BAILEY, E. L.

Name: BAILEY, E. L. 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 SUGG RANCH (CANYON DIST 08) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 33533District 08Field 87018550NGPA filingOilCasinghead gasSave Export

Value, all time

$712 k

Jan 1993 – Feb 2020

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

326

no gaps in the span

Streams

oil, casinghead gas

The SUGG RANCH (CANYON DIST 08) 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 55 leases and 406 wells, and the rule below applies to all of them.

Discovered

1987-05-17

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1991-11-04.

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	16,978 bbl	$383,014
Casinghead gas	Production	270,306 Mcf	$328,985
Total			$711,999

184,583 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 31.5964, -101.1569. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.59643, -101.15690 · 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

0.0%

0 of 2 wells

Median depth

7,930 ft

2 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

2100.0%

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.

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 7,910 and 7,950 ft, median 7,930 ft, over the 2 wells that filed a depth.

Completions filed

Jul 1992 – Dec 2004

2 of 2 wells

2 wells


42-43132500	2	7,950 ft	Dec 2004	—	Yes
42-43132418	1	7,910 ft	Jul 1992	—	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 (326)

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

326 months


Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	0	57.25	2.09	$0
Dec 2019	0	0	59.01	2.30	$0
Nov 2019	0	0	55.30	2.75	$0
Oct 2019	0	0	53.47	2.42	$0
Sep 2019	18	66	55.05	2.66	$1,166
Aug 2019	0	68	53.11	2.30	$157
Jul 2019	8	71	56.27	2.46	$625
Jun 2019	6	78	52.78	2.49	$511
May 2019	6	113	58.48	2.74	$661
Apr 2019	6	110	62.63	2.75	$678
Mar 2019	9	110	56.80	3.06	$848
Feb 2019	9	98	50.85	2.79	$731
Jan 2019	16	107	46.03	3.23	$1,082
Dec 2018	9	106	46.59	4.19	$863
Nov 2018	16	97	52.93	4.24	$1,258
Oct 2018	0	107	61.44	3.40	$364
Sep 2018	5	102	59.54	3.11	$615
Aug 2018	11	104	59.40	3.07	$972
Jul 2018	5	107	65.14	2.93	$639
Jun 2018	6	99	60.18	3.08	$666
May 2018	6	109	65.38	2.90	$708
Apr 2018	5	107	63.84	2.90	$630
Mar 2018	5	112	61.22	2.79	$618
Feb 2018	9	104	61.78	2.77	$844
Jan 2018	4	90	62.87	4.01	$612
Dec 2017	4	89	57.27	2.92	$489
Nov 2017	9	87	55.42	3.12	$770
Oct 2017	5	88	49.29	2.98	$509
Sep 2017	5	87	47.52	3.09	$506
Aug 2017	10	89	45.37	3.00	$721
Jul 2017	5	92	43.87	3.09	$503
Jun 2017	9	110	42.49	3.09	$722
May 2017	5	139	45.37	3.26	$680
Apr 2017	9	137	47.93	3.21	$871
Mar 2017	9	144	46.77	2.98	$851
Feb 2017	5	125	50.45	2.95	$621
Jan 2017	5	133	49.41	3.42	$702
Dec 2016	9	136	48.76	3.72	$945
Nov 2016	9	139	42.49	2.64	$750
Oct 2016	9	146	46.19	3.09	$867
Sep 2016	5	166	41.55	3.10	$722
Aug 2016	9	113	41.44	2.92	$703
Jul 2016	4	124	41.62	2.92	$529
Jun 2016	7	131	45.35	2.69	$669
May 2016	6	96	42.52	1.99	$446
Apr 2016	0	72	36.56	1.99	$143
Mar 2016	7	74	33.01	1.79	$364
Feb 2016	3	80	26.47	2.06	$245
Jan 2016	10	108	27.35	2.36	$529
Dec 2015	11	94	32.36	2.00	$544
Nov 2015	8	44	38.79	2.17	$406
Oct 2015	14	37	43.55	2.43	$699
Sep 2015	8	124	42.99	2.76	$686
Aug 2015	3	102	40.16	2.87	$413
Jul 2015	9	96	48.15	2.95	$716
Jun 2015	3	97	56.15	2.88	$448
May 2015	3	103	55.21	2.96	$470
Apr 2015	6	102	49.82	2.71	$575
Mar 2015	7	112	42.89	2.93	$629
Feb 2015	7	95	44.66	2.98	$595
Jan 2015	7	83	43.43	3.10	$561
Dec 2014	4	66	54.69	3.59	$456
Nov 2014	8	67	70.46	4.25	$849
Oct 2014	13	111	78.30	3.90	$1,451
Sep 2014	9	93	86.16	4.05	$1,152
Aug 2014	12	103	89.39	4.04	$1,488
Jul 2014	7	94	96.56	4.18	$1,069
Jun 2014	12	119	98.16	4.74	$1,742
May 2014	11	113	94.73	4.73	$1,576
Apr 2014	8	188	95.94	4.81	$1,672
Mar 2014	10	205	95.89	5.06	$1,996
Feb 2014	3	177	97.40	6.19	$1,388
Jan 2014	11	208	90.40	4.86	$2,005
Dec 2013	8	206	91.82	4.35	$1,632
Nov 2013	3	161	88.85	3.74	$868
Oct 2013	4	201	97.42	3.78	$1,149
Sep 2013	2	154	104.11	3.72	$781
Aug 2013	3	161	104.25	3.52	$880
Jul 2013	1	141	102.52	3.72	$627
Jun 2013	3	208	94.40	3.93	$1,101
May 2013	3	160	94.83	4.15	$948
Apr 2013	3	157	93.96	4.28	$954
Mar 2013	3	139	93.62	3.91	$825
Feb 2013	5	119	91.23	3.42	$863
Jan 2013	5	109	91.60	3.42	$831
Dec 2012	2	94	86.77	3.42	$495
Nov 2012	1	100	86.95	3.62	$449
Oct 2012	1	105	89.38	3.40	$446
Sep 2012	2	129	94.67	2.92	$566
Aug 2012	3	91	92.66	2.91	$543
Jul 2012	5	152	85.13	3.02	$885
Jun 2012	8	151	79.82	2.52	$1,019
May 2012	33	134	91.61	2.49	$3,357
Apr 2012	2	168	101.65	2.00	$539
Mar 2012	1	137	105.05	2.22	$409
Feb 2012	1	133	101.10	2.57	$443
Jan 2012	4	131	98.09	2.73	$751
Dec 2011	21	172	96.87	3.24	$2,592
Nov 2011	33	152	95.72	3.31	$3,662
Oct 2011	35	157	84.98	3.65	$3,547
Sep 2011	30	148	83.62	3.99	$3,099
Aug 2011	4	164	83.40	4.15	$1,014
Jul 2011	7	116	94.14	4.52	$1,183
Jun 2011	5	107	92.90	4.64	$961
May 2011	5	76	98.13	4.40	$825
Apr 2011	10	74	105.96	4.33	$1,380
Mar 2011	8	87	96.36	4.06	$1,124
Feb 2011	9	77	85.64	4.18	$1,093
Jan 2011	8	77	86.50	4.59	$1,045
Dec 2010	12	72	85.73	4.35	$1,342
Nov 2010	10	64	80.84	3.80	$1,051
Oct 2010	6	87	78.10	3.51	$774
Sep 2010	4	80	72.63	3.98	$609
Aug 2010	3	77	73.68	4.42	$561
Jul 2010	5	54	72.55	4.74	$619
Jun 2010	10	83	70.36	4.91	$1,111
May 2010	14	84	71.12	4.24	$1,351
Apr 2010	14	87	81.69	4.12	$1,502
Mar 2010	14	96	78.39	4.39	$1,519
Feb 2010	5	67	73.58	5.44	$733
Jan 2010	7	75	74.36	5.96	$968
Dec 2009	4	101	71.44	5.48	$840
Nov 2009	7	97	74.59	3.75	$886
Oct 2009	6	104	72.54	4.11	$863
Sep 2009	6	102	65.54	3.06	$706
Aug 2009	5	106	67.42	3.22	$678
Jul 2009	4	99	61.13	3.46	$588
Jun 2009	4	130	66.16	3.90	$771
May 2009	11	164	54.74	3.93	$1,246
Apr 2009	15	134	46.77	3.59	$1,182
Mar 2009	10	122	42.14	4.06	$917
Feb 2009	3	59	32.81	4.63	$372
Jan 2009	3	66	35.86	5.37	$462
Dec 2008	2	54	37.10	5.98	$397
Nov 2008	2	61	55.49	6.86	$529
Oct 2008	4	62	75.24	6.92	$730
Sep 2008	7	62	101.76	7.88	$1,201
Aug 2008	15	65	114.22	8.48	$2,265
Jul 2008	16	89	131.08	11.39	$3,111
Jun 2008	8	69	131.33	13.03	$1,950
May 2008	6	79	123.17	11.57	$1,653
Apr 2008	6	85	110.31	10.45	$1,551
Mar 2008	3	114	101.90	9.66	$1,407
Feb 2008	3	85	92.53	8.77	$1,023
Jan 2008	3	98	90.38	8.21	$1,075
Dec 2007	2	104	88.33	7.30	$936
Nov 2007	1	76	91.67	7.29	$646
Oct 2007	6	101	82.85	6.92	$1,196
Sep 2007	7	165	75.84	6.24	$1,561
Aug 2007	5	133	69.06	6.39	$1,195
Jul 2007	13	179	70.90	6.39	$2,065
Jun 2007	11	153	62.00	7.55	$1,837
May 2007	14	136	58.74	7.85	$1,889
Apr 2007	13	117	59.61	7.81	$1,688
Mar 2007	9	68	56.92	7.30	$1,009
Feb 2007	9	82	55.10	8.22	$1,170
Jan 2007	19	93	50.30	6.73	$1,581
Dec 2006	33	95	56.65	6.92	$2,527
Nov 2006	15	85	54.20	7.62	$1,460
Oct 2006	14	157	54.90	6.01	$1,713
Sep 2006	10	94	60.08	5.04	$1,074
Aug 2006	11	188	68.71	7.34	$2,136
Jul 2006	9	192	69.37	6.34	$1,842
Jun 2006	10	120	66.28	6.38	$1,429
May 2006	26	209	66.01	6.42	$3,059
Apr 2006	20	220	64.39	7.36	$2,907
Mar 2006	26	301	56.70	7.08	$3,606
Feb 2006	31	265	57.59	7.75	$3,839
Jan 2006	37	302	60.59	8.93	$4,940
Dec 2005	22	313	54.94	13.42	$5,408
Nov 2005	26	255	54.69	10.59	$4,122
Oct 2005	24	268	58.34	13.80	$5,097
Sep 2005	19	219	61.45	12.08	$3,813
Aug 2005	32	140	61.51	9.80	$3,340
Jul 2005	29	128	55.69	7.84	$2,619
Jun 2005	34	137	52.33	7.38	$2,790
May 2005	22	137	45.22	6.65	$1,906
Apr 2005	22	141	49.20	7.36	$2,120
Mar 2005	20	205	50.37	7.15	$2,474
Feb 2005	8	213	45.22	6.31	$1,706
Jan 2005	17	106	43.16	6.32	$1,404
Dec 2004	7	144	39.86	6.75	$1,251
Nov 2004	44	635	45.28	6.33	$6,012
Oct 2004	9	142	49.70	6.52	$1,372
Sep 2004	21	425	43.24	5.28	$3,154
Aug 2004	37	404	42.37	5.55	$3,810
Jul 2004	107	374	38.28	6.08	$6,371
Jun 2004	96	382	36.10	6.43	$5,923
May 2004	191	374	37.48	6.49	$9,588
Apr 2004	24	329	34.47	5.86	$2,755
Mar 2004	0	452	34.36	5.53	$2,500
Feb 2004	27	610	32.45	5.51	$4,237
Jan 2004	28	626	32.03	6.30	$4,840
Dec 2003	0	529	30.26	6.30	$3,334
Nov 2003	23	473	28.80	4.60	$2,836
Oct 2003	0	588	28.17	4.76	$2,799
Sep 2003	19	580	26.31	4.75	$3,255
Aug 2003	17	461	29.76	5.13	$2,871
Jul 2003	0	402	29.41	5.17	$2,079
Jun 2003	15	41	28.56	5.98	$674
May 2003	0	435	26.59	5.97	$2,598
Apr 2003	17	425	26.67	5.41	$2,751
Mar 2003	18	519	31.14	6.10	$3,724
Feb 2003	18	475	33.48	7.93	$4,367
Jan 2003	19	517	30.31	5.58	$3,462
Dec 2002	0	578	26.91	4.85	$2,805
Nov 2002	18	585	24.66	4.14	$2,864
Oct 2002	0	442	26.46	4.23	$1,869
Sep 2002	24	441	27.44	3.64	$2,262
Aug 2002	23	469	25.96	3.16	$2,081
Jul 2002	0	779	24.58	3.06	$2,385
Jun 2002	22	678	23.73	3.34	$2,785
May 2002	0	533	24.66	3.58	$1,910
Apr 2002	21	556	23.65	3.51	$2,450
Mar 2002	22	568	22.00	3.10	$2,246
Feb 2002	0	519	18.22	2.38	$1,233
Jan 2002	24	130	17.17	2.38	$721
Dec 2001	24	239	16.93	2.36	$971
Nov 2001	0	263	18.07	2.41	$633
Oct 2001	19	259	19.78	2.53	$1,031
Sep 2001	0	215	24.26	2.25	$484
Aug 2001	43	190	24.87	3.05	$1,650
Jul 2001	38	278	23.93	3.20	$1,798
Jun 2001	0	1,014	24.56	3.82	$3,878
May 2001	32	176	25.52	4.31	$1,575
Apr 2001	50	139	24.68	5.34	$1,976
Mar 2001	26	146	24.54	5.38	$1,423
Feb 2001	12	508	27.75	5.77	$3,263
Jan 2001	56	842	27.47	8.40	$8,610
Dec 2000	74	885	26.88	9.12	$10,063
Nov 2000	31	799	32.21	5.66	$5,519
Oct 2000	35	663	31.23	5.15	$4,505
Sep 2000	77	519	31.87	5.19	$5,146
Aug 2000	37	560	29.64	4.54	$3,640
Jul 2000	26	591	28.53	4.09	$3,159
Jun 2000	52	651	29.30	4.40	$4,386
May 2000	20	556	27.26	3.68	$2,591
Apr 2000	42	525	24.51	3.12	$2,665
Mar 2000	49	520	28.42	2.86	$2,880
Feb 2000	44	517	27.62	2.73	$2,625
Jan 2000	89	538	25.27	2.48	$3,584
Dec 1999	0	540	24.28	2.42	$1,309
Nov 1999	44	534	23.19	2.43	$2,320
Oct 1999	15	658	20.98	2.80	$2,160
Sep 1999	29	608	21.75	2.62	$2,223
Aug 1999	28	855	19.26	2.88	$2,998
Jul 1999	50	792	17.89	2.37	$2,773
Jun 1999	20	867	15.94	2.36	$2,367
May 1999	20	1,025	15.79	2.32	$2,695
Apr 1999	39	1,449	15.10	2.21	$3,788
Mar 1999	45	1,592	12.47	1.84	$3,488
Feb 1999	18	1,821	9.98	1.82	$3,490
Jan 1999	58	2,043	10.38	1.90	$4,484
Dec 1998	47	935	9.20	1.77	$2,090
Nov 1998	0	949	10.89	2.19	$2,074
Oct 1998	60	806	12.42	1.97	$2,332
Sep 1998	43	727	12.59	2.08	$2,055
Aug 1998	0	250	11.30	1.91	$477
Jul 1998	47	239	11.74	2.24	$1,086
Jun 1998	73	228	11.24	2.24	$1,331
May 1998	32	417	12.62	2.21	$1,324
Apr 1998	0	418	13.04	2.51	$1,047
Mar 1998	55	387	12.80	2.31	$1,598
Feb 1998	75	336	13.95	2.30	$1,819
Jan 1998	29	739	14.70	2.15	$2,019
Dec 1997	26	1,036	16.32	2.41	$2,922
Nov 1997	29	1,228	18.19	3.09	$4,320
Oct 1997	28	1,190	19.25	3.15	$4,287
Sep 1997	37	1,227	17.74	2.95	$4,282
Aug 1997	34	1,183	17.86	2.55	$3,630
Jul 1997	57	1,483	17.58	2.25	$4,334
Jun 1997	32	1,316	17.24	2.26	$3,522
May 1997	46	1,314	18.97	2.31	$3,906
Apr 1997	20	1,532	17.88	2.08	$3,548
Mar 1997	46	1,589	18.95	1.94	$3,953
Feb 1997	65	1,883	20.49	2.21	$5,486
Jan 1997	62	2,033	23.48	3.54	$8,652
Dec 1996	42	2,577	23.32	—	$979
Nov 1996	83	2,550	21.97	—	$1,824
Oct 1996	105	2,830	23.31	—	$2,448
Sep 1996	81	2,999	22.22	—	$1,800
Aug 1996	35	2,370	20.26	—	$709
Jul 1996	59	3,133	19.55	—	$1,153
Jun 1996	59	1,815	18.73	—	$1,105
May 1996	54	2,491	19.43	—	$1,049
Apr 1996	44	1,919	21.51	—	$946
Mar 1996	65	2,306	19.38	—	$1,260
Feb 1996	43	2,298	16.98	—	$730
Jan 1996	58	2,973	17.07	—	$990
Dec 1995	57	2,269	17.19	—	$980
Nov 1995	71	2,155	16.00	—	$1,136
Oct 1995	77	2,369	15.43	—	$1,188
Sep 1995	47	2,536	16.18	—	$760
Aug 1995	39	2,542	15.92	—	$621
Jul 1995	88	2,608	15.24	—	$1,341
Jun 1995	101	3,573	16.41	—	$1,657
May 1995	104	4,055	17.56	—	$1,826
Apr 1995	158	3,491	17.73	—	$2,801
Mar 1995	136	3,346	16.44	—	$2,236
Feb 1995	179	3,507	16.58	—	$2,968
Jan 1995	134	4,261	15.92	—	$2,133
Dec 1994	247	6,308	15.03	—	$3,712
Nov 1994	291	6,563	15.90	—	$4,627
Oct 1994	322	4,060	15.58	—	$5,017
Sep 1994	241	4,257	15.29	—	$3,685
Aug 1994	257	4,270	16.13	—	$4,145
Jul 1994	176	4,491	17.56	—	$3,091
Jun 1994	224	4,746	17.09	—	$3,828
May 1994	288	4,169	15.88	—	$4,573
Apr 1994	236	4,576	14.14	—	$3,337
Mar 1994	394	4,526	12.46	—	$4,909
Feb 1994	543	4,755	12.50	—	$6,788
Jan 1994	421	5,441	12.66	—	$5,330
Dec 1993	516	5,269	12.33	—	$6,362
Nov 1993	645	4,571	14.49	—	$9,346
Oct 1993	594	4,630	15.85	—	$9,415
Sep 1993	421	5,061	15.03	—	$6,328
Aug 1993	401	4,186	15.66	—	$6,280
Jul 1993	506	5,725	15.46	—	$7,823
Jun 1993	410	4,569	16.79	—	$6,884
May 1993	433	5,354	17.68	—	$7,655
Apr 1993	493	5,482	18.05	—	$8,899
Mar 1993	693	5,180	18.14	—	$12,571
Feb 1993	792	4,999	17.90	—	$14,177
Jan 1993	764	4,422	16.93	—	$12,935

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.

Sep 2019 — as filed, then multipliedworked

Oil                   18 bbl  × $ 55.05 =       $991
Casinghead gas        66 Mcf  × $  2.66 =       $175

────────────────────────────────────────────────────
Month total                                   $1,166

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/33533 is the state's own key, not one this site invented.