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Texas oil lease

Producing

LILA 40

Lila 40 is an oil lease in Upton County, Texas, operated by Summit Petroleum LLC in the Spraberry (Trend Area) field.

1 well

33,712bbl oil, last 12 months+27% vs prior year
Operator
Summit Petroleum LLC
County
Upton County
Field
Spraberry (Trend Area)
RRC lease
7C-21671

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
503,086 mcf
Oil in Jul 2026
1,979 bbl

Production by month

Oil output rose 27% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 27% over the last 12 monthsMonthly oil production and gas for LILA 40, Aug 2023 to Jul 2026. Oil output rose 27% over the last 12 months. 33,712 bbl in the 12 months through Jul 2026, against 26,448 bbl in the 12 months before.Last 12 months: 33,712 bblbbl per monthmcf per month002,00020k4,00040k6,00060k8,00080kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 27% over the last 12 monthsMonthly oil production and gas for LILA 40, Aug 2023 to Jul 2026. Oil output rose 27% over the last 12 months. 33,712 bbl in the 12 months through Jul 2026, against 26,448 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,00020k4,00040k6,00060k8,00080kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 51.0% of the gas in Jun 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since May 2024 the lease's gas goes to a transmission line instead of a processing plantShare of LILA 40 gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 51.0% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%May 2024: plant to lineFlared 51.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2024 the lease's gas goes to a transmission line instead of a processing plantShare of LILA 40 gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 51.0% of the gas in Jun 2026.Share of gas by disposition code0%50%100%May 24: plant to lineFlared 51.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    89% · 446,523 mcf

  • Flared (4)

    9.6% · 48,288 mcf

  • Lease fuel (1)

    1.6% · 8,275 mcf

9.6% of the gas flared in the last 12 months. 8 months above 3%.

1 well on this lease

Wells on LILA 40
API numberWell no.Status
42-461-4186080WBActive

SourceTexas Railroad Commission Wellbore Query.

515 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Lila 40
API numberWell no.Acreson the permit
42-461-4186080WB515

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for LILA 40
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,9792,01347,78231,60416,178$80.46$2.89
Jun 20261,9881,96346,57422,82023,754$84.81$3.15
May 20262,2932,31348,47045,5812,889$102.13$2.94
Apr 20262,4142,39746,25445,1451,109$100.32$2.77
Mar 20262,5652,56247,25944,0611,691$91.38$3.04
Feb 20262,4422,50739,77137,803677$64.51$3.62
Jan 20262,7812,75538,28136,330625$60.04$7.72
Dec 20252,8852,84748,32245,4801,365$57.97$4.26
Nov 20253,0133,05146,74845,4060$60.06$3.79
Oct 20253,2773,24742,18540,8530$60.89$3.19
Sep 20253,2493,26826,31826,3180$63.96$2.97
Aug 20254,8264,89625,12225,1220$64.86$2.91
Jul 20255,0805,15516,88516,361524$68.39$3.20
Jun 20255,4955,4915,1645,12737$68.17$3.02
May 20252,2072,0887087080$62.17$3.12
Apr 20252,5342,52363630$63.54$3.42
Mar 20251,4521,46026260$68.24$4.12
Feb 20251,8641,9062742700$71.53$4.19
Jan 20256514677817720$75.74$4.13
Dec 20243374077076950$70.12$3.01
Nov 20241401165725630$69.95$2.12
Oct 202419323918180$71.99$2.20
Sep 20243,1403,28738,39237,0381,354$70.24$2.28
Aug 20243,3553,25547,88646,7161,170$76.68$1.99
Jul 20243,4793,47151,50350,698805$81.80$2.07
Jun 20243,6473,63645,47745,4770$79.77$2.54
May 20244,5324,45832,50432,40599$80.02$2.12
Apr 20241,9422,04011,58111,4140$85.35$1.60
Mar 20244,2414,21035,03134,6510$81.28$1.49
Feb 20243,7543,78334,57334,2830$77.25$1.72
Jan 20245,3395,45835,48535,2180$74.15$3.18
Dec 20235,2785,12632,21631,7300$71.90$2.52
Nov 20234,1834,16727,07926,6000$77.69$2.71
Oct 20234,7274,74036,83731,8204,467$85.64$2.98
Sep 20234,6274,63944,14941,8542,295$89.43$2.64
Aug 20234,7984,76645,82445,8240$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorSummit Petroleum LLCFieldSpraberry (Trend Area)CountyUpton County

Summit Petroleum LLC in Upton County

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Spraberry (Trend Area) field

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