BANKS RANCH UNIT
BANKS RANCH UNIT is a Texas gas lease in Fayette County, Railroad Commission district 03, operated by Geosouthern Operating Ii, Llc. It has 1 wellbore on file with the Commission. Reported production runs from November 2019 to August 2026, totalling 2,971,151 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $65K, with roughly $18K expected over the next twelve months.
| Operator | Geosouthern Operating Ii, Llc |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 288648 |
| Wellbores | 1 |
| Reported production | 2,971,151 mcf |
| First reported | November 2019 |
| Last reported | August 2026 |
| Estimated royalty value | $65K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.