HAILEY D

Operated by BEAR SPRINGS OIL & GAS, L.L.C (P-5 60138) in the CADDO (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 290540District 7BField 14481500CondensateGasSaveExport
Value, all time
$419 k
Jan 2021 – May 2026
Value, last 12 filed months
$89 k
at the published price for each month
Months reported
65
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1942-01-16
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

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
CondensateDisposition1,724 bbl$120,747
GasProduction65,474 Mcf$298,260
Total$419,007

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 32.3062, -98.6959. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.30616, -98.69590 · 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
3,270 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 3,270 ft.

Completions filed
Jan 2021
1 of 1 wells

1 well

42-1333828493,270 ftJan 2021

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 (65)

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

65 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20261701,06589.753.15$18,612
Feb 202601,32663.503.75$4,973
Jan 2026089459.138.00$7,150
Dec 202501,08556.664.41$4,789
Nov 202517496458.593.93$13,980
Oct 202501,04659.383.30$3,457
Sep 202501,02762.743.08$3,160
Aug 20251701,40063.933.01$15,089
Jul 202501,07966.743.32$3,577
Jun 20251671,11866.483.13$14,600
May 202501,27460.553.23$4,118
Apr 20251681,00262.363.54$14,027
Mar 202501,39767.704.27$5,963
Feb 202516998770.884.34$16,263
Jan 20251331,33674.324.28$15,601
Dec 20241751,81468.993.12$17,735
Nov 202401,84969.052.20$4,065
Oct 20241522,11971.372.28$15,683
Sep 2024901,38569.612.36$9,540
Aug 20241561,38575.632.06$14,656
Jul 2024091179.932.15$1,956
Jun 20240078.082.63$0
May 2024057078.812.20$1,253
Apr 20240084.451.66$0
Mar 2024059480.301.55$918
Feb 2024048876.091.78$870
Jan 2024064873.023.30$2,137
Dec 2023070671.262.61$1,843
Nov 2023050377.892.81$1,412
Oct 2023049385.443.09$1,522
Sep 2023063389.042.74$1,731
Aug 2023064980.522.67$1,735
Jul 2023069474.852.64$1,833
Jun 2023091468.962.26$2,064
May 2023092170.622.23$2,051
Apr 2023087678.122.24$1,960
Mar 2023061472.852.39$1,469
Feb 2023083075.112.47$2,047
Jan 202301,11976.533.39$3,791
Dec 2022091176.415.73$5,219
Nov 202202,15285.005.65$12,151
Oct 202202,28787.185.86$13,410
Sep 202202,37884.888.16$19,413
Aug 202202,49694.529.13$22,781
Jul 202202,437101.587.54$18,380
Jun 202202,309115.097.98$18,419
May 202202,296109.378.43$19,362
Apr 202202,155104.226.84$14,735
Mar 202201,383108.885.08$7,021
Feb 202201,95791.054.86$9,509
Jan 202202,33181.844.54$10,577
Dec 202102,66771.323.90$10,399
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$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 2026 — as filed, then multipliedworked
Condensate           170 bbl  × $ 89.75 =    $15,258
Gas                1,065 Mcf  × $  3.15 =     $3,354

────────────────────────────────────────────────────
Month total                                  $18,612

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. 7B/G/290540 is the state's own key, not one this site invented.