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 248711District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
Nov 2008 – May 2026
Value, last 12 filed months
$102 k
at the published price for each month
Months reported
211
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 Gas112009-07-17193188
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
CondensateDisposition459 bbl$32,614
GasProduction1,082,485 Mcf$4,422,919
Total$4,455,534

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 31.4757, -96.2331. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47568, -96.23315 · 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
13,200 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 13,200 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-16134127913,200 ftNov 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 (211)

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

211 months

May 202602,093106.413.05$6,375
Apr 202602,04498.932.87$5,866
Mar 202602,18589.753.15$6,882
Feb 202602,16263.503.75$8,108
Jan 202602,27059.138.00$18,155
Dec 202502,43356.664.41$10,738
Nov 202502,61658.593.93$10,272
Oct 202501,77759.383.30$5,873
Sep 202501,69962.743.08$5,228
Aug 202502,31663.933.01$6,982
Jul 202502,74666.743.32$9,104
Jun 202502,57766.483.13$8,063
May 202502,41160.553.23$7,793
Apr 202511,86962.363.54$6,684
Mar 202501,38667.704.27$5,916
Feb 202502,58370.884.34$11,212
Jan 202502,86574.324.28$12,258
Dec 202422,54168.993.12$8,069
Nov 202411,80569.052.20$4,037
Oct 202421,86971.372.28$4,407
Sep 202421,87569.612.36$4,572
Aug 20240175.632.06$2
Jul 202402279.932.15$47
Jun 20240078.082.63$0
May 202402578.812.20$55
Apr 202402984.451.66$48
Mar 202408780.301.55$134
Feb 20240076.091.78$0
Jan 2024047873.023.30$1,576
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202301780.522.67$45
Jul 202301274.852.64$32
Jun 202302268.962.26$50
May 202307270.622.23$160
Apr 20230578.122.24$11
Mar 20230872.852.39$19
Feb 202302475.112.47$59
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 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 2020026357.252.09$551
Dec 201901,22259.012.30$2,816
Nov 201901,62055.302.75$4,456
Oct 201901,53953.472.42$3,722
Sep 201901,55555.052.66$4,132
Aug 201901,75953.112.30$4,053
Jul 201902,44256.272.46$6,007
Jun 2019048852.782.49$1,216
May 201902,19058.482.74$6,001
Apr 201901,67462.632.75$4,605
Mar 201903,25856.803.06$9,976
Feb 20190850.852.79$22
Jan 20190046.033.23$0
Dec 201802,43946.594.19$10,208
Nov 201801,91452.934.24$8,110
Oct 201802,25461.443.40$7,659
Sep 201802,30559.543.11$7,164
Aug 201802,01159.403.07$6,167
Jul 201802,14365.142.93$6,283
Jun 201801,55060.183.08$4,769
May 201801,41765.382.90$4,110
Apr 201801,46363.842.90$4,244
Mar 201802,17161.222.79$6,050
Feb 2018081661.782.77$2,257
Jan 201801,68662.874.01$6,760
Dec 201701,98657.272.92$5,802
Nov 201702,07255.423.12$6,461
Oct 201702,16749.292.98$6,466
Sep 201702,25447.523.09$6,959
Aug 201702,34245.373.00$7,036
Jul 201702,43743.873.09$7,524
Jun 201702,06042.493.09$6,360
May 201702,00345.373.26$6,537
Apr 201701,91847.933.21$6,160
Mar 20170046.772.98$0
Feb 201702,38350.452.95$7,036
Jan 201703,19549.413.42$10,923
Dec 201604,29048.763.72$15,971
Nov 201603,85542.492.64$10,194
Oct 201603,44146.193.09$10,634
Sep 201602,92141.553.10$9,057
Aug 201603,54841.442.92$10,376
Jul 201604,11141.622.92$12,022
Jun 201603,01045.352.69$8,084
May 201603,40142.521.99$6,772
Apr 201602,87336.561.99$5,720
Mar 201602,36033.011.79$4,234
Feb 201602,68326.472.06$5,537
Jan 201601,74327.352.36$4,121
Dec 201503,05632.362.00$6,116
Nov 201503,32638.792.17$7,209
Oct 201503,05643.552.43$7,416
Sep 201503,44942.992.76$9,514
Aug 201504,70440.162.87$13,512
Jul 201503,89348.152.95$11,465
Jun 201503,80556.152.88$10,969
May 201504,08755.212.96$12,079
Apr 201504,12449.822.71$11,162
Mar 201503,94742.892.93$11,583
Feb 201503,62344.662.98$10,783
Jan 201504,57143.433.10$14,173
Dec 201403,89754.693.59$13,996
Nov 201404,23270.464.25$17,994
Oct 201405,11578.303.90$19,953
Sep 201404,01086.164.05$16,222
Aug 201403,76289.394.04$15,180
Jul 201404,39496.564.18$18,365
Jun 201404,22598.164.74$20,013
May 201405,38194.734.73$25,434
Apr 201403,83695.944.81$18,448
Mar 201404,56095.895.06$23,059
Feb 201404,09897.406.19$25,375
Jan 201404,34590.404.86$21,120
Dec 201304,41891.824.35$19,238
Nov 201304,44388.853.74$16,609
Oct 201304,87697.423.78$18,428
Sep 201304,738104.113.72$17,615
Aug 201305,863104.253.52$20,653
Jul 201305,424102.523.72$20,165
Jun 201305,14994.403.93$20,253
May 201305,50794.834.15$22,849
Apr 201305,00393.964.28$21,426
Mar 201305,93393.623.91$23,215
Feb 20131596,14791.233.42$35,528
Jan 201306,24991.603.42$21,371
Dec 201206,09986.773.42$20,860
Nov 201206,86386.953.62$24,878
Oct 201204,61089.383.40$15,673
Sep 201206,19594.672.92$18,079
Aug 201207,01492.662.91$20,398
Jul 201207,50085.133.02$22,656
Jun 201207,57079.822.52$19,069
May 201207,88891.612.49$19,628
Apr 201207,281101.652.00$14,539
Mar 201216,903105.052.22$15,444
Feb 201202,686101.102.57$6,904
Jan 201204,02198.092.73$10,994
Dec 201116,87796.873.24$22,377
Nov 201126,99995.723.31$23,367
Oct 2011010,87984.983.65$39,692
Sep 2011010,39283.623.99$41,420
Aug 201109,26383.404.15$38,435
Jul 201104,98394.144.52$22,509
Jun 201104,40492.904.64$20,434
May 201106,64598.134.40$29,270
Apr 201107,237105.964.33$31,360
Mar 201104,63496.364.06$18,802
Feb 201106,64385.644.18$27,768
Jan 2011010,21686.504.59$46,879
Dec 2010010,71085.734.35$46,564
Nov 2010010,03980.843.80$38,101
Oct 201009,55178.103.51$33,513
Sep 201017910,49172.633.98$54,749
Aug 2010012,00673.684.42$53,059
Jul 2010015,77772.554.74$74,728
Jun 2010014,89770.364.91$73,150
May 2010011,15471.124.24$47,240
Apr 2010014,11981.694.12$58,208
Mar 2010017,17978.394.39$75,393
Feb 2010014,53873.585.44$79,121
Jan 2010019,32074.365.96$115,226
Dec 2009019,29471.445.48$105,803
Nov 2009022,97474.593.75$86,187
Oct 2009024,21772.544.11$99,538
Sep 2009030,20865.543.06$92,580
Aug 2009031,67967.423.22$101,959
Jul 2009032,35561.133.46$112,094
Jun 2009012,69966.163.90$49,463
May 2009018,23554.743.93$71,586
Apr 20091625,31146.773.59$91,552
Mar 20092132,77242.144.06$133,906
Feb 20091745,49732.814.63$211,345
Jan 20095565,30435.865.37$352,720
Dec 2008066,59937.105.98$398,072
Nov 2008020,34855.496.86$139,595

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                2,093 Mcf  × $  3.05 =     $6,375

────────────────────────────────────────────────────
Month total                                   $6,375

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/248711 is the state's own key, not one this site invented.