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 227970District 7CField 123907502 tax incentive programmesCondensateGasSaveExport
Value, all time
$813 k
Mar 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
231
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 Gas112008-03-26179687
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
CondensateDisposition5 bbl$359
GasProduction165,327 Mcf$812,221
Total$812,580

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 30.3235, -101.7676. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.32346, -101.76757 · 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
6,527 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 6,527 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-44331215886,527 ftMar 2007

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 (231)

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

231 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 2024072376.091.78$1,290
Jan 202401,37873.023.30$4,544
Dec 2023078471.262.61$2,047
Nov 202302,14777.892.81$6,028
Oct 202301,13985.443.09$3,516
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 2020050116.921.81$909
Apr 2020049514.751.80$893
Mar 2020051330.341.86$952
Feb 2020047049.881.98$931
Jan 2020051057.252.09$1,068
Dec 2019061659.012.30$1,419
Nov 2019063355.302.75$1,741
Oct 2019059353.472.42$1,434
Sep 2019061655.052.66$1,637
Aug 2019066853.112.30$1,539
Jul 2019069356.272.46$1,705
Jun 2019065552.782.49$1,632
May 2019061258.482.74$1,677
Apr 2019067062.632.75$1,843
Mar 2019066356.803.06$2,030
Feb 2019062250.852.79$1,737
Jan 2019067146.033.23$2,166
Dec 2018068746.594.19$2,875
Nov 2018067952.934.24$2,877
Oct 2018068661.443.40$2,331
Sep 20180059.543.11$0
Aug 2018069559.403.07$2,131
Jul 2018074365.142.93$2,178
Jun 2018073360.183.08$2,255
May 2018072165.382.90$2,091
Apr 2018078163.842.90$2,266
Mar 2018081061.222.79$2,257
Feb 2018074061.782.77$2,047
Jan 2018077462.874.01$3,103
Dec 2017084157.272.92$2,457
Nov 2017081455.423.12$2,538
Oct 2017014349.292.98$427
Sep 2017089447.523.09$2,760
Aug 2017099545.373.00$2,989
Jul 2017044143.873.09$1,361
Jun 2017045442.493.09$1,402
May 2017047045.373.26$1,534
Apr 2017048547.933.21$1,558
Mar 2017051546.772.98$1,537
Feb 2017050650.452.95$1,494
Jan 2017036149.413.42$1,234
Dec 2016063348.763.72$2,357
Nov 2016038742.492.64$1,023
Oct 2016050746.193.09$1,567
Sep 2016048941.553.10$1,516
Aug 2016049941.442.92$1,459
Jul 2016051541.622.92$1,506
Jun 2016049945.352.69$1,340
May 2016051442.521.99$1,023
Apr 2016051036.561.99$1,015
Mar 2016052633.011.79$944
Feb 2016048626.472.06$1,003
Jan 201601827.352.36$43
Dec 2015053132.362.00$1,063
Nov 20150738.792.17$15
Oct 2015058043.552.43$1,407
Sep 2015047742.992.76$1,316
Aug 2015042040.162.87$1,206
Jul 2015056448.152.95$1,661
Jun 201501,11056.152.88$3,200
May 2015058355.212.96$1,723
Apr 2015059749.822.71$1,616
Mar 2015069742.892.93$2,045
Feb 2015046544.662.98$1,384
Jan 2015085843.433.10$2,660
Dec 2014071354.693.59$2,561
Nov 2014073370.464.25$3,117
Oct 2014067078.303.90$2,614
Sep 2014081086.164.05$3,277
Aug 2014091889.394.04$3,704
Jul 2014079496.564.18$3,319
Jun 2014065498.164.74$3,098
May 2014069694.734.73$3,290
Apr 2014060595.944.81$2,910
Mar 2014071095.895.06$3,590
Feb 2014064797.406.19$4,006
Jan 201401,13990.404.86$5,536
Dec 2013076091.824.35$3,309
Nov 2013074588.853.74$2,785
Oct 2013081497.423.78$3,076
Sep 20130827104.113.72$3,075
Aug 20130847104.253.52$2,984
Jul 20130879102.523.72$3,268
Jun 2013085394.403.93$3,355
May 2013088194.834.15$3,655
Apr 2013085693.964.28$3,666
Mar 2013087593.623.91$3,424
Feb 2013082591.233.42$2,821
Jan 2013087791.603.42$2,999
Dec 2012093086.773.42$3,181
Nov 2012093086.953.62$3,371
Oct 201201,01389.383.40$3,444
Sep 2012050694.672.92$1,477
Aug 2012077292.662.91$2,245
Jul 2012099785.133.02$3,012
Jun 2012094079.822.52$2,368
May 201201,12391.612.49$2,794
Apr 201201,083101.652.00$2,163
Mar 201201,115105.052.22$2,478
Feb 20120918101.102.57$2,359
Jan 2012091998.092.73$2,513
Dec 201101,14596.873.24$3,710
Nov 201101,01095.723.31$3,344
Oct 2011091984.983.65$3,353
Sep 201101,09183.623.99$4,349
Aug 201101,04583.404.15$4,336
Jul 201101,15694.144.52$5,222
Jun 201101,13792.904.64$5,276
May 201101,19198.134.40$5,246
Apr 201101,100105.964.33$4,767
Mar 201101,11996.364.06$4,540
Feb 2011097685.644.18$4,080
Jan 201101,20886.504.59$5,543
Dec 201001,15885.734.35$5,035
Nov 201001,15780.843.80$4,391
Oct 201001,25778.103.51$4,411
Sep 201001,22372.633.98$4,867
Aug 201001,19573.684.42$5,281
Jul 201001,33072.554.74$6,300
Jun 201021,37070.364.91$6,868
May 201001,44671.124.24$6,124
Apr 201001,42881.694.12$5,887
Mar 201011,42978.394.39$6,350
Feb 201001,19673.585.44$6,509
Jan 201011,16474.365.96$7,017
Dec 2009076971.445.48$4,217
Nov 2009078774.593.75$2,952
Oct 2009081572.544.11$3,350
Sep 2009182765.543.06$2,600
Aug 2009085767.423.22$2,758
Jul 2009085461.133.46$2,959
Jun 2009080366.163.90$3,128
May 2009085554.743.93$3,357
Apr 2009084646.773.59$3,035
Mar 2009080442.144.06$3,263
Feb 2009090032.814.63$4,170
Jan 200901,56035.865.37$8,379
Dec 200801,56237.105.98$9,336
Nov 200801,58155.496.86$10,846
Oct 200801,80975.246.92$12,522
Sep 200801,665101.767.88$13,115
Aug 200801,221114.228.48$10,358
Jul 200801,313131.0811.39$14,954
Jun 200801,304131.3313.03$16,995
May 200801,269123.1711.57$14,688
Apr 200801,362110.3110.45$14,240
Mar 200802,056101.909.66$19,869
Feb 200802,22792.538.77$19,532
Jan 200802,40790.388.21$19,751
Dec 200702,54188.337.30$18,554
Nov 200702,18491.677.29$15,925
Oct 200702,39982.856.92$16,606
Sep 200702,85875.846.24$17,846
Aug 200702,16869.066.39$13,849
Jul 200703,36870.906.39$21,515
Jun 200703,87562.007.55$29,250
May 200705,37458.747.85$42,166
Apr 200707,47159.617.81$58,313
Mar 20070056.927.30$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.

Feb 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 76.09 =         $0
Gas                  723 Mcf  × $  1.78 =     $1,290

────────────────────────────────────────────────────
Month total                                   $1,290

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/227970 is the state's own key, not one this site invented.