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 141385District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$95 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
High Cost Gas111992-07-16125629
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
CondensateDisposition10,904 bbl$555,437
GasProduction2,582,646 Mcf$7,426,498
Total$7,981,935

878,239 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 32.1510, -94.3610. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15096, -94.36104 · 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
9,974 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 9,974 ft.

Completions filed
Jan 1992
1 of 1 wells

1 well

42-3653255149,974 ftJan 1992

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 2026331,651106.413.05$8,540
Apr 2026381,04698.932.87$6,761
Mar 2026401,26889.753.15$7,583
Feb 2026351,19963.503.75$6,719
Jan 2026371,30559.138.00$12,625
Dec 2025421,51356.664.41$9,057
Nov 2025311,41558.593.93$7,372
Oct 2025402,15259.383.30$9,487
Sep 2025301,38662.743.08$6,147
Aug 2025331,54263.933.01$6,758
Jul 2025311,58066.743.32$7,307
Jun 2025331,56766.483.13$7,097
May 2025291,45860.553.23$6,469
Apr 2025361,33662.363.54$6,979
Mar 2025321,28767.704.27$7,660
Feb 2025331,22070.884.34$7,635
Jan 2025401,39974.324.28$8,959
Dec 2024381,48268.993.12$7,247
Nov 2024331,29869.052.20$5,132
Oct 2024341,27071.372.28$5,324
Sep 2024381,57169.612.36$6,360
Aug 2024462,01075.632.06$7,627
Jul 2024502,18479.932.15$8,685
Jun 2024562,39578.082.63$10,681
May 2024592,63678.812.20$10,445
Apr 2024662,32384.451.66$9,428
Mar 2024642,27480.301.55$8,653
Feb 2024571,83276.091.78$7,605
Jan 2024501,88973.023.30$9,880
Dec 2023521,85271.262.61$8,541
Nov 2023531,62177.892.81$8,679
Oct 2023541,90185.443.09$10,483
Sep 2023451,97589.042.74$9,409
Aug 2023462,03680.522.67$9,146
Jul 2023462,03274.852.64$8,811
Jun 2023561,96168.962.26$8,291
May 2023511,98070.622.23$8,012
Apr 2023391,61878.122.24$6,667
Mar 2023541,92472.852.39$8,538
Feb 2023621,68575.112.47$8,811
Jan 2023863,29576.533.39$17,744
Dec 2022682,70176.415.73$20,670
Nov 2022562,14185.005.65$16,849
Oct 2022502,06287.185.86$16,450
Sep 2022421,96284.888.16$19,582
Aug 2022441,71994.529.13$19,848
Jul 2022542,035101.587.54$20,833
Jun 2022502,160115.097.98$22,985
May 2022512,191109.378.43$24,055
Apr 2022531,963104.226.84$18,946
Mar 2022632,181108.885.08$17,931
Feb 2022641,98591.054.86$15,472
Jan 2022742,33981.844.54$16,670
Dec 2021612,39171.323.90$13,673
Nov 2021712,33977.435.24$17,747
Oct 2021532,46479.795.71$18,308
Sep 2021401,70769.865.35$11,928
Aug 2021261,18966.024.22$6,735
Jul 2021261,11570.783.98$6,280
Jun 2021291,20469.493.38$6,085
May 2021451,52863.483.02$7,468
Apr 2021411,66460.362.76$7,065
Mar 2021501,55461.302.72$7,287
Feb 2021441,49957.805.55$10,860
Jan 2021481,61550.412.81$6,958
Dec 2020561,88844.642.68$7,551
Nov 2020652,13138.772.71$8,288
Oct 2020442,29036.972.48$7,302
Sep 2020432,32837.091.99$6,230
Aug 2020382,36739.982.39$7,165
Jul 2020412,18238.371.83$5,556
Jun 2020422,35334.901.69$5,443
May 2020482,63816.921.81$5,599
Apr 2020562,61414.751.80$5,543
Mar 2020592,69530.341.86$6,793
Feb 2020592,49049.881.98$7,875
Jan 2020592,74757.252.09$9,132
Dec 2019272,84559.012.30$8,149
Nov 2019202,58355.302.75$8,211
Oct 2019212,53353.472.42$7,249
Sep 2019182,51055.052.66$7,661
Aug 2019162,19953.112.30$5,917
Jul 2019121,82856.272.46$5,172
Jun 2019151,79352.782.49$5,258
May 2019182,14658.482.74$6,933
Apr 2019222,45462.632.75$8,128
Mar 2019222,48556.803.06$8,859
Feb 2019202,20650.852.79$7,177
Jan 2019222,58846.033.23$9,367
Dec 2018212,58446.594.19$11,794
Nov 2018212,53052.934.24$11,832
Oct 2018192,61861.443.40$10,064
Sep 2018192,58159.543.11$9,153
Aug 2018162,69559.403.07$9,215
Jul 2018162,68365.142.93$8,908
Jun 2018192,82360.183.08$9,830
May 2018192,59365.382.90$8,764
Apr 2018182,27863.842.90$7,757
Mar 2018152,06461.222.79$6,670
Feb 2018192,35761.782.77$7,694
Jan 2018202,75662.874.01$12,307
Dec 2017182,42757.272.92$8,121
Nov 2017142,00655.423.12$7,031
Oct 2017152,44949.292.98$8,046
Sep 2017152,67347.523.09$8,965
Aug 2017143,07645.373.00$9,877
Jul 2017122,52443.873.09$8,319
Jun 2017112,32242.493.09$7,636
May 2017182,77145.373.26$9,860
Apr 2017182,71347.933.21$9,576
Mar 2017222,81146.772.98$9,416
Feb 2017232,69050.452.95$9,103
Jan 2017173,05749.413.42$11,291
Dec 2016222,78648.763.72$11,445
Nov 2016281,97142.492.64$6,402
Oct 2016292,13146.193.09$7,925
Sep 2016252,16041.553.10$7,736
Aug 2016262,41841.442.92$8,148
Jul 2016242,24441.622.92$7,561
Jun 2016292,32645.352.69$7,562
May 2016152,33242.521.99$5,281
Apr 2016162,26636.561.99$5,097
Mar 2016172,34533.011.79$4,768
Feb 2016162,24426.472.06$5,054
Jan 2016212,42827.352.36$6,315
Dec 2015192,48632.362.00$5,590
Nov 201502,42438.792.17$5,254
Oct 201502,53243.552.43$6,144
Sep 201502,66342.992.76$7,346
Aug 201502,58540.162.87$7,425
Jul 201502,72748.152.95$8,031
Jun 201502,70956.152.88$7,810
May 201503,06855.212.96$9,067
Apr 201513,00749.822.71$8,188
Mar 2015143,33842.892.93$10,397
Feb 2015132,46644.662.98$7,920
Jan 2015133,31343.433.10$10,837
Dec 2014133,59554.693.59$13,622
Nov 2014132,98070.464.25$13,586
Oct 2014113,34078.303.90$13,891
Sep 2014114,16586.164.05$17,797
Aug 201492,63889.394.04$11,449
Jul 2014103,64596.564.18$16,200
Jun 2014103,58998.164.74$17,982
May 2014123,96194.734.73$19,859
Apr 2014134,39295.944.81$22,369
Mar 2014133,96295.895.06$21,282
Feb 2014133,98897.406.19$25,960
Jan 2014143,78190.404.86$19,644
Dec 2013273,18491.824.35$16,344
Nov 2013192,73088.853.74$11,894
Oct 2013123,03997.423.78$12,655
Sep 2013123,700104.113.72$15,005
Aug 2013113,787104.253.52$14,487
Jul 2013114,110102.523.72$16,408
Jun 201382,79294.403.93$11,737
May 2013133,44494.834.15$15,522
Apr 2013173,54993.964.28$16,796
Mar 2013263,82793.623.91$17,409
Feb 2013233,62191.233.42$14,482
Jan 201393,98891.603.42$14,463
Dec 201283,86586.773.42$13,913
Nov 2012143,97886.953.62$15,637
Oct 2012114,18889.383.40$15,221
Sep 2012114,07794.672.92$12,940
Aug 201293,69292.662.91$11,571
Jul 2012104,06885.133.02$13,140
Jun 2012104,18379.822.52$11,335
May 201254,28091.612.49$11,108
Apr 201204,072101.652.00$8,131
Mar 201204,808105.052.22$10,684
Feb 201203,819101.102.57$9,816
Jan 201203,91098.092.73$10,690
Dec 201104,69296.873.24$15,201
Nov 201104,86595.723.31$16,109
Oct 201105,48084.983.65$19,994
Sep 201102,88083.623.99$11,479
Aug 201103,93883.404.15$16,340
Jul 201104,97894.144.52$22,487
Jun 201103,94692.904.64$18,309
May 201115,10498.134.40$22,580
Apr 2011154,202105.964.33$19,798
Mar 2011174,23996.364.06$18,837
Feb 2011174,16485.644.18$18,861
Jan 2011174,11286.504.59$20,340
Dec 2010104,03485.734.35$18,396
Nov 201004,33380.843.80$16,445
Oct 201004,77578.103.51$16,755
Sep 201004,64872.633.98$18,497
Aug 201005,21373.684.42$23,038
Jul 201005,20472.554.74$24,649
Jun 201015,17070.364.91$25,457
May 2010104,71571.124.24$20,680
Apr 2010205,37581.694.12$23,793
Mar 2010205,41178.394.39$25,315
Feb 2010174,67873.585.44$26,710
Jan 2010164,51974.365.96$28,141
Dec 2009205,09971.445.48$29,390
Nov 2009225,61474.593.75$22,702
Oct 200905,32572.544.11$21,887
Sep 200905,34265.543.06$16,372
Aug 200905,54367.423.22$17,840
Jul 200905,62061.133.46$19,470
Jun 200905,70166.163.90$22,205
May 200915,61454.743.93$22,094
Apr 200975,76346.773.59$21,002
Mar 200975,95942.144.06$24,483
Feb 200955,11232.814.63$23,848
Jan 200966,01535.865.37$32,522
Dec 2008106,10437.105.98$36,855
Nov 2008495,95155.496.86$43,545
Oct 2008647,31075.246.92$55,415
Sep 2008232,357101.767.88$20,907
Aug 2008265,939114.228.48$53,350
Jul 2008224,783131.0811.39$57,359
Jun 2008405,872131.3313.03$81,781
May 20081156,863123.1711.57$93,599
Apr 2008673,599110.3110.45$45,018
Mar 2008895,244101.909.66$59,747
Feb 20081074,59092.538.77$50,158
Jan 200825610,46190.388.21$108,977
Dec 20071105,34988.337.30$48,775
Nov 200705,98491.677.29$43,634
Oct 200705,72482.856.92$39,621
Sep 200705,15775.846.24$32,201
Aug 200706,32169.066.39$40,378
Jul 200716,04870.906.39$38,705
Jun 200766,15762.007.55$46,848
May 2007105,71358.747.85$45,413
Apr 200784,81759.617.81$38,075
Mar 2007105,52556.927.30$40,913
Feb 200784,53555.108.22$37,700
Jan 200784,77550.306.73$32,523
Dec 200684,93356.656.92$34,582
Nov 200635,31654.207.62$40,657
Oct 200635,63554.906.01$34,052
Sep 200635,40860.085.04$27,421
Aug 200625,13668.717.34$37,835
Jul 200635,94769.376.34$37,929
Jun 200635,88366.286.38$37,755
May 200646,44866.016.42$41,692
Apr 200635,15564.397.36$38,136
Mar 200645,71856.707.08$40,727
Feb 200635,04557.597.75$39,277
Jan 200646,50260.598.93$58,327
Dec 200545,98054.9413.42$80,444
Nov 200534,47954.6910.59$47,590
Oct 200524,72458.3413.80$65,288
Sep 200536,14161.4512.08$74,361
Aug 200535,26361.519.80$51,745
Jul 200536,79655.697.84$53,472
Jun 200536,54052.337.38$48,429
May 200536,81245.226.65$45,443
Apr 200536,47249.207.36$47,785
Mar 200525,89150.377.15$42,250
Feb 200525,50145.226.31$34,812
Jan 200526,12743.166.32$38,822
Dec 200446,07939.866.75$41,199
Nov 200446,04545.286.33$38,449
Oct 200436,88149.706.52$44,980
Sep 200407,07643.245.28$37,389
Aug 200407,49042.375.55$41,574
Jul 200407,32938.286.08$44,591
Jun 200406,85536.106.43$44,098
May 200407,66637.486.49$49,787
Apr 200407,44834.475.86$43,634
Mar 200407,95834.365.53$44,009
Feb 200407,14832.455.51$39,383
Jan 200407,35432.036.30$46,328
Dec 200308,45130.266.30$53,255
Nov 200308,42828.804.60$38,728
Oct 200338,18828.174.76$39,056
Sep 200336,18726.314.75$29,463
Aug 200337,03329.765.13$36,167
Jul 200336,84829.415.17$35,498
Jun 200327,56428.565.98$45,312
May 200349,96926.595.97$59,648
Apr 2003129,36426.675.41$50,954
Mar 2003539,19031.146.10$57,673
Feb 2003468,65933.487.93$70,170
Jan 20037111,31730.315.58$65,324
Dec 2002629,79726.914.85$49,221
Nov 2002539,53724.664.14$40,761
Oct 2002547,77226.464.23$34,298
Sep 2002856,38227.443.64$25,532
Aug 2002627,53925.963.16$25,464
Jul 2002757,49124.583.06$24,779
Jun 2002727,38323.733.34$26,355
May 2002696,81624.663.58$26,130
Apr 2002407,29023.653.51$26,551
Mar 2002387,55422.003.10$24,274
Feb 2002306,22218.222.38$15,328
Jan 2002296,71217.172.38$16,443
Dec 2001417,56816.932.36$18,588
Nov 20011077,12218.072.41$19,066
Oct 20011187,85319.782.53$22,193
Sep 2001926,50924.262.25$16,886
Aug 2001836,54924.873.05$22,059
Jul 2001927,32323.933.20$25,614
Jun 20011076,23024.563.82$26,452
May 2001797,23225.524.31$33,167
Apr 2001276,91324.685.34$37,549
Mar 2001337,59324.545.38$41,633
Feb 2001287,21527.755.77$42,386
Jan 2001327,42127.478.40$63,206
Dec 2000296,71126.889.12$62,001
Nov 2000397,00132.215.66$40,868
Oct 2000957,68431.235.15$42,505
Sep 2000677,97631.875.19$43,503
Aug 2000718,14429.644.54$39,084
Jul 2000768,56528.534.09$37,197
Jun 2000939,57229.304.40$44,815
May 2000839,22827.263.68$36,219
Apr 2000397,31624.513.12$23,753
Mar 2000498,18928.422.86$24,811
Feb 2000487,88027.622.73$22,811
Jan 2000568,59925.272.48$22,745
Dec 1999639,41924.282.42$24,359
Nov 1999529,25623.192.43$23,735
Oct 1999419,00420.982.80$26,105
Sep 19995010,93021.752.62$29,712
Aug 19994511,88919.262.88$35,055
Jul 19995211,29117.892.37$27,717
Jun 19996110,10415.942.36$24,839
May 1999598,57515.792.32$20,834
Apr 1999598,07315.102.21$18,716
Mar 1999738,41412.471.84$16,378
Feb 1999617,5709.981.82$14,369
Jan 1999848,97210.381.90$17,918
Dec 1998748,4189.201.77$15,609
Nov 1998938,47110.892.19$19,528
Oct 1998759,12512.421.97$18,901
Sep 19981288,85512.592.08$20,053
Aug 19981429,44011.301.91$19,610
Jul 19981379,07011.742.24$21,900
Jun 19981458,79311.242.24$21,302
May 19981619,96012.622.21$24,007
Apr 19981188,54013.042.51$22,934
Mar 199810610,51312.802.31$25,636
Feb 19981089,96213.952.30$24,411
Jan 1998909,92214.702.15$22,703
Dec 1997010,51316.322.41$25,348
Nov 1997010,76318.193.09$33,239
Oct 1997011,40719.253.15$35,930
Sep 1997010,89717.742.95$32,199
Aug 1997010,65817.862.55$27,228
Jul 1997011,80017.582.25$26,514
Jun 1997011,61017.242.26$26,206
May 1997012,02018.972.31$27,748
Apr 1997011,35817.882.08$23,656
Mar 1997012,42618.951.94$24,096
Feb 1997011,81720.492.21$26,067
Jan 1997012,97923.483.54$45,942
Dec 1996012,80523.32$0
Nov 1996012,98721.97$0
Oct 1996012,19423.31$0
Sep 1996011,74622.22$0
Aug 1996011,54420.26$0
Jul 1996012,45519.55$0
Jun 1996013,52818.73$0
May 1996014,59319.43$0
Apr 1996014,52221.51$0
Mar 1996015,49219.38$0
Feb 1996015,45316.98$0
Jan 1996013,60417.07$0
Dec 1995015,24017.19$0
Nov 1995014,48116.00$0
Oct 1995015,18915.43$0
Sep 1995015,56816.18$0
Aug 1995016,64115.92$0
Jul 1995016,52315.24$0
Jun 1995017,42116.41$0
May 1995019,15717.56$0
Apr 1995023,24617.73$0
Mar 1995017,39716.44$0
Feb 1995011,95016.58$0
Jan 1995030,11115.92$0
Dec 1994036,07915.03$0
Nov 1994012,67515.90$0
Oct 1994024,66615.58$0
Sep 1994038,46915.29$0
Aug 1994025,69516.13$0
Jul 1994011,37517.56$0
Jun 199409,20117.09$0
May 1994010,37515.88$0
Apr 1994014,18914.14$0
Mar 1994014,81512.46$0
Feb 1994013,22312.50$0
Jan 1994017,12412.66$0
Dec 1993025,92612.33$0
Nov 1993015,45414.49$0
Oct 1993019,14915.85$0
Sep 1993020,20715.03$0
Aug 1993022,80415.66$0
Jul 1993019,86215.46$0
Jun 1993020,24716.79$0
May 1993023,87617.68$0
Apr 1993028,67318.05$0
Mar 1993033,10218.14$0
Feb 1993033,10917.90$0
Jan 1993014,09716.93$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            33 bbl  × $106.41 =     $3,512
Gas                1,651 Mcf  × $  3.05 =     $5,029

────────────────────────────────────────────────────
Month total                                   $8,540

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/141385 is the state's own key, not one this site invented.