BAILEY GAS UNIT A

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

Gas lease lease 223390District 05Field 303257502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Oct 2006 – May 2026
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
236
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 205 leases and 205 wells, and the rule below applies to all of them.

Discovered
1987-03-15
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 2008-08-25.

The Commission's schedule remark for this field reads: PER DOCKET 05-0257882, TOLERANCE ACRES CORRECTED FROM 44 TO 4.

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 Gas112011-03-16201689
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
CondensateDisposition1,160 bbl$86,527
GasProduction489,307 Mcf$2,380,135
Total$2,466,663

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 31.4564, -96.2448. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45637, -96.24482 · 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 2006
1 of 1 wells

1 well

42-1613131449,616 ftOct 2006

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 (236)

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

236 months

May 20260268106.413.05$816
Apr 2026028798.932.87$824
Mar 2026030989.753.15$973
Feb 2026020163.503.75$754
Jan 2026032459.138.00$2,591
Dec 2025033356.664.41$1,470
Nov 2025063558.593.93$2,493
Oct 202501,08159.383.30$3,573
Sep 202501,08462.743.08$3,335
Aug 202501,08963.933.01$3,283
Jul 202501,04366.743.32$3,458
Jun 2025041466.483.13$1,295
May 2025031560.553.23$1,018
Apr 2025032962.363.54$1,166
Mar 2025130867.704.27$1,382
Feb 2025031770.884.34$1,376
Jan 2025037774.324.28$1,613
Dec 2024049068.993.12$1,529
Nov 2024056169.052.20$1,233
Oct 2024071571.372.28$1,631
Sep 2024082669.612.36$1,953
Aug 2024058675.632.06$1,209
Jul 2024072379.932.15$1,552
Jun 2024059478.082.63$1,565
May 2024091278.812.20$2,005
Apr 2024086484.451.66$1,434
Mar 2024093280.301.55$1,440
Feb 2024080876.091.78$1,441
Jan 2024082473.023.30$2,717
Dec 2023082771.262.61$2,159
Nov 2023070877.892.81$1,988
Oct 2023073085.443.09$2,254
Sep 2023072389.042.74$1,977
Aug 2023184280.522.67$2,331
Jul 2023079674.852.64$2,103
Jun 2023010868.962.26$244
May 2023181870.622.23$1,893
Apr 2023081078.122.24$1,813
Mar 2023082672.852.39$1,977
Feb 2023073675.112.47$1,815
Jan 2023279876.533.39$2,856
Dec 2022281076.415.73$4,793
Nov 2022290885.005.65$5,297
Oct 2022286187.185.86$5,223
Sep 2022293184.888.16$7,770
Aug 202231,21594.529.13$11,373
Jul 202241,403101.587.54$10,988
Jun 202241,210115.097.98$10,113
May 202251,256109.378.43$11,139
Apr 202211,127104.226.84$7,810
Mar 202261,136108.885.08$6,420
Feb 2022195891.054.86$4,746
Jan 202241,04781.844.54$5,078
Dec 202121,12371.323.90$4,521
Nov 202141,12577.435.24$6,201
Oct 202121,10479.795.71$6,468
Sep 2021188369.865.35$4,795
Aug 202131,42866.024.22$6,225
Jul 202141,51870.783.98$6,328
Jun 202151,32869.493.38$4,837
May 202141,35163.483.02$4,331
Apr 2021199560.362.76$2,805
Mar 202131,06661.302.72$3,080
Feb 2021255257.805.55$3,178
Jan 202121,03450.412.81$3,007
Dec 2020168844.642.68$1,885
Nov 2020268038.772.71$1,918
Oct 2020371836.972.48$1,890
Sep 202061,10937.091.99$2,431
Aug 202021,19639.982.39$2,933
Jul 202091,37238.371.83$2,849
Jun 2020131,40734.901.69$2,832
May 202012,89916.921.81$5,278
Apr 2020101,77014.751.80$3,341
Mar 2020141,53630.341.86$3,276
Feb 2020101,33349.881.98$3,139
Jan 202001,65257.252.09$3,461
Dec 201901,41659.012.30$3,263
Nov 201901,41055.302.75$3,878
Oct 201901,68253.472.42$4,068
Sep 201911,83855.052.66$4,939
Aug 201921,60553.112.30$3,805
Jul 2019175956.272.46$1,923
Jun 2019159052.782.49$1,523
May 201921,09358.482.74$3,112
Apr 201941,44662.632.75$4,228
Mar 201951,33056.803.06$4,357
Feb 201951,36550.852.79$4,066
Jan 2019131,52846.033.23$5,531
Dec 201831,05146.594.19$4,539
Nov 201811,29652.934.24$5,544
Oct 201821,34361.443.40$4,687
Sep 2018156759.543.11$1,822
Aug 2018150159.403.07$1,596
Jul 201831,21665.142.93$3,761
Jun 201831,27760.183.08$4,110
May 201841,39365.382.90$4,302
Apr 201821,33363.842.90$3,994
Mar 201841,30361.222.79$3,876
Feb 201821,22261.782.77$3,504
Jan 201821,30062.874.01$5,338
Dec 201731,49157.272.92$4,528
Nov 201711,57255.423.12$4,957
Oct 201731,57749.292.98$4,853
Sep 201721,55547.523.09$4,896
Aug 201721,50645.373.00$4,615
Jul 201711,09843.873.09$3,434
Jun 2017187142.493.09$2,732
May 201721,05345.373.26$3,527
Apr 201721,00347.933.21$3,317
Mar 201731,51246.772.98$4,652
Feb 201731,22050.452.95$3,754
Jan 201721,21449.413.42$4,249
Dec 201611,23648.763.72$4,650
Nov 201601,26942.492.64$3,356
Oct 201601,22746.193.09$3,792
Sep 201601,36941.553.10$4,245
Aug 201601,54741.442.92$4,524
Jul 201601,42441.622.92$4,164
Jun 201601,33945.352.69$3,596
May 201601,63542.521.99$3,255
Apr 201601,68236.561.99$3,349
Mar 201601,71033.011.79$3,068
Feb 201601,50626.472.06$3,108
Jan 201601,80027.352.36$4,256
Dec 2015592,01832.362.00$5,948
Nov 201502,03538.792.17$4,411
Oct 201502,09243.552.43$5,076
Sep 201502,06142.992.76$5,685
Aug 201502,19240.162.87$6,297
Jul 201501,90948.152.95$5,622
Jun 201502,21956.152.88$6,397
May 201502,24855.212.96$6,644
Apr 201502,29949.822.71$6,222
Mar 201501,35842.892.93$3,985
Feb 2015073044.662.98$2,173
Jan 2015087343.433.10$2,707
Dec 201401,28454.693.59$4,611
Nov 201401,46470.464.25$6,225
Oct 201401,66778.303.90$6,503
Sep 201401,81786.164.05$7,351
Aug 201401,44989.394.04$5,847
Jul 201401,42596.564.18$5,956
Jun 201401,89898.164.74$8,991
May 201402,04994.734.73$9,685
Apr 201401,94695.944.81$9,359
Mar 201401,66095.895.06$8,394
Feb 2014088097.406.19$5,449
Jan 201401,41290.404.86$6,863
Dec 201301,50191.824.35$6,536
Nov 201301,36488.853.74$5,099
Oct 201301,86697.423.78$7,052
Sep 201301,967104.113.72$7,313
Aug 201301,766104.253.52$6,221
Jul 201301,908102.523.72$7,093
Jun 201302,01894.403.93$7,938
May 201301,77694.834.15$7,369
Apr 201302,01193.964.28$8,612
Mar 201302,10293.623.91$8,225
Feb 201301,98691.233.42$6,792
Jan 201302,28991.603.42$7,828
Dec 201201,80186.773.42$6,160
Nov 201201,92186.953.62$6,964
Oct 201202,06789.383.40$7,027
Sep 201202,09994.672.92$6,126
Aug 201202,28192.662.91$6,634
Jul 201202,33985.133.02$7,066
Jun 201202,16779.822.52$5,459
May 201202,48291.612.49$6,176
Apr 201202,267101.652.00$4,527
Mar 20121492,476105.052.22$21,154
Feb 201202,407101.102.57$6,187
Jan 201202,82098.092.73$7,710
Dec 201102,71696.873.24$8,799
Nov 201103,15695.723.31$10,450
Oct 201102,95984.983.65$10,796
Sep 201103,19883.623.99$12,747
Aug 201103,02583.404.15$12,552
Jul 201103,39094.144.52$15,313
Jun 201101,64992.904.64$7,651
May 201103,28798.134.40$14,479
Apr 201103,509105.964.33$15,205
Mar 201103,78296.364.06$15,345
Feb 201102,96185.644.18$12,377
Jan 201104,02686.504.59$18,474
Dec 201004,35585.734.35$18,934
Nov 201004,63780.843.80$17,599
Oct 201004,36278.103.51$15,306
Sep 201001,09472.633.98$4,354
Aug 201003,17873.684.42$14,045
Jul 201003,88472.554.74$18,397
Jun 201004,47370.364.91$21,964
May 201004,01371.124.24$16,996
Apr 201001,11381.694.12$4,589
Mar 201011,53378.394.39$6,806
Feb 201023,24573.585.44$17,808
Jan 201023,60274.365.96$21,631
Dec 200904,66771.445.48$25,593
Nov 20091723,49174.593.75$25,926
Oct 200901,01572.544.11$4,172
Sep 200901,33865.543.06$4,101
Aug 200901,57067.423.22$5,053
Jul 200902,93361.133.46$10,161
Jun 200911,37566.163.90$5,422
May 200902,71554.743.93$10,658
Apr 200903,52546.773.59$12,646
Mar 200905,07642.144.06$20,603
Feb 200903,18632.814.63$14,761
Jan 200924,25035.865.37$22,898
Dec 200804,95237.105.98$29,599
Nov 200834,18255.496.86$28,857
Oct 200832,07875.246.92$14,610
Sep 200801,491101.767.88$11,745
Aug 200801,826114.228.48$15,490
Jul 200801,905131.0811.39$21,697
Jun 20081532,015131.3313.03$46,354
May 200802,519123.1711.57$29,156
Apr 200812,888110.3110.45$30,304
Mar 200844,696101.909.66$45,790
Feb 200814,51392.538.77$39,674
Jan 200855,44390.388.21$45,116
Dec 200715,99188.337.30$43,834
Nov 200723,38391.677.29$24,851
Oct 200723,83682.856.92$26,718
Sep 200734,85975.846.24$30,568
Aug 200714,51769.066.39$28,923
Jul 200702,96670.906.39$18,947
Jun 20071423,03362.007.55$31,698
May 200708,70458.747.85$68,294
Apr 200719,06959.617.81$70,845
Mar 2007111,14856.927.30$81,459
Feb 2007111,15555.108.22$91,705
Jan 200716714,90550.306.73$108,664
Dec 20061812,93656.656.92$90,517
Nov 200628,57254.207.62$65,405
Oct 20062810,49154.906.01$64,628

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                  268 Mcf  × $  3.05 =       $816

────────────────────────────────────────────────────
Month total                                     $816

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/223390 is the state's own key, not one this site invented.