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BANAY AD

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 54145District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$16.5 M
Oct 2019 – May 2026
Value, last 12 filed months
$280 k
at the published price for each month
Months reported
80
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
OilDisposition209,447 bbl$12,689,694
Casinghead gasProduction1,033,197 Mcf$3,832,895
Total$16,522,589

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 31.6827, -102.2352. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.68268, -102.23524 · 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
9,581 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 9,581 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-3294313405WB9,581 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 20263902,984106.413.05$50,589
Apr 20261732,65798.932.87$24,740
Mar 20262242,53389.753.15$28,082
Feb 20263234663.503.75$3,330
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202540058.593.93$2,344
Oct 20251462,95659.383.30$18,439
Sep 20253962,98562.743.08$34,030
Aug 202536136063.933.01$24,164
Jul 20254554,11866.743.32$44,019
Jun 20254526,60366.483.13$50,708
May 20253104,22760.553.23$32,434
Apr 20252532,97762.363.54$26,325
Mar 20252167,24267.704.27$45,534
Feb 20251114,03270.884.34$25,370
Jan 20251443,28074.324.28$24,736
Dec 20242142,42168.993.12$22,321
Nov 2024054169.052.20$1,189
Oct 20240371.372.28$7
Sep 2024019769.612.36$466
Aug 2024116075.632.06$8,773
Jul 20244271,60279.932.15$37,569
Jun 202499314,35078.082.63$115,331
May 202478911,31578.812.20$87,056
Apr 202424310,42984.451.66$37,825
Mar 20241,28923,73180.301.55$140,174
Feb 20241,20423,48276.091.78$133,496
Jan 20241,40823,76573.023.30$181,181
Dec 20231,53023,02371.262.61$169,134
Nov 20231,54119,97577.892.81$176,110
Oct 20231,69918,99885.443.09$203,815
Sep 20231,41621,18989.042.74$184,033
Aug 20231,40419,92780.522.67$166,313
Jul 20231,05321,25974.852.64$134,979
Jun 20231,19821,55068.962.26$131,284
May 20232,36720,36370.622.23$212,514
Apr 20232,30021,91678.122.24$228,719
Mar 20232,24922,60172.852.39$217,927
Feb 20231,97111,61775.112.47$176,686
Jan 20232,32014,49576.533.39$226,655
Dec 20222,06517,60176.415.73$258,624
Nov 20221,93813,26985.005.65$239,649
Oct 20221,74613,37387.185.86$230,632
Sep 20221,91116,59384.888.16$297,666
Aug 20221,99517,47794.529.13$348,083
Jul 20222,13918,704101.587.54$358,347
Jun 20222,71622,952115.097.98$495,677
May 20222,29326,185109.378.43$471,605
Apr 20222,11225,694104.226.84$395,798
Mar 20222,37823,994108.885.08$380,720
Feb 20222,19616,00891.054.86$277,726
Jan 20222,34616,33481.844.54$266,115
Dec 20212,45917,49471.323.90$243,587
Nov 20212,8245,21977.435.24$245,993
Oct 20212,65023,05379.795.71$343,165
Sep 20212,95519,45469.865.35$310,533
Aug 20213,16218,36666.024.22$286,271
Jul 20213,06217,89870.783.98$288,000
Jun 20213,05420,33669.493.38$280,971
May 20213,17516,54663.483.02$251,479
Apr 20212,84015,10560.362.76$213,088
Mar 20213,50116,99861.302.72$260,794
Feb 20212,0657,63657.805.55$161,721
Jan 20213,76414,34450.412.81$230,054
Dec 20203,55014,26644.642.68$196,640
Nov 20204,36318,33338.772.71$218,773
Oct 20204,23616,13036.972.48$196,582
Sep 20204,20615,90637.091.99$187,670
Aug 20205,18217,24739.982.39$248,312
Jul 20207,04117,69538.371.83$302,459
Jun 20205,8414,46434.901.69$211,396
May 20200016.921.81$0
Apr 20206,47818,58414.751.80$129,083
Mar 20206,17713,97530.341.86$213,351
Feb 20204,3806,29549.881.98$230,943
Jan 202010,31524,61157.252.09$642,087
Dec 201914,59517,26259.012.30$901,029
Nov 201922,89317,73555.302.75$1,314,767
Oct 201917,41014,01253.472.42$964,801

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                  390 bbl  × $106.41 =    $41,500
Casinghead gas     2,984 Mcf  × $  3.05 =     $9,089

────────────────────────────────────────────────────
Month total                                  $50,589

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/54145 is the state's own key, not one this site invented.