WILBANKS, V. W.
WILBANKS, V. W. is a Texas gas lease in Hansford County, Railroad Commission district 10, operated by R.E.D. Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from February 1996 to August 2026, totalling 207,864 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 $46K, with roughly $7K 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 291 thousand cubic feet a month. Its strongest month on the record we hold was May 2019, at 1,425 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 WILBANKS, V. W.
- Who operates WILBANKS, V. W.?
- WILBANKS, V. W. is operated by R.E.D. Resources, Inc., Railroad Commission of Texas operator number 687146.
- Where is WILBANKS, V. W.?
- WILBANKS, V. W. is a Texas gas lease in Hansford County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 157347.
- Is WILBANKS, V. W. still producing?
- WILBANKS, V. W. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WILBANKS, V. W. is August 2026.
- How much has WILBANKS, V. W. produced?
- WILBANKS, V. W. has reported 207,864 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between February 1996 and August 2026, from 1 wellbore.
- How much is WILBANKS, V. W. worth?
- The remaining production from WILBANKS, V. W. is estimated to be worth about $46K in total as of 27 August 2026, within a range of $36K to $56K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WILBANKS, V. W. is a fraction of it. The estimate fits an Arps decline curve to the production WILBANKS, V. W. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WILBANKS, V. W. is an estimate of value, not an offer and not an appraisal.
- How much income does WILBANKS, V. W. generate in a year?
- WILBANKS, V. W. is forecast to net about $7K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WILBANKS, V. W. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | R.E.D. Resources, Inc. |
|---|---|
| Field | Horizon (Cleveland) |
| County | Hansford County, Texas |
| RRC district | 10 |
| Lease number | 157347 |
| Wellbores | 1 |
| Reported production | 207,864 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $46K |
Where WILBANKS, V. W. 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.