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 215375District 04Field 938417002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.0 M
Apr 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
254
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 Gas112006-12-15171812
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
CondensateDisposition3,870 bbl$226,295
GasProduction833,989 Mcf$5,786,681
Total$6,012,976

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 27.4586, -98.9987. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.45863, -98.99871 · 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
11,200 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 11,200 ft.

Completions filed
Apr 2005
1 of 1 wells

1 well

42-47939045411,200 ftApr 2005

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 (254)

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

254 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 2019052455.302.75$1,441
Oct 201901,59453.472.42$3,855
Sep 201901,66355.052.66$4,419
Aug 201902,81453.112.30$6,484
Jul 20191821,12156.272.46$12,999
Jun 201901352.782.49$32
May 201903,35658.482.74$9,197
Apr 2019028562.632.75$784
Mar 201903,48956.803.06$10,684
Feb 2019037950.852.79$1,058
Jan 2019089546.033.23$2,889
Dec 2018085146.594.19$3,562
Nov 201801,53952.934.24$6,521
Oct 201801,20561.443.40$4,095
Sep 2018061459.543.11$1,908
Aug 2018056759.403.07$1,739
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018094963.842.90$2,753
Mar 201802,26461.222.79$6,309
Feb 2018064661.782.77$1,787
Jan 2018087662.874.01$3,512
Dec 2017085857.272.92$2,507
Nov 201701,01855.423.12$3,174
Oct 201701,09049.292.98$3,252
Sep 2017056947.523.09$1,757
Aug 2017082745.373.00$2,485
Jul 2017013643.873.09$420
Jun 20173925242.493.09$2,435
May 201701,47345.373.26$4,807
Apr 2017017247.933.21$552
Mar 2017023346.772.98$695
Feb 2017050450.452.95$1,488
Jan 201708949.413.42$304
Dec 2016049048.763.72$1,824
Nov 2016075342.492.64$1,991
Oct 2016017746.193.09$547
Sep 2016019141.553.10$592
Aug 2016012441.442.92$363
Jul 2016028841.622.92$842
Jun 201601,02245.352.69$2,745
May 2016261,28242.521.99$3,658
Apr 201601,07936.561.99$2,148
Mar 201602,38433.011.79$4,277
Feb 2016076326.472.06$1,575
Jan 2016020427.352.36$482
Dec 201501,16532.362.00$2,332
Nov 2015075338.792.17$1,632
Oct 2015661,59943.552.43$6,754
Sep 201501,37742.992.76$3,798
Aug 201502,08040.162.87$5,975
Jul 201503,20248.152.95$9,430
Jun 201502,29156.152.88$6,605
May 201501,64955.212.96$4,874
Apr 2015050149.822.71$1,356
Mar 2015671,23442.892.93$6,495
Feb 2015099844.662.98$2,970
Jan 201501,10043.433.10$3,411
Dec 201402,48854.693.59$8,935
Nov 2014037370.464.25$1,586
Oct 2014051678.303.90$2,013
Sep 2014024386.164.05$983
Aug 20140089.394.04$0
Jul 2014041596.564.18$1,735
Jun 201404898.164.74$227
May 20145926294.734.73$6,827
Apr 2014039495.944.81$1,895
Mar 2014035995.895.06$1,815
Feb 2014040497.406.19$2,502
Jan 2014057190.404.86$2,775
Dec 2013063791.824.35$2,774
Nov 2013050288.853.74$1,877
Oct 2013054197.423.78$2,045
Sep 201302,471104.113.72$9,187
Aug 201301,889104.253.52$6,654
Jul 201302,245102.523.72$8,346
Jun 2013088494.403.93$3,477
May 2013084094.834.15$3,485
Apr 2013016593.964.28$707
Mar 2013042393.623.91$1,655
Feb 2013096691.233.42$3,304
Jan 2013049991.603.42$1,707
Dec 2012093586.773.42$3,198
Nov 2012061586.953.62$2,229
Oct 20125953989.383.40$7,106
Sep 2012076494.672.92$2,230
Aug 2012062392.662.91$1,812
Jul 2012052185.133.02$1,574
Jun 2012073879.822.52$1,859
May 201201,67091.612.49$4,155
Apr 201201,909101.652.00$3,812
Mar 201202,444105.052.22$5,431
Feb 201202,973101.102.57$7,641
Jan 201202,59198.092.73$7,084
Dec 201101,20696.873.24$3,907
Nov 2011095595.723.31$3,162
Oct 201101,71884.983.65$6,268
Sep 201102,98283.623.99$11,886
Aug 201102,07483.404.15$8,606
Jul 2011632,01894.144.52$15,047
Jun 201102,16292.904.64$10,031
May 201101,68198.134.40$7,405
Apr 201103,163105.964.33$13,706
Mar 201101,91796.364.06$7,778
Feb 201101,45685.644.18$6,086
Jan 201102,16286.504.59$9,921
Dec 201002,87885.734.35$12,513
Nov 2010673,72480.843.80$19,550
Oct 201002,40478.103.51$8,435
Sep 201002,86372.633.98$11,393
Aug 201002,90673.684.42$12,843
Jul 201003,39572.554.74$16,080
Jun 201002,94970.364.91$14,481
May 2010682,81771.124.24$16,767
Apr 2010693,79681.694.12$21,286
Mar 201013,60378.394.39$15,891
Feb 201003,09073.585.44$16,817
Jan 2010087774.365.96$5,231
Dec 200904,50571.445.48$24,704
Nov 2009292,61274.593.75$11,962
Oct 200903,30372.544.11$13,576
Sep 200903,47365.543.06$10,644
Aug 2009603,44867.423.22$15,143
Jul 200902,43061.133.46$8,419
Jun 200912,48566.163.90$9,745
May 2009192,59254.743.93$11,216
Apr 200901,67646.773.59$6,013
Mar 200902,40942.144.06$9,778
Feb 200922,90132.814.63$13,506
Jan 200903,52135.865.37$18,911
Dec 2008653,99137.105.98$26,266
Nov 200853,87455.496.86$26,854
Oct 2008402,83475.246.92$22,626
Sep 200802,760101.767.88$21,741
Aug 200802,300114.228.48$19,511
Jul 2008574,037131.0811.39$53,451
Jun 200803,674131.3313.03$47,882
May 2008592,421123.1711.57$35,288
Apr 200832,515110.3110.45$26,625
Mar 2008392,726101.909.66$30,318
Feb 2008512,44792.538.77$26,181
Jan 200834,74090.388.21$39,166
Dec 200704,56088.337.30$33,297
Nov 200702,57691.677.29$18,783
Oct 200702,41382.856.92$16,703
Sep 200706,41075.846.24$40,025
Aug 2007310,16669.066.39$65,147
Jul 200709,52970.906.39$60,871
Jun 200764,73562.007.55$36,114
May 200703,52058.747.85$27,619
Apr 200701,98159.617.81$15,462
Mar 200708,25056.927.30$60,241
Feb 200709,93455.108.22$81,618
Jan 200707,48650.306.73$50,357
Dec 200699,76556.656.92$68,068
Nov 200628,75154.207.62$66,769
Oct 200618,03254.906.01$48,358
Sep 200625,03460.085.04$25,477
Aug 200602,61768.717.34$19,209
Jul 20061117,72269.376.34$56,679
Jun 200657,17766.286.38$46,149
May 200649,07866.016.42$58,590
Apr 200668,79464.397.36$65,114
Mar 2006010,18556.707.08$72,140
Feb 20061357,90857.597.75$69,071
Jan 200647,90760.598.93$70,878
Dec 200514214,28054.9413.42$199,373
Nov 20051413,25854.6910.59$141,147
Oct 200515321,74858.3413.80$308,956
Sep 200512818,67261.4512.08$233,405
Aug 2005422,79461.519.80$223,555
Jul 20051338,94555.697.84$306,195
Jun 200531581,56252.337.38$618,496
May 2005659125,13845.226.65$862,113
Apr 2005955106,50449.207.36$830,907

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/215375 is the state's own key, not one this site invented.