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BANAY AG

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

1 well

32,163bbl oil, last 12 months+350% vs prior year
Operator
Summit Petroleum LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-53765

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County
Gas, last 12 months
30,325 mcf
Oil in Jul 2026
2,560 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC SOUTH PERMIAN MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output rose 350% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 350% over the last 12 monthsMonthly oil production and gas for BANAY AG, Aug 2023 to Jul 2026. Oil output rose 350% over the last 12 months. 32,163 bbl in the 12 months through Jul 2026, against 7,152 bbl in the 12 months before.Last 12 months: 32,163 bblbbl per monthmcf per month002,5002,5005,0005,0007,5007,50010k10kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 350% over the last 12 monthsMonthly oil production and gas for BANAY AG, Aug 2023 to Jul 2026. Oil output rose 350% over the last 12 months. 32,163 bbl in the 12 months through Jul 2026, against 7,152 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,5002,5005,0005,0007,5007,50010k10kJan 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 20.6% of the gas in Mar 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 AG 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 20.6% of the gas in Mar 2025.Share of the lease’s gas by disposition code, per month0%50%100%May 2024: plant to lineFlared 20.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2024 the lease's gas goes to a transmission line instead of a processing plantShare of BANAY AG 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 20.6% of the gas in Mar 2025.Share of gas by disposition code0%50%100%May 24: plant to lineFlared 20.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    97% · 35,801 mcf

  • Flared (4)

    2.4% · 894 mcf

  • Lease fuel (1)

    0.1% · 32 mcf

2.4% of the gas flared in the last 12 months. 9 months above 3%.

1 well on this lease

Wells on BANAY AG
API numberWell no.Status
42-329-4314711LSActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.OilGathers100Nov 12, 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 12, 2019Feb 1, 2021
Wtg Gas Processing, L.p.Casinghead gasBuys100Nov 12, 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

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Banay Ag
API numberWell no.Acreson the permit
42-329-4314711LS2,280.40

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for BANAY AG
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20262,5602,5185,1005,1000$80.46$2.89
Jun 20264,2414,1997,4317,4310$84.81$3.15
May 20267,4237,9248,1497,942207$102.13$2.94
Apr 20269,0098,8636,1735,956217$100.32$2.77
Mar 20265,4745,1483,0122,96745$91.38$3.04
Feb 2026534225000$64.51$3.62
Jan 202600000$60.04$7.72
Dec 202500000$57.97$4.26
Nov 20250133000$60.06$3.79
Oct 202550647899940$60.89$3.19
Sep 20251,2711,242000$63.96$2.97
Aug 20251,1451,18336128774$64.86$2.91
Jul 20251,2391,2551,6611,57487$68.39$3.20
Jun 20251,1361,10764461034$68.17$3.02
May 20257286192932930$62.17$3.12
Apr 2025002,7762,75818$63.54$3.42
Mar 20253785131,028789212$68.24$4.12
Feb 20251,0381,1313,9043,539236$71.53$4.19
Jan 20251,2191,1641,2081,035134$75.74$4.13
Dec 20247125801,1371,1030$70.12$3.01
Nov 20245685791,3581,3176$69.95$2.12
Oct 2024118661471400$71.99$2.20
Sep 202400000$70.24$2.28
Aug 20241634102966$76.68$1.99
Jul 20241261213853850$81.80$2.07
Jun 202443301,0691,0690$79.77$2.54
May 20242513772912910$80.02$2.12
Apr 20244293901621620$85.35$1.60
Mar 20241,9181,9453,2323,16444$81.28$1.49
Feb 20242,1312,0843,9363,678226$77.25$1.72
Jan 20242,4792,5363,9293,8940$74.15$3.18
Dec 20232,0081,9914,0474,0130$71.90$2.52
Nov 20231,9581,9911,9961,9790$77.69$2.71
Oct 20232,1042,0999759670$85.64$2.98
Sep 20231,9441,9282,5262,46759$89.43$2.64
Aug 20232,2252,2104,6254,6250$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 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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