BAILEY

Operated by R2Q OPERATING LLC (P-5 687719) in the WICHITA COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 5425District 09Field 97155001OilCasinghead gasSaveExport
Value, all time
$5.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$144 k
at the published price for each month
Months reported
401
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 1,994 leases and 19,278 wells, and the rule below applies to all of them.

Discovered
1910-12-31
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
OilDisposition115,682 bbl$5,118,931
Casinghead gasProduction24 Mcf$0
Total$5,118,931

24 Mcf of this lease's gas, across 24 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 (33)

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 33.8645, -98.8044. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.4 miles.

33.85878, -98.80381 · 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
72.7%
24 of 33 wells
With a plug date
72.7%
24 of 33 wells
Median depth
1,769 ft
32 wells filed one
Completion to plug
22.8 years
median over 6 wells

What the state filed about each well

On the RRC proration schedule
2472.7%
A plug date is filed
2472.7%
BothOn the schedule and plugged. Neither fact cancels the other.
2472.7%
NeitherNo plug date, and not on the schedule.
927.3%

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

Total depth in feet, 32 of 33 wells. Median 1,769 ft, with the middle half between 1,744 and 1,804 ft; the shallowest is 1,200 ft and the deepest 1,886 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 14 of 33 wells, May 1967 – May 2004. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1967 – May 2004
14 of 33 wells; 19 filed none
Plug dates filed
Dec 1989 – Aug 2025
24 of 33 wells; 9 filed none

Last completion to plug: a median of 22.8 years across the 6 wells that filed both dates, with the middle half between 17.2 years and 24.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

33 wells

42-48501509131,768 ftJul 1996Yes
42-48520748211,773 ftFeb 2013Yes
42-48520755181,740 ftMay 1992Yes
42-48520756171,744 ftJan 2013Yes
42-4858402511,774 ftNov 1992Yes
42-4858402621,754 ftMay 1992Yes
42-4858402731,800 ftApr 1992Yes
42-4858402841,768 ftMay 1992Yes
42-4858402951,200 ftApr 1992Yes
42-4858403061,750 ftApr 1992Yes
42-4858403171,753 ftFeb 2013Yes
42-4858403281,240 ftApr 1992Yes
42-4858403391,740 ftApr 1992Yes
42-48584034101,235 ftFeb 2013Yes
42-48584035111,770 ftMay 1992Yes
42-48584037141,734 ftFeb 2013Yes
42-48584038151,755 ftMay 1992Yes
42-48584039161,744 ftMar 2013Yes
42-4853036023
42-4854263333L1,886 ftMay 2004
42-48543349361,787 ftNov 1997Feb 2013Yes
42-48543347351,802 ftNov 1997
42-48543348341,820 ftNov 1997Mar 2013Yes
42-4854263131L1,868 ftAug 1992
42-4854263232L1,866 ftAug 1992
42-4854195030L1,817 ftSep 1989Aug 2025Yes
42-4854181128L1,820 ftJul 1989
42-4854177227L1,810 ftOct 1988Apr 2013Yes
42-4854167126L1,800 ftMar 1988
42-4854165625L1,858 ftMar 1988
42-48532090241,792 ftMar 1975
42-48530174191,280 ftMay 1969May 1992Yes
42-48520754201,760 ftMay 1967Dec 1989Yes

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 (401)

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

401 months

May 202600106.413.05$0
Apr 2026166098.932.87$16,422
Mar 2026173089.753.15$15,527
Feb 2026331063.503.75$21,019
Jan 2026167059.138.00$9,875
Dec 2025170056.664.41$9,632
Nov 2025346058.593.93$20,272
Oct 2025175059.383.30$10,392
Sep 2025144062.743.08$9,035
Aug 2025147063.933.01$9,398
Jul 2025169066.743.32$11,279
Jun 2025169066.483.13$11,235
May 2025299060.553.23$18,104
Apr 2025171062.363.54$10,664
Mar 2025111067.704.27$7,515
Feb 2025230070.884.34$16,302
Jan 2025164074.324.28$12,188
Dec 2024307068.993.12$21,180
Nov 2024151069.052.20$10,427
Oct 2024166071.372.28$11,847
Sep 202493069.612.36$6,474
Aug 2024162075.632.06$12,252
Jul 2024223079.932.15$17,824
Jun 2024172078.082.63$13,430
May 2024153078.812.20$12,058
Apr 2024253084.451.66$21,366
Mar 2024172080.301.55$13,812
Feb 2024115076.091.78$8,750
Jan 2024209073.023.30$15,261
Dec 2023343071.262.61$24,442
Nov 2023172077.892.81$13,397
Oct 2023171085.443.09$14,610
Sep 2023170089.042.74$15,137
Aug 2023170080.522.67$13,688
Jul 2023173074.852.64$12,949
Jun 2023336068.962.26$23,171
May 2023170070.622.23$12,005
Apr 202399078.122.24$7,734
Mar 2023154072.852.39$11,219
Feb 2023170075.112.47$12,769
Jan 2023172076.533.39$13,163
Dec 2022167076.415.73$12,760
Nov 2022169085.005.65$14,365
Oct 2022162087.185.86$14,123
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 20223360101.587.54$34,131
Jun 202200115.097.98$0
May 20221690109.378.43$18,484
Apr 20221690104.226.84$17,613
Mar 202200108.885.08$0
Feb 2022336091.054.86$30,593
Jan 2022167081.844.54$13,667
Dec 2021168071.323.90$11,982
Nov 2021172077.435.24$13,318
Oct 2021172079.795.71$13,724
Sep 2021175069.865.35$12,226
Aug 2021171066.024.22$11,289
Jul 2021172070.783.98$12,174
Jun 2021343069.493.38$23,835
May 2021152063.483.02$9,649
Apr 2021168060.362.76$10,140
Mar 2021338061.302.72$20,719
Feb 20210057.805.55$0
Jan 2021166050.412.81$8,368
Dec 2020267044.642.68$11,919
Nov 2020162038.772.71$6,281
Oct 2020165036.972.48$6,100
Sep 2020317037.091.99$11,758
Aug 2020152039.982.39$6,077
Jul 2020167038.371.83$6,408
Jun 2020168034.901.69$5,863
May 2020162016.921.81$2,741
Apr 2020222014.751.80$3,275
Mar 2020249030.341.86$7,555
Feb 2020335049.881.98$16,710
Jan 20200057.252.09$0
Dec 2019273059.012.30$16,110
Nov 2019250055.302.75$13,825
Oct 2019167053.472.42$8,929
Sep 2019155055.052.66$8,533
Aug 2019257053.112.30$13,649
Jul 2019165056.272.46$9,285
Jun 2019165052.782.49$8,709
May 2019340058.482.74$19,883
Apr 2019171062.632.75$10,710
Mar 2019173056.803.06$9,826
Feb 2019148050.852.79$7,526
Jan 2019286046.033.23$13,165
Dec 2018171046.594.19$7,967
Nov 2018173052.934.24$9,157
Oct 2018167061.443.40$10,260
Sep 2018162059.543.11$9,645
Aug 2018170059.403.07$10,098
Jul 2018168065.142.93$10,944
Jun 2018251060.183.08$15,105
May 2018150065.382.90$9,807
Apr 2018329063.842.90$21,003
Mar 2018167061.222.79$10,224
Feb 2018162061.782.77$10,008
Jan 2018169062.874.01$10,625
Dec 2017330057.272.92$18,899
Nov 2017166055.423.12$9,200
Oct 2017168049.292.98$8,281
Sep 2017175047.523.09$8,316
Aug 2017168045.373.00$7,622
Jul 2017170043.873.09$7,458
Jun 2017219042.493.09$9,305
May 2017170045.373.26$7,713
Apr 2017279047.933.21$13,372
Mar 2017156046.772.98$7,296
Feb 2017172050.452.95$8,677
Jan 2017169049.413.42$8,350
Dec 2016294048.763.72$14,335
Nov 2016166042.492.64$7,053
Oct 2016173046.193.09$7,991
Sep 2016162041.553.10$6,731
Aug 2016159041.442.92$6,589
Jul 2016231041.622.92$9,614
Jun 2016200045.352.69$9,070
May 2016259042.521.99$11,013
Apr 2016165036.561.99$6,032
Mar 2016335033.011.79$11,058
Feb 2016167026.472.06$4,420
Jan 2016327027.352.36$8,943
Dec 2015164032.362.00$5,307
Nov 2015334038.792.17$12,956
Oct 2015168043.552.43$7,316
Sep 2015192042.992.76$8,254
Aug 2015279040.162.87$11,205
Jul 2015367048.152.95$17,671
Jun 2015184056.152.88$10,332
May 2015175055.212.96$9,662
Apr 2015384049.822.71$19,131
Mar 2015188042.892.93$8,063
Feb 2015196044.662.98$8,753
Jan 2015338043.433.10$14,679
Dec 2014193054.693.59$10,555
Nov 2014181070.464.25$12,753
Oct 2014384078.303.90$30,067
Sep 2014189086.164.05$16,284
Aug 2014190089.394.04$16,984
Jul 2014348096.564.18$33,603
Jun 2014188098.164.74$18,454
May 2014188094.734.73$17,809
Apr 2014371095.944.81$35,594
Mar 2014188095.895.06$18,027
Feb 2014196097.406.19$19,090
Jan 2014373090.404.86$33,719
Dec 2013193091.824.35$17,721
Nov 2013191088.853.74$16,970
Oct 2013175097.423.78$17,049
Sep 20133560104.113.72$37,063
Aug 20131800104.253.52$18,765
Jul 20133410102.523.72$34,959
Jun 2013192094.403.93$18,125
May 2013179094.834.15$16,975
Apr 2013189093.964.28$17,758
Mar 2013343093.623.91$32,112
Feb 2013190091.233.42$17,334
Jan 2013388091.603.42$35,541
Dec 2012186086.773.42$16,139
Nov 2012192086.953.62$16,694
Oct 2012194089.383.40$17,340
Sep 2012194094.672.92$18,366
Aug 2012334092.662.91$30,948
Jul 2012180085.133.02$15,323
Jun 2012338079.822.52$26,979
May 2012187091.612.49$17,131
Apr 20123170101.652.00$32,223
Mar 20123310105.052.22$34,772
Feb 20121900101.102.57$19,209
Jan 2012341098.092.73$33,449
Dec 2011333096.873.24$32,258
Nov 2011194095.723.31$18,570
Oct 2011333084.983.65$28,298
Sep 2011195083.623.99$16,306
Aug 2011330083.404.15$27,522
Jul 2011175094.144.52$16,475
Jun 2011359092.904.64$33,351
May 2011190098.134.40$18,645
Apr 20113580105.964.33$37,934
Mar 2011322096.364.06$31,028
Feb 2011168085.644.18$14,388
Jan 2011161086.504.59$13,927
Dec 2010360085.734.35$30,863
Nov 2010190080.843.80$15,360
Oct 2010377078.103.51$29,444
Sep 2010161072.633.98$11,693
Aug 2010330073.684.42$24,314
Jul 2010359072.554.74$26,045
Jun 2010363070.364.91$25,541
May 2010189071.124.24$13,442
Apr 2010178081.694.12$14,541
Mar 2010156078.394.39$12,229
Feb 2010187073.585.44$13,759
Jan 2010187074.365.96$13,905
Dec 2009165071.445.48$11,788
Nov 2009169074.593.75$12,606
Oct 2009176072.544.11$12,767
Sep 2009343065.543.06$22,480
Aug 2009181067.423.22$12,203
Jul 2009189061.133.46$11,554
Jun 2009189066.163.90$12,504
May 2009354054.743.93$19,378
Apr 2009189046.773.59$8,840
Mar 2009156042.144.06$6,574
Feb 2009345032.814.63$11,319
Jan 2009184035.865.37$6,598
Dec 2008274037.105.98$10,165
Nov 2008197055.496.86$10,932
Oct 2008184075.246.92$13,844
Sep 20083550101.767.88$36,125
Aug 200800114.228.48$0
Jul 20083590131.0811.39$47,058
Jun 20081720131.3313.03$22,589
May 20083580123.1711.57$44,095
Apr 20081710110.3110.45$18,863
Mar 20081940101.909.66$19,769
Feb 2008386092.538.77$35,717
Jan 2008161090.388.21$14,551
Dec 2007324088.337.30$28,619
Nov 2007174091.677.29$15,951
Oct 2007307082.856.92$25,435
Sep 2007482075.846.24$36,555
Aug 2007158069.066.39$10,911
Jul 2007345070.906.39$24,461
Jun 2007303062.007.55$18,786
May 2007358058.747.85$21,029
Apr 2007177059.617.81$10,551
Mar 2007355056.927.30$20,207
Feb 2007352055.108.22$19,395
Jan 2007363050.306.73$18,259
Dec 2006173056.656.92$9,800
Nov 2006369054.207.62$20,000
Oct 2006352054.906.01$19,325
Sep 2006228060.085.04$13,698
Aug 2006321068.717.34$22,056
Jul 2006319069.376.34$22,129
Jun 2006354066.286.38$23,463
May 2006364066.016.42$24,028
Apr 2006172064.397.36$11,075
Mar 2006352056.707.08$19,958
Feb 2006182057.597.75$10,481
Jan 2006181060.598.93$10,967
Dec 2005377054.9413.42$20,712
Nov 2005185054.6910.59$10,118
Oct 2005360058.3413.80$21,002
Sep 2005180061.4512.08$11,061
Aug 2005177061.519.80$10,887
Jul 2005178055.697.84$9,913
Jun 2005350052.337.38$18,316
May 2005169045.226.65$7,642
Apr 2005179049.207.36$8,807
Mar 2005362050.377.15$18,234
Feb 20050045.226.31$0
Jan 2005180043.166.32$7,769
Dec 2004357039.866.75$14,230
Nov 20040045.286.33$0
Oct 2004353049.706.52$17,544
Sep 2004175043.245.28$7,567
Aug 2004368042.375.55$15,592
Jul 2004379038.286.08$14,508
Jun 2004188036.106.43$6,787
May 2004558037.486.49$20,914
Apr 2004180034.475.86$6,205
Mar 2004182034.365.53$6,254
Feb 2004178032.455.51$5,776
Jan 2004321032.036.30$10,282
Dec 2003370030.266.30$11,196
Nov 2003508028.804.60$14,630
Oct 20030028.174.76$0
Sep 2003374026.314.75$9,840
Aug 2003323029.765.13$9,612
Jul 2003325029.415.17$9,558
Jun 2003259028.565.98$7,397
May 2003262026.595.97$6,967
Apr 2003331026.675.41$8,828
Mar 2003377031.146.10$11,740
Feb 2003197033.487.93$6,596
Jan 2003737030.315.58$22,338
Dec 2002380026.914.85$10,226
Nov 2002519024.664.14$12,799
Oct 2002524026.464.23$13,865
Sep 200248027.443.64$1,317
Aug 2002356025.963.16$9,242
Jul 2002345024.583.06$8,480
Jun 2002357023.733.34$8,472
May 2002345024.663.58$8,508
Apr 2002368023.653.51$8,703
Mar 2002178022.003.10$3,916
Feb 2002366018.222.38$6,669
Jan 2002369017.172.38$6,336
Dec 2001544016.932.36$9,210
Nov 2001358018.072.41$6,469
Oct 2001359019.782.53$7,101
Sep 2001183024.262.25$4,440
Aug 2001322024.873.05$8,008
Jul 2001363023.933.20$8,687
Jun 2001353024.563.82$8,670
May 2001335025.524.31$8,549
Apr 2001352024.685.34$8,687
Mar 2001178024.545.38$4,368
Feb 2001185027.755.77$5,134
Jan 2001362027.478.40$9,944
Dec 2000180026.889.12$4,838
Nov 2000346032.215.66$11,145
Oct 2000180031.235.15$5,621
Sep 2000340031.875.19$10,836
Aug 2000180029.644.54$5,335
Jul 2000312028.534.09$8,901
Jun 2000140029.304.40$4,102
May 2000359027.263.68$9,786
Apr 2000352024.513.12$8,628
Mar 2000351028.422.86$9,975
Feb 2000357027.622.73$9,860
Jan 2000542025.272.48$13,696
Dec 1999340024.282.42$8,255
Nov 1999350023.192.43$8,117
Oct 1999363020.982.80$7,616
Sep 1999347021.752.62$7,547
Aug 1999356019.262.88$6,857
Jul 1999351017.892.37$6,279
Jun 1999355015.942.36$5,659
May 1999358015.792.32$5,653
Apr 1999350015.102.21$5,285
Mar 1999356012.471.84$4,439
Feb 199930409.981.82$3,034
Jan 1999344010.381.90$3,571
Dec 199836109.201.77$3,321
Nov 1998359010.892.19$3,910
Oct 1998362012.421.97$4,496
Sep 1998285012.592.08$3,588
Aug 1998529011.301.91$5,978
Jul 1998456011.742.24$5,353
Jun 1998530011.242.24$5,957
May 1998349012.622.21$4,404
Apr 1998527013.042.51$6,872
Mar 1998691012.802.31$8,845
Feb 1998693013.952.30$9,667
Jan 1998723014.702.15$10,628
Dec 1997897016.322.41$14,639
Nov 1997894018.193.09$16,262
Oct 1997355019.253.15$6,834
Sep 1997387017.742.95$6,865
Aug 1997351017.862.55$6,269
Jul 1997381017.582.25$6,698
Jun 1997368017.242.26$6,344
May 1997338018.972.31$6,412
Apr 1997170017.882.08$3,040
Mar 1997384018.951.94$7,277
Feb 1997180020.492.21$3,688
Jan 1997558023.483.54$13,102
Dec 1996203023.32$4,734
Nov 1996346021.97$7,602
Oct 1996604023.31$14,079
Sep 1996321022.22$7,133
Aug 1996408020.26$8,266
Jul 1996209019.55$4,086
Jun 1996493018.73$9,234
May 1996485019.43$9,424
Apr 1996342021.51$7,356
Mar 1996424019.38$8,217
Feb 1996492016.98$8,354
Jan 1996496017.07$8,467
Dec 1995705017.19$12,119
Nov 1995549016.00$8,784
Oct 1995392015.43$6,049
Sep 1995545016.18$8,818
Aug 1995484015.92$7,705
Jul 1995380015.24$5,791
Jun 1995371016.41$6,088
May 1995519017.56$9,114
Apr 1995494017.73$8,759
Mar 1995635016.44$10,439
Feb 1995401016.58$6,649
Jan 1995602015.92$9,584
Dec 1994388115.03$5,832
Nov 1994406115.90$6,455
Oct 1994448115.58$6,980
Sep 1994449115.29$6,865
Aug 1994717116.13$11,565
Jul 1994695117.56$12,204
Jun 19940117.09$0
May 1994386115.88$6,130
Apr 1994388114.14$5,486
Mar 1994361112.46$4,498
Feb 1994368112.50$4,600
Jan 1994363112.66$4,596
Dec 1993734112.33$9,050
Nov 1993365114.49$5,289
Oct 1993735115.85$11,650
Sep 1993360115.03$5,411
Aug 1993711115.66$11,134
Jul 1993726115.46$11,224
Jun 1993730116.79$12,257
May 19931,074117.68$18,988
Apr 1993366118.05$6,606
Mar 1993713118.14$12,934
Feb 19931,092117.90$19,547
Jan 19931,073116.93$18,166

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                  166 bbl  × $ 98.93 =    $16,422
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $16,422

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/O/5425 is the state's own key, not one this site invented.