I just replaced a faulty sensor on my 2004 GMC, and although not all trucks are the same, here is the correct answer for my application and probably most similar vehicles (Tahoe, Sierra, Yukon, Escalade, etc) with the same drive train 4.3/4.8/5.3l. This should apply for any vehicle 99-06 on the full size truck platforms.
The system is setup almost like you would expect:
Bank 1 Sensor 1 - Driver's side, before catalytic converter
Bank 1 Sensor 2 - Driver's side, after catalytic converter
Bank 2 Sensor 1 - Passenger side, before catalytic converter
Bank 2 Sensor 2 - Passenger side, after catalytic converter
I searched around forums to find this answer, but no one was for sure and couldn't find it in their Chilton's or similar manuals. I disconnected each one, used my engine code reader to see which error was thrown after disconnecting them successively, and through process of elimination came up with the above information.
Is this bank 2 sensor 1 or sensor 2?
it is the rear sensor bank 1 (the one after the converter)
I have just found this. I have the same truck and the same problem. Bank 1 means its on the driver side and sensor 2 is the rear sensor. They come off the exaust.
driver side first o2 sensor
After the catalytic converter driver side.
Bank one is the driver side on a 3.7L. There will be an upstream ( sensor 1 ) and a downstream ( sensor 2 ).
O2 sensor cicuit no activity (bank 2 sensor 1)
Bank one is the bank on the drivers side. The O2 sensor will be the first one going from the engine screwed into the exhaust system.
The bank 1, sensor 3, O2 sensor would be the O2 sensor post cat.
passenger side is bank 1 the closest to the engine is sensor 1 of the 2 on each side
Bank 1, on a 4.3 L engine would be on the drivers side.
Bank 1 would be the passenger (right) side of engine. Bank 1 Sensor 2 would be the O2 sensor after the catalytic converter on the passenger side.