BANAY AC

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 48383District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$12.9 M
Aug 2016 – May 2026
Value, last 12 filed months
$328 k
at the published price for each month
Months reported
118
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
OilDisposition212,866 bbl$11,940,846
Casinghead gasProduction282,472 Mcf$982,040
Total$12,922,886

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 31.7030, -102.2458. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.70302, -102.24577 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,388 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

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

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 8,388 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-3294081304LS8,388 ftAug 2016

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 (118)

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

118 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202610063.503.75$635
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 202535648359.383.30$22,736
Sep 20251,2254,69162.743.08$91,290
Aug 20251,2484,32463.933.01$92,820
Jul 20251,1081,61766.743.32$79,309
Jun 202560441966.483.13$41,465
May 20251,60299060.553.23$100,201
Apr 20251,01785562.363.54$66,449
Mar 20251,1541,43167.704.27$84,234
Feb 20251,09740670.884.34$79,518
Jan 20251,18075574.324.28$90,928
Dec 20241,52094768.993.12$107,821
Nov 20241,72074569.052.20$120,404
Oct 20242,18082371.372.28$157,464
Sep 20241,84846369.612.36$129,734
Aug 20241,12851475.632.06$86,371
Jul 20244311479.932.15$34,480
Jun 202465178.082.63$5,078
May 2024107078.812.20$8,433
Apr 20240984.451.66$15
Mar 20243321,96780.301.55$29,699
Feb 20244151,39776.091.78$34,069
Jan 202476578373.023.30$58,442
Dec 202352752171.262.61$38,914
Nov 20237051,15077.892.81$58,141
Oct 20234131,49885.443.09$39,911
Sep 20237041,18689.042.74$65,928
Aug 202313865480.522.67$12,860
Jul 20239943,79874.852.64$84,434
Jun 20234113,39968.962.26$36,019
May 20235105,07170.622.23$47,311
Apr 20234295,34378.122.24$45,470
Mar 20235634,80272.852.39$52,507
Feb 20236661,73375.112.47$54,296
Jan 20237621,94476.533.39$64,902
Dec 20227132,55276.415.73$69,101
Nov 20228362,88385.005.65$87,338
Oct 20227642,16787.185.86$79,312
Sep 20228582,23184.888.16$91,040
Aug 20228822,37994.529.13$105,080
Jul 20228022,396101.587.54$99,538
Jun 20228662,835115.097.98$122,283
May 20221,2824,378109.378.43$177,132
Apr 20222,3004,613104.226.84$271,248
Mar 20227601,877108.885.08$92,277
Feb 20221,0431,84591.054.86$103,930
Jan 20221,6993,80881.844.54$156,326
Dec 20211,8164,16371.323.90$145,749
Nov 20211,8715,06977.435.24$171,417
Oct 20211,9264,99779.795.71$182,228
Sep 20216721,21269.865.35$53,431
Aug 20217582,05066.024.22$58,695
Jul 20211,1842,69570.783.98$94,535
Jun 20211,3222,54669.493.38$100,473
May 20218853,63263.483.02$67,140
Apr 20211,4133,77360.362.76$95,696
Mar 20219885,53661.302.72$75,605
Feb 20215991,86357.805.55$44,958
Jan 20211,0491,55850.412.81$57,258
Dec 20201,2872,20344.642.68$63,346
Nov 20209011,67438.772.71$39,463
Oct 20201,0562,05136.972.48$44,124
Sep 20201,6412,35237.091.99$65,548
Aug 20201,8861,62939.982.39$79,288
Jul 20201,2971,35438.371.83$52,237
Jun 202087856434.901.69$31,596
May 20200016.921.81$0
Apr 20201,1752,32714.751.80$21,530
Mar 20203,4994,21930.341.86$113,991
Feb 20204,5903,23049.881.98$235,347
Jan 20203,3662,40357.252.09$197,737
Dec 20196,3907,07759.012.30$393,382
Nov 20192,9402,25455.302.75$168,782
Oct 20191,77068053.472.42$96,287
Sep 20191943555.052.66$10,773
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20192,5462,30058.482.74$155,193
Apr 20193,6252,07262.632.75$232,733
Mar 20192,6313,80056.803.06$161,077
Feb 20194,8832,16050.852.79$254,332
Jan 20199,8443,37946.033.23$464,027
Dec 201866022446.594.19$31,687
Nov 20182645052.934.24$14,185
Oct 20185,0031,03061.443.40$310,884
Sep 20183,49163159.543.11$209,815
Aug 20182,01340759.403.07$120,820
Jul 2018352065.142.93$22,929
Jun 2018206060.183.08$12,397
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20184719161.222.79$29,088
Feb 20183,8192,81161.782.77$243,713
Jan 20183,18293462.874.01$203,797
Dec 20172,81383757.272.92$163,546
Nov 20172,6441,15555.423.12$150,132
Oct 20171,60773049.292.98$81,387
Sep 20173,1043,70547.523.09$158,940
Aug 20171,9424,76945.373.00$102,437
Jul 20174,0595,25443.873.09$194,289
Jun 20174,2665,60642.493.09$198,570
May 20175,3772,04145.373.26$250,615
Apr 20174,6662,60747.933.21$232,014
Mar 20175,3147,17246.772.98$269,935
Feb 20173,1167,83250.452.95$180,327
Jan 20177,0049,46749.413.42$378,433
Dec 20167,8229,50248.763.72$416,775
Nov 20168,63010,01942.492.64$393,182
Oct 201610,56712,52646.193.09$526,798
Sep 20165,45914,86241.553.10$272,903
Aug 20163,3942,65641.442.92$148,414

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.

Feb 2026 — as filed, then multipliedworked
Oil                   10 bbl  × $ 63.50 =       $635
Casinghead gas         0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                     $635

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/48383 is the state's own key, not one this site invented.