BAILEY '32'

Name: BAILEY '32' lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by INDEPENDENCE RESOURCES MGMT, LLC (P-5 423716) in the BARBEE-Q- (SPRABERRY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32995District 08Field 05627500OilCasinghead gasSave Export

Value, all time

$2.5 M

Jan 1993 – Jun 2020

Value, last 12 filed months

$92 k

at the published price for each month

Months reported

330

no gaps in the span

Streams

oil, casinghead gas

The BARBEE-Q- (SPRABERRY) field

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 4 leases and 5 wells, and the rule below applies to all of them.

Discovered

1985-09-02

as the register files it

Field class

Oil

the register's own label

Between wells

—

no field rule filed

From a lease line

—

no field rule filed

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.

Stream	Basis	Volume	Value
Oil	Disposition	80,584 bbl	$2,418,062
Casinghead gas	Production	24,925 Mcf	$72,028
Total			$2,490,090

5,019 Mcf of this lease's gas, across 48 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 (2)

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 31.5883, -101.1516. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

31.58832, -101.15160 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

2 of 2 wells

With a plug date

50.0%

1 of 2 wells

Median depth

5,394 ft

2 wells filed one

Completion to plug

21.4 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

150.0%

BothOn the schedule and plugged. Neither fact cancels the other.

150.0%

NeitherNo plug date, and not on the schedule.

00.0%

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

Between 5,350 and 5,437 ft, median 5,394 ft, over the 2 wells that filed a depth.

Completions filed

Jan 1991 – Nov 1991

2 of 2 wells

Plug dates filed

Apr 2013

1 of 2 wells; 1 filed none

Last completion to plug: a median of 21.4 years across the 1 well that filed both dates, with the middle half between 21.4 years and 21.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-43132278	3S	5,437 ft	Nov 1991	Apr 2013	Yes
42-43132181	1S	5,350 ft	Jan 1991	—	Yes

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 (330)

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

330 months


Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	311	53	49.88	1.98	$15,618
Jan 2020	189	62	57.25	2.09	$10,950
Dec 2019	195	65	59.01	2.30	$11,657
Nov 2019	196	65	55.30	2.75	$11,018
Oct 2019	194	66	53.47	2.42	$10,533
Sep 2019	214	70	55.05	2.66	$11,967
Aug 2019	196	67	53.11	2.30	$10,564
Jul 2019	167	42	56.27	2.46	$9,500
Jun 2019	199	28	52.78	2.49	$10,573
May 2019	242	36	58.48	2.74	$14,251
Apr 2019	99	24	62.63	2.75	$6,266
Mar 2019	12	10	56.80	3.06	$712
Feb 2019	1	5	50.85	2.79	$65
Jan 2019	0	0	46.03	3.23	$0
Dec 2018	0	0	46.59	4.19	$0
Nov 2018	46	0	52.93	4.24	$2,435
Oct 2018	93	0	61.44	3.40	$5,714
Sep 2018	274	3	59.54	3.11	$16,323
Aug 2018	162	6	59.40	3.07	$9,641
Jul 2018	0	12	65.14	2.93	$35
Jun 2018	0	0	60.18	3.08	$0
May 2018	39	0	65.38	2.90	$2,550
Apr 2018	48	39	63.84	2.90	$3,177
Mar 2018	210	41	61.22	2.79	$12,970
Feb 2018	78	77	61.78	2.77	$5,032
Jan 2018	188	88	62.87	4.01	$12,172
Dec 2017	108	52	57.27	2.92	$6,337
Nov 2017	54	34	55.42	3.12	$3,099
Oct 2017	59	28	49.29	2.98	$2,992
Sep 2017	48	1	47.52	3.09	$2,284
Aug 2017	54	44	45.37	3.00	$2,582
Jul 2017	142	101	43.87	3.09	$6,541
Jun 2017	2	12	42.49	3.09	$122
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	3	47.93	3.21	$10
Mar 2017	17	0	46.77	2.98	$795
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	7	0	27.35	2.36	$191
Dec 2015	90	1	32.36	2.00	$2,914
Nov 2015	256	25	38.79	2.17	$9,984
Oct 2015	289	43	43.55	2.43	$12,690
Sep 2015	170	51	42.99	2.76	$7,449
Aug 2015	189	53	40.16	2.87	$7,742
Jul 2015	190	61	48.15	2.95	$9,328
Jun 2015	197	53	56.15	2.88	$11,214
May 2015	95	48	55.21	2.96	$5,387
Apr 2015	197	51	49.82	2.71	$9,953
Mar 2015	407	47	42.89	2.93	$17,594
Feb 2015	0	42	44.66	2.98	$125
Jan 2015	6	6	43.43	3.10	$279
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	9	0	96.56	4.18	$869
Jun 2014	131	2	98.16	4.74	$12,868
May 2014	171	40	94.73	4.73	$16,388
Apr 2014	327	21	95.94	4.81	$31,473
Mar 2014	158	21	95.89	5.06	$15,257
Feb 2014	30	4	97.40	6.19	$2,947
Jan 2014	57	8	90.40	4.86	$5,192
Dec 2013	166	52	91.82	4.35	$15,469
Nov 2013	122	47	88.85	3.74	$11,015
Oct 2013	183	128	97.42	3.78	$18,312
Sep 2013	159	104	104.11	3.72	$16,940
Aug 2013	93	69	104.25	3.52	$9,938
Jul 2013	28	20	102.52	3.72	$2,945
Jun 2013	40	2	94.40	3.93	$3,784
May 2013	127	40	94.83	4.15	$12,209
Apr 2013	189	50	93.96	4.28	$17,973
Mar 2013	137	56	93.62	3.91	$13,045
Feb 2013	178	63	91.23	3.42	$16,454
Jan 2013	151	75	91.60	3.42	$14,088
Dec 2012	198	359	86.77	3.42	$18,408
Nov 2012	200	552	86.95	3.62	$19,391
Oct 2012	123	559	89.38	3.40	$12,894
Sep 2012	212	554	94.67	2.92	$21,687
Aug 2012	137	431	92.66	2.91	$13,948
Jul 2012	129	337	85.13	3.02	$12,000
Jun 2012	93	289	79.82	2.52	$8,151
May 2012	62	103	91.61	2.49	$5,936
Apr 2012	61	9	101.65	2.00	$6,219
Mar 2012	24	11	105.05	2.22	$2,546
Feb 2012	36	14	101.10	2.57	$3,676
Jan 2012	48	12	98.09	2.73	$4,741
Dec 2011	34	10	96.87	3.24	$3,326
Nov 2011	35	10	95.72	3.31	$3,383
Oct 2011	31	12	84.98	3.65	$2,678
Sep 2011	37	12	83.62	3.99	$3,142
Aug 2011	27	2,159	83.40	4.15	$11,210
Jul 2011	17	10	94.14	4.52	$1,646
Jun 2011	11	4	92.90	4.64	$1,040
May 2011	7	4	98.13	4.40	$705
Apr 2011	25	0	105.96	4.33	$2,649
Mar 2011	56	10	96.36	4.06	$5,437
Feb 2011	43	6	85.64	4.18	$3,708
Jan 2011	22	7	86.50	4.59	$1,935
Dec 2010	34	2	85.73	4.35	$2,924
Nov 2010	45	5	80.84	3.80	$3,657
Oct 2010	63	5	78.10	3.51	$4,938
Sep 2010	41	5	72.63	3.98	$2,998
Aug 2010	37	2	73.68	4.42	$2,735
Jul 2010	50	3	72.55	4.74	$3,642
Jun 2010	52	7	70.36	4.91	$3,693
May 2010	72	15	71.12	4.24	$5,184
Apr 2010	62	17	81.69	4.12	$5,135
Mar 2010	71	24	78.39	4.39	$5,671
Feb 2010	51	0	73.58	5.44	$3,753
Jan 2010	105	23	74.36	5.96	$7,945
Dec 2009	93	16	71.44	5.48	$6,732
Nov 2009	141	5	74.59	3.75	$10,536
Oct 2009	99	5	72.54	4.11	$7,202
Sep 2009	27	105	65.54	3.06	$2,091
Aug 2009	30	74	67.42	3.22	$2,261
Jul 2009	39	199	61.13	3.46	$3,074
Jun 2009	65	199	66.16	3.90	$5,076
May 2009	64	215	54.74	3.93	$4,347
Apr 2009	50	200	46.77	3.59	$3,056
Mar 2009	31	182	42.14	4.06	$2,045
Feb 2009	34	149	32.81	4.63	$1,806
Jan 2009	65	183	35.86	5.37	$3,314
Dec 2008	72	184	37.10	5.98	$3,771
Nov 2008	60	161	55.49	6.86	$4,434
Oct 2008	68	163	75.24	6.92	$6,245
Sep 2008	34	154	101.76	7.88	$4,673
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	0	0	131.33	13.03	$0
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	165	0	70.90	6.39	$11,699
Jun 2007	189	0	62.00	7.55	$11,718
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	193	0	55.10	8.22	$10,634
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	192	0	56.65	6.92	$10,877
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	191	0	54.90	6.01	$10,486
Sep 2006	191	0	60.08	5.04	$11,475
Aug 2006	183	0	68.71	7.34	$12,574
Jul 2006	187	31	69.37	6.34	$13,169
Jun 2006	190	7	66.28	6.38	$12,638
May 2006	188	0	66.01	6.42	$12,410
Apr 2006	189	0	64.39	7.36	$12,170
Mar 2006	187	0	56.70	7.08	$10,603
Feb 2006	191	0	57.59	7.75	$11,000
Jan 2006	380	0	60.59	8.93	$23,024
Dec 2005	359	0	54.94	13.42	$19,723
Nov 2005	189	0	54.69	10.59	$10,336
Oct 2005	144	0	58.34	13.80	$8,401
Sep 2005	377	0	61.45	12.08	$23,167
Aug 2005	177	0	61.51	9.80	$10,887
Jul 2005	360	0	55.69	7.84	$20,048
Jun 2005	186	0	52.33	7.38	$9,733
May 2005	353	0	45.22	6.65	$15,963
Apr 2005	183	0	49.20	7.36	$9,004
Mar 2005	362	0	50.37	7.15	$18,234
Feb 2005	187	0	45.22	6.31	$8,456
Jan 2005	366	49	43.16	6.32	$16,106
Dec 2004	179	49	39.86	6.75	$7,466
Nov 2004	181	49	45.28	6.33	$8,506
Oct 2004	361	49	49.70	6.52	$18,261
Sep 2004	370	49	43.24	5.28	$16,258
Aug 2004	370	49	42.37	5.55	$15,949
Jul 2004	368	49	38.28	6.08	$14,385
Jun 2004	0	49	36.10	6.43	$315
May 2004	368	49	37.48	6.49	$14,111
Apr 2004	530	49	34.47	5.86	$18,556
Mar 2004	187	49	34.36	5.53	$6,696
Feb 2004	185	49	32.45	5.51	$6,273
Jan 2004	166	49	32.03	6.30	$5,626
Dec 2003	379	49	30.26	6.30	$11,777
Nov 2003	189	49	28.80	4.60	$5,668
Oct 2003	361	49	28.17	4.76	$10,403
Sep 2003	360	49	26.31	4.75	$9,704
Aug 2003	364	49	29.76	5.13	$11,084
Jul 2003	187	49	29.41	5.17	$5,753
Jun 2003	371	49	28.56	5.98	$10,889
May 2003	183	49	26.59	5.97	$5,159
Apr 2003	386	49	26.67	5.41	$10,560
Mar 2003	366	49	31.14	6.10	$11,696
Feb 2003	186	49	33.48	7.93	$6,616
Jan 2003	364	49	30.31	5.58	$11,306
Dec 2002	366	49	26.91	4.85	$10,087
Nov 2002	368	49	24.66	4.14	$9,278
Oct 2002	365	49	26.46	4.23	$9,865
Sep 2002	183	49	27.44	3.64	$5,200
Aug 2002	182	49	25.96	3.16	$4,880
Jul 2002	181	49	24.58	3.06	$4,599
Jun 2002	358	49	23.73	3.34	$8,659
May 2002	365	49	24.66	3.58	$9,177
Apr 2002	361	49	23.65	3.51	$8,710
Mar 2002	187	49	22.00	3.10	$4,266
Feb 2002	370	49	18.22	2.38	$6,858
Jan 2002	367	132	17.17	2.38	$6,615
Dec 2001	369	132	16.93	2.36	$6,559
Nov 2001	186	128	18.07	2.41	$3,669
Oct 2001	363	132	19.78	2.53	$7,514
Sep 2001	362	128	24.26	2.25	$9,070
Aug 2001	361	132	24.87	3.05	$9,381
Jul 2001	360	132	23.93	3.20	$9,037
Jun 2001	543	128	24.56	3.82	$13,826
May 2001	361	132	25.52	4.31	$9,781
Apr 2001	180	128	24.68	5.34	$5,125
Mar 2001	367	132	24.54	5.38	$9,716
Feb 2001	182	119	27.75	5.77	$5,737
Jan 2001	359	132	27.47	8.40	$10,970
Dec 2000	365	132	26.88	9.12	$11,015
Nov 2000	371	128	32.21	5.66	$12,674
Oct 2000	359	132	31.23	5.15	$11,891
Sep 2000	355	128	31.87	5.19	$11,978
Aug 2000	358	132	29.64	4.54	$11,211
Jul 2000	362	132	28.53	4.09	$10,868
Jun 2000	360	128	29.30	4.40	$11,111
May 2000	356	132	27.26	3.68	$10,190
Apr 2000	363	128	24.51	3.12	$9,296
Mar 2000	363	132	28.42	2.86	$10,694
Feb 2000	363	123	27.62	2.73	$10,361
Jan 2000	362	132	25.27	2.48	$9,475
Dec 1999	367	132	24.28	2.42	$9,231
Nov 1999	364	128	23.19	2.43	$8,753
Oct 1999	359	132	20.98	2.80	$7,902
Sep 1999	361	128	21.75	2.62	$8,187
Aug 1999	535	132	19.26	2.88	$10,684
Jul 1999	358	132	17.89	2.37	$6,718
Jun 1999	359	128	15.94	2.36	$6,025
May 1999	362	132	15.79	2.32	$6,022
Apr 1999	180	128	15.10	2.21	$3,001
Mar 1999	364	132	12.47	1.84	$4,782
Feb 1999	364	119	9.98	1.82	$3,849
Jan 1999	548	132	10.38	1.90	$5,939
Dec 1998	369	132	9.20	1.77	$3,629
Nov 1998	368	128	10.89	2.19	$4,287
Oct 1998	364	132	12.42	1.97	$4,781
Sep 1998	374	128	12.59	2.08	$4,975
Aug 1998	370	132	11.30	1.91	$4,433
Jul 1998	369	132	11.74	2.24	$4,627
Jun 1998	374	128	11.24	2.24	$4,490
May 1998	753	132	12.62	2.21	$9,794
Apr 1998	369	128	13.04	2.51	$5,132
Mar 1998	391	132	12.80	2.31	$5,310
Feb 1998	379	119	13.95	2.30	$5,561
Jan 1998	389	132	14.70	2.15	$6,003
Dec 1997	380	132	16.32	2.41	$6,520
Nov 1997	376	128	18.19	3.09	$7,235
Oct 1997	765	132	19.25	3.15	$15,142
Sep 1997	375	128	17.74	2.95	$7,031
Aug 1997	194	132	17.86	2.55	$3,802
Jul 1997	569	132	17.58	2.25	$10,300
Jun 1997	389	128	17.24	2.26	$6,995
May 1997	961	132	18.97	2.31	$18,535
Apr 1997	380	128	17.88	2.08	$7,061
Mar 1997	0	132	18.95	1.94	$256
Feb 1997	549	119	20.49	2.21	$11,512
Jan 1997	765	132	23.48	3.54	$18,429
Dec 1996	388	132	23.32	—	$9,048
Nov 1996	387	128	21.97	—	$8,502
Oct 1996	775	132	23.31	—	$18,065
Sep 1996	384	128	22.22	—	$8,532
Aug 1996	384	132	20.26	—	$7,780
Jul 1996	769	118	19.55	—	$15,034
Jun 1996	381	115	18.73	—	$7,136
May 1996	384	128	19.43	—	$7,461
Apr 1996	386	123	21.51	—	$8,303
Mar 1996	776	125	19.38	—	$15,039
Feb 1996	398	123	16.98	—	$6,758
Jan 1996	381	131	17.07	—	$6,504
Dec 1995	386	132	17.19	—	$6,635
Nov 1995	753	1	16.00	—	$12,048
Oct 1995	377	1	15.43	—	$5,817
Sep 1995	387	1	16.18	—	$6,262
Aug 1995	760	1	15.92	—	$12,099
Jul 1995	380	1	15.24	—	$5,791
Jun 1995	378	126	16.41	—	$6,203
May 1995	736	130	17.56	—	$12,924
Apr 1995	368	126	17.73	—	$6,525
Mar 1995	765	130	16.44	—	$12,577
Feb 1995	765	118	16.58	—	$12,684
Jan 1995	382	118	15.92	—	$6,081
Dec 1994	757	130	15.03	—	$11,378
Nov 1994	377	126	15.90	—	$5,994
Oct 1994	753	130	15.58	—	$11,732
Sep 1994	368	126	15.29	—	$5,627
Aug 1994	741	130	16.13	—	$11,952
Jul 1994	375	130	17.56	—	$6,585
Jun 1994	747	126	17.09	—	$12,766
May 1994	699	130	15.88	—	$11,100
Apr 1994	548	1	14.14	—	$7,749
Mar 1994	746	130	12.46	—	$9,295
Feb 1994	558	118	12.50	—	$6,975
Jan 1994	752	1	12.66	—	$9,520
Dec 1993	740	124	12.33	—	$9,124
Nov 1993	736	1	14.49	—	$10,665
Oct 1993	370	124	15.85	—	$5,865
Sep 1993	740	120	15.03	—	$11,122
Aug 1993	1,119	124	15.66	—	$17,524
Jul 1993	753	124	15.46	—	$11,641
Jun 1993	741	120	16.79	—	$12,441
May 1993	733	124	17.68	—	$12,959
Apr 1993	719	120	18.05	—	$12,978
Mar 1993	732	124	18.14	—	$13,278
Feb 1993	774	112	17.90	—	$13,855
Jan 1993	971	124	16.93	—	$16,439

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.

Feb 2020 — as filed, then multipliedworked

Oil                  311 bbl  × $ 49.88 =    $15,513
Casinghead gas        53 Mcf  × $  1.98 =       $105

────────────────────────────────────────────────────
Month total                                  $15,618

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/O/32995 is the state's own key, not one this site invented.