BANAY AE

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 54730District 08Field 85280300OilCasinghead gasSaveExport
Value, all time
$16.5 M
Oct 2019 – May 2026
Value, last 12 filed months
$191 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
OilDisposition210,957 bbl$12,910,917
Casinghead gasProduction919,671 Mcf$3,633,847
Total$16,544,764

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 31.6835, -102.2325. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.68353, -102.23250 · 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
9,575 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 9,575 ft.

Completions filed
Oct 2019
1 of 1 wells

1 well

42-3294314507WB9,575 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 2026345888106.413.05$39,416
Apr 20264682,09398.932.87$52,306
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202543058.593.93$2,519
Oct 20251961,34759.383.30$16,090
Sep 202548518662.743.08$31,001
Aug 202538326763.933.01$25,290
Jul 202524945266.743.32$18,117
Jun 202512,04966.483.13$6,477
May 20258477,82860.553.23$76,588
Apr 20254761,54562.363.54$35,157
Mar 20251,7891,96867.704.27$129,515
Feb 20257861,02570.884.34$60,161
Jan 20258103,57674.324.28$75,500
Dec 20248934,21568.993.12$74,765
Nov 20244343,42769.052.20$37,502
Oct 202412925071.372.28$9,777
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024111079.932.15$8,872
Jun 20248243,60778.082.63$73,839
May 202436113878.812.20$28,754
Apr 2024122084.451.66$10,303
Mar 20241,21517,73780.301.55$124,970
Feb 20241,38117,69876.091.78$136,647
Jan 20241,55415,75373.023.30$165,421
Dec 20231,70920,48871.262.61$175,272
Nov 20231,81218,41077.892.81$192,824
Oct 20231,74018,75985.443.09$206,580
Sep 20231,31017,40189.042.74$164,235
Aug 20231,61019,57580.522.67$181,959
Jul 20231,66817,60774.852.64$171,364
Jun 20232,52115,69168.962.26$209,286
May 20232,32718,37270.622.23$205,255
Apr 20232,22118,19078.122.24$214,209
Mar 20232,34519,49772.852.39$217,493
Feb 20232,41412,10075.112.47$211,150
Jan 20232,23111,63576.533.39$210,155
Dec 20222,08715,26976.415.73$246,945
Nov 20222,52818,29585.005.65$318,177
Oct 20222,28022,80787.185.86$332,505
Sep 20222,94324,98984.888.16$453,804
Aug 20222,91125,11694.529.13$504,385
Jul 20222,47321,983101.587.54$417,005
Jun 20222,28218,150115.097.98$407,422
May 20222,51118,914109.378.43$434,131
Apr 20222,27317,639104.226.84$357,500
Mar 20222,25917,542108.885.08$335,010
Feb 20222,02413,14891.054.86$248,169
Jan 20222,35818,24281.844.54$275,755
Dec 20212,36822,94971.323.90$258,367
Nov 20212,46731,24477.435.24$354,640
Oct 20211,99520,69879.795.71$277,447
Sep 20212,58522,47669.865.35$300,855
Aug 20212,95616,67966.024.22$265,550
Jul 20212,80416,10970.783.98$262,614
Jun 20212,87815,79869.493.38$253,399
May 20213,07415,06163.483.02$240,587
Apr 20213,58913,34260.362.76$253,435
Mar 20214,3729,21061.302.72$293,027
Feb 20212,7826,18457.805.55$195,108
Jan 20214,51410,70950.412.81$257,646
Dec 20204,35414,84644.642.68$234,082
Nov 20204,61817,50438.772.71$226,416
Oct 20205,04118,14636.972.48$231,339
Sep 20205,95917,54937.091.99$255,960
Aug 20207,76316,48339.982.39$349,678
Jul 20204,8873,75838.371.83$194,373
Jun 20205,5846,69734.901.69$206,202
May 20200016.921.81$0
Apr 20205,50911,09314.751.80$101,274
Mar 20207,87416,95130.341.86$270,362
Feb 20208,44511,71049.881.98$444,430
Jan 202014,66124,77957.252.09$891,248
Dec 201922,54725,84459.012.30$1,390,052
Nov 201910,2747,91655.302.75$589,927
Oct 20193186853.472.42$17,168

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                  345 bbl  × $106.41 =    $36,711
Casinghead gas       888 Mcf  × $  3.05 =     $2,705

────────────────────────────────────────────────────
Month total                                  $39,416

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/54730 is the state's own key, not one this site invented.