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 230439District 05Field 303257502 tax incentive programmesGasSaveExport
Value, all time
$9 k
Jun 2007 – May 2026
Value, last 12 filed months
$784
at the published price for each month
Months reported
228
no gaps in the span
Streams
1
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 Gas112011-03-16201687
NGPA3none

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
GasProduction3,024 Mcf$9,015
Total$9,015

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 31.4626, -96.2461. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46262, -96.24607 · 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
9,718 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 9,718 ft.

Completions filed
Feb 2016
1 of 1 wells

1 well

42-1613129719,718 ftFeb 2016

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 (228)

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

228 months

May 202612106.413.05$37
Apr 20261798.932.87$49
Mar 20261689.753.15$50
Feb 20261063.503.75$38
Jan 20261759.138.00$136
Dec 20252656.664.41$115
Nov 20251058.593.93$39
Oct 20252359.383.30$76
Sep 20251962.743.08$58
Aug 20251763.933.01$51
Jul 20252166.743.32$70
Jun 20252166.483.13$66
May 20252260.553.23$71
Apr 20252262.363.54$78
Mar 20252167.704.27$90
Feb 20252170.884.34$91
Jan 20252474.324.28$103
Dec 20242668.993.12$81
Nov 20242569.052.20$55
Oct 20241771.372.28$39
Sep 20241869.612.36$43
Aug 20242075.632.06$41
Jul 20242379.932.15$49
Jun 20242678.082.63$68
May 20241978.812.20$42
Apr 20241784.451.66$28
Mar 20241980.301.55$29
Feb 20241776.091.78$30
Jan 20242773.023.30$89
Dec 20231171.262.61$29
Nov 20232377.892.81$65
Oct 20231085.443.09$31
Sep 20231589.042.74$41
Aug 20231480.522.67$37
Jul 20232074.852.64$53
Jun 20232968.962.26$66
May 20233070.622.23$67
Apr 2023078.122.24$0
Mar 20231772.852.39$41
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 20221676.415.73$92
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 20221684.888.16$131
Aug 2022094.529.13$0
Jul 202218101.587.54$136
Jun 202217115.097.98$136
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 20202036.972.48$50
Sep 20202137.091.99$42
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 20205430.341.86$100
Feb 20205049.881.98$99
Jan 20205157.252.09$107
Dec 20195359.012.30$122
Nov 20195255.302.75$143
Oct 20195553.472.42$133
Sep 20195355.052.66$141
Aug 20195353.112.30$122
Jul 20195756.272.46$140
Jun 20195852.782.49$144
May 20195858.482.74$159
Apr 20195662.632.75$154
Mar 20196056.803.06$184
Feb 20195150.852.79$142
Jan 20195546.033.23$178
Dec 20184946.594.19$205
Nov 20183352.934.24$140
Oct 20185761.443.40$194
Sep 20186059.543.11$186
Aug 20185759.403.07$175
Jul 20185965.142.93$173
Jun 20185360.183.08$163
May 20185965.382.90$171
Apr 20185663.842.90$162
Mar 20185861.222.79$162
Feb 20185261.782.77$144
Jan 20185962.874.01$237
Dec 20173557.272.92$102
Nov 2017055.423.12$0
Oct 20171949.292.98$57
Sep 20172547.523.09$77
Aug 20172745.373.00$81
Jul 20173343.873.09$102
Jun 20173042.493.09$93
May 20173345.373.26$108
Apr 20174047.933.21$128
Mar 20174246.772.98$125
Feb 20173550.452.95$103
Jan 20173549.413.42$120
Dec 20163048.763.72$112
Nov 20163642.492.64$95
Oct 20161846.193.09$56
Sep 20162541.553.10$78
Aug 20164041.442.92$117
Jul 20162941.622.92$85
Jun 20163945.352.69$105
May 20163042.521.99$60
Apr 20163436.561.99$68
Mar 20162933.011.79$52
Feb 20164226.472.06$87
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$0
Dec 2008037.105.98$0
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 2007069.066.39$0
Jul 2007070.906.39$0
Jun 2007062.007.55$0

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
Gas                   12 Mcf  × $  3.05 =        $37

────────────────────────────────────────────────────
Month total                                      $37

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/230439 is the state's own key, not one this site invented.