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BANAY BD

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 52301District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$26.1 M
Mar 2019 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
87
no gaps in the span
Streams
2
oil, casinghead gas

The SPRABERRY (TREND AREA) field

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
OilDisposition409,259 bbl$25,079,128
Casinghead gasProduction309,482 Mcf$1,027,663
Total$26,106,791

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 31.7002, -102.2567. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.70024, -102.25671 · 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
8,959 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 8,959 ft.

Completions filed
Mar 2019
1 of 1 wells

1 well

42-3294205408LS8,959 ftMar 2019——

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 (87)

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

87 months

May 20261,6863,651106.413.05$190,528
Apr 20261,7213,33398.932.87$179,823
Mar 20261,8913,20389.753.15$179,805
Feb 20262,1093,89063.503.75$148,510
Jan 20261,9911,29059.138.00$128,045
Dec 20252,33881656.664.41$136,072
Nov 20251,91533958.593.93$113,531
Oct 20251,74327859.383.30$104,418
Sep 20251,738062.743.08$109,042
Aug 20252,51160563.933.01$162,352
Jul 20252,2571,60966.743.32$155,966
Jun 20252,2341,01466.483.13$151,689
May 20252,3605360.553.23$143,069
Apr 20251,8261,44962.363.54$119,003
Mar 20251,65265067.704.27$114,615
Feb 20251,7675,11370.884.34$147,440
Jan 20251,9512,01374.324.28$153,611
Dec 20241,96512168.993.12$135,943
Nov 20242,33237369.052.20$161,845
Oct 20241,8462,10971.372.28$136,560
Sep 20242,0172,68469.612.36$146,749
Aug 20242,1462,76875.632.06$168,014
Jul 20241,8582,21979.932.15$153,273
Jun 20241,7602,21078.082.63$143,242
May 20241,8012,28678.812.20$146,962
Apr 20241,66371284.451.66$141,622
Mar 20241,52277480.301.55$123,413
Feb 20241,4531,60176.091.78$113,414
Jan 20241,79313673.023.30$131,373
Dec 20232,0871,77671.262.61$153,356
Nov 20232,878077.892.81$224,167
Oct 20232,78317985.443.09$238,332
Sep 20232,51464489.042.74$225,608
Aug 20232,30014180.522.67$185,573
Jul 20231,84763274.852.64$139,918
Jun 20232,7163,99068.962.26$196,307
May 20232,8785,02670.622.23$214,439
Apr 20232,5375,45678.122.24$210,400
Mar 20232,8834,08172.852.39$219,793
Feb 20232,5675,66675.112.47$206,778
Jan 20232,7743,60976.533.39$224,521
Dec 20222,0263,51476.415.73$174,939
Nov 20221,9624,81185.005.65$193,934
Oct 20222,8212,94787.185.86$263,215
Sep 20222,8196,70184.888.16$293,982
Aug 20222,8825,16794.529.13$319,567
Jul 20222,9193,433101.587.54$322,404
Jun 20222,9132,608115.097.98$356,062
May 20222,7713,645109.378.43$333,803
Apr 20223,0442,262104.226.84$332,712
Mar 20223,2771,451108.885.08$364,166
Feb 20223,2142,15791.054.86$303,115
Jan 20223,1232,05681.844.54$264,916
Dec 20213,4403,46271.323.90$258,840
Nov 20212,9563,42977.435.24$246,840
Oct 20213,3214,07379.795.71$288,255
Sep 20213,4632,23069.865.35$253,858
Aug 20213,5081,73366.024.22$238,912
Jul 20213,8162,59370.783.98$280,422
Jun 20214,0482,09769.493.38$288,385
May 20214,5642,68263.483.02$297,816
Apr 20215,8351,61460.362.76$356,653
Mar 20216,64848961.302.72$408,851
Feb 20214,81598357.805.55$283,761
Jan 20216,3001,31950.412.81$321,290
Dec 20206,65296944.642.68$299,538
Nov 20207,3882,12638.772.71$292,187
Oct 20208,0901,62436.972.48$303,112
Sep 20206,8207,99537.091.99$268,872
Aug 20209,4057,24639.982.39$393,294
Jul 202011,0951,61038.371.83$428,654
Jun 2020721334.901.69$2,535
May 20200016.921.81$0
Apr 20203,5071,84914.751.80$55,065
Mar 202012,31911,62330.341.86$395,333
Feb 20207,3208,93649.881.98$382,821
Jan 20209,17315,21057.252.09$557,015
Dec 201910,59911,00559.012.30$650,806
Nov 20198,7685,31755.302.75$499,496
Oct 20196,7434,67053.472.42$371,843
Sep 201911,1658,23355.052.66$636,511
Aug 201911,9599,12553.112.30$656,170
Jul 201913,00310,04456.272.46$756,388
Jun 201912,6117,44752.782.49$684,161
May 201919,43813,59058.482.74$1,173,975
Apr 201927,71017,03762.632.75$1,782,341
Mar 201932,32717,85856.803.06$1,890,857

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.

May 2026 — as filed, then multipliedworked
Oil                1,686 bbl  × $106.41 =   $179,407
Casinghead gas     3,651 Mcf  × $  3.05 =    $11,120

────────────────────────────────────────────────────
Month total                                 $190,528

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/52301 is the state's own key, not one this site invented.