BANNER ESTATE

Operated by MOBIL PRODUCING TX. & N.M. INC. (P-5 572550) in the BROWN-BASSETT (SILURIAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 160921District 7CField 12390500Hydrogen sulphide fieldGasSaveExport
Value, all time
$917 k
Nov 1996 – Jan 2002
Value, last 12 filed months
$118 k
at the published price for each month
Months reported
63
no gaps in the span
Streams
1
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 13 leases and 13 wells, and the rule below applies to all of them.

Discovered
1958-02-25
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2002-10-21.

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: FROM THE LONGEST HORIZ DRAINHOLE

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
GasProduction355,435 Mcf$917,206
Total$917,206

33,276 Mcf of this lease's gas, across 2 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 30.3201, -101.7539. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.32007, -101.75387 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,840 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
1100.0%
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.
00.0%

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 12,840 ft.

Completions filed
Jan 2002
1 of 1 wells

1 well

42-4433063413-L12,840 ftJan 2002Yes

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 (63)

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

63 months

Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 20011,41618.072.41$3,406
Oct 20013,06219.782.53$7,743
Sep 20013,44624.262.25$7,758
Aug 20013,23624.873.05$9,880
Jul 20013,77923.933.20$12,082
Jun 20013,15624.563.82$12,069
May 20013,96425.524.31$17,074
Apr 20012,80524.685.34$14,966
Mar 20013,04624.545.38$16,377
Feb 20012,95027.755.77$17,013
Jan 20013,75427.478.40$31,529
Dec 20004,02626.889.12$36,727
Nov 20002,90532.215.66$16,436
Oct 20003,13931.235.15$16,152
Sep 20003,24831.875.19$16,846
Aug 20003,83529.644.54$17,414
Jul 20004,09128.534.09$16,731
Jun 20003,08929.304.40$13,583
May 20002,94527.263.68$10,837
Apr 20003,97524.513.12$12,386
Mar 20003,73428.422.86$10,678
Feb 20003,89027.622.73$10,606
Jan 20004,45625.272.48$11,053
Dec 19994,39024.282.42$10,640
Nov 19994,33423.192.43$10,549
Oct 19994,77620.982.80$13,391
Sep 19994,02921.752.62$10,551
Aug 19994,71019.262.88$13,544
Jul 19994,65517.892.37$11,043
Jun 19994,64715.942.36$10,977
May 19994,93615.792.32$11,457
Apr 19994,88615.102.21$10,789
Mar 19994,96812.471.84$9,133
Feb 19995,0159.981.82$9,116
Jan 19996,89210.381.90$13,094
Dec 19986,8379.201.77$12,124
Nov 19985,68210.892.19$12,419
Oct 19986,04712.421.97$11,908
Sep 19985,94212.592.08$12,375
Aug 19986,85711.301.91$13,079
Jul 19986,12511.742.24$13,703
Jun 19986,33411.242.24$14,171
May 19985,72412.622.21$12,629
Apr 19986,62213.042.51$16,590
Mar 19986,35512.802.31$14,676
Feb 19986,61813.952.30$15,216
Jan 19986,64014.702.15$14,308
Dec 19977,52016.322.41$18,131
Nov 19977,18218.193.09$22,180
Oct 19977,71819.253.15$24,310
Sep 19978,04617.742.95$23,775
Aug 19978,37617.862.55$21,399
Jul 19979,73317.582.25$21,869
Jun 19979,20817.242.26$20,784
May 19979,38818.972.31$21,672
Apr 19979,43317.882.08$19,647
Mar 199711,07118.951.94$21,468
Feb 199710,91520.492.21$24,077
Jan 199711,60123.483.54$41,064
Dec 199614,64623.32$0
Nov 199618,63021.97$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.

Nov 2001 — as filed, then multipliedworked
Gas                1,416 Mcf  × $  2.41 =     $3,406

────────────────────────────────────────────────────
Month total                                   $3,406

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. 7C/G/160921 is the state's own key, not one this site invented.