BANNER ESTATE
BANNER ESTATE is a Texas gas lease in Terrell County, Railroad Commission district 7C, operated by Encore Operating, L.P. It has 1 wellbore on file with the Commission. Reported production runs from November 2007 to August 2026, totalling 1,461,471 thousand cubic feet. The lease is shut in. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $16K, with roughly $2K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 171 thousand cubic feet a month. Its strongest month on the record we hold was June 2021, at 9,777 thousand cubic feet.
Key facts about BANNER ESTATE
- Who operates BANNER ESTATE?
- BANNER ESTATE is operated by Encore Operating, L.P., Railroad Commission of Texas operator number 251727.
- Where is BANNER ESTATE?
- BANNER ESTATE is a Texas gas lease in Terrell County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 243696.
- Is BANNER ESTATE still producing?
- BANNER ESTATE is shut in. The most recent month of production reported to the Railroad Commission of Texas for BANNER ESTATE is August 2026.
- How much has BANNER ESTATE produced?
- BANNER ESTATE has reported 1,461,471 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2007 and August 2026, from 1 wellbore.
- How much is BANNER ESTATE worth?
- The remaining production from BANNER ESTATE is estimated to be worth about $16K in total as of 27 August 2026. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BANNER ESTATE is a fraction of it. The estimate fits an Arps decline curve to the production BANNER ESTATE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BANNER ESTATE is an estimate of value, not an offer and not an appraisal.
- How much income does BANNER ESTATE generate in a year?
- BANNER ESTATE is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BANNER ESTATE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encore Operating, L.P. |
|---|---|
| Field | Brown-Bassett (Strawn) |
| County | Terrell County, Texas |
| RRC district | 7C |
| Lease number | 243696 |
| Wellbores | 1 |
| Reported production | 1,461,471 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $16K |
Where BANNER ESTATE sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.