BAILEY GAS UNIT A

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the FARRAR (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 154738District 05Field 303215002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.2 M
May 1995 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
373
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 300 leases and 300 wells, and the rule below applies to all of them.

Discovered
1963-08-25
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2006-11-14.

The Commission's schedule remark for this field reads: PRORATION PURPOSES.

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 Gas111995-07-31132152
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
CondensateDisposition32,734 bbl$587,309
GasProduction3,623,165 Mcf$8,594,040
Total$9,181,349

1,326,660 Mcf of this lease's gas, across 20 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.4666, -96.2424. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46655, -96.24244 · 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
9,616 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 9,616 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-1613130629,616 ftOct 2008

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 (373)

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

373 months

May 2026067106.413.05$204
Apr 202606498.932.87$184
Mar 202607089.753.15$220
Feb 202608363.503.75$311
Jan 202606159.138.00$488
Dec 202508356.664.41$366
Nov 202507558.593.93$294
Oct 202507659.383.30$251
Sep 202505162.743.08$157
Aug 202505963.933.01$178
Jul 202507566.743.32$249
Jun 202508366.483.13$260
May 202508160.553.23$262
Apr 202508862.363.54$312
Mar 202508667.704.27$367
Feb 202508670.884.34$373
Jan 202509874.324.28$419
Dec 202404468.993.12$137
Nov 202405769.052.20$125
Oct 202404771.372.28$107
Sep 202404569.612.36$106
Aug 2024087975.632.06$1,814
Jul 2024024379.932.15$522
Jun 2024046878.082.63$1,233
May 202404478.812.20$97
Apr 202404384.451.66$71
Mar 202405680.301.55$87
Feb 202405876.091.78$103
Jan 202405273.023.30$171
Dec 202305671.262.61$146
Nov 202305777.892.81$160
Oct 202305685.443.09$173
Sep 202305689.042.74$153
Aug 202306380.522.67$168
Jul 202304974.852.64$129
Jun 202303368.962.26$75
May 202303370.622.23$74
Apr 202305578.122.24$123
Mar 202306172.852.39$146
Feb 202305075.112.47$123
Jan 202305676.533.39$190
Dec 202205776.415.73$327
Nov 202205585.005.65$311
Oct 202206087.185.86$352
Sep 202205984.888.16$482
Aug 202206594.529.13$593
Jul 2022097101.587.54$732
Jun 202201,078115.097.98$8,599
May 20220423109.378.43$3,567
Apr 2022066104.226.84$451
Mar 2022060108.885.08$305
Feb 202203691.054.86$175
Jan 202204981.844.54$222
Dec 2021010771.323.90$417
Nov 202104877.435.24$251
Oct 202101179.795.71$63
Sep 202101969.865.35$102
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021063169.493.38$2,133
May 20210063.483.02$0
Apr 2021036360.362.76$1,001
Mar 20210161.302.72$3
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200636.972.48$15
Sep 202003437.091.99$68
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 202007230.341.86$134
Feb 202006149.881.98$121
Jan 202007057.252.09$147
Dec 201908259.012.30$189
Nov 201903455.302.75$94
Oct 201902753.472.42$65
Sep 201905555.052.66$146
Aug 201907053.112.30$161
Jul 201907356.272.46$180
Jun 201909752.782.49$242
May 2019059558.482.74$1,630
Apr 2019011862.632.75$325
Mar 201909956.803.06$303
Feb 201906950.852.79$193
Jan 201909146.033.23$294
Dec 201807246.594.19$301
Nov 201807452.934.24$314
Oct 201808161.443.40$275
Sep 201808759.543.11$270
Aug 201808659.403.07$264
Jul 201809665.142.93$281
Jun 201806760.183.08$206
May 201808665.382.90$249
Apr 201808063.842.90$232
Mar 201808461.222.79$234
Feb 201807161.782.77$196
Jan 201808062.874.01$321
Dec 201708157.272.92$237
Nov 201708455.423.12$262
Oct 201708849.292.98$263
Sep 201708347.523.09$256
Aug 201709045.373.00$270
Jul 2017022243.873.09$685
Jun 2017032142.493.09$991
May 201708945.373.26$290
Apr 201708547.933.21$273
Mar 201708746.772.98$260
Feb 201707650.452.95$224
Jan 201708249.413.42$280
Dec 201608348.763.72$309
Nov 201607842.492.64$206
Oct 201607746.193.09$238
Sep 201608241.553.10$254
Aug 201608241.442.92$240
Jul 201608841.622.92$257
Jun 2016022645.352.69$607
May 201609442.521.99$187
Apr 201608736.561.99$173
Mar 2016014433.011.79$258
Feb 2016011426.472.06$235
Jan 201608327.352.36$196
Dec 201508132.362.00$162
Nov 201507738.792.17$167
Oct 201508843.552.43$214
Sep 2015014342.992.76$394
Aug 2015012940.162.87$371
Jul 2015010648.152.95$312
Jun 2015016856.152.88$484
May 201509155.212.96$269
Apr 201508149.822.71$219
Mar 201506942.892.93$202
Feb 201507244.662.98$214
Jan 201508043.433.10$248
Dec 201408154.693.59$291
Nov 201407870.464.25$332
Oct 201408078.303.90$312
Sep 201408986.164.05$360
Aug 201408289.394.04$331
Jul 201409096.564.18$376
Jun 201408698.164.74$407
May 201408894.734.73$416
Apr 2014012795.944.81$611
Mar 201407795.895.06$389
Feb 201407597.406.19$464
Jan 201408190.404.86$394
Dec 201308091.824.35$348
Nov 201307988.853.74$295
Oct 201309097.423.78$340
Sep 2013099104.113.72$368
Aug 20130106104.253.52$373
Jul 20130106102.523.72$394
Jun 2013010694.403.93$417
May 2013010794.834.15$444
Apr 201309693.964.28$411
Mar 2013011193.623.91$434
Feb 2013010391.233.42$352
Jan 2013011691.603.42$397
Dec 2012011986.773.42$407
Nov 2012011786.953.62$424
Oct 2012013089.383.40$442
Sep 2012013494.672.92$391
Aug 2012069592.662.91$2,021
Jul 2012012885.133.02$387
Jun 2012011479.822.52$287
May 2012012091.612.49$299
Apr 20120119101.652.00$238
Mar 20120137105.052.22$304
Feb 20120104101.102.57$267
Jan 2012015798.092.73$429
Dec 2011017196.873.24$554
Nov 2011015195.723.31$500
Oct 2011015384.983.65$558
Sep 2011015783.623.99$626
Aug 2011016483.404.15$680
Jul 2011017594.144.52$791
Jun 2011016892.904.64$780
May 2011015598.134.40$683
Apr 20110161105.964.33$698
Mar 2011016796.364.06$678
Feb 2011014985.644.18$623
Jan 2011017286.504.59$789
Dec 2010018285.734.35$791
Nov 2010014880.843.80$562
Oct 2010013678.103.51$477
Sep 2010017072.633.98$677
Aug 2010018373.684.42$809
Jul 2010019172.554.74$905
Jun 2010019070.364.91$933
May 2010019171.124.24$809
Apr 2010021181.694.12$870
Mar 2010015678.394.39$685
Feb 20100073.585.44$0
Jan 201003174.365.96$185
Dec 200903771.445.48$203
Nov 200902474.593.75$90
Oct 200909372.544.11$382
Sep 2009015165.543.06$463
Aug 2009010467.423.22$335
Jul 200903161.133.46$107
Jun 200902466.163.90$93
May 200902654.743.93$102
Apr 2009016846.773.59$603
Mar 2009028942.144.06$1,173
Feb 2009034432.814.63$1,594
Jan 2009043735.865.37$2,347
Dec 2008060437.105.98$3,610
Nov 2008074955.496.86$5,138
Oct 2008093875.246.92$6,493
Sep 20080503101.767.88$3,962
Aug 20081837114.228.48$7,215
Jul 20080527131.0811.39$6,002
Jun 20080829131.3313.03$10,804
May 20080559123.1711.57$6,470
Apr 200801,099110.3110.45$11,490
Mar 200812,877101.909.66$27,905
Feb 200812,66592.538.77$23,466
Jan 200811,65590.388.21$13,671
Dec 200711,25388.337.30$9,238
Nov 200701,33491.677.29$9,727
Oct 200701,33182.856.92$9,213
Sep 200701,04275.846.24$6,506
Aug 200701,32169.066.39$8,438
Jul 200701,83070.906.39$11,690
Jun 200701,11662.007.55$8,424
May 200701,72458.747.85$13,527
Apr 200701,34159.617.81$10,467
Mar 200701,96956.927.30$14,378
Feb 200712,56555.108.22$21,129
Jan 200715,60750.306.73$37,768
Dec 200626,37456.656.92$44,211
Nov 200613,78554.207.62$28,886
Oct 200616,09154.906.01$36,685
Sep 200636,87360.085.04$34,801
Aug 200614,87968.717.34$35,880
Jul 200638,74569.376.34$55,676
Jun 200622,98766.286.38$19,201
May 200617,49866.016.42$48,241
Apr 200625,47164.397.36$40,398
Mar 200618,51756.707.08$60,382
Feb 200658,36557.597.75$65,126
Jan 200635,83960.598.93$52,343
Dec 200527,55554.9413.42$101,463
Nov 200539,38654.6910.59$99,547
Oct 2005211,26358.3413.80$155,498
Sep 200527,82761.4512.08$94,665
Aug 2005110,64361.519.80$104,329
Jul 2005410,58255.697.84$83,224
Jun 2005512,12352.337.38$89,742
May 2005213,33245.226.65$88,764
Apr 200526,24349.207.36$46,050
Mar 2005010,27150.377.15$73,488
Feb 200501,51745.226.31$9,575
Jan 2005211,23643.166.32$71,123
Dec 2004414,31839.866.75$96,821
Nov 2004210,66145.286.33$67,579
Oct 2004415,33249.706.52$100,088
Sep 200439,81343.245.28$51,981
Aug 2004412,48442.375.55$69,464
Jul 2004814,24038.286.08$86,945
Jun 2004210,99836.106.43$70,823
May 2004213,27837.486.49$86,310
Apr 2004513,74634.475.86$80,703
Mar 2004015,41334.365.53$85,236
Feb 2004112,78332.455.51$70,462
Jan 2004315,50432.036.30$97,766
Dec 2003419,08030.266.30$120,356
Nov 200313,47328.804.60$15,988
Oct 200306,95528.174.76$33,103
Sep 200319,87126.314.75$46,907
Aug 200307,43629.765.13$38,145
Jul 200308,73929.415.17$45,188
Jun 200318,27228.565.98$49,520
May 2003010,02726.595.97$59,888
Apr 2003211,66026.675.41$63,102
Mar 2003112,11131.146.10$73,860
Feb 2003114,17133.487.93$112,351
Jan 2003613,53430.315.58$75,729
Dec 2002112,63526.914.85$61,354
Nov 2002215,21424.664.14$62,989
Oct 2002213,07226.464.23$55,336
Sep 2002113,38627.443.64$48,688
Aug 2002014,34925.963.16$45,403
Jul 2002116,63424.583.06$50,954
Jun 2002218,26123.733.34$61,007
May 2002114,35324.663.58$51,466
Apr 2002020,14423.653.51$70,752
Mar 2002017,86722.003.10$55,436
Feb 2002010,98818.222.38$26,104
Jan 200202,77817.172.38$6,600
Dec 2001012,31816.932.36$29,125
Nov 2001012,92018.072.41$31,079
Oct 2001011,29019.782.53$28,551
Sep 2001010,86424.262.25$24,458
Aug 2001012,40524.873.05$37,874
Jul 2001012,40923.933.20$39,673
Jun 2001010,00124.563.82$38,245
May 2001010,01325.524.31$43,129
Apr 200108,00924.685.34$42,731
Mar 200116211,48424.545.38$65,719
Feb 20018214,49727.755.77$85,881
Jan 200118418,68427.478.40$161,977
Dec 2000111,47926.889.12$104,744
Nov 2000011,87732.215.66$67,200
Oct 200018221,97931.235.15$118,777
Sep 200011711,33631.875.19$62,523
Aug 2000013,58529.644.54$61,686
Jul 200014311,81428.534.09$52,396
Jun 200015112,71029.304.40$60,313
May 2000016,08227.263.68$59,178
Apr 200015815,84124.513.12$53,233
Mar 200016119,52528.422.86$60,412
Feb 200032117,98927.622.73$57,913
Jan 200015320,80325.272.48$55,468
Dec 199911721,15324.282.42$54,110
Nov 199921128,38223.192.43$73,975
Oct 199921121,87220.982.80$65,750
Sep 199910920,35921.752.62$55,688
Aug 199923723,94319.262.88$73,415
Jul 199927624,32617.892.37$62,648
Jun 199913823,49115.942.36$57,688
May 199925923,62015.792.32$58,912
Apr 199912220,20915.102.21$46,465
Mar 199916724,33412.471.84$46,816
Feb 199931624,1179.981.82$46,993
Jan 199913429,09910.381.90$56,678
Dec 199828629,9889.201.77$55,810
Nov 199830832,30210.892.19$73,957
Oct 199823932,36512.421.97$66,702
Sep 199830535,52512.592.08$77,825
Aug 199828539,76811.301.91$79,072
Jul 199831740,47411.742.24$94,273
Jun 199832643,95911.242.24$102,012
May 199850048,86312.622.21$114,118
Apr 199836347,38013.042.51$123,436
Mar 199836948,26412.802.31$116,186
Feb 199816117,45813.952.30$42,384
Jan 199853641,36314.702.15$97,008
Dec 199705,39716.322.41$13,013
Nov 199734031,66518.193.09$103,974
Oct 199736731,48419.253.15$106,234
Sep 199735943,10817.742.95$133,748
Aug 199740346,72417.862.55$126,565
Jul 199734356,46417.582.25$132,901
Jun 199752557,99117.242.26$139,948
May 199730826,65618.972.31$67,378
Apr 199718226,38317.882.08$58,204
Mar 199752063,22418.951.94$132,454
Feb 199752461,95620.492.21$147,406
Jan 199772972,24123.483.54$272,828
Dec 199642157,04123.32$9,818
Nov 199655250,20721.97$12,127
Oct 199639934,36623.31$9,301
Sep 199668264,41422.22$15,154
Aug 199676770,65720.26$15,539
Jul 199680974,48319.55$15,816
Jun 199668072,64618.73$12,736
May 199663648,97719.43$12,357
Apr 199678651,95521.51$16,907
Mar 199690878,66819.38$17,597
Feb 199689578,43716.98$15,197
Jan 19961,20681,96317.07$20,586
Dec 19951,14370,51617.19$19,648
Nov 199587756,62416.00$14,032
Oct 19951,36779,20015.43$21,093
Sep 19951,53281,28716.18$24,788
Aug 19951,60875,76815.92$25,599
Jul 19951,56069,08815.24$23,774
Jun 19951,50467,10416.41$24,681
May 19951,57363,25917.56$27,622

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   67 Mcf  × $  3.05 =       $204

────────────────────────────────────────────────────
Month total                                     $204

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. 05/G/154738 is the state's own key, not one this site invented.