BAILEY

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 288490District 10Field 89560400CondensateGasSaveExport
Value, all time
$3.5 M
May 2019 – May 2026
Value, last 12 filed months
$247 k
at the published price for each month
Months reported
85
no gaps in the span
Streams
2
condensate, 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 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

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
CondensateDisposition1,590 bbl$95,508
GasProduction1,037,267 Mcf$3,369,394
Total$3,464,902

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 35.5842, -100.5207. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.58424, -100.52067 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
13,670 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
00.0%
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.
1100.0%

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 13,670 ft.

Completions filed
May 2019
1 of 1 wells

1 well

42-48332244109213,670 ftMay 2019

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 (85)

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

85 months

May 20260734106.413.05$2,236
Apr 2026090098.932.87$2,583
Mar 20260089.753.15$0
Feb 2026048763.503.75$1,826
Jan 2026055259.138.00$4,415
Dec 20250056.664.41$0
Nov 202501,23858.593.93$4,861
Oct 2025011,33759.383.30$37,467
Sep 202505,47162.743.08$16,834
Aug 202518415,17263.933.01$57,503
Jul 202518311,99366.743.32$51,973
Jun 2025021,44266.483.13$67,086
May 202503,03260.553.23$9,800
Apr 202502,17262.363.54$7,696
Mar 202503,83867.704.27$16,382
Feb 202502,78070.884.34$12,068
Jan 202504,35574.324.28$18,634
Dec 202405,36168.993.12$16,734
Nov 202404,93469.052.20$10,847
Oct 202401,70371.372.28$3,885
Sep 20240069.612.36$0
Aug 202405,29075.632.06$10,917
Jul 202407,54479.932.15$16,194
Jun 202407,86778.082.63$20,722
May 202409,45778.812.20$20,791
Apr 202409,70184.451.66$16,096
Mar 2024010,40580.301.55$16,077
Feb 202405,82876.091.78$10,395
Jan 202404,94373.023.30$16,300
Dec 2023011,18871.262.61$29,209
Nov 2023011,32977.892.81$31,807
Oct 2023012,44285.443.09$38,412
Sep 2023012,01689.042.74$32,864
Aug 2023010,31880.522.67$27,579
Jul 2023010,12174.852.64$26,738
Jun 202304,64168.962.26$10,482
May 2023014,50870.622.23$32,315
Apr 2023012,80278.122.24$28,648
Mar 202306,16072.852.39$14,742
Feb 202306,92575.112.47$17,075
Jan 2023030476.533.39$1,030
Dec 2022011,26476.415.73$64,532
Nov 202209,37485.005.65$52,927
Oct 2022013,05787.185.86$76,563
Sep 202208,04284.888.16$65,652
Aug 202209,72094.529.13$88,716
Jul 202209,337101.587.54$70,420
Jun 2022014,737115.097.98$117,560
May 202208,931109.378.43$75,315
Apr 2022015,760104.226.84$107,761
Mar 202206,798108.885.08$34,509
Feb 2022014,76791.054.86$71,750
Jan 2022010,30781.844.54$46,770
Dec 2021019,19771.323.90$74,851
Nov 2021012,56177.435.24$65,780
Oct 2021023,07579.795.71$131,848
Sep 2021019,39569.865.35$103,781
Aug 202118315,31166.024.22$76,703
Jul 202118011,92870.783.98$60,239
Jun 202107,02469.493.38$23,745
May 2021015,40263.483.02$46,478
Apr 2021014,04660.362.76$38,745
Mar 2021012,68361.302.72$34,459
Feb 202108,39757.805.55$46,586
Jan 2021013,31650.412.81$37,422
Dec 2020012,15044.642.68$32,507
Nov 20200238.772.71$5
Oct 2020017,00936.972.48$42,156
Sep 2020018,79537.091.99$37,422
Aug 2020013,05139.982.39$31,128
Jul 202009,37738.371.83$17,114
Jun 2020031,07734.901.69$52,530
May 2020029,31116.921.81$53,192
Apr 2020020,69414.751.80$37,340
Mar 2020019,66430.341.86$36,501
Feb 202006,45249.881.98$12,779
Jan 2020045,11857.252.09$94,510
Dec 2019046,45359.012.30$107,044
Nov 2019043,42355.302.75$119,444
Oct 201935514,21453.472.42$53,359
Sep 201915834,11755.052.66$99,356
Aug 201915733,11153.112.30$84,638
Jul 201919032,17656.272.46$89,846
Jun 2019028,83752.782.49$71,839
May 201906,51758.482.74$17,859

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  734 Mcf  × $  3.05 =     $2,236

────────────────────────────────────────────────────
Month total                                   $2,236

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/288490 is the state's own key, not one this site invented.