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 234900District 7CField 123907502 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.5 M
Dec 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
222
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 Gas112009-01-28188202
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
CondensateDisposition57 bbl$4,113
GasProduction1,093,134 Mcf$5,503,100
Total$5,507,213

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 30.3248, -101.7845. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.32480, -101.78446 · 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
6,481 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 6,481 ft.

Completions filed
Dec 2007
1 of 1 wells

1 well

42-44331245616,481 ftDec 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 (222)

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

222 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 2024048380.301.55$746
Feb 202401,79776.091.78$3,205
Jan 202402,83573.023.30$9,349
Dec 202302,25371.262.61$5,882
Nov 202303,02577.892.81$8,493
Oct 202302,73285.443.09$8,434
Sep 202303,12389.042.74$8,542
Aug 202302,78580.522.67$7,444
Jul 202302,88774.852.64$7,627
Jun 202303,00868.962.26$6,794
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 202001,87116.921.81$3,395
Apr 202001,82014.751.80$3,284
Mar 202001,94130.341.86$3,603
Feb 202002,37349.881.98$4,700
Jan 202002,72457.252.09$5,706
Dec 201902,32959.012.30$5,367
Nov 201902,69455.302.75$7,410
Oct 201902,89953.472.42$7,011
Sep 201902,78655.052.66$7,403
Aug 201903,08653.112.30$7,111
Jul 201902,97256.272.46$7,311
Jun 201902,86652.782.49$7,140
May 201902,94758.482.74$8,076
Apr 201903,06362.632.75$8,425
Mar 201903,22456.803.06$9,872
Feb 201902,96150.852.79$8,268
Jan 201903,15046.033.23$10,169
Dec 201802,54246.594.19$10,639
Nov 201803,23952.934.24$13,724
Oct 201803,41261.443.40$11,594
Sep 2018027359.543.11$848
Aug 201803,01159.403.07$9,233
Jul 201803,51165.142.93$10,294
Jun 201803,55160.183.08$10,926
May 201803,55465.382.90$10,309
Apr 201803,50163.842.90$10,156
Mar 201803,73561.222.79$10,409
Feb 201803,29861.782.77$9,123
Jan 201803,57862.874.01$14,345
Dec 201703,57857.272.92$10,453
Nov 201703,58855.423.12$11,189
Oct 201703,75749.292.98$11,210
Sep 201703,62847.523.09$11,201
Aug 201703,93145.373.00$11,810
Jul 201703,63143.873.09$11,210
Jun 201703,78442.493.09$11,682
May 201703,97945.373.26$12,985
Apr 201703,65647.933.21$11,742
Mar 201703,24546.772.98$9,682
Feb 201703,94650.452.95$11,651
Jan 201704,20549.413.42$14,376
Dec 201604,26948.763.72$15,893
Nov 201604,26942.492.64$11,289
Oct 201604,71746.193.09$14,577
Sep 201603,79141.553.10$11,754
Aug 201603,90041.442.92$11,405
Jul 201603,98141.622.92$11,642
Jun 201603,81445.352.69$10,244
May 201604,00242.521.99$7,968
Apr 201603,94436.561.99$7,853
Mar 201604,29933.011.79$7,712
Feb 201604,17126.472.06$8,607
Jan 201604,26027.352.36$10,072
Dec 201504,26732.362.00$8,540
Nov 201504,27738.792.17$9,270
Oct 201504,35743.552.43$10,573
Sep 201504,03942.992.76$11,141
Aug 201504,06040.162.87$11,662
Jul 201504,59848.152.95$13,541
Jun 2015030556.152.88$879
May 201504,65855.212.96$13,766
Apr 201504,71449.822.71$12,759
Mar 201504,91342.892.93$14,418
Feb 201504,36044.662.98$12,976
Jan 201504,32943.433.10$13,423
Dec 201404,40754.693.59$15,827
Nov 201404,33870.464.25$18,444
Oct 201405,04778.303.90$19,688
Sep 201404,93686.164.05$19,968
Aug 201405,10389.394.04$20,591
Jul 201404,80196.564.18$20,066
Jun 201404,75898.164.74$22,538
May 201404,57794.734.73$21,633
Apr 201404,96995.944.81$23,897
Mar 201405,04795.895.06$25,522
Feb 201404,41397.406.19$27,325
Jan 201404,70490.404.86$22,865
Dec 201305,19091.824.35$22,600
Nov 201305,35888.853.74$20,030
Oct 201305,04097.423.78$19,048
Sep 201305,395104.113.72$20,057
Aug 201305,633104.253.52$19,843
Jul 201305,922102.523.72$22,016
Jun 201305,83194.403.93$22,936
May 201305,91394.834.15$24,534
Apr 201305,45893.964.28$23,374
Mar 201305,61793.623.91$21,979
Feb 201305,25291.233.42$17,961
Jan 201305,83091.603.42$19,938
Dec 201205,91786.773.42$20,237
Nov 201205,91786.953.62$21,449
Oct 201206,29689.383.40$21,404
Sep 201206,23494.672.92$18,193
Aug 201206,43292.662.91$18,705
Jul 201206,49785.133.02$19,626
Jun 201206,72679.822.52$16,943
May 201206,91691.612.49$17,209
Apr 201207,006101.652.00$13,990
Mar 201207,129105.052.22$15,841
Feb 201206,744101.102.57$17,334
Jan 201206,06598.092.73$16,582
Dec 201107,35896.873.24$23,838
Nov 201107,18695.723.31$23,795
Oct 201107,41584.983.65$27,054
Sep 201107,60083.623.99$30,292
Aug 201107,90183.404.15$32,784
Jul 201108,08594.144.52$36,522
Jun 201107,87292.904.64$36,525
May 201108,21198.134.40$36,168
Apr 201108,243105.964.33$35,719
Mar 201108,77496.364.06$35,599
Feb 201107,71585.644.18$32,249
Jan 201107,96886.504.59$36,563
Dec 201007,82385.734.35$34,012
Nov 201007,75780.843.80$29,440
Oct 201008,19678.103.51$28,759
Sep 201008,15172.633.98$32,437
Aug 201008,63073.684.42$38,139
Jul 201008,81072.554.74$41,728
Jun 2010128,68670.364.91$43,496
May 201009,17771.124.24$38,867
Apr 201008,99881.694.12$37,096
Mar 2010119,49278.394.39$42,520
Feb 201008,41473.585.44$45,792
Jan 20101311,81574.365.96$71,432
Dec 2009011,64771.445.48$63,869
Nov 2009711,59374.593.75$44,013
Oct 2009012,37972.544.11$50,881
Sep 20091412,41665.543.06$38,970
Aug 2009013,14967.423.22$42,320
Jul 2009013,59461.133.46$47,096
Jun 2009013,31766.163.90$51,870
May 2009013,96854.743.93$54,835
Apr 2009013,69746.773.59$49,138
Mar 2009014,31942.144.06$58,121
Feb 2009013,40732.814.63$62,115
Jan 2009014,45735.865.37$77,649
Dec 2008015,85337.105.98$94,756
Nov 2008016,43355.496.86$112,736
Oct 2008017,39475.246.92$120,401
Sep 2008017,412101.767.88$137,156
Aug 2008019,133114.228.48$162,306
Jul 2008020,491131.0811.39$233,381
Jun 2008020,987131.3313.03$273,516
May 2008022,182123.1711.57$256,741
Apr 2008023,337110.3110.45$243,985
Mar 2008026,356101.909.66$254,706
Feb 2008026,80992.538.77$235,130
Jan 2008030,66790.388.21$251,645
Dec 2007025,38188.337.30$185,331

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.

Mar 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 80.30 =         $0
Gas                  483 Mcf  × $  1.55 =       $746

────────────────────────────────────────────────────
Month total                                     $746

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/234900 is the state's own key, not one this site invented.