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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 292662District 08Field 71052900CondensateGasSave
Value, all time
$24.6 M
Oct 2018 – May 2026
Value, last 12 filed months
$1.8 M
at the published price for each month
Months reported
92
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
CondensateDisposition345,355 bbl$21,280,013
GasProduction996,471 Mcf$3,273,072
Total$24,553,085

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 31.0830, -103.3154. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.08300, -103.31536 · 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
10,529 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 10,529 ft.

Completions filed
Oct 2018
1 of 1 wells

1 well

42-389372864H10,529 ftOct 2018——

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 (92)

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

92 months

May 20261,4974,796106.413.05$173,904
Apr 20261,5734,16398.932.87$167,564
Mar 20261,6827,72389.753.15$175,283
Feb 20261,7747,79263.503.75$141,871
Jan 20261,7238,31559.138.00$168,384
Dec 20252,1588,43356.664.41$159,490
Nov 20251,9666,11058.593.93$139,178
Oct 20252,0284,67159.383.30$135,860
Sep 20251,8925,91062.743.08$136,889
Aug 20252,0877,02463.933.01$154,598
Jul 20252,1095,30066.743.32$158,325
Jun 20251,0061,52266.483.13$71,641
May 2025569060.553.23$34,453
Apr 202598892562.363.54$64,889
Mar 20251,7806,15767.704.27$146,786
Feb 20251,7187,46870.884.34$154,189
Jan 20251,8307,40474.324.28$167,685
Dec 20241,9067,60768.993.12$155,239
Nov 20242,1867,09369.052.20$166,537
Oct 20241,8336,74671.372.28$146,212
Sep 20242,1627,37669.612.36$167,936
Aug 20241,9367,67275.632.06$162,252
Jul 20242,3117,48179.932.15$200,777
Jun 20241,9036,59478.082.63$165,955
May 20242,4057,68178.812.20$206,424
Apr 20242,0407,86484.451.66$185,326
Mar 20242,2228,81880.301.55$192,052
Feb 20242,3478,54876.091.78$193,830
Jan 20242,6327,63573.023.30$217,366
Dec 20232,6608,52871.262.61$211,816
Nov 20231,7877,16477.892.81$159,303
Oct 20231,8205,35985.443.09$172,046
Sep 20231,2846,97189.042.74$133,393
Aug 20231,6976,95780.522.67$155,238
Jul 20231,1156,88574.852.64$101,647
Jun 20231,7127,31568.962.26$134,580
May 20231,9668,29870.622.23$157,322
Apr 20233,0199,02378.122.24$256,036
Mar 20233,2049,68872.852.39$256,596
Feb 20233,6008,50275.112.47$291,359
Jan 20233,41110,73776.533.39$297,418
Dec 20223,76311,16576.415.73$351,496
Nov 20221,8946,64285.005.65$198,492
Oct 20221,9046,78787.185.86$205,788
Sep 20222,1988,04484.888.16$252,235
Aug 20221,9717,34794.529.13$253,356
Jul 20222,0757,349101.587.54$266,205
Jun 20222,8327,947115.097.98$389,330
May 20222,9878,644109.378.43$399,583
Apr 20222,3278,269104.226.84$299,060
Mar 20222,9148,678108.885.08$361,329
Feb 20223,2487,62391.054.86$332,769
Jan 20223,3428,40281.844.54$311,635
Dec 20213,7099,52371.323.90$301,657
Nov 20213,39410,73177.435.24$318,994
Oct 20213,43710,89779.795.71$336,502
Sep 20213,02110,18769.865.35$265,557
Aug 20212,89010,99566.024.22$237,203
Jul 20213,41110,51970.783.98$283,318
Jun 20211,5655,41469.493.38$127,055
May 20213,42510,17463.483.02$248,121
Apr 20211,9096,75460.362.76$133,858
Mar 20212,87510,06961.302.72$203,594
Feb 20212,96812,79757.805.55$242,548
Jan 20213,05816,34150.412.81$200,076
Dec 20203,36817,09144.642.68$196,074
Nov 20202,92915,01238.772.71$154,188
Oct 20203,54718,27336.972.48$176,421
Sep 20203,82316,11037.091.99$173,871
Aug 20203,50618,57839.982.39$184,480
Jul 20204,39616,73338.371.83$199,214
Jun 20204,1078,94534.901.69$158,454
May 2020110216.921.81$202
Apr 20203,70016,02814.751.80$83,496
Mar 20204,36418,99830.341.86$167,668
Feb 20204,97921,54349.881.98$291,022
Jan 20205,21924,72757.252.09$350,584
Dec 20196,70826,45059.012.30$456,789
Nov 20195,78219,06755.302.75$372,192
Oct 20197,40624,62953.472.42$455,565
Sep 20197,91522,99055.052.66$496,812
Aug 20198,31524,82653.112.30$498,818
Jul 20199,37025,59656.272.46$590,218
Jun 20199,97320,84052.782.49$578,292
May 201912,35822,50158.482.74$784,356
Apr 20199,82013,55062.632.75$652,299
Mar 201910,54216,24456.803.06$648,526
Feb 20199,99915,11950.852.79$550,665
Jan 201914,32020,47946.033.23$725,260
Dec 201817,07722,47046.594.19$889,664
Nov 201821,20726,07652.934.24$1,232,977
Oct 20181,9691,94161.443.40$127,571

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         1,497 bbl  × $106.41 =   $159,296
Gas                4,796 Mcf  × $  3.05 =    $14,608

────────────────────────────────────────────────────
Month total                                 $173,904

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/292662 is the state's own key, not one this site invented.