BANAY B

Operated by SUMMIT PETROLEUM LLC (P-5 829221) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 37833District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$6.1 M
Oct 2006 – Jul 2015
Value, last 12 filed months
$0
at the published price for each month
Months reported
106
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition69,035 bbl$4,948,281
Casinghead gasProduction177,281 Mcf$1,156,650
Total$6,104,931

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.6809, -102.2509. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.68091, -102.25089 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,280 ft
1 wells filed one
Completion to plug
8.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,280 ft.

Completions filed
Oct 2006
1 of 1 wells
Plug dates filed
May 2015
1 of 1 wells

Last completion to plug: a median of 8.6 years across the 1 well that filed both dates, with the middle half between 8.6 years and 8.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3293551770510,280 ftOct 2006May 2015Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (106)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

106 months

Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201370102.523.72$718
Jun 201324094.403.93$2,266
May 20139620494.834.15$9,950
Apr 201315822393.964.28$15,801
Mar 20138816093.623.91$8,865
Feb 20136513591.233.42$6,392
Jan 201312517091.603.42$12,031
Dec 20127614786.773.42$7,097
Nov 20126116286.953.62$5,891
Oct 20126619289.383.40$6,552
Sep 20125160994.672.92$6,605
Aug 20127973792.662.91$9,463
Jul 2012701,03485.133.02$9,083
Jun 20124963379.822.52$5,506
May 20125037791.612.49$5,519
Apr 201232350101.652.00$3,952
Mar 201243304105.052.22$5,193
Feb 2012114613101.102.57$13,101
Jan 20127424598.092.73$7,929
Dec 201150096.873.24$4,844
Nov 201126375795.723.31$27,681
Oct 20113971,37884.983.65$38,765
Sep 20114611,29783.623.99$43,718
Aug 20115051,65283.404.15$48,972
Jul 20113721,00394.144.52$39,551
Jun 20113741,24092.904.64$40,498
May 20114601,59698.134.40$52,170
Apr 20114101,610105.964.33$50,420
Mar 20114791,82896.364.06$53,573
Feb 20115771,91685.644.18$57,423
Jan 20115301,57586.504.59$53,072
Dec 20106191,51185.734.35$59,636
Nov 20104651,71080.843.80$44,081
Oct 20107162,15878.103.51$63,492
Sep 20103811,54272.633.98$33,808
Aug 20104151,41773.684.42$36,839
Jul 20104261,65672.554.74$38,750
Jun 20105561,74070.364.91$47,664
May 20106092,86571.124.24$55,446
Apr 20105321,66081.694.12$50,303
Mar 20105201,94278.394.39$49,286
Feb 20104651,97773.585.44$44,974
Jan 20106192,49774.365.96$60,921
Dec 20096282,29671.445.48$57,455
Nov 20096422,08974.593.75$55,724
Oct 20095632,03272.544.11$49,192
Sep 20096261,87765.543.06$46,781
Aug 20096511,78067.423.22$49,619
Jul 20091,5751,68461.133.46$102,114
Jun 20091,1991,75166.163.90$86,146
May 20098122,16254.743.93$52,936
Apr 20097062,41746.773.59$41,691
Mar 20098852,43742.144.06$47,186
Feb 20099352,26232.814.63$41,157
Jan 20091,2922,62235.865.37$60,414
Dec 20081,2132,84037.105.98$61,977
Nov 20089832,10255.496.86$68,967
Oct 20088342,73875.246.92$81,703
Sep 20088722,428101.767.88$107,860
Aug 20088903,537114.228.48$131,660
Jul 20081,0263,765131.0811.39$177,369
Jun 20081,1204,026131.3313.03$199,559
May 20081,0084,486123.1711.57$176,078
Apr 20089534,409110.3110.45$151,221
Mar 20081,1474,436101.909.66$159,749
Feb 20081,0704,45092.538.77$138,036
Jan 20081,4784,73890.388.21$172,460
Dec 20071,4104,16488.337.30$154,951
Nov 20071,3734,65291.677.29$159,784
Oct 20071,4934,82682.856.92$157,101
Sep 20071,6535,25575.846.24$158,177
Aug 20071,6514,30769.066.39$141,531
Jul 20072,0455,73970.906.39$181,651
Jun 20072,4795,41362.007.55$194,558
May 20071,8873,14658.747.85$135,527
Apr 20072,7103,94459.617.81$192,327
Mar 20074,1205,84656.927.30$277,198
Feb 20074,8336,95255.108.22$323,416
Jan 20072,6843,36550.306.73$157,641
Dec 20061,3941,16656.656.92$87,037
Nov 20062,2062,17154.207.62$136,103
Oct 20061,4602,14954.906.01$93,078

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jul 2013 — as filed, then multipliedworked
Oil                    7 bbl  × $102.52 =       $718
Casinghead gas         0 Mcf  × $  3.72 =         $0

────────────────────────────────────────────────────
Month total                                     $718

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/O/37833 is the state's own key, not one this site invented.