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BANAY AE

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

1 well

2,634bbl oil, last 12 months−59% vs prior year
Operator
Summit Petroleum LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-54730

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
7,239 mcf
Oil in Jul 2026
604 bbl

Production by month

Oil output fell 59% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 59% over the last 12 monthsMonthly oil production and gas for BANAY AE, Aug 2023 to Jul 2026. Oil output fell 59% over the last 12 months. 2,634 bbl in the 12 months through Jul 2026, against 6,459 bbl in the 12 months before.Last 12 months: 2,634 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 59% over the last 12 monthsMonthly oil production and gas for BANAY AE, Aug 2023 to Jul 2026. Oil output fell 59% over the last 12 months. 2,634 bbl in the 12 months through Jul 2026, against 6,459 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020k2,50025kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

Flaring peaked at 19.9% of the gas in Aug 2025.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since May 2024 the lease's gas goes to a transmission line instead of a processing plantShare of BANAY AE gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 19.9% of the gas in Aug 2025.Share of the lease’s gas by disposition code, per month0%50%100%May 2024: plant to lineFlared 19.9%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2024 the lease's gas goes to a transmission line instead of a processing plantShare of BANAY AE gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2024 the lease's gas goes to a transmission line instead of a processing plant. Flaring peaked at 19.9% of the gas in Aug 2025.Share of gas by disposition code0%50%100%May 24: plant to lineFlared 19.9%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    96% · 20,293 mcf

  • Flared (4)

    3.1% · 661 mcf

  • Lease fuel (1)

    0.6% · 127 mcf

3.1% of the gas flared in the last 12 months. 7 months above 3%.

1 well on this lease

Wells on BANAY AE
API numberWell no.Status
42-329-4314507WBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Nov 1, 2019–
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 gasGathers100Nov 1, 2019Feb 1, 2021
Wtg Gas Processing, L.p.Casinghead gasBuys100Nov 1, 2019Feb 1, 2021

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

Who buys my oilOil price check

2,280.40 acres on the newest permit

An allocation well is on this lease

Permits for Banay Ae
API numberWell no.Acreson the permit
42-329-4314507WB2,280.40

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

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36 months, newest first

Ledger for BANAY AE
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20266045115945940$80.46$2.89
Jun 20261531401,8641,8640$84.81$3.15
May 202629734588882068$102.13$2.94
Apr 20265184682,0932,02073$100.32$2.77
Mar 202600000$91.38$3.04
Feb 202600000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500000$57.97$4.26
Nov 2025043000$60.06$3.79
Oct 20251851961,3471,2670$60.89$3.19
Sep 20255104851861860$63.96$2.97
Aug 202536738326721453$64.86$2.91
Jul 20252942494524520$68.39$3.20
Jun 2025112,0492,01336$68.17$3.02
May 20258008477,8287,452376$62.17$3.12
Apr 20254374761,5451,51134$63.54$3.42
Mar 20251,2911,7891,9681,90021$68.24$4.12
Feb 20251,2127861,0259951$71.53$4.19
Jan 20258488103,5763,188278$75.74$4.13
Dec 20249318934,2154,0910$70.12$3.01
Nov 20244984343,4273,30340$69.95$2.12
Oct 20241471292502370$71.99$2.20
Sep 202400000$70.24$2.28
Aug 202400000$76.68$1.99
Jul 202468111000$81.80$2.07
Jun 20248308243,6073,215392$79.77$2.54
May 20243593611381380$80.02$2.12
Apr 2024107122000$85.35$1.60
Mar 20241,1931,21517,73717,364243$81.28$1.49
Feb 20241,4161,38117,69816,5401,015$77.25$1.72
Jan 20241,4891,55415,75315,6130$74.15$3.18
Dec 20231,7171,70920,48820,3150$71.90$2.52
Nov 20231,7951,81218,41018,2500$77.69$2.71
Oct 20231,7631,74018,75918,6000$85.64$2.98
Sep 20231,3151,31017,40116,995406$89.43$2.64
Aug 20231,6071,61019,57519,5750$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

This lease belongs to

OperatorSummit Petroleum LLCFieldSpraberry (Trend Area)CountyMidland County

Summit Petroleum LLC in Midland County

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Spraberry (Trend Area) field

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