BANKS D.

Name: BANKS D. lease production and value, Apr 2005 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WCS OIL & GAS CORPORATION (P-5 902624) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24714District 03Field 34733500OilCasinghead gasSave Export

Value, all time

$3.7 M

Apr 2005 – May 2017

Value, last 12 filed months

$15 k

at the published price for each month

Months reported

146

no gaps in the span

Streams

oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) field

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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered

1960-10-29

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: “DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED”

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.

Stream	Basis	Volume	Value
Oil	Disposition	9,296 bbl	$567,541
Casinghead gas	Production	417,020 Mcf	$3,111,558
Total			$3,679,098

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 30.3320, -96.5048. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.33196, -96.50483 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

11,019 ft

1 wells filed one

Completion to plug

15.3 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 11,019 ft.

Completions filed

Apr 2005

1 of 1 wells

Plug dates filed

Jul 2020

1 of 1 wells

Last completion to plug: a median of 15.3 years across the 1 well that filed both dates, with the middle half between 15.3 years and 15.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-05132596	1RE	11,019 ft	Apr 2005	Jul 2020	Yes

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 (146)

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

146 months


May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	141	0	46.77	2.98	$6,595
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	1	0	48.76	3.72	$49
Nov 2016	2	402	42.49	2.64	$1,148
Oct 2016	2	370	46.19	3.09	$1,236
Sep 2016	1	446	41.55	3.10	$1,424
Aug 2016	1	534	41.44	2.92	$1,603
Jul 2016	1	481	41.62	2.92	$1,448
Jun 2016	0	542	45.35	2.69	$1,456
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	236	36.56	1.99	$470
Mar 2016	2	451	33.01	1.79	$875
Feb 2016	2	394	26.47	2.06	$866
Jan 2016	1	423	27.35	2.36	$1,027
Dec 2015	1	483	32.36	2.00	$999
Nov 2015	2	345	38.79	2.17	$825
Oct 2015	3	451	43.55	2.43	$1,225
Sep 2015	1	478	42.99	2.76	$1,362
Aug 2015	1	541	40.16	2.87	$1,594
Jul 2015	2	464	48.15	2.95	$1,463
Jun 2015	2	444	56.15	2.88	$1,392
May 2015	2	414	55.21	2.96	$1,334
Apr 2015	3	442	49.82	2.71	$1,346
Mar 2015	2	442	42.89	2.93	$1,383
Feb 2015	2	445	44.66	2.98	$1,414
Jan 2015	2	514	43.43	3.10	$1,681
Dec 2014	2	522	54.69	3.59	$1,984
Nov 2014	1	495	70.46	4.25	$2,175
Oct 2014	156	403	78.30	3.90	$13,787
Sep 2014	0	467	86.16	4.05	$1,889
Aug 2014	0	407	89.39	4.04	$1,642
Jul 2014	0	522	96.56	4.18	$2,182
Jun 2014	0	328	98.16	4.74	$1,554
May 2014	0	538	94.73	4.73	$2,543
Apr 2014	0	465	95.94	4.81	$2,236
Mar 2014	0	544	95.89	5.06	$2,751
Feb 2014	0	562	97.40	6.19	$3,480
Jan 2014	0	649	90.40	4.86	$3,155
Dec 2013	0	590	91.82	4.35	$2,569
Nov 2013	0	383	88.85	3.74	$1,432
Oct 2013	0	445	97.42	3.78	$1,682
Sep 2013	0	626	104.11	3.72	$2,327
Aug 2013	0	643	104.25	3.52	$2,265
Jul 2013	0	879	102.52	3.72	$3,268
Jun 2013	0	402	94.40	3.93	$1,581
May 2013	0	871	94.83	4.15	$3,614
Apr 2013	0	232	93.96	4.28	$994
Mar 2013	176	180	93.62	3.91	$17,181
Feb 2013	0	525	91.23	3.42	$1,795
Jan 2013	0	773	91.60	3.42	$2,644
Dec 2012	0	601	86.77	3.42	$2,056
Nov 2012	0	638	86.95	3.62	$2,313
Oct 2012	0	673	89.38	3.40	$2,288
Sep 2012	0	691	94.67	2.92	$2,017
Aug 2012	0	835	92.66	2.91	$2,428
Jul 2012	0	666	85.13	3.02	$2,012
Jun 2012	0	640	79.82	2.52	$1,612
May 2012	0	675	91.61	2.49	$1,680
Apr 2012	184	768	101.65	2.00	$20,237
Mar 2012	0	820	105.05	2.22	$1,822
Feb 2012	0	827	101.10	2.57	$2,126
Jan 2012	0	867	98.09	2.73	$2,370
Dec 2011	0	1,043	96.87	3.24	$3,379
Nov 2011	0	1,108	95.72	3.31	$3,669
Oct 2011	0	1,314	84.98	3.65	$4,794
Sep 2011	183	823	83.62	3.99	$18,583
Aug 2011	0	818	83.40	4.15	$3,394
Jul 2011	0	938	94.14	4.52	$4,237
Jun 2011	0	1,301	92.90	4.64	$6,036
May 2011	0	1,522	98.13	4.40	$6,704
Apr 2011	0	1,711	105.96	4.33	$7,414
Mar 2011	0	717	96.36	4.06	$2,909
Feb 2011	184	666	85.64	4.18	$18,542
Jan 2011	0	1,211	86.50	4.59	$5,557
Dec 2010	0	1,713	85.73	4.35	$7,448
Nov 2010	0	1,640	80.84	3.80	$6,224
Oct 2010	0	447	78.10	3.51	$1,568
Sep 2010	0	377	72.63	3.98	$1,500
Aug 2010	0	508	73.68	4.42	$2,245
Jul 2010	0	585	72.55	4.74	$2,771
Jun 2010	0	845	70.36	4.91	$4,149
May 2010	0	884	71.12	4.24	$3,744
Apr 2010	180	827	81.69	4.12	$18,114
Mar 2010	0	794	78.39	4.39	$3,485
Feb 2010	0	847	73.58	5.44	$4,610
Jan 2010	0	785	74.36	5.96	$4,682
Dec 2009	0	1,385	71.44	5.48	$7,595
Nov 2009	0	1,180	74.59	3.75	$4,427
Oct 2009	185	242	72.54	4.11	$14,415
Sep 2009	0	3,922	65.54	3.06	$12,020
Aug 2009	0	544	67.42	3.22	$1,751
Jul 2009	0	865	61.13	3.46	$2,997
Jun 2009	0	1,177	66.16	3.90	$4,584
May 2009	0	1,087	54.74	3.93	$4,267
Apr 2009	0	596	46.77	3.59	$2,138
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	4	32.81	4.63	$19
Jan 2009	0	419	35.86	5.37	$2,250
Dec 2008	188	422	37.10	5.98	$9,497
Nov 2008	0	1,254	55.49	6.86	$8,603
Oct 2008	0	2,987	75.24	6.92	$20,676
Sep 2008	0	12	101.76	7.88	$95
Aug 2008	0	105	114.22	8.48	$891
Jul 2008	0	597	131.08	11.39	$6,799
Jun 2008	185	515	131.33	13.03	$31,008
May 2008	0	1,436	123.17	11.57	$16,621
Apr 2008	0	988	110.31	10.45	$10,329
Mar 2008	0	1,106	101.90	9.66	$10,688
Feb 2008	0	1,209	92.53	8.77	$10,604
Jan 2008	0	899	90.38	8.21	$7,377
Dec 2007	188	1,428	88.33	7.30	$27,033
Nov 2007	0	1,802	91.67	7.29	$13,140
Oct 2007	0	2,023	82.85	6.92	$14,003
Sep 2007	0	1,631	75.84	6.24	$10,184
Aug 2007	189	1,519	69.06	6.39	$22,756
Jul 2007	0	2,449	70.90	6.39	$15,644
Jun 2007	0	2,724	62.00	7.55	$20,562
May 2007	186	2,990	58.74	7.85	$34,386
Apr 2007	0	2,861	59.61	7.81	$22,331
Mar 2007	192	3,738	56.92	7.30	$38,223
Feb 2007	0	3,366	55.10	8.22	$27,655
Jan 2007	0	4,066	50.30	6.73	$27,351
Dec 2006	182	3,766	56.65	6.92	$36,365
Nov 2006	189	4,255	54.20	7.62	$42,656
Oct 2006	0	5,531	54.90	6.01	$33,262
Sep 2006	178	6,316	60.08	5.04	$42,509
Aug 2006	182	439	68.71	7.34	$15,727
Jul 2006	0	1,984	69.37	6.34	$12,584
Jun 2006	187	3,822	66.28	6.38	$36,794
May 2006	182	6,142	66.01	6.42	$51,476
Apr 2006	192	7,527	64.39	7.36	$67,765
Mar 2006	192	7,378	56.70	7.08	$63,144
Feb 2006	191	7,560	57.59	7.75	$69,598
Jan 2006	193	9,210	60.59	8.93	$93,970
Dec 2005	172	10,071	54.94	13.42	$144,556
Nov 2005	347	11,341	54.69	10.59	$139,060
Oct 2005	360	13,974	58.34	13.80	$213,784
Sep 2005	193	15,245	61.45	12.08	$196,004
Aug 2005	571	19,536	61.51	9.80	$226,513
Jul 2005	387	24,581	55.69	7.84	$214,357
Jun 2005	568	31,150	52.33	7.38	$259,643
May 2005	960	47,382	45.22	6.65	$358,556
Apr 2005	1,314	71,944	49.20	7.36	$594,191

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 2017 — as filed, then multipliedworked

Oil                  141 bbl  × $ 46.77 =     $6,595
Casinghead gas         0 Mcf  × $  2.98 =         $0

────────────────────────────────────────────────────
Month total                                   $6,595

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. 03/O/24714 is the state's own key, not one this site invented.