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 251711District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.9 M
Jun 2009 – May 2026
Value, last 12 filed months
$252 k
at the published price for each month
Months reported
204
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 Gas112009-10-22195323
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
CondensateDisposition1,445 bbl$89,843
GasProduction2,371,260 Mcf$8,809,977
Total$8,899,820

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 31.4591, -96.2456. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45910, -96.24558 · 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
14,335 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 14,335 ft.

Completions filed
Jun 2009
1 of 1 wells

1 well

42-161343201914,335 ftJun 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 (204)

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

204 months

May 202605,645106.413.05$17,194
Apr 202616,61498.932.87$19,079
Mar 202616,59689.753.15$20,863
Feb 202614,85063.503.75$18,253
Jan 202606,82359.138.00$54,570
Dec 202517,93256.664.41$35,063
Nov 202513,24758.593.93$12,808
Oct 202546,83359.383.30$22,819
Sep 202524,79762.743.08$14,885
Aug 202522,47463.933.01$7,586
Jul 202503,34466.743.32$11,086
Jun 202505,76166.483.13$18,025
May 202511,78260.553.23$5,821
Apr 202522,03262.363.54$7,324
Mar 202532,07467.704.27$9,056
Feb 202504,53870.884.34$19,699
Jan 202511,16674.324.28$5,063
Dec 202472,92968.993.12$9,625
Nov 202405,89069.052.20$12,949
Oct 202426,52971.372.28$15,038
Sep 202427,06669.612.36$16,846
Aug 202402,31675.632.06$4,779
Jul 202421,85179.932.15$4,133
Jun 202431,17078.082.63$3,316
May 202433,01378.812.20$6,860
Apr 202444,24784.451.66$7,384
Mar 202402,57380.301.55$3,976
Feb 202404,28076.091.78$7,634
Jan 202413,47573.023.30$11,532
Dec 202302,11271.262.61$5,514
Nov 202302,27777.892.81$6,393
Oct 202301,42685.443.09$4,402
Sep 2023190089.042.74$2,551
Aug 202311,60680.522.67$4,373
Jul 202312,91774.852.64$7,781
Jun 202311,23868.962.26$2,865
May 2023176270.622.23$1,768
Apr 202314,16678.122.24$9,401
Mar 202316,11872.852.39$14,714
Feb 202315,40375.112.47$13,397
Jan 202315,19076.533.39$17,659
Dec 202213,46276.415.73$19,910
Nov 202215,27285.005.65$29,852
Oct 202214,86287.185.86$28,597
Sep 202202,54584.888.16$20,777
Aug 202213,09594.529.13$28,343
Jul 202212,519101.587.54$19,100
Jun 202213,152115.097.98$25,259
May 202213,472109.378.43$29,389
Apr 202233,698104.226.84$25,598
Mar 2022184,193108.885.08$23,245
Feb 202244,60691.054.86$22,744
Jan 2022175,25781.844.54$25,246
Dec 2021105,74771.323.90$23,121
Nov 2021215,60077.435.24$30,952
Oct 2021545,68779.795.71$36,803
Sep 2021136,19169.865.35$34,036
Aug 2021268,19866.024.22$36,317
Jul 2021278,14270.783.98$34,333
Jun 2021266,52169.493.38$23,852
May 2021288,89863.483.02$28,629
Apr 202176,89460.362.76$19,439
Mar 2021103,44961.302.72$9,984
Feb 2021112,76357.805.55$15,965
Jan 202184,24750.412.81$12,339
Dec 2020136,51844.642.68$18,019
Nov 2020198,35038.772.71$23,336
Oct 202037,79536.972.48$19,430
Sep 202035,51737.091.99$11,096
Aug 202014,63039.982.39$11,083
Jul 202044,79938.371.83$8,912
Jun 202033,70034.901.69$6,359
May 202004,78516.921.81$8,684
Apr 2020184,36214.751.80$8,136
Mar 2020335,00330.341.86$10,288
Feb 2020275,51749.881.98$12,274
Jan 202006,03857.252.09$12,648
Dec 201906,43059.012.30$14,817
Nov 201928,25055.302.75$22,804
Oct 201909,66653.472.42$23,378
Sep 201956,60055.052.66$17,813
Aug 201996,58653.112.30$15,655
Jul 201956,20856.272.46$15,553
Jun 2019137,78452.782.49$20,078
May 2019158,28758.482.74$23,586
Apr 2019268,20662.632.75$24,201
Mar 20194110,90756.803.06$35,727
Feb 2019327,93850.852.79$23,792
Jan 2019525,04946.033.23$18,693
Dec 2018215,67946.594.19$24,748
Nov 2018146,17852.934.24$26,919
Oct 2018145,97861.443.40$21,174
Sep 2018186,19359.543.11$20,320
Aug 2018126,57759.403.07$20,882
Jul 2018326,72865.142.93$21,810
Jun 2018215,85460.183.08$19,276
May 2018336,38065.382.90$20,665
Apr 2018156,65563.842.90$20,262
Mar 2018275,79961.222.79$17,814
Feb 2018135,83361.782.77$16,938
Jan 2018165,91062.874.01$24,701
Dec 2017255,95657.272.92$18,832
Nov 2017126,03655.423.12$19,487
Oct 2017255,82449.292.98$18,609
Sep 2017175,40947.523.09$17,507
Aug 2017245,77345.373.00$18,433
Jul 2017276,57143.873.09$21,471
Jun 2017367,00342.493.09$23,150
May 2017366,68645.373.26$23,452
Apr 2017386,82547.933.21$23,741
Mar 2017297,33346.772.98$23,236
Feb 2017406,71450.452.95$21,842
Jan 2017114,90149.413.42$17,299
Dec 2016166,48948.763.72$24,938
Nov 201607,28142.492.64$19,254
Oct 201607,34446.193.09$22,695
Sep 201605,94141.553.10$18,421
Aug 201606,68641.442.92$19,552
Jul 201606,35841.622.92$18,593
Jun 201606,95345.352.69$18,675
May 201605,89542.521.99$11,737
Apr 201607,47336.561.99$14,879
Mar 201606,49033.011.79$11,643
Feb 201606,26326.472.06$12,925
Jan 201607,01227.352.36$16,579
Dec 201506,12832.362.00$12,265
Nov 201507,98238.792.17$17,300
Oct 201508,99543.552.43$21,827
Sep 201509,09142.992.76$25,077
Aug 201508,89240.162.87$25,542
Jul 201508,42048.152.95$24,798
Jun 201509,66956.152.88$27,874
May 201509,01555.212.96$26,643
Apr 201509,84949.822.71$26,657
Mar 2015010,23742.892.93$30,043
Feb 201508,65244.662.98$25,750
Jan 201509,84543.433.10$30,526
Dec 2014010,93854.693.59$39,282
Nov 201408,82370.464.25$37,514
Oct 2014011,31678.303.90$44,143
Sep 2014011,09086.164.05$44,864
Aug 2014013,25589.394.04$53,486
Jul 2014012,62796.564.18$52,776
Jun 2014015,25698.164.74$72,266
May 201417611,24394.734.73$69,813
Apr 2014010,10695.944.81$48,601
Mar 2014011,98395.895.06$60,596
Feb 201407,49997.406.19$46,434
Jan 2014011,66790.404.86$56,710
Dec 2013011,90491.824.35$51,836
Nov 2013012,35588.853.74$46,186
Oct 2013012,99797.423.78$49,120
Sep 2013011,592104.113.72$43,096
Aug 201309,718104.253.52$34,233
Jul 201309,954102.523.72$37,006
Jun 2013010,42794.403.93$41,014
May 2013011,67094.834.15$48,420
Apr 2013014,32093.964.28$61,327
Mar 2013014,88193.623.91$58,227
Feb 2013017,61891.233.42$60,252
Jan 2013024,94891.603.42$85,320
Dec 2012011,68186.773.42$39,951
Nov 2012011,40886.953.62$41,354
Oct 2012012,77189.383.40$43,417
Sep 2012014,66594.672.92$42,798
Aug 2012013,40192.662.91$38,972
Jul 2012012,85185.133.02$38,820
Jun 2012011,17679.822.52$28,153
May 2012011,97591.612.49$29,798
Apr 2012014,850101.652.00$29,652
Mar 2012015,883105.052.22$35,293
Feb 2012014,896101.102.57$38,286
Jan 2012017,82998.092.73$48,746
Dec 2011118,66896.873.24$60,576
Nov 2011119,64695.723.31$65,149
Oct 2011019,96084.983.65$72,825
Sep 2011019,24583.623.99$76,707
Aug 2011022,40583.404.15$92,966
Jul 2011026,09794.144.52$117,886
Jun 2011129,46192.904.64$136,788
May 2011032,04898.134.40$141,166
Apr 2011032,032105.964.33$138,804
Mar 2011136,04096.364.06$146,323
Feb 2011030,43985.644.18$127,234
Jan 2011035,60186.504.59$163,365
Dec 2010011,62685.734.35$50,547
Nov 2010034,40180.843.80$130,563
Oct 2010023,67978.103.51$83,087
Sep 2010027,60172.633.98$109,837
Aug 2010343,05073.684.42$190,474
Jul 2010133,24272.554.74$157,523
Jun 2010237,71070.364.91$185,312
May 2010749,90371.124.24$211,848
Apr 2010854,10081.694.12$223,691
Mar 2010059,72178.394.39$262,096
Feb 2010030,84373.585.44$167,859
Jan 2010026,59774.365.96$158,627
Dec 2009035,26471.445.48$193,379
Nov 2009044,46874.593.75$166,822
Oct 2009056,37772.544.11$231,724
Sep 2009071,52265.543.06$219,197
Aug 2009078,19667.423.22$251,674
Jul 2009082,04461.133.46$284,241
Jun 2009518,58966.163.90$72,735

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                5,645 Mcf  × $  3.05 =    $17,194

────────────────────────────────────────────────────
Month total                                  $17,194

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/251711 is the state's own key, not one this site invented.