BANNER ESTATE

Operated by LONGFELLOW ENERGY, LP (P-5 508409) in the BROWN-BASSETT (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 223127District 7CField 123907502 tax incentive programmesCondensateGasSaveExport
Value, all time
$485 k
Oct 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
236
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 85 leases and 85 wells, and the rule below applies to all of them.

Discovered
1961-05-02
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA ADMIN.SUSPENDED EFFECTIVE 1-1-93.

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 Gas112007-11-19177150
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
CondensateDisposition3 bbl$210
GasProduction105,603 Mcf$484,527
Total$484,738

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 30.3328, -101.7652. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.33278, -101.76522 · 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
6,300 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 6,300 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-44331173546,300 ftOct 2006

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 (236)

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

236 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 2020030616.921.81$555
Apr 2020029914.751.80$540
Mar 2020031630.341.86$587
Feb 2020033649.881.98$666
Jan 2020037457.252.09$783
Dec 2019041959.012.30$966
Nov 2019040555.302.75$1,114
Oct 2019036153.472.42$873
Sep 2019036355.052.66$965
Aug 2019034053.112.30$783
Jul 2019038256.272.46$940
Jun 2019035252.782.49$877
May 2019034658.482.74$948
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 2018040652.934.24$1,720
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018034059.403.07$1,043
Jul 2018045965.142.93$1,346
Jun 2018049260.183.08$1,514
May 2018053365.382.90$1,546
Apr 2018053563.842.90$1,552
Mar 2018055461.222.79$1,544
Feb 2018036961.782.77$1,021
Jan 2018041362.874.01$1,656
Dec 2017042157.272.92$1,230
Nov 2017041455.423.12$1,291
Oct 2017048749.292.98$1,453
Sep 2017044747.523.09$1,380
Aug 2017044545.373.00$1,337
Jul 2017046143.873.09$1,423
Jun 2017045842.493.09$1,414
May 2017045145.373.26$1,472
Apr 2017048947.933.21$1,570
Mar 2017054346.772.98$1,620
Feb 2017053250.452.95$1,571
Jan 2017041449.413.42$1,415
Dec 2016082248.763.72$3,060
Nov 2016045442.492.64$1,201
Oct 2016054746.193.09$1,690
Sep 2016053041.553.10$1,643
Aug 2016053141.442.92$1,553
Jul 2016058841.622.92$1,720
Jun 2016042645.352.69$1,144
May 2016044642.521.99$888
Apr 2016044836.561.99$892
Mar 2016049833.011.79$893
Feb 2016046526.472.06$960
Jan 2016048127.352.36$1,137
Dec 2015048132.362.00$963
Nov 201501138.792.17$24
Oct 2015051443.552.43$1,247
Sep 2015047342.992.76$1,305
Aug 2015047340.162.87$1,359
Jul 2015053748.152.95$1,582
Jun 201506,27556.152.88$18,090
May 2015060955.212.96$1,800
Apr 2015048949.822.71$1,324
Mar 2015063342.892.93$1,858
Feb 2015060544.662.98$1,801
Jan 2015040843.433.10$1,265
Dec 2014052754.693.59$1,893
Nov 2014060770.464.25$2,581
Oct 2014059678.303.90$2,325
Sep 2014052786.164.05$2,132
Aug 2014058389.394.04$2,352
Jul 2014056496.564.18$2,357
Jun 2014047398.164.74$2,241
May 2014058594.734.73$2,765
Apr 2014048195.944.81$2,313
Mar 2014050995.895.06$2,574
Feb 2014048497.406.19$2,997
Jan 2014073590.404.86$3,573
Dec 2013060891.824.35$2,648
Nov 2013053788.853.74$2,007
Oct 2013061697.423.78$2,328
Sep 20130629104.113.72$2,338
Aug 20130508104.253.52$1,789
Jul 20130712102.523.72$2,647
Jun 2013067494.403.93$2,651
May 2013055894.834.15$2,315
Apr 2013048593.964.28$2,077
Mar 2013037893.623.91$1,479
Feb 2013049091.233.42$1,676
Jan 2013056591.603.42$1,932
Dec 2012058086.773.42$1,984
Nov 2012056986.953.62$2,063
Oct 2012060489.383.40$2,053
Sep 2012063994.672.92$1,865
Aug 2012053592.662.91$1,556
Jul 2012061185.133.02$1,846
Jun 2012065279.822.52$1,642
May 2012069391.612.49$1,724
Apr 20120368101.652.00$735
Mar 20120406105.052.22$902
Feb 20120640101.102.57$1,645
Jan 2012064098.092.73$1,750
Dec 2011068396.873.24$2,213
Nov 2011061595.723.31$2,036
Oct 2011060984.983.65$2,222
Sep 2011061783.623.99$2,459
Aug 2011062683.404.15$2,597
Jul 2011071194.144.52$3,212
Jun 2011062492.904.64$2,895
May 2011062998.134.40$2,771
Apr 20110622105.964.33$2,695
Mar 2011031896.364.06$1,290
Feb 2011058085.644.18$2,424
Jan 2011066986.504.59$3,070
Dec 2010068385.734.35$2,970
Nov 2010067680.843.80$2,566
Oct 2010069778.103.51$2,446
Sep 2010072872.633.98$2,897
Aug 2010074273.684.42$3,279
Jul 2010086672.554.74$4,102
Jun 2010195870.364.91$4,775
May 201001,05871.124.24$4,481
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 2010070673.585.44$3,842
Jan 2010170274.365.96$4,261
Dec 2009074771.445.48$4,096
Nov 2009069174.593.75$2,592
Oct 2009072972.544.11$2,996
Sep 2009171765.543.06$2,263
Aug 2009077367.423.22$2,488
Jul 2009086061.133.46$2,979
Jun 2009082566.163.90$3,213
May 2009090254.743.93$3,541
Apr 2009097146.773.59$3,483
Mar 2009084042.144.06$3,410
Feb 200901,22532.814.63$5,675
Jan 200901,07735.865.37$5,785
Dec 200801,07737.105.98$6,437
Nov 200801,06555.496.86$7,306
Oct 200801,12875.246.92$7,808
Sep 200801,128101.767.88$8,885
Aug 200801,095114.228.48$9,289
Jul 20080730131.0811.39$8,314
Jun 20080572131.3313.03$7,455
May 20080554123.1711.57$6,412
Apr 20080573110.3110.45$5,991
Mar 20080566101.909.66$5,470
Feb 2008069892.538.77$6,122
Jan 2008098990.388.21$8,115
Dec 2007094188.337.30$6,871
Nov 2007099191.677.29$7,226
Oct 200701,07782.856.92$7,455
Sep 200701,43675.846.24$8,967
Aug 200701,47469.066.39$9,416
Jul 200701,44870.906.39$9,250
Jun 200701,65662.007.55$12,500
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 2007099956.927.30$7,295
Feb 200701,07955.108.22$8,865
Jan 2007091850.306.73$6,175
Dec 200601,49156.656.92$10,315
Nov 200602,77054.207.62$21,100
Oct 200601,29854.906.01$7,806

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 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 16.92 =         $0
Gas                  306 Mcf  × $  1.81 =       $555

────────────────────────────────────────────────────
Month total                                     $555

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/223127 is the state's own key, not one this site invented.