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 229387District 7CField 123907502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
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 Gas112008-10-28183606
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
CondensateDisposition901 bbl$76,211
GasProduction247,191 Mcf$1,248,634
Total$1,324,845

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 30.3281, -101.7641. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.32807, -101.76409 · 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
6,530 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 6,530 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-4433122160R6,530 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 2024066376.091.78$1,183
Jan 202401,13673.023.30$3,746
Dec 2023098071.262.61$2,559
Nov 202301,67777.892.81$4,708
Oct 2023096685.443.09$2,982
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20234070.622.23$282
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 2020047816.921.81$867
Apr 2020048114.751.80$868
Mar 2020049330.341.86$915
Feb 2020048349.881.98$957
Jan 2020058957.252.09$1,234
Dec 2019068859.012.30$1,585
Nov 2019059855.302.75$1,645
Oct 2019054853.472.42$1,325
Sep 2019062655.052.66$1,663
Aug 2019062353.112.30$1,436
Jul 2019060556.272.46$1,488
Jun 2019062152.782.49$1,547
May 2019066958.482.74$1,833
Apr 2019084062.632.75$2,311
Mar 2019073356.803.06$2,245
Feb 2019059950.852.79$1,673
Jan 2019060346.033.23$1,947
Dec 2018092246.594.19$3,859
Nov 2018061352.934.24$2,597
Oct 2018065361.443.40$2,219
Sep 20180059.543.11$0
Aug 2018064859.403.07$1,987
Jul 2018078365.142.93$2,296
Jun 2018081960.183.08$2,520
May 2018093765.382.90$2,718
Apr 201801,04863.842.90$3,040
Mar 201801,14461.222.79$3,188
Feb 2018029661.782.77$819
Jan 2018044462.874.01$1,780
Dec 2017048257.272.92$1,408
Nov 20170055.423.12$0
Oct 2017049049.292.98$1,462
Sep 2017050647.523.09$1,562
Aug 2017044545.373.00$1,337
Jul 2017057743.873.09$1,781
Jun 2017063842.493.09$1,970
May 2017060745.373.26$1,981
Apr 2017057447.933.21$1,843
Mar 2017062946.772.98$1,877
Feb 2017062250.452.95$1,837
Jan 2017035049.413.42$1,197
Dec 2016061448.763.72$2,286
Nov 2016056642.492.64$1,497
Oct 2016092146.193.09$2,846
Sep 2016080241.553.10$2,487
Aug 2016086541.442.92$2,530
Jul 201601,10741.622.92$3,237
Jun 2016085745.352.69$2,302
May 2016065842.521.99$1,310
Apr 2016073736.561.99$1,467
Mar 2016085333.011.79$1,530
Feb 2016075926.472.06$1,566
Jan 201601,06827.352.36$2,525
Dec 2015062432.362.00$1,249
Nov 2015060238.792.17$1,305
Oct 20152882543.552.43$3,221
Sep 2015084842.992.76$2,339
Aug 2015078940.162.87$2,266
Jul 201501,05748.152.95$3,113
Jun 2015055956.152.88$1,612
May 201501,04055.212.96$3,074
Apr 201501,00749.822.71$2,726
Mar 201501,22042.892.93$3,580
Feb 2015056444.662.98$1,679
Jan 2015067543.433.10$2,093
Dec 2014073854.693.59$2,650
Nov 2014099170.464.25$4,214
Oct 2014086778.303.90$3,382
Sep 2014084986.164.05$3,435
Aug 201491,07989.394.04$5,158
Jul 201421,02196.564.18$4,460
Jun 2014179798.164.74$3,873
May 2014089394.734.73$4,221
Apr 2014089895.944.81$4,319
Mar 2014098895.895.06$4,996
Feb 201401,00497.406.19$6,217
Jan 201401,21590.404.86$5,906
Dec 201301,29391.824.35$5,630
Nov 201301,02888.853.74$3,843
Oct 201301,24297.423.78$4,694
Sep 2013401,271104.113.72$8,890
Aug 201301,600104.253.52$5,636
Jul 201301,850102.523.72$6,878
Jun 201301,88994.403.93$7,430
May 201301,22294.834.15$5,070
Apr 201301,09393.964.28$4,681
Mar 2013096693.623.91$3,780
Feb 2013086691.233.42$2,962
Jan 201301,14591.603.42$3,916
Dec 2012092886.773.42$3,174
Nov 201201,07286.953.62$3,886
Oct 201201,07289.383.40$3,644
Sep 201201,27594.672.92$3,721
Aug 201201,43792.662.91$4,179
Jul 201201,39085.133.02$4,199
Jun 201201,17279.822.52$2,952
May 201201,58091.612.49$3,932
Apr 201201,724101.652.00$3,442
Mar 201201,687105.052.22$3,749
Feb 201201,238101.102.57$3,182
Jan 2012411,79598.092.73$8,929
Dec 201101,93296.873.24$6,259
Nov 201101,54795.723.31$5,123
Oct 201101,62884.983.65$5,940
Sep 201101,59683.623.99$6,361
Aug 201101,54783.404.15$6,419
Jul 201101,64794.144.52$7,440
Jun 201101,86492.904.64$8,649
May 201102,10898.134.40$9,285
Apr 201102,067105.964.33$8,957
Mar 201101,83596.364.06$7,445
Feb 201101,58885.644.18$6,638
Jan 201102,03186.504.59$9,320
Dec 201002,05685.734.35$8,939
Nov 2010871,95080.843.80$14,434
Oct 201002,07878.103.51$7,291
Sep 201002,09272.633.98$8,325
Aug 201002,28573.684.42$10,098
Jul 201002,46072.554.74$11,652
Jun 201032,41970.364.91$12,089
May 201002,35371.124.24$9,965
Apr 2010332,30081.694.12$12,178
Mar 201022,45378.394.39$10,922
Feb 201002,22273.585.44$12,093
Jan 201011,47574.365.96$8,871
Dec 200901,37671.445.48$7,546
Nov 200911,55374.593.75$5,901
Oct 200901,57172.544.11$6,457
Sep 200921,63265.543.06$5,133
Aug 2009281,65667.423.22$7,218
Jul 200901,93061.133.46$6,686
Jun 2009312,32566.163.90$11,107
May 200901,76554.743.93$6,929
Apr 200902,03046.773.59$7,283
Mar 2009342,03042.144.06$9,673
Feb 200901,28232.814.63$5,940
Jan 200901,65135.865.37$8,868
Dec 200801,39937.105.98$8,362
Nov 2008571,27055.496.86$11,876
Oct 200801,49875.246.92$10,369
Sep 200801,333101.767.88$10,500
Aug 200801,487114.228.48$12,614
Jul 200801,522131.0811.39$17,335
Jun 2008491,426131.3313.03$25,020
May 2008601,479123.1711.57$24,509
Apr 200801,950110.3110.45$20,387
Mar 200802,219101.909.66$21,445
Feb 200802,40492.538.77$21,084
Jan 2008832,49290.388.21$27,950
Dec 200702,34388.337.30$17,109
Nov 20071302,19091.677.29$27,886
Oct 200704,00882.856.92$27,743
Sep 20071754,25075.846.24$39,810
Aug 200704,53769.066.39$28,982
Jul 200706,54370.906.39$41,796
Jun 200708,04762.007.55$60,742
May 2007011,39458.747.85$89,401
Apr 2007015,82359.617.81$123,502
Mar 200706,52556.927.30$47,645

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                  663 Mcf  × $  1.78 =     $1,183

────────────────────────────────────────────────────
Month total                                   $1,183

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/229387 is the state's own key, not one this site invented.