BAILEY -E-

Name: BAILEY -E- lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by RIO PETROLEUM, INC. (P-5 712840) in the THORNDIKE (HUNTON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 100234District 10Field 89560400NGPA filingCondensateGasSave Export

Value, all time

$6.1 M

Jan 1993 – Jul 2007

Value, last 12 filed months

$103 k

at the published price for each month

Months reported

175

no gaps in the span

Streams

condensate, gas

The THORNDIKE (HUNTON) 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 3 wells, and the rule below applies to all of them.

Discovered

1978-03-01

as the register files it

Field class

Gas

the register's own label

Between wells

2,640 ft

minimum

From a lease line

1,320 ft

minimum

A drilling unit in this field needs at least 640 acres.

The Commission's schedule remark for this field reads: “RULES EFF 9-1-79 PER ORDER #10-73060”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	25,900 bbl	$661,675
Gas	Production	1,702,415 Mcf	$5,471,040
Total			$6,132,715

545,597 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 35.5857, -100.5204. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.58574, -100.52044 · 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

100.0%

1 of 1 wells

Median depth

12,350 ft

1 wells filed one

Completion to plug

14.5 years

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 12,350 ft.

Completions filed

Apr 2007

1 of 1 wells

Plug dates filed

Oct 2021

1 of 1 wells

Last completion to plug: a median of 14.5 years across the 1 well that filed both dates, with the middle half between 14.5 years and 14.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-48331006	1	12,350 ft	Apr 2007	Oct 2021	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 (175)

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

175 months


Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	1,154	56.92	7.30	$8,426
Feb 2007	0	1,237	55.10	8.22	$10,163
Jan 2007	0	2,055	50.30	6.73	$13,824
Dec 2006	0	1,901	56.65	6.92	$13,152
Nov 2006	168	1,548	54.20	7.62	$20,897
Oct 2006	0	2,976	54.90	6.01	$17,897
Sep 2006	0	388	60.08	5.04	$1,954
Aug 2006	0	2,262	68.71	7.34	$16,603
Jul 2006	0	1,931	69.37	6.34	$12,248
Jun 2006	180	4,434	66.28	6.38	$40,237
May 2006	0	7,458	66.01	6.42	$47,918
Apr 2006	0	2,216	64.39	7.36	$16,311
Mar 2006	0	3,714	56.70	7.08	$26,306
Feb 2006	0	6,822	57.59	7.75	$52,878
Jan 2006	186	7	60.59	8.93	$11,332
Dec 2005	0	4,152	54.94	13.42	$55,701
Nov 2005	0	3,352	54.69	10.59	$35,492
Oct 2005	181	4,684	58.34	13.80	$75,179
Sep 2005	0	8,906	61.45	12.08	$107,576
Aug 2005	0	9,997	61.51	9.80	$97,939
Jul 2005	150	5,820	55.69	7.84	$54,003
Jun 2005	852	48,033	52.33	7.38	$399,119
May 2005	915	61,816	45.22	6.65	$452,524
Apr 2005	700	50,132	49.20	7.36	$403,436
Mar 2005	658	51,981	50.37	7.15	$405,061
Feb 2005	525	24,120	45.22	6.31	$175,984
Jan 2005	0	6,559	43.16	6.32	$41,467
Dec 2004	0	6,210	39.86	6.75	$41,924
Nov 2004	0	6,888	45.28	6.33	$43,604
Oct 2004	190	5,305	49.70	6.52	$44,006
Sep 2004	0	6,727	43.24	5.28	$35,545
Aug 2004	188	6,823	42.37	5.55	$45,838
Jul 2004	0	7,103	38.28	6.08	$43,216
Jun 2004	181	6,821	36.10	6.43	$50,414
May 2004	0	6,206	37.48	6.49	$40,305
Apr 2004	181	6,948	34.47	5.86	$46,944
Mar 2004	0	7,166	34.36	5.53	$39,629
Feb 2004	180	6,594	32.45	5.51	$42,171
Jan 2004	0	7,401	32.03	6.30	$46,624
Dec 2003	171	6,810	30.26	6.30	$48,089
Nov 2003	0	5,118	28.80	4.60	$23,518
Oct 2003	178	7,510	28.17	4.76	$40,759
Sep 2003	0	7,757	26.31	4.75	$36,841
Aug 2003	176	7,790	29.76	5.13	$45,198
Jul 2003	0	7,863	29.41	5.17	$40,658
Jun 2003	182	7,824	28.56	5.98	$52,009
May 2003	0	7,297	26.59	5.97	$43,583
Apr 2003	182	8,223	26.67	5.41	$49,318
Mar 2003	0	8,463	31.14	6.10	$51,591
Feb 2003	182	7,416	33.48	7.93	$64,872
Jan 2003	0	7,906	30.31	5.58	$44,132
Dec 2002	194	5,065	26.91	4.85	$29,805
Nov 2002	181	7,384	24.66	4.14	$35,011
Oct 2002	0	7,326	26.46	4.23	$30,983
Sep 2002	194	6,158	27.44	3.64	$27,709
Aug 2002	0	8,302	25.96	3.16	$26,269
Jul 2002	182	9,121	24.58	3.06	$32,400
Jun 2002	190	8,932	23.73	3.34	$34,326
May 2002	0	9,350	24.66	3.58	$33,510
Apr 2002	182	6,459	23.65	3.51	$26,990
Mar 2002	183	1,390	22.00	3.10	$8,339
Feb 2002	0	7,891	18.22	2.38	$18,746
Jan 2002	198	9,344	17.17	2.38	$25,598
Dec 2001	0	10,299	16.93	2.36	$24,351
Nov 2001	202	9,976	18.07	2.41	$27,648
Oct 2001	198	10,616	19.78	2.53	$30,763
Sep 2001	0	5,246	24.26	2.25	$11,810
Aug 2001	0	9,127	24.87	3.05	$27,866
Jul 2001	187	9,540	23.93	3.20	$34,975
Jun 2001	207	7,823	24.56	3.82	$35,000
May 2001	0	9,509	25.52	4.31	$40,958
Apr 2001	200	9,217	24.68	5.34	$54,112
Mar 2001	197	9,427	24.54	5.38	$55,518
Feb 2001	0	8,718	27.75	5.77	$50,277
Jan 2001	191	9,226	27.47	8.40	$82,734
Dec 2000	0	9,102	26.88	9.12	$83,033
Nov 2000	201	9,347	32.21	5.66	$59,360
Oct 2000	0	8,487	31.23	5.15	$43,670
Sep 2000	194	9,759	31.87	5.19	$56,798
Aug 2000	194	10,269	29.64	4.54	$52,379
Jul 2000	0	10,274	28.53	4.09	$42,018
Jun 2000	187	10,012	29.30	4.40	$49,504
May 2000	191	10,478	27.26	3.68	$43,763
Apr 2000	207	10,271	24.51	3.12	$37,078
Mar 2000	0	10,688	28.42	2.86	$30,565
Feb 2000	201	9,618	27.62	2.73	$31,775
Jan 2000	182	10,746	25.27	2.48	$31,255
Dec 1999	206	10,475	24.28	2.42	$30,390
Nov 1999	0	10,435	23.19	2.43	$25,399
Oct 1999	0	9,373	20.98	2.80	$26,279
Sep 1999	198	10,364	21.75	2.62	$31,448
Aug 1999	194	9,129	19.26	2.88	$29,988
Jul 1999	186	9,715	17.89	2.37	$26,375
Jun 1999	205	10,687	15.94	2.36	$28,511
May 1999	0	10,461	15.79	2.32	$24,280
Apr 1999	205	9,530	15.10	2.21	$24,138
Mar 1999	200	10,856	12.47	1.84	$22,451
Feb 1999	0	9,757	9.98	1.82	$17,736
Jan 1999	213	10,406	10.38	1.90	$21,982
Dec 1998	0	9,299	9.20	1.77	$16,490
Nov 1998	0	5,398	10.89	2.19	$11,799
Oct 1998	0	7	12.42	1.97	$14
Sep 1998	193	5,321	12.59	2.08	$13,511
Aug 1998	0	9,904	11.30	1.91	$18,890
Jul 1998	196	9,230	11.74	2.24	$22,951
Jun 1998	0	3,596	11.24	2.24	$8,045
May 1998	184	10,389	12.62	2.21	$25,244
Apr 1998	177	10,856	13.04	2.51	$29,506
Mar 1998	187	6,172	12.80	2.31	$16,647
Feb 1998	182	10,652	13.95	2.30	$27,029
Jan 1998	176	9,479	14.70	2.15	$23,012
Dec 1997	192	9,108	16.32	2.41	$25,094
Nov 1997	167	11,432	18.19	3.09	$38,343
Oct 1997	180	11,445	19.25	3.15	$39,515
Sep 1997	183	11,346	17.74	2.95	$36,772
Aug 1997	363	10,776	17.86	2.55	$34,013
Jul 1997	188	12,186	17.58	2.25	$30,686
Jun 1997	178	11,046	17.24	2.26	$28,002
May 1997	181	11,185	18.97	2.31	$29,254
Apr 1997	185	13,539	17.88	2.08	$31,507
Mar 1997	376	13,548	18.95	1.94	$33,397
Feb 1997	200	12,486	20.49	2.21	$31,641
Jan 1997	197	12,909	23.48	3.54	$50,320
Dec 1996	365	14,652	23.32	—	$8,512
Nov 1996	186	13,451	21.97	—	$4,086
Oct 1996	197	9,712	23.31	—	$4,592
Sep 1996	0	5,567	22.22	—	$0
Aug 1996	194	3,071	20.26	—	$3,930
Jul 1996	193	10,784	19.55	—	$3,773
Jun 1996	192	10,861	18.73	—	$3,596
May 1996	158	11,611	19.43	—	$3,070
Apr 1996	195	11,230	21.51	—	$4,194
Mar 1996	202	11,246	19.38	—	$3,915
Feb 1996	371	10,519	16.98	—	$6,300
Jan 1996	198	11,326	17.07	—	$3,380
Dec 1995	201	11,903	17.19	—	$3,455
Nov 1995	181	11,653	16.00	—	$2,896
Oct 1995	177	12,121	15.43	—	$2,731
Sep 1995	373	11,879	16.18	—	$6,035
Aug 1995	0	12,640	15.92	—	$0
Jul 1995	374	11,884	15.24	—	$5,700
Jun 1995	176	11,706	16.41	—	$2,888
May 1995	184	12,123	17.56	—	$3,231
Apr 1995	200	11,549	17.73	—	$3,546
Mar 1995	247	11,590	16.44	—	$4,061
Feb 1995	187	6,043	16.58	—	$3,100
Jan 1995	0	8,731	15.92	—	$0
Dec 1994	194	8,659	15.03	—	$2,916
Nov 1994	389	18,647	15.90	—	$6,185
Oct 1994	205	16,625	15.58	—	$3,194
Sep 1994	194	18,415	15.29	—	$2,966
Aug 1994	0	6,516	16.13	—	$0
Jul 1994	390	12,380	17.56	—	$6,848
Jun 1994	199	12,028	17.09	—	$3,401
May 1994	197	12,246	15.88	—	$3,128
Apr 1994	195	10,832	14.14	—	$2,757
Mar 1994	195	11,824	12.46	—	$2,430
Feb 1994	195	9,928	12.50	—	$2,438
Jan 1994	202	11,237	12.66	—	$2,557
Dec 1993	200	12,653	12.33	—	$2,466
Nov 1993	398	11,317	14.49	—	$5,767
Oct 1993	195	11,715	15.85	—	$3,091
Sep 1993	193	11,999	15.03	—	$2,901
Aug 1993	0	13,558	15.66	—	$0
Jul 1993	0	15,499	15.46	—	$0
Jun 1993	196	14,960	16.79	—	$3,291
May 1993	387	12,603	17.68	—	$6,842
Apr 1993	200	13,175	18.05	—	$3,610
Mar 1993	384	13,335	18.14	—	$6,966
Feb 1993	0	6,196	17.90	—	$0
Jan 1993	0	1,398	16.93	—	$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.

Mar 2007 — as filed, then multipliedworked

Condensate             0 bbl  × $ 56.92 =         $0
Gas                1,154 Mcf  × $  7.30 =     $8,426

────────────────────────────────────────────────────
Month total                                   $8,426

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. 10/G/100234 is the state's own key, not one this site invented.