BAILEY, HENRY

Operated by ISBELL, BOB G. OPERATING (P-5 426858) in the CALLAHAN COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 9823District 7BField 14820001OilCasinghead gasSaveExport
Value, all time
$131 k
Jan 1993 – May 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
257
no gaps in the span
Streams
2
oil, casinghead 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 751 leases and 3,583 wells, and the rule below applies to all of them.

Discovered
1924-12-31
as the register files it
Field class
Oil and 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: CLASS 4 (B) 6,000 - 8,000 467' - 1200' 40 AC 85 BARRELS

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
OilDisposition4,200 bbl$131,177
Casinghead gasProduction21 Mcf$0
Total$131,177

21 Mcf of this lease's gas, across 21 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 (12)

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 32.4502, -99.1971. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.45060, -99.19711 · 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%
12 of 12 wells
With a plug date
100.0%
12 of 12 wells
Median depth
307 ft
12 wells filed one
Completion to plug
21.8 years
median over 11 wells

What the state filed about each well

On the RRC proration schedule
12100.0%
A plug date is filed
12100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
12100.0%
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

Total depth in feet, 12 of 12 wells. Median 307 ft, with the middle half between 299 and 330 ft; the shallowest is 288 ft and the deepest 749 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 11 of 12 wells, Jul 1964 – Mar 2008. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 1964 – Mar 2008
11 of 12 wells; 1 filed none
Plug dates filed
May 1985 – Apr 2012
12 of 12 wells

Last completion to plug: a median of 21.8 years across the 11 wells that filed both dates, with the middle half between 19.3 years and 28.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

12 wells

42-059816224300 ftApr 2007Yes
42-059341051 P749 ftMar 2008Apr 2012Yes
42-0593607921294 ftJul 1990Apr 2012Yes
42-059200203304 ftMar 1986Jul 1994Yes
42-059353392WD300 ftMay 1985Mar 2003Yes
42-0593280910340 ftApr 1981Apr 2007Yes
42-059319859326 ftJul 1979Apr 2007Yes
42-059312446350 ftJun 1977Apr 2007Yes
42-059311915324 ftAug 1976Apr 2007Yes
42-059080842293 ftJul 1965Jul 1994Yes
42-059816191W288 ftOct 1964May 1985Yes
42-059816181309 ftJul 1964May 1985Yes

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 (257)

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

257 months

May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121330105.052.22$13,972
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 2010175078.394.39$13,718
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20081700101.767.88$17,299
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006173068.717.34$11,887
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005165061.519.80$10,149
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 2002136023.653.51$3,216
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 2001160024.685.34$3,949
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000134032.215.66$4,316
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000108029.644.54$3,201
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 200086027.622.73$2,375
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 1999108023.192.43$2,505
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 199987015.792.32$1,374
Apr 19990015.102.21$0
Mar 199990012.471.84$1,122
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 1998133011.301.91$1,503
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 1997136017.862.55$2,429
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 1997132018.972.31$2,504
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 1997134023.483.54$3,146
Dec 19960023.32$0
Nov 19960021.97$0
Oct 19960023.31$0
Sep 1996137022.22$3,044
Aug 19960020.26$0
Jul 19960019.55$0
Jun 1996137018.73$2,566
May 19960019.43$0
Apr 19960021.51$0
Mar 1996134019.38$2,597
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 1995138016.18$2,233
Aug 19950015.92$0
Jul 19950015.24$0
Jun 1995132016.41$2,166
May 19950017.56$0
Apr 19950017.73$0
Mar 1995133016.44$2,187
Feb 19950016.58$0
Jan 19950015.92$0
Dec 1994134015.03$2,014
Nov 19940015.90$0
Oct 1994114015.58$1,776
Sep 19940115.29$0
Aug 19940116.13$0
Jul 1994134117.56$2,353
Jun 19940117.09$0
May 19940115.88$0
Apr 1994131114.14$1,852
Mar 19940112.46$0
Feb 19940112.50$0
Jan 1994125112.66$1,583
Dec 19930112.33$0
Nov 19930114.49$0
Oct 1993123115.85$1,950
Sep 19930115.03$0
Aug 19930115.66$0
Jul 1993124115.46$1,917
Jun 19930116.79$0
May 19930117.68$0
Apr 1993128118.05$2,310
Mar 19930118.14$0
Feb 19930117.90$0
Jan 1993116116.93$1,964

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 2012 — as filed, then multipliedworked
Oil                  133 bbl  × $105.05 =    $13,972
Casinghead gas         0 Mcf  × $  2.22 =         $0

────────────────────────────────────────────────────
Month total                                  $13,972

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/O/9823 is the state's own key, not one this site invented.