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 145590District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.4 M
May 1993 – May 2026
Value, last 12 filed months
$78 k
at the published price for each month
Months reported
397
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 Gas111993-07-27127438
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
CondensateDisposition12,854 bbl$647,691
GasProduction2,683,233 Mcf$7,754,877
Total$8,402,568

908,017 Mcf of this lease's gas, across 43 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 32.1462, -94.3700. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.14624, -94.37003 · 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
May 1993
1 of 1 wells

1 well

42-3653277469,700 ftMay 1993

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 (397)

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

397 months

May 202681,427106.413.05$5,198
Apr 2026141,44498.932.87$5,529
Mar 2026131,59089.753.15$6,174
Feb 2026111,34063.503.75$5,724
Jan 2026111,61159.138.00$13,535
Dec 2025121,49756.664.41$7,287
Nov 202591,79058.593.93$7,556
Oct 202581,27059.383.30$4,672
Sep 202581,39962.743.08$4,807
Aug 202591,54663.933.01$5,236
Jul 202591,59966.743.32$5,902
Jun 2025101,72066.483.13$6,046
May 2025101,79860.553.23$6,417
Apr 2025131,70962.363.54$6,866
Mar 2025131,91167.704.27$9,037
Feb 2025121,60270.884.34$7,805
Jan 2025162,14674.324.28$10,371
Dec 2024141,89268.993.12$6,871
Nov 2024142,03069.052.20$5,430
Oct 2024131,87471.372.28$5,203
Sep 2024121,99469.612.36$5,550
Aug 2024121,95075.632.06$4,932
Jul 2024121,96379.932.15$5,173
Jun 2024132,19178.082.63$6,786
May 2024121,65678.812.20$4,586
Apr 2024192,54284.451.66$5,822
Mar 2024162,09680.301.55$4,523
Feb 2024141,65876.091.78$4,023
Jan 2024111,56273.023.30$5,954
Dec 2023131,62071.262.61$5,156
Nov 2023141,73977.892.81$5,973
Oct 2023131,75685.443.09$6,532
Sep 202391,55489.042.74$5,052
Aug 2023101,60380.522.67$5,090
Jul 2023101,60274.852.64$4,981
Jun 2023121,58868.962.26$4,414
May 2023121,69770.622.23$4,627
Apr 202391,47078.122.24$3,993
Mar 2023121,57872.852.39$4,651
Feb 2023141,53975.112.47$4,846
Jan 2023141,76576.533.39$7,051
Dec 2022121,78376.415.73$11,132
Nov 2022121,65185.005.65$10,342
Oct 2022111,69187.185.86$10,875
Sep 202291,58384.888.16$13,687
Aug 2022111,62594.529.13$15,871
Jul 2022121,734101.587.54$14,297
Jun 2022111,700115.097.98$14,827
May 2022111,753109.378.43$15,986
Apr 2022121,736104.226.84$13,121
Mar 2022141,763108.885.08$10,474
Feb 2022131,58491.054.86$8,880
Jan 2022151,73081.844.54$9,078
Dec 2021121,73071.323.90$7,601
Nov 2021131,62877.435.24$9,532
Oct 2021111,74579.795.71$10,848
Sep 2021121,67369.865.35$9,790
Aug 2021111,78266.024.22$8,247
Jul 2021111,80770.783.98$7,974
Jun 2021101,56169.493.38$5,972
May 2021131,72263.483.02$6,022
Apr 2021121,68460.362.76$5,370
Mar 2021161,88861.302.72$6,110
Feb 2021131,58657.805.55$9,550
Jan 2021141,74650.412.81$5,612
Dec 2020141,79444.642.68$5,425
Nov 2020121,75338.772.71$5,210
Oct 202001,77136.972.48$4,389
Sep 202001,69937.091.99$3,383
Aug 202001,78039.982.39$4,245
Jul 202001,77338.371.83$3,236
Jun 202001,71534.901.69$2,899
May 202001,70916.921.81$3,101
Apr 202001,73514.751.80$3,131
Mar 202001,75830.341.86$3,263
Feb 202001,71449.881.98$3,395
Jan 202091,69157.252.09$4,057
Dec 2019641,83459.012.30$8,003
Nov 2019491,69555.302.75$7,372
Oct 2019541,87953.472.42$7,432
Sep 2019461,68655.052.66$7,012
Aug 2019511,83753.112.30$6,942
Jul 2019451,89256.272.46$7,187
Jun 2019551,83652.782.49$7,477
May 2019551,85858.482.74$8,308
Apr 2019571,76462.632.75$8,422
Mar 2019601,84956.803.06$9,070
Feb 2019551,69150.852.79$7,518
Jan 2019601,96146.033.23$9,092
Dec 2018551,82646.594.19$10,205
Nov 2018531,80352.934.24$10,445
Oct 2018521,93161.443.40$9,757
Sep 2018511,89859.543.11$8,936
Aug 2018431,93659.403.07$8,491
Jul 2018421,95565.142.93$8,468
Jun 2018461,92860.183.08$8,701
May 2018511,94465.382.90$8,974
Apr 2018541,86263.842.90$8,849
Mar 2018491,95161.222.79$8,437
Feb 2018531,80661.782.77$8,270
Jan 2018521,88162.874.01$10,811
Dec 2017541,98157.272.92$8,880
Nov 2017481,98055.423.12$8,835
Oct 2017411,97049.292.98$7,899
Sep 2017402,05547.523.09$8,245
Aug 2017352,07045.373.00$7,807
Jul 2017352,09343.873.09$7,997
Jun 2017362,05242.493.09$7,865
May 2017492,07145.373.26$8,982
Apr 2017502,08247.933.21$9,083
Mar 2017592,15146.772.98$9,177
Feb 2017591,92350.452.95$8,654
Jan 2017462,19549.413.42$9,777
Dec 2016602,32948.763.72$11,596
Nov 2016442,42342.492.64$8,277
Oct 2016402,28246.193.09$8,900
Sep 2016362,43741.553.10$9,052
Aug 2016392,65541.442.92$9,380
Jul 2016382,72741.622.92$9,556
Jun 2016462,69045.352.69$9,311
May 2016392,60842.521.99$6,851
Apr 2016412,58236.561.99$6,640
Mar 2016412,62433.011.79$6,061
Feb 2016382,36326.472.06$5,882
Jan 2016542,70327.352.36$7,868
Dec 2015622,80032.362.00$7,610
Nov 20151092,82538.792.17$10,351
Oct 2015822,86043.552.43$10,511
Sep 2015872,86742.992.76$11,649
Aug 2015722,82740.162.87$11,012
Jul 2015782,76748.152.95$11,905
Jun 2015852,50956.152.88$12,006
May 2015932,51155.212.96$12,556
Apr 2015722,73649.822.71$10,992
Mar 2015694,13442.892.93$15,092
Feb 2015714,05044.662.98$15,224
Jan 2015614,36443.433.10$16,180
Dec 2014654,14254.693.59$18,430
Nov 2014633,82270.464.25$20,690
Oct 2014574,35578.303.90$21,452
Sep 2014574,60286.164.05$23,528
Aug 2014615,00689.394.04$25,653
Jul 2014534,52096.564.18$24,009
Jun 2014564,87998.164.74$28,608
May 2014595,34094.734.73$30,829
Apr 2014425,66795.944.81$31,283
Mar 2014405,84895.895.06$33,408
Feb 2014395,42797.406.19$37,403
Jan 2014524,70190.404.86$27,551
Dec 20131343,34991.824.35$26,887
Nov 20131113,26688.853.74$22,072
Oct 2013513,50997.423.78$18,230
Sep 2013393,066104.113.72$15,459
Aug 2013332,813104.253.52$13,349
Jul 2013343,000102.523.72$14,639
Jun 2013352,78994.403.93$14,274
May 2013463,11794.834.15$17,295
Apr 2013462,76693.964.28$16,168
Mar 2013803,03893.623.91$19,377
Feb 2013783,14891.233.42$17,882
Jan 2013273,05091.603.42$12,904
Dec 2012263,04086.773.42$12,653
Nov 2012523,25886.953.62$16,332
Oct 2012393,48589.383.40$15,334
Sep 2012383,25394.672.92$13,091
Aug 2012343,16192.662.91$12,343
Jul 2012443,75985.133.02$15,101
Jun 2012413,65379.822.52$12,475
May 2012473,85791.612.49$13,903
Apr 2012552,852101.652.00$11,286
Mar 2012664,148105.052.22$16,150
Feb 2012683,971101.102.57$17,081
Jan 2012573,36898.092.73$14,800
Dec 2011613,67796.873.24$17,822
Nov 2011414,25095.723.31$17,997
Oct 2011705,27984.983.65$25,209
Sep 2011565,18383.623.99$25,341
Aug 2011464,07783.404.15$20,753
Jul 2011595,05094.144.52$28,366
Jun 2011464,09492.904.64$23,269
May 2011475,09898.134.40$27,068
Apr 2011253,178105.964.33$16,420
Mar 2011303,68296.364.06$17,830
Feb 2011343,91785.644.18$19,285
Jan 2011404,82586.504.59$25,601
Dec 2010294,19085.734.35$20,703
Nov 2010374,50780.843.80$20,097
Oct 2010535,26378.103.51$22,607
Sep 2010425,01272.633.98$22,996
Aug 2010405,09273.684.42$25,451
Jul 2010425,03772.554.74$26,905
Jun 2010475,52570.364.91$30,437
May 2010444,73571.124.24$23,183
Apr 2010444,74081.694.12$23,136
Mar 2010515,12678.394.39$26,494
Feb 2010455,15373.585.44$31,356
Jan 2010364,18974.365.96$27,661
Dec 2009444,39171.445.48$27,223
Nov 2009624,33574.593.75$20,887
Oct 2009844,77472.544.11$25,716
Sep 2009704,58465.543.06$18,637
Aug 2009613,91267.423.22$16,703
Jul 2009584,29361.133.46$18,419
Jun 2009624,29366.163.90$20,823
May 2009664,54954.743.93$21,471
Apr 2009514,11446.773.59$17,144
Mar 2009524,35442.144.06$19,864
Feb 2009393,50932.814.63$17,537
Jan 2009494,41835.865.37$25,486
Dec 2008425,40337.105.98$33,853
Nov 200875,79255.496.86$40,124
Oct 200854,15575.246.92$29,137
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200823,368131.0811.39$38,622
Jun 200824,207131.3313.03$55,091
May 200834,801123.1711.57$55,938
Apr 200836,213110.3110.45$65,287
Mar 200837,028101.909.66$68,225
Feb 200836,27192.538.77$55,278
Jan 200846,06290.388.21$50,105
Dec 200757,26388.337.30$53,476
Nov 200735,01691.677.29$36,850
Oct 200745,07882.856.92$35,481
Sep 200745,03075.846.24$31,711
Aug 200755,22069.066.39$33,690
Jul 200755,43070.906.39$35,041
Jun 200766,44562.007.55$49,022
May 200777,56558.747.85$59,768
Apr 200765,73959.617.81$45,152
Mar 200776,88456.927.30$50,665
Feb 200776,39955.108.22$52,960
Jan 200767,23850.306.73$48,991
Dec 200677,41556.656.92$51,697
Nov 200676,50354.207.62$49,916
Oct 2006157,09554.906.01$43,491
Sep 2006447,38360.085.04$39,833
Aug 2006407,39968.717.34$57,056
Jul 2006467,52869.376.34$50,939
Jun 2006416,54366.286.38$44,487
May 2006447,04766.016.42$48,181
Apr 200663,16664.397.36$23,690
Mar 200624,05356.707.08$28,820
Feb 200624,63657.597.75$36,049
Jan 200636,56560.598.93$58,829
Dec 200547,42854.9413.42$99,869
Nov 200547,32454.6910.59$77,768
Oct 200548,40458.3413.80$116,173
Sep 200535,61061.4512.08$67,948
Aug 200535,26061.519.80$51,716
Jul 200535,92155.697.84$46,609
Jun 200536,75752.337.38$50,031
May 200537,23545.226.65$48,257
Apr 200527,16149.207.36$52,807
Mar 200505,94150.377.15$42,507
Feb 200506,18645.226.31$39,046
Jan 200506,87343.166.32$43,452
Dec 200406,96639.866.75$47,028
Nov 200407,59845.286.33$48,099
Oct 200437,90449.706.52$51,644
Sep 200437,48443.245.28$39,674
Aug 200447,53842.375.55$42,010
Jul 200447,37138.286.08$45,000
Jun 200446,95236.106.43$44,867
May 200448,01937.486.49$52,230
Apr 200457,27534.475.86$42,793
Mar 200427,52134.365.53$41,661
Feb 200416,90632.455.51$38,082
Jan 200428,13532.036.30$51,312
Dec 200338,17630.266.30$51,613
Nov 200348,17828.804.60$37,694
Oct 200349,22128.174.76$44,001
Sep 200348,31226.314.75$39,582
Aug 200358,14829.765.13$41,946
Jul 200348,10429.415.17$42,022
Jun 200348,33528.565.98$49,982
May 200349,12126.595.97$54,583
Apr 200309,36326.675.41$50,628
Mar 200309,12431.146.10$55,620
Feb 200309,67233.487.93$76,659
Jan 2003010,01830.315.58$55,921
Dec 2002010,43926.914.85$50,668
Nov 2002210,75724.664.14$44,551
Oct 200287,57926.464.23$32,264
Sep 2002128,77327.443.64$32,221
Aug 200279,77125.963.16$31,099
Jul 20021110,41724.583.06$32,165
Jun 20021010,39423.733.34$34,935
May 20021411,36024.663.58$41,059
Apr 20029310,64923.653.51$39,602
Mar 20021378,00922.003.10$27,864
Feb 20021106,65418.222.38$17,812
Jan 20021167,71717.172.38$20,325
Dec 20011448,30016.932.36$22,062
Nov 20011008,09618.072.41$21,282
Oct 2001858,96819.782.53$24,360
Sep 2001798,97724.262.25$22,127
Aug 2001759,91624.873.05$32,140
Jul 2001344,16823.933.20$14,139
Jun 2001756,92424.563.82$28,320
May 2001788,95625.524.31$40,567
Apr 2001638,95324.685.34$49,322
Mar 2001719,59524.545.38$53,329
Feb 2001638,93627.755.77$53,283
Jan 2001729,18327.478.40$79,104
Dec 2000719,38226.889.12$87,496
Nov 2000859,23632.215.66$54,995
Oct 2000959,60631.235.15$52,395
Sep 20006710,13031.875.19$54,675
Aug 20007110,36829.644.54$49,183
Jul 20007510,63828.534.09$45,647
Jun 2000759,60329.304.40$44,424
May 2000759,54327.263.68$37,160
Apr 2000579,17724.513.12$29,993
Mar 2000659,39528.422.86$28,715
Feb 2000659,25527.622.73$27,029
Jan 20007710,01925.272.48$26,798
Dec 19998511,15524.282.42$29,100
Nov 19997210,69223.192.43$27,694
Oct 19996110,88920.982.80$31,809
Sep 1999589,48821.752.62$26,109
Aug 1999519,82619.262.88$29,238
Jul 1999639,74717.892.37$24,251
Jun 1999859,19215.942.36$23,067
May 19991019,32215.792.32$23,231
Apr 19991029,19415.102.21$21,841
Mar 19991189,03012.471.84$18,072
Feb 19991078,6589.981.82$16,806
Jan 19991339,46710.381.90$19,367
Dec 19981279,4729.201.77$17,965
Nov 19981458,78710.892.19$20,785
Oct 1998949,21212.421.97$19,308
Sep 1998769,96812.592.08$21,716
Aug 19989011,36311.301.91$22,690
Jul 19989011,50711.742.24$26,801
Jun 19989410,90611.242.24$25,456
May 199810111,96212.622.21$27,667
Apr 199810411,68413.042.51$30,628
Mar 199810111,19212.802.31$27,140
Feb 199810310,52913.952.30$25,644
Jan 199810212,60614.702.15$28,663
Dec 1997012,31316.322.41$29,688
Nov 1997012,10818.193.09$37,393
Oct 1997012,85819.253.15$40,500
Sep 1997012,32917.742.95$36,431
Aug 1997012,74417.862.55$32,558
Jul 1997012,93917.582.25$29,073
Jun 1997012,90017.242.26$29,118
May 1997014,55918.972.31$33,609
Apr 1997013,24617.882.08$27,589
Mar 1997012,06618.951.94$23,398
Feb 1997012,02020.492.21$26,515
Jan 1997013,63823.483.54$48,274
Dec 1996013,93323.32$0
Nov 1996013,72021.97$0
Oct 1996014,98923.31$0
Sep 1996014,64522.22$0
Aug 1996015,43320.26$0
Jul 1996016,43219.55$0
Jun 1996016,19218.73$0
May 1996020,71119.43$0
Apr 1996017,73421.51$0
Mar 1996018,19719.38$0
Feb 1996018,95416.98$0
Jan 1996020,64717.07$0
Dec 1995019,76517.19$0
Nov 1995018,94116.00$0
Oct 1995021,36615.43$0
Sep 1995022,60316.18$0
Aug 1995024,22315.92$0
Jul 1995030,46015.24$0
Jun 1995024,92816.41$0
May 19950017.56$0
Apr 1995023,84017.73$0
Mar 1995026,22416.44$0
Feb 1995023,52216.58$0
Jan 1995027,71515.92$0
Dec 1994034,15615.03$0
Nov 1994028,53515.90$0
Oct 1994027,84315.58$0
Sep 1994053,86615.29$0
Aug 1994054216.13$0
Jul 199406,05817.56$0
Jun 1994015,53717.09$0
May 1994019,30315.88$0
Apr 1994016,53614.14$0
Mar 1994011,97312.46$0
Feb 1994022,96612.50$0
Jan 1994023,94112.66$0
Dec 1993024,18812.33$0
Nov 1993011,52714.49$0
Oct 1993019,47115.85$0
Sep 1993026,03015.03$0
Aug 1993033,19315.66$0
Jul 1993048,92315.46$0
Jun 199305,51816.79$0
May 1993012,73717.68$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             8 bbl  × $106.41 =       $851
Gas                1,427 Mcf  × $  3.05 =     $4,346

────────────────────────────────────────────────────
Month total                                   $5,198

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/145590 is the state's own key, not one this site invented.