BAILEY, J. R. ESTATE

Operated by APPROACH OPERATING LLC (P-5 28625) 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 63254District 7CField 67998500CondensateGasSaveExport
Value, all time
$300 k
Jan 1993 – Nov 2017
Value, last 12 filed months
$598
at the published price for each month
Months reported
299
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

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
CondensateDisposition668 bbl$26,984
GasProduction90,022 Mcf$273,297
Total$300,282

25,902 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 30.8192, -101.0103. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.81918, -101.01027 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
7,825 ft
1 wells filed one
Completion to plug
42.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 7,825 ft.

Completions filed
Dec 1974
1 of 1 wells
Plug dates filed
Nov 2017
1 of 1 wells

Last completion to plug: a median of 42.9 years across the 1 well that filed both dates, with the middle half between 42.9 years and 42.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-1053057927,825 ftDec 1974Nov 2017Yes

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 (299)

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

299 months

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 2017017549.413.42$598
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 201608445.352.69$226
May 2016057042.521.99$1,135
Apr 201606736.561.99$133
Mar 2016023733.011.79$425
Feb 20160026.472.06$0
Jan 2016025827.352.36$610
Dec 2015030632.362.00$612
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150849.822.71$22
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 2014015678.303.90$609
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
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 2013018788.853.74$699
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 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012037898.092.73$1,033
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 20110285.644.18$8
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 20100670.364.91$29
May 20100071.124.24$0
Apr 20100581.694.12$21
Mar 20100578.394.39$22
Feb 201001573.585.44$82
Jan 201001474.365.96$84
Dec 200904171.445.48$225
Nov 200904274.593.75$158
Oct 200903372.544.11$136
Sep 200903365.543.06$101
Aug 200903667.423.22$116
Jul 200909761.133.46$336
Jun 20090066.163.90$0
May 2009022754.743.93$891
Apr 20090046.773.59$0
Mar 20090342.144.06$12
Feb 200902332.814.63$107
Jan 2009016935.865.37$908
Dec 20080037.105.98$0
Nov 20080355.496.86$21
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20080105114.228.48$891
Jul 200810117131.0811.39$2,643
Jun 200820173131.3313.03$4,881
May 2008434123.1711.57$886
Apr 2008526110.3110.45$823
Mar 2008862101.909.66$1,414
Feb 20084729692.538.77$6,945
Jan 200854590.388.21$821
Dec 200765988.337.30$961
Nov 20071111091.677.29$1,810
Oct 2007910582.856.92$1,472
Sep 20070075.846.24$0
Aug 2007139969.066.39$1,530
Jul 200788670.906.39$1,117
Jun 200764462.007.55$704
May 2007128658.747.85$1,380
Apr 200711159.617.81$145
Mar 200798056.927.30$1,096
Feb 200798255.108.22$1,170
Jan 200709350.306.73$626
Dec 2006010056.656.92$692
Nov 20060054.207.62$0
Oct 200608254.906.01$493
Sep 200602260.085.04$111
Aug 2006024168.717.34$1,769
Jul 2006018969.376.34$1,199
Jun 2006029566.286.38$1,883
May 2006028166.016.42$1,805
Apr 200602064.397.36$147
Mar 2006013056.707.08$921
Feb 2006025557.597.75$1,977
Jan 2006016860.598.93$1,501
Dec 2005013754.9413.42$1,838
Nov 2005019254.6910.59$2,033
Oct 2005022358.3413.80$3,076
Sep 2005020161.4512.08$2,428
Aug 20051922561.519.80$3,373
Jul 2005030955.697.84$2,424
Jun 2005044452.337.38$3,277
May 2005034145.226.65$2,268
Apr 2005031549.207.36$2,319
Mar 2005039750.377.15$2,840
Feb 2005033345.226.31$2,102
Jan 2005047543.166.32$3,003
Dec 2004056839.866.75$3,835
Nov 2004054345.286.33$3,437
Oct 2004051449.706.52$3,349
Sep 2004049343.245.28$2,605
Aug 2004052542.375.55$2,914
Jul 20041058738.286.08$3,954
Jun 20041354236.106.43$3,956
May 20041153737.486.49$3,900
Apr 2004947634.475.86$3,099
Mar 2004751134.365.53$3,066
Feb 2004651432.455.51$3,027
Jan 2004051732.036.30$3,257
Dec 2003051030.266.30$3,214
Nov 2003051528.804.60$2,367
Oct 2003061328.174.76$2,918
Sep 2003048526.314.75$2,303
Aug 2003053529.765.13$2,744
Jul 2003054129.415.17$2,797
Jun 2003051828.565.98$3,099
May 2003051026.595.97$3,046
Apr 2003047526.675.41$2,568
Mar 2003059031.146.10$3,597
Feb 2003052933.487.93$4,193
Jan 2003058830.315.58$3,282
Dec 2002060026.914.85$2,912
Nov 2002059624.664.14$2,466
Oct 2002066526.464.23$2,812
Sep 2002057627.443.64$2,094
Aug 2002068925.963.16$2,180
Jul 2002076224.583.06$2,333
Jun 2002072523.733.34$2,420
May 2002067324.663.58$2,412
Apr 2002072823.653.51$2,557
Mar 2002075222.003.10$2,333
Feb 2002771218.222.38$1,819
Jan 2002076617.172.38$1,820
Dec 2001071116.932.36$1,681
Nov 2001076418.072.41$1,838
Oct 2001076719.782.53$1,940
Sep 2001071924.262.25$1,619
Aug 2001069524.873.05$2,122
Jul 2001069723.933.20$2,228
Jun 20014076124.563.82$3,893
May 2001087125.524.31$3,752
Apr 2001079124.685.34$4,220
Mar 2001085024.545.38$4,570
Feb 2001068527.755.77$3,950
Jan 2001071327.478.40$5,988
Dec 2000053726.889.12$4,899
Nov 2000024332.215.66$1,375
Oct 2000044231.235.15$2,274
Sep 2000055431.875.19$2,873
Aug 2000049629.644.54$2,252
Jul 2000043328.534.09$1,771
Jun 2000054029.304.40$2,375
May 2000039227.263.68$1,442
Apr 2000067424.513.12$2,100
Mar 2000092228.422.86$2,637
Feb 2000090427.622.73$2,465
Jan 200001,07825.272.48$2,674
Dec 199901,26524.282.42$3,066
Nov 199901,38923.192.43$3,381
Oct 199906720.982.80$188
Sep 199903121.752.62$81
Aug 199901819.262.88$52
Jul 199908917.892.37$211
Jun 19990515.942.36$12
May 19990115.792.32$2
Apr 1999021115.102.21$466
Mar 1999013412.471.84$246
Feb 199905139.981.82$933
Jan 1999055810.381.90$1,060
Dec 199806029.201.77$1,068
Nov 1998069110.892.19$1,510
Oct 1998056512.421.97$1,113
Sep 1998051112.592.08$1,064
Aug 1998064911.301.91$1,238
Jul 1998061311.742.24$1,371
Jun 1998060611.242.24$1,356
May 1998057512.622.21$1,269
Apr 1998058913.042.51$1,476
Mar 1998058512.802.31$1,351
Feb 1998051313.952.30$1,179
Jan 1998056114.702.15$1,209
Dec 1997048716.322.41$1,174
Nov 1997047418.193.09$1,464
Oct 1997041519.253.15$1,307
Sep 1997048317.742.95$1,427
Aug 1997045717.862.55$1,168
Jul 1997043517.582.25$977
Jun 1997034317.242.26$774
May 1997039718.972.31$916
Apr 1997050717.882.08$1,056
Mar 1997049718.951.94$964
Feb 1997048720.492.21$1,074
Jan 1997031023.483.54$1,097
Dec 1996052123.32$0
Nov 1996032621.97$0
Oct 1996055323.31$0
Sep 1996055122.22$0
Aug 1996061620.26$0
Jul 1996044419.55$0
Jun 19961141118.73$206
May 19961544919.43$291
Apr 19962248321.51$473
Mar 19962771619.38$523
Feb 19961232716.98$204
Jan 19962772217.07$461
Dec 19952656117.19$447
Nov 19952450716.00$384
Oct 19951855515.43$278
Sep 19952148416.18$340
Aug 19952050615.92$318
Jul 19951748915.24$259
Jun 1995054116.41$0
May 1995053617.56$0
Apr 1995051217.73$0
Mar 1995061916.44$0
Feb 1995060616.58$0
Jan 1995064415.92$0
Dec 1994076015.03$0
Nov 1994064915.90$0
Oct 1994058615.58$0
Sep 1994052515.29$0
Aug 1994053916.13$0
Jul 1994063217.56$0
Jun 1994748317.09$120
May 1994749215.88$111
Apr 1994530714.14$71
Mar 1994637512.46$75
Feb 1994741012.50$88
Jan 1994842812.66$101
Dec 1993040612.33$0
Nov 1993045614.49$0
Oct 1993060515.85$0
Sep 1993043015.03$0
Aug 1993046815.66$0
Jul 1993070515.46$0
Jun 19931567716.79$252
May 19931467317.68$248
Apr 19931258618.05$217
Mar 19931264418.14$218
Feb 19931469617.90$251
Jan 19931669116.93$271

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.

Jan 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 49.41 =         $0
Gas                  175 Mcf  × $  3.42 =       $598

────────────────────────────────────────────────────
Month total                                     $598

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/63254 is the state's own key, not one this site invented.