BANAY AF

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 53997District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$14.0 M
Oct 2019 – May 2026
Value, last 12 filed months
$867 k
at the published price for each month
Months reported
80
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
OilDisposition212,033 bbl$13,231,512
Casinghead gasProduction238,965 Mcf$731,082
Total$13,962,594

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 31.6828, -102.2350. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.68280, -102.23501 · 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
8,971 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 8,971 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-3294314609LS8,971 ftOct 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 (80)

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

80 months

May 20261,2801,656106.413.05$141,249
Apr 20261,0051,43198.932.87$103,531
Mar 20261,59340889.753.15$144,257
Feb 20263203963.503.75$20,466
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025138058.593.93$8,085
Oct 20254992,65959.383.30$38,418
Sep 20251,3542,10962.743.08$91,439
Aug 20251,2812,10663.933.01$88,243
Jul 20251,6195,34966.743.32$125,785
Jun 20251,4922,18466.483.13$106,021
May 20251,3571,06360.553.23$85,602
Apr 20251,5081,40162.363.54$99,003
Mar 20251,1851,53667.704.27$86,781
Feb 202577724970.884.34$56,155
Jan 20251,1361,20174.324.28$89,566
Dec 20241,23576868.993.12$87,600
Nov 20241,27685869.052.20$89,994
Oct 20247713671.372.28$55,108
Sep 202416312669.612.36$11,644
Aug 202415226675.632.06$12,045
Jul 202416079.932.15$1,279
Jun 20240078.082.63$0
May 20241,951078.812.20$153,758
Apr 2024376084.451.66$31,753
Mar 20241,482080.301.55$119,005
Feb 20241,656676.091.78$126,016
Jan 20241,741073.023.30$127,128
Dec 20231,8511,46971.262.61$135,737
Nov 20231,91827177.892.81$150,154
Oct 20231,99681985.443.09$173,067
Sep 20231,6391,10489.042.74$148,956
Aug 20231,3842,12580.522.67$117,120
Jul 20231,6692,02474.852.64$130,272
Jun 20231,8161,63068.962.26$128,913
May 20232,0062,58370.622.23$147,417
Apr 20231,8061,17378.122.24$143,710
Mar 20231,84667072.852.39$136,085
Feb 20231,96514,39175.112.47$183,075
Jan 20232,24516,36576.533.39$227,250
Dec 20222,0733,19876.415.73$176,720
Nov 20222,4241,53185.005.65$214,684
Oct 20222,1091,68087.185.86$193,714
Sep 20221,861084.888.16$157,962
Aug 20221,974094.529.13$186,582
Jul 20222,4392,360101.587.54$265,553
Jun 20221,985731115.097.98$234,285
May 20222,2841,679109.378.43$263,960
Apr 20222,3382,084104.226.84$257,916
Mar 20222,6681,248108.885.08$296,827
Feb 20222,52559991.054.86$232,812
Jan 20222,71078981.844.54$225,367
Dec 20211,9166371.323.90$136,895
Nov 20212,2513,49977.435.24$192,619
Oct 20212,4293,77979.795.71$215,403
Sep 20212,6621,79069.865.35$195,545
Aug 20212,9471,64266.024.22$201,491
Jul 20213,0533,66270.783.98$230,674
Jun 20213,1833,72869.493.38$233,790
May 20213,4618,02463.483.02$243,918
Apr 20213,72910,27560.362.76$253,425
Mar 20214,5285,64161.302.72$292,893
Feb 20212,6653,54257.805.55$173,688
Jan 20213,9758,32450.412.81$223,772
Dec 20203,8084,60344.642.68$182,304
Nov 20204,2475,62538.772.71$179,881
Oct 20205,2336,30136.972.48$209,081
Sep 20204,7966,48637.091.99$190,798
Aug 20204,9428,69539.982.39$218,320
Jul 20206,6662,98538.371.83$261,222
Jun 20203,38812034.901.69$118,444
May 20200016.921.81$0
Apr 20204,8576,78114.751.80$83,876
Mar 20207,6329,77430.341.86$249,698
Feb 20206,8595,37949.881.98$352,781
Jan 20207,3498,00457.252.09$437,497
Dec 201914,01515,83159.012.30$863,505
Nov 201917,20113,11655.302.75$987,293
Oct 20197,3475,32253.472.42$405,716

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                1,280 bbl  × $106.41 =   $136,205
Casinghead gas     1,656 Mcf  × $  3.05 =     $5,044

────────────────────────────────────────────────────
Month total                                 $141,249

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/53997 is the state's own key, not one this site invented.