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 142991District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$90 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 Gas111993-03-01127012
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
CondensateDisposition7,167 bbl$333,987
GasProduction1,928,143 Mcf$5,639,725
Total$5,973,711

621,417 Mcf of this lease's gas, across 47 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 32.1466, -94.3523. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14661, -94.35233 · 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
9,700 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 9,700 ft.

Completions filed
Oct 1992
1 of 1 wells

1 well

42-3653265659,700 ftOct 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 202601,700106.413.05$5,178
Apr 202601,57598.932.87$4,520
Mar 202601,60689.753.15$5,058
Feb 202601,73263.503.75$6,496
Jan 202602,12359.138.00$16,980
Dec 202502,18856.664.41$9,656
Nov 202502,19558.593.93$8,619
Oct 202501,85059.383.30$6,114
Sep 202502,02562.743.08$6,231
Aug 202502,22963.933.01$6,720
Jul 202502,23766.743.32$7,416
Jun 202502,14266.483.13$6,702
May 202502,18660.553.23$7,066
Apr 202501,90462.363.54$6,746
Mar 202502,05567.704.27$8,771
Feb 202501,95370.884.34$8,478
Jan 202502,24574.324.28$9,606
Dec 202402,31368.993.12$7,220
Nov 202402,34369.052.20$5,151
Oct 202402,46871.372.28$5,631
Sep 202402,35669.612.36$5,570
Aug 202402,28575.632.06$4,715
Jul 202402,31579.932.15$4,969
Jun 202402,09878.082.63$5,526
May 202402,36778.812.20$5,204
Apr 202402,01884.451.66$3,348
Mar 202402,14980.301.55$3,320
Feb 202401,93976.091.78$3,458
Jan 202401,97973.023.30$6,526
Dec 202302,06471.262.61$5,389
Nov 202301,88277.892.81$5,284
Oct 202301,92285.443.09$5,934
Sep 202302,18189.042.74$5,965
Aug 202302,26380.522.67$6,049
Jul 202302,26774.852.64$5,989
Jun 202302,12968.962.26$4,808
May 202302,37670.622.23$5,292
Apr 202302,25278.122.24$5,039
Mar 202302,43872.852.39$5,835
Feb 202302,15575.112.47$5,314
Jan 202302,32076.533.39$7,860
Dec 202201,47876.415.73$8,468
Nov 202201,85285.005.65$10,457
Oct 202201,66787.185.86$9,775
Sep 202201,70884.888.16$13,944
Aug 202202,13994.529.13$19,523
Jul 202202,135101.587.54$16,102
Jun 202202,153115.097.98$17,175
May 202201,899109.378.43$16,014
Apr 202202,059104.226.84$14,079
Mar 202202,164108.885.08$10,985
Feb 202201,95291.054.86$9,484
Jan 202202,28181.844.54$10,350
Dec 202102,22871.323.90$8,687
Nov 202102,31877.435.24$12,139
Oct 202102,58379.795.71$14,759
Sep 202101,98869.865.35$10,638
Aug 202101,79166.024.22$7,559
Jul 202101,79370.783.98$7,140
Jun 202101,70569.493.38$5,764
May 202102,02963.483.02$6,123
Apr 202102,32160.362.76$6,402
Mar 202102,31761.302.72$6,295
Feb 202101,95857.805.55$10,863
Jan 202102,03150.412.81$5,708
Dec 202002,22844.642.68$5,961
Nov 202032,48138.772.71$6,831
Oct 2020122,29936.972.48$6,142
Sep 2020122,51437.091.99$5,451
Aug 2020112,62039.982.39$6,689
Jul 2020122,59638.371.83$5,198
Jun 2020112,59534.901.69$4,770
May 2020102,01116.921.81$3,819
Apr 2020132,23114.751.80$4,217
Mar 2020152,49430.341.86$5,085
Feb 2020152,32449.881.98$5,351
Jan 2020152,56357.252.09$6,228
Dec 2019122,58959.012.30$6,674
Nov 201992,37755.302.75$7,036
Oct 201992,38853.472.42$6,257
Sep 201982,43255.052.66$6,903
Aug 201982,37253.112.30$5,891
Jul 201972,33756.272.46$6,143
Jun 201992,30752.782.49$6,222
May 201992,35458.482.74$6,977
Apr 2019102,42162.632.75$7,286
Mar 2019102,37156.803.06$7,828
Feb 2019102,38950.852.79$7,179
Jan 2019102,61846.033.23$8,912
Dec 2018102,66946.594.19$11,637
Nov 201882,11152.934.24$9,368
Oct 201892,56761.443.40$9,276
Sep 201892,59859.543.11$8,610
Aug 201872,58659.403.07$8,346
Jul 201872,66965.142.93$8,281
Jun 201882,69060.183.08$8,758
May 201892,73065.382.90$8,508
Apr 201892,36563.842.90$7,435
Mar 201882,51161.222.79$7,488
Feb 201882,14161.782.77$6,417
Jan 201892,59662.874.01$10,974
Dec 201792,73057.272.92$8,491
Nov 201782,63755.423.12$8,666
Oct 201772,66249.292.98$8,288
Sep 201762,48347.523.09$7,951
Aug 201752,53545.373.00$7,843
Jul 201752,50843.873.09$7,962
Jun 201752,46042.493.09$7,807
May 201772,46145.373.26$8,349
Apr 201782,52347.933.21$8,486
Mar 201792,60646.772.98$8,196
Feb 201792,37850.452.95$7,475
Jan 201772,65449.413.42$9,419
Dec 201682,70148.763.72$10,445
Nov 201602,54442.492.64$6,727
Oct 201602,71046.193.09$8,375
Sep 201602,60241.553.10$8,068
Aug 201602,72841.442.92$7,978
Jul 201602,75141.622.92$8,045
Jun 201612,68745.352.69$7,262
May 201692,69942.521.99$5,757
Apr 201692,52636.561.99$5,358
Mar 2016102,77233.011.79$5,303
Feb 201692,61626.472.06$5,637
Jan 2016112,67227.352.36$6,618
Dec 201593,03432.362.00$6,364
Nov 201502,96038.792.17$6,415
Oct 201503,21843.552.43$7,809
Sep 201503,11842.992.76$8,601
Aug 201503,19640.162.87$9,180
Jul 201503,22748.152.95$9,504
Jun 201503,10156.152.88$8,940
May 201502,45855.212.96$7,265
Apr 201552,57949.822.71$7,229
Mar 2015423,14242.892.93$11,022
Feb 2015432,91644.662.98$10,599
Jan 2015403,28243.433.10$11,913
Dec 2014423,25754.693.59$13,994
Nov 2014403,22970.464.25$16,548
Oct 2014323,25978.303.90$15,219
Sep 2014293,25286.164.05$15,654
Aug 2014353,35489.394.04$16,662
Jul 2014343,51396.564.18$17,966
Jun 2014323,44898.164.74$19,474
May 2014373,84594.734.73$21,679
Apr 2014413,96095.944.81$22,978
Mar 2014384,06195.895.06$24,179
Feb 2014394,51397.406.19$31,743
Jan 2014413,27590.404.86$19,625
Dec 2013593,59591.824.35$21,072
Nov 2013362,95488.853.74$14,241
Oct 201372,67297.423.78$10,780
Sep 201362,514104.113.72$9,971
Aug 201383,524104.253.52$13,248
Jul 201373,231102.523.72$12,730
Jun 201373,07694.403.93$12,760
May 201382,68394.834.15$11,891
Apr 201383,70993.964.28$16,636
Mar 201303,02693.623.91$11,840
Feb 201302,32891.233.42$7,962
Jan 201302,69191.603.42$9,203
Dec 201202,91786.773.42$9,977
Nov 201203,02286.953.62$10,955
Oct 201202,71589.383.40$9,230
Sep 201202,74294.672.92$8,002
Aug 201203,23492.662.91$9,405
Jul 201203,55185.133.02$10,727
Jun 201202,87479.822.52$7,240
May 201212,90691.612.49$7,323
Apr 2012102,463101.652.00$5,935
Mar 2012363,814105.052.22$12,257
Feb 2012413,831101.102.57$13,992
Jan 2012444,47198.092.73$16,540
Dec 2011414,25796.873.24$17,763
Nov 2011274,32395.723.31$16,899
Oct 2011273,13984.983.65$13,747
Sep 2011263,46383.623.99$15,977
Aug 2011263,49383.404.15$16,662
Jul 2011334,55094.144.52$23,660
Jun 2011192,60392.904.64$13,843
May 2011233,22598.134.40$16,463
Apr 2011403,509105.964.33$19,444
Mar 2011504,28996.364.06$22,220
Feb 2011342,71185.644.18$14,244
Jan 2011373,06286.504.59$17,251
Dec 2010303,10585.734.35$16,072
Nov 201052,56380.843.80$10,132
Oct 201002,25178.103.51$7,899
Sep 201003,70172.633.98$14,728
Aug 201002,61773.684.42$11,565
Jul 201002,26572.554.74$10,728
Jun 201002,29170.364.91$11,250
May 201002,50071.124.24$10,588
Apr 201002,31681.694.12$9,548
Mar 201002,45978.394.39$10,792
Feb 201001,96873.585.44$10,711
Jan 201002,19974.365.96$13,115
Dec 200952,40771.445.48$13,557
Nov 2009342,38474.593.75$11,480
Oct 2009412,65872.544.11$13,899
Sep 2009271,91765.543.06$7,645
Aug 2009332,32967.423.22$9,721
Jul 2009292,34861.133.46$9,907
Jun 2009352,47066.163.90$11,936
May 2009432,81554.743.93$13,405
Apr 2009261,99446.773.59$8,370
Mar 2009322,59942.144.06$11,898
Feb 2009252,18732.814.63$10,953
Jan 2009312,58235.865.37$14,980
Dec 2008433,36037.105.98$21,678
Nov 2008383,37955.496.86$25,290
Oct 2008363,43475.246.92$26,479
Sep 2008323,197101.767.88$28,439
Aug 2008163,105114.228.48$28,167
Jul 2008173,452131.0811.39$41,545
Jun 2008133,532131.3313.03$47,739
May 2008174,761123.1711.57$57,199
Apr 2008226,153110.3110.45$66,756
Mar 2008205,662101.909.66$56,756
Feb 2008265,78392.538.77$53,126
Jan 2008418,10290.388.21$70,188
Dec 2007264,57788.337.30$35,718
Nov 2007314,19291.677.29$33,409
Oct 2007243,03382.856.92$22,983
Sep 2007243,67175.846.24$24,742
Aug 2007283,99269.066.39$27,434
Jul 2007202,89670.906.39$19,917
Jun 2007253,51362.007.55$28,068
May 2007303,93458.747.85$32,629
Apr 2007222,83159.617.81$23,408
Mar 2007253,00256.927.30$23,344
Feb 2007252,87355.108.22$24,982
Jan 2007273,78750.306.73$26,833
Dec 2006283,82056.656.92$28,015
Nov 2006234,01254.207.62$31,808
Oct 2006193,74854.906.01$23,583
Sep 2006204,05160.085.04$21,607
Aug 2006194,04768.717.34$31,010
Jul 2006234,36269.376.34$29,263
Jun 2006234,04866.286.38$27,366
May 2006274,12866.016.42$28,305
Apr 2006253,71264.397.36$28,932
Mar 2006294,29856.707.08$32,087
Feb 2006253,92957.597.75$31,894
Jan 2006243,44960.598.93$32,265
Dec 2005394,49154.9413.42$62,391
Nov 2005473,71254.6910.59$41,875
Oct 2005494,38158.3413.80$63,298
Sep 2005413,96761.4512.08$50,437
Aug 2005484,49061.519.80$46,940
Jul 2005454,33355.697.84$36,493
Jun 2005444,34652.337.38$34,381
May 2005404,67745.226.65$32,916
Apr 2005354,45649.207.36$34,520
Mar 2005384,64550.377.15$35,148
Feb 2005151,71945.226.31$11,528
Jan 2005484,36943.166.32$29,693
Dec 2004454,33039.866.75$31,026
Nov 2004434,12645.286.33$28,066
Oct 2004374,80249.706.52$33,124
Sep 2004314,75543.245.28$26,465
Aug 2004284,98842.375.55$28,873
Jul 2004344,89038.286.08$31,053
Jun 2004304,98436.106.43$33,145
May 2004305,42637.486.49$36,364
Apr 2004395,29134.475.86$32,341
Mar 20043212,65034.365.53$71,056
Feb 20047918,88132.455.51$106,591
Jan 20046218,13832.036.30$116,249
Dec 20034812,04530.266.30$77,356
Nov 2003318,38828.804.60$39,437
Oct 2003574,03028.174.76$20,787
Sep 2003713,91926.314.75$20,481
Aug 2003684,14029.765.13$23,261
Jul 2003684,23729.415.17$23,909
Jun 2003643,84728.565.98$24,844
May 2003554,08726.595.97$25,873
Apr 2003393,61326.675.41$20,577
Mar 2003294,65931.146.10$29,305
Feb 2003213,64333.487.93$29,577
Jan 2003304,09330.315.58$23,757
Dec 2002273,75026.914.85$18,928
Nov 2002264,20324.664.14$18,029
Oct 2002223,91426.464.23$17,135
Sep 2002264,08527.443.64$15,563
Aug 2002174,11825.963.16$13,471
Jul 2002234,63724.583.06$14,763
Jun 2002194,36423.733.34$15,019
May 2002224,13224.663.58$15,352
Apr 2002254,47623.653.51$16,312
Mar 2002314,63322.003.10$15,057
Feb 2002263,98118.222.38$9,931
Jan 2002233,83917.172.38$9,515
Dec 2001314,10616.932.36$10,233
Nov 2001524,34818.072.41$11,399
Oct 2001564,84519.782.53$13,360
Sep 2001524,79924.262.25$12,066
Aug 2001464,98824.873.05$16,373
Jul 2001292,79623.933.20$9,633
Jun 2001413,09524.563.82$12,843
May 2001504,68625.524.31$21,460
Apr 2001354,27924.685.34$23,694
Mar 2001394,57224.545.38$25,538
Feb 2001344,08627.755.77$24,508
Jan 2001424,51327.478.40$39,057
Dec 2000414,79326.889.12$44,826
Nov 2000484,45632.215.66$26,758
Oct 2000534,76731.235.15$26,184
Sep 2000395,49131.875.19$29,722
Aug 2000456,27629.644.54$29,832
Jul 2000446,05428.534.09$26,015
Jun 2000516,09229.304.40$28,282
May 2000526,31927.263.68$24,670
Apr 2000415,26424.513.12$17,408
Mar 2000556,27128.422.86$19,497
Feb 2000495,31927.622.73$15,856
Jan 2000636,47425.272.48$17,651
Dec 1999676,74524.282.42$17,975
Nov 1999556,49423.192.43$17,082
Oct 1999376,26120.982.80$18,330
Sep 1999336,85321.752.62$18,665
Aug 1999317,61719.262.88$22,501
Jul 1999366,89817.892.37$17,009
Jun 1999456,94315.942.36$17,117
May 1999445,96415.792.32$14,537
Apr 1999415,64915.102.21$13,092
Mar 1999596,47712.471.84$12,643
Feb 1999536,3169.981.82$12,010
Jan 1999666,77210.381.90$13,552
Dec 1998677,5619.201.77$14,024
Nov 1998605,15010.892.19$11,910
Oct 1998506,82112.421.97$14,053
Sep 1998501,11412.592.08$2,950
Aug 1998577,02111.301.91$14,036
Jul 1998577,14511.742.24$16,654
Jun 1998596,73411.242.24$15,729
May 1998657,34112.622.21$17,017
Apr 1998466,04813.042.51$15,752
Mar 1998467,26912.802.31$17,376
Feb 1998385,93213.952.30$14,169
Jan 1998387,24114.702.15$16,161
Dec 199706,60716.322.41$15,930
Nov 199706,84818.193.09$21,148
Oct 199707,79719.253.15$24,559
Sep 199708,01017.742.95$23,669
Aug 199707,78917.862.55$19,899
Jul 199708,68817.582.25$19,521
Jun 199707,59217.242.26$17,137
May 199708,59518.972.31$19,842
Apr 199707,34317.882.08$15,294
Mar 199708,47818.951.94$16,440
Feb 199707,89620.492.21$17,418
Jan 199709,07223.483.54$32,112
Dec 199608,14323.32$0
Nov 199608,64921.97$0
Oct 199609,16823.31$0
Sep 199609,07422.22$0
Aug 199609,15320.26$0
Jul 199609,86419.55$0
Jun 199608,75518.73$0
May 199609,40519.43$0
Apr 199609,37521.51$0
Mar 199609,73519.38$0
Feb 199609,36316.98$0
Jan 1996010,13217.07$0
Dec 1995010,00917.19$0
Nov 1995010,00316.00$0
Oct 1995010,89615.43$0
Sep 1995011,22516.18$0
Aug 1995012,10215.92$0
Jul 1995011,62015.24$0
Jun 1995012,90516.41$0
May 1995018,77017.56$0
Apr 199504,42317.73$0
Mar 19950016.44$0
Feb 199508,77816.58$0
Jan 199507,78315.92$0
Dec 199406,02115.03$0
Nov 1994011,65515.90$0
Oct 1994012,27315.58$0
Sep 1994015,44715.29$0
Aug 1994016,11016.13$0
Jul 1994014,21817.56$0
Jun 1994016,21417.09$0
May 1994030,85515.88$0
Apr 1994026,78414.14$0
Mar 199407,90912.46$0
Feb 199408,21112.50$0
Jan 1994011,83212.66$0
Dec 1993012,64412.33$0
Nov 1993018,18314.49$0
Oct 199307,44315.85$0
Sep 199309,81515.03$0
Aug 1993016,60615.66$0
Jul 1993016,83015.46$0
Jun 1993017,78316.79$0
May 1993017,26917.68$0
Apr 1993019,14818.05$0
Mar 1993023,30518.14$0
Feb 1993027,96417.90$0
Jan 1993027,56816.93$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             0 bbl  × $106.41 =         $0
Gas                1,700 Mcf  × $  3.05 =     $5,178

────────────────────────────────────────────────────
Month total                                   $5,178

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/142991 is the state's own key, not one this site invented.