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

Map of Wells Full Screen Map

Property Summary

Key data points for Penny

CountyUpton County, TX
OperatorSUMMIT PETROLEUM LLC
Production DatesMar 2014 - Jun 2026
Total Oil Production162,544 BBLs
Total Gas Production934,601 MCF
Recent Oil Production145 BBLs in May 2026
Recent Gas Production2,869 MCF in May 2026
Wells on Property4

Our Valuation Estimates for Penny

ShaleAssessment™

$22,670 *

MarketMultiple™

$34,096 **

* 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 Jun 2026

Wells on Penny

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-461-39153PENNY 1110SUMMIT PETROLEUM LLCOil WellUpton 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, TX4,553 BBLs60,150 MCFJun 2026
CarsonUpton County, TX2 BBLs0 MCFMay 2026
ClarissaUpton County, TX2,275 BBLs55,044 MCFJun 2026
ClydeanUpton County, TX1,222 BBLs58,279 MCFJun 2026
CristaUpton County, TX0 BBLs0 MCFFeb 2026
DawnUpton County, TX1 BBLs20 MCFJun 2026
EmilyUpton County, TX6 BBLs0 MCFJun 2026
Emma LouUpton County, TX4,147 BBLs57,008 MCFJun 2026
Herbert 101Upton County, TX0 BBLs0 MCFApr 2026
Jade 101Upton County, TX104 BBLs2,316 MCFJun 2026
Keizha-NealUpton County, TX4,687 BBLs59,167 MCFJun 2026
MC Elroy RanchUpton County, TX874 BBLs11,832 MCFJun 2026
MoniqueUpton County, TX163 BBLs2,966 MCFJun 2026
Peridot 101Upton County, TX0 BBLs749 MCFJun 2026
R S WindhamUpton County, TX167 BBLs4,826 MCFJun 2026
Ross R.LUpton County, TX111 BBLs2,381 MCFJun 2026
Smith 113 SeUpton County, TX264 BBLs3,649 MCFJun 2026
WindhamUpton County, TX1,383 BBLs43,146 MCFJun 2026
Windham R. SUpton County, TX50 BBLs1,703 MCFJun 2026
Zircon 100Upton County, TX0 BBLs693 MCFJun 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
EOG Resources Inc
Exxon Corporation
Exxon Mobil Corporation
Kaiser-Francis Oil Company
Mewbourne Oil Company
Ovintiv USA Inc.
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
2026SUMMIT PETROLEUM LLCPENNYSUMMIT PETROLEUM LLC
2026WARREN W K & CO LPPENNYSUMMIT PETROLEUM LLC
2026CHEVRON USA INC-RI/ORRIPENNYSUMMIT PETROLEUM LLC
2026YOUNG LEE WARREN REV TRPENNYSUMMIT PETROLEUM LLC
2026WARREN 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-18479PENNYMay 2026TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYApr 2026CHEVRON U.S.A. INC.CHEVRON U.S.A. INC.
7C-18479PENNYApr 2026ENLINK CRUDE MARKETING, LLCSUMMIT PETROLEUM LLC
7C-18479PENNYApr 2026TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
7C-18479PENNYMar 2026TARGA MIDSTREAM SERVICES LLCSUMMIT PETROLEUM LLC
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 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