BANAY AC
BANAY AC is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Summit Petroleum Llc. It has 1 wellbore on file with the Commission. Reported production runs from August 2016 to August 2026, totalling 212,866 barrels. The lease is shut in. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $161, with roughly $30 expected over the next twelve months.
| Operator | Summit Petroleum Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 48383 |
| Wellbores | 1 |
| Reported production | 212,866 bbl |
| First reported | August 2016 |
| Last reported | August 2026 |
| Estimated royalty value | $161 |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.