BAILEY, T. G. UNIT

Operated by APEX NATURAL GAS, LLC (P-5 103154) in the CARTHAGE (HAYNESVILLE SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 267154District 06Field 16032300GasSave
Value, all time
$33.6 M
Jun 2012 – May 2026
Value, last 12 filed months
$407 k
at the published price for each month
Months reported
168
no gaps in the span
Streams
1
gas

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
GasProduction9,440,615 Mcf$33,584,169
Total$33,584,169

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 31.4513, -94.3985. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.45130, -94.39850 · 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
14,467 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 14,467 ft.

Completions filed
Jun 2012
1 of 1 wells

1 well

42-347333091H14,467 ftJun 2012

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 (168)

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

168 months

May 202626,572106.413.05$80,934
Apr 202622,93798.932.87$65,823
Mar 20264,74889.753.15$14,954
Feb 20265,92563.503.75$22,221
Jan 20266,97059.138.00$55,746
Dec 20257,09256.664.41$31,300
Nov 20256,72058.593.93$26,386
Oct 20257,01259.383.30$23,174
Sep 20257,10562.743.08$21,862
Aug 20257,17763.933.01$21,637
Jul 20257,50066.743.32$24,864
Jun 20255,78166.483.13$18,087
May 20256,80060.553.23$21,980
Apr 20257,04662.363.54$24,965
Mar 20256,62867.704.27$28,290
Feb 20257,37470.884.34$32,009
Jan 20257,32574.324.28$31,341
Dec 20247,69468.993.12$24,016
Nov 20247,92969.052.20$17,431
Oct 20248,13971.372.28$18,568
Sep 20246,92769.612.36$16,378
Aug 20248,87175.632.06$18,306
Jul 20249,30679.932.15$19,976
Jun 20248,05278.082.63$21,209
May 20248,16678.812.20$17,952
Apr 20249,48484.451.66$15,736
Mar 202410,00180.301.55$15,453
Feb 202410,88276.091.78$19,410
Jan 202411,41273.023.30$37,633
Dec 202313,20871.262.61$34,482
Nov 202314,06377.892.81$39,483
Oct 202313,54485.443.09$41,814
Sep 202314,30989.042.74$39,136
Aug 202317,01680.522.67$45,482
Jul 202317,70274.852.64$46,765
Jun 202318,00968.962.26$40,673
May 202321,23570.622.23$47,299
Apr 202323,51778.122.24$52,625
Mar 202326,83172.852.39$64,211
Feb 202329,21075.112.47$72,023
Jan 202339,32276.533.39$133,212
Dec 202242,97876.415.73$246,224
Nov 202247,02985.005.65$265,535
Oct 202255,79987.185.86$327,192
Sep 202253,86684.888.16$439,745
Aug 202262,57594.529.13$571,132
Jul 202210,645101.587.54$80,285
Jun 20220115.097.98$0
May 20227,606109.378.43$64,142
Apr 202212,691104.226.84$86,776
Mar 202213,498108.885.08$68,521
Feb 202211,75891.054.86$57,130
Jan 202214,05581.844.54$63,777
Dec 202113,87971.323.90$54,116
Nov 202113,10677.435.24$68,634
Oct 202114,15979.795.71$80,903
Sep 202114,33369.865.35$76,695
Aug 202114,75666.024.22$62,279
Jul 202114,25370.783.98$56,757
Jun 202113,31469.493.38$45,010
May 202115,07863.483.02$45,500
Apr 202114,26060.362.76$39,335
Mar 202114,37361.302.72$39,051
Feb 202111,55757.805.55$64,118
Jan 202114,30650.412.81$40,204
Dec 202015,23244.642.68$40,753
Nov 202014,42038.772.71$39,029
Oct 202017,01936.972.48$42,180
Sep 202012,79337.091.99$25,471
Aug 202016,00139.982.39$38,164
Jul 202015,99838.371.83$29,198
Jun 202017,24634.901.69$29,151
May 202015,56516.921.81$28,247
Apr 202015,56514.751.80$28,085
Mar 202015,90230.341.86$29,518
Feb 202015,62849.881.98$30,954
Jan 202017,13657.252.09$35,895
Dec 201917,68359.012.30$40,748
Nov 201917,40955.302.75$47,887
Oct 201919,45953.472.42$47,062
Sep 201919,05055.052.66$50,621
Aug 201917,84453.112.30$41,119
Jul 201920,25156.272.46$49,819
Jun 201918,96952.782.49$47,256
May 201920,56358.482.74$56,349
Apr 201920,19862.632.75$55,559
Mar 201922,51356.803.06$68,937
Feb 201919,72350.852.79$55,071
Jan 201920,91246.033.23$67,508
Dec 201819,41846.594.19$81,273
Nov 201818,94852.934.24$80,287
Oct 201815,99861.443.40$54,362
Sep 201816,96759.543.11$52,733
Aug 201818,54559.403.07$56,869
Jul 201819,50265.142.93$57,178
Jun 201818,84960.183.08$57,997
May 201819,54865.382.90$56,705
Apr 201819,51763.842.90$56,615
Mar 201819,81661.222.79$55,224
Feb 201817,87561.782.77$49,444
Jan 201822,92762.874.01$91,922
Dec 201716,40757.272.92$47,933
Nov 201720,90255.423.12$65,180
Oct 201721,82249.292.98$65,110
Sep 201722,08447.523.09$68,179
Aug 201723,54845.373.00$70,748
Jul 201723,56743.873.09$72,758
Jun 201723,47842.493.09$72,483
May 201725,41745.373.26$82,946
Apr 201724,00847.933.21$77,104
Mar 201726,39046.772.98$78,739
Feb 201724,38550.452.95$71,999
Jan 201727,41649.413.42$93,730
Dec 201627,80348.763.72$103,506
Nov 201627,23642.492.64$72,022
Oct 201628,24646.193.09$87,287
Sep 201630,49341.553.10$94,548
Aug 201629,82841.442.92$87,227
Jul 201630,98141.622.92$90,599
Jun 201630,24445.352.69$81,230
May 201632,64642.521.99$64,999
Apr 201632,15236.561.99$64,016
Mar 201633,72733.011.79$60,507
Feb 201631,61126.472.06$65,233
Jan 201635,72027.352.36$84,455
Dec 201537,17632.362.00$74,404
Nov 201537,28638.792.17$80,811
Oct 201540,64043.552.43$98,616
Sep 201541,17742.992.76$113,583
Aug 201543,83640.162.87$125,918
Jul 201544,99148.152.95$132,502
Jun 201544,30756.152.88$127,731
May 201547,59455.212.96$140,662
Apr 201548,99849.822.71$132,617
Mar 201553,09342.892.93$155,813
Feb 201548,85744.662.98$145,408
Jan 201557,27643.433.10$177,592
Dec 201460,23954.693.59$216,340
Nov 201461,80570.464.25$262,785
Oct 201468,90578.303.90$268,796
Sep 201475,73486.164.05$306,377
Aug 201498,70889.394.04$398,299
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 201441,98594.734.73$198,445
Apr 2014102,28795.944.81$491,910
Mar 2014108,86195.895.06$550,488
Feb 2014107,19297.406.19$663,733
Jan 2014135,12490.404.86$656,800
Dec 2013147,26591.824.35$641,263
Nov 2013157,19888.853.74$587,650
Oct 2013185,59597.423.78$701,430
Sep 2013191,896104.113.72$713,419
Aug 2013228,765104.253.52$805,850
Jul 2013253,487102.523.72$942,399
Jun 2013263,41194.403.93$1,036,103
May 2013297,05094.834.15$1,232,484
Apr 2013311,05793.964.28$1,332,130
Mar 2013347,42493.623.91$1,359,425
Feb 2013328,53991.233.42$1,123,574
Jan 2013392,00891.603.42$1,340,632
Dec 2012401,46486.773.42$1,373,071
Nov 2012374,42386.953.62$1,357,268
Oct 2012336,29089.383.40$1,143,278
Sep 2012431,57094.672.92$1,259,494
Aug 2012462,23092.662.91$1,344,239
Jul 2012453,46685.133.02$1,369,830
Jun 2012164,89179.822.52$415,367

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
Gas               26,572 Mcf  × $  3.05 =    $80,934

────────────────────────────────────────────────────
Month total                                  $80,934

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. 06/G/267154 is the state's own key, not one this site invented.