BANKS, W. R.

Operated by XTO ENERGY INC. (P-5 945936) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 103243District 06Field 16032174NGPA filingCondensateGasSaveExport
Value, all time
$8.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$85 k
at the published price for each month
Months reported
401
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
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 40 acres. The field rule took effect on 2011-02-08.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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
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
CondensateDisposition16,232 bbl$898,694
GasProduction2,611,038 Mcf$7,701,191
Total$8,599,885

708,968 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.1445, -94.3584. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14450, -94.35839 · 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
9,687 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 9,687 ft.

Completions filed
Sep 1982
1 of 1 wells

1 well

42-3653138139,687 ftSep 1982

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 (401)

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

401 months

May 2026152,085106.413.05$7,947
Apr 2026201,67998.932.87$6,797
Mar 2026181,84889.753.15$7,436
Feb 2026131,37063.503.75$5,963
Jan 2026121,41259.138.00$12,003
Dec 2025121,16656.664.41$5,826
Nov 2025101,43458.593.93$6,216
Oct 2025111,54459.383.30$5,756
Sep 2025111,34162.743.08$4,816
Aug 2025152,03763.933.01$7,100
Jul 2025141,97866.743.32$7,492
Jun 2025152,21266.483.13$7,918
May 2025151,91660.553.23$7,101
Apr 2025222,49462.363.54$10,208
Mar 2025192,16967.704.27$10,544
Feb 2025212,37470.884.34$11,794
Jan 2025242,29874.324.28$11,616
Dec 2024262,93168.993.12$10,942
Nov 2024222,67669.052.20$7,402
Oct 2024192,23171.372.28$6,446
Sep 2024192,28669.612.36$6,728
Aug 2024223,02675.632.06$7,908
Jul 2024192,54779.932.15$6,986
Jun 2024182,36278.082.63$7,627
May 2024202,39578.812.20$6,841
Apr 2024282,99984.451.66$7,341
Mar 2024242,27580.301.55$5,442
Feb 2024282,60676.091.78$6,779
Jan 2024262,74973.023.30$10,964
Dec 2023313,54571.262.61$11,464
Nov 2023191,78677.892.81$6,494
Oct 2023151,64385.443.09$6,354
Sep 2023121,42889.042.74$4,974
Aug 2023161,72480.522.67$5,896
Jul 2023233,11574.852.64$9,951
Jun 2023242,41968.962.26$7,118
May 2023252,69670.622.23$7,771
Apr 2023212,53778.122.24$7,318
Mar 2023283,19472.852.39$9,684
Feb 2023211,67675.112.47$5,710
Jan 2023282,62176.533.39$11,022
Dec 2022252,92776.415.73$18,679
Nov 2022232,41985.005.65$15,613
Oct 2022222,84487.185.86$18,594
Sep 2022161,96884.888.16$17,424
Aug 2022202,44994.529.13$24,243
Jul 2022182,275101.587.54$18,987
Jun 2022121,382115.097.98$12,406
May 2022151,748109.378.43$16,382
Apr 2022211,961104.226.84$15,597
Mar 2022313,322108.885.08$20,239
Feb 2022272,36691.054.86$13,954
Jan 2022333,41181.844.54$18,179
Dec 2021171,94971.323.90$8,812
Nov 2021191,66977.435.24$10,211
Oct 2021222,75479.795.71$17,491
Sep 2021253,17869.865.35$18,752
Aug 2021233,33166.024.22$15,577
Jul 2021162,22970.783.98$10,009
Jun 2021161,78869.493.38$7,156
May 2021343,40963.483.02$12,446
Apr 2021273,35060.362.76$10,870
Mar 2021272,65961.302.72$8,879
Feb 2021201,77057.805.55$10,976
Jan 2021292,82350.412.81$9,395
Dec 2020333,37144.642.68$10,492
Nov 2020323,02138.772.71$9,417
Oct 2020243,18836.972.48$8,789
Sep 2020243,29837.091.99$7,457
Aug 2020233,81239.982.39$10,012
Jul 2020243,54838.371.83$7,396
Jun 2020213,13034.901.69$6,024
May 2020243,47516.921.81$6,712
Apr 2020293,53014.751.80$6,797
Mar 2020333,95730.341.86$8,346
Feb 2020323,58349.881.98$8,693
Jan 2020363,57157.252.09$9,541
Dec 2019622,84159.012.30$10,205
Nov 2019603,76655.302.75$13,677
Oct 2019573,05053.472.42$10,424
Sep 2019654,10855.052.66$14,494
Aug 2019694,35353.112.30$13,695
Jul 2019553,88256.272.46$12,645
Jun 2019694,05052.782.49$13,731
May 2019633,53458.482.74$13,369
Apr 2019693,79162.632.75$14,749
Mar 2019603,00256.803.06$12,600
Feb 2019703,50850.852.79$13,355
Jan 2019834,77746.033.23$19,242
Dec 2018653,36246.594.19$17,100
Nov 2018814,70852.934.24$24,236
Oct 2018704,43661.443.40$19,375
Sep 2018634,16459.543.11$16,693
Aug 2018443,20859.403.07$12,451
Jul 2018483,85565.142.93$14,429
Jun 2018422,70260.183.08$10,841
May 2018654,25465.382.90$16,590
Apr 2018704,12863.842.90$16,443
Mar 2018614,17861.222.79$15,378
Feb 2018603,45161.782.77$13,253
Jan 2018674,23162.874.01$21,176
Dec 2017684,32057.272.92$16,515
Nov 2017543,90555.423.12$15,170
Oct 2017433,14249.292.98$11,494
Sep 2017524,71747.523.09$17,034
Aug 2017414,25145.373.00$14,632
Jul 2017383,80543.873.09$13,414
Jun 2017403,97242.493.09$13,962
May 2017453,20645.373.26$12,504
Apr 2017493,54747.933.21$13,740
Mar 2017573,41146.772.98$12,843
Feb 2017673,76850.452.95$14,506
Jan 2017463,94149.413.42$15,746
Dec 2016493,16048.763.72$14,153
Nov 2016523,89342.492.64$12,504
Oct 2016614,99246.193.09$18,244
Sep 2016312,83241.553.10$10,069
Aug 2016383,55141.442.92$11,959
Jul 2016353,37441.622.92$11,323
Jun 2016554,22045.352.69$13,828
May 2016393,56042.521.99$8,746
Apr 2016423,64136.561.99$8,785
Mar 2016423,78533.011.79$8,177
Feb 2016423,90626.472.06$9,172
Jan 2016474,04027.352.36$10,837
Dec 2015483,66532.362.00$8,888
Nov 2015944,30938.792.17$12,985
Oct 2015724,36343.552.43$13,723
Sep 2015714,43442.992.76$15,283
Aug 2015594,48340.162.87$15,247
Jul 2015765,13148.152.95$18,771
Jun 2015795,25056.152.88$19,571
May 2015844,26155.212.96$17,231
Apr 2015693,80249.822.71$13,728
Mar 2015593,76542.892.93$13,580
Feb 2015724,75344.662.98$17,361
Jan 2015665,47543.433.10$19,842
Dec 2014604,30554.693.59$18,742
Nov 2014655,02070.464.25$25,924
Oct 2014665,24578.303.90$25,628
Sep 20141047,88986.164.05$40,875
Aug 2014589,03889.394.04$41,654
Jul 2014266,21296.564.18$28,474
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20148095.944.81$768
Mar 2014462,69295.895.06$18,024
Feb 2014604,12397.406.19$31,374
Jan 2014745,26690.404.86$32,286
Dec 20131265,94291.824.35$37,444
Nov 2013764,38688.853.74$23,149
Oct 2013503,55997.423.78$18,322
Sep 2013605,485104.113.72$26,638
Aug 2013393,857104.253.52$17,652
Jul 2013393,584102.523.72$17,323
Jun 2013545,06694.403.93$25,024
May 2013584,45294.834.15$23,972
Apr 2013694,52793.964.28$25,871
Mar 20131284,55693.623.91$29,810
Feb 2013973,48491.233.42$20,764
Jan 2013414,13991.603.42$17,911
Dec 2012444,22586.773.42$18,268
Nov 20121165,04186.953.62$28,360
Oct 20121345,79089.383.40$31,661
Sep 20121335,87094.672.92$29,722
Aug 2012703,08992.662.91$15,470
Jul 20121114,42685.133.02$22,819
Jun 20121396,56679.822.52$27,635
May 2012583,82691.612.49$14,834
Apr 2012564,910101.652.00$15,497
Mar 2012555,584105.052.22$18,186
Feb 2012595,210101.102.57$19,356
Jan 2012666,40798.092.73$23,991
Dec 2011373,62596.873.24$15,328
Nov 2011485,55295.723.31$22,979
Oct 2011885,75084.983.65$28,457
Sep 2011776,34183.623.99$31,713
Aug 2011392,95583.404.15$15,514
Jul 2011584,26794.144.52$24,735
Jun 2011534,01992.904.64$23,571
May 2011715,96398.134.40$33,233
Apr 2011605,935105.964.33$32,076
Mar 201134596.364.06$472
Feb 2011422,91085.644.18$15,761
Jan 2011766,48586.504.59$36,332
Dec 2010434,32985.734.35$22,508
Nov 2010444,25380.843.80$19,699
Oct 2010464,21878.103.51$18,393
Sep 2010607,39372.633.98$33,778
Aug 2010364,48473.684.42$22,469
Jul 2010414,67372.554.74$25,108
Jun 2010657,53170.364.91$41,554
May 2010544,56671.124.24$23,178
Apr 2010805,77281.694.12$30,331
Mar 20101117,98978.394.39$43,762
Feb 2010543,74773.585.44$24,366
Jan 2010766,06474.365.96$41,818
Dec 2009997,01071.445.48$45,514
Nov 2009794,61374.593.75$23,198
Oct 20091386,45772.544.11$36,550
Sep 20091498,48765.543.06$35,776
Aug 20091005,11667.423.22$23,208
Jul 20091248,11161.133.46$35,681
Jun 2009795,24666.163.90$25,660
May 2009845,87554.743.93$27,662
Apr 2009836,95946.773.59$28,847
Mar 2009948,83642.144.06$39,826
Feb 2009413,82032.814.63$19,043
Jan 2009605,38135.865.37$31,053
Dec 2008998,45637.105.98$54,216
Nov 2008895,61155.496.86$43,432
Oct 20081299,19375.246.92$73,340
Sep 2008432,977101.767.88$27,826
Aug 2008364,846114.228.48$45,221
Jul 2008507,324131.0811.39$89,970
Jun 2008478,457131.3313.03$116,389
May 2008264,446123.1711.57$54,662
Apr 2008386,716110.3110.45$74,407
Mar 2008427,610101.909.66$77,823
Feb 2008587,72792.538.77$73,137
Jan 200814117,82690.388.21$159,019
Dec 20078910,41088.337.30$83,875
Nov 200710111,36991.677.29$92,158
Oct 200712717,20682.856.92$129,622
Sep 200713524,29575.846.24$161,940
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 2005033154.6910.59$3,505
Oct 200505058.3413.80$690
Sep 20050461.4512.08$48
Aug 200524,07061.519.80$39,996
Jul 200548,59655.697.84$67,647
Jun 200524,06352.337.38$30,094
May 200536,36345.226.65$42,457
Apr 200537,37749.207.36$54,446
Mar 200547,33750.377.15$52,697
Feb 200547,74345.226.31$49,054
Jan 200568,27743.166.32$52,588
Dec 200457,09739.866.75$48,112
Nov 200477,13945.286.33$45,510
Oct 2004217,39549.706.52$49,223
Sep 2004537,62443.245.28$42,576
Aug 2004609,54542.375.55$55,523
Jul 2004475,83538.286.08$37,300
Jun 2004537,76536.106.43$51,866
May 2004406,15437.486.49$41,467
Apr 2004117,34234.475.86$43,392
Mar 200408,49134.365.53$46,956
Feb 200408,29132.455.51$45,680
Jan 200408,17132.036.30$51,474
Dec 200308,85830.266.30$55,820
Nov 200318,50128.804.60$39,092
Oct 2003129,25828.174.76$44,403
Sep 2003159,55626.314.75$45,780
Aug 2003149,26829.765.13$47,959
Jul 2003128,58829.415.17$44,760
Jun 2003137,89728.565.98$47,619
May 2003118,95326.595.97$53,766
Apr 200399,15926.675.41$49,765
Mar 2003310,36231.146.10$63,261
Feb 200338,82133.487.93$70,015
Jan 200349,66830.315.58$54,088
Dec 2002410,45626.914.85$50,859
Nov 2002310,65924.664.14$44,170
Oct 2002310,99726.464.23$46,587
Sep 200209,27427.443.64$33,713
Aug 2002011,25625.963.16$35,616
Jul 2002011,92424.583.06$36,508
Jun 2002011,43323.733.34$38,166
May 2002713,07924.663.58$47,048
Apr 200216516,28323.653.51$61,093
Mar 20021395,52422.003.10$20,197
Feb 20021917,91318.222.38$22,279
Jan 200222210,26917.172.38$28,208
Dec 20012138,59816.932.36$23,935
Nov 20015110,44018.072.41$26,035
Oct 2001358,45119.782.53$22,064
Sep 2001205,11724.262.25$12,005
Aug 2001319,02524.873.05$28,326
Jul 20014112,05723.933.20$39,528
Jun 2001224,55424.563.82$17,956
May 2001426,61925.524.31$29,582
Apr 2001879,45224.685.34$52,577
Mar 2001808,10224.545.38$45,523
Feb 2001778,27927.755.77$49,882
Jan 2001494,67827.478.40$40,635
Dec 2000565,36826.889.12$50,475
Nov 20001149,67032.215.66$58,385
Oct 2000325,47031.235.15$29,145
Sep 2000185,69931.875.19$30,132
Aug 2000319,90929.644.54$45,913
Jul 20003410,49328.534.09$43,884
Jun 20005315,30429.304.40$68,848
May 2000276,44927.263.68$24,467
Apr 2000335,39524.513.12$17,620
Mar 20007411,29328.422.86$34,398
Feb 2000375,28827.622.73$15,440
Jan 20008111,02225.272.48$29,387
Dec 1999618,15924.282.42$21,256
Nov 19997411,80023.192.43$30,437
Oct 19995410,03120.982.80$29,257
Sep 19996111,09721.752.62$30,388
Aug 19996614,42519.262.88$42,752
Jul 19997112,33217.892.37$30,526
Jun 19997910,29915.942.36$25,587
May 1999779,00915.792.32$22,126
Apr 1999819,24515.102.21$21,637
Mar 199910910,56212.471.84$20,776
Feb 199910510,6499.981.82$20,406
Jan 1999978,62810.381.90$17,400
Dec 1998979,1919.201.77$17,191
Nov 199813210,07610.892.19$23,461
Oct 19989110,49712.421.97$21,801
Sep 1998846,28012.592.08$14,136
Aug 1998919,13211.301.91$18,446
Jul 199810110,33811.742.24$24,315
Jun 1998776,95511.242.24$16,426
May 199814413,33312.622.21$31,234
Apr 1998977,76713.042.51$20,724
Mar 19981006,27312.802.31$15,767
Feb 19981508,88113.952.30$22,511
Jan 199827820,18714.702.15$47,585
Dec 199706,40116.322.41$15,433
Nov 199706,50618.193.09$20,092
Oct 1997010,70719.253.15$33,725
Sep 1997013,71717.742.95$40,532
Aug 1997010,02017.862.55$25,598
Jul 1997013,94517.582.25$31,334
Jun 1997013,11817.242.26$29,610
May 1997013,89918.972.31$32,086
Apr 1997011,20917.882.08$23,346
Mar 199709,15918.951.94$17,761
Feb 1997014,18520.492.21$31,291
Jan 1997013,03523.483.54$46,140
Dec 1996015,72823.32$0
Nov 1996017,24121.97$0
Oct 199607,00823.31$0
Sep 1996014,30822.22$0
Aug 199608,58920.26$0
Jul 1996013,55219.55$0
Jun 1996016,52918.73$0
May 1996013,48319.43$0
Apr 1996013,63821.51$0
Mar 1996015,62619.38$0
Feb 1996019,35416.98$0
Jan 1996023,28317.07$0
Dec 199502,98717.19$0
Nov 1995023,94616.00$0
Oct 199506,97215.43$0
Sep 199507,14916.18$0
Aug 1995019,07315.92$0
Jul 1995018,76015.24$0
Jun 1995019,65916.41$0
May 1995020,24617.56$0
Apr 1995024,52617.73$0
Mar 1995030,17416.44$0
Feb 1995036,19916.58$0
Jan 199503,74615.92$0
Dec 199405,56215.03$0
Nov 199405,74315.90$0
Oct 199408,03815.58$0
Sep 1994026,83615.29$0
Aug 1994014,34316.13$0
Jul 199405,12817.56$0
Jun 199404,64617.09$0
May 199405,13415.88$0
Apr 199405,25114.14$0
Mar 199406,20412.46$0
Feb 199407,06812.50$0
Jan 1994019,79612.66$0
Dec 199306,29612.33$0
Nov 1993016,30514.49$0
Oct 199305,28115.85$0
Sep 199304,96515.03$0
Aug 199308,54715.66$0
Jul 199309,06715.46$0
Jun 1993010,85216.79$0
May 1993020,17817.68$0
Apr 1993026,03818.05$0
Mar 1993043,79118.14$0
Feb 1993014,49117.90$0
Jan 1993037,63216.93$0

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.

May 2026 — as filed, then multipliedworked
Condensate            15 bbl  × $106.41 =     $1,596
Gas                2,085 Mcf  × $  3.05 =     $6,351

────────────────────────────────────────────────────
Month total                                   $7,947

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. 06/G/103243 is the state's own key, not one this site invented.