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 - Jun 2025
Total Oil Production229,934 BBLs
Total Gas Production2,841,392 MCF
Recent Oil Production844 BBLs in May 2025
Recent Gas Production12,984 MCF in May 2025
Wells on Property1

Our Valuation Estimates for Banks Ranch Unit 1H

ShaleAssessment

Not Available

MarketMultiple

$171,805 **

* 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 Jun 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, TX2,086 BBLs29,980 MCFJun 2025
Big Bend 1HFayette County, TX1,772 BBLs36,218 MCFJun 2025
Biss One H01Fayette County, TX8,562 BBLs192,182 MCFJun 2025
BissonnetteFayette County, TX8,983 BBLs319,532 MCFJun 2025
CliffhangerFayette County, TX1,657 BBLs26,254 MCFJun 2025
CreedFayette County, TX2,407 BBLs15,989 MCFJun 2025
Dredd 1HFayette County, TX1,727 BBLs18,552 MCFJun 2025
Dutys Creek Unit 1HFayette County, TX1,256 BBLs33,199 MCFJun 2025
Ellinger Unit 1HFayette County, TX1,230 BBLs18,819 MCFJun 2025
Grey WolfFayette County, TX3,985 BBLs16,752 MCFJun 2025
Hawk 1HFayette County, TX725 BBLs19,039 MCFJun 2025
Kocian OlFayette County, TX1,397 BBLs16,953 MCFJun 2025
Lincoln 1HFayette County, TX1,167 BBLs22,802 MCFJun 2025
MarcusFayette County, TX26,256 BBLs485,998 MCFJun 2025
Orsak Unit 1olFayette County, TX100 BBLs7,020 MCFJun 2025
Rancho Cullen UnitColorado County, TX0 BBLs0 MCFMar 2020
Ranger 1HFayette County, TX1,294 BBLs30,374 MCFJun 2025
Tango 1HFayette County, TX532 BBLs5,684 MCFJun 2025
Tannenberger UnitFayette County, TX421 BBLs2,845 MCFJun 2025
Walla Unit 1HFayette County, TX1,143 BBLs15,398 MCFJun 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
2025GEOSOUTHERN OPERATING II LLCBANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2025BANKS KENNETH PHANONBANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2025JOE SWINBANK FAMILY LPBANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2025SMITH LOIS AGNORBANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2025GRIFFITH MARY AGNORBANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2025BARNHART 1992 CHILDRENS TRUSTBANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2025BARNHART CHILDRENS 1992 TRSTBANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2025BARNHART GRANDCHILDRENS 1992BANKS RANCH UNIT 1HGEOSOUTHERN OPER II
Displaying 8 of 44 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