BAILEY -32- A

Name: BAILEY -32- A lease production and value, Apr 1998 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

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

Oil lease lease 35777District 08Field 66094500OilCasinghead gasSave Export

Value, all time

$1.7 M

Apr 1998 – May 2026

Value, last 12 filed months

$61 k

at the published price for each month

Months reported

338

no gaps in the span

Streams

oil, casinghead gas

The NORTHERN LIGHTS (STRAWN) 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 3 leases and 5 wells, and the rule below applies to all of them.

Discovered

1989-04-23

as the register files it

Field class

Oil

the register's own label

Between wells

1,867 ft

minimum

From a lease line

933 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1990-04-01.

The Commission's schedule remark for this field reads: “OPTIONAL 160 ACRE UNIT W/4500 DIAGONAL. TEMP FLD RULES 8-94201.”

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	21,626 bbl	$967,216
Casinghead gas	Production	186,269 Mcf	$710,721
Total			$1,677,936

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 31.5898, -101.1527. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.58977, -101.15272 · 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

0.0%

0 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

9,120 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 9,120 ft.

Completions filed

Apr 1998

1 of 1 wells

1 well


42-43132922	2	9,120 ft	Apr 1998	—	—

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 (338)

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

338 months


May 2026	0	0	106.41	3.05	$0
Apr 2026	0	473	98.93	2.87	$1,357
Mar 2026	128	491	89.75	3.15	$13,034
Feb 2026	0	502	63.50	3.75	$1,883
Jan 2026	113	440	59.13	8.00	$10,201
Dec 2025	0	403	56.66	4.41	$1,779
Nov 2025	127	392	58.59	3.93	$8,980
Oct 2025	0	427	59.38	3.30	$1,411
Sep 2025	0	322	62.74	3.08	$991
Aug 2025	129	391	63.93	3.01	$9,426
Jul 2025	0	413	66.74	3.32	$1,369
Jun 2025	136	405	66.48	3.13	$10,308
May 2025	0	436	60.55	3.23	$1,409
Apr 2025	131	394	62.36	3.54	$9,565
Mar 2025	133	489	67.70	4.27	$11,091
Feb 2025	0	427	70.88	4.34	$1,854
Jan 2025	0	420	74.32	4.28	$1,797
Dec 2024	0	412	68.99	3.12	$1,286
Nov 2024	133	476	69.05	2.20	$10,230
Oct 2024	126	504	71.37	2.28	$10,142
Sep 2024	0	416	69.61	2.36	$984
Aug 2024	0	450	75.63	2.06	$929
Jul 2024	140	487	79.93	2.15	$12,236
Jun 2024	0	479	78.08	2.63	$1,262
May 2024	0	501	78.81	2.20	$1,101
Apr 2024	140	464	84.45	1.66	$12,593
Mar 2024	0	497	80.30	1.55	$768
Feb 2024	136	464	76.09	1.78	$11,176
Jan 2024	0	497	73.02	3.30	$1,639
Dec 2023	136	516	71.26	2.61	$11,038
Nov 2023	0	477	77.89	2.81	$1,339
Oct 2023	141	511	85.44	3.09	$13,625
Sep 2023	0	542	89.04	2.74	$1,482
Aug 2023	0	633	80.52	2.67	$1,692
Jul 2023	265	608	74.85	2.64	$21,441
Jun 2023	0	494	68.96	2.26	$1,116
May 2023	0	447	70.62	2.23	$996
Apr 2023	99	565	78.12	2.24	$8,998
Mar 2023	122	521	72.85	2.39	$10,135
Feb 2023	0	0	75.11	2.47	$0
Jan 2023	0	0	76.53	3.39	$0
Dec 2022	136	0	76.41	5.73	$10,392
Nov 2022	0	262	85.00	5.65	$1,479
Oct 2022	4	1,125	87.18	5.86	$6,945
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	1	0	101.58	7.54	$102
Jun 2022	1	0	115.09	7.98	$115
May 2022	1	0	109.37	8.43	$109
Apr 2022	2	0	104.22	6.84	$208
Mar 2022	3	0	108.88	5.08	$327
Feb 2022	5	113	91.05	4.86	$1,004
Jan 2022	5	156	81.84	4.54	$1,117
Dec 2021	5	166	71.32	3.90	$1,004
Nov 2021	11	166	77.43	5.24	$1,721
Oct 2021	5	194	79.79	5.71	$1,507
Sep 2021	10	178	69.86	5.35	$1,651
Aug 2021	5	198	66.02	4.22	$1,166
Jul 2021	5	207	70.78	3.98	$1,178
Jun 2021	9	222	69.49	3.38	$1,376
May 2021	8	187	63.48	3.02	$1,072
Apr 2021	8	178	60.36	2.76	$974
Mar 2021	8	194	61.30	2.72	$1,017
Feb 2021	6	136	57.80	5.55	$1,101
Jan 2021	12	182	50.41	2.81	$1,116
Dec 2020	6	198	44.64	2.68	$798
Nov 2020	12	177	38.77	2.71	$944
Oct 2020	6	226	36.97	2.48	$782
Sep 2020	13	269	37.09	1.99	$1,018
Aug 2020	13	281	39.98	2.39	$1,190
Jul 2020	7	230	38.37	1.83	$688
Jun 2020	107	213	34.90	1.69	$4,094
May 2020	0	322	16.92	1.81	$584
Apr 2020	0	432	14.75	1.80	$779
Mar 2020	39	466	30.34	1.86	$2,048
Feb 2020	34	502	49.88	1.98	$2,690
Jan 2020	42	585	57.25	2.09	$3,630
Dec 2019	38	613	59.01	2.30	$3,655
Nov 2019	29	577	55.30	2.75	$3,191
Oct 2019	28	599	53.47	2.42	$2,946
Sep 2019	30	624	55.05	2.66	$3,310
Aug 2019	35	636	53.11	2.30	$3,324
Jul 2019	33	642	56.27	2.46	$3,436
Jun 2019	29	556	52.78	2.49	$2,916
May 2019	36	554	58.48	2.74	$3,623
Apr 2019	46	529	62.63	2.75	$4,336
Mar 2019	32	562	56.80	3.06	$3,539
Feb 2019	34	550	50.85	2.79	$3,265
Jan 2019	65	581	46.03	3.23	$4,868
Dec 2018	0	635	46.59	4.19	$2,658
Nov 2018	66	641	52.93	4.24	$6,209
Oct 2018	23	637	61.44	3.40	$3,578
Sep 2018	59	623	59.54	3.11	$5,449
Aug 2018	40	658	59.40	3.07	$4,394
Jul 2018	40	693	65.14	2.93	$4,637
Jun 2018	35	658	60.18	3.08	$4,131
May 2018	28	643	65.38	2.90	$3,696
Apr 2018	26	635	63.84	2.90	$3,502
Mar 2018	66	647	61.22	2.79	$5,844
Feb 2018	23	525	61.78	2.77	$2,873
Jan 2018	82	614	62.87	4.01	$7,617
Dec 2017	58	614	57.27	2.92	$5,115
Nov 2017	28	600	55.42	3.12	$3,423
Oct 2017	58	626	49.29	2.98	$4,727
Sep 2017	72	656	47.52	3.09	$5,447
Aug 2017	31	748	45.37	3.00	$3,654
Jul 2017	86	771	43.87	3.09	$6,153
Jun 2017	87	720	42.49	3.09	$5,919
May 2017	0	820	45.37	3.26	$2,676
Apr 2017	74	747	47.93	3.21	$5,946
Mar 2017	87	841	46.77	2.98	$6,578
Feb 2017	37	650	50.45	2.95	$3,786
Jan 2017	76	719	49.41	3.42	$6,213
Dec 2016	75	730	48.76	3.72	$6,375
Nov 2016	38	839	42.49	2.64	$3,833
Oct 2016	75	845	46.19	3.09	$6,076
Sep 2016	74	756	41.55	3.10	$5,419
Aug 2016	74	784	41.44	2.92	$5,359
Jul 2016	42	825	41.62	2.92	$4,161
Jun 2016	37	739	45.35	2.69	$3,663
May 2016	71	714	42.52	1.99	$4,441
Apr 2016	65	634	36.56	1.99	$3,639
Mar 2016	56	684	33.01	1.79	$3,076
Feb 2016	22	803	26.47	2.06	$2,239
Jan 2016	49	840	27.35	2.36	$3,326
Dec 2015	40	742	32.36	2.00	$2,779
Nov 2015	46	720	38.79	2.17	$3,345
Oct 2015	23	524	43.55	2.43	$2,273
Sep 2015	4	446	42.99	2.76	$1,402
Aug 2015	4	1,104	40.16	2.87	$3,332
Jul 2015	4	1,315	48.15	2.95	$4,065
Jun 2015	4	1,143	56.15	2.88	$3,520
May 2015	2	1,044	55.21	2.96	$3,196
Apr 2015	5	1,100	49.82	2.71	$3,226
Mar 2015	91	1,123	42.89	2.93	$7,199
Feb 2015	0	968	44.66	2.98	$2,881
Jan 2015	126	759	43.43	3.10	$7,826
Dec 2014	81	723	54.69	3.59	$7,026
Nov 2014	0	828	70.46	4.25	$3,521
Oct 2014	75	741	78.30	3.90	$8,763
Sep 2014	79	807	86.16	4.05	$10,071
Aug 2014	82	1,051	89.39	4.04	$11,571
Jul 2014	79	1,059	96.56	4.18	$12,054
Jun 2014	42	872	98.16	4.74	$8,253
May 2014	34	706	94.73	4.73	$6,558
Apr 2014	64	483	95.94	4.81	$8,463
Mar 2014	81	689	95.89	5.06	$11,251
Feb 2014	66	773	97.40	6.19	$11,215
Jan 2014	28	799	90.40	4.86	$6,415
Dec 2013	83	785	91.82	4.35	$11,039
Nov 2013	57	704	88.85	3.74	$7,696
Oct 2013	86	767	97.42	3.78	$11,277
Sep 2013	81	702	104.11	3.72	$11,043
Aug 2013	85	725	104.25	3.52	$11,415
Jul 2013	72	885	102.52	3.72	$10,672
Jun 2013	13	893	94.40	3.93	$4,740
May 2013	37	836	94.83	4.15	$6,977
Apr 2013	47	843	93.96	4.28	$8,026
Mar 2013	38	839	93.62	3.91	$6,840
Feb 2013	54	733	91.23	3.42	$7,433
Jan 2013	35	819	91.60	3.42	$6,007
Dec 2012	23	684	86.77	3.42	$4,335
Nov 2012	14	484	86.95	3.62	$2,972
Oct 2012	9	491	89.38	3.40	$2,474
Sep 2012	18	553	94.67	2.92	$3,318
Aug 2012	35	568	92.66	2.91	$4,895
Jul 2012	54	514	85.13	3.02	$6,150
Jun 2012	41	441	79.82	2.52	$4,384
May 2012	28	414	91.61	2.49	$3,595
Apr 2012	27	411	101.65	2.00	$3,565
Mar 2012	15	402	105.05	2.22	$2,469
Feb 2012	24	416	101.10	2.57	$3,496
Jan 2012	34	345	98.09	2.73	$4,278
Dec 2011	24	293	96.87	3.24	$3,274
Nov 2011	24	298	95.72	3.31	$3,284
Oct 2011	22	339	84.98	3.65	$3,106
Sep 2011	29	362	83.62	3.99	$3,868
Aug 2011	27	187	83.40	4.15	$3,028
Jul 2011	24	358	94.14	4.52	$3,877
Jun 2011	23	354	92.90	4.64	$3,779
May 2011	23	376	98.13	4.40	$3,913
Apr 2011	14	362	105.96	4.33	$3,052
Mar 2011	29	388	96.36	4.06	$4,369
Feb 2011	31	307	85.64	4.18	$3,938
Jan 2011	25	392	86.50	4.59	$3,961
Dec 2010	34	403	85.73	4.35	$4,667
Nov 2010	27	390	80.84	3.80	$3,663
Oct 2010	36	408	78.10	3.51	$4,243
Sep 2010	28	406	72.63	3.98	$3,649
Aug 2010	40	402	73.68	4.42	$4,724
Jul 2010	37	393	72.55	4.74	$4,546
Jun 2010	29	408	70.36	4.91	$4,044
May 2010	39	475	71.12	4.24	$4,785
Apr 2010	34	477	81.69	4.12	$4,744
Mar 2010	51	553	78.39	4.39	$6,425
Feb 2010	33	296	73.58	5.44	$4,039
Jan 2010	42	523	74.36	5.96	$6,242
Dec 2009	43	535	71.44	5.48	$6,006
Nov 2009	50	607	74.59	3.75	$6,007
Oct 2009	47	678	72.54	4.11	$6,196
Sep 2009	40	628	65.54	3.06	$4,546
Aug 2009	47	627	67.42	3.22	$5,187
Jul 2009	28	612	61.13	3.46	$3,832
Jun 2009	29	623	66.16	3.90	$4,345
May 2009	30	676	54.74	3.93	$4,296
Apr 2009	25	633	46.77	3.59	$3,440
Mar 2009	19	693	42.14	4.06	$3,614
Feb 2009	22	635	32.81	4.63	$3,664
Jan 2009	44	776	35.86	5.37	$5,746
Dec 2008	49	777	37.10	5.98	$6,462
Nov 2008	35	674	55.49	6.86	$6,566
Oct 2008	33	577	75.24	6.92	$6,477
Sep 2008	26	595	101.76	7.88	$7,333
Aug 2008	27	702	114.22	8.48	$9,039
Jul 2008	43	618	131.08	11.39	$12,675
Jun 2008	39	483	131.33	13.03	$11,417
May 2008	41	643	123.17	11.57	$12,492
Apr 2008	144	719	110.31	10.45	$23,402
Mar 2008	148	929	101.90	9.66	$24,059
Feb 2008	55	545	92.53	8.77	$9,869
Jan 2008	100	627	90.38	8.21	$14,183
Dec 2007	101	705	88.33	7.30	$14,069
Nov 2007	64	669	91.67	7.29	$10,745
Oct 2007	28	322	82.85	6.92	$4,549
Sep 2007	50	416	75.84	6.24	$6,390
Aug 2007	69	587	69.06	6.39	$8,515
Jul 2007	31	219	70.90	6.39	$3,597
Jun 2007	30	565	62.00	7.55	$6,125
May 2007	11	187	58.74	7.85	$2,113
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	6	0	56.92	7.30	$342
Feb 2007	30	366	55.10	8.22	$4,660
Jan 2007	44	560	50.30	6.73	$5,980
Dec 2006	40	732	56.65	6.92	$7,330
Nov 2006	43	573	54.20	7.62	$6,695
Oct 2006	68	415	54.90	6.01	$6,229
Sep 2006	95	568	60.08	5.04	$8,569
Aug 2006	53	582	68.71	7.34	$7,913
Jul 2006	31	565	69.37	6.34	$5,734
Jun 2006	30	564	66.28	6.38	$5,589
May 2006	27	238	66.01	6.42	$3,311
Apr 2006	26	342	64.39	7.36	$4,191
Mar 2006	23	368	56.70	7.08	$3,911
Feb 2006	29	317	57.59	7.75	$4,127
Jan 2006	32	335	60.59	8.93	$4,932
Dec 2005	24	297	54.94	13.42	$5,303
Nov 2005	24	309	54.69	10.59	$4,584
Oct 2005	28	354	58.34	13.80	$6,517
Sep 2005	31	351	61.45	12.08	$6,145
Aug 2005	27	393	61.51	9.80	$5,511
Jul 2005	35	333	55.69	7.84	$4,561
Jun 2005	28	312	52.33	7.38	$3,768
May 2005	19	282	45.22	6.65	$2,735
Apr 2005	15	277	49.20	7.36	$2,777
Mar 2005	17	293	50.37	7.15	$2,953
Feb 2005	15	97	45.22	6.31	$1,291
Jan 2005	23	174	43.16	6.32	$2,093
Dec 2004	22	169	39.86	6.75	$2,018
Nov 2004	30	301	45.28	6.33	$3,264
Oct 2004	46	201	49.70	6.52	$3,596
Sep 2004	130	174	43.24	5.28	$6,541
Aug 2004	65	189	42.37	5.55	$3,803
Jul 2004	62	173	38.28	6.08	$3,426
Jun 2004	0	145	36.10	6.43	$933
May 2004	80	161	37.48	6.49	$4,044
Apr 2004	72	131	34.47	5.86	$3,249
Mar 2004	77	148	34.36	5.53	$3,464
Feb 2004	70	141	32.45	5.51	$3,048
Jan 2004	0	190	32.03	6.30	$1,197
Dec 2003	81	0	30.26	6.30	$2,451
Nov 2003	160	0	28.80	4.60	$4,608
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	78	0	26.31	4.75	$2,052
Aug 2003	82	155	29.76	5.13	$3,235
Jul 2003	0	155	29.41	5.17	$801
Jun 2003	69	256	28.56	5.98	$3,502
May 2003	75	260	26.59	5.97	$3,547
Apr 2003	70	247	26.67	5.41	$3,203
Mar 2003	68	184	31.14	6.10	$3,239
Feb 2003	68	168	33.48	7.93	$3,608
Jan 2003	67	184	30.31	5.58	$3,058
Dec 2002	66	206	26.91	4.85	$2,776
Nov 2002	66	250	24.66	4.14	$2,662
Oct 2002	65	320	26.46	4.23	$3,073
Sep 2002	64	319	27.44	3.64	$2,916
Aug 2002	0	339	25.96	3.16	$1,073
Jul 2002	63	277	24.58	3.06	$2,397
Jun 2002	62	278	23.73	3.34	$2,399
May 2002	62	262	24.66	3.58	$2,468
Apr 2002	65	322	23.65	3.51	$2,668
Mar 2002	66	291	22.00	3.10	$2,355
Feb 2002	71	177	18.22	2.38	$1,714
Jan 2002	81	111	17.17	2.38	$1,654
Dec 2001	161	172	16.93	2.36	$3,132
Nov 2001	71	169	18.07	2.41	$1,690
Oct 2001	86	195	19.78	2.53	$2,194
Sep 2001	78	363	24.26	2.25	$2,710
Aug 2001	89	464	24.87	3.05	$3,630
Jul 2001	78	479	23.93	3.20	$3,398
Jun 2001	206	477	24.56	3.82	$6,883
May 2001	70	272	25.52	4.31	$2,958
Apr 2001	88	364	24.68	5.34	$4,114
Mar 2001	204	519	24.54	5.38	$7,797
Feb 2001	114	460	27.75	5.77	$5,816
Jan 2001	204	582	27.47	8.40	$10,492
Dec 2000	105	533	26.88	9.12	$7,685
Nov 2000	246	540	32.21	5.66	$10,979
Oct 2000	258	764	31.23	5.15	$11,989
Sep 2000	123	678	31.87	5.19	$7,436
Aug 2000	120	585	29.64	4.54	$6,213
Jul 2000	244	824	28.53	4.09	$10,331
Jun 2000	123	763	29.30	4.40	$6,959
May 2000	259	838	27.26	3.68	$10,144
Apr 2000	132	754	24.51	3.12	$5,585
Mar 2000	250	591	28.42	2.86	$8,795
Feb 2000	239	620	27.62	2.73	$8,292
Jan 2000	234	725	25.27	2.48	$7,712
Dec 1999	119	809	24.28	2.42	$4,850
Nov 1999	249	796	23.19	2.43	$7,712
Oct 1999	247	1,657	20.98	2.80	$9,828
Sep 1999	239	1,513	21.75	2.62	$9,161
Aug 1999	125	1,736	19.26	2.88	$7,400
Jul 1999	246	1,651	17.89	2.37	$8,318
Jun 1999	239	1,568	15.94	2.36	$7,513
May 1999	237	1,646	15.79	2.32	$7,563
Apr 1999	253	1,757	15.10	2.21	$7,700
Mar 1999	248	1,702	12.47	1.84	$6,221
Feb 1999	250	1,492	9.98	1.82	$5,207
Jan 1999	259	1,734	10.38	1.90	$5,983
Dec 1998	378	1,721	9.20	1.77	$6,529
Nov 1998	256	1,693	10.89	2.19	$6,488
Oct 1998	374	2,044	12.42	1.97	$8,670
Sep 1998	257	2,435	12.59	2.08	$8,307
Aug 1998	391	2,245	11.30	1.91	$8,700
Jul 1998	398	2,116	11.74	2.24	$9,407
Jun 1998	398	2,312	11.24	2.24	$9,646
May 1998	113	1,937	12.62	2.21	$5,700
Apr 1998	0	0	13.04	2.51	$0

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.

Apr 2026 — as filed, then multipliedworked

Oil                    0 bbl  × $ 98.93 =         $0
Casinghead gas       473 Mcf  × $  2.87 =     $1,357

────────────────────────────────────────────────────
Month total                                   $1,357

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/35777 is the state's own key, not one this site invented.