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 240945District 7CField 679985002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Feb 2008 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
220
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 Gas112008-10-30183830
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
CondensateDisposition821 bbl$55,743
GasProduction206,533 Mcf$1,051,828
Total$1,107,571

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 30.7936, -101.0101. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.79365, -101.01006 · 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
8,145 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 8,145 ft.

Completions filed
Feb 2008
1 of 1 wells

1 well

42-105405053278,145 ftFeb 2008

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 (220)

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

220 months

May 202602106.413.05$6
Apr 202601098.932.87$29
Mar 20260089.753.15$0
Feb 202602463.503.75$90
Jan 202607659.138.00$608
Dec 2025010156.664.41$446
Nov 2025011358.593.93$444
Oct 202503059.383.30$99
Sep 202503062.743.08$92
Aug 20250763.933.01$21
Jul 202504666.743.32$153
Jun 202504766.483.13$147
May 202503660.553.23$116
Apr 202502862.363.54$99
Mar 202501467.704.27$60
Feb 202507270.884.34$313
Jan 2025013874.324.28$590
Dec 2024013868.993.12$431
Nov 2024014169.052.20$310
Oct 2024012271.372.28$278
Sep 2024012969.612.36$305
Aug 202408975.632.06$184
Jul 202404279.932.15$90
Jun 202401678.082.63$42
May 202405578.812.20$121
Apr 2024012084.451.66$199
Mar 2024013080.301.55$201
Feb 202404776.091.78$84
Jan 202405073.023.30$165
Dec 202307671.262.61$198
Nov 202304877.892.81$135
Oct 202305485.443.09$167
Sep 2023014989.042.74$408
Aug 2023012780.522.67$339
Jul 2023014374.852.64$378
Jun 202309768.962.26$219
May 202306670.622.23$147
Apr 2023013678.122.24$304
Mar 2023015772.852.39$376
Feb 2023017575.112.47$431
Jan 2023011776.533.39$396
Dec 2022014776.415.73$842
Nov 2022020085.005.65$1,129
Oct 2022011487.185.86$668
Sep 2022016184.888.16$1,314
Aug 2022018094.529.13$1,643
Jul 20220175101.587.54$1,320
Jun 20220106115.097.98$846
May 20220178109.378.43$1,501
Apr 20220158104.226.84$1,080
Mar 20220187108.885.08$949
Feb 2022014691.054.86$709
Jan 2022016981.844.54$767
Dec 2021018471.323.90$717
Nov 2021021577.435.24$1,126
Oct 2021023679.795.71$1,348
Sep 2021020569.865.35$1,097
Aug 2021016966.024.22$713
Jul 2021012570.783.98$498
Jun 2021014669.493.38$494
May 2021017663.483.02$531
Apr 2021021260.362.76$585
Mar 202109961.302.72$269
Feb 2021013657.805.55$755
Jan 2021016650.412.81$467
Dec 2020019144.642.68$511
Nov 2020024738.772.71$669
Oct 2020028236.972.48$699
Sep 2020012637.091.99$251
Aug 2020020139.982.39$479
Jul 2020018638.371.83$339
Jun 2020018734.901.69$316
May 2020022416.921.81$407
Apr 2020010814.751.80$195
Mar 2020020330.341.86$377
Feb 2020019149.881.98$378
Jan 2020021957.252.09$459
Dec 2019029159.012.30$671
Nov 2019029255.302.75$803
Oct 2019030453.472.42$735
Sep 2019024355.052.66$646
Aug 2019019553.112.30$449
Jul 2019027656.272.46$679
Jun 2019026752.782.49$665
May 2019028458.482.74$778
Apr 2019033562.632.75$921
Mar 2019037356.803.06$1,142
Feb 2019032550.852.79$907
Jan 2019030946.033.23$998
Dec 2018036046.594.19$1,507
Nov 2018034752.934.24$1,470
Oct 2018038161.443.40$1,295
Sep 2018035559.543.11$1,103
Aug 2018034859.403.07$1,067
Jul 2018039765.142.93$1,164
Jun 2018041660.183.08$1,280
May 2018043065.382.90$1,247
Apr 2018037763.842.90$1,094
Mar 2018025861.222.79$719
Feb 2018032261.782.77$891
Jan 2018043562.874.01$1,744
Dec 2017050157.272.92$1,464
Nov 2017041555.423.12$1,294
Oct 2017049449.292.98$1,474
Sep 2017052747.523.09$1,627
Aug 2017042445.373.00$1,274
Jul 2017035843.873.09$1,105
Jun 2017045742.493.09$1,411
May 2017058345.373.26$1,903
Apr 2017054247.933.21$1,741
Mar 2017058146.772.98$1,734
Feb 2017056250.452.95$1,659
Jan 2017061549.413.42$2,103
Dec 2016065248.763.72$2,427
Nov 2016067642.492.64$1,788
Oct 2016065446.193.09$2,021
Sep 2016050441.553.10$1,563
Aug 2016055741.442.92$1,629
Jul 2016059641.622.92$1,743
Jun 2016072645.352.69$1,950
May 2016087142.521.99$1,734
Apr 2016080736.561.99$1,607
Mar 2016069333.011.79$1,243
Feb 2016094026.472.06$1,940
Jan 2016092127.352.36$2,178
Dec 20155880932.362.00$3,496
Nov 2015079138.792.17$1,714
Oct 201501,02543.552.43$2,487
Sep 2015194942.992.76$2,661
Aug 201501,06240.162.87$3,051
Jul 201501,11648.152.95$3,287
Jun 201501,16456.152.88$3,356
May 2015086355.212.96$2,551
Apr 201511,03649.822.71$2,854
Mar 201501,09142.892.93$3,202
Feb 201501,00344.662.98$2,985
Jan 201501,09143.433.10$3,383
Dec 2014491,14154.693.59$6,778
Nov 201411,10970.464.25$4,786
Oct 201401,08778.303.90$4,240
Sep 201401,12386.164.05$4,543
Aug 201401,08389.394.04$4,370
Jul 201401,13696.564.18$4,748
Jun 201401,04498.164.74$4,945
May 201401,16194.734.73$5,488
Apr 201401,08995.944.81$5,237
Mar 201401,06095.895.06$5,360
Feb 201401,12097.406.19$6,935
Jan 2014541,24090.404.86$10,909
Dec 201301,26891.824.35$5,521
Nov 201301,05588.853.74$3,944
Oct 2013098797.423.78$3,730
Sep 201301,088104.113.72$4,045
Aug 201301,290104.253.52$4,544
Jul 201301,249102.523.72$4,643
Jun 201301,24494.403.93$4,893
May 201301,20194.834.15$4,983
Apr 2013092993.964.28$3,979
Mar 2013074693.623.91$2,919
Feb 2013681,01691.233.42$9,678
Jan 201301,02291.603.42$3,495
Dec 2012094286.773.42$3,222
Nov 201201,37986.953.62$4,999
Oct 201201,49089.383.40$5,066
Sep 201201,48194.672.92$4,322
Aug 201201,60192.662.91$4,656
Jul 201201,36985.133.02$4,135
Jun 201201,25979.822.52$3,171
May 201201,42891.612.49$3,553
Apr 201201,423101.652.00$2,841
Mar 201201,459105.052.22$3,242
Feb 20121031,350101.102.57$13,883
Jan 201201,47598.092.73$4,033
Dec 201101,50096.873.24$4,860
Nov 201101,48295.723.31$4,907
Oct 201101,59684.983.65$5,823
Sep 201101,58983.623.99$6,333
Aug 201101,64183.404.15$6,809
Jul 201101,73294.144.52$7,824
Jun 201101,62792.904.64$7,549
May 201101,56898.134.40$6,907
Apr 20110937105.964.33$4,060
Mar 2011087696.364.06$3,554
Feb 201101,12285.644.18$4,690
Jan 201101,39186.504.59$6,383
Dec 201001,63885.734.35$7,122
Nov 201001,66480.843.80$6,315
Oct 2010551,84178.103.51$10,755
Sep 201001,86372.633.98$7,414
Aug 201001,73573.684.42$7,668
Jul 201001,66772.554.74$7,896
Jun 201001,98570.364.91$9,747
May 201001,69071.124.24$7,158
Apr 201001,91881.694.12$7,907
Mar 2010512,08878.394.39$13,161
Feb 201002,05273.585.44$11,168
Jan 201002,26174.365.96$13,485
Dec 200992,34471.445.48$13,497
Nov 2009642,26074.593.75$13,252
Oct 200902,33572.544.11$9,597
Sep 200902,29765.543.06$7,040
Aug 200902,53367.423.22$8,152
Jul 200902,64061.133.46$9,146
Jun 200902,64666.163.90$10,306
May 200902,58054.743.93$10,128
Apr 20091402,72846.773.59$16,335
Mar 200902,79342.144.06$11,337
Feb 200902,84832.814.63$13,195
Jan 200903,36435.865.37$18,068
Dec 200803,23637.105.98$19,342
Nov 20081673,55355.496.86$33,642
Oct 200804,22075.246.92$29,211
Sep 200801,357101.767.88$10,689
Aug 200803,230114.228.48$27,400
Jul 200804,164131.0811.39$47,426
Jun 200804,540131.3313.03$59,168
May 200805,392123.1711.57$62,409
Apr 200806,304110.3110.45$65,907
Mar 200807,461101.909.66$72,104
Feb 200804,97292.538.77$43,607

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/240945 is the state's own key, not one this site invented.