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Producing

BANAY AC

Banay Ac is an oil lease in Midland County, Texas, operated by Summit Petroleum LLC in the Spraberry (Trend Area) field.

1 well

2,725bbl oil, last 12 months−83% vs prior year
RRC lease
08-48383

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
9,516 mcf
Oil in Jul 2026
3 bbl

Production by month

Oil output fell 83% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 83% over the last 12 monthsMonthly oil production and gas for BANAY AC, Aug 2023 to Jul 2026. Oil output fell 83% over the last 12 months. 2,725 bbl in the 12 months through Jul 2026, against 16,171 bbl in the 12 months before.Last 12 months: 2,725 bblbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 83% over the last 12 monthsMonthly oil production and gas for BANAY AC, Aug 2023 to Jul 2026. Oil output fell 83% over the last 12 months. 2,725 bbl in the 12 months through Jul 2026, against 16,171 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001,0001,0002,0001,5003,0002,0004,0002,5005,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jun 2024 the lease's gas goes to a transmission line instead of a processing plant

Flaring peaked at 10.7% of the gas in Jan 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Jun 2024 the lease's gas goes to a transmission line instead of a processing plantShare of BANAY AC gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 10.7% of the gas in Jan 2025.Share of the lease’s gas by disposition code, per month0%50%100%Jun 2024: plant to lineFlared 10.7%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jun 2024 the lease's gas goes to a transmission line instead of a processing plantShare of BANAY AC gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 10.7% of the gas in Jan 2025.Share of gas by disposition code0%50%100%Jun 24: plant to lineFlared 10.7%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    97% · 16,423 mcf

  • Flared (4)

    2.4% · 406 mcf

  • Lease fuel (1)

    0.6% · 107 mcf

2.4% of the gas flared in the last 12 months. 7 months above 3%.

1 well on this lease

Wells on BANAY AC
API numberWell no.Status
42-329-4081304LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Feb 1, 2021–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Aug 1, 2024–
Etc South Permian Midstream LLCCasinghead gasBuys100Aug 1, 2024Mar 1, 2026
Wtg South Permian Midstream LLCCasinghead gasGathers100Feb 1, 2021Aug 1, 2024
Wtg South Permian Midstream LLCCasinghead gasBuys100Feb 1, 2021Aug 1, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Aug 13, 2016Feb 1, 2021
Wtg Gas Processing, L.p.Casinghead gasBuys100Aug 13, 2016Feb 1, 2021
Plains Marketing, L.p.OilGathers50Aug 13, 2016Feb 1, 2021

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

2,280.40 acres on the newest permit

Permits for Banay Ac
API numberWell no.Acreson the permit
42-329-4081304LS2,280.40

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Estimate your royalty

36 months, newest first

Ledger for BANAY AC
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20263318180$80.46$2.89
Jun 202611000$84.81$3.15
May 202600000$102.13$2.94
Apr 202600000$100.32$2.77
Mar 202600000$91.38$3.04
Feb 20261010000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500000$57.97$4.26
Nov 202500000$60.06$3.79
Oct 20252683564834710$60.89$3.19
Sep 20251,2291,2254,6914,6910$63.96$2.97
Aug 20251,2141,2484,3244,191133$64.86$2.91
Jul 20251,2261,1081,6171,6125$68.39$3.20
Jun 20253986044194190$68.17$3.02
May 20251,6591,60299091179$62.17$3.12
Apr 20251,1091,01785578966$63.54$3.42
Mar 20251,0811,1541,4311,38316$68.24$4.12
Feb 20259921,09740636726$71.53$4.19
Jan 20251,2161,18075565281$75.74$4.13
Dec 20241,6091,5209479190$70.12$3.01
Nov 20241,6411,7207457243$69.95$2.12
Oct 20242,1962,18082374457$71.99$2.20
Sep 20241,8741,8484634630$70.24$2.28
Aug 20241,1701,1285145140$76.68$1.99
Jul 202453643114140$81.80$2.07
Jun 20243165110$79.77$2.54
May 2024141107000$80.02$2.12
Apr 202400990$85.35$1.60
Mar 20243093321,9671,92627$81.28$1.49
Feb 20244184151,3971,30680$77.25$1.72
Jan 20247527657837760$74.15$3.18
Dec 20235215275215170$71.90$2.52
Nov 20237177051,1501,1400$77.69$2.71
Oct 20233904131,4981,4850$85.64$2.98
Sep 20237467041,1861,15828$89.43$2.64
Aug 2023921386546540$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

Summit Petroleum LLC in Midland County

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Spraberry (Trend Area) field

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