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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 52678

Producing

BANAY BF

Banay BF is an oil lease in Midland County, Texas, operated by Summit Petroleum LLC in the Spraberry (Trend Area) field. The Railroad Commission shows 16,633 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 1 well

16,633bbl oil, last 12 months−19% vs prior year
Operator
Summit Petroleum LLC
County
Midland County
Field
Spraberry (Trend Area)
RRC lease
08-52678

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Where it sits

This county

Midland CountyMidlandMartinAndrewsGlasscockHowardEctorMidland County
Midland County · RRC district 08Open Midland County →
Gas, last 12 months
18,946 mcf
Oil in Jul 2026
1,231 bbl
Reporting to the state
since Jan 2020
Wells
1

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 19% over the last 12 months

16,633 bbl in the 12 months through Jul 2026, against 20,652 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for BANAY BF, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 16,633 bbl in the 12 months through Jul 2026, against 20,652 bbl in the 12 months before.Last 12 months: 16,633 bblbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for BANAY BF, Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 16,633 bbl in the 12 months through Jul 2026, against 20,652 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month001,0002,0002,0004,0003,0006,0004,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 52678, district 08. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

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

Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 21.6% of the gas in Mar 2026.

  • 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 BF 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. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 21.6% of the gas in Mar 2026.Share of the lease’s gas by disposition code, per month0%50%100%May 2024: plant to lineFlared 21.6%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2024 the lease's gas goes to a transmission line instead of a processing plantShare of BANAY BF 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. Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not. Flaring peaked at 21.6% of the gas in Mar 2026.Share of gas by disposition code0%50%100%May 24: plant to lineFlared 21.6%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 52678, district 08. Reported through Jul 2026.

Processing plant (3)

Sent to a gas plant that pulls out natural gas liquids. Your statement should show plant products, and may show processing fees.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

Lease fuel (1)

Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 0.9% of the gas was flared. 6 months went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Summit Petroleum LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeSummit Petroleum LLC, Jan 2020 to Jul 20262020202120222023202420252026Summit Petroleum LLCJan 2020 to nowthrough Jul 2026
Operators of this lease over timeSummit Petroleum LLC, Jan 2020 to Jul 20262020202120222023202420252026Summit Petroleum LLCJan 2020 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 52678 in district 08. The API number is the state’s ID for a well.
Wells on BANAY BF
API numberWell no.Status
42-329-4205612LSActive

SourceTexas Railroad Commission Wellbore Query, district 08, lease 52678.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Plains Marketing, L.p. gathers it.

    100% of it, on the list since Jun 1, 2019

  • Gas from oil wells

    Et Gathering & Processing LLC buys it; Energy Transfer Company gathers it.

    Et Gathering & Processing LLC buys it: 100% of it, on the list since Mar 1, 2026 · Energy Transfer Company gathers it: 100% of it, on the list since Aug 1, 2024

Companies that used to be listed: Etc South Permian Midstream LLC (buys it, until Mar 1, 2026); Wtg South Permian Midstream LLC (gathers it, until Aug 1, 2024); Wtg South Permian Midstream LLC (buys it, until Aug 1, 2024); Wtg Gas Processing, L.p. (gathers it, until Feb 1, 2021); Wtg Gas Processing, L.p. (buys it, until Feb 1, 2021).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

2,280.40 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
11 not plugged
Horizontal
1
First completion
Jun 1, 2019
Latest permit
Nov 8, 2017

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.

Wells and acres on the permits for Banay BF
API numberWell no.Acreson the permit
42-329-4205612LS2,280.40

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says BANAY BF sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for BANAY BF
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Summit Petroleum1,2311,2081,2511,1100$80.46$2.89
Jun 2026Summit Petroleum1,2151,2051,5121,3610$84.81$3.15
May 2026Summit Petroleum1,4291,4461,5421,3920$102.13$2.94
Apr 2026Summit Petroleum1,4561,4799157820$100.32$2.77
Mar 2026Summit Petroleum1,7541,72942127591$91.38$3.04
Feb 2026Summit Petroleum1,3101,3295815020$64.51$3.62
Jan 2026Summit Petroleum1,3231,2961,5461,5200$60.04$7.72
Dec 2025Summit Petroleum1,4461,5184754240$57.97$4.26
Nov 2025Summit Petroleum1,3131,2681,9001,6921$60.06$3.79
Oct 2025Summit Petroleum1,2041,3072,0391,8260$60.89$3.19
Sep 2025Summit Petroleum1,2921,1642,8752,55516$63.96$2.97
Aug 2025Summit Petroleum1,6601,6753,8893,47866$64.86$2.91
Jul 2025Summit Petroleum1,8291,9166,6215,91176$68.39$3.20
Jun 2025Summit Petroleum1,8771,7935,7615,076185$68.17$3.02
May 2025Summit Petroleum1,7911,7775,7535,16697$62.17$3.12
Apr 2025Summit Petroleum1,7901,8425,0534,294256$63.54$3.42
Mar 2025Summit Petroleum1,8251,8044,7204,085139$68.24$4.12
Feb 2025Summit Petroleum1,7581,7592,5432,063196$71.53$4.19
Jan 2025Summit Petroleum1,7441,7664,9664,194253$75.74$4.13
Dec 2024Summit Petroleum1,6001,5545,0694,4960$70.12$3.01
Nov 2024Summit Petroleum1,0961,1133,2632,8570$69.95$2.12
Oct 2024Summit Petroleum1,7351,7206,5245,439561$71.99$2.20
Sep 2024Summit Petroleum1,7131,7066,1575,7890$70.24$2.28
Aug 2024Summit Petroleum1,8941,8555,5835,20123$76.68$1.99
Jul 2024Summit Petroleum1,8881,9271,1501,0680$81.80$2.07
Jun 2024Summit Petroleum2,1152,1526976542$79.77$2.54
May 2024Summit Petroleum2,4922,4942602310$80.02$2.12
Apr 2024Summit Petroleum2,1962,1651711700$85.35$1.60
Mar 2024Summit Petroleum2,6532,6284154085$81.28$1.49
Feb 2024Summit Petroleum2,0962,0941,9071,7970$77.25$1.72
Jan 2024Summit Petroleum2,5752,5691,6881,6790$74.15$3.18
Dec 2023Summit Petroleum2,2642,2834854800$71.90$2.52
Nov 2023Summit Petroleum2,3322,403000$77.69$2.71
Oct 2023Summit Petroleum2,6452,5541011000$85.64$2.98
Sep 2023Summit Petroleum2,3892,4121021002$89.43$2.64
Aug 2023Summit Petroleum2,7962,77130300$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Upload your statements for BANAY BF. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Summit Petroleum LLC.

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorSummit Petroleum LLCFieldSpraberry (Trend Area)CountyMidland County

Summit Petroleum LLC in Midland County

All Summit Petroleum LLC leases →

Spraberry (Trend Area) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

  • BANAY BE

    22,206 bbl last 12 months · 0 km away

  • BANAY BD

    23,284 bbl last 12 months · 0 km away

  • BANAY BC

    18,018 bbl last 12 months · 0.2 km away

  • BANAY BB

    4,947 bbl last 12 months · 0.2 km away

  • BANAY BA

    2,246 bbl last 12 months · 0.2 km away

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 52678, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.

FAQ

Questions about BANAY BF

Who operates the BANAY BF lease?

The Railroad Commission lists Summit Petroleum LLC (operator number 829221) as the operator of this lease in Midland County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the BANAY BF lease produced?

The lease reported 16,633 bbl of oil and 18,946 mcf of gas in the last 12 months through Jul 2026. Monthly figures for 36 months are in the ledger on this page, taken from the Railroad Commission's production data.

Does this page show who owns the royalty?

No. Railroad Commission records show who operates a lease and what it reported, not who owns the minerals or receives royalty. Your division order and royalty stub name the lease and your decimal interest.

How do I check my royalty stub against this lease?

Multiply the lease's volume for a month by your decimal interest and compare it with the barrels and mcf on your stub for the same month. The two are seldom identical, since sales and reporting months can differ, but a large gap is worth a question to the operator.

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