BANNER 57-1-21

Operated by ANADARKO E&P ONSHORE LLC (P-5 20528) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 279043District 08Field 71052900Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$45.7 M
Dec 2014 – May 2026
Value, last 12 filed months
$2.1 M
at the published price for each month
Months reported
138
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 7,755 leases and 10,539 wells, and the rule below applies to all of them.

Discovered
1983-06-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2017-08-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: FOR THE FOLLOWING API 389-37515.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112017-10-30221065
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition653,097 bbl$38,662,331
GasProduction2,144,342 Mcf$7,042,529
Total$45,704,860

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.9424, -103.9726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94243, -103.97259 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,014 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,014 ft.

Completions filed
Dec 2016
1 of 1 wells

1 well

42-389345642H10,014 ftDec 2016

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (138)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

138 months

May 20261,8618,822106.413.05$224,899
Apr 20261,3717,85798.932.87$158,180
Mar 20261,99010,70589.753.15$212,317
Feb 20261,9029,84063.503.75$157,680
Jan 20262,0369,89459.138.00$199,520
Dec 20251,8267,42956.664.41$136,248
Nov 20251,9059,72758.593.93$149,806
Oct 20252,46212,26959.383.30$186,741
Sep 20252,18510,94262.743.08$170,755
Aug 20252,24010,50963.933.01$174,885
Jul 20252,4348,92966.743.32$192,047
Jun 20251,6474,72866.483.13$124,285
May 20252,61310,23660.553.23$191,303
Apr 20253,10411,50562.363.54$234,329
Mar 20253,53014,51067.704.27$300,914
Feb 20252,4795,15170.884.34$198,071
Jan 20253,22311,09674.324.28$287,010
Dec 20243,35011,41668.993.12$266,750
Nov 20243,09410,94869.052.20$237,709
Oct 20243,29412,88271.372.28$264,482
Sep 20243,17811,77669.612.36$249,063
Aug 20243,04412,34675.632.06$255,695
Jul 20243,31112,64579.932.15$291,792
Jun 20243,04711,05778.082.63$267,034
May 20243,20410,23978.812.20$275,017
Apr 20243,3288,49084.451.66$295,136
Mar 20243,7499,23780.301.55$315,317
Feb 20242,9334,68776.091.78$231,532
Jan 20243,7979,25073.023.30$307,760
Dec 20233,93910,56471.262.61$308,273
Nov 20233,7417,53377.892.81$312,536
Oct 20233,5798,26285.443.09$331,297
Sep 20232,5622,76189.042.74$235,672
Aug 20231,579080.522.67$127,141
Jul 20233,56610,85774.852.64$295,597
Jun 20233,1476,90268.962.26$232,605
May 20233,4497,31570.622.23$259,862
Apr 20233,7799,25178.122.24$315,917
Mar 20234,06811,39372.852.39$323,619
Feb 20233,6099,03375.112.47$293,344
Jan 20234,08310,15176.533.39$346,861
Dec 20223,87311,63276.415.73$362,577
Nov 20223,81614,51685.005.65$406,320
Oct 20223,98316,53487.185.86$444,189
Sep 20224,88715,77084.888.16$543,550
Aug 20223,87015,01394.529.13$502,818
Jul 20224,25015,427101.587.54$548,067
Jun 20224,22414,434115.097.98$601,283
May 20224,60411,643109.378.43$601,725
Apr 20224,69311,872104.226.84$570,280
Mar 20224,79411,455108.885.08$580,121
Feb 20224,1647,88491.054.86$417,439
Jan 20224,83310,16981.844.54$441,676
Dec 20214,73210,03271.323.90$376,602
Nov 20214,84310,44477.435.24$429,687
Oct 20213,7818,44879.795.71$349,957
Sep 20215,91216,13269.865.35$499,333
Aug 20214,0879,18066.024.22$308,569
Jul 20215,46216,09070.783.98$450,672
Jun 20215,52215,56569.493.38$436,343
May 20215,30116,77663.483.02$387,132
Apr 20216,14717,78660.362.76$420,094
Mar 20216,30517,72661.302.72$434,657
Feb 20214,0628,60257.805.55$282,507
Jan 20216,45114,66850.412.81$366,416
Dec 20206,11817,66044.642.68$320,356
Nov 20206,26018,18338.772.71$291,914
Oct 20206,56320,23136.972.48$292,775
Sep 20205,92018,17837.091.99$255,766
Aug 20206,92421,39839.982.39$327,858
Jul 20206,10717,69538.371.83$266,621
Jun 20205,31917,32634.901.69$214,919
May 20206,18419,73216.921.81$140,442
Apr 20206,51021,29314.751.80$134,443
Mar 20207,48322,18630.341.86$268,217
Feb 20207,18023,06249.881.98$403,817
Jan 20208,56926,31757.252.09$545,703
Dec 20198,24626,42359.012.30$547,485
Nov 20197,72922,10155.302.75$488,207
Oct 20197,87022,80053.472.42$475,952
Sep 20191,2013555.052.66$66,208
Aug 20194,64614,19153.112.30$279,450
Jul 20194,95614,08756.272.46$313,529
Jun 20197,11222,05252.782.49$430,307
May 20199,06429,48958.482.74$610,872
Apr 20199,49432,32662.632.75$683,528
Mar 20199,67132,06856.803.06$647,508
Feb 201911,54337,74250.852.79$692,346
Jan 201911,68440,07946.033.23$667,197
Dec 201813,41543,19446.594.19$805,791
Nov 20187,75827,25552.934.24$526,117
Oct 20187,12525,31161.443.40$523,769
Sep 20188816459.543.11$5,749
Aug 20182,65610,86759.403.07$191,091
Jul 201811,68445,82765.142.93$895,455
Jun 201814,02650,26260.183.08$998,737
May 20183,43110,02665.382.90$253,402
Apr 20181,8676,00263.842.90$136,600
Mar 201813,25748,25761.222.79$946,078
Feb 201810,40837,60861.782.77$747,034
Jan 20187,79629,49262.874.01$608,377
Dec 20178,40731,31557.272.92$572,956
Nov 201711,55943,68155.423.12$776,813
Oct 201717,18164,76949.292.98$1,040,101
Sep 201715,15258,21847.523.09$899,758
Aug 201718,22673,27645.373.00$1,047,064
Jul 201723,34389,79043.873.09$1,301,264
Jun 201718,16467,62842.493.09$980,575
May 201726,71393,29045.373.26$1,516,411
Apr 201714,16849,97947.933.21$839,585
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 2017161849.413.42$852
Dec 201647051748.763.72$24,842
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate         1,861 bbl  × $106.41 =   $198,029
Gas                8,822 Mcf  × $  3.05 =    $26,870

────────────────────────────────────────────────────
Month total                                 $224,899

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 08/G/279043 is the state's own key, not one this site invented.