFJan 2026
McElroy 1Upton County, TX0 BBLs0 MCFApr 2024
MoniqueUpton County, TX196 BBLs2,795 MCFJan 2026
Peridot 101Upton County, TX0 BBLs1,640 MCFJan 2026
R S WindhamUpton County, TX84 BBLs3,238 MCFJan 2026
Ross R.LUpton County, TX131 BBLs2,007 MCFJan 2026
Smith 113 SeUpton County, TX291 BBLs2,203 MCFJan 2026
WindhamUpton County, TX1,796 BBLs45,524 MCFJan 2026
Windham R. SUpton County, TX55 BBLs1,452 MCFJan 2026
Zircon 100Upton County, TX0 BBLs642 MCFJan 2026

Companies in the Area

These are the closest 20 companies operating near the Penny property.

Company Name
Apache Corporation
Arco Permian
BP America Production Company
Cobra Oil & Gas Corporation
COG Operating LLC
Endeavor Energy Resources, LP
EOG Resources Inc
Exxon Corporation
Exxon Mobil Corporation
Kaiser-Francis Oil Company
Mewbourne Oil Company
Petex
Rayden
Scout Energy Management LLC
Southwest Royalties, Inc.
Summit Petroleum LLC
Thompson, J. Cleo
TS Oil, LLC
V-F Petroleum Inc.
XTO Energy Inc.

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-18479PENNYNov 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYNov 2025ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYNov 2025TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYOct 2025TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYSep 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-18479PENNYAug 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-18479PENNYJul 2025TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYJun 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-18479PENNYMay 2025TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYApr 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYApr 2025ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYApr 2025TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYMar 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYMar 2025ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYMar 2025TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYMar 2025SUMMIT PETROLEUM LLCSUMMIT PETROLEUM LLC
7C-18479PENNYFeb 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYFeb 2025ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYFeb 2025TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC