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 247875District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.3 M
Jul 2008 – May 2026
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
215
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 Gas112009-06-26192563
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
CondensateDisposition2,083 bbl$120,745
GasProduction1,175,440 Mcf$5,195,759
Total$5,316,503

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 31.4782, -96.2283. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47816, -96.22829 · 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
12,950 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 12,950 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-161335331612,950 ftJul 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 (215)

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

215 months

May 20260519106.413.05$1,581
Apr 2026117498.932.87$598
Mar 2026235989.753.15$1,310
Feb 2026122763.503.75$915
Jan 2026038159.138.00$3,047
Dec 2025149456.664.41$2,237
Nov 2025044658.593.93$1,751
Oct 2025347759.383.30$1,755
Sep 2025139062.743.08$1,263
Aug 2025142563.933.01$1,345
Jul 2025043866.743.32$1,452
Jun 2025041366.483.13$1,292
May 2025143660.553.23$1,470
Apr 2025135562.363.54$1,320
Mar 2025235967.704.27$1,668
Feb 2025132670.884.34$1,486
Jan 2025033874.324.28$1,446
Dec 2024135768.993.12$1,183
Nov 2024019869.052.20$435
Oct 2024136071.372.28$893
Sep 2024127769.612.36$725
Aug 2024030075.632.06$619
Jul 2024126579.932.15$649
Jun 2024124378.082.63$718
May 2024143578.812.20$1,035
Apr 2024134684.451.66$659
Mar 2024054280.301.55$837
Feb 2024031276.091.78$557
Jan 2024047373.023.30$1,560
Dec 2023041571.262.61$1,083
Nov 2023138277.892.81$1,150
Oct 2023136685.443.09$1,215
Sep 2023136889.042.74$1,096
Aug 2023535580.522.67$1,351
Jul 2023337274.852.64$1,207
Jun 2023650768.962.26$1,559
May 2023045170.622.23$1,005
Apr 2023262078.122.24$1,544
Mar 2023963272.852.39$2,168
Feb 2023385875.112.47$2,341
Jan 2023489576.533.39$3,338
Dec 2022685776.415.73$5,368
Nov 2022697585.005.65$6,015
Oct 202261,29687.185.86$8,123
Sep 202251,27784.888.16$10,849
Aug 202271,18494.529.13$11,468
Jul 202271,076101.587.54$8,826
Jun 2022121,152115.097.98$10,571
May 2022151,248109.378.43$12,165
Apr 202221,305104.226.84$9,132
Mar 2022141,350108.885.08$8,377
Feb 202231,02491.054.86$5,249
Jan 2022191,14081.844.54$6,728
Dec 2021111,28571.323.90$5,795
Nov 2021291,30777.435.24$9,090
Oct 2021151,34079.795.71$8,853
Sep 2021101,23369.865.35$7,296
Aug 2021201,42666.024.22$7,339
Jul 2021191,40070.783.98$6,920
Jun 20211276969.493.38$3,434
May 20211482363.483.02$3,372
Apr 202191,38260.362.76$4,355
Mar 2021191,46861.302.72$5,153
Feb 2021221,15157.805.55$7,657
Jan 2021121,43850.412.81$4,646
Dec 2020101,41544.642.68$4,232
Nov 2020171,44938.772.71$4,581
Oct 2020271,75736.972.48$5,353
Sep 2020291,49537.091.99$4,052
Aug 2020151,73839.982.39$4,745
Jul 2020622,04238.371.83$6,106
Jun 2020551,67134.901.69$4,744
May 202022,47816.921.81$4,531
Apr 2020692,42514.751.80$5,393
Mar 2020621,90330.341.86$5,413
Feb 2020531,95749.881.98$6,520
Jan 202002,40157.252.09$5,029
Dec 201902,54459.012.30$5,862
Nov 201921,62955.302.75$4,591
Oct 201902,44453.472.42$5,911
Sep 201942,30255.052.66$6,337
Aug 201992,50153.112.30$6,241
Jul 201993,55656.272.46$9,254
Jun 2019183,79152.782.49$10,394
May 2019143,18958.482.74$9,558
Apr 2019193,46862.632.75$10,729
Mar 2019202,90156.803.06$10,019
Feb 2019202,51950.852.79$8,051
Jan 2019583,11946.033.23$12,738
Dec 2018223,31246.594.19$14,887
Nov 2018133,30352.934.24$14,684
Oct 2018173,67761.443.40$13,539
Sep 2018273,79859.543.11$13,412
Aug 2018133,66559.403.07$12,011
Jul 2018384,44765.142.93$15,513
Jun 2018384,20160.183.08$15,213
May 2018403,98065.382.90$14,160
Apr 2018213,96863.842.90$12,851
Mar 2018404,02561.222.79$13,666
Feb 2018182,79961.782.77$8,854
Jan 2018162,85262.874.01$12,441
Dec 2017423,46157.272.92$12,517
Nov 2017214,16055.423.12$14,136
Oct 2017494,09549.292.98$14,633
Sep 2017293,75847.523.09$12,980
Aug 2017234,03045.373.00$13,151
Jul 2017244,35143.873.09$14,486
Jun 2017343,68642.493.09$12,824
May 2017473,40445.373.26$13,241
Apr 2017604,18347.933.21$16,310
Mar 2017394,36646.772.98$14,851
Feb 2017513,91450.452.95$14,129
Jan 2017273,89649.413.42$14,654
Dec 2016203,80448.763.72$15,137
Nov 201603,76142.492.64$9,945
Oct 201604,11046.193.09$12,701
Sep 201603,78441.553.10$11,733
Aug 201603,62241.442.92$10,592
Jul 201603,44641.622.92$10,077
Jun 201602,95145.352.69$7,926
May 201602,56142.521.99$5,099
Apr 201602,68836.561.99$5,352
Mar 201602,70433.011.79$4,851
Feb 201602,83826.472.06$5,857
Jan 201603,08427.352.36$7,292
Dec 201502,98932.362.00$5,982
Nov 201502,10938.792.17$4,571
Oct 201503,24043.552.43$7,862
Sep 201503,31442.992.76$9,141
Aug 201503,55240.162.87$10,203
Jul 201503,68748.152.95$10,859
Jun 201503,53256.152.88$10,182
May 201503,59755.212.96$10,631
Apr 201503,64349.822.71$9,860
Mar 201503,99342.892.93$11,718
Feb 201503,35944.662.98$9,997
Jan 201503,94443.433.10$12,229
Dec 201403,95254.693.59$14,193
Nov 201403,77170.464.25$16,034
Oct 201403,97378.303.90$15,499
Sep 201403,89786.164.05$15,765
Aug 201403,93389.394.04$15,870
Jul 201404,36996.564.18$18,261
Jun 201404,13398.164.74$19,578
May 201404,58294.734.73$21,657
Apr 201404,42195.944.81$21,261
Mar 201404,39895.895.06$22,240
Feb 201403,93497.406.19$24,359
Jan 201404,11490.404.86$19,997
Dec 201304,28291.824.35$18,646
Nov 201304,16688.853.74$15,574
Oct 201304,59597.423.78$17,366
Sep 201303,946104.113.72$14,670
Aug 201304,492104.253.52$15,824
Jul 201305,339102.523.72$19,849
Jun 201305,05794.403.93$19,891
May 201305,05794.834.15$20,982
Apr 201304,95493.964.28$21,216
Mar 201304,75693.623.91$18,610
Feb 201304,63091.233.42$15,834
Jan 201305,44191.603.42$18,608
Dec 20121785,57886.773.42$34,523
Nov 201205,42086.953.62$19,647
Oct 201205,92589.383.40$20,143
Sep 201205,80394.672.92$16,935
Aug 201206,17092.662.91$17,943
Jul 201206,11885.133.02$18,481
Jun 201206,08979.822.52$15,338
May 201206,25691.612.49$15,567
Apr 201205,021101.652.00$10,026
Mar 201206,761105.052.22$15,023
Feb 201206,338101.102.57$16,290
Jan 201206,68698.092.73$18,280
Dec 201106,98096.873.24$22,613
Nov 201106,98795.723.31$23,136
Oct 201108,23184.983.65$30,031
Sep 201108,30483.623.99$33,098
Aug 201109,02483.404.15$37,443
Jul 201109,07094.144.52$40,971
Jun 201109,36392.904.64$43,443
May 201109,03898.134.40$39,811
Apr 201119,979105.964.33$43,348
Mar 2011110,43196.364.06$42,418
Feb 201128,72385.644.18$36,633
Jan 2011210,74086.504.59$49,457
Dec 2010010,38585.734.35$45,151
Nov 2010010,40880.843.80$39,502
Oct 2010011,33578.103.51$39,773
Sep 2010012,03572.633.98$47,893
Aug 2010013,03673.684.42$57,611
Jul 2010013,47272.554.74$63,810
Jun 2010013,01470.364.91$63,904
May 2010012,45871.124.24$52,762
Apr 201018,87781.694.12$36,679
Mar 2010113,64778.394.39$59,971
Feb 2010012,30073.585.44$66,941
Jan 2010013,89874.365.96$82,889
Dec 2009011,22971.445.48$61,577
Nov 2009015,57374.593.75$58,422
Oct 2009016,79672.544.11$69,036
Sep 2009016,69765.543.06$51,172
Aug 2009017,13067.423.22$55,133
Jul 2009120,25961.133.46$70,248
Jun 2009118,87166.163.90$73,569
May 2009222,33854.743.93$87,803
Apr 20092123,45346.773.59$85,120
Mar 20091127,61042.144.06$112,533
Feb 2009628,07532.814.63$130,268
Jan 20091535,83035.865.37$192,981
Dec 2008035,97537.105.98$215,028
Nov 20084950,37055.496.86$348,275
Oct 20085149,33375.246.92$345,319
Sep 20083366,994101.767.88$531,076
Aug 20081213,785114.228.48$118,309
Jul 20081901131.0811.39$10,393

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                  519 Mcf  × $  3.05 =     $1,581

────────────────────────────────────────────────────
Month total                                   $1,581

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/247875 is the state's own key, not one this site invented.