BAILEY HEIRS GAS UNIT

Operated by SPINDLETOP OIL & GAS COMPANY (P-5 809930) in the MALES (4650) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 77949District 7BField 56922400NGPA filingCondensateGasSaveExport
Value, all time
$313 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
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 8 leases and 8 wells, and the rule below applies to all of them.

Discovered
1978-05-06
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

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 01/01/2005.

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
NGPA2none

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
CondensateDisposition45 bbl$742
GasProduction92,808 Mcf$311,890
Total$312,632

23,137 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 32.8483, -97.9058. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.84827, -97.90580 · 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
5,190 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 5,190 ft.

Completions filed
Apr 1978
1 of 1 wells

1 well

42-3673101015,190 ftApr 1978

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 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 202301368.962.26$29
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230775.112.47$17
Jan 20230076.533.39$0
Dec 20220276.415.73$11
Nov 202206185.005.65$344
Oct 202207487.185.86$434
Sep 202207884.888.16$637
Aug 202208094.529.13$730
Jul 2022055101.587.54$415
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
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
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150132.362.00$2
Nov 2015013838.792.17$299
Oct 2015028743.552.43$696
Sep 2015018242.992.76$502
Aug 2015018840.162.87$540
Jul 2015032948.152.95$969
Jun 2015029356.152.88$845
May 2015029255.212.96$863
Apr 2015029649.822.71$801
Mar 2015038142.892.93$1,118
Feb 2015084044.662.98$2,500
Jan 2015037943.433.10$1,175
Dec 2014037954.693.59$1,361
Nov 2014086170.464.25$3,661
Oct 2014060078.303.90$2,341
Sep 2014034286.164.05$1,384
Aug 2014027789.394.04$1,118
Jul 2014030496.564.18$1,271
Jun 2014035398.164.74$1,672
May 2014033794.734.73$1,593
Apr 2014033595.944.81$1,611
Mar 2014035795.895.06$1,805
Feb 2014028297.406.19$1,746
Jan 2014034190.404.86$1,658
Dec 2013029591.824.35$1,285
Nov 2013030988.853.74$1,155
Oct 2013034797.423.78$1,311
Sep 20130311104.113.72$1,156
Aug 20130270104.253.52$951
Jul 20130250102.523.72$929
Jun 2013033694.403.93$1,322
May 2013037294.834.15$1,543
Apr 2013032993.964.28$1,409
Mar 2013022793.623.91$888
Feb 2013014191.233.42$482
Jan 2013013691.603.42$465
Dec 2012012986.773.42$441
Nov 2012016286.953.62$587
Oct 2012013089.383.40$442
Sep 2012011994.672.92$347
Aug 2012015992.662.91$462
Jul 2012020985.133.02$631
Jun 2012019579.822.52$491
May 2012023391.612.49$580
Apr 20120230101.652.00$459
Mar 20120188105.052.22$418
Feb 20120201101.102.57$517
Jan 2012020498.092.73$558
Dec 2011022496.873.24$726
Nov 2011020495.723.31$676
Oct 2011023284.983.65$846
Sep 2011021183.623.99$841
Aug 2011025683.404.15$1,062
Jul 2011027094.144.52$1,220
Jun 2011023192.904.64$1,072
May 2011023398.134.40$1,026
Apr 20110157105.964.33$680
Mar 2011028096.364.06$1,136
Feb 201108685.644.18$359
Jan 2011018386.504.59$840
Dec 2010022785.734.35$987
Nov 2010026480.843.80$1,002
Oct 2010022978.103.51$804
Sep 2010018872.633.98$748
Aug 2010021773.684.42$959
Jul 2010017872.554.74$843
Jun 2010018970.364.91$928
May 2010018271.124.24$771
Apr 2010020181.694.12$829
Mar 2010019478.394.39$851
Feb 2010017373.585.44$942
Jan 201004874.365.96$286
Dec 2009018871.445.48$1,031
Nov 2009016374.593.75$611
Oct 2009011772.544.11$481
Sep 2009012565.543.06$383
Aug 2009011467.423.22$367
Jul 2009012561.133.46$433
Jun 2009013266.163.90$514
May 2009013654.743.93$534
Apr 2009017246.773.59$617
Mar 2009019442.144.06$787
Feb 2009014632.814.63$676
Jan 2009019035.865.37$1,020
Dec 2008016137.105.98$962
Nov 2008013555.496.86$926
Oct 2008018875.246.92$1,301
Sep 20080211101.767.88$1,662
Aug 20080160114.228.48$1,357
Jul 20080172131.0811.39$1,959
Jun 20080145131.3313.03$1,890
May 20080220123.1711.57$2,546
Apr 20080144110.3110.45$1,506
Mar 20080154101.909.66$1,488
Feb 2008015092.538.77$1,316
Jan 2008018590.388.21$1,518
Dec 2007017688.337.30$1,285
Nov 2007020491.677.29$1,488
Oct 2007023282.856.92$1,606
Sep 2007019875.846.24$1,236
Aug 2007020169.066.39$1,284
Jul 2007022270.906.39$1,418
Jun 2007021762.007.55$1,638
May 2007024658.747.85$1,930
Apr 2007020659.617.81$1,608
Mar 2007028056.927.30$2,045
Feb 2007017955.108.22$1,471
Jan 2007016350.306.73$1,096
Dec 2006022856.656.92$1,577
Nov 2006022254.207.62$1,691
Oct 2006023754.906.01$1,425
Sep 2006021660.085.04$1,088
Aug 2006023568.717.34$1,725
Jul 2006029469.376.34$1,865
Jun 2006028366.286.38$1,807
May 2006032366.016.42$2,075
Apr 2006028464.397.36$2,090
Mar 2006029156.707.08$2,061
Feb 2006023457.597.75$1,814
Jan 2006024360.598.93$2,171
Dec 2005029954.9413.42$4,011
Nov 2005031754.6910.59$3,357
Oct 2005037658.3413.80$5,187
Sep 2005030061.4512.08$3,624
Aug 2005030961.519.80$3,027
Jul 2005028455.697.84$2,228
Jun 200507752.337.38$568
May 2005035045.226.65$2,328
Apr 2005034949.207.36$2,569
Mar 2005031350.377.15$2,239
Feb 2005026845.226.31$1,692
Jan 2005033443.166.32$2,112
Dec 2004035339.866.75$2,383
Nov 2004030345.286.33$1,918
Oct 2004033649.706.52$2,189
Sep 2004033843.245.28$1,786
Aug 2004034842.375.55$1,932
Jul 2004034138.286.08$2,075
Jun 2004033936.106.43$2,181
May 2004038837.486.49$2,520
Apr 2004037634.475.86$2,203
Mar 2004036534.365.53$2,019
Feb 2004029432.455.51$1,620
Jan 2004035232.036.30$2,217
Dec 2003028330.266.30$1,783
Nov 2003037228.804.60$1,709
Oct 2003037028.174.76$1,761
Sep 2003031426.314.75$1,491
Aug 2003035429.765.13$1,816
Jul 2003037029.415.17$1,913
Jun 2003037728.565.98$2,256
May 2003035426.595.97$2,114
Apr 2003037326.675.41$2,017
Mar 2003037731.146.10$2,298
Feb 2003029933.487.93$2,370
Jan 2003035930.315.58$2,004
Dec 2002039626.914.85$1,922
Nov 2002012924.664.14$534
Oct 200201726.464.23$72
Sep 2002037327.443.64$1,356
Aug 2002041125.963.16$1,300
Jul 2002045324.583.06$1,387
Jun 2002035223.733.34$1,175
May 2002034624.663.58$1,240
Apr 2002037523.653.51$1,317
Mar 2002045822.003.10$1,421
Feb 2002037318.222.38$886
Jan 2002029717.172.38$706
Dec 2001032916.932.36$778
Nov 2001031718.072.41$763
Oct 2001067719.782.53$1,712
Sep 2001035824.262.25$806
Aug 2001040524.873.05$1,237
Jul 2001043723.933.20$1,397
Jun 2001043024.563.82$1,644
May 2001046525.524.31$2,003
Apr 2001039124.685.34$2,086
Mar 2001041224.545.38$2,215
Feb 2001038527.755.77$2,220
Jan 2001049627.478.40$4,166
Dec 2000041026.889.12$3,740
Nov 2000040832.215.66$2,308
Oct 2000031931.235.15$1,641
Sep 2000036731.875.19$1,903
Aug 2000036629.644.54$1,662
Jul 2000043028.534.09$1,759
Jun 2000034329.304.40$1,508
May 2000046627.263.68$1,715
Apr 2000041124.513.12$1,281
Mar 2000046728.422.86$1,336
Feb 2000042927.622.73$1,170
Jan 2000034325.272.48$851
Dec 1999042124.282.42$1,020
Nov 1999047323.192.43$1,151
Oct 1999050420.982.80$1,413
Sep 1999046321.752.62$1,213
Aug 1999044519.262.88$1,280
Jul 1999049517.892.37$1,174
Jun 1999036315.942.36$857
May 1999027815.792.32$645
Apr 1999044215.102.21$976
Mar 1999038812.471.84$713
Feb 199903559.981.82$645
Jan 1999036010.381.90$684
Dec 199804099.201.77$725
Nov 1998044810.892.19$979
Oct 1998046612.421.97$918
Sep 1998046212.592.08$962
Aug 1998048011.301.91$916
Jul 1998048111.742.24$1,076
Jun 1998048311.242.24$1,081
May 1998049812.622.21$1,099
Apr 1998042213.042.51$1,057
Mar 1998039312.802.31$908
Feb 1998039013.952.30$897
Jan 1998045314.702.15$976
Dec 1997043816.322.41$1,056
Nov 1997349718.193.09$1,589
Oct 1997048819.253.15$1,537
Sep 1997045717.742.95$1,350
Aug 1997339917.862.55$1,073
Jul 1997031417.582.25$706
Jun 1997042717.242.26$964
May 1997034018.972.31$785
Apr 1997336217.882.08$808
Mar 1997045618.951.94$884
Feb 1997043820.492.21$966
Jan 1997040723.483.54$1,441
Dec 1996146923.32$23
Nov 1996037821.97$0
Oct 1996050323.31$0
Sep 1996347622.22$67
Aug 1996044620.26$0
Jul 1996053319.55$0
Jun 1996045818.73$0
May 1996044119.43$0
Apr 1996041621.51$0
Mar 1996044619.38$0
Feb 1996046116.98$0
Jan 1996041817.07$0
Dec 1995040617.19$0
Nov 1995047516.00$0
Oct 1995053615.43$0
Sep 1995038916.18$0
Aug 1995145715.92$16
Jul 1995336915.24$46
Jun 1995031816.41$0
May 1995035117.56$0
Apr 1995024717.73$0
Mar 1995039416.44$0
Feb 1995031716.58$0
Jan 1995033315.92$0
Dec 1994333815.03$45
Nov 1994143115.90$16
Oct 1994048415.58$0
Sep 1994358615.29$46
Aug 1994070216.13$0
Jul 1994045117.56$0
Jun 1994345317.09$51
May 1994057415.88$0
Apr 1994063514.14$0
Mar 1994052512.46$0
Feb 1994053012.50$0
Jan 1994073812.66$0
Dec 1993326312.33$37
Nov 1993326814.49$43
Oct 1993355415.85$48
Sep 1993347515.03$45
Aug 1993341715.66$47
Jul 1993069915.46$0
Jun 1993372816.79$50
May 1993069417.68$0
Apr 1993064418.05$0
Mar 1993065518.14$0
Feb 1993058917.90$0
Jan 1993066716.93$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.

Jun 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 68.96 =         $0
Gas                   13 Mcf  × $  2.26 =        $29

────────────────────────────────────────────────────
Month total                                      $29

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/77949 is the state's own key, not one this site invented.