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Texas oil lease

Producing

LILA 43

Lila 43 is an oil lease in Upton County, Texas, operated by Summit Petroleum LLC in the Spraberry (Trend Area) field.

1 well

41,103bbl oil, last 12 months−15% vs prior year
RRC lease
7C-21675

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Where it sits

This county

Upton CountyUptonMidlandCraneGlasscockReaganEctorUpton County
Upton County
Gas, last 12 months
524,932 mcf
Oil in Jul 2026
2,749 bbl

Production by month

Oil output fell 15% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for LILA 43, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 41,103 bbl in the 12 months through Jul 2026, against 48,356 bbl in the 12 months before.Last 12 months: 41,103 bblbbl per monthmcf per month002,00020k4,00040k6,00060k8,00080kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for LILA 43, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 41,103 bbl in the 12 months through Jul 2026, against 48,356 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 51.4% 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 43 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 51.4% of the gas in Jun 2026.Share of the lease’s gas by disposition code, per month0%50%100%May 2024: plant to lineFlared 51.4%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2024 the lease's gas goes to a transmission line instead of a processing plantShare of LILA 43 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 51.4% of the gas in Jun 2026.Share of gas by disposition code0%50%100%May 24: plant to lineFlared 51.4%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    89% · 468,939 mcf

  • Flared (4)

    9.1% · 47,649 mcf

  • Lease fuel (1)

    1.6% · 8,344 mcf

9.1% of the gas flared in the last 12 months. 10 months above 3%.

1 well on this lease

Wells on LILA 43
API numberWell no.Status
42-461-4186386WBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Apr 8, 2022

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

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 43
API numberWell no.Acreson the permit
42-461-4186386WB515

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

Estimate your royalty

36 months, newest first

Ledger for LILA 43
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,7492,79943,48129,03614,445$80.46$2.89
Jun 20262,7782,73943,31821,04322,275$84.81$3.15
May 20263,0533,05444,00441,4332,571$102.13$2.94
Apr 20263,1123,11141,27440,2731,001$100.32$2.77
Mar 20263,5203,51247,11643,1302,484$91.38$3.04
Feb 20263,3293,41936,16434,338651$64.51$3.62
Jan 20263,6553,61539,43935,2242,851$60.04$7.72
Dec 20253,6643,59046,98344,1791,371$57.97$4.26
Nov 20253,3493,38047,39546,0350$60.06$3.79
Oct 20253,3993,37647,75946,2490$60.89$3.19
Sep 20253,6113,63846,33146,3310$63.96$2.97
Aug 20254,8844,94041,66841,6680$64.86$2.91
Jul 20254,9835,03638,70337,712991$68.39$3.20
Jun 20254,7064,70529,19529,022173$68.17$3.02
May 20254,7584,81620,09914,5415,558$62.17$3.12
Apr 20253,9813,97016,69116,222469$63.54$3.42
Mar 20252,6802,80413,51413,2620$68.24$4.12
Feb 20253,8493,91413,67113,5080$71.53$4.19
Jan 20255,1345,3725,1904,961172$75.74$4.13
Dec 20247,2367,40210,15910,0360$70.12$3.01
Nov 20242,2491,3892,2672,1960$69.95$2.12
Oct 20244706384,8274,6970$71.99$2.20
Sep 20243,8233,93334,75733,4541,303$70.24$2.28
Aug 20244,4874,39939,64338,5671,076$76.68$1.99
Jul 20245,0875,06343,36942,719650$81.80$2.07
Jun 20245,1025,07247,65747,6570$79.77$2.54
May 20245,4645,46155,56255,243319$80.02$2.12
Apr 20246,1446,04325,14424,7820$85.35$1.60
Mar 20241,8071,8988,0167,9290$81.28$1.49
Feb 20244,8704,87536,33836,0330$77.25$1.72
Jan 20245,7095,84539,01638,7230$74.15$3.18
Dec 20235,7725,62234,39133,8720$71.90$2.52
Nov 20235,2505,23627,65927,1700$77.69$2.71
Oct 20236,2486,27135,51630,6794,307$85.64$2.98
Sep 20236,4066,42338,28136,2911,990$89.43$2.64
Aug 20236,6356,60242,92242,9220$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

Summit Petroleum LLC in Upton County

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Spraberry (Trend Area) field

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