BANAY BB
BANAY BB 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 December 2018 to August 2026, totalling 326,591 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $2.6M, with roughly $492K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 384 barrels a month. Its strongest month on the record we hold was March 2019, at 32,497 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about BANAY BB
- Who operates BANAY BB?
- BANAY BB is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is BANAY BB?
- BANAY BB is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52033.
- Is BANAY BB still producing?
- BANAY BB is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BANAY BB is August 2026.
- How much has BANAY BB produced?
- BANAY BB has reported 326,591 barrels of oil (bbl) to the Railroad Commission of Texas between December 2018 and August 2026, from 1 wellbore.
- How much is BANAY BB worth?
- The remaining production from BANAY BB is estimated to be worth about $2.6M in total as of 26 August 2026, within a range of $2.0M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BANAY BB is a fraction of it. The estimate fits an Arps decline curve to the production BANAY BB has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BANAY BB is an estimate of value, not an offer and not an appraisal.
- How much income does BANAY BB generate in a year?
- BANAY BB is forecast to net about $492K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BANAY BB receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Summit Petroleum LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 52033 |
| Wellbores | 1 |
| Reported production | 326,591 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.6M |
Where BANAY BB sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.