BAILEY 16

Operated by P1 ENERGY, LLC (P-5 631633) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 152013District 08Field 852803002 tax incentive programmesCondensateGasSaveExport
Value, all time
$624 k
Nov 1994 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
379
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 16,587 leases and 43,997 wells, and the rule below applies to all of them.

Discovered
1952-12-22
as the register files it
Field class
Oil and 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 80 acres. The field rule took effect on 2018-02-13.

The Commission's schedule remark for this field reads: SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.

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 Gas111995-05-31131861
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
CondensateDisposition3,099 bbl$133,316
GasProduction166,759 Mcf$490,989
Total$624,305

44,852 Mcf of this lease's gas, across 26 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.5906, -101.1977. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.59062, -101.19768 · 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
8,050 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 8,050 ft.

Completions filed
Jul 1994
1 of 1 wells

1 well

42-43132665118,050 ftJul 1994

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 (379)

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

379 months

May 202600106.413.05$0
Apr 202606398.932.87$181
Mar 202606189.753.15$192
Feb 202605663.503.75$210
Jan 202605659.138.00$448
Dec 202506356.664.41$278
Nov 202505858.593.93$228
Oct 202507059.383.30$231
Sep 202506262.743.08$191
Aug 202508263.933.01$247
Jul 202508366.743.32$275
Jun 202508066.483.13$250
May 202508360.553.23$268
Apr 202508062.363.54$283
Mar 202507467.704.27$316
Feb 202506870.884.34$295
Jan 202506574.324.28$278
Dec 202407868.993.12$243
Nov 202408069.052.20$176
Oct 202407071.372.28$160
Sep 202407969.612.36$187
Aug 202408675.632.06$177
Jul 202409279.932.15$197
Jun 202408278.082.63$216
May 202408978.812.20$196
Apr 202409584.451.66$158
Mar 202409480.301.55$145
Feb 202406576.091.78$116
Jan 202407573.023.30$247
Dec 202308971.262.61$232
Nov 202309277.892.81$258
Oct 202309385.443.09$287
Sep 202309389.042.74$254
Aug 2023010380.522.67$275
Jul 2023011774.852.64$309
Jun 2023011168.962.26$251
May 2023011370.622.23$252
Apr 2023011278.122.24$251
Mar 2023011472.852.39$273
Feb 2023010475.112.47$256
Jan 2023011676.533.39$393
Dec 2022010576.415.73$602
Nov 2022010985.005.65$615
Oct 2022012787.185.86$745
Sep 202207184.888.16$580
Aug 202208194.529.13$739
Jul 2022077101.587.54$581
Jun 2022088115.097.98$702
May 20220106109.378.43$894
Apr 20220106104.226.84$725
Mar 20220101108.885.08$513
Feb 202209791.054.86$471
Jan 2022010281.844.54$463
Dec 2021010471.323.90$406
Nov 2021010777.435.24$560
Oct 2021010879.795.71$617
Sep 2021010269.865.35$546
Aug 2021011266.024.22$473
Jul 2021011470.783.98$454
Jun 2021010769.493.38$362
May 2021010563.483.02$317
Apr 2021010860.362.76$298
Mar 2021011461.302.72$310
Feb 202109757.805.55$538
Jan 2021011750.412.81$329
Dec 2020012044.642.68$321
Nov 2020011238.772.71$303
Oct 2020011736.972.48$290
Sep 2020011037.091.99$219
Aug 2020011039.982.39$262
Jul 2020013338.371.83$243
Jun 2020013734.901.69$232
May 2020014116.921.81$256
Apr 2020013614.751.80$245
Mar 2020013730.341.86$254
Feb 2020012749.881.98$252
Jan 2020014857.252.09$310
Dec 2019015859.012.30$364
Nov 2019013955.302.75$382
Oct 2019015953.472.42$385
Sep 2019012955.052.66$343
Aug 2019015353.112.30$353
Jul 2019015656.272.46$384
Jun 2019015352.782.49$381
May 2019016258.482.74$444
Apr 2019015962.632.75$437
Mar 2019016356.803.06$499
Feb 2019018750.852.79$522
Jan 2019015446.033.23$497
Dec 2018017846.594.19$745
Nov 2018014652.934.24$619
Oct 2018016361.443.40$554
Sep 2018015659.543.11$485
Aug 2018016159.403.07$494
Jul 2018013365.142.93$390
Jun 2018012360.183.08$378
May 2018011965.382.90$345
Apr 2018011363.842.90$328
Mar 2018013261.222.79$368
Feb 2018011661.782.77$321
Jan 2018012362.874.01$493
Dec 2017012657.272.92$368
Nov 2017012755.423.12$396
Oct 2017013049.292.98$388
Sep 2017010747.523.09$330
Aug 2017011045.373.00$330
Jul 2017010443.873.09$321
Jun 2017010442.493.09$321
May 2017011845.373.26$385
Apr 2017011047.933.21$353
Mar 20171211046.772.98$889
Feb 201709650.452.95$283
Jan 2017010749.413.42$366
Dec 2016010548.763.72$391
Nov 2016011242.492.64$296
Oct 2016010946.193.09$337
Sep 2016012141.553.10$375
Aug 2016011941.442.92$348
Jul 2016011841.622.92$345
Jun 2016412445.352.69$514
May 2016217042.521.99$424
Apr 2016223936.561.99$549
Mar 2016625633.011.79$657
Feb 2016723826.472.06$676
Jan 2016325227.352.36$678
Dec 2015417032.362.00$470
Nov 2015316738.792.17$478
Oct 2015215343.552.43$458
Sep 2015025242.992.76$695
Aug 2015035640.162.87$1,023
Jul 2015027848.152.95$819
Jun 2015025056.152.88$721
May 2015017055.212.96$502
Apr 2015016549.822.71$447
Mar 2015315542.892.93$584
Feb 2015417444.662.98$697
Jan 2015117043.433.10$571
Dec 2014221954.693.59$896
Nov 2014123570.464.25$1,070
Oct 2014323678.303.90$1,156
Sep 2014220286.164.05$990
Aug 2014324589.394.04$1,257
Jul 2014327896.564.18$1,452
Jun 2014128398.164.74$1,439
May 2014129994.734.73$1,508
Apr 2014223795.944.81$1,332
Mar 2014322595.895.06$1,425
Feb 2014231797.406.19$2,158
Jan 2014547890.404.86$2,775
Dec 2013342691.824.35$2,130
Nov 2013347788.853.74$2,050
Oct 2013750397.423.78$2,583
Sep 20132548104.113.72$2,246
Aug 20133585104.253.52$2,373
Jul 20132538102.523.72$2,205
Jun 2013249894.403.93$2,148
May 2013452794.834.15$2,566
Apr 2013752193.964.28$2,889
Mar 2013857093.623.91$2,979
Feb 2013842391.233.42$2,176
Jan 2013848191.603.42$2,378
Dec 2012843586.773.42$2,182
Nov 2012937586.953.62$2,142
Oct 2012342689.383.40$1,716
Sep 2012545894.672.92$1,810
Aug 2012353292.662.91$1,825
Jul 2012656685.133.02$2,221
Jun 2012961079.822.52$2,255
May 20121071591.612.49$2,695
Apr 20129340101.652.00$1,594
Mar 20128171105.052.22$1,220
Feb 20129130101.102.57$1,244
Jan 2012109798.092.73$1,246
Dec 2011109896.873.24$1,286
Nov 20111010195.723.31$1,292
Oct 2011410484.983.65$719
Sep 2011610083.623.99$900
Aug 2011411583.404.15$811
Jul 20111212594.144.52$1,694
Jun 20111310892.904.64$1,709
May 20111412398.134.40$1,916
Apr 201116118105.964.33$2,207
Mar 20113413696.364.06$3,828
Feb 2011912785.644.18$1,302
Jan 20111513486.504.59$1,912
Dec 20102013985.734.35$2,319
Nov 2010712280.843.80$1,029
Oct 20102415378.103.51$2,411
Sep 20101915072.633.98$1,977
Aug 20101812373.684.42$1,870
Jul 20102114872.554.74$2,225
Jun 20102414570.364.91$2,401
May 20103715971.124.24$3,305
Apr 20102515081.694.12$2,661
Mar 20103716378.394.39$3,616
Feb 20102412973.585.44$2,468
Jan 20103816074.365.96$3,780
Dec 20094315471.445.48$3,916
Nov 20093816274.593.75$3,442
Oct 20097114072.544.11$5,726
Sep 20095314165.543.06$3,906
Aug 20097714867.423.22$5,668
Jul 20094217161.133.46$3,160
Jun 2009116066.163.90$689
May 2009712554.743.93$874
Apr 2009513946.773.59$733
Mar 2009220842.144.06$929
Feb 2009221632.814.63$1,066
Jan 2009235635.865.37$1,984
Dec 2008333237.105.98$2,096
Nov 2008329855.496.86$2,211
Oct 2008323475.246.92$1,845
Sep 20082251101.767.88$2,181
Aug 20082298114.228.48$2,756
Jul 20082110131.0811.39$1,515
Jun 20082100131.3313.03$1,566
May 20081147123.1711.57$1,825
Apr 20080432110.3110.45$4,517
Mar 20080552101.909.66$5,335
Feb 2008049892.538.77$4,368
Jan 2008051790.388.21$4,242
Dec 2007455788.337.30$4,421
Nov 2007761691.677.29$5,133
Oct 2007854782.856.92$4,449
Sep 2007957775.846.24$4,285
Aug 2007860069.066.39$4,385
Jul 2007753370.906.39$3,901
Jun 2007856162.007.55$4,731
May 2007246258.747.85$3,742
Apr 2007038459.617.81$2,997
Mar 2007638056.927.30$3,116
Feb 20071134555.108.22$3,441
Jan 20071147550.306.73$3,749
Dec 2006052156.656.92$3,605
Nov 2006955254.207.62$4,693
Oct 2006764454.906.01$4,257
Sep 2006724260.085.04$1,640
Aug 2006824268.717.34$2,326
Jul 20061227069.376.34$2,545
Jun 2006916766.286.38$1,663
May 2006814866.016.42$1,479
Apr 2006014364.397.36$1,053
Mar 2006023556.707.08$1,664
Feb 2006721257.597.75$2,046
Jan 2006223860.598.93$2,247
Dec 2005722554.9413.42$3,403
Nov 2005028354.6910.59$2,997
Oct 20051024358.3413.80$3,936
Sep 20051024561.4512.08$3,574
Aug 20051023861.519.80$2,947
Jul 2005023355.697.84$1,828
Jun 20051424052.337.38$2,504
May 20051126045.226.65$2,227
Apr 2005829549.207.36$2,565
Mar 2005832550.377.15$2,728
Feb 20051241945.226.31$3,187
Jan 20051339343.166.32$3,046
Dec 20041336439.866.75$2,976
Nov 20041371245.286.33$5,096
Oct 2004042249.706.52$2,749
Sep 20041234843.245.28$2,358
Aug 20041337142.375.55$2,610
Jul 20041239438.286.08$2,857
Jun 20041339136.106.43$2,985
May 20041236037.486.49$2,788
Apr 20041238134.475.86$2,646
Mar 20041337334.365.53$2,509
Feb 20041332132.455.51$2,190
Jan 20041338532.036.30$2,842
Dec 2003642530.266.30$2,860
Nov 2003850328.804.60$2,542
Oct 20034028.174.76$113
Sep 2003647326.314.75$2,404
Aug 2003755429.765.13$3,050
Jul 20031852129.415.17$3,223
Jun 20031853628.565.98$3,721
May 20033654626.595.97$4,218
Apr 20031854126.675.41$3,405
Mar 20033660431.146.10$4,803
Feb 20031855233.487.93$4,978
Jan 20033560230.315.58$4,421
Dec 20021637726.914.85$2,260
Nov 20021337224.664.14$1,860
Oct 20021249626.464.23$2,415
Sep 20021049727.443.64$2,081
Aug 20021652825.963.16$2,086
Jul 20021442024.583.06$1,630
Jun 20021140623.733.34$1,616
May 20021141524.663.58$1,759
Apr 20021142023.653.51$1,735
Mar 20021143722.003.10$1,598
Feb 20022139118.222.38$1,312
Jan 20021137917.172.38$1,089
Dec 20012156916.932.36$1,701
Nov 2001957818.072.41$1,553
Oct 20012363319.782.53$2,056
Sep 20011162624.262.25$1,676
Aug 2001955024.873.05$1,903
Jul 20012075023.933.20$2,876
Jun 20011147424.563.82$2,083
May 20011071925.524.31$3,352
Apr 20012152224.685.34$3,303
Mar 20011449024.545.38$2,978
Feb 2001257227.755.77$3,354
Jan 2001663827.478.40$5,523
Dec 2000857126.889.12$5,424
Nov 2000854732.215.66$3,353
Oct 2000358331.235.15$3,094
Sep 20001459031.875.19$3,506
Aug 2000265029.644.54$3,011
Jul 2000161828.534.09$2,556
Jun 2000459329.304.40$2,725
May 2000370727.263.68$2,683
Apr 2000670524.513.12$2,344
Mar 2000866328.422.86$2,123
Feb 2000455927.622.73$1,635
Jan 2000569025.272.48$1,838
Dec 19991177724.282.42$2,150
Nov 19991174123.192.43$2,059
Oct 1999370420.982.80$2,037
Sep 1999163121.752.62$1,674
Aug 1999139219.262.88$1,147
Jul 19991047017.892.37$1,294
Jun 19991657015.942.36$1,601
May 19992165815.792.32$1,859
Apr 19991880715.102.21$2,054
Mar 19991678212.471.84$1,637
Feb 1999186269.981.82$1,318
Jan 19991980210.381.90$1,721
Dec 1998187079.201.77$1,419
Nov 19982773810.892.19$1,907
Oct 19982295312.421.97$2,150
Sep 19981088212.592.08$1,963
Aug 199821,01911.301.91$1,966
Jul 1998087211.742.24$1,951
Jun 1998099411.242.24$2,224
May 199811,68712.622.21$3,735
Apr 1998573813.042.51$1,914
Mar 19981367112.802.31$1,716
Feb 19981382613.952.30$2,080
Jan 1998221,59114.702.15$3,752
Dec 1997291,47816.322.41$4,037
Nov 1997141,34918.193.09$4,421
Oct 1997141,58219.253.15$5,253
Sep 1997231,92417.742.95$6,093
Aug 199782,09817.862.55$5,503
Jul 1997132,21117.582.25$5,197
Jun 199772,39217.242.26$5,520
May 1997162,46218.972.31$5,987
Apr 19971276517.882.08$1,808
Mar 19972364718.951.94$1,690
Feb 19972672320.492.21$2,128
Jan 1997151,30323.483.54$4,964
Dec 1996131,08423.32$303
Nov 19961387921.97$286
Oct 19962893723.31$653
Sep 1996202,05822.22$444
Aug 19963491820.26$689
Jul 1996163,06719.55$313
Jun 19962991918.73$543
May 19965797819.43$1,108
Apr 1996131,05621.51$280
Mar 199681,64019.38$155
Feb 199652,40316.98$85
Jan 1996261,34317.07$444
Dec 1995212,60617.19$361
Nov 19952455516.00$384
Oct 1995211,66615.43$324
Sep 1995221,48316.18$356
Aug 1995221,00815.92$350
Jul 1995211,77015.24$320
Jun 1995102,22016.41$164
May 1995203,26517.56$351
Apr 1995241,53817.73$426
Mar 1995132,99816.44$214
Feb 1995342,66016.58$564
Jan 1995462,77415.92$732
Dec 19944998415.03$736
Nov 1994212,04315.90$334

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   63 Mcf  × $  2.87 =       $181

────────────────────────────────────────────────────
Month total                                     $181

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. 08/G/152013 is the state's own key, not one this site invented.