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BANAY BF

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 52678District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$24.0 M
Jun 2019 – May 2026
Value, last 12 filed months
$1.4 M
at the published price for each month
Months reported
84
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
OilDisposition368,703 bbl$22,864,884
Casinghead gasProduction319,536 Mcf$1,115,692
Total$23,980,575

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 31.6984, -102.2620. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.69840, -102.26201 · 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
9,031 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 9,031 ft.

Completions filed
Jun 2019
1 of 1 wells

1 well

42-3294205612LS9,031 ftJun 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 (84)

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

84 months

May 20261,4461,542106.413.05$158,566
Apr 20261,47991598.932.87$148,943
Mar 20261,72942189.753.15$156,504
Feb 20261,32958163.503.75$86,570
Jan 20261,2961,54659.138.00$88,997
Dec 20251,51847556.664.41$88,106
Nov 20251,2681,90058.593.93$81,752
Oct 20251,3072,03959.383.30$84,348
Sep 20251,1642,87562.743.08$81,876
Aug 20251,6753,88963.933.01$118,807
Jul 20251,9166,62166.743.32$149,824
Jun 20251,7935,76166.483.13$137,223
May 20251,7775,75360.553.23$126,193
Apr 20251,8425,05362.363.54$132,771
Mar 20251,8044,72067.704.27$142,277
Feb 20251,7592,54370.884.34$135,717
Jan 20251,7664,96674.324.28$152,497
Dec 20241,5545,06968.993.12$123,033
Nov 20241,1133,26369.052.20$84,026
Oct 20241,7206,52471.372.28$137,640
Sep 20241,7066,15769.612.36$133,312
Aug 20241,8555,58375.632.06$151,815
Jul 20241,9271,15079.932.15$156,494
Jun 20242,15269778.082.63$169,864
May 20242,49426078.812.20$197,124
Apr 20242,16517184.451.66$183,118
Mar 20242,62841580.301.55$211,670
Feb 20242,0941,90776.091.78$162,734
Jan 20242,5691,68873.023.30$193,155
Dec 20232,28348571.262.61$163,953
Nov 20232,403077.892.81$187,170
Oct 20232,55410185.443.09$218,526
Sep 20232,41210289.042.74$215,043
Aug 20232,7713080.522.67$223,201
Jul 20232,52842974.852.64$190,354
Jun 20232,1545,38668.962.26$160,704
May 20232,7716,79170.622.23$210,814
Apr 20232,7866,36978.122.24$231,895
Mar 20232,9694,83572.852.39$227,863
Feb 20232,88740875.112.47$217,849
Jan 20232,8776176.533.39$220,383
Dec 20222,7628576.415.73$211,531
Nov 20222,88516685.005.65$246,162
Oct 20223,15395787.185.86$280,490
Sep 20222,4945,87384.888.16$259,636
Aug 20222,8245,37694.529.13$315,992
Jul 20223,8565,546101.587.54$433,521
Jun 20224,1284,831115.097.98$513,629
May 20223,7014,824109.378.43$445,459
Apr 20223,9264,078104.226.84$437,051
Mar 20224,0843,244108.885.08$461,134
Feb 20223,6833,68891.054.86$353,257
Jan 20224,1664,62381.844.54$361,923
Dec 20214,3315,50471.323.90$330,348
Nov 20213,9725,46877.435.24$336,187
Oct 20214,7215,81479.795.71$409,909
Sep 20214,6945,42269.865.35$356,936
Aug 20214,9855,96466.024.22$354,281
Jul 20214,3805,52570.783.98$332,017
Jun 20214,3964,81169.493.38$321,742
May 20214,7363,07763.483.02$309,927
Apr 20215,3601,18060.362.76$326,785
Mar 20216,4191,35761.302.72$397,172
Feb 20214,5361,44357.805.55$270,186
Jan 20216,1512,54350.412.81$317,218
Dec 20206,8211,86344.642.68$309,474
Nov 20208,2792,91038.772.71$328,853
Oct 20208,8302,82836.972.48$333,454
Sep 20208,2098,59137.091.99$321,577
Aug 20208,6276,43339.982.39$360,251
Jul 202011,6432,88638.371.83$452,009
Jun 2020583734.901.69$2,087
May 202001016.921.81$18
Apr 20205,9574,57914.751.80$96,128
Mar 202010,07510,71830.341.86$325,571
Feb 20206,5564,72849.881.98$336,378
Jan 20207,0353,73757.252.09$410,582
Dec 20199,4877,17759.012.30$576,366
Nov 201910,6978,02855.302.75$613,627
Oct 201914,1699,58753.472.42$780,803
Sep 201920,12314,85155.052.66$1,147,234
Aug 201924,14914,88753.112.30$1,316,858
Jul 201919,11311,64156.272.46$1,104,126
Jun 20196,2923,16552.782.49$339,976

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                1,446 bbl  × $106.41 =   $153,869
Casinghead gas     1,542 Mcf  × $  3.05 =     $4,697

────────────────────────────────────────────────────
Month total                                 $158,566

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/52678 is the state's own key, not one this site invented.