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 229215District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Mar 2007 – May 2026
Value, last 12 filed months
$4 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
High Cost Gas112007-09-18178779
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
CondensateDisposition2,209 bbl$190,844
GasProduction884,269 Mcf$5,135,837
Total$5,326,680

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 31.4640, -96.2495. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46397, -96.24949 · 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
13,090 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 13,090 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-161336961313,090 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 2026098106.413.05$298
Apr 2026013998.932.87$399
Mar 2026012989.753.15$406
Feb 202608463.503.75$315
Jan 202609559.138.00$760
Dec 2025028656.664.41$1,262
Nov 2025019658.593.93$770
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 2025021762.363.54$769
Mar 202501,17567.704.27$5,015
Feb 2025067270.884.34$2,917
Jan 202501,31274.324.28$5,614
Dec 2024083368.993.12$2,600
Nov 202404,40569.052.20$9,684
Oct 202401,36071.372.28$3,103
Sep 202402,58069.612.36$6,100
Aug 202407475.632.06$153
Jul 202404679.932.15$99
Jun 202409078.082.63$237
May 202407378.812.20$160
Apr 2024016484.451.66$272
Mar 2024020580.301.55$317
Feb 2024019376.091.78$344
Jan 2024043773.023.30$1,441
Dec 2023039371.262.61$1,026
Nov 202301,04477.892.81$2,931
Oct 202301,31985.443.09$4,072
Sep 202301,21789.042.74$3,329
Aug 2023093780.522.67$2,504
Jul 2023028874.852.64$761
Jun 2023019268.962.26$434
May 2023017270.622.23$383
Apr 20230078.122.24$0
Mar 202303472.852.39$81
Feb 2023017875.112.47$439
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 20220270104.226.84$1,846
Mar 20220147108.885.08$746
Feb 2022078291.054.86$3,800
Jan 202202,05981.844.54$9,343
Dec 2021087271.323.90$3,400
Nov 202101,97877.435.24$10,358
Oct 202101,65379.795.71$9,445
Sep 202101,53569.865.35$8,214
Aug 2021020166.024.22$848
Jul 20210070.783.98$0
Jun 20210769.493.38$24
May 20210063.483.02$0
Apr 202106960.362.76$190
Mar 20210061.302.72$0
Feb 2021030757.805.55$1,703
Jan 2021055450.412.81$1,557
Dec 202001,81644.642.68$4,859
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020096737.091.99$1,925
Aug 202001,23639.982.39$2,948
Jul 202002,00338.371.83$3,656
Jun 202001,77134.901.69$2,994
May 202001,54616.921.81$2,806
Apr 202001,35914.751.80$2,452
Mar 202041,43330.341.86$2,781
Feb 202051,60149.881.98$3,420
Jan 202001,12457.252.09$2,354
Dec 2019077659.012.30$1,788
Nov 201901,25455.302.75$3,449
Oct 201901,47453.472.42$3,565
Sep 2019048855.052.66$1,297
Aug 201911,52353.112.30$3,563
Jul 201911,72956.272.46$4,310
Jun 201921,90852.782.49$4,859
May 201921,88958.482.74$5,293
Apr 201921,77262.632.75$5,000
Mar 201941,64656.803.06$5,267
Feb 201961,62450.852.79$4,840
Jan 2019161,77946.033.23$6,479
Dec 201862,07846.594.19$8,977
Nov 201851,56152.934.24$6,879
Oct 201851,93161.443.40$6,869
Sep 201852,10559.543.11$6,840
Aug 201832,09959.403.07$6,615
Jul 2018102,63765.142.93$8,383
Jun 201862,13660.183.08$6,933
May 201882,45165.382.90$7,633
Apr 201841,30063.842.90$4,026
Mar 201892,42361.222.79$7,303
Feb 201852,25961.782.77$6,558
Jan 201852,49462.874.01$10,314
Dec 2017122,64357.272.92$8,409
Nov 201752,73755.423.12$8,812
Oct 201792,54949.292.98$8,049
Sep 201742,18747.523.09$6,942
Aug 201782,71045.373.00$8,505
Jul 201752,29443.873.09$7,302
Jun 201772,56042.493.09$8,201
May 201722,26745.373.26$7,489
Apr 201732,15447.933.21$7,062
Mar 201732,10946.772.98$6,433
Feb 201751,96750.452.95$6,060
Jan 201722,22249.413.42$7,695
Dec 201622,02148.763.72$7,621
Nov 201601,93542.492.64$5,117
Oct 201602,07946.193.09$6,425
Sep 201601,82941.553.10$5,671
Aug 201601,70141.442.92$4,974
Jul 201602,30241.622.92$6,732
Jun 201601,75645.352.69$4,716
May 201601,78542.521.99$3,554
Apr 201602,45936.561.99$4,896
Mar 201602,17433.011.79$3,900
Feb 2016075826.472.06$1,564
Jan 201601,00127.352.36$2,367
Dec 201501,91132.362.00$3,825
Nov 201502,06638.792.17$4,478
Oct 201502,42243.552.43$5,877
Sep 201501,82042.992.76$5,020
Aug 201501,81640.162.87$5,216
Jul 201504,25148.152.95$12,520
Jun 201504,11356.152.88$11,857
May 201504,48155.212.96$13,243
Apr 201504,93149.822.71$13,346
Mar 201504,67842.892.93$13,729
Feb 201503,29944.662.98$9,818
Jan 201502,46443.433.10$7,640
Dec 201402,70354.693.59$9,707
Nov 201402,93870.464.25$12,492
Oct 201402,36478.303.90$9,222
Sep 201402,92186.164.05$11,817
Aug 201402,34189.394.04$9,446
Jul 201403,40896.564.18$14,244
Jun 201403,36398.164.74$15,930
May 201403,46294.734.73$16,363
Apr 201403,60495.944.81$17,332
Mar 201403,66595.895.06$18,533
Feb 201402,82697.406.19$17,499
Jan 201403,19190.404.86$15,511
Dec 201302,94291.824.35$12,811
Nov 201302,80188.853.74$10,471
Oct 201303,11297.423.78$11,761
Sep 201302,990104.113.72$11,116
Aug 201303,307104.253.52$11,649
Jul 201303,114102.523.72$11,577
Jun 201303,10294.403.93$12,201
May 201303,18994.834.15$13,231
Apr 201302,95093.964.28$12,634
Mar 201303,00293.623.91$11,746
Feb 201302,59191.233.42$8,861
Jan 201303,64391.603.42$12,459
Dec 201203,45386.773.42$11,810
Nov 201203,44886.953.62$12,499
Oct 201203,66189.383.40$12,446
Sep 201203,47394.672.92$10,136
Aug 201203,45392.662.91$10,042
Jul 201203,46985.133.02$10,479
Jun 201203,42279.822.52$8,620
May 201203,40091.612.49$8,460
Apr 201203,383101.652.00$6,755
Mar 201213,571105.052.22$8,040
Feb 20121853,651101.102.57$28,087
Jan 201203,66698.092.73$10,023
Dec 201104,09196.873.24$13,254
Nov 201114,25895.723.31$14,195
Oct 201103,99284.983.65$14,565
Sep 201102,26583.623.99$9,028
Aug 201104,79183.404.15$19,879
Jul 201105,41994.144.52$24,479
Jun 201103,64992.904.64$16,931
May 201103,40598.134.40$14,998
Apr 201104,157105.964.33$18,013
Mar 201104,81396.364.06$19,528
Feb 20111813,25785.644.18$29,115
Jan 201104,80886.504.59$22,063
Dec 201004,24885.734.35$18,469
Nov 201005,09080.843.80$19,318
Oct 201003,69378.103.51$12,958
Sep 201004,76972.633.98$18,978
Aug 201004,94173.684.42$21,836
Jul 201005,30072.554.74$25,103
Jun 201004,20970.364.91$20,668
May 201004,96371.124.24$21,019
Apr 201004,90981.694.12$20,238
Mar 20101734,94878.394.39$35,277
Feb 201074,27573.585.44$23,781
Jan 201064,40574.365.96$26,718
Dec 200904,17471.445.48$22,889
Nov 200904,38774.593.75$16,458
Oct 200904,83172.544.11$19,857
Sep 200904,24965.543.06$13,022
Aug 200904,70867.423.22$15,153
Jul 200913,13761.133.46$10,929
Jun 200901,80966.163.90$7,046
May 200912554.743.93$153
Apr 20093146.773.59$144
Mar 20091442.144.06$58
Feb 200901,09532.814.63$5,073
Jan 2009910,76335.865.37$58,131
Dec 2008011,09337.105.98$66,304
Nov 2008210,96855.496.86$75,355
Oct 2008211,71375.246.92$81,228
Sep 200817512,794101.767.88$118,587
Aug 2008113,674114.228.48$116,111
Jul 200818113,240131.0811.39$174,522
Jun 2008614,914131.3313.03$195,157
May 2008514,600123.1711.57$169,600
Apr 200818113,677110.3110.45$162,957
Mar 200817114,637101.909.66$158,878
Feb 2008717,38992.538.77$153,159
Jan 2008821,43690.388.21$176,621
Dec 2007325,39988.337.30$185,728
Nov 2007331,29291.677.29$228,447
Oct 2007726,56082.856.92$184,428
Sep 200717116,13575.846.24$113,718
Aug 200716923,35669.066.39$160,868
Jul 200717928,41570.906.39$194,204
Jun 20071049,11862.007.55$371,385
May 200716854,84358.747.85$440,182
Apr 2007821,33959.617.81$167,032
Mar 2007254656.927.30$4,101

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                   98 Mcf  × $  3.05 =       $298

────────────────────────────────────────────────────
Month total                                     $298

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/229215 is the state's own key, not one this site invented.