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 245226District 7CField 123907502 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Nov 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
211
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 Gas112009-08-14193472
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
CondensateDisposition47 bbl$3,418
GasProduction252,355 Mcf$1,006,872
Total$1,010,291

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 30.3554, -101.7769. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.35540, -101.77693 · 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
6,500 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 6,500 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-44331195556,500 ftNov 2008

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 (211)

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

211 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 202408879.932.15$189
Jun 2024066278.082.63$1,744
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202404180.301.55$63
Feb 2024061676.091.78$1,099
Jan 20242380073.023.30$4,318
Dec 2023077771.262.61$2,029
Nov 2023074077.892.81$2,078
Oct 2023072285.443.09$2,229
Sep 2023080189.042.74$2,191
Aug 2023089380.522.67$2,387
Jul 2023099374.852.64$2,623
Jun 2023060968.962.26$1,375
May 202341,08370.622.23$2,695
Apr 202301,03178.122.24$2,307
Mar 202301,17472.852.39$2,810
Feb 202301,19475.112.47$2,944
Jan 202301,27776.533.39$4,326
Dec 202201,35976.415.73$7,786
Nov 202201,60485.005.65$9,057
Oct 202201,71687.185.86$10,062
Sep 202202,04384.888.16$16,678
Aug 202202,75394.529.13$25,127
Jul 202202,177101.587.54$16,419
Jun 202201,833115.097.98$14,622
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 2020070516.921.81$1,279
Apr 2020055014.751.80$992
Mar 2020064330.341.86$1,194
Feb 2020082149.881.98$1,626
Jan 2020080957.252.09$1,695
Dec 201901,01359.012.30$2,334
Nov 201901,06055.302.75$2,916
Oct 201901,08653.472.42$2,627
Sep 2019092055.052.66$2,445
Aug 2019091153.112.30$2,099
Jul 2019095456.272.46$2,347
Jun 2019091952.782.49$2,289
May 2019093858.482.74$2,570
Apr 201901,01062.632.75$2,778
Mar 2019091356.803.06$2,796
Feb 2019076950.852.79$2,147
Jan 2019084446.033.23$2,725
Dec 2018078146.594.19$3,269
Nov 2018090752.934.24$3,843
Oct 201801,10361.443.40$3,748
Sep 20180059.543.11$0
Aug 2018067059.403.07$2,055
Jul 2018091865.142.93$2,691
Jun 2018076360.183.08$2,348
May 2018079965.382.90$2,318
Apr 2018078163.842.90$2,266
Mar 2018081361.222.79$2,266
Feb 2018075161.782.77$2,077
Jan 2018091262.874.01$3,657
Dec 2017092357.272.92$2,697
Nov 2017082655.423.12$2,576
Oct 2017095149.292.98$2,837
Sep 2017090947.523.09$2,806
Aug 201701,13545.373.00$3,410
Jul 201701,13543.873.09$3,504
Jun 201701,11042.493.09$3,427
May 201701,09145.373.26$3,560
Apr 201701,05647.933.21$3,391
Mar 2017082446.772.98$2,459
Feb 2017092750.452.95$2,737
Jan 201701,11249.413.42$3,802
Dec 2016086648.763.72$3,224
Nov 2016086642.492.64$2,290
Oct 2016091146.193.09$2,815
Sep 2016087041.553.10$2,698
Aug 2016095141.442.92$2,781
Jul 201601,08141.622.92$3,161
Jun 2016087945.352.69$2,361
May 2016093942.521.99$1,870
Apr 2016089736.561.99$1,786
Mar 201601,16133.011.79$2,083
Feb 201601,17826.472.06$2,431
Jan 201601,22127.352.36$2,887
Dec 2015084032.362.00$1,681
Nov 2015094438.792.17$2,046
Oct 20150043.552.43$0
Sep 2015083742.992.76$2,309
Aug 2015099440.162.87$2,855
Jul 201501,28148.152.95$3,773
Jun 201501,17156.152.88$3,376
May 201501,28355.212.96$3,792
Apr 201501,29049.822.71$3,491
Mar 201501,41742.892.93$4,158
Feb 201501,11744.662.98$3,324
Jan 201501,25043.433.10$3,876
Dec 201401,26754.693.59$4,550
Nov 201401,29970.464.25$5,523
Oct 201401,35378.303.90$5,278
Sep 201401,50486.164.05$6,084
Aug 201401,51489.394.04$6,109
Jul 2014078896.564.18$3,294
Jun 2014036798.164.74$1,738
May 201401,02494.734.73$4,840
Apr 201401,05595.944.81$5,074
Mar 201401,11095.895.06$5,613
Feb 201401,13497.406.19$7,022
Jan 2014099690.404.86$4,841
Dec 201301,01491.824.35$4,415
Nov 201301,36588.853.74$5,103
Oct 2013084297.423.78$3,182
Sep 201301,107104.113.72$4,116
Aug 201301,241104.253.52$4,372
Jul 201301,258102.523.72$4,677
Jun 201301,23894.403.93$4,870
May 201301,26694.834.15$5,253
Apr 201301,10193.964.28$4,715
Mar 201301,26693.623.91$4,954
Feb 201301,01191.233.42$3,458
Jan 201301,05991.603.42$3,622
Dec 201201,05486.773.42$3,605
Nov 201201,05486.953.62$3,821
Oct 201201,17989.383.40$4,008
Sep 201201,07894.672.92$3,146
Aug 201201,17792.662.91$3,423
Jul 201201,28685.133.02$3,885
Jun 201201,29879.822.52$3,270
May 201201,41491.612.49$3,518
Apr 201201,395101.652.00$2,786
Mar 201201,356105.052.22$3,013
Feb 201201,301101.102.57$3,344
Jan 201201,20298.092.73$3,286
Dec 201101,43496.873.24$4,646
Nov 201101,43995.723.31$4,765
Oct 201101,39784.983.65$5,097
Sep 201101,48483.623.99$5,915
Aug 201101,59883.404.15$6,631
Jul 201101,64794.144.52$7,440
Jun 201101,57592.904.64$7,308
May 201101,72298.134.40$7,585
Apr 201101,791105.964.33$7,761
Mar 201102,32396.364.06$9,425
Feb 201101,76485.644.18$7,373
Jan 201101,88786.504.59$8,659
Dec 201002,04185.734.35$8,874
Nov 201002,12980.843.80$8,080
Oct 201002,59378.103.51$9,099
Sep 201002,43072.633.98$9,670
Aug 201002,91273.684.42$12,869
Jul 201003,34272.554.74$15,829
Jun 201043,39470.364.91$16,947
May 201004,21871.124.24$17,864
Apr 201004,33281.694.12$17,859
Mar 201054,88178.394.39$21,813
Feb 201003,87673.585.44$21,095
Jan 201054,96374.365.96$29,972
Dec 200906,05171.445.48$33,182
Nov 200924,75874.593.75$17,999
Oct 200904,02172.544.11$16,527
Sep 200943,85265.543.06$12,068
Aug 200904,09067.423.22$13,164
Jul 200903,96461.133.46$13,733
Jun 200903,48866.163.90$13,586
May 200903,88554.743.93$15,252
Apr 200903,66446.773.59$13,145
Mar 200903,48242.144.06$14,133
Feb 200904,13432.814.63$19,153
Jan 200907,44935.865.37$40,009
Dec 200808,10637.105.98$48,451
Nov 2008097455.496.86$6,682

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.

Jul 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 79.93 =         $0
Gas                   88 Mcf  × $  2.15 =       $189

────────────────────────────────────────────────────
Month total                                     $189

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/245226 is the state's own key, not one this site invented.