BANKS, W. R.
BANKS, W. R. is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Exxon Mobil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from March 2005 to August 2026, totalling 1,140,309 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 the whole lease — a 100% undivided interest — at about $7K, with roughly $1K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 25 thousand cubic feet a month. Its strongest month on the record we hold was January 2023, at 4,032 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 45% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about BANKS, W. R.
- Who operates BANKS, W. R.?
- BANKS, W. R. is operated by Exxon Mobil Corporation, Railroad Commission of Texas operator number 257128.
- Where is BANKS, W. R.?
- BANKS, W. R. is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 209759.
- Is BANKS, W. R. still producing?
- BANKS, W. R. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BANKS, W. R. is August 2026.
- How much has BANKS, W. R. produced?
- BANKS, W. R. has reported 1,140,309 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 2005 and August 2026, from 1 wellbore.
- How much is BANKS, W. R. worth?
- The remaining production from BANKS, W. R. is estimated to be worth about $7K in total as of 26 August 2026, within a range of $4K to $10K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BANKS, W. R. is a fraction of it. The estimate fits an Arps decline curve to the production BANKS, W. R. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BANKS, W. R. is an estimate of value, not an offer and not an appraisal.
- How much income does BANKS, W. R. generate in a year?
- BANKS, W. R. is forecast to net about $1K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BANKS, W. R. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Exxon Mobil Corporation |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 209759 |
| Wellbores | 1 |
| Reported production | 1,140,309 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $7K |
Where BANKS, W. R. sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.