BAILEY GAS UNIT A

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

Gas lease lease 228217District 05Field 30321300Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$10.9 M
Mar 2007 – May 2026
Value, last 12 filed months
$107 k
at the published price for each month
Months reported
231
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 478 leases and 478 wells, and the rule below applies to all of them.

Discovered
1977-03-17
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-11-30.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
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
CondensateDisposition1,309 bbl$88,394
GasProduction2,058,372 Mcf$10,768,671
Total$10,857,065

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 31.4630, -96.2437. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46300, -96.24366 · 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
14,310 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 14,310 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-161336971214,310 ftMar 2007

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 (231)

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

231 months

May 2026025106.413.05$76
Apr 202604498.932.87$126
Mar 2026363189.753.15$2,257
Feb 202642,66263.503.75$10,237
Jan 202602,22059.138.00$17,755
Dec 2025212,24856.664.41$11,111
Nov 2025643158.593.93$2,044
Oct 2025201,78059.383.30$7,070
Sep 2025112,44162.743.08$8,201
Aug 2025114,60563.933.01$14,586
Jul 202505,53666.743.32$18,353
Jun 202504,96166.483.13$15,522
May 202554,08760.553.23$13,513
Apr 2025104,18662.363.54$15,455
Mar 2025333,87967.704.27$18,791
Feb 202502,79970.884.34$12,150
Jan 202553,94174.324.28$17,234
Dec 2024152,90568.993.12$10,102
Nov 202403,11069.052.20$6,837
Oct 202472,72971.372.28$6,726
Sep 202463,21469.612.36$8,017
Aug 202403,20875.632.06$6,620
Jul 202462,66379.932.15$6,196
Jun 2024122,89778.082.63$8,568
May 202493,46978.812.20$8,336
Apr 2024113,02884.451.66$5,953
Mar 202403,47080.301.55$5,362
Feb 202403,07676.091.78$5,486
Jan 202443,83173.023.30$12,925
Dec 202313,33071.262.61$8,765
Nov 202323,08077.892.81$8,803
Oct 202333,16785.443.09$10,034
Sep 202333,00589.042.74$8,486
Aug 202343,32980.522.67$9,220
Jul 202343,67174.852.64$9,997
Jun 202373,64368.962.26$8,710
May 202353,00770.622.23$7,051
Apr 202322,76178.122.24$6,335
Mar 202343,00572.852.39$7,483
Feb 202322,75475.112.47$6,941
Jan 202323,50376.533.39$12,020
Dec 202243,43176.415.73$19,962
Nov 202233,96285.005.65$22,625
Oct 202223,69887.185.86$21,859
Sep 202223,13384.888.16$25,747
Aug 202233,63294.529.13$33,433
Jul 202234,075101.587.54$31,039
Jun 202254,324115.097.98$35,069
May 202274,788109.378.43$41,143
Apr 202213,762104.226.84$25,827
Mar 202254,297108.885.08$22,358
Feb 202224,53091.054.86$22,193
Jan 202253,21481.844.54$14,993
Dec 202122,28471.323.90$9,048
Nov 202142,43577.435.24$13,061
Oct 202121,44079.795.71$8,388
Sep 202122,26769.865.35$12,270
Aug 202103,00066.024.22$12,662
Jul 202103,62370.783.98$14,427
Jun 202103,28969.493.38$11,119
May 202133,69363.483.02$11,335
Apr 202143,53560.362.76$9,992
Mar 2021123,64061.302.72$10,625
Feb 2021173,70957.805.55$21,560
Jan 202163,70550.412.81$10,715
Dec 202073,60044.642.68$9,944
Nov 2020103,63138.772.71$10,215
Oct 2020183,74836.972.48$9,955
Sep 2020193,94937.091.99$8,567
Aug 202094,21639.982.39$10,415
Jul 2020264,07438.371.83$8,433
Jun 2020373,66234.901.69$7,481
May 202013,98616.921.81$7,251
Apr 2020214,08514.751.80$7,681
Mar 2020203,73230.341.86$7,534
Feb 2020203,56549.881.98$8,059
Jan 202003,71857.252.09$7,788
Dec 201903,59659.012.30$8,286
Nov 201914,44455.302.75$12,279
Oct 201901,78153.472.42$4,307
Sep 201912,87455.052.66$7,692
Aug 201923,39053.112.30$7,918
Jul 201913,72756.272.46$9,225
Jun 201933,01652.782.49$7,672
May 201933,63158.482.74$10,126
Apr 201943,52662.632.75$9,949
Mar 201953,85356.803.06$12,082
Feb 201953,85050.852.79$11,004
Jan 2019134,11746.033.23$13,889
Dec 201844,21546.594.19$17,828
Nov 201844,09852.934.24$17,576
Oct 201843,89261.443.40$13,471
Sep 201833,84059.543.11$12,113
Aug 201823,64759.403.07$11,303
Jul 201864,53565.142.93$13,687
Jun 201854,30260.183.08$13,538
May 201864,73165.382.90$14,116
Apr 201844,29763.842.90$12,720
Mar 201874,73361.222.79$13,619
Feb 201834,19061.782.77$11,775
Jan 201844,86062.874.01$19,737
Dec 201774,70057.272.92$14,132
Nov 201734,85655.423.12$15,309
Oct 201764,88049.292.98$14,856
Sep 201734,58847.523.09$14,307
Aug 201753,93145.373.00$12,037
Jul 201744,85043.873.09$15,149
Jun 201764,81542.493.09$15,120
May 201784,73545.373.26$15,815
Apr 2017114,77147.933.21$15,850
Mar 201795,21346.772.98$15,975
Feb 2017164,78650.452.95$14,938
Jan 201775,39749.413.42$18,797
Dec 201664,79948.763.72$18,158
Nov 201604,96042.492.64$13,116
Oct 201605,45346.193.09$16,851
Sep 201605,19841.553.10$16,117
Aug 201605,66341.442.92$16,561
Jul 201606,62141.622.92$19,362
Jun 2016019345.352.69$518
May 2016063742.521.99$1,268
Apr 2016082436.561.99$1,641
Mar 201603,18433.011.79$5,712
Feb 2016713,16726.472.06$8,415
Jan 201603,12127.352.36$7,379
Dec 201501,84832.362.00$3,699
Nov 201503,49838.792.17$7,581
Oct 201504,13843.552.43$10,041
Sep 201501,86742.992.76$5,150
Aug 201505,00140.162.87$14,365
Jul 201504,45248.152.95$13,112
Jun 201505,39256.152.88$15,544
May 201505,19355.212.96$15,348
Apr 201505,33549.822.71$14,440
Mar 201502,47542.892.93$7,263
Feb 201503,19044.662.98$9,494
Jan 201501,98343.433.10$6,149
Dec 201403,11754.693.59$11,194
Nov 201404,14770.464.25$17,632
Oct 201402,71878.303.90$10,603
Sep 201403,48486.164.05$14,094
Aug 201405,79189.394.04$23,367
Jul 201403,47096.564.18$14,503
Jun 201406,60298.164.74$31,273
May 201409,12194.734.73$43,111
Apr 201408,91995.944.81$42,893
Mar 201409,46395.895.06$47,853
Feb 201404,94997.406.19$30,644
Jan 201408,87290.404.86$43,124
Dec 201304,19491.824.35$18,263
Nov 201307,30988.853.74$27,323
Oct 201308,72797.423.78$32,982
Sep 201309,946104.113.72$36,977
Aug 201307,718104.253.52$27,188
Jul 201308,041102.523.72$29,894
Jun 201307,75794.403.93$30,511
May 201309,39394.834.15$38,972
Apr 201309,37993.964.28$40,166
Mar 2013010,26893.623.91$40,177
Feb 201309,80291.233.42$33,522
Jan 201309,50491.603.42$32,503
Dec 2012011,05386.773.42$37,803
Nov 2012011,00586.953.62$39,893
Oct 2012012,50689.383.40$42,516
Sep 201207,82594.672.92$22,836
Aug 201208,14192.662.91$23,675
Jul 2012010,25485.133.02$30,975
Jun 2012010,40979.822.52$26,221
May 2012011,70891.612.49$29,133
Apr 2012011,419101.652.00$22,801
Mar 2012010,297105.052.22$22,881
Feb 2012011,938101.102.57$30,684
Jan 2012010,18498.092.73$27,844
Dec 2011112,75296.873.24$41,410
Nov 2011112,80195.723.31$42,483
Oct 2011011,36384.983.65$41,458
Sep 2011012,70683.623.99$50,644
Aug 201117817,21783.404.15$86,284
Jul 2011023,87094.144.52$107,827
Jun 2011021,67992.904.64$100,588
May 2011023,46198.134.40$103,341
Apr 2011015,447105.964.33$66,936
Mar 2011018,11996.364.06$73,515
Feb 2011014,80985.644.18$61,901
Jan 2011012,35486.504.59$56,690
Dec 2010014,50085.734.35$63,042
Nov 2010010,74080.843.80$40,762
Oct 2010014,43478.103.51$50,647
Sep 2010014,70672.633.98$58,522
Aug 2010015,28373.684.42$67,541
Jul 2010016,74472.554.74$79,308
Jun 2010016,95870.364.91$83,271
May 2010015,60671.124.24$66,095
Apr 2010018,32681.694.12$75,552
Mar 2010119,97078.394.39$87,720
Feb 2010614,74273.585.44$80,673
Jan 2010816,40374.365.96$98,424
Dec 2009017,35371.445.48$95,160
Nov 2009019,22774.593.75$72,130
Oct 2009019,47872.544.11$80,059
Sep 2009018,41465.543.06$56,434
Aug 2009018,89467.423.22$60,810
Jul 200908,96361.133.46$31,052
Jun 200919,99866.163.90$39,008
May 200908,55454.743.93$33,581
Apr 2009010,60846.773.59$38,056
Mar 2009214,59342.144.06$59,317
Feb 2009212,78132.814.63$59,280
Jan 2009717,65135.865.37$95,055
Dec 2008018,44237.105.98$110,230
Nov 2008218,26055.496.86$125,381
Oct 2008320,82075.246.92$144,341
Sep 2008320,353101.767.88$160,628
Aug 2008423,068114.228.48$196,143
Jul 2008622,557131.0811.39$257,698
Jun 20081023,358131.3313.03$305,729
May 20081624,945123.1711.57$290,691
Apr 2008524,845110.3110.45$260,303
Mar 20082129,134101.909.66$283,693
Feb 20082930,58492.538.77$270,923
Jan 20086836,25590.388.21$303,645
Dec 20073642,27388.337.30$311,856
Nov 20074646,56791.677.29$343,769
Oct 20073835,09582.856.92$246,075
Sep 2007623,99775.846.24$150,296
Aug 2007532,71969.066.39$209,352
Jul 2007633,31870.906.39$213,259
Jun 2007437,35862.007.55$282,243
May 2007037,29158.747.85$292,596
Apr 2007478,82959.617.81$615,515
Mar 20071846,74856.927.30$342,377

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                   25 Mcf  × $  3.05 =        $76

────────────────────────────────────────────────────
Month total                                      $76

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/228217 is the state's own key, not one this site invented.