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 - May 2025
Total Oil Production160,559 BBLs
Total Gas Production893,770 MCF
Recent Oil Production221 BBLs in May 2025
Recent Gas Production3,450 MCF in May 2025
Wells on Property4

Our Valuation Estimates for Penny

ShaleAssessment™

$26,757 *

MarketMultiple™

$44,707 **

* 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 May 2025

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, TX8,224 BBLs86,989 MCFJun 2025
CarsonUpton County, TX58 BBLs0 MCFJun 2025
ClarissaUpton County, TX2,872 BBLs50,485 MCFJun 2025
ClydeanUpton County, TX1,317 BBLs59,081 MCFJun 2025
CristaUpton County, TX711 BBLs4,786 MCFJun 2025
DawnUpton County, TX137 BBLs2,113 MCFJun 2025
EmilyUpton County, TX832 BBLs7,269 MCFJun 2025
Emma LouUpton County, TX3,971 BBLs59,294 MCFJun 2025
Jade 101Upton County, TX101 BBLs2,196 MCFJun 2025
Keizha-NealUpton County, TX7,091 BBLs67,320 MCFJun 2025
MC Elroy RanchUpton County, TX1,111 BBLs14,839 MCFJun 2025
MoloneyUpton County, TX0 BBLs0 MCFApr 2025
MoniqueUpton County, TX320 BBLs3,124 MCFJun 2025
Peridot 101Upton County, TX0 BBLs1,143 MCFJun 2025
R S WindhamUpton County, TX189 BBLs3,196 MCFJun 2025
Ross R.LUpton County, TX167 BBLs2,545 MCFJun 2025
Smith 113 SeUpton County, TX188 BBLs2,451 MCFJun 2025
WindhamUpton County, TX1,337 BBLs47,342 MCFJun 2025
Windham R. SUpton County, TX2 BBLs1,281 MCFJun 2025
Zircon 100Upton County, TX0 BBLs608 MCFJun 2025

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-18479PENNYApr 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYApr 2025ENLINK CRUDE MARKETING, 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
7C-18479PENNYFeb 2025SUMMIT PETROLEUM LLCSUMMIT PETROLEUM LLC
7C-18479PENNYJan 2025CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYJan 2025ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYJan 2025TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYJan 2025SUMMIT PETROLEUM LLCSUMMIT PETROLEUM LLC
7C-18479PENNYDec 2024TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYDec 2024SUMMIT PETROLEUM LLCSUMMIT PETROLEUM LLC
7C-18479PENNYNov 2024TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYNov 2024SUMMIT PETROLEUM LLCSUMMIT PETROLEUM LLC
7C-18479PENNYNov 2024CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYNov 2024ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYOct 2024TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYOct 2024SUMMIT PETROLEUM LLCSUMMIT PETROLEUM LLC
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