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 261147District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
Jul 2010 – May 2026
Value, last 12 filed months
$35 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 Gas112011-11-22204391
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
CondensateDisposition937 bbl$61,685
GasProduction1,268,265 Mcf$4,479,467
Total$4,541,152

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 31.4699, -96.2304. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46985, -96.23043 · 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
13,063 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 13,063 ft.

Completions filed
Jul 2010
1 of 1 wells

1 well

42-161344281013,063 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 202601,380106.413.05$4,203
Apr 2026043098.932.87$1,234
Mar 2026086189.753.15$2,712
Feb 2026047763.503.75$1,789
Jan 2026037759.138.00$3,015
Dec 2025088956.664.41$3,923
Nov 2025086458.593.93$3,392
Oct 2025071859.383.30$2,373
Sep 202501,43662.743.08$4,418
Aug 2025069963.933.01$2,107
Jul 202501,27866.743.32$4,237
Jun 2025054066.483.13$1,690
May 2025052460.553.23$1,694
Apr 2025055962.363.54$1,981
Mar 2025047767.704.27$2,036
Feb 2025048170.884.34$2,088
Jan 2025062674.324.28$2,678
Dec 2024067568.993.12$2,107
Nov 2024073169.052.20$1,607
Oct 2024099671.372.28$2,272
Sep 202401,30469.612.36$3,083
Aug 202402,65975.632.06$5,487
Jul 202401,60279.932.15$3,439
Jun 202401,79878.082.63$4,736
May 202402,91078.812.20$6,397
Apr 202402,83584.451.66$4,704
Mar 202403,29280.301.55$5,087
Feb 202402,64376.091.78$4,714
Jan 202401,87173.023.30$6,170
Dec 202302,77971.262.61$7,255
Nov 202302,50277.892.81$7,025
Oct 202302,20385.443.09$6,801
Sep 202303,44889.042.74$9,430
Aug 202301,57080.522.67$4,196
Jul 202302,12474.852.64$5,611
Jun 2023075868.962.26$1,712
May 2023097070.622.23$2,161
Apr 202302,14878.122.24$4,807
Mar 202301,61072.852.39$3,853
Feb 202301,87375.112.47$4,618
Jan 202301,66276.533.39$5,630
Dec 202282,20576.415.73$13,244
Nov 202282,96785.005.65$17,432
Oct 202241,92487.185.86$11,631
Sep 202263,54684.888.16$29,458
Aug 202231,01494.529.13$9,539
Jul 202282,039101.587.54$16,191
Jun 202292,242115.097.98$18,921
May 202251,334109.378.43$11,797
Apr 202211,520104.226.84$10,497
Mar 2022235,056108.885.08$28,171
Feb 202232,89091.054.86$14,315
Jan 2022164,37881.844.54$21,175
Dec 202163,08071.323.90$12,437
Nov 2021184,38677.435.24$24,363
Oct 202172,63479.795.71$15,609
Sep 202152,49069.865.35$13,673
Aug 202161,73166.024.22$7,702
Jul 2021154,41270.783.98$18,631
Jun 202151,05969.493.38$3,928
May 202182,03263.483.02$6,640
Apr 202121,73260.362.76$4,898
Mar 2021102,59761.302.72$7,669
Feb 2021284,61157.805.55$27,200
Jan 202194,18350.412.81$12,209
Dec 2020103,84644.642.68$10,736
Nov 202031,03238.772.71$2,909
Oct 202041,49936.972.48$3,863
Sep 202071,85037.091.99$3,943
Aug 202063,11539.982.39$7,669
Jul 202051,20038.371.83$2,382
Jun 2020142,19934.901.69$4,206
May 2020096416.921.81$1,749
Apr 2020213,52814.751.80$6,676
Mar 2020182,16030.341.86$4,556
Feb 2020101,68949.881.98$3,844
Jan 202003,00657.252.09$6,297
Dec 201904,62559.012.30$10,658
Nov 201901,88355.302.75$5,180
Oct 201903,64853.472.42$8,823
Sep 201933,52255.052.66$9,524
Aug 201953,91253.112.30$9,280
Jul 201965,53956.272.46$13,964
Jun 201952,27352.782.49$5,926
May 201974,00458.482.74$11,382
Apr 2019113,63762.632.75$10,693
Mar 2019144,24956.803.06$13,806
Feb 2019194,60650.852.79$13,827
Jan 2019514,61146.033.23$17,233
Dec 2018194,38246.594.19$19,226
Nov 2018134,90752.934.24$21,480
Oct 2018165,35661.443.40$19,183
Sep 2018134,21059.543.11$13,859
Aug 201883,95559.403.07$12,603
Jul 2018183,97165.142.93$12,815
Jun 2018133,80560.183.08$12,490
May 2018153,16365.382.90$10,156
Apr 2018145,31363.842.90$16,306
Mar 2018184,47961.222.79$13,584
Feb 201863,31861.782.77$9,549
Jan 201894,64662.874.01$19,193
Dec 2017206,94757.272.92$21,441
Nov 201775,41455.423.12$17,271
Oct 2017165,26749.292.98$16,504
Sep 201795,03847.523.09$15,981
Aug 2017105,38245.373.00$16,623
Jul 201754,23843.873.09$13,303
Jun 201705,78342.493.09$17,854
May 201704,21045.373.26$13,739
Apr 201703,96547.933.21$12,734
Mar 2017455,08646.772.98$17,280
Feb 201705,22350.452.95$15,421
Jan 201704,61649.413.42$15,781
Dec 201606,06748.763.72$22,586
Nov 201606,36042.492.64$16,818
Oct 201606,69246.193.09$20,680
Sep 201607,11541.553.10$22,061
Aug 201607,18941.442.92$21,023
Jul 201607,37041.622.92$21,552
Jun 201607,53645.352.69$20,240
May 201607,31942.521.99$14,572
Apr 201607,35836.561.99$14,650
Mar 201607,38933.011.79$13,256
Feb 201607,00626.472.06$14,458
Jan 201608,51127.352.36$20,123
Dec 201509,05532.362.00$18,123
Nov 201507,35438.792.17$15,939
Oct 201507,39843.552.43$17,952
Sep 201508,67542.992.76$23,929
Aug 201508,20240.162.87$23,560
Jul 201508,57248.152.95$25,245
Jun 201509,23956.152.88$26,635
May 201509,23755.212.96$27,299
Apr 201508,01149.822.71$21,682
Mar 201508,41242.892.93$24,687
Feb 201507,06344.662.98$21,021
Jan 201509,99043.433.10$30,975
Dec 201409,21754.693.59$33,102
Nov 201408,48470.464.25$36,073
Oct 201407,01478.303.90$27,361
Sep 201405,26386.164.05$21,291
Aug 201406,43289.394.04$25,954
Jul 201408,05396.564.18$33,658
Jun 201403,85198.164.74$18,242
May 201403,40994.734.73$16,113
Apr 201404,05895.944.81$19,515
Mar 201405,18895.895.06$26,235
Feb 201405,86097.406.19$36,285
Jan 201408,21390.404.86$39,921
Dec 201308,86291.824.35$38,589
Nov 201308,75188.853.74$32,714
Oct 201309,51397.423.78$35,953
Sep 2013011,177104.113.72$41,553
Aug 2013010,983104.253.52$38,689
Jul 201304,778102.523.72$17,763
Jun 201307,10494.403.93$27,943
May 201308,42794.834.15$34,964
Apr 201307,80593.964.28$33,426
Mar 201309,80893.623.91$38,377
Feb 201308,16991.233.42$27,937
Jan 201309,58591.603.42$32,780
Dec 2012010,19786.773.42$34,875
Nov 2012011,33786.953.62$41,096
Oct 201218612,60489.383.40$59,474
Sep 2012010,23594.672.92$29,870
Aug 2012011,44292.662.91$33,275
Jul 2012012,95785.133.02$39,141
Jun 2012014,26279.822.52$35,927
May 2012015,35391.612.49$38,203
Apr 2012015,505101.652.00$30,960
Mar 2012016,262105.052.22$36,135
Feb 2012013,020101.102.57$33,465
Jan 2012016,08998.092.73$43,989
Dec 2011116,94396.873.24$54,988
Nov 2011117,18695.723.31$57,003
Oct 2011019,15684.983.65$69,891
Sep 2011618,47983.623.99$74,155
Aug 2011019,84083.404.15$82,323
Jul 2011020,80194.144.52$93,963
Jun 2011121,15592.904.64$98,250
May 2011023,46598.134.40$103,359
Apr 2011021,958105.964.33$95,150
Mar 2011120,77196.364.06$84,371
Feb 2011021,20485.644.18$88,632
Jan 2011236,10586.504.59$165,851
Dec 2010236,06685.734.35$156,977
Nov 2010024,19480.843.80$91,824
Oct 2010035,96078.103.51$126,180
Sep 2010338,52372.633.98$153,519
Aug 20102737,99073.684.42$169,881
Jul 201011,17072.554.74$5,614

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                1,380 Mcf  × $  3.05 =     $4,203

────────────────────────────────────────────────────
Month total                                   $4,203

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/261147 is the state's own key, not one this site invented.