BANAY BF
BANAY BF 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 June 2019 to August 2026, totalling 368,779 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 $2.8M, with roughly $946K 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 1,521 barrels a month. Its strongest month on the record we hold was August 2019, at 24,189 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 BF
- Who operates BANAY BF?
- BANAY BF is operated by Summit Petroleum LLC, Railroad Commission of Texas operator number 829221.
- Where is BANAY BF?
- BANAY BF is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 52678.
- Is BANAY BF still producing?
- BANAY BF is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BANAY BF is August 2026.
- How much has BANAY BF produced?
- BANAY BF has reported 368,779 barrels of oil (bbl) to the Railroad Commission of Texas between June 2019 and August 2026, from 1 wellbore.
- How much is BANAY BF worth?
- The remaining production from BANAY BF is estimated to be worth about $2.8M in total as of 26 August 2026, within a range of $2.3M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BANAY BF is a fraction of it. The estimate fits an Arps decline curve to the production BANAY BF has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BANAY BF is an estimate of value, not an offer and not an appraisal.
- How much income does BANAY BF generate in a year?
- BANAY BF is forecast to net about $946K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BANAY BF 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 | 52678 |
| Wellbores | 1 |
| Reported production | 368,779 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.8M |
Where BANAY BF 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.