BAILEY

Operated by ZARVONA ENERGY LLC (P-5 950523) in the OZONA, NE. (CANYON 7520) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 231054District 7CField 679985002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
May 2007 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
229
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 592 leases and 641 wells, and the rule below applies to all of them.

Discovered
1966-01-17
as the register files it
Field class
Oil and 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 20 acres. The field rule took effect on 2013-10-22.

The Commission's schedule remark for this field reads: PER DOCKET 01-0299858, THIS FIELD HAS BEEN DESIGNATED AS A UFT

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
High Cost Gas112007-12-18176228
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
CondensateDisposition2,751 bbl$200,435
GasProduction350,990 Mcf$1,902,104
Total$2,102,539

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 30.7939, -101.0179. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.79387, -101.01792 · 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
8,130 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 8,130 ft.

Completions filed
May 2007
1 of 1 wells

1 well

42-105402893288,130 ftMay 2007

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 (229)

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

229 months

May 202602106.413.05$6
Apr 20260798.932.87$20
Mar 202603489.753.15$107
Feb 2026026363.503.75$986
Jan 2026034659.138.00$2,767
Dec 2025036256.664.41$1,598
Nov 2025036458.593.93$1,429
Oct 2025031659.383.30$1,044
Sep 2025031662.743.08$972
Aug 2025032763.933.01$986
Jul 2025037266.743.32$1,233
Jun 2025034466.483.13$1,076
May 2025035960.553.23$1,160
Apr 2025033862.363.54$1,198
Mar 2025031967.704.27$1,362
Feb 20255323570.884.34$4,777
Jan 2025035374.324.28$1,510
Dec 2024035368.993.12$1,102
Nov 2024037869.052.20$831
Oct 2024035671.372.28$812
Sep 2024039369.612.36$929
Aug 2024038275.632.06$788
Jul 2024030079.932.15$644
Jun 2024024578.082.63$645
May 2024058178.812.20$1,277
Apr 2024033684.451.66$557
Mar 2024032080.301.55$494
Feb 2024028576.091.78$508
Jan 2024029073.023.30$956
Dec 2023034271.262.61$893
Nov 2023029377.892.81$823
Oct 2023034985.443.09$1,077
Sep 2023038489.042.74$1,050
Aug 2023030980.522.67$826
Jul 2023031774.852.64$837
Jun 2023032368.962.26$729
May 2023028070.622.23$624
Apr 2023037478.122.24$837
Mar 2023043772.852.39$1,046
Feb 2023046275.112.47$1,139
Jan 2023049576.533.39$1,677
Dec 2022049676.415.73$2,842
Nov 2022051185.005.65$2,885
Oct 2022051087.185.86$2,991
Sep 2022051684.888.16$4,212
Aug 2022052694.529.13$4,801
Jul 20220412101.587.54$3,107
Jun 20220338115.097.98$2,696
May 20220590109.378.43$4,975
Apr 20220542104.226.84$3,706
Mar 20220610108.885.08$3,097
Feb 2022053991.054.86$2,619
Jan 2022060581.844.54$2,745
Dec 2021059371.323.90$2,312
Nov 2021058877.435.24$3,079
Oct 2021054379.795.71$3,103
Sep 2021053269.865.35$2,847
Aug 2021053566.024.22$2,258
Jul 20216446370.783.98$6,374
Jun 2021038369.493.38$1,295
May 2021044663.483.02$1,346
Apr 2021049160.362.76$1,354
Mar 2021060761.302.72$1,649
Feb 2021041057.805.55$2,275
Jan 2021040350.412.81$1,133
Dec 2020049544.642.68$1,324
Nov 2020056038.772.71$1,516
Oct 2020058636.972.48$1,452
Sep 2020055537.091.99$1,105
Aug 2020056139.982.39$1,338
Jul 2020058238.371.83$1,062
Jun 2020056034.901.69$947
May 2020060516.921.81$1,098
Apr 2020042014.751.80$758
Mar 2020039630.341.86$735
Feb 2020057949.881.98$1,147
Jan 2020064857.252.09$1,357
Dec 2019063659.012.30$1,466
Nov 2019063455.302.75$1,744
Oct 2019070353.472.42$1,700
Sep 2019032555.052.66$864
Aug 2019078353.112.30$1,804
Jul 2019055456.272.46$1,363
Jun 2019045052.782.49$1,121
May 2019071758.482.74$1,965
Apr 2019072862.632.75$2,003
Mar 20195659056.803.06$4,987
Feb 2019057050.852.79$1,592
Jan 2019070646.033.23$2,279
Dec 2018077946.594.19$3,260
Nov 2018058452.934.24$2,475
Oct 2018055561.443.40$1,886
Sep 2018071959.543.11$2,235
Aug 2018073359.403.07$2,248
Jul 2018070765.142.93$2,073
Jun 2018074360.183.08$2,286
May 2018064165.382.90$1,859
Apr 2018072263.842.90$2,094
Mar 2018072761.222.79$2,026
Feb 2018069161.782.77$1,911
Jan 2018073762.874.01$2,955
Dec 2017079657.272.92$2,326
Nov 2017080155.423.12$2,498
Oct 2017071549.292.98$2,133
Sep 20176881647.523.09$5,751
Aug 2017078845.373.00$2,367
Jul 2017083243.873.09$2,569
Jun 2017081142.493.09$2,504
May 2017082445.373.26$2,689
Apr 2017081947.933.21$2,630
Mar 2017089746.772.98$2,676
Feb 2017081150.452.95$2,395
Jan 2017091449.413.42$3,125
Dec 2016085448.763.72$3,179
Nov 2016085942.492.64$2,272
Oct 2016082746.193.09$2,556
Sep 2016084441.553.10$2,617
Aug 2016084641.442.92$2,474
Jul 2016087741.622.92$2,565
Jun 201601,17345.352.69$3,150
May 201601,48342.521.99$2,953
Apr 2016081936.561.99$1,631
Mar 2016011933.011.79$213
Feb 201609226.472.06$190
Jan 2016041627.352.36$984
Dec 20155162932.362.00$2,909
Nov 2015079138.792.17$1,714
Oct 2015098943.552.43$2,400
Sep 2015096142.992.76$2,651
Aug 2015095740.162.87$2,749
Jul 201501,05848.152.95$3,116
Jun 201501,11456.152.88$3,212
May 2015086755.212.96$2,562
Apr 2015078149.822.71$2,114
Mar 2015097742.892.93$2,867
Feb 201501,11644.662.98$3,321
Jan 201501,27743.433.10$3,960
Dec 201401,45154.693.59$5,211
Nov 201401,58370.464.25$6,731
Oct 201401,49878.303.90$5,844
Sep 2014082086.164.05$3,317
Aug 2014096089.394.04$3,874
Jul 20143253196.564.18$5,309
Jun 2014060498.164.74$2,861
May 2014080294.734.73$3,791
Apr 2014076295.944.81$3,665
Mar 2014073695.895.06$3,722
Feb 201401,21797.406.19$7,536
Jan 201401,28490.404.86$6,241
Dec 201301,21291.824.35$5,278
Nov 201301,39788.853.74$5,222
Oct 2013091497.423.78$3,454
Sep 201301,095104.113.72$4,071
Aug 201301,415104.253.52$4,984
Jul 201301,330102.523.72$4,945
Jun 201301,20994.403.93$4,755
May 201301,46394.834.15$6,070
Apr 201301,71393.964.28$7,336
Mar 2013188393.623.91$3,549
Feb 2013841,44491.233.42$12,602
Jan 201301,72591.603.42$5,899
Dec 201201,81686.773.42$6,211
Nov 201201,83786.953.62$6,659
Oct 201201,28289.383.40$4,358
Sep 2012023494.672.92$683
Aug 2012028292.662.91$820
Jul 201201,58985.133.02$4,800
Jun 201201,74979.822.52$4,406
May 201201,38591.612.49$3,446
Apr 201201,453101.652.00$2,901
Mar 201201,585105.052.22$3,522
Feb 20121111,528101.102.57$15,149
Jan 201201,67598.092.73$4,580
Dec 201101,66696.873.24$5,397
Nov 201101,64595.723.31$5,447
Oct 201101,72584.983.65$6,294
Sep 201101,69883.623.99$6,768
Aug 201101,73683.404.15$7,203
Jul 201101,82494.144.52$8,239
Jun 201101,76692.904.64$8,194
May 201101,85798.134.40$8,180
Apr 201101,645105.964.33$7,128
Mar 2011301,86896.364.06$10,470
Feb 201103,23485.644.18$13,518
Jan 201102,14386.504.59$9,834
Dec 201001,77785.734.35$7,726
Nov 201002,10980.843.80$8,004
Oct 2010581,76178.103.51$10,709
Sep 201001,57072.633.98$6,248
Aug 201002,08773.684.42$9,223
Jul 201002,04172.554.74$9,667
Jun 201002,22470.364.91$10,921
May 201001,81271.124.24$7,674
Apr 201002,03181.694.12$8,373
Mar 2010472,38978.394.39$14,169
Feb 201002,29373.585.44$12,479
Jan 201002,50574.365.96$14,940
Dec 200952,72771.445.48$15,311
Nov 2009582,68974.593.75$14,414
Oct 200902,71772.544.11$11,168
Sep 200902,71965.543.06$8,333
Aug 200903,02267.423.22$9,726
Jul 200902,84161.133.46$9,843
Jun 20091622,95266.163.90$22,216
May 200902,90154.743.93$11,389
Apr 200903,08346.773.59$11,060
Mar 200903,24442.144.06$13,167
Feb 200903,28432.814.63$15,215
Jan 200903,88335.865.37$20,856
Dec 200803,68837.105.98$22,044
Nov 200804,09455.496.86$28,086
Oct 2008455,31375.246.92$40,162
Sep 200801,569101.767.88$12,359
Aug 20081774,175114.228.48$55,634
Jul 200804,843131.0811.39$55,159
Jun 200804,843131.3313.03$63,117
May 200805,170123.1711.57$59,839
Apr 200805,172110.3110.45$54,073
Mar 200805,576101.909.66$53,887
Feb 200805,96592.538.77$52,317
Jan 200806,10790.388.21$50,112
Dec 20071737,13488.337.30$67,373
Nov 200707,39691.677.29$53,929
Oct 200708,85282.856.92$61,273
Sep 200717210,20375.846.24$76,754
Aug 200717312,47669.066.39$91,643
Jul 200717015,57370.906.39$111,532
Jun 200796126,29262.007.55$258,046
May 2007035758.747.85$2,801

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                    2 Mcf  × $  3.05 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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. 7C/G/231054 is the state's own key, not one this site invented.