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 258857District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Jul 2010 – May 2026
Value, last 12 filed months
$95 k
at the published price for each month
Months reported
191
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 Gas112011-02-28201469
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
CondensateDisposition495 bbl$26,212
GasProduction1,088,398 Mcf$3,887,335
Total$3,913,547

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 31.4704, -96.2266. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47045, -96.22664 · 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
13,170 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 13,170 ft.

Completions filed
Jul 2010
1 of 1 wells

1 well

42-161341371513,170 ftJul 2010

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 (191)

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

191 months

May 202602,436106.413.05$7,420
Apr 202602,08398.932.87$5,978
Mar 202602,11489.753.15$6,658
Feb 202601,54263.503.75$5,783
Jan 202602,00759.138.00$16,052
Dec 202502,14856.664.41$9,480
Nov 202502,27258.593.93$8,921
Oct 202502,35959.383.30$7,796
Sep 202502,11962.743.08$6,520
Aug 202502,04163.933.01$6,153
Jul 202502,30266.743.32$7,632
Jun 202502,05066.483.13$6,414
May 202502,07860.553.23$6,717
Apr 202501,87562.363.54$6,643
Mar 202501,91467.704.27$8,170
Feb 202501,65370.884.34$7,175
Jan 202501,98974.324.28$8,510
Dec 202402,12268.993.12$6,624
Nov 202401,96769.052.20$4,324
Oct 202402,34471.372.28$5,348
Sep 202402,16269.612.36$5,112
Aug 202402,18575.632.06$4,509
Jul 202402,27179.932.15$4,875
Jun 202402,37378.082.63$6,250
May 202402,78778.812.20$6,127
Apr 202401,18884.451.66$1,971
Mar 202401,25480.301.55$1,938
Feb 202401,32176.091.78$2,356
Jan 202402,07473.023.30$6,839
Dec 202302,71971.262.61$7,099
Nov 202301,81577.892.81$5,096
Oct 202301,86185.443.09$5,745
Sep 202301,85989.042.74$5,084
Aug 202302,89780.522.67$7,743
Jul 202302,06274.852.64$5,447
Jun 202302,23568.962.26$5,048
May 202302,28270.622.23$5,083
Apr 202302,12378.122.24$4,751
Mar 202302,45972.852.39$5,885
Feb 202302,44175.112.47$6,019
Jan 202302,74176.533.39$9,286
Dec 202212,15476.415.73$12,417
Nov 202212,85785.005.65$16,216
Oct 202213,00987.185.86$17,731
Sep 202212,82584.888.16$23,147
Aug 202223,05194.529.13$28,036
Jul 202223,013101.587.54$22,927
Jun 202223,045115.097.98$24,521
May 202223,063109.378.43$26,049
Apr 202203,233104.226.84$22,106
Mar 202233,259108.885.08$16,871
Feb 202212,76191.054.86$13,506
Jan 202263,08581.844.54$14,490
Dec 202133,06671.323.90$12,169
Nov 202173,45277.435.24$18,620
Oct 202153,60279.795.71$20,980
Sep 202143,49269.865.35$18,965
Aug 202163,66566.024.22$15,865
Jul 202173,73470.783.98$15,365
Jun 202193,71169.493.38$13,171
May 202193,86063.483.02$12,220
Apr 202133,70060.362.76$10,387
Mar 202183,64761.302.72$10,399
Feb 202183,23357.805.55$18,399
Jan 202143,79750.412.81$10,872
Dec 202053,75244.642.68$10,262
Nov 202063,71638.772.71$10,290
Oct 202083,91036.972.48$9,986
Sep 2020113,89537.091.99$8,163
Aug 202033,12439.982.39$7,571
Jul 2020123,65538.371.83$7,131
Jun 2020183,83034.901.69$7,102
May 202014,04616.921.81$7,359
Apr 2020173,84214.751.80$7,183
Mar 2020343,98730.341.86$8,432
Feb 2020243,94649.881.98$9,013
Jan 202004,11457.252.09$8,618
Dec 201904,35859.012.30$10,042
Nov 201914,28355.302.75$11,837
Oct 201904,60153.472.42$11,128
Sep 201924,45855.052.66$11,956
Aug 201944,61953.112.30$10,856
Jul 201934,73956.272.46$11,827
Jun 201953,92052.782.49$10,029
May 201954,41358.482.74$12,385
Apr 201984,35662.632.75$12,483
Mar 201994,48556.803.06$14,245
Feb 201974,10150.852.79$11,807
Jan 2019174,59146.033.23$15,603
Dec 201874,63546.594.19$19,726
Nov 201844,57452.934.24$19,593
Oct 201854,98361.443.40$17,240
Sep 201825,02159.543.11$15,724
Aug 201815,27759.403.07$16,242
Jul 2018133,99265.142.93$12,551
Jun 2018233,85860.183.08$13,255
May 201811,01565.382.90$3,010
Apr 201812,05063.842.90$6,010
Mar 201812,14761.222.79$6,045
Feb 201811,87761.782.77$5,254
Jan 201812,08962.874.01$8,438
Dec 201712,19457.272.92$6,467
Nov 201712,65655.423.12$8,338
Oct 201722,51349.292.98$7,597
Sep 201712,65247.523.09$8,235
Aug 201713,19245.373.00$9,635
Jul 201733,81243.873.09$11,900
Jun 201704,16742.493.09$12,865
May 201705,06445.373.26$16,526
Apr 201704,02447.933.21$12,923
Mar 2017953,34746.772.98$14,430
Feb 201702,86150.452.95$8,447
Jan 201703,08749.413.42$10,554
Dec 201603,31548.763.72$12,341
Nov 201603,81842.492.64$10,096
Oct 201604,16146.193.09$12,859
Sep 201604,05741.553.10$12,579
Aug 201603,67341.442.92$10,741
Jul 201603,84641.622.92$11,247
Jun 201604,39345.352.69$11,799
May 201605,28642.521.99$10,525
Apr 201605,26036.561.99$10,473
Mar 201605,65933.011.79$10,152
Feb 201604,84126.472.06$9,990
Jan 201605,15627.352.36$12,191
Dec 201505,24632.362.00$10,499
Nov 201505,11038.792.17$11,075
Oct 201505,30843.552.43$12,880
Sep 201505,25542.992.76$14,496
Aug 201505,53240.162.87$15,891
Jul 201505,49048.152.95$16,168
Jun 201505,82356.152.88$16,787
May 201505,59555.212.96$16,536
Apr 201506,07549.822.71$16,442
Mar 201505,37442.892.93$15,771
Feb 201505,45844.662.98$16,244
Jan 201506,29343.433.10$19,512
Dec 201405,77654.693.59$20,744
Nov 201405,85470.464.25$24,890
Oct 201406,26878.303.90$24,451
Sep 201406,20286.164.05$25,090
Aug 201406,47889.394.04$26,140
Jul 201406,58096.564.18$27,502
Jun 201406,06798.164.74$28,739
May 201406,78194.734.73$32,051
Apr 201406,67995.944.81$32,120
Mar 201406,93995.895.06$35,089
Feb 201405,77397.406.19$35,746
Jan 201407,20090.404.86$34,997
Dec 201307,38991.824.35$32,175
Nov 201307,26188.853.74$27,144
Oct 201307,77197.423.78$29,369
Sep 201307,690104.113.72$28,589
Aug 201308,067104.253.52$28,417
Jul 201308,262102.523.72$30,716
Jun 201308,11094.403.93$31,900
May 201308,59594.834.15$35,661
Apr 201308,48093.964.28$36,316
Mar 201308,79793.623.91$34,422
Feb 201308,13691.233.42$27,824
Jan 201309,17991.603.42$31,391
Dec 201209,31886.773.42$31,869
Nov 201209,25286.953.62$33,538
Oct 201209,77689.383.40$33,235
Sep 201209,65394.672.92$28,171
Aug 2012010,21192.662.91$29,695
Jul 2012010,27285.133.02$31,030
Jun 2012010,33679.822.52$26,037
May 2012010,87391.612.49$27,056
Apr 2012010,767101.652.00$21,500
Mar 2012011,574105.052.22$25,718
Feb 2012010,430101.102.57$26,808
Jan 2012012,05398.092.73$32,954
Dec 2011012,49596.873.24$40,481
Nov 2011112,57095.723.31$41,719
Oct 2011013,73184.983.65$50,098
Sep 2011213,74183.623.99$54,936
Aug 2011014,81283.404.15$61,460
Jul 2011015,46194.144.52$69,841
Jun 2011015,83892.904.64$73,486
May 2011017,45598.134.40$76,886
Apr 2011017,901105.964.33$77,570
Mar 2011019,77196.364.06$80,218
Feb 2011018,27985.644.18$76,406
Jan 2011025,36886.504.59$116,408
Dec 2010126,51885.734.35$115,379
Nov 2010021,29180.843.80$80,806
Oct 2010026,86978.103.51$94,280
Sep 2010124,70272.633.98$98,374
Aug 20103027,38873.684.42$123,248
Jul 2010166972.554.74$3,241

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                2,436 Mcf  × $  3.05 =     $7,420

────────────────────────────────────────────────────
Month total                                   $7,420

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/258857 is the state's own key, not one this site invented.