BAILEY

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

Operated by STANOLIND PRODUCTION LLC (P-5 813985) in the LOWER HALF (WOLFCAMP) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 35841District 08Field 55279500Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$834 k

Jul 1998 – Feb 2020

Value, last 12 filed months

$17 k

at the published price for each month

Months reported

260

no gaps in the span

Streams

oil, casinghead gas

The LOWER HALF (WOLFCAMP) 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 46 leases and 237 wells, and the rule below applies to all of them.

Discovered

1985-05-27

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,320 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1991-10-01.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “SPRABERRY (TREND AREA) FIELD EFFECTIVE 10/1/2019.”

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	16,344 bbl	$773,370
Casinghead gas	Production	14,739 Mcf	$60,927
Total			$834,297

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 31.6232, -101.1620. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.62320, -101.16203 · 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%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

9,250 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

1100.0%

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

The one well that filed a depth was drilled to 9,250 ft.

Completions filed

Jun 1998

1 of 1 wells

1 well


42-43131980	206	9,250 ft	Jun 1998	—	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 (260)

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

260 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	74	0	55.05	2.66	$4,074
Aug 2019	26	0	53.11	2.30	$1,381
Jul 2019	21	0	56.27	2.46	$1,182
Jun 2019	41	0	52.78	2.49	$2,164
May 2019	57	0	58.48	2.74	$3,333
Apr 2019	26	0	62.63	2.75	$1,628
Mar 2019	51	0	56.80	3.06	$2,897
Feb 2019	58	0	50.85	2.79	$2,949
Jan 2019	26	0	46.03	3.23	$1,197
Dec 2018	58	0	46.59	4.19	$2,702
Nov 2018	1	0	52.93	4.24	$53
Oct 2018	3	0	61.44	3.40	$184
Sep 2018	22	0	59.54	3.11	$1,310
Aug 2018	29	0	59.40	3.07	$1,723
Jul 2018	53	0	65.14	2.93	$3,452
Jun 2018	24	0	60.18	3.08	$1,444
May 2018	32	0	65.38	2.90	$2,092
Apr 2018	25	0	63.84	2.90	$1,596
Mar 2018	16	0	61.22	2.79	$980
Feb 2018	39	0	61.78	2.77	$2,409
Jan 2018	64	0	62.87	4.01	$4,024
Dec 2017	15	0	57.27	2.92	$859
Nov 2017	30	0	55.42	3.12	$1,663
Oct 2017	26	0	49.29	2.98	$1,282
Sep 2017	21	0	47.52	3.09	$998
Aug 2017	24	0	45.37	3.00	$1,089
Jul 2017	23	17	43.87	3.09	$1,061
Jun 2017	28	19	42.49	3.09	$1,248
May 2017	49	54	45.37	3.26	$2,399
Apr 2017	26	15	47.93	3.21	$1,294
Mar 2017	50	64	46.77	2.98	$2,529
Feb 2017	11	53	50.45	2.95	$711
Jan 2017	13	0	49.41	3.42	$642
Dec 2016	25	27	48.76	3.72	$1,320
Nov 2016	55	61	42.49	2.64	$2,498
Oct 2016	8	67	46.19	3.09	$577
Sep 2016	29	27	41.55	3.10	$1,289
Aug 2016	45	57	41.44	2.92	$2,031
Jul 2016	35	84	41.62	2.92	$1,702
Jun 2016	93	81	45.35	2.69	$4,435
May 2016	113	98	42.52	1.99	$5,000
Apr 2016	3	168	36.56	1.99	$444
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	4	0	42.99	2.76	$172
Aug 2015	23	36	40.16	2.87	$1,027
Jul 2015	86	223	48.15	2.95	$4,798
Jun 2015	46	152	56.15	2.88	$3,021
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	1	49.82	2.71	$3
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	12	22	44.66	2.98	$601
Jan 2015	27	39	43.43	3.10	$1,294
Dec 2014	64	79	54.69	3.59	$3,784
Nov 2014	72	99	70.46	4.25	$5,494
Oct 2014	75	60	78.30	3.90	$6,107
Sep 2014	32	70	86.16	4.05	$3,040
Aug 2014	0	71	89.39	4.04	$286
Jul 2014	10	46	96.56	4.18	$1,158
Jun 2014	39	38	98.16	4.74	$4,008
May 2014	46	53	94.73	4.73	$4,608
Apr 2014	48	42	95.94	4.81	$4,807
Mar 2014	39	34	95.89	5.06	$3,912
Feb 2014	0	37	97.40	6.19	$229
Jan 2014	46	56	90.40	4.86	$4,431
Dec 2013	47	33	91.82	4.35	$4,459
Nov 2013	54	34	88.85	3.74	$4,925
Oct 2013	0	45	97.42	3.78	$170
Sep 2013	26	31	104.11	3.72	$2,822
Aug 2013	44	30	104.25	3.52	$4,693
Jul 2013	41	26	102.52	3.72	$4,300
Jun 2013	47	22	94.40	3.93	$4,523
May 2013	49	27	94.83	4.15	$4,759
Apr 2013	0	33	93.96	4.28	$141
Mar 2013	49	39	93.62	3.91	$4,740
Feb 2013	69	37	91.23	3.42	$6,421
Jan 2013	38	44	91.60	3.42	$3,631
Dec 2012	0	44	86.77	3.42	$150
Nov 2012	34	37	86.95	3.62	$3,090
Oct 2012	40	48	89.38	3.40	$3,738
Sep 2012	59	42	94.67	2.92	$5,708
Aug 2012	39	28	92.66	2.91	$3,695
Jul 2012	25	31	85.13	3.02	$2,222
Jun 2012	58	33	79.82	2.52	$4,713
May 2012	19	56	91.61	2.49	$1,880
Apr 2012	38	47	101.65	2.00	$3,957
Mar 2012	48	40	105.05	2.22	$5,131
Feb 2012	30	32	101.10	2.57	$3,115
Jan 2012	53	31	98.09	2.73	$5,284
Dec 2011	36	39	96.87	3.24	$3,614
Nov 2011	30	36	95.72	3.31	$2,991
Oct 2011	50	42	84.98	3.65	$4,402
Sep 2011	26	41	83.62	3.99	$2,338
Aug 2011	33	50	83.40	4.15	$2,960
Jul 2011	35	45	94.14	4.52	$3,498
Jun 2011	70	55	92.90	4.64	$6,758
May 2011	38	56	98.13	4.40	$3,976
Apr 2011	72	42	105.96	4.33	$7,811
Mar 2011	31	48	96.36	4.06	$3,182
Feb 2011	62	13	85.64	4.18	$5,364
Jan 2011	29	27	86.50	4.59	$2,632
Dec 2010	67	31	85.73	4.35	$5,879
Nov 2010	72	41	80.84	3.80	$5,976
Oct 2010	19	44	78.10	3.51	$1,638
Sep 2010	59	36	72.63	3.98	$4,428
Aug 2010	73	33	73.68	4.42	$5,524
Jul 2010	49	36	72.55	4.74	$3,725
Jun 2010	27	27	70.36	4.91	$2,032
May 2010	91	42	71.12	4.24	$6,650
Apr 2010	15	44	81.69	4.12	$1,407
Mar 2010	76	45	78.39	4.39	$6,155
Feb 2010	66	36	73.58	5.44	$5,052
Jan 2010	32	42	74.36	5.96	$2,630
Dec 2009	70	33	71.44	5.48	$5,182
Nov 2009	68	42	74.59	3.75	$5,230
Oct 2009	43	48	72.54	4.11	$3,317
Sep 2009	69	42	65.54	3.06	$4,651
Aug 2009	49	50	67.42	3.22	$3,465
Jul 2009	47	49	61.13	3.46	$3,043
Jun 2009	50	43	66.16	3.90	$3,475
May 2009	45	46	54.74	3.93	$2,644
Apr 2009	42	29	46.77	3.59	$2,068
Mar 2009	41	38	42.14	4.06	$1,882
Feb 2009	90	29	32.81	4.63	$3,087
Jan 2009	41	34	35.86	5.37	$1,653
Dec 2008	66	34	37.10	5.98	$2,652
Nov 2008	56	43	55.49	6.86	$3,402
Oct 2008	56	43	75.24	6.92	$4,511
Sep 2008	80	50	101.76	7.88	$8,535
Aug 2008	58	47	114.22	8.48	$7,023
Jul 2008	15	28	131.08	11.39	$2,285
Jun 2008	38	23	131.33	13.03	$5,290
May 2008	34	26	123.17	11.57	$4,489
Apr 2008	85	43	110.31	10.45	$9,826
Mar 2008	56	54	101.90	9.66	$6,228
Feb 2008	81	46	92.53	8.77	$7,898
Jan 2008	54	56	90.38	8.21	$5,340
Dec 2007	90	57	88.33	7.30	$8,366
Nov 2007	66	45	91.67	7.29	$6,378
Oct 2007	67	34	82.85	6.92	$5,786
Sep 2007	43	27	75.84	6.24	$3,430
Aug 2007	91	25	69.06	6.39	$6,444
Jul 2007	69	38	70.90	6.39	$5,135
Jun 2007	77	38	62.00	7.55	$5,061
May 2007	47	61	58.74	7.85	$3,239
Apr 2007	29	41	59.61	7.81	$2,049
Mar 2007	78	65	56.92	7.30	$4,914
Feb 2007	54	42	55.10	8.22	$3,320
Jan 2007	50	47	50.30	6.73	$2,831
Dec 2006	61	60	56.65	6.92	$3,871
Nov 2006	99	58	54.20	7.62	$5,808
Oct 2006	55	43	54.90	6.01	$3,278
Sep 2006	88	46	60.08	5.04	$5,519
Aug 2006	100	54	68.71	7.34	$7,267
Jul 2006	83	59	69.37	6.34	$6,132
Jun 2006	97	67	66.28	6.38	$6,857
May 2006	67	13	66.01	6.42	$4,506
Apr 2006	83	26	64.39	7.36	$5,536
Mar 2006	66	34	56.70	7.08	$3,983
Feb 2006	74	21	57.59	7.75	$4,424
Jan 2006	73	15	60.59	8.93	$4,557
Dec 2005	107	35	54.94	13.42	$6,348
Nov 2005	95	63	54.69	10.59	$5,863
Oct 2005	69	51	58.34	13.80	$4,729
Sep 2005	105	34	61.45	12.08	$6,863
Aug 2005	74	34	61.51	9.80	$4,885
Jul 2005	67	38	55.69	7.84	$4,029
Jun 2005	77	29	52.33	7.38	$4,243
May 2005	92	30	45.22	6.65	$4,360
Apr 2005	81	34	49.20	7.36	$4,235
Mar 2005	81	41	50.37	7.15	$4,373
Feb 2005	95	30	45.22	6.31	$4,485
Jan 2005	89	48	43.16	6.32	$4,145
Dec 2004	71	42	39.86	6.75	$3,114
Nov 2004	97	34	45.28	6.33	$4,607
Oct 2004	78	37	49.70	6.52	$4,118
Sep 2004	54	26	43.24	5.28	$2,472
Aug 2004	140	17	42.37	5.55	$6,026
Jul 2004	98	18	38.28	6.08	$3,861
Jun 2004	76	17	36.10	6.43	$2,853
May 2004	149	24	37.48	6.49	$5,740
Apr 2004	95	29	34.47	5.86	$3,445
Mar 2004	103	44	34.36	5.53	$3,782
Feb 2004	78	54	32.45	5.51	$2,829
Jan 2004	80	36	32.03	6.30	$2,789
Dec 2003	78	48	30.26	6.30	$2,663
Nov 2003	118	57	28.80	4.60	$3,660
Oct 2003	75	58	28.17	4.76	$2,389
Sep 2003	83	57	26.31	4.75	$2,454
Aug 2003	80	74	29.76	5.13	$2,760
Jul 2003	115	69	29.41	5.17	$3,739
Jun 2003	104	70	28.56	5.98	$3,389
May 2003	58	71	26.59	5.97	$1,966
Apr 2003	68	26	26.67	5.41	$1,954
Mar 2003	130	65	31.14	6.10	$4,444
Feb 2003	114	71	33.48	7.93	$4,379
Jan 2003	138	93	30.31	5.58	$4,702
Dec 2002	126	82	26.91	4.85	$3,789
Nov 2002	160	85	24.66	4.14	$4,297
Oct 2002	122	107	26.46	4.23	$3,681
Sep 2002	127	109	27.44	3.64	$3,881
Aug 2002	166	98	25.96	3.16	$4,619
Jul 2002	108	115	24.58	3.06	$3,007
Jun 2002	70	127	23.73	3.34	$2,085
May 2002	75	123	24.66	3.58	$2,290
Apr 2002	75	99	23.65	3.51	$2,121
Mar 2002	53	87	22.00	3.10	$1,436
Feb 2002	75	97	18.22	2.38	$1,597
Jan 2002	87	63	17.17	2.38	$1,643
Dec 2001	100	65	16.93	2.36	$1,847
Nov 2001	64	88	18.07	2.41	$1,368
Oct 2001	102	84	19.78	2.53	$2,230
Sep 2001	64	91	24.26	2.25	$1,758
Aug 2001	112	107	24.87	3.05	$3,112
Jul 2001	193	124	23.93	3.20	$5,015
Jun 2001	46	201	24.56	3.82	$1,898
May 2001	0	0	25.52	4.31	$0
Apr 2001	11	29	24.68	5.34	$426
Mar 2001	60	96	24.54	5.38	$1,989
Feb 2001	106	132	27.75	5.77	$3,703
Jan 2001	109	111	27.47	8.40	$3,926
Dec 2000	101	107	26.88	9.12	$3,691
Nov 2000	111	118	32.21	5.66	$4,243
Oct 2000	117	139	31.23	5.15	$4,369
Sep 2000	71	106	31.87	5.19	$2,813
Aug 2000	92	130	29.64	4.54	$3,317
Jul 2000	112	127	28.53	4.09	$3,715
Jun 2000	81	99	29.30	4.40	$2,809
May 2000	93	123	27.26	3.68	$2,988
Apr 2000	118	136	24.51	3.12	$3,316
Mar 2000	77	109	28.42	2.86	$2,500
Feb 2000	127	142	27.62	2.73	$3,895
Jan 2000	147	133	25.27	2.48	$4,045
Dec 1999	109	135	24.28	2.42	$2,974
Nov 1999	120	72	23.19	2.43	$2,958
Oct 1999	130	208	20.98	2.80	$3,311
Sep 1999	138	235	21.75	2.62	$3,617
Aug 1999	99	260	19.26	2.88	$2,654
Jul 1999	164	259	17.89	2.37	$3,548
Jun 1999	130	187	15.94	2.36	$2,514
May 1999	74	32	15.79	2.32	$1,243
Apr 1999	120	203	15.10	2.21	$2,260
Mar 1999	142	220	12.47	1.84	$2,175
Feb 1999	125	187	9.98	1.82	$1,587
Jan 1999	136	180	10.38	1.90	$1,754
Dec 1998	171	196	9.20	1.77	$1,921
Nov 1998	95	220	10.89	2.19	$1,515
Oct 1998	87	107	12.42	1.97	$1,291
Sep 1998	159	232	12.59	2.08	$2,485
Aug 1998	133	247	11.30	1.91	$1,974
Jul 1998	199	303	11.74	2.24	$3,014

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                   74 bbl  × $ 55.05 =     $4,074
Casinghead gas         0 Mcf  × $  2.66 =         $0

────────────────────────────────────────────────────
Month total                                   $4,074

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/35841 is the state's own key, not one this site invented.