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 251700District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.7 M
May 2009 – May 2026
Value, last 12 filed months
$67 k
at the published price for each month
Months reported
205
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 Gas112009-10-28195446
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
CondensateDisposition16 bbl$1,075
GasProduction1,001,681 Mcf$3,678,042
Total$3,679,117

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 31.4701, -96.2391. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47005, -96.23912 · 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
14,320 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 14,320 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-161343841414,320 ftMay 2009

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 (205)

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

205 months

May 202601,980106.413.05$6,031
Apr 202602,02998.932.87$5,823
Mar 202601,49689.753.15$4,712
Feb 202601,37463.503.75$5,153
Jan 202601,62859.138.00$13,021
Dec 202501,76856.664.41$7,803
Nov 202501,75158.593.93$6,875
Oct 202511,43759.383.30$4,808
Sep 202501,24762.743.08$3,837
Aug 2025094163.933.01$2,837
Jul 202501,01766.743.32$3,372
Jun 2025085066.483.13$2,659
May 202501,39260.553.23$4,499
Apr 202502,29562.363.54$8,131
Mar 202512,33467.704.27$10,030
Feb 202502,10970.884.34$9,155
Jan 202502,46774.324.28$10,556
Dec 202402,29468.993.12$7,160
Nov 202402,34069.052.20$5,144
Oct 202402,32871.372.28$5,311
Sep 202402,38169.612.36$5,630
Aug 202402,36075.632.06$4,870
Jul 202401,89579.932.15$4,068
Jun 202401,92778.082.63$5,076
May 202412,02478.812.20$4,528
Apr 202411,99584.451.66$3,395
Mar 202402,03280.301.55$3,140
Feb 202401,93776.091.78$3,455
Jan 202402,11473.023.30$6,971
Dec 202302,34771.262.61$6,127
Nov 202301,99077.892.81$5,587
Oct 202302,17085.443.09$6,699
Sep 202302,30889.042.74$6,312
Aug 202302,04180.522.67$5,455
Jul 202302,19974.852.64$5,809
Jun 202302,29868.962.26$5,190
May 202302,14170.622.23$4,769
Apr 2023099978.122.24$2,236
Mar 202302,15272.852.39$5,150
Feb 202301,76475.112.47$4,349
Jan 202301,17276.533.39$3,970
Dec 202202,32776.415.73$13,332
Nov 202202,64785.005.65$14,945
Oct 202202,41887.185.86$14,179
Sep 202203,25184.888.16$26,540
Aug 202202,95694.529.13$26,980
Jul 202203,625101.587.54$27,340
Jun 202201,498115.097.98$11,950
May 202201,028109.378.43$8,669
Apr 202201,056104.226.84$7,221
Mar 202201,080108.885.08$5,483
Feb 2022098791.054.86$4,796
Jan 202201,08381.844.54$4,914
Dec 202101,09771.323.90$4,277
Nov 202101,08177.435.24$5,661
Oct 202101,11279.795.71$6,354
Sep 202101,07669.865.35$5,758
Aug 202101,00766.024.22$4,250
Jul 202101,17370.783.98$4,671
Jun 202101,09869.493.38$3,712
May 202101,17063.483.02$3,531
Apr 202101,17160.362.76$3,230
Mar 202101,30961.302.72$3,556
Feb 202101,08357.805.55$6,008
Jan 202101,57050.412.81$4,412
Dec 202001,56544.642.68$4,187
Nov 202001,88038.772.71$5,088
Oct 202002,29536.972.48$5,688
Sep 202002,33637.091.99$4,651
Aug 202002,50039.982.39$5,963
Jul 202002,06538.371.83$3,769
Jun 202001,95034.901.69$3,296
May 202001,95216.921.81$3,542
Apr 202001,65214.751.80$2,981
Mar 202001,50930.341.86$2,801
Feb 202001,36549.881.98$2,704
Jan 202002,12357.252.09$4,447
Dec 201902,32159.012.30$5,348
Nov 201901,43455.302.75$3,945
Oct 201903,25153.472.42$7,863
Sep 201903,36655.052.66$8,944
Aug 201901,84753.112.30$4,256
Jul 201904,19656.272.46$10,322
Jun 201903,94852.782.49$9,835
May 201902,79358.482.74$7,654
Apr 201902,75662.632.75$7,581
Mar 201903,32756.803.06$10,188
Feb 201903,34450.852.79$9,337
Jan 201903,82946.033.23$12,361
Dec 201804,03046.594.19$16,867
Nov 201802,53252.934.24$10,729
Oct 201803,39161.443.40$11,523
Sep 201803,38059.543.11$10,505
Aug 201803,41259.403.07$10,463
Jul 201804,66065.142.93$13,663
Jun 201804,49560.183.08$13,831
May 201804,46065.382.90$12,938
Apr 201804,26963.842.90$12,384
Mar 201804,28261.222.79$11,933
Feb 201803,48161.782.77$9,629
Jan 201803,99162.874.01$16,001
Dec 201704,09557.272.92$11,964
Nov 201703,62355.423.12$11,298
Oct 201704,07649.292.98$12,161
Sep 201703,91847.523.09$12,096
Aug 201703,50345.373.00$10,524
Jul 201703,68243.873.09$11,367
Jun 201704,35442.493.09$13,442
May 201703,18145.373.26$10,381
Apr 201706,15147.933.21$19,755
Mar 201703,93946.772.98$11,753
Feb 201702,33350.452.95$6,888
Jan 201703,21349.413.42$10,985
Dec 201605,53648.763.72$20,610
Nov 201602,99542.492.64$7,920
Oct 201602,57446.193.09$7,954
Sep 201602,11041.553.10$6,542
Aug 201602,92141.442.92$8,542
Jul 201602,57941.622.92$7,542
Jun 201602,29045.352.69$6,151
May 201604,76342.521.99$9,483
Apr 201604,03336.561.99$8,030
Mar 201604,73833.011.79$8,500
Feb 201604,51426.472.06$9,315
Jan 201604,81727.352.36$11,389
Dec 201504,75832.362.00$9,523
Nov 201504,46038.792.17$9,666
Oct 201504,75143.552.43$11,529
Sep 201504,77142.992.76$13,160
Aug 201504,81040.162.87$13,817
Jul 201504,87948.152.95$14,369
Jun 201504,38456.152.88$12,638
May 201504,81455.212.96$14,228
Apr 201504,83949.822.71$13,097
Mar 201504,75042.892.93$13,940
Feb 201504,88044.662.98$14,524
Jan 201505,84643.433.10$18,126
Dec 201402,60054.693.59$9,338
Nov 201404,50570.464.25$19,155
Oct 201405,41778.303.90$21,132
Sep 201405,31086.164.05$21,481
Aug 201405,51289.394.04$22,242
Jul 201405,06596.564.18$21,170
Jun 201405,08998.164.74$24,106
May 201405,80894.734.73$27,452
Apr 201405,79795.944.81$27,878
Mar 201405,46995.895.06$27,656
Feb 201405,72397.406.19$35,437
Jan 201405,94990.404.86$28,916
Dec 201304,93591.824.35$21,489
Nov 201304,79588.853.74$17,925
Oct 201305,35797.423.78$20,246
Sep 201306,045104.113.72$22,474
Aug 201306,393104.253.52$22,520
Jul 201306,520102.523.72$24,240
Jun 201306,53794.403.93$25,713
May 201306,87994.834.15$28,542
Apr 201306,83893.964.28$29,284
Mar 201306,50893.623.91$25,465
Feb 201305,92491.233.42$20,260
Jan 201307,49691.603.42$25,636
Dec 201206,45186.773.42$22,063
Nov 201207,24386.953.62$26,256
Oct 201207,67089.383.40$26,076
Sep 201207,63594.672.92$22,282
Aug 201208,13092.662.91$23,643
Jul 201207,25685.133.02$21,919
Jun 201207,82379.822.52$19,706
May 201208,01391.612.49$19,939
Apr 201208,080101.652.00$16,134
Mar 201208,282105.052.22$18,403
Feb 201208,397101.102.57$21,582
Jan 201209,29898.092.73$25,421
Dec 201108,88496.873.24$28,782
Nov 201109,20895.723.31$30,490
Oct 201109,93884.983.65$36,259
Sep 201109,80583.623.99$39,081
Aug 2011010,29683.404.15$42,721
Jul 2011010,69794.144.52$48,321
Jun 2011010,62792.904.64$49,308
May 2011011,23798.134.40$49,497
Apr 2011011,194105.964.33$48,507
Mar 2011011,85296.364.06$48,088
Feb 2011010,32385.644.18$43,150
Jan 2011012,05386.504.59$55,309
Dec 2010011,82685.734.35$51,416
Nov 2010011,90080.843.80$45,164
Oct 2010012,92478.103.51$45,349
Sep 2010013,11072.633.98$52,171
Aug 2010013,76173.684.42$60,815
Jul 2010013,86772.554.74$65,681
Jun 2010013,64570.364.91$67,002
May 2010014,18471.124.24$60,072
Apr 2010013,68581.694.12$56,419
Mar 2010013,94078.394.39$61,178
Feb 2010212,24873.585.44$66,805
Jan 2010413,49974.365.96$80,807
Dec 2009013,91771.445.48$76,317
Nov 2009014,60474.593.75$54,787
Oct 2009016,72372.544.11$68,736
Sep 2009019,63165.543.06$60,164
Aug 2009017,23567.423.22$55,471
Jul 200902,43961.133.46$8,450
Jun 2009117,71966.163.90$69,082
May 2009514,86854.743.93$58,642

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                1,980 Mcf  × $  3.05 =     $6,031

────────────────────────────────────────────────────
Month total                                   $6,031

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/251700 is the state's own key, not one this site invented.