BAILEY

Operated by HALCON OPERATING CO., INC. (P-5 344412) in the PHANTOM (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 292660District 08Field 71052900CondensateGasSave
Value, all time
$26.1 M
Apr 2015 – May 2026
Value, last 12 filed months
$1.2 M
at the published price for each month
Months reported
134
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition427,243 bbl$22,919,958
GasProduction1,028,124 Mcf$3,164,094
Total$26,084,052

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 31.0610, -103.3062. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.06099, -103.30617 · 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
10,289 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 10,289 ft.

Completions filed
Aug 2016
1 of 1 wells

1 well

42-389345982H10,289 ftAug 2016

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 (134)

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

134 months

May 20261,3137,614106.413.05$162,907
Apr 20269597,31998.932.87$115,877
Mar 20261,4419,78789.753.15$160,153
Feb 20261,1497,85163.503.75$102,405
Jan 20268508,52759.138.00$118,459
Dec 20251,0757,04356.664.41$91,993
Nov 20251,3078,59758.593.93$110,333
Oct 20251,3065,47659.383.30$95,648
Sep 20251,7545,90262.743.08$128,206
Aug 20251,0913,50363.933.01$80,308
Jul 202516841366.743.32$12,582
Jun 202513066.483.13$864
May 20251,73310,50560.553.23$138,889
Apr 20251,0468,04962.363.54$93,747
Mar 20251,46110,93867.704.27$145,597
Feb 20251,2246,56470.884.34$115,250
Jan 20259753,88874.324.28$89,098
Dec 20241,2164,41268.993.12$97,663
Nov 20241,2215,23369.052.20$95,814
Oct 20249275,20571.372.28$78,035
Sep 20241,1165,65069.612.36$91,043
Aug 20241,2776,58775.632.06$110,173
Jul 20241,1478,00079.932.15$108,852
Jun 20241,5589,28578.082.63$146,105
May 20241,4109,64278.812.20$132,319
Apr 20241,51110,54984.451.66$145,107
Mar 20241,3949,06980.301.55$125,951
Feb 20241,33313,42076.091.78$125,364
Jan 20241,93113,27173.023.30$184,765
Dec 20231,65413,19771.262.61$152,318
Nov 20231,68013,17077.892.81$167,831
Oct 20231,81414,22185.443.09$198,892
Sep 20232,23613,78489.042.74$236,793
Aug 20231,1954,34580.522.67$107,835
Jul 20231,2522,89274.852.64$101,352
Jun 20231,4095,48168.962.26$109,543
May 20231,3674,47470.622.23$106,503
Apr 20231,3524,58278.122.24$115,872
Mar 20231,9028,49772.852.39$158,895
Feb 20231,3385,45975.112.47$113,957
Jan 20232,0226,54676.533.39$176,920
Dec 20221,5564,10476.415.73$142,406
Nov 20221,2132,90885.005.65$119,524
Oct 20221,2982,74887.185.86$129,273
Sep 20221,5343,15584.888.16$155,962
Aug 20221,2082,71594.529.13$138,960
Jul 20221,4532,994101.587.54$170,177
Jun 20221,3072,413115.097.98$169,672
May 20221,6644,145109.378.43$216,947
Apr 20221,1703,284104.226.84$144,392
Mar 20221,6693,047108.885.08$197,189
Feb 20221,0842,65591.054.86$111,598
Jan 20221,4653,17181.844.54$134,285
Dec 20211,5102,76271.323.90$118,463
Nov 20211,1382,80777.435.24$102,815
Oct 20211,6804,07379.795.71$157,320
Sep 20211,4963,35069.865.35$122,436
Aug 20211,9696,35866.024.22$156,828
Jul 20212,0104,16170.783.98$158,837
Jun 20211,6263,40569.493.38$124,502
May 20211,9833,40863.483.02$136,165
Apr 20211,6822,96760.362.76$109,710
Mar 20211,8052,78361.302.72$118,208
Feb 20212,0482,72057.805.55$133,465
Jan 20211,4692,02750.412.81$79,749
Dec 20207701,11344.642.68$37,351
Nov 20201,7352,77138.772.71$74,766
Oct 20201,6263,11036.972.48$67,821
Sep 20201,2811,89337.091.99$51,281
Aug 20201,6686,16539.982.39$81,391
Jul 20202,1094,11238.371.83$88,427
Jun 20202,0303,13834.901.69$76,151
May 20207591,56316.921.81$15,679
Apr 20201,9233,91214.751.80$35,423
Mar 20202,0165,53030.341.86$71,430
Feb 2020887,11149.881.98$18,474
Jan 20202,4185,54757.252.09$150,050
Dec 20191,8863,72459.012.30$119,874
Nov 20192,2484,92355.302.75$137,856
Oct 20193,72712,42053.472.42$229,321
Sep 20192,2705,25755.052.66$138,933
Aug 20192,2024,74753.112.30$127,887
Jul 20192,5739,28256.272.46$167,617
Jun 20192,7689,43252.782.49$169,592
May 20193,29312,85658.482.74$227,804
Apr 20194,33516,01262.632.75$315,545
Mar 20193,51211,86656.803.06$235,816
Feb 20194,04715,87150.852.79$250,105
Jan 20191,5875,92346.033.23$92,170
Dec 20182,6449,89746.594.19$164,607
Nov 20183,20411,63652.934.24$218,892
Oct 20184,88218,71061.443.40$363,528
Sep 20183,69713,58259.543.11$262,332
Aug 20183,58411,74859.403.07$248,916
Jul 20183,04711,64465.142.93$232,620
Jun 20183,07010,11760.183.08$215,882
May 20184,23613,14765.382.90$315,087
Apr 20183,0169,35163.842.90$219,667
Mar 2018327061.222.79$20,019
Feb 201821130961.782.77$13,890
Jan 201861613062.874.01$39,249
Dec 20171,4814,75557.272.92$98,709
Nov 20175,83715,99855.423.12$373,374
Oct 20173,7466,32849.292.98$203,521
Sep 20175,23813,77347.523.09$291,431
Aug 20176,14626,16645.373.00$357,457
Jul 20177,22717,00543.873.09$369,548
Jun 20177,87814,99442.493.09$381,027
May 20179,67314,01545.373.26$484,601
Apr 20179,70012,48347.933.21$505,011
Mar 20171,7451,85646.772.98$87,151
Feb 20172,8405,60050.452.95$159,813
Jan 20175,8529,02049.413.42$319,985
Dec 20162,1115,16348.763.72$122,153
Nov 20163,7905,35842.492.64$175,206
Oct 20163,8623,76946.193.09$190,033
Sep 20165,7659,58541.553.10$269,255
Aug 2016215041.442.92$8,910
Jul 20162,8041,97541.622.92$122,478
Jun 20162,0354,68745.352.69$104,876
May 20166,4148,59142.521.99$289,828
Apr 20164,2675,25136.561.99$166,456
Mar 20164,9576,56833.011.79$175,414
Feb 20166,4767,97626.472.06$187,879
Jan 20169,86110,93127.352.36$295,543
Dec 20155,0326,26432.362.00$175,372
Nov 20156,6047,98938.792.17$273,484
Oct 201510,78713,70543.552.43$503,030
Sep 201510,86813,64642.992.76$504,857
Aug 201513,51716,45740.162.87$590,115
Jul 201516,25919,79648.152.95$841,172
Jun 201519,73120,35156.152.88$1,166,565
May 201523,97831,77455.212.96$1,417,732
Apr 201523,97830,63949.822.71$1,277,511

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         1,313 bbl  × $106.41 =   $139,716
Gas                7,614 Mcf  × $  3.05 =    $23,191

────────────────────────────────────────────────────
Month total                                 $162,907

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/292660 is the state's own key, not one this site invented.