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 206812District 04Field 938417002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Oct 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
260
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 Gas112007-04-23174379
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
CondensateDisposition1,554 bbl$97,407
GasProduction329,830 Mcf$2,248,640
Total$2,346,047

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 27.4600, -98.9920. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.45997, -98.99197 · 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
13,000 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 13,000 ft.

Completions filed
Oct 2004
1 of 1 wells

1 well

42-47938833313,000 ftOct 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 (260)

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

260 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 202106066.024.22$253
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 2019019955.302.75$547
Oct 2019024353.472.42$588
Sep 2019021055.052.66$558
Aug 2019031453.112.30$724
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190250.852.79$6
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180252.934.24$8
Oct 20180061.443.40$0
Sep 2018011359.543.11$351
Aug 2018011359.403.07$347
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 201808663.842.90$249
Mar 2018013161.222.79$365
Feb 2018057661.782.77$1,593
Jan 2018068762.874.01$2,754
Dec 2017065457.272.92$1,911
Nov 2017078255.423.12$2,439
Oct 2017078849.292.98$2,351
Sep 2017056347.523.09$1,738
Aug 2017046145.373.00$1,385
Jul 2017049443.873.09$1,525
Jun 20174153742.493.09$3,400
May 2017097445.373.26$3,179
Apr 2017061147.933.21$1,962
Mar 201701,17746.772.98$3,512
Feb 2017054150.452.95$1,597
Jan 201703349.413.42$113
Dec 20160648.763.72$22
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 2016026941.553.10$834
Aug 2016029841.442.92$871
Jul 2016032941.622.92$962
Jun 2016035045.352.69$940
May 20164439542.521.99$2,657
Apr 2016051836.561.99$1,031
Mar 2016044433.011.79$797
Feb 2016024126.472.06$497
Jan 2016033327.352.36$787
Dec 2015064832.362.00$1,297
Nov 2015034638.792.17$750
Oct 20156223143.552.43$3,261
Sep 2015026142.992.76$720
Aug 2015031540.162.87$905
Jul 2015039648.152.95$1,166
Jun 2015043856.152.88$1,263
May 2015035155.212.96$1,037
Apr 2015041749.822.71$1,129
Mar 20154245342.892.93$3,131
Feb 2015041944.662.98$1,247
Jan 2015049143.433.10$1,522
Dec 2014040054.693.59$1,437
Nov 2014045670.464.25$1,939
Oct 201407778.303.90$300
Sep 201406586.164.05$263
Aug 2014039289.394.04$1,582
Jul 2014049096.564.18$2,048
Jun 2014053598.164.74$2,534
May 201438994.734.73$3,642
Apr 2014011595.944.81$553
Mar 2014032895.895.06$1,659
Feb 2014039497.406.19$2,440
Jan 2014041490.404.86$2,012
Dec 2013051991.824.35$2,260
Nov 2013038388.853.74$1,432
Oct 2013063997.423.78$2,415
Sep 20130527104.113.72$1,959
Aug 20130452104.253.52$1,592
Jul 20130393102.523.72$1,461
Jun 2013037594.403.93$1,475
May 2013063394.834.15$2,626
Apr 201305893.964.28$248
Mar 20130493.623.91$16
Feb 201303691.233.42$123
Jan 201302191.603.42$72
Dec 2012013586.773.42$462
Nov 2012023186.953.62$837
Oct 20123645789.383.40$4,771
Sep 2012016994.672.92$493
Aug 2012028092.662.91$814
Jul 2012070285.133.02$2,121
Jun 2012058579.822.52$1,474
May 2012035291.612.49$876
Apr 20120297101.652.00$593
Mar 20120211105.052.22$469
Feb 2012089101.102.57$229
Jan 2012022498.092.73$612
Dec 2011011096.873.24$356
Nov 201105695.723.31$185
Oct 2011019284.983.65$701
Sep 2011015383.623.99$610
Aug 201109183.404.15$378
Jul 20113454094.144.52$5,640
Jun 2011059192.904.64$2,742
May 2011037498.134.40$1,647
Apr 20110172105.964.33$745
Mar 2011045996.364.06$1,862
Feb 2011026385.644.18$1,099
Jan 2011059186.504.59$2,712
Dec 2010074985.734.35$3,256
Nov 20103874180.843.80$5,884
Oct 2010059378.103.51$2,081
Sep 2010080672.633.98$3,207
Aug 2010069373.684.42$3,063
Jul 2010082572.554.74$3,908
Jun 2010080170.364.91$3,933
May 20103877771.124.24$5,993
Apr 20103878281.694.12$6,328
Mar 2010088678.394.39$3,888
Feb 2010069673.585.44$3,788
Jan 2010089374.365.96$5,326
Dec 2009092571.445.48$5,072
Nov 20091041,07474.593.75$11,786
Oct 2009098372.544.11$4,040
Sep 200901,09365.543.06$3,350
Aug 2009231,27467.423.22$5,651
Jul 200901,21761.133.46$4,216
Jun 200921,29366.163.90$5,169
May 2009381,40154.743.93$7,580
Apr 200901,49146.773.59$5,349
Mar 200901,92442.144.06$7,810
Feb 200941,72132.814.63$8,105
Jan 200902,19635.865.37$11,795
Dec 2008422,54837.105.98$16,788
Nov 200852,72855.496.86$18,993
Oct 2008493,55375.246.92$28,281
Sep 200805,413101.767.88$42,639
Aug 200806,904114.228.48$58,567
Jul 2008201,462131.0811.39$19,273
Jun 200803,367131.3313.03$43,881
May 2008363,548123.1711.57$45,500
Apr 200832,606110.3110.45$27,576
Mar 2008322,253101.909.66$25,034
Feb 2008262,40892.538.77$23,525
Jan 200822,41990.388.21$20,030
Dec 200703,99888.337.30$29,193
Nov 200702,84191.677.29$20,716
Oct 200701,42682.856.92$9,871
Sep 200702,87275.846.24$17,933
Aug 200712,22769.066.39$14,295
Jul 2007066170.906.39$4,222
Jun 200764,74362.007.55$36,174
May 200712,86958.747.85$22,570
Apr 200702,32059.617.81$18,108
Mar 200705,46256.927.30$39,883
Feb 200702,71455.108.22$22,298
Jan 200703,16050.306.73$21,257
Dec 200643,85956.656.92$26,925
Nov 200625,60054.207.62$42,766
Oct 200602,26054.906.01$13,591
Sep 200614,03260.085.04$20,370
Aug 200603,76768.717.34$27,649
Jul 2006956,61369.376.34$48,535
Jun 200645,59466.286.38$35,977
May 200625,80866.016.42$37,448
Apr 200612,83864.397.36$20,953
Mar 200606,84756.707.08$48,497
Feb 20061025,95557.597.75$52,032
Jan 200617,04360.598.93$62,978
Dec 2005464,62254.9413.42$64,533
Nov 200565,79254.6910.59$61,656
Oct 2005152,10058.3413.80$29,846
Sep 2005611,97461.4512.08$27,592
Aug 200503,36461.519.80$32,957
Jul 200513,95255.697.84$31,054
Jun 2005153,75852.337.38$28,523
May 2005315,82345.226.65$40,132
Apr 2005606,74649.207.36$52,606
Mar 2005606,20850.377.15$47,440
Feb 200509,43245.226.31$59,534
Jan 200523020,60143.166.32$140,170
Dec 20041136,99239.866.75$250,174
Nov 2004121,83545.286.33$138,270
Oct 200402,74049.706.52$17,851

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.

Aug 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.02 =         $0
Gas                   60 Mcf  × $  4.22 =       $253

────────────────────────────────────────────────────
Month total                                     $253

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/206812 is the state's own key, not one this site invented.