BAILEY -10-

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 190735District 08Field 85280300CondensateGasSaveExport
Value, all time
$447 k
Jul 2002 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
287
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.

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
CondensateDisposition3,423 bbl$191,819
GasProduction47,270 Mcf$255,110
Total$446,929

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 31.5953, -101.1664. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.59529, -101.16644 · 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
7,960 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 7,960 ft.

Completions filed
Apr 1992
1 of 1 wells

1 well

42-43132337137,960 ftApr 1992

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 (287)

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

287 months

May 202600106.413.05$0
Apr 2026010398.932.87$296
Mar 202608889.753.15$277
Feb 2026010263.503.75$383
Jan 202609259.138.00$736
Dec 2025011456.664.41$503
Nov 2025010958.593.93$428
Oct 202509159.383.30$301
Sep 202508662.743.08$265
Aug 202509263.933.01$277
Jul 2025010666.743.32$351
Jun 202509866.483.13$307
May 202508060.553.23$259
Apr 202507262.363.54$255
Mar 202508767.704.27$371
Feb 202508570.884.34$369
Jan 202508074.324.28$342
Dec 202407868.993.12$243
Nov 202408769.052.20$191
Oct 202409871.372.28$224
Sep 2024010469.612.36$246
Aug 2024011175.632.06$229
Jul 202406579.932.15$140
Jun 202406878.082.63$179
May 202407278.812.20$158
Apr 202407784.451.66$128
Mar 202407980.301.55$122
Feb 202407476.091.78$132
Jan 202408273.023.30$270
Dec 202308071.262.61$209
Nov 202307477.892.81$208
Oct 202307485.443.09$228
Sep 202307589.042.74$205
Aug 2023010580.522.67$281
Jul 202308574.852.64$225
Jun 202308868.962.26$199
May 2023011070.622.23$245
Apr 202309878.122.24$219
Mar 2023010572.852.39$251
Feb 202309375.112.47$229
Jan 2023010276.533.39$346
Dec 202208076.415.73$458
Nov 202218585.005.65$565
Oct 2022010587.185.86$616
Sep 2022012684.888.16$1,029
Aug 202248794.529.13$1,172
Jul 2022087101.587.54$656
Jun 2022488115.097.98$1,162
May 20220101109.378.43$852
Apr 2022769104.226.84$1,201
Mar 2022058108.885.08$294
Feb 2022147591.054.86$1,639
Jan 202208981.844.54$404
Dec 20212811271.323.90$2,434
Nov 2021015277.435.24$796
Oct 20215911479.795.71$5,359
Sep 2021013769.865.35$733
Aug 20218114266.024.22$5,947
Jul 2021012870.783.98$510
Jun 20217312769.493.38$5,502
May 20216713163.483.02$4,648
Apr 2021023160.362.76$637
Mar 20215638761.302.72$4,484
Feb 2021033457.805.55$1,853
Jan 20217534150.412.81$4,739
Dec 20207936044.642.68$4,490
Nov 2020019038.772.71$514
Oct 20204619336.972.48$2,179
Sep 2020421137.091.99$568
Aug 202005239.982.39$124
Jul 202003538.371.83$64
Jun 202003334.901.69$56
May 202003516.921.81$64
Apr 202003414.751.80$61
Mar 202003230.341.86$59
Feb 202002449.881.98$48
Jan 202001557.252.09$31
Dec 201901559.012.30$35
Nov 201901555.302.75$41
Oct 201901553.472.42$36
Sep 201901555.052.66$40
Aug 201901653.112.30$37
Jul 201901656.272.46$39
Jun 201901352.782.49$32
May 201901758.482.74$47
Apr 201901762.632.75$47
Mar 201901456.803.06$43
Feb 201901050.852.79$28
Jan 201901146.033.23$36
Dec 201801146.594.19$46
Nov 201801052.934.24$42
Oct 201801161.443.40$37
Sep 201801059.543.11$31
Aug 201801059.403.07$31
Jul 201811165.142.93$97
Jun 201811060.183.08$91
May 201891165.382.90$620
Apr 2018162663.842.90$1,097
Mar 2018165661.222.79$1,136
Feb 2018265261.782.77$1,750
Jan 2018134562.874.01$998
Dec 2017124457.272.92$816
Nov 2017264355.423.12$1,575
Oct 2017144249.292.98$815
Sep 2017154047.523.09$836
Aug 2017304045.373.00$1,481
Jul 2017214243.873.09$1,051
Jun 2017177542.493.09$954
May 201759545.373.26$537
Apr 201799347.933.21$730
Mar 201799846.772.98$713
Feb 201758550.452.95$503
Jan 201759149.413.42$558
Dec 201699348.763.72$785
Nov 201699542.492.64$634
Oct 201699946.193.09$722
Sep 2016511341.553.10$558
Aug 201697741.442.92$598
Jul 201639441.622.92$400
Jun 2016310845.352.69$426
May 201629742.521.99$278
Apr 2016012336.561.99$245
Mar 20162712233.011.79$1,110
Feb 20163612526.472.06$1,211
Jan 201610415727.352.36$3,216
Dec 20155412932.362.00$2,006
Nov 2015813738.792.17$607
Oct 2015716443.552.43$703
Sep 20154113142.992.76$2,124
Aug 2015429940.162.87$1,971
Jul 20151288348.152.95$6,408
Jun 2015468456.152.88$2,825
May 2015429055.212.96$2,585
Apr 2015618849.822.71$3,277
Mar 2015159842.892.93$931
Feb 201559544.662.98$506
Jan 201534743.433.10$276
Dec 201423954.693.59$249
Nov 201435670.464.25$449
Oct 201453578.303.90$528
Sep 201443086.164.05$466
Aug 201483789.394.04$864
Jul 201436196.564.18$545
Jun 2014510698.164.74$993
May 2014228594.734.73$2,486
Apr 2014184195.944.81$1,924
Mar 201454295.895.06$692
Feb 201413797.406.19$327
Jan 201414390.404.86$299
Dec 201314091.824.35$266
Nov 201305888.853.74$217
Oct 201305497.423.78$204
Sep 2013039104.113.72$145
Aug 2013039104.253.52$137
Jul 2013038102.523.72$141
Jun 201304694.403.93$181
May 201304994.834.15$203
Apr 201308293.964.28$351
Mar 201307693.623.91$297
Feb 201304091.233.42$137
Jan 201304491.603.42$150
Dec 201204086.773.42$137
Nov 201206086.953.62$218
Oct 2012010089.383.40$340
Sep 2012011594.672.92$336
Aug 201208892.662.91$256
Jul 201208185.133.02$245
Jun 20121079.822.52$80
May 201262491.612.49$609
Apr 2012142101.652.00$186
Mar 2012012105.052.22$27
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110195.723.31$3
Oct 20110384.983.65$11
Sep 20110483.623.99$16
Aug 20114783.404.15$363
Jul 201181794.144.52$830
Jun 201161992.904.64$646
May 201131498.134.40$356
Apr 2011613105.964.33$692
Mar 201192096.364.06$948
Feb 201182585.644.18$790
Jan 201142086.504.59$438
Dec 201061685.734.35$584
Nov 201071780.843.80$630
Oct 201091678.103.51$759
Sep 201082072.633.98$661
Aug 201041773.684.42$370
Jul 201041272.554.74$347
Jun 201041170.364.91$335
May 201021471.124.24$202
Apr 201021481.694.12$221
Mar 201071478.394.39$610
Feb 201051273.585.44$433
Jan 201081274.365.96$666
Dec 2009171571.445.48$1,297
Nov 20096623074.593.75$5,786
Oct 20094821172.544.11$4,349
Sep 20093112465.543.06$2,412
Aug 20092812067.423.22$2,274
Jul 20092411361.133.46$1,859
Jun 20091410766.163.90$1,343
May 2009610454.743.93$737
Apr 200927946.773.59$377
Mar 2009107742.144.06$734
Feb 200988632.814.63$661
Jan 2009322335.865.37$1,305
Dec 2008224937.105.98$1,563
Nov 2008230155.496.86$2,176
Oct 2008335575.246.92$2,683
Sep 20083207101.767.88$1,936
Aug 20087205114.228.48$2,539
Jul 20088226131.0811.39$3,623
Jun 20086184131.3313.03$3,186
May 20085217123.1711.57$3,127
Apr 20088133110.3110.45$2,273
Mar 20084143101.909.66$1,790
Feb 20081811392.538.77$2,657
Jan 20084412190.388.21$4,970
Dec 20074710388.337.30$4,904
Nov 2007277091.677.29$2,986
Oct 2007548982.856.92$5,090
Sep 2007383775.846.24$3,113
Aug 2007175869.066.39$1,545
Jul 2007246970.906.39$2,142
Jun 20073110162.007.55$2,684
May 20074716558.747.85$4,055
Apr 2007128159.617.81$1,348
Mar 200703956.927.30$285
Feb 200704855.108.22$394
Jan 200705450.306.73$363
Dec 200605556.656.92$381
Nov 200603354.207.62$251
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 200603968.717.34$286
Jul 200614869.376.34$374
Jun 20061532066.286.38$3,037
May 20062738266.016.42$4,237
Apr 20061629864.397.36$3,224
Mar 20062429156.707.08$3,422
Feb 20063425557.597.75$3,935
Jan 20064029660.598.93$5,068
Dec 20052328154.9413.42$5,033
Nov 20052628654.6910.59$4,450
Oct 20052430358.3413.80$5,580
Sep 20051930561.4512.08$4,852
Aug 20053329561.519.80$4,920
Jul 20053034755.697.84$4,392
Jun 20053539852.337.38$4,769
May 20052539745.226.65$3,771
Apr 20052734549.207.36$3,868
Mar 20053237350.377.15$4,281
Feb 20051367145.226.31$4,823
Jan 20051570643.166.32$5,111
Dec 20041277039.866.75$5,677
Nov 2004281,12945.286.33$8,415
Oct 20041575749.706.52$5,677
Sep 20041575543.245.28$4,638
Aug 20042971742.375.55$5,209
Jul 20046666638.286.08$6,579
Jun 20045867836.106.43$6,455
May 200411366537.486.49$8,554
Apr 20041558534.475.86$3,944
Mar 2004080434.365.53$4,446
Feb 2004171,08432.455.51$6,524
Jan 2004171,11232.036.30$7,550
Dec 2003094130.266.30$5,930
Nov 20031984128.804.60$4,412
Oct 20030028.174.76$0
Sep 2003211,03126.314.75$5,449
Aug 20032281929.765.13$4,856
Jul 2003055129.415.17$2,849
Jun 2003235728.565.98$998
May 2003059526.595.97$3,554
Apr 20032258226.675.41$3,734
Mar 20031971031.146.10$4,920
Feb 20032065033.487.93$5,821
Jan 20031670830.315.58$4,437
Dec 2002078226.914.85$3,796
Nov 20022579224.664.14$3,893
Oct 2002059626.464.23$2,521
Sep 2002759427.443.64$2,351
Aug 2002563125.963.16$2,126
Jul 200201,04824.583.06$3,209

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                  103 Mcf  × $  2.87 =       $296

────────────────────────────────────────────────────
Month total                                     $296

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/190735 is the state's own key, not one this site invented.