BANKS, OLGA

Name: BANKS, OLGA lease production and value, Apr 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ENDEAVOR ENERGY RESOURCES L.P. (P-5 251726) in the MIDWEST (SPRABERRY-DEAN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35719District 08Field 61221650OilCasinghead gasSave Export

Value, all time

$12.0 M

Apr 1998 – May 2017

Value, last 12 filed months

$243 k

at the published price for each month

Months reported

230

no gaps in the span

Streams

oil, casinghead gas

The MIDWEST (SPRABERRY-DEAN) 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 7 leases and 10 wells, and the rule below applies to all of them.

Discovered

1973-02-05

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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	157,750 bbl	$11,081,302
Casinghead gas	Production	242,868 Mcf	$949,702
Total			$12,031,003

Wells on this lease (3)

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 31.9597, -102.1524. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.95976, -102.15055 · 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%

3 of 3 wells

With a plug date

66.7%

2 of 3 wells

Median depth

11,206 ft

3 wells filed one

Completion to plug

15.0 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

3100.0%

A plug date is filed

266.7%

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

266.7%

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

Between 11,000 and 11,250 ft, median 11,206 ft, over the 3 wells that filed a depth.

Completions filed

Dec 1997 – Apr 2010

3 of 3 wells

Plug dates filed

Jun 2023 – Mar 2026

2 of 3 wells; 1 filed none

Last completion to plug: a median of 15.0 years across the 2 wells that filed both dates, with the middle half between 14.6 years and 15.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells


42-32936190	3	11,250 ft	Apr 2010	Mar 2026	Yes
42-32936118	2	11,206 ft	May 2009	Jun 2023	Yes
42-32933627	1	11,000 ft	Dec 1997	—	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 (230)

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

230 months


May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	810	814	48.76	3.72	$42,526
Nov 2016	683	1,811	42.49	2.64	$33,810
Oct 2016	678	1,543	46.19	3.09	$36,085
Sep 2016	1,007	1,698	41.55	3.10	$47,106
Aug 2016	334	1,227	41.44	2.92	$17,429
Jul 2016	675	1,213	41.62	2.92	$31,641
Jun 2016	681	1,185	45.35	2.69	$34,066
May 2016	664	1,106	42.52	1.99	$30,435
Apr 2016	699	1,064	36.56	1.99	$27,674
Mar 2016	1,007	1,351	33.01	1.79	$35,665
Feb 2016	880	975	26.47	2.06	$25,306
Jan 2016	880	747	27.35	2.36	$25,834
Dec 2015	672	306	32.36	2.00	$22,358
Nov 2015	846	569	38.79	2.17	$34,050
Oct 2015	519	727	43.55	2.43	$24,367
Sep 2015	808	1,087	42.99	2.76	$37,734
Aug 2015	699	1,019	40.16	2.87	$30,999
Jul 2015	663	859	48.15	2.95	$34,453
Jun 2015	1,157	804	56.15	2.88	$67,283
May 2015	490	496	55.21	2.96	$28,519
Apr 2015	871	619	49.82	2.71	$45,069
Mar 2015	538	239	42.89	2.93	$23,776
Feb 2015	1,039	1,646	44.66	2.98	$51,301
Jan 2015	1,262	2,193	43.43	3.10	$61,608
Dec 2014	835	1,681	54.69	3.59	$51,703
Nov 2014	951	1,971	70.46	4.25	$75,388
Oct 2014	842	2,130	78.30	3.90	$74,238
Sep 2014	796	2,858	86.16	4.05	$80,145
Aug 2014	1,188	2,623	89.39	4.04	$116,779
Jul 2014	833	2,881	96.56	4.18	$92,476
Jun 2014	1,367	2,923	98.16	4.74	$148,031
May 2014	1,173	2,995	94.73	4.73	$125,274
Apr 2014	1,299	3,786	95.94	4.81	$142,833
Mar 2014	853	1,308	95.89	5.06	$88,408
Feb 2014	1,045	2,052	97.40	6.19	$114,489
Jan 2014	895	3,603	90.40	4.86	$98,421
Dec 2013	1,231	4,385	91.82	4.35	$132,125
Nov 2013	1,783	3,807	88.85	3.74	$172,651
Oct 2013	1,487	4,309	97.42	3.78	$161,149
Sep 2013	1,700	3,971	104.11	3.72	$191,750
Aug 2013	1,195	2,768	104.25	3.52	$134,329
Jul 2013	1,403	3,138	102.52	3.72	$155,502
Jun 2013	667	2,076	94.40	3.93	$71,131
May 2013	967	1,811	94.83	4.15	$99,215
Apr 2013	1,171	2,747	93.96	4.28	$121,791
Mar 2013	985	3,110	93.62	3.91	$104,385
Feb 2013	1,441	2,536	91.23	3.42	$140,135
Jan 2013	1,368	3,237	91.60	3.42	$136,379
Dec 2012	1,651	3,130	86.77	3.42	$153,962
Nov 2012	1,347	3,394	86.95	3.62	$129,425
Oct 2012	1,172	2,064	89.38	3.40	$111,770
Sep 2012	673	2,245	94.67	2.92	$70,265
Aug 2012	1,628	511	92.66	2.91	$152,337
Jul 2012	1,672	2,859	85.13	3.02	$150,974
Jun 2012	1,365	3,595	79.82	2.52	$118,010
May 2012	1,796	3,676	91.61	2.49	$173,679
Apr 2012	1,636	3,394	101.65	2.00	$173,077
Mar 2012	2,045	4,088	105.05	2.22	$223,911
Feb 2012	1,536	2,527	101.10	2.57	$161,785
Jan 2012	2,387	2,844	98.09	2.73	$241,917
Dec 2011	2,073	3,093	96.87	3.24	$210,832
Nov 2011	2,879	2,547	95.72	3.31	$284,012
Oct 2011	1,350	1,321	84.98	3.65	$119,543
Sep 2011	847	858	83.62	3.99	$74,246
Aug 2011	814	1,343	83.40	4.15	$73,460
Jul 2011	985	1,050	94.14	4.52	$97,471
Jun 2011	1,188	2,237	92.90	4.64	$120,745
May 2011	1,020	1,507	98.13	4.40	$106,731
Apr 2011	955	740	105.96	4.33	$104,398
Mar 2011	1,323	1,721	96.36	4.06	$134,467
Feb 2011	1,717	2,467	85.64	4.18	$157,356
Jan 2011	2,209	2,700	86.50	4.59	$203,468
Dec 2010	2,869	3,099	85.73	4.35	$259,433
Nov 2010	3,398	2,956	80.84	3.80	$285,913
Oct 2010	2,164	2,915	78.10	3.51	$179,237
Sep 2010	1,249	2,745	72.63	3.98	$101,639
Aug 2010	3,584	3,613	73.68	4.42	$280,036
Jul 2010	3,564	3,785	72.55	4.74	$276,496
Jun 2010	3,873	3,512	70.36	4.91	$289,750
May 2010	2,255	2,953	71.12	4.24	$172,882
Apr 2010	2,771	2,609	81.69	4.12	$237,119
Mar 2010	1,872	1,380	78.39	4.39	$152,802
Feb 2010	1,386	2,437	73.58	5.44	$115,245
Jan 2010	1,738	3,549	74.36	5.96	$150,404
Dec 2009	1,985	3,750	71.44	5.48	$162,372
Nov 2009	1,700	3,301	74.59	3.75	$139,187
Oct 2009	1,743	1,964	72.54	4.11	$134,510
Sep 2009	1,562	2,187	65.54	3.06	$109,076
Aug 2009	2,478	2,099	67.42	3.22	$173,822
Jul 2009	2,324	2,209	61.13	3.46	$149,719
Jun 2009	3,096	2,217	66.16	3.90	$213,467
May 2009	999	995	54.74	3.93	$58,591
Apr 2009	309	256	46.77	3.59	$15,370
Mar 2009	175	0	42.14	4.06	$7,375
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	171	0	35.86	5.37	$6,132
Dec 2008	172	80	37.10	5.98	$6,859
Nov 2008	1	118	55.49	6.86	$865
Oct 2008	170	195	75.24	6.92	$14,141
Sep 2008	154	86	101.76	7.88	$16,348
Aug 2008	166	0	114.22	8.48	$18,961
Jul 2008	1	0	131.08	11.39	$131
Jun 2008	156	96	131.33	13.03	$21,739
May 2008	169	212	123.17	11.57	$23,269
Apr 2008	164	167	110.31	10.45	$19,837
Mar 2008	172	210	101.90	9.66	$19,556
Feb 2008	0	187	92.53	8.77	$1,640
Jan 2008	173	206	90.38	8.21	$17,326
Dec 2007	177	178	88.33	7.30	$16,934
Nov 2007	175	168	91.67	7.29	$17,267
Oct 2007	170	210	82.85	6.92	$15,538
Sep 2007	0	208	75.84	6.24	$1,299
Aug 2007	161	213	69.06	6.39	$12,479
Jul 2007	173	218	70.90	6.39	$13,658
Jun 2007	175	203	62.00	7.55	$12,382
May 2007	173	207	58.74	7.85	$11,786
Apr 2007	0	203	59.61	7.81	$1,584
Mar 2007	172	206	56.92	7.30	$11,294
Feb 2007	169	176	55.10	8.22	$10,758
Jan 2007	176	190	50.30	6.73	$10,131
Dec 2006	172	169	56.65	6.92	$10,913
Nov 2006	177	195	54.20	7.62	$11,079
Oct 2006	3	55	54.90	6.01	$495
Sep 2006	170	195	60.08	5.04	$11,196
Aug 2006	169	230	68.71	7.34	$13,300
Jul 2006	172	236	69.37	6.34	$13,429
Jun 2006	173	192	66.28	6.38	$12,692
May 2006	3	185	66.01	6.42	$1,387
Apr 2006	177	195	64.39	7.36	$12,832
Mar 2006	171	191	56.70	7.08	$11,049
Feb 2006	152	145	57.59	7.75	$9,878
Jan 2006	171	195	60.59	8.93	$12,103
Dec 2005	183	173	54.94	13.42	$12,375
Nov 2005	170	179	54.69	10.59	$11,193
Oct 2005	174	159	58.34	13.80	$12,345
Sep 2005	2	0	61.45	12.08	$123
Aug 2005	342	0	61.51	9.80	$21,036
Jul 2005	4	1	55.69	7.84	$231
Jun 2005	165	51	52.33	7.38	$9,011
May 2005	162	184	45.22	6.65	$8,549
Apr 2005	171	174	49.20	7.36	$9,694
Mar 2005	177	187	50.37	7.15	$10,253
Feb 2005	152	167	45.22	6.31	$7,928
Jan 2005	2	200	43.16	6.32	$1,351
Dec 2004	172	245	39.86	6.75	$8,510
Nov 2004	316	226	45.28	6.33	$15,739
Oct 2004	0	258	49.70	6.52	$1,681
Sep 2004	321	249	43.24	5.28	$15,196
Aug 2004	170	241	42.37	5.55	$8,541
Jul 2004	350	269	38.28	6.08	$15,035
Jun 2004	163	271	36.10	6.43	$7,628
May 2004	0	178	37.48	6.49	$1,156
Apr 2004	0	199	34.47	5.86	$1,166
Mar 2004	341	221	34.36	5.53	$12,939
Feb 2004	174	226	32.45	5.51	$6,891
Jan 2004	174	245	32.03	6.30	$7,117
Dec 2003	2	247	30.26	6.30	$1,617
Nov 2003	172	242	28.80	4.60	$6,066
Oct 2003	174	242	28.17	4.76	$6,053
Sep 2003	169	250	26.31	4.75	$5,634
Aug 2003	180	236	29.76	5.13	$6,567
Jul 2003	170	250	29.41	5.17	$6,292
Jun 2003	168	264	28.56	5.98	$6,378
May 2003	159	185	26.59	5.97	$5,333
Apr 2003	340	242	26.67	5.41	$10,376
Mar 2003	1	245	31.14	6.10	$1,525
Feb 2003	172	212	33.48	7.93	$7,439
Jan 2003	171	262	30.31	5.58	$6,646
Dec 2002	175	272	26.91	4.85	$6,029
Nov 2002	293	258	24.66	4.14	$8,293
Oct 2002	182	238	26.46	4.23	$5,822
Sep 2002	172	291	27.44	3.64	$5,778
Aug 2002	169	321	25.96	3.16	$5,403
Jul 2002	163	324	24.58	3.06	$4,999
Jun 2002	318	318	23.73	3.34	$8,608
May 2002	0	297	24.66	3.58	$1,064
Apr 2002	324	262	23.65	3.51	$8,583
Mar 2002	174	285	22.00	3.10	$4,712
Feb 2002	174	233	18.22	2.38	$3,724
Jan 2002	174	285	17.17	2.38	$3,665
Dec 2001	171	273	16.93	2.36	$3,541
Nov 2001	172	286	18.07	2.41	$3,796
Oct 2001	346	329	19.78	2.53	$7,676
Sep 2001	176	359	24.26	2.25	$5,078
Aug 2001	172	351	24.87	3.05	$5,349
Jul 2001	177	387	23.93	3.20	$5,473
Jun 2001	170	346	24.56	3.82	$5,498
May 2001	351	336	25.52	4.31	$10,405
Apr 2001	176	328	24.68	5.34	$6,094
Mar 2001	180	278	24.54	5.38	$5,912
Feb 2001	339	218	27.75	5.77	$10,664
Jan 2001	197	389	27.47	8.40	$8,679
Dec 2000	182	481	26.88	9.12	$9,280
Nov 2000	340	483	32.21	5.66	$13,684
Oct 2000	180	643	31.23	5.15	$8,930
Sep 2000	520	611	31.87	5.19	$19,741
Aug 2000	178	604	29.64	4.54	$8,019
Jul 2000	178	731	28.53	4.09	$8,068
Jun 2000	193	849	29.30	4.40	$9,388
May 2000	475	997	27.26	3.68	$16,617
Apr 2000	688	570	24.51	3.12	$18,639
Mar 2000	15	825	28.42	2.86	$2,786
Feb 2000	338	736	27.62	2.73	$11,342
Jan 2000	338	1,054	25.27	2.48	$11,156
Dec 1999	699	836	24.28	2.42	$18,998
Nov 1999	341	865	23.19	2.43	$10,013
Oct 1999	539	931	20.98	2.80	$13,918
Sep 1999	533	843	21.75	2.62	$13,800
Aug 1999	503	728	19.26	2.88	$11,781
Jul 1999	683	860	17.89	2.37	$14,259
Jun 1999	347	490	15.94	2.36	$6,689
May 1999	346	287	15.79	2.32	$6,129
Apr 1999	186	220	15.10	2.21	$3,294
Mar 1999	350	212	12.47	1.84	$4,754
Feb 1999	346	208	9.98	1.82	$3,831
Jan 1999	352	126	10.38	1.90	$3,893
Dec 1998	362	36	9.20	1.77	$3,394
Nov 1998	389	316	10.89	2.19	$4,927
Oct 1998	180	212	12.42	1.97	$2,653
Sep 1998	336	259	12.59	2.08	$4,770
Aug 1998	347	193	11.30	1.91	$4,289
Jul 1998	524	423	11.74	2.24	$7,098
Jun 1998	360	482	11.24	2.24	$5,125
May 1998	879	593	12.62	2.21	$12,401
Apr 1998	316	154	13.04	2.51	$4,506

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.

Dec 2016 — as filed, then multipliedworked

Oil                  810 bbl  × $ 48.76 =    $39,496
Casinghead gas       814 Mcf  × $  3.72 =     $3,030

────────────────────────────────────────────────────
Month total                                  $42,526

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. 08/O/35719 is the state's own key, not one this site invented.