BAILEY -C-

Operated by MON CORP. (P-5 574328) in the PANHANDLE, EAST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 26504District 10Field 68826001NGPA filingGasSaveExport
Value, all time
$123 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 2,114 leases and 2,114 wells, and the rule below applies to all of them.

Discovered
1935-12-10
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: 67% ACRES X SIWP + (PLUS) 33% DELIVERABILITY

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
NGPA1none

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
GasProduction44,478 Mcf$122,770
Total$122,770

15,697 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 35.3848, -100.5814. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.38480, -100.58136 · 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
2,265 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
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 2,265 ft.

Plug dates filed
Jul 2026
1 of 1 wells

1 well

42-1798067262,265 ftJul 2026Yes

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024276.091.78$4
Jan 2024273.023.30$7
Dec 2023271.262.61$5
Nov 2023277.892.81$6
Oct 2023285.443.09$6
Sep 2023289.042.74$5
Aug 2023280.522.67$5
Jul 2023274.852.64$5
Jun 2023268.962.26$5
May 2023270.622.23$4
Apr 2023278.122.24$4
Mar 2023272.852.39$5
Feb 2023275.112.47$5
Jan 2023276.533.39$7
Dec 2022276.415.73$11
Nov 2022285.005.65$11
Oct 2022287.185.86$12
Sep 2022284.888.16$16
Aug 2022294.529.13$18
Jul 20222101.587.54$15
Jun 20222115.097.98$16
May 20222109.378.43$17
Apr 20222104.226.84$14
Mar 20222108.885.08$10
Feb 2022291.054.86$10
Jan 2022281.844.54$9
Dec 2021271.323.90$8
Nov 2021277.435.24$10
Oct 2021279.795.71$11
Sep 2021269.865.35$11
Aug 2021266.024.22$8
Jul 2021270.783.98$8
Jun 2021269.493.38$7
May 2021263.483.02$6
Apr 2021260.362.76$6
Mar 2021261.302.72$5
Feb 2021257.805.55$11
Jan 2021250.412.81$6
Dec 2020344.642.68$8
Nov 2020238.772.71$5
Oct 2020236.972.48$5
Sep 2020237.091.99$4
Aug 2020239.982.39$5
Jul 2020238.371.83$4
Jun 2020234.901.69$3
May 2020216.921.81$4
Apr 2020214.751.80$4
Mar 2020230.341.86$4
Feb 2020249.881.98$4
Jan 2020257.252.09$4
Dec 2019259.012.30$5
Nov 2019255.302.75$6
Oct 2019253.472.42$5
Sep 2019255.052.66$5
Aug 2019353.112.30$7
Jul 2019256.272.46$5
Jun 2019352.782.49$7
May 2019258.482.74$5
Apr 2019062.632.75$0
Mar 2019356.803.06$9
Feb 2019350.852.79$8
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018252.934.24$8
Oct 2018361.443.40$10
Sep 2018359.543.11$9
Aug 2018359.403.07$9
Jul 2018365.142.93$9
Jun 2018360.183.08$9
May 2018365.382.90$9
Apr 2018363.842.90$9
Mar 2018361.222.79$8
Feb 2018361.782.77$8
Jan 2018362.874.01$12
Dec 2017357.272.92$9
Nov 2017255.423.12$6
Oct 2017349.292.98$9
Sep 2017347.523.09$9
Aug 2017345.373.00$9
Jul 2017343.873.09$9
Jun 2017342.493.09$9
May 2017345.373.26$10
Apr 2017347.933.21$10
Mar 2017346.772.98$9
Feb 2017350.452.95$9
Jan 2017249.413.42$7
Dec 2016348.763.72$11
Nov 2016242.492.64$5
Oct 2016346.193.09$9
Sep 2016341.553.10$9
Aug 2016341.442.92$9
Jul 2016341.622.92$9
Jun 2016345.352.69$8
May 2016342.521.99$6
Apr 2016336.561.99$6
Mar 2016333.011.79$5
Feb 2016226.472.06$4
Jan 2016327.352.36$7
Dec 2015232.362.00$4
Nov 2015238.792.17$4
Oct 2015343.552.43$7
Sep 2015342.992.76$8
Aug 2015340.162.87$9
Jul 2015348.152.95$9
Jun 2015356.152.88$9
May 2015355.212.96$9
Apr 2015349.822.71$8
Mar 2015342.892.93$9
Feb 2015344.662.98$9
Jan 2015343.433.10$9
Dec 2014354.693.59$11
Nov 2014270.464.25$9
Oct 2014378.303.90$12
Sep 2014386.164.05$12
Aug 2014389.394.04$12
Jul 2014396.564.18$13
Jun 2014398.164.74$14
May 2014394.734.73$14
Apr 2014395.944.81$14
Mar 2014395.895.06$15
Feb 2014397.406.19$19
Jan 2014390.404.86$15
Dec 2013391.824.35$13
Nov 2013388.853.74$11
Oct 2013397.423.78$11
Sep 20133104.113.72$11
Aug 20133104.253.52$11
Jul 20133102.523.72$11
Jun 2013394.403.93$12
May 2013394.834.15$12
Apr 2013393.964.28$13
Mar 2013293.623.91$8
Feb 2013491.233.42$14
Jan 2013391.603.42$10
Dec 2012386.773.42$10
Nov 2012386.953.62$11
Oct 2012289.383.40$7
Sep 2012294.672.92$6
Aug 2012392.662.91$9
Jul 2012385.133.02$9
Jun 2012379.822.52$8
May 2012391.612.49$7
Apr 20123101.652.00$6
Mar 20123105.052.22$7
Feb 20122101.102.57$5
Jan 2012298.092.73$5
Dec 2011296.873.24$6
Nov 2011395.723.31$10
Oct 2011284.983.65$7
Sep 2011283.623.99$8
Aug 2011383.404.15$12
Jul 2011394.144.52$14
Jun 2011292.904.64$9
May 2011298.134.40$9
Apr 20113105.964.33$13
Mar 2011396.364.06$12
Feb 2011385.644.18$13
Jan 2011286.504.59$9
Dec 2010285.734.35$9
Nov 2010280.843.80$8
Oct 2010378.103.51$11
Sep 2010272.633.98$8
Aug 2010373.684.42$13
Jul 2010372.554.74$14
Jun 2010370.364.91$15
May 2010471.124.24$17
Apr 2010381.694.12$12
Mar 2010378.394.39$13
Feb 2010273.585.44$11
Jan 2010274.365.96$12
Dec 2009371.445.48$16
Nov 2009274.593.75$8
Oct 2009272.544.11$8
Sep 2009265.543.06$6
Aug 2009367.423.22$10
Jul 2009461.133.46$14
Jun 2009266.163.90$8
May 2009354.743.93$12
Apr 2009446.773.59$14
Mar 2009242.144.06$8
Feb 2009332.814.63$14
Jan 2009335.865.37$16
Dec 2008237.105.98$12
Nov 2008355.496.86$21
Oct 2008275.246.92$14
Sep 20081101.767.88$8
Aug 20082114.228.48$17
Jul 20083131.0811.39$34
Jun 20084131.3313.03$52
May 20083123.1711.57$35
Apr 20084110.3110.45$42
Mar 20084101.909.66$39
Feb 2008392.538.77$26
Jan 2008390.388.21$25
Dec 2007388.337.30$22
Nov 2007391.677.29$22
Oct 2007482.856.92$28
Sep 2007375.846.24$19
Aug 2007369.066.39$19
Jul 2007270.906.39$13
Jun 2007362.007.55$23
May 2007458.747.85$31
Apr 2007459.617.81$31
Mar 2007356.927.30$22
Feb 2007355.108.22$25
Jan 2007350.306.73$20
Dec 2006456.656.92$28
Nov 2006554.207.62$38
Oct 2006454.906.01$24
Sep 2006560.085.04$25
Aug 2006668.717.34$44
Jul 20069869.376.34$622
Jun 200616166.286.38$1,028
May 200617766.016.42$1,137
Apr 200617264.397.36$1,266
Mar 200644856.707.08$3,173
Feb 200616457.597.75$1,271
Jan 200618260.598.93$1,626
Dec 200518654.9413.42$2,495
Nov 200518454.6910.59$1,948
Oct 200518458.3413.80$2,538
Sep 200517061.4512.08$2,053
Aug 200517161.519.80$1,675
Jul 200517755.697.84$1,388
Jun 200518452.337.38$1,358
May 200518645.226.65$1,237
Apr 200519349.207.36$1,421
Mar 200519150.377.15$1,367
Feb 200518145.226.31$1,142
Jan 200521743.166.32$1,372
Dec 200420639.866.75$1,391
Nov 200419445.286.33$1,228
Oct 200418349.706.52$1,192
Sep 200418043.245.28$951
Aug 200421342.375.55$1,182
Jul 200421438.286.08$1,302
Jun 200417436.106.43$1,119
May 200422437.486.49$1,455
Apr 200421634.475.86$1,265
Mar 200422534.365.53$1,244
Feb 200420532.455.51$1,129
Jan 200423032.036.30$1,449
Dec 200323830.266.30$1,500
Nov 200322328.804.60$1,025
Oct 200322528.174.76$1,071
Sep 200321226.314.75$1,007
Aug 200321529.765.13$1,103
Jul 200322029.415.17$1,138
Jun 200322228.565.98$1,328
May 200322826.595.97$1,362
Apr 200322626.675.41$1,222
Mar 200322831.146.10$1,390
Feb 200322033.487.93$1,744
Jan 200324530.315.58$1,368
Dec 200226926.914.85$1,306
Nov 200222424.664.14$927
Oct 200222126.464.23$935
Sep 200222627.443.64$822
Aug 200222825.963.16$721
Jul 200223024.583.06$704
Jun 200222823.733.34$761
May 200223224.663.58$831
Apr 200221723.653.51$762
Mar 200225822.003.10$801
Feb 200224218.222.38$575
Jan 200230417.172.38$722
Dec 200124116.932.36$570
Nov 200120718.072.41$498
Oct 2001219.782.53$5
Sep 200117624.262.25$396
Aug 200124124.873.05$736
Jul 200126723.933.20$854
Jun 200123224.563.82$887
May 200125625.524.31$1,103
Apr 200122924.685.34$1,222
Mar 200126124.545.38$1,403
Feb 200124627.755.77$1,419
Jan 200125327.478.40$2,125
Dec 200026926.889.12$2,454
Nov 200022732.215.66$1,284
Oct 200023131.235.15$1,189
Sep 200022631.875.19$1,172
Aug 200023829.644.54$1,081
Jul 200024928.534.09$1,018
Jun 200026429.304.40$1,161
May 200027227.263.68$1,001
Apr 200026924.513.12$838
Mar 200027928.422.86$798
Feb 200026027.622.73$709
Jan 200028225.272.48$700
Dec 199927824.282.42$674
Nov 199927223.192.43$662
Oct 199928220.982.80$791
Sep 199926821.752.62$702
Aug 199928819.262.88$828
Jul 199928917.892.37$686
Jun 199928615.942.36$676
May 199927915.792.32$648
Apr 199928715.102.21$634
Mar 199930812.471.84$566
Feb 19992539.981.82$460
Jan 199924310.381.90$462
Dec 19982939.201.77$520
Nov 199829710.892.19$649
Oct 199827312.421.97$538
Sep 199826112.592.08$544
Aug 199828511.301.91$544
Jul 199829611.742.24$662
Jun 199829911.242.24$669
May 199831212.622.21$688
Apr 199829813.042.51$747
Mar 199831612.802.31$730
Feb 199838513.952.30$885
Jan 199843914.702.15$946
Dec 199731116.322.41$750
Nov 199729918.193.09$923
Oct 199732919.253.15$1,036
Sep 199730917.742.95$913
Aug 199732617.862.55$833
Jul 199735217.582.25$791
Jun 199730917.242.26$697
May 199730418.972.31$702
Apr 199731317.882.08$652
Mar 199732718.951.94$634
Feb 199729320.492.21$646
Jan 199732123.483.54$1,136
Dec 199631423.32$0
Nov 199632121.97$0
Oct 199632723.31$0
Sep 199631722.22$0
Aug 199633320.26$0
Jul 199633919.55$0
Jun 199632818.73$0
May 199637419.43$0
Apr 199682021.51$0
Mar 199634719.38$0
Feb 199630616.98$0
Jan 199633117.07$0
Dec 199532317.19$0
Nov 199532816.00$0
Oct 199535015.43$0
Sep 199534416.18$0
Aug 199530015.92$0
Jul 199527415.24$0
Jun 199534516.41$0
May 199536117.56$0
Apr 199535117.73$0
Mar 199535516.44$0
Feb 199534516.58$0
Jan 199537015.92$0
Dec 199436815.03$0
Nov 199432415.90$0
Oct 199427115.58$0
Sep 199428715.29$0
Aug 199432716.13$0
Jul 199434717.56$0
Jun 199435017.09$0
May 199436715.88$0
Apr 199436714.14$0
Mar 199439812.46$0
Feb 199439912.50$0
Jan 199437912.66$0
Dec 199315112.33$0
Nov 199323714.49$0
Oct 199330815.85$0
Sep 199330115.03$0
Aug 199325015.66$0
Jul 199326715.46$0
Jun 199324416.79$0
May 199326417.68$0
Apr 199321018.05$0
Mar 199330118.14$0
Feb 199322317.90$0
Jan 199325416.93$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.

Feb 2024 — as filed, then multipliedworked
Gas                    2 Mcf  × $  1.78 =         $4

────────────────────────────────────────────────────
Month total                                       $4

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/26504 is the state's own key, not one this site invented.