BAILEY, J. R. "A"

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 240780District 7CField 679985002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Nov 2007 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
223
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 Gas112008-10-30181617
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
CondensateDisposition2,328 bbl$184,543
GasProduction276,897 Mcf$1,258,046
Total$1,442,589

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 30.7652, -101.0097. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.76517, -101.00973 · 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
7,858 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 7,858 ft.

Completions filed
Nov 2007
1 of 1 wells

1 well

42-105404655347,858 ftNov 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 (223)

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

223 months

May 2026040106.413.05$122
Apr 202602698.932.87$75
Mar 202609789.753.15$306
Feb 2026044163.503.75$1,654
Jan 2026052959.138.00$4,231
Dec 2025057656.664.41$2,542
Nov 2025056958.593.93$2,234
Oct 2025057159.383.30$1,887
Sep 2025057162.743.08$1,757
Aug 2025058963.933.01$1,776
Jul 2025058266.743.32$1,929
Jun 2025055866.483.13$1,746
May 2025058660.553.23$1,894
Apr 2025056362.363.54$1,995
Mar 2025057067.704.27$2,433
Feb 2025042170.884.34$1,827
Jan 2025057174.324.28$2,443
Dec 2024057168.993.12$1,782
Nov 20245657169.052.20$5,122
Oct 2024058971.372.28$1,344
Sep 2024057069.612.36$1,348
Aug 2024059875.632.06$1,234
Jul 2024054379.932.15$1,166
Jun 2024042778.082.63$1,125
May 2024062478.812.20$1,372
Apr 2024056184.451.66$931
Mar 2024044980.301.55$694
Feb 2024050076.091.78$892
Jan 2024054573.023.30$1,797
Dec 20237463771.262.61$6,936
Nov 2023060877.892.81$1,707
Oct 2023061885.443.09$1,908
Sep 2023066789.042.74$1,824
Aug 2023059880.522.67$1,598
Jul 2023061874.852.64$1,633
Jun 2023069068.962.26$1,558
May 2023055370.622.23$1,232
Apr 2023050078.122.24$1,119
Mar 2023066372.852.39$1,587
Feb 2023057675.112.47$1,420
Jan 2023043676.533.39$1,477
Dec 2022046676.415.73$2,670
Nov 2022051185.005.65$2,885
Oct 2022046687.185.86$2,733
Sep 2022034084.888.16$2,776
Aug 2022065894.529.13$6,006
Jul 20220525101.587.54$3,960
Jun 20220389115.097.98$3,103
May 20220576109.378.43$4,857
Apr 20220577104.226.84$3,945
Mar 20220524108.885.08$2,660
Feb 20224363691.054.86$7,005
Jan 2022072181.844.54$3,272
Dec 2021074671.323.90$2,909
Nov 2021067577.435.24$3,535
Oct 2021056579.795.71$3,228
Sep 2021065369.865.35$3,494
Aug 2021073566.024.22$3,102
Jul 2021086470.783.98$3,441
Jun 20216880469.493.38$7,443
May 2021060763.483.02$1,832
Apr 2021091760.362.76$2,529
Mar 202101,18461.302.72$3,217
Feb 202106157.805.55$338
Jan 2021013450.412.81$377
Dec 2020019944.642.68$532
Nov 2020024838.772.71$671
Oct 2020030636.972.48$758
Sep 2020033337.091.99$663
Aug 2020036839.982.39$878
Jul 2020038138.371.83$695
Jun 2020038034.901.69$642
May 2020040316.921.81$731
Apr 2020036114.751.80$651
Mar 2020027330.341.86$507
Feb 2020027849.881.98$551
Jan 2020026857.252.09$561
Dec 2019015459.012.30$355
Nov 2019067555.302.75$1,857
Oct 2019062653.472.42$1,514
Sep 2019064255.052.66$1,706
Aug 2019082253.112.30$1,894
Jul 2019085956.272.46$2,113
Jun 2019082752.782.49$2,060
May 2019085558.482.74$2,343
Apr 2019084062.632.75$2,311
Mar 2019086156.803.06$2,636
Feb 2019077550.852.79$2,164
Jan 2019085346.033.23$2,754
Dec 2018088846.594.19$3,717
Nov 2018086552.934.24$3,665
Oct 20189090661.443.40$8,608
Sep 2018088659.543.11$2,754
Aug 2018092459.403.07$2,834
Jul 2018092765.142.93$2,718
Jun 2018090760.183.08$2,791
May 2018092965.382.90$2,695
Apr 2018091163.842.90$2,643
Mar 2018094661.222.79$2,636
Feb 2018085161.782.77$2,354
Jan 2018092362.874.01$3,701
Dec 2017095357.272.92$2,784
Nov 2017093255.423.12$2,906
Oct 2017097149.292.98$2,897
Sep 2017094747.523.09$2,924
Aug 2017097145.373.00$2,917
Jul 2017098343.873.09$3,035
Jun 2017095342.493.09$2,942
May 2017091545.373.26$2,986
Apr 2017093847.933.21$3,012
Mar 20179396746.772.98$7,235
Feb 2017092750.452.95$2,737
Jan 201701,00649.413.42$3,439
Dec 2016098148.763.72$3,652
Nov 2016094642.492.64$2,502
Oct 201601,00546.193.09$3,106
Sep 2016097341.553.10$3,017
Aug 201601,02041.442.92$2,983
Jul 201601,00641.622.92$2,942
Jun 2016099445.352.69$2,670
May 201601,08942.521.99$2,168
Apr 201601,07036.561.99$2,130
Mar 201601,07033.011.79$1,920
Feb 2016097926.472.06$2,020
Jan 201601,08027.352.36$2,554
Dec 2015731,12232.362.00$4,608
Nov 201501,10638.792.17$2,397
Oct 201501,10643.552.43$2,684
Sep 201501,08642.992.76$2,996
Aug 201501,09340.162.87$3,140
Jul 201501,13448.152.95$3,340
Jun 201501,15956.152.88$3,341
May 2015081255.212.96$2,400
Apr 201501,03649.822.71$2,804
Mar 201501,06042.892.93$3,111
Feb 2015096244.662.98$2,863
Jan 201501,05643.433.10$3,274
Dec 2014401,08554.693.59$6,084
Nov 201401,06370.464.25$4,520
Oct 201401,06278.303.90$4,143
Sep 201401,15986.164.05$4,689
Aug 201401,19889.394.04$4,834
Jul 201401,23596.564.18$5,162
Jun 2014361,18198.164.74$9,128
May 201401,25494.734.73$5,927
Apr 201401,24395.944.81$5,978
Mar 201401,15195.895.06$5,820
Feb 201401,07797.406.19$6,669
Jan 2014611,22590.404.86$11,469
Dec 201301,26191.824.35$5,491
Nov 201301,27688.853.74$4,770
Oct 201301,34797.423.78$5,091
Sep 201301,399104.113.72$5,201
Aug 2013491,512104.253.52$10,434
Jul 201301,323102.523.72$4,919
Jun 201301,51394.403.93$5,951
May 201301,61094.834.15$6,680
Apr 201301,69593.964.28$7,259
Mar 20136052093.623.91$7,652
Feb 201301,26491.233.42$4,323
Jan 201301,39591.603.42$4,771
Dec 201201,19486.773.42$4,084
Nov 201201,37486.953.62$4,981
Oct 201201,15789.383.40$3,933
Sep 201201,39194.672.92$4,059
Aug 201201,67492.662.91$4,868
Jul 201202,25285.133.02$6,803
Jun 201202,59379.822.52$6,532
May 201202891.612.49$70
Apr 2012044101.652.00$88
Mar 201201,168105.052.22$2,595
Feb 20121461,433101.102.57$18,444
Jan 201201,59798.092.73$4,366
Dec 201101,59896.873.24$5,177
Nov 201101,46695.723.31$4,854
Oct 201101,29684.983.65$4,729
Sep 201101,67083.623.99$6,656
Aug 201101,63583.404.15$6,784
Jul 201101,75094.144.52$7,905
Jun 201101,74892.904.64$8,111
May 201101,92898.134.40$8,492
Apr 201101,364105.964.33$5,911
Mar 2011591,72196.364.06$12,668
Feb 201101,57585.644.18$6,583
Jan 201101,69086.504.59$7,755
Dec 201001,78685.734.35$7,765
Nov 2010361,78580.843.80$9,685
Oct 201002,05678.103.51$7,214
Sep 201002,05972.633.98$8,194
Aug 201002,21173.684.42$9,771
Jul 2010721,96872.554.74$14,545
Jun 201002,14470.364.91$10,528
May 201002,10571.124.24$8,915
Apr 201002,21381.694.12$9,124
Mar 2010232,42678.394.39$12,450
Feb 2010562,27173.585.44$16,480
Jan 201002,55774.365.96$15,250
Dec 2009472,66471.445.48$17,966
Nov 2009752,65574.593.75$15,554
Oct 200902,86572.544.11$11,776
Sep 200902,91065.543.06$8,918
Aug 2009813,13467.423.22$15,548
Jul 200903,18361.133.46$11,028
Jun 200903,22766.163.90$12,569
May 20091583,31954.743.93$21,678
Apr 200903,59846.773.59$12,908
Mar 200904,19842.144.06$17,040
Feb 200903,82932.814.63$17,740
Jan 20091464,20035.865.37$27,794
Dec 200806,19437.105.98$37,022
Nov 20081566,77755.496.86$55,149
Oct 200807,38275.246.92$51,098
Sep 20080992101.767.88$7,814
Aug 200802,552114.228.48$21,649
Jul 20081732,881131.0811.39$55,490
Jun 200802,874131.3313.03$37,456
May 20081762,946123.1711.57$55,776
Apr 200803,078110.3110.45$32,180
Mar 200803,112101.909.66$30,075
Feb 20081812,94092.538.77$42,533
Jan 200803,63390.388.21$29,811
Dec 200704,43588.337.30$32,384
Nov 2007058091.677.29$4,229

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                   40 Mcf  × $  3.05 =       $122

────────────────────────────────────────────────────
Month total                                     $122

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/240780 is the state's own key, not one this site invented.