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 225558District 7CField 123907502 tax incentive programmesCondensateGasSaveExport
Value, all time
$814 k
Dec 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
234
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 Gas112008-03-26179689
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
CondensateDisposition1,308 bbl$101,865
GasProduction141,913 Mcf$712,110
Total$813,975

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 30.3060, -101.7609. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.30603, -101.76088 · 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
6,400 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 6,400 ft.

Completions filed
Dec 2006
1 of 1 wells

1 well

42-44331193716,400 ftDec 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 (234)

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

234 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 2020028716.921.81$521
Apr 2020027014.751.80$487
Mar 2020028330.341.86$525
Feb 2020024449.881.98$483
Jan 2020027657.252.09$578
Dec 2019030959.012.30$712
Nov 2019026455.302.75$726
Oct 2019027553.472.42$665
Sep 2019030355.052.66$805
Aug 2019035053.112.30$807
Jul 2019037756.272.46$927
Jun 2019038352.782.49$954
May 2019034458.482.74$943
Apr 2019040062.632.75$1,100
Mar 2019041756.803.06$1,277
Feb 2019034550.852.79$963
Jan 2019040446.033.23$1,304
Dec 2018050146.594.19$2,097
Nov 2018040052.934.24$1,695
Oct 2018045561.443.40$1,546
Sep 20180059.543.11$0
Aug 2018036359.403.07$1,113
Jul 2018061165.142.93$1,791
Jun 2018063560.183.08$1,954
May 2018066465.382.90$1,926
Apr 2018045263.842.90$1,311
Mar 2018052061.222.79$1,449
Feb 2018050661.782.77$1,400
Jan 2018061562.874.01$2,466
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 2017053749.292.98$1,602
Sep 2017050447.523.09$1,556
Aug 2017041745.373.00$1,253
Jul 2017052743.873.09$1,627
Jun 2017067442.493.09$2,081
May 2017032645.373.26$1,064
Apr 2017045347.933.21$1,455
Mar 2017043346.772.98$1,292
Feb 2017047050.452.95$1,388
Jan 2017070049.413.42$2,393
Dec 2016072448.763.72$2,695
Nov 2016068042.492.64$1,798
Oct 2016074246.193.09$2,293
Sep 2016074041.553.10$2,294
Aug 2016076641.442.92$2,240
Jul 2016081541.622.92$2,383
Jun 2016075245.352.69$2,020
May 2016079542.521.99$1,583
Apr 2016079436.561.99$1,581
Mar 2016085233.011.79$1,529
Feb 2016081426.472.06$1,680
Jan 2016088327.352.36$2,088
Dec 2015080432.362.00$1,609
Nov 2015068838.792.17$1,491
Oct 20157585243.552.43$5,334
Sep 2015071442.992.76$1,970
Aug 2015063340.162.87$1,818
Jul 2015085448.152.95$2,515
Jun 201501,44656.152.88$4,169
May 2015093055.212.96$2,749
Apr 2015090349.822.71$2,444
Mar 2015099842.892.93$2,929
Feb 2015083444.662.98$2,482
Jan 2015087743.433.10$2,719
Dec 2014099254.693.59$3,563
Nov 2014096770.464.25$4,112
Oct 201401,15678.303.90$4,510
Sep 201401,25986.164.05$5,093
Aug 2014241,43289.394.04$7,924
Jul 2014573496.564.18$3,551
Jun 2014023398.164.74$1,104
May 2014038194.734.73$1,801
Apr 2014048595.944.81$2,332
Mar 2014049295.895.06$2,488
Feb 2014047097.406.19$2,910
Jan 2014038590.404.86$1,871
Dec 2013057991.824.35$2,521
Nov 2013053188.853.74$1,985
Oct 2013057397.423.78$2,166
Sep 201340501104.113.72$6,027
Aug 20130602104.253.52$2,121
Jul 20130632102.523.72$2,350
Jun 2013069894.403.93$2,746
May 2013067694.834.15$2,805
Apr 2013070393.964.28$3,011
Mar 2013070393.623.91$2,751
Feb 20130091.233.42$0
Jan 201305491.603.42$185
Dec 2012054886.773.42$1,874
Nov 2012060386.953.62$2,186
Oct 2012060989.383.40$2,070
Sep 2012067894.672.92$1,979
Aug 2012071992.662.91$2,091
Jul 2012074285.133.02$2,241
Jun 2012066179.822.52$1,665
May 2012080291.612.49$1,996
Apr 20120898101.652.00$1,793
Mar 201201,059105.052.22$2,353
Feb 201201,017101.102.57$2,614
Jan 20128094898.092.73$10,439
Dec 2011097796.873.24$3,165
Nov 2011099895.723.31$3,305
Oct 201101,01384.983.65$3,696
Sep 201101,18983.623.99$4,739
Aug 201101,06983.404.15$4,436
Jul 201101,11494.144.52$5,032
Jun 201101,00892.904.64$4,677
May 2011091698.134.40$4,035
Apr 20110734105.964.33$3,181
Mar 2011089596.364.06$3,631
Feb 2011072185.644.18$3,014
Jan 2011072886.504.59$3,341
Dec 2010071985.734.35$3,126
Nov 20109870580.843.80$10,598
Oct 2010077578.103.51$2,719
Sep 2010081772.633.98$3,251
Aug 2010094773.684.42$4,185
Jul 201001,13572.554.74$5,376
Jun 201011,00070.364.91$4,981
May 201001,03271.124.24$4,371
Apr 2010501,10781.694.12$8,648
Mar 201011,06178.394.39$4,735
Feb 2010095473.585.44$5,192
Jan 201011,12274.365.96$6,766
Dec 200901,30471.445.48$7,151
Nov 2009058774.593.75$2,202
Oct 2009068372.544.11$2,807
Sep 200911,35765.543.06$4,224
Aug 20091211,68867.423.22$13,591
Jul 200901,02861.133.46$3,562
Jun 2009671,15766.163.90$8,939
May 200901,24254.743.93$4,876
Apr 200901,13346.773.59$4,065
Mar 20093096342.144.06$5,173
Feb 2009094432.814.63$4,374
Jan 200901,15435.865.37$6,198
Dec 200801,20137.105.98$7,179
Nov 20081221,27855.496.86$15,537
Oct 200801,40075.246.92$9,691
Sep 200801,477101.767.88$11,634
Aug 200801,650114.228.48$13,997
Jul 200801,790131.0811.39$20,387
Jun 2008831,850131.3313.03$35,011
May 2008532,001123.1711.57$29,688
Apr 200802,183110.3110.45$22,823
Mar 200802,230101.909.66$21,551
Feb 200802,23192.538.77$19,567
Jan 2008572,41690.388.21$24,977
Dec 200701,89388.337.30$13,823
Nov 2007402,41491.677.29$21,269
Oct 200703,57682.856.92$24,753
Sep 200702,32675.846.24$14,524
Aug 20073591,74769.066.39$35,952
Jul 200702,30770.906.39$14,737
Jun 200703,36362.007.55$25,385
May 200702,82958.747.85$22,197
Apr 20070059.617.81$0
Mar 200701,26556.927.30$9,237
Feb 200701,80455.108.22$14,822
Jan 20070050.306.73$0
Dec 20060056.656.92$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 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 16.92 =         $0
Gas                  287 Mcf  × $  1.81 =       $521

────────────────────────────────────────────────────
Month total                                     $521

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/225558 is the state's own key, not one this site invented.