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 216916District 04Field 938417002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Aug 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
250
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 Gas112006-12-15171813
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
CondensateDisposition1,562 bbl$110,022
GasProduction326,540 Mcf$2,345,642
Total$2,455,664

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 27.4556, -99.0006. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

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
10,550 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 10,550 ft.

Completions filed
Aug 2005
1 of 1 wells

1 well

42-47939135510,550 ftAug 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 (250)

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

250 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 2019055055.302.75$1,513
Oct 2019040353.472.42$975
Sep 2019098855.052.66$2,625
Aug 201902,21253.112.30$5,097
Jul 201902,78256.272.46$6,844
Jun 20190652.782.49$15
May 20190058.482.74$0
Apr 2019010862.632.75$297
Mar 2019024156.803.06$738
Feb 2019022550.852.79$628
Jan 2019011646.033.23$374
Dec 2018030446.594.19$1,272
Nov 2018030352.934.24$1,284
Oct 20180261.443.40$7
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018048363.842.90$1,401
Mar 2018071261.222.79$1,984
Feb 2018042961.782.77$1,187
Jan 2018055362.874.01$2,217
Dec 2017053257.272.92$1,554
Nov 2017063255.423.12$1,971
Oct 2017067549.292.98$2,014
Sep 2017031547.523.09$972
Aug 2017019645.373.00$589
Jul 2017019143.873.09$590
Jun 20173819042.493.09$2,201
May 2017042645.373.26$1,390
Apr 2017053947.933.21$1,731
Mar 201701,19246.772.98$3,557
Feb 2017066850.452.95$1,972
Jan 2017064749.413.42$2,212
Dec 2016060248.763.72$2,241
Nov 2016058742.492.64$1,552
Oct 2016092746.193.09$2,865
Sep 2016062741.553.10$1,944
Aug 2016062241.442.92$1,819
Jul 2016075841.622.92$2,217
Jun 201601,23645.352.69$3,320
May 2016151,23642.521.99$3,099
Apr 2016072236.561.99$1,438
Mar 2016066433.011.79$1,191
Feb 2016057926.472.06$1,195
Jan 2016060527.352.36$1,430
Dec 201501,25032.362.00$2,502
Nov 2015049938.792.17$1,082
Oct 20154272543.552.43$3,588
Sep 2015066142.992.76$1,823
Aug 2015068140.162.87$1,956
Jul 201501,02648.152.95$3,022
Jun 2015097156.152.88$2,799
May 2015075455.212.96$2,228
Apr 2015082149.822.71$2,222
Mar 201510684742.892.93$7,032
Feb 2015052144.662.98$1,551
Jan 2015053943.433.10$1,671
Dec 2014067754.693.59$2,431
Nov 2014054870.464.25$2,330
Oct 2014034978.303.90$1,361
Sep 2014048686.164.05$1,966
Aug 2014088289.394.04$3,559
Jul 2014054296.564.18$2,265
Jun 201401,19498.164.74$5,656
May 20149086394.734.73$12,605
Apr 201401,09195.944.81$5,247
Mar 2014099995.895.06$5,052
Feb 2014091697.406.19$5,672
Jan 2014093890.404.86$4,559
Dec 2013089091.824.35$3,875
Nov 2013080188.853.74$2,994
Oct 201301,26297.423.78$4,770
Sep 201301,070104.113.72$3,978
Aug 20130642104.253.52$2,262
Jul 20130920102.523.72$3,420
Jun 201301,05494.403.93$4,146
May 201301,24894.834.15$5,178
Apr 201301,13893.964.28$4,874
Mar 201301,02993.623.91$4,026
Feb 201301,24891.233.42$4,268
Jan 201301,39691.603.42$4,774
Dec 201201,26186.773.42$4,313
Nov 2012098086.953.62$3,552
Oct 2012881,04889.383.40$11,428
Sep 201201,26994.672.92$3,703
Aug 201201,21892.662.91$3,542
Jul 201201,41085.133.02$4,259
Jun 201201,77179.822.52$4,461
May 201201,74491.612.49$4,340
Apr 201201,435101.652.00$2,865
Mar 201201,413105.052.22$3,140
Feb 20120976101.102.57$2,509
Jan 201201,35298.092.73$3,696
Dec 201101,20696.873.24$3,907
Nov 201101,37395.723.31$4,546
Oct 201101,05884.983.65$3,860
Sep 2011095383.623.99$3,798
Aug 201101,03783.404.15$4,303
Jul 2011791,08394.144.52$12,329
Jun 201101,30892.904.64$6,069
May 201101,21698.134.40$5,356
Apr 201101,402105.964.33$6,075
Mar 201101,46896.364.06$5,956
Feb 2011074485.644.18$3,110
Jan 201101,30886.504.59$6,002
Dec 201001,22585.734.35$5,326
Nov 2010731,67680.843.80$12,262
Oct 201001,80478.103.51$6,330
Sep 201001,45572.633.98$5,790
Aug 201001,39673.684.42$6,169
Jul 201001,37872.554.74$6,527
Jun 201001,24470.364.91$6,109
May 2010761,40671.124.24$11,360
Apr 2010771,36281.694.12$11,905
Mar 201011,47378.394.39$6,543
Feb 201001,42073.585.44$7,728
Jan 201001,55574.365.96$9,274
Dec 200901,54871.445.48$8,489
Nov 20091291,54074.593.75$15,399
Oct 200901,46172.544.11$6,005
Sep 200901,41665.543.06$4,340
Aug 2009251,49667.423.22$6,500
Jul 200921,39861.133.46$4,966
Jun 200921,40866.163.90$5,616
May 2009511,51254.743.93$8,727
Apr 200901,54346.773.59$5,536
Mar 200901,79642.144.06$7,290
Feb 200961,52632.814.63$7,267
Jan 200901,62735.865.37$8,739
Dec 2008281,71637.105.98$11,296
Nov 200851,84155.496.86$12,907
Oct 2008271,76475.246.92$14,242
Sep 200802,029101.767.88$15,983
Aug 200801,987114.228.48$16,856
Jul 2008271,874131.0811.39$24,883
Jun 200801,913131.3313.03$24,931
May 2008381,841123.1711.57$25,989
Apr 200821,820110.3110.45$19,248
Mar 2008251,787101.909.66$19,817
Feb 2008201,83892.538.77$17,971
Jan 200811,87290.388.21$15,452
Dec 200701,91788.337.30$13,998
Nov 200701,66291.677.29$12,119
Oct 200701,64782.856.92$11,401
Sep 200701,76275.846.24$11,002
Aug 200712,83469.066.39$18,172
Jul 200704,51170.906.39$28,816
Jun 200732,38662.007.55$18,197
May 200723,57358.747.85$28,152
Apr 200702,51059.617.81$19,591
Mar 200703,12456.927.30$22,811
Feb 200703,05655.108.22$25,108
Jan 200703,41250.306.73$22,952
Dec 200633,33856.656.92$23,264
Nov 200614,06754.207.62$31,034
Oct 200614,88854.906.01$29,450
Sep 200613,86560.085.04$19,529
Aug 200603,59568.717.34$26,387
Jul 2006684,69269.376.34$34,477
Jun 200645,42966.286.38$34,923
May 200625,05066.016.42$32,578
Apr 200625,62064.397.36$41,495
Mar 200606,19956.707.08$43,907
Feb 20061217,07957.597.75$61,839
Jan 200638,22760.598.93$73,676
Dec 2005969,61254.9413.42$134,223
Nov 20051111,30754.6910.59$120,325
Oct 200511716,59958.3413.80$235,822
Sep 20054829,20961.4512.08$355,765
Aug 2005520,12761.519.80$197,489

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                  550 Mcf  × $  2.75 =     $1,513

────────────────────────────────────────────────────
Month total                                   $1,513

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/216916 is the state's own key, not one this site invented.