Banks Ranch Unit 1H

Oil & Gas Property in Fayette County, TX

Property Summary

Key data points for Banks Ranch Unit 1H

CountyFayette County, TX
OperatorGEOSOUTHERN OPERATING II, LLC
Production DatesNov 2019 - Sep 2024
Total Oil Production221,513 BBLs
Total Gas Production2,734,350 MCF
Recent Oil Production1,070 BBLs in Aug 2024
Recent Gas Production16,184 MCF in Aug 2024
Wells on Property1

Our Valuation Estimates for Banks Ranch Unit 1H

ShaleAssessment

Not Available

MarketMultiple

$190,130 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Banks Ranch Unit 1H Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Banks Ranch Unit 1H
from Nov 2019 to Sep 2024

Wells on Banks Ranch Unit 1H

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-149-33470BANKS RANCH UNIT 1HGEOSOUTHERN OPERATING II, LLCProducingFayette County, TX29.821658-96.705202

Leases included in Banks Ranch Unit 1H

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
03-288648BANKS RANCH UNIT 1HGEOSOUTHERN OPERATING II, LLCFayette County, TX

Nearby Properties

These are the closest 20 properties to the Banks Ranch Unit 1H property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Affirmed UnitFayette County, TX2,642 BBLs32,818 MCFSep 2024
Big Bend 1HFayette County, TX1,768 BBLs40,259 MCFSep 2024
CharbulaFayette County, TX596 BBLs4,512 MCFSep 2024
CliffhangerFayette County, TX1,676 BBLs29,613 MCFSep 2024
CreedFayette County, TX2,399 BBLs15,597 MCFSep 2024
Dredd 1HFayette County, TX1,371 BBLs16,933 MCFSep 2024
Dutys Creek Unit 1HFayette County, TX1,607 BBLs39,257 MCFSep 2024
Ellinger Unit 1HFayette County, TX1,620 BBLs23,907 MCFSep 2024
Grey WolfFayette County, TX6,420 BBLs28,394 MCFSep 2024
Hawk 1HFayette County, TX360 BBLs16,307 MCFAug 2024
HerbrichFayette County, TX738 BBLs3,082 MCFSep 2024
Kocian OlFayette County, TX1,340 BBLs17,567 MCFSep 2024
KristofFayette County, TX507 BBLs3,125 MCFSep 2024
Lincoln 1HFayette County, TX832 BBLs13,052 MCFAug 2024
Orsak Unit 1olFayette County, TX335 BBLs6,952 MCFSep 2024
Rancho Cullen UnitColorado County, TX0 BBLs0 MCFMar 2020
Ranger 1HFayette County, TX1,416 BBLs37,610 MCFSep 2024
Tango 1HFayette County, TX953 BBLs18,766 MCFSep 2024
Tannenberger UnitFayette County, TX262 BBLs778 MCFSep 2024
Walla Unit 1HFayette County, TX1,554 BBLs20,367 MCFSep 2024

Companies in the Area

These are the closest 6 companies operating near the Banks Ranch Unit 1H property.

Company Name
Geosouthern Operating II, LLC
Magnolia Oil & Gas Operating LLC
Magnum Producing, LP
Ramtex Energy LLC
Swift Energy Company
Union Pacific Resources Co.

Owners of Banks Ranch Unit 1H

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024GEOSOUTHERN OPERATING II LLCBANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2024BANKS KENNETH PHANONBANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2024JOE SWINBANK FAMILY LPBANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2024SMITH LOIS ABANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2024GRIFFITH MARY ABANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2024AGNOR BENJAMIN DBANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2024BARNHART CHILDRENS 1992 TRSTBANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2024BARNHART GRANDCHILDRENS 1992BANKS RANCH UNIT 1HGEOSOUTHERN OPER II
Displaying 8 of 42 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Banks Ranch Unit 1H

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
03-288648BANKS RANCH UNIT 1HJul 2024ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HJul 2024ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HJun 2024ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HJun 2024ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HMay 2024ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HMay 2024ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HApr 2024ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HApr 2024ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HMar 2024ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HMar 2024ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HFeb 2024ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HFeb 2024ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HJan 2024ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HJan 2024ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HDec 2023ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HDec 2023ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HNov 2023ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HNov 2023ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HOct 2023ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HOct 2023ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HSep 2023ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HSep 2023ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HAug 2023ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HAug 2023ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HJul 2023ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION