BAILEY, S. R.

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the BRIDGEPORT (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 117771District 09Field 11887830NGPA filingGasSaveExport
Value, all time
$208 k
Jan 1993 – Nov 2012
Value, last 12 filed months
$0
at the published price for each month
Months reported
239
no gaps in the span
Streams
1
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 21 leases and 21 wells, and the rule below applies to all of them.

Discovered
1957-06-30
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: THIS FIELD UNDER COUNTY REGULAR RULES

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

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.

StreamBasisVolumeValue
GasProduction80,188 Mcf$208,295
Total$208,295

28,919 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 (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 33.2524, -97.7458. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.25244, -97.74582 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
4,150 ft
1 wells filed one
Completion to plug
21 months
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 4,150 ft.

Completions filed
Feb 2011
1 of 1 wells
Plug dates filed
Nov 2012
1 of 1 wells

Last completion to plug: a median of 21 months across the 1 well that filed both dates, with the middle half between 21 months and 21 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973304244,150 ftFeb 2011Nov 2012Yes

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 (239)

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

239 months

Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 20104080.843.80$152
Oct 20106678.103.51$232
Sep 20104572.633.98$179
Aug 20104473.684.42$194
Jul 20104872.554.74$227
Jun 20103170.364.91$152
May 20104571.124.24$191
Apr 20104581.694.12$186
Mar 20105978.394.39$259
Feb 20104573.585.44$245
Jan 20105474.365.96$322
Dec 20094071.445.48$219
Nov 20093174.593.75$116
Oct 20095072.544.11$206
Sep 20097465.543.06$227
Aug 20096967.423.22$222
Jul 20098361.133.46$288
Jun 20096966.163.90$269
May 20096254.743.93$243
Apr 20097746.773.59$276
Mar 200912942.144.06$524
Feb 20099032.814.63$417
Jan 20098935.865.37$478
Dec 20087637.105.98$454
Nov 200810855.496.86$741
Oct 200811975.246.92$824
Sep 2008125101.767.88$985
Aug 2008124114.228.48$1,052
Jul 2008139131.0811.39$1,583
Jun 2008143131.3313.03$1,864
May 2008160123.1711.57$1,852
Apr 2008115110.3110.45$1,202
Mar 2008108101.909.66$1,044
Feb 200810692.538.77$930
Jan 200810190.388.21$829
Dec 200711788.337.30$854
Nov 200711391.677.29$824
Oct 20079982.856.92$685
Sep 20079375.846.24$581
Aug 20075969.066.39$377
Jul 20079070.906.39$575
Jun 200710062.007.55$755
May 20079758.747.85$761
Apr 20078659.617.81$671
Mar 20074456.927.30$321
Feb 200719055.108.22$1,561
Jan 200711250.306.73$753
Dec 200611056.656.92$761
Nov 200610154.207.62$769
Oct 200610154.906.01$607
Sep 200614560.085.04$730
Aug 200619868.717.34$1,453
Jul 200619369.376.34$1,224
Jun 200618966.286.38$1,207
May 200618166.016.42$1,163
Apr 200616964.397.36$1,244
Mar 200611356.707.08$800
Feb 200610057.597.75$775
Jan 200611160.598.93$992
Dec 20059454.9413.42$1,261
Nov 200513254.6910.59$1,398
Oct 200514758.3413.80$2,028
Sep 200514861.4512.08$1,788
Aug 200520461.519.80$1,999
Jul 200523155.697.84$1,812
Jun 200525252.337.38$1,860
May 200524945.226.65$1,656
Apr 200522349.207.36$1,641
Mar 200516550.377.15$1,181
Feb 200521445.226.31$1,351
Jan 200518943.166.32$1,195
Dec 200417139.866.75$1,154
Nov 200416245.286.33$1,026
Oct 200420249.706.52$1,316
Sep 200421343.245.28$1,125
Aug 200425242.375.55$1,399
Jul 200424938.286.08$1,515
Jun 200422636.106.43$1,454
May 200423237.486.49$1,507
Apr 200421034.475.86$1,230
Mar 200423834.365.53$1,316
Feb 200426732.455.51$1,471
Jan 200432132.036.30$2,022
Dec 200332730.266.30$2,061
Nov 200331128.804.60$1,429
Oct 200327028.174.76$1,285
Sep 200324126.314.75$1,145
Aug 200322229.765.13$1,139
Jul 200325729.415.17$1,329
Jun 200328728.565.98$1,717
May 200328126.595.97$1,678
Apr 200328826.675.41$1,557
Mar 200329931.146.10$1,823
Feb 200328833.487.93$2,283
Jan 200336630.315.58$2,043
Dec 200233426.914.85$1,621
Nov 200230624.664.14$1,266
Oct 200245726.464.23$1,933
Sep 200240127.443.64$1,458
Aug 200230025.963.16$949
Jul 200230624.583.06$937
Jun 200231823.733.34$1,062
May 200234824.663.58$1,247
Apr 200233223.653.51$1,166
Mar 200232922.003.10$1,021
Feb 200228118.222.38$668
Jan 200230417.172.38$722
Dec 200130516.932.36$721
Nov 200129718.072.41$714
Oct 200129019.782.53$733
Sep 200127924.262.25$628
Aug 200130924.873.05$943
Jul 200140823.933.20$1,304
Jun 200141624.563.82$1,591
May 200143325.524.31$1,865
Apr 200137524.685.34$2,001
Mar 200142924.545.38$2,306
Feb 200140627.755.77$2,341
Jan 200143427.478.40$3,645
Dec 200042526.889.12$3,877
Nov 200051832.215.66$2,931
Oct 200059831.235.15$3,077
Sep 200054931.875.19$2,847
Aug 200057129.644.54$2,593
Jul 200058328.534.09$2,384
Jun 200056229.304.40$2,471
May 200056527.263.68$2,079
Apr 200056924.513.12$1,773
Mar 200059428.422.86$1,699
Feb 200055527.622.73$1,513
Jan 200056425.272.48$1,399
Dec 199958024.282.42$1,406
Nov 199956723.192.43$1,380
Oct 199958720.982.80$1,646
Sep 199958321.752.62$1,527
Aug 199956419.262.88$1,622
Jul 199960117.892.37$1,426
Jun 199959115.942.36$1,396
May 199960215.792.32$1,397
Apr 199958715.102.21$1,296
Mar 199960812.471.84$1,118
Feb 19995479.981.82$994
Jan 199960510.381.90$1,149
Dec 19985909.201.77$1,046
Nov 199859110.892.19$1,292
Oct 199863412.421.97$1,248
Sep 199860912.592.08$1,268
Aug 199864311.301.91$1,226
Jul 199864611.742.24$1,445
Jun 199862111.242.24$1,389
May 199863912.622.21$1,410
Apr 199860313.042.51$1,511
Mar 199864112.802.31$1,480
Feb 199858913.952.30$1,354
Jan 199865214.702.15$1,405
Dec 199765416.322.41$1,577
Nov 199764818.193.09$2,001
Oct 199770119.253.15$2,208
Sep 199772317.742.95$2,136
Aug 199776417.862.55$1,952
Jul 199787417.582.25$1,964
Jun 199757617.242.26$1,300
May 199758118.972.31$1,341
Apr 199753017.882.08$1,104
Mar 199753218.951.94$1,032
Feb 199747020.492.21$1,037
Jan 199753823.483.54$1,904
Dec 199654423.32$0
Nov 199654121.97$0
Oct 199657923.31$0
Sep 199655022.22$0
Aug 199657920.26$0
Jul 199657819.55$0
Jun 199652218.73$0
May 199669619.43$0
Apr 199656621.51$0
Mar 199655719.38$0
Feb 199655316.98$0
Jan 199657217.07$0
Dec 199559417.19$0
Nov 199576016.00$0
Oct 199512915.43$0
Sep 199554916.18$0
Aug 199561015.92$0
Jul 199557315.24$0
Jun 199556116.41$0
May 199561417.56$0
Apr 199559117.73$0
Mar 199557816.44$0
Feb 199552816.58$0
Jan 199548215.92$0
Dec 199454715.03$0
Nov 199455915.90$0
Oct 199461915.58$0
Sep 199461715.29$0
Aug 199463516.13$0
Jul 199461217.56$0
Jun 199461117.09$0
May 199464815.88$0
Apr 199462014.14$0
Mar 199462612.46$0
Feb 199456812.50$0
Jan 199462512.66$0
Dec 199363812.33$0
Nov 199362614.49$0
Oct 199376815.85$0
Sep 199366415.03$0
Aug 199362915.66$0
Jul 199369415.46$0
Jun 199368716.79$0
May 199370617.68$0
Apr 199368718.05$0
Mar 199373518.14$0
Feb 199366817.90$0
Jan 199372416.93$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.

Nov 2010 — as filed, then multipliedworked
Gas                   40 Mcf  × $  3.80 =       $152

────────────────────────────────────────────────────
Month total                                     $152

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. 09/G/117771 is the state's own key, not one this site invented.