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 - Jan 2024
Total Oil Production210,482 BBLs
Total Gas Production2,540,964 MCF
Recent Oil Production1,222 BBLs in Dec 2023
Recent Gas Production16,189 MCF in Dec 2023
Wells on Property1

Our Valuation Estimates for Banks Ranch Unit 1H

ShaleAssessment

Not Available

MarketMultiple

$227,534 **

* 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 Jan 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, TX2,744 BBLs39,610 MCFJan 2024
Big Bend 1HFayette County, TX3,499 BBLs60,527 MCFJan 2024
CharbulaFayette County, TX779 BBLs5,732 MCFJan 2024
CliffhangerFayette County, TX2,274 BBLs38,656 MCFJan 2024
CreedFayette County, TX3,914 BBLs23,973 MCFJan 2024
Dredd 1HFayette County, TX1,423 BBLs11,872 MCFJan 2024
Dutys Creek Unit 1HFayette County, TX3,265 BBLs78,368 MCFJan 2024
Ellinger Unit 1HFayette County, TX2,070 BBLs29,664 MCFJan 2024
Grey WolfFayette County, TX11,926 BBLs45,532 MCFJan 2024
Hawk 1HFayette County, TX959 BBLs30,206 MCFJan 2024
HerbrichFayette County, TX772 BBLs5,420 MCFJan 2024
Kocian OlFayette County, TX1,360 BBLs14,176 MCFJan 2024
KristofFayette County, TX442 BBLs1,123 MCFJan 2024
Lincoln 1HFayette County, TX1,829 BBLs24,351 MCFJan 2024
Orsak Unit 1olFayette County, TX392 BBLs6,601 MCFJan 2024
Rancho Cullen UnitColorado County, TX0 BBLs0 MCFMar 2020
Ranger 1HFayette County, TX1,802 BBLs39,833 MCFJan 2024
Tango 1HFayette County, TX1,013 BBLs18,912 MCFJan 2024
Tannenberger UnitFayette County, TX10 BBLs436 MCFDec 2023
Walla Unit 1HFayette County, TX2,097 BBLs25,269 MCFJan 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
2023GEOSOUTHERN OPERATING II LLCBANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2023BAPTIST FOUNDATION OF TEXASBANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2023BANKS KENNETHBANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2023JOE SWINBANK FAMILY LPBANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2023SMITH LOIS ABANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2023GRIFFITH MARY ABANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2023AGNOR BENJAMIN DBANKS RANCH UNIT 1HGEOSOUTHERN OPER II
2023BARNHART CHILDRENS 1992 TRSTBANKS RANCH UNIT 1HGEOSOUTHERN OPER II
Displaying 8 of 43 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 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
03-288648BANKS RANCH UNIT 1HJul 2023ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HJun 2023ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HJun 2023ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HMay 2023ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HMay 2023ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HApr 2023ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HApr 2023ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HMar 2023ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HMar 2023ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HFeb 2023ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HFeb 2023ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HJan 2023ENERGY TRANSFER CRUDE MARKETING LLCGEOSOUTHERN ENERGY CORPORATION
03-288648BANKS RANCH UNIT 1HJan 2023ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HJan 2023NGL CRUDE LOGISTICS, LLCGEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HDec 2022ETC TEXAS PIPELINE, LTD.GEOSOUTHERN OPERATING II, LLC
03-288648BANKS RANCH UNIT 1HDec 2022NGL CRUDE LOGISTICS, LLCGEOSOUTHERN OPERATING II, LLC