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 - Apr 2025
Total Oil Production228,156 BBLs
Total Gas Production2,814,584 MCF
Recent Oil Production738 BBLs in Mar 2025
Recent Gas Production11,425 MCF in Mar 2025
Wells on Property1

Our Valuation Estimates for Banks Ranch Unit 1H

ShaleAssessment

Not Available

MarketMultiple

$171,881 **

* 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 Apr 2025

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, TX2,288 BBLs28,034 MCFApr 2025
Big Bend 1HFayette County, TX1,918 BBLs39,802 MCFApr 2025
Biss One H01Fayette County, TX5,671 BBLs114,851 MCFApr 2025
BissonnetteFayette County, TX5,681 BBLs201,051 MCFMay 2025
CliffhangerFayette County, TX1,740 BBLs30,323 MCFApr 2025
CreedFayette County, TX2,481 BBLs16,667 MCFApr 2025
Dredd 1HFayette County, TX1,872 BBLs18,105 MCFApr 2025
Dutys Creek Unit 1HFayette County, TX1,417 BBLs33,828 MCFApr 2025
Ellinger Unit 1HFayette County, TX1,329 BBLs19,784 MCFApr 2025
Grey WolfFayette County, TX4,360 BBLs18,544 MCFApr 2025
Hawk 1HFayette County, TX853 BBLs21,068 MCFApr 2025
Kocian OlFayette County, TX1,227 BBLs14,436 MCFApr 2025
KristofFayette County, TX440 BBLs1,750 MCFApr 2025
Lincoln 1HFayette County, TX1,204 BBLs31,238 MCFApr 2025
MarcusFayette County, TX52,906 BBLs816,380 MCFMay 2025
Rancho Cullen UnitColorado County, TX0 BBLs0 MCFMar 2020
Ranger 1HFayette County, TX1,373 BBLs29,564 MCFApr 2025
Tango 1HFayette County, TX628 BBLs6,339 MCFApr 2025
Tannenberger UnitFayette County, TX526 BBLs3,171 MCFApr 2025
Walla Unit 1HFayette County, TX1,394 BBLs17,127 MCFApr 2025

Companies in the Area

These are the closest 7 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.
Young, John H., Inc.

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
2024GRIFFITH MARY ABANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2024SMITH LOIS 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 1HMar 2025ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HMar 2025GEOSOUTHERN OPERATING II, LLCGEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HMar 2025ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HFeb 2025ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HFeb 2025GEOSOUTHERN OPERATING II, LLCGEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HFeb 2025ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HJan 2025ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HJan 2025GEOSOUTHERN OPERATING II, LLCGEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HJan 2025ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HDec 2024ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HDec 2024GEOSOUTHERN OPERATING II, LLCGEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HDec 2024ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HNov 2024ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HNov 2024GEOSOUTHERN OPERATING II, LLCGEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HNov 2024ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HOct 2024ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HOct 2024GEOSOUTHERN OPERATING II, LLCGEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HOct 2024ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HSep 2024ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HSep 2024GEOSOUTHERN OPERATING II, LLCGEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HSep 2024ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HAug 2024ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HAug 2024GEOSOUTHERN OPERATING II, LLCGEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HAug 2024ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HJul 2024ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION