BAILEY "12"

Operated by P1 ENERGY, LLC (P-5 631633) in the SUGG RANCH field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35303District 08Field 87018500OilCasinghead gasSaveExport
Value, all time
$1.8 M
Apr 1997 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
350
no gaps in the span
Streams
2
oil, casinghead 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 4 leases and 8 wells, and the rule below applies to all of them.

Discovered
1985-10-01
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.

StreamBasisVolumeValue
OilDisposition43,210 bbl$1,293,259
Casinghead gasProduction133,039 Mcf$555,173
Total$1,848,433

Wells on this lease (3)

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 31.5841, -101.1827. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

31.58471, -101.18213 · 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
33.3%
1 of 3 wells
With a plug date
0.0%
0 of 3 wells
Median depth
7,962 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
133.3%
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.
266.7%

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 7,955 and 8,100 ft, median 7,962 ft, over the 3 wells that filed a depth.

Completions filed
Apr 1997 – Nov 2014
3 of 3 wells

3 wells

42-431322638S8,100 ftNov 2014
42-431318963S7,962 ftMay 1997
42-431321175S7,955 ftApr 1997Yes

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 (350)

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

350 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020263149.881.98$1,358
Jan 2020183457.252.09$1,102
Dec 2019183559.012.30$1,143
Nov 2019183555.302.75$1,092
Oct 2019173853.472.42$1,001
Sep 2019215455.052.66$1,300
Aug 2019133753.112.30$776
Jul 2019184056.272.46$1,111
Jun 2019183452.782.49$1,035
May 2019223358.482.74$1,377
Apr 2019113562.632.75$785
Mar 2019164756.803.06$1,053
Feb 2019152750.852.79$838
Jan 2019153046.033.23$787
Dec 201893046.594.19$545
Nov 2018192552.934.24$1,112
Oct 2018142861.443.40$955
Sep 2018163459.543.11$1,058
Aug 2018142859.403.07$917
Jul 2018192965.142.93$1,323
Jun 201892960.183.08$631
May 201892765.382.90$667
Apr 2018132763.842.90$908
Mar 2018132961.222.79$877
Feb 2018132661.782.77$875
Jan 2018193062.874.01$1,315
Dec 2017152957.272.92$944
Nov 2017153055.423.12$925
Oct 2017193349.292.98$1,035
Sep 2017153047.523.09$805
Aug 2017203145.373.00$1,001
Jul 2017334643.873.09$1,590
Jun 2017284442.493.09$1,326
May 2017245645.373.26$1,272
Apr 2017285547.933.21$1,519
Mar 2017529446.772.98$2,713
Feb 20174455250.452.95$3,850
Jan 20173459949.413.42$3,728
Dec 20164558948.763.72$4,387
Nov 20164460842.492.64$3,477
Oct 20166763646.193.09$5,060
Sep 20163363641.553.10$3,343
Aug 20164570341.442.92$3,921
Jul 20162911741.622.92$1,549
Jun 20164010045.352.69$2,083
May 2016318442.521.99$1,485
Apr 2016288736.561.99$1,197
Mar 2016249233.011.79$957
Feb 2016419626.472.06$1,283
Jan 20167011327.352.36$2,182
Dec 2015397532.362.00$1,412
Nov 2015218038.792.17$988
Oct 20151910643.552.43$1,085
Sep 2015147442.992.76$806
Aug 2015153640.162.87$706
Jul 2015145148.152.95$824
Jun 2015178356.152.88$1,194
May 20151515255.212.96$1,277
Apr 20151915649.822.71$1,369
Mar 20152813242.892.93$1,588
Feb 20153210444.662.98$1,739
Jan 2015197643.433.10$1,061
Dec 201445554.693.59$416
Nov 201455870.464.25$599
Oct 201459678.303.90$766
Sep 201459786.164.05$823
Aug 201437389.394.04$563
Jul 201438296.564.18$632
Jun 201448598.164.74$795
May 2014118794.734.73$1,453
Apr 2014229395.944.81$2,558
Mar 20143050195.895.06$5,410
Feb 20142838097.406.19$5,080
Jan 20144812590.404.86$4,947
Dec 20132812991.824.35$3,133
Nov 20133416788.853.74$3,645
Oct 20132716497.423.78$3,250
Sep 201340124104.113.72$4,625
Aug 201333155104.253.52$3,986
Jul 201330149102.523.72$3,630
Jun 20132512194.403.93$2,836
May 20134213494.834.15$4,539
Apr 20133611693.964.28$3,879
Mar 20132612493.623.91$2,919
Feb 20133211091.233.42$3,296
Jan 2013358691.603.42$3,500
Dec 2012426386.773.42$3,860
Nov 2012284086.953.62$2,580
Oct 2012676289.383.40$6,199
Sep 2012759094.672.92$7,363
Aug 20127410292.662.91$7,153
Jul 20126910985.133.02$6,203
Jun 20126015379.822.52$5,175
May 20125920791.612.49$5,920
Apr 201238208101.652.00$4,278
Mar 20120189105.052.22$420
Feb 201200101.102.57$0
Jan 2012165098.092.73$16,185
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011013284.983.65$482
Sep 2011017183.623.99$682
Aug 201118520583.404.15$16,280
Jul 2011016794.144.52$754
Jun 2011020092.904.64$928
May 201118422598.134.40$19,047
Apr 20110205105.964.33$888
Mar 2011020796.364.06$840
Feb 201118719185.644.18$16,813
Jan 2011022786.504.59$1,042
Dec 2010023785.734.35$1,030
Nov 201017123280.843.80$14,704
Oct 2010019078.103.51$667
Sep 2010019872.633.98$788
Aug 201017721373.684.42$13,983
Jul 2010023672.554.74$1,118
Jun 2010024770.364.91$1,213
May 201018825871.124.24$14,463
Apr 2010024781.694.12$1,018
Mar 2010026178.394.39$1,145
Feb 201018125173.585.44$14,684
Jan 2010029874.365.96$1,777
Dec 200918825471.445.48$14,824
Nov 2009012574.593.75$469
Oct 2009013372.544.11$547
Sep 2009019665.543.06$601
Aug 200918720767.423.22$13,274
Jul 2009019661.133.46$679
Jun 2009019366.163.90$752
May 2009022654.743.93$887
Apr 2009021546.773.59$771
Mar 200918222642.144.06$8,587
Feb 2009021632.814.63$1,001
Jan 2009021635.865.37$1,160
Dec 200818722937.105.98$8,306
Nov 2008024455.496.86$1,674
Oct 2008026775.246.92$1,848
Sep 2008180277101.767.88$20,499
Aug 20080287114.228.48$2,435
Jul 20080303131.0811.39$3,451
Jun 2008187311131.3313.03$28,612
May 20080343123.1711.57$3,970
Apr 2008188337110.3110.45$24,262
Mar 20080343101.909.66$3,315
Feb 2008030092.538.77$2,631
Jan 200818832890.388.21$19,683
Dec 2007032488.337.30$2,366
Nov 200718731991.677.29$19,468
Oct 2007033582.856.92$2,319
Sep 2007031775.846.24$1,979
Aug 200718135169.066.39$14,742
Jul 200718636170.906.39$15,493
Jun 2007034662.007.55$2,612
May 2007035858.747.85$2,809
Apr 200718633559.617.81$13,702
Mar 2007035456.927.30$2,585
Feb 200719230855.108.22$13,110
Jan 200718435350.306.73$11,630
Dec 2006035156.656.92$2,428
Nov 200618933954.207.62$12,826
Oct 2006035754.906.01$2,147
Sep 200619035460.085.04$13,198
Aug 2006036768.717.34$2,694
Jul 200618837369.376.34$15,407
Jun 200618533066.286.38$14,368
May 2006054066.016.42$3,470
Apr 200619159464.397.36$16,671
Mar 2006026656.707.08$1,884
Feb 200619027857.597.75$13,097
Jan 2006038460.598.93$3,430
Dec 200518348354.9413.42$16,534
Nov 2005035754.6910.59$3,780
Oct 200518753658.3413.80$18,304
Sep 2005052361.4512.08$6,317
Aug 200537054561.519.80$28,098
Jul 2005054455.697.84$4,267
Jun 200518354352.337.38$13,584
May 200518356745.226.65$12,046
Apr 2005054249.207.36$3,989
Mar 200518358750.377.15$13,418
Feb 2005049245.226.31$3,105
Jan 200518563743.166.32$12,012
Dec 200418860439.866.75$11,571
Nov 2004098445.286.33$6,229
Oct 200418662149.706.52$13,290
Sep 200418365343.245.28$11,363
Aug 2004061942.375.55$3,436
Jul 200418866438.286.08$11,237
Jun 200418463236.106.43$10,708
May 2004063837.486.49$4,144
Apr 200418158334.475.86$9,655
Mar 200418162234.365.53$9,659
Feb 200418855832.455.51$9,175
Jan 2004059632.036.30$3,755
Dec 200318857030.266.30$9,281
Nov 200318663628.804.60$8,279
Oct 2003071128.174.76$3,384
Sep 200317773626.314.75$8,152
Aug 200318380529.765.13$9,576
Jul 200318771529.415.17$9,197
Jun 200318572028.565.98$9,591
May 2003072926.595.97$4,354
Apr 200319470826.675.41$9,002
Mar 200318276131.146.10$10,307
Feb 2003070333.487.93$5,572
Jan 200336776230.315.58$15,377
Dec 2002073926.914.85$3,587
Nov 200218675524.664.14$7,710
Oct 200218270426.464.23$7,793
Sep 2002070427.443.64$2,559
Aug 200216774425.963.16$6,689
Jul 200218387124.583.06$7,165
Jun 200218263023.733.34$6,422
May 2002064124.663.58$2,297
Apr 200218766423.653.51$6,755
Mar 200218565222.003.10$6,093
Feb 2002066118.222.38$1,570
Jan 200218347617.172.38$4,273
Dec 200118872316.932.36$4,892
Nov 200117671018.072.41$4,888
Oct 2001074719.782.53$1,889
Sep 200136273624.262.25$10,439
Aug 200118059924.873.05$6,305
Jul 200118170323.933.20$6,579
Jun 200118192924.563.82$7,998
May 200118297425.524.31$8,840
Apr 200117794524.685.34$9,410
Mar 200117898324.545.38$9,653
Feb 200117690127.755.77$10,080
Jan 20013701,00727.478.40$18,621
Dec 200018698626.889.12$13,994
Nov 200018497932.215.66$11,466
Oct 200018198231.235.15$10,706
Sep 200036696931.875.19$16,690
Aug 20001811,00229.644.54$9,915
Jul 20001781,01628.534.09$9,234
Jun 200018498429.304.40$9,718
May 20001801,18127.263.68$9,253
Apr 20003671,13924.513.12$12,544
Mar 20001841,14928.422.86$8,515
Feb 20003631,10727.622.73$13,044
Jan 20003651,18225.272.48$12,156
Dec 19993841,21724.282.42$12,273
Nov 19993641,16723.192.43$11,282
Oct 19991821,17920.982.80$7,124
Sep 19993591,01221.752.62$10,459
Aug 19993551,01419.262.88$9,753
Jul 19993641,07317.892.37$9,058
Jun 19993551,08815.942.36$8,229
May 19993601,18615.792.32$8,437
Apr 19993571,24615.102.21$8,142
Mar 19993571,26812.471.84$6,783
Feb 19993681,4909.981.82$6,381
Jan 19995431,49910.381.90$8,484
Dec 19985501,3859.201.77$7,516
Nov 19983801,38110.892.19$7,157
Oct 19987091,77912.421.97$12,309
Sep 19987172,23212.592.08$13,675
Aug 19987212,06011.301.91$12,076
Jul 19983682,22411.742.24$9,296
Jun 19987361,78711.242.24$12,271
May 19987421,82512.622.21$13,391
Apr 19987571,63413.042.51$13,965
Mar 19981,1781,75612.802.31$19,134
Feb 19989501,14413.952.30$15,883
Jan 19989701,48614.702.15$17,461
Dec 19971,1071,45216.322.41$21,567
Nov 19975841,71718.193.09$15,926
Oct 19971,1571,74619.253.15$27,772
Sep 19971,1522,11917.742.95$26,698
Aug 19971,7111,85217.862.55$35,290
Jul 19971,3171,97717.582.25$27,595
Jun 19971,5131,34517.242.26$29,120
May 19972,28571618.972.31$44,999
Apr 199708817.882.08$183

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                   26 bbl  × $ 49.88 =     $1,297
Casinghead gas        31 Mcf  × $  1.98 =        $61

────────────────────────────────────────────────────
Month total                                   $1,358

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/35303 is the state's own key, not one this site invented.