BAILEY-REESE

Operated by VISION OIL AND GAS LLC (P-5 886198) in the VILLARREAL (WILCOX CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 200283District 04Field 938417002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Jan 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
269
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
2005-04-06
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-01-24.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 09/01/2006.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112007-04-23174380
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition270 bbl$18,791
GasProduction286,478 Mcf$1,705,768
Total$1,724,558

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.4637, -98.9951. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.46370, -98.99515 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,572 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 12,572 ft.

Completions filed
Jan 2004
1 of 1 wells

1 well

42-47938574212,572 ftJan 2004

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (269)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

269 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 2019064255.302.75$1,766
Oct 2019021253.472.42$513
Sep 2019029155.052.66$773
Aug 2019048053.112.30$1,106
Jul 2019052956.272.46$1,301
Jun 2019022752.782.49$566
May 2019051458.482.74$1,409
Apr 2019010962.632.75$300
Mar 2019043456.803.06$1,329
Feb 2019033250.852.79$927
Jan 2019032346.033.23$1,043
Dec 2018076146.594.19$3,185
Nov 2018018052.934.24$763
Oct 2018029161.443.40$989
Sep 2018065859.543.11$2,045
Aug 2018065859.403.07$2,018
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018025963.842.90$751
Mar 2018038161.222.79$1,062
Feb 2018028661.782.77$791
Jan 2018037562.874.01$1,504
Dec 2017036557.272.92$1,066
Nov 2017044855.423.12$1,397
Oct 2017035649.292.98$1,062
Sep 2017030147.523.09$929
Aug 2017019945.373.00$598
Jul 2017018043.873.09$556
Jun 2017021442.493.09$661
May 2017049945.373.26$1,628
Apr 2017059047.933.21$1,895
Mar 2017076146.772.98$2,271
Feb 2017060650.452.95$1,789
Jan 2017070449.413.42$2,407
Dec 2016068548.763.72$2,550
Nov 2016073942.492.64$1,954
Oct 2016067946.193.09$2,098
Sep 2016075041.553.10$2,325
Aug 2016074741.442.92$2,184
Jul 2016067541.622.92$1,974
Jun 2016066445.352.69$1,783
May 2016075842.521.99$1,509
Apr 2016069636.561.99$1,386
Mar 2016099233.011.79$1,780
Feb 2016052026.472.06$1,073
Jan 2016068927.352.36$1,629
Dec 2015058832.362.00$1,177
Nov 2015055638.792.17$1,205
Oct 2015061843.552.43$1,500
Sep 2015060842.992.76$1,677
Aug 2015066340.162.87$1,904
Jul 2015062348.152.95$1,835
Jun 2015069656.152.88$2,006
May 2015046155.212.96$1,362
Apr 2015054049.822.71$1,462
Mar 2015067742.892.93$1,987
Feb 2015065144.662.98$1,938
Jan 2015066043.433.10$2,046
Dec 2014057654.693.59$2,069
Nov 2014050870.464.25$2,160
Oct 2014048778.303.90$1,900
Sep 2014035386.164.05$1,428
Aug 2014048289.394.04$1,945
Jul 2014047896.564.18$1,998
Jun 2014064598.164.74$3,055
May 2014073294.734.73$3,460
Apr 2014061495.944.81$2,953
Mar 2014069895.895.06$3,530
Feb 2014065997.406.19$4,081
Jan 2014072090.404.86$3,500
Dec 2013075891.824.35$3,301
Nov 2013067488.853.74$2,520
Oct 2013077197.423.78$2,914
Sep 20130580104.113.72$2,156
Aug 20130701104.253.52$2,469
Jul 20130773102.523.72$2,874
Jun 2013085594.403.93$3,363
May 2013079794.834.15$3,307
Apr 2013077293.964.28$3,306
Mar 2013063493.623.91$2,481
Feb 2013079191.233.42$2,705
Jan 2013093691.603.42$3,201
Dec 2012092186.773.42$3,150
Nov 2012063586.953.62$2,302
Oct 2012076989.383.40$2,614
Sep 2012083994.672.92$2,449
Aug 2012072792.662.91$2,114
Jul 2012080085.133.02$2,417
Jun 2012076879.822.52$1,935
May 2012063991.612.49$1,590
Apr 20120704101.652.00$1,406
Mar 20120819105.052.22$1,820
Feb 20120810101.102.57$2,082
Jan 2012070898.092.73$1,936
Dec 2011082096.873.24$2,657
Nov 2011071395.723.31$2,361
Oct 2011072184.983.65$2,631
Sep 2011075483.623.99$3,005
Aug 2011069683.404.15$2,888
Jul 2011071094.144.52$3,207
Jun 2011072092.904.64$3,341
May 2011063498.134.40$2,793
Apr 20110731105.964.33$3,168
Mar 2011086296.364.06$3,497
Feb 2011051685.644.18$2,157
Jan 2011072086.504.59$3,304
Dec 2010074485.734.35$3,235
Nov 2010080580.843.80$3,055
Oct 2010083978.103.51$2,944
Sep 2010085972.633.98$3,418
Aug 2010093773.684.42$4,141
Jul 2010095272.554.74$4,509
Jun 2010085770.364.91$4,208
May 2010081671.124.24$3,456
Apr 2010076381.694.12$3,146
Mar 2010086278.394.39$3,783
Feb 2010072973.585.44$3,967
Jan 2010083174.365.96$4,956
Dec 2009084171.445.48$4,612
Nov 200913685274.593.75$13,341
Oct 2009088772.544.11$3,646
Sep 2009088965.543.06$2,725
Aug 20091693167.423.22$4,075
Jul 2009183461.133.46$2,951
Jun 2009282766.163.90$3,353
May 20094994654.743.93$6,396
Apr 2009085446.773.59$3,064
Mar 200901,08042.144.06$4,384
Feb 2009996432.814.63$4,762
Jan 200901,04335.865.37$5,602
Dec 2008181,12937.105.98$7,416
Nov 200851,19855.496.86$8,496
Oct 2008181,14775.246.92$9,294
Sep 200801,227101.767.88$9,665
Aug 200801,169114.228.48$9,917
Jul 2008161,186131.0811.39$15,605
Jun 200801,125131.3313.03$14,662
May 200801,080123.1711.57$12,500
Apr 200801,021110.3110.45$10,674
Mar 200801,117101.909.66$10,795
Feb 200801,05092.538.77$9,209
Jan 200801,18490.388.21$9,716
Dec 200701,19088.337.30$8,689
Nov 200701,20091.677.29$8,750
Oct 200701,08382.856.92$7,497
Sep 200701,28775.846.24$8,036
Aug 200701,71969.066.39$10,981
Jul 200701,71970.906.39$10,981
Jun 200701,90362.007.55$14,365
May 200702,00558.747.85$15,732
Apr 200701,40559.617.81$10,966
Mar 200702,13556.927.30$15,590
Feb 200701,70455.108.22$14,000
Jan 200702,08450.306.73$14,019
Dec 200601,76956.656.92$12,239
Nov 200602,21954.207.62$16,903
Oct 200601,89554.906.01$11,396
Sep 200602,30360.085.04$11,601
Aug 200602,06668.717.34$15,164
Jul 200602,04269.376.34$12,952
Jun 200601,96266.286.38$12,525
May 200602,39166.016.42$15,362
Apr 200602,09664.397.36$15,428
Mar 200602,29956.707.08$16,284
Feb 200602,48957.597.75$19,293
Jan 200602,60460.598.93$23,262
Dec 200502,38054.9413.42$31,929
Nov 200502,44354.6910.59$25,867
Oct 200502,40558.3413.80$33,179
Sep 200501,86261.4512.08$22,491
Aug 200502,68861.519.80$26,334
Jul 200502,40055.697.84$18,825
Jun 200502,16452.337.38$15,973
May 200504,70445.226.65$31,287
Apr 200503,95549.207.36$29,111
Mar 200503,40750.377.15$24,377
Feb 200504,12845.226.31$26,056
Jan 200507,60043.166.32$48,049
Dec 200407,71839.866.75$52,105
Nov 200405,22045.286.33$33,045
Oct 200404,04449.706.52$26,347
Sep 200404,14043.245.28$21,875
Aug 200404,69142.375.55$26,038
Jul 200404,73338.286.08$28,796
Jun 200405,49736.106.43$35,362
May 200404,50737.486.49$29,271
Apr 200407,15334.475.86$41,906
Mar 2004010,88934.365.53$60,218
Feb 2004012,50932.455.51$68,920
Jan 2004032,26732.036.30$203,270

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Nov 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.30 =         $0
Gas                  642 Mcf  × $  2.75 =     $1,766

────────────────────────────────────────────────────
Month total                                   $1,766

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/200283 is the state's own key, not one this site invented.