Bailey

Oil & Gas Property in Gaines County, TX

Property Summary

Key data points for Bailey

CountyGaines County, TX
Production DatesJan 1993 - Oct 2024
Total Oil Production1,252,707 BBLs
Total Gas Production5,407,593 MCF
Recent Oil Production946 BBLs in Sep 2024
Recent Gas Production8,213 MCF in Sep 2024
Wells on Property28

Our Valuation Estimates for Bailey

ShaleAssessment

$84,235 *

MarketMultiple

$182,564 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Bailey Production Graph

Aggregated production of all wells and leases associated with this property
Subscribe for Full Access Subscribe now to gain immediate access
to oil and gas production for Bailey
from Jan 1993 to Oct 2024

Wells on Bailey

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-165-33441BAILEY 1Contango Resources, LLCProducingGaines County, TX32.567896-102.973339
42-165-33495BAILEY 2Contango Resources, LLCProducingGaines County, TX32.571408-102.974609
42-165-33573BAILEY 3Contango Resources, LLCProducingGaines County, TX32.563910-102.972210
42-165-33611BAILEY 4Contango Resources, LLCProducingGaines County, TX32.574860-102.975682
42-165-35002BAILEY 5Contango Resources, LLCProducingGaines County, TX32.565504-102.975346
42-165-35828BAILEY 7MAYNARD OIL CO.Permitted LocationGaines County, TX32.567923-102.970092
42-165-35878BAILEY 6MAYNARD OIL CO.Permitted LocationGaines County, TX32.563554-102.968767
42-165-36155BAILEY 6Contango Resources, LLCProducingGaines County, TX32.564437-102.967089
42-165-36156BAILEY 7Contango Resources, LLCProducingGaines County, TX32.567909-102.968265
42-165-36236BAILEY 8Contango Resources, LLCProducingGaines County, TX32.571282-102.969523
42-165-36237BAILEY 9Contango Resources, LLCProducingGaines County, TX32.574757-102.970686
42-165-36241BAILEY 10Contango Resources, LLCProducingGaines County, TX32.562140-102.977919
42-165-36381BAILEY 11Contango Resources, LLCProducingGaines County, TX32.567425-102.977405
42-165-36382BAILEY 12Contango Resources, LLCShut InGaines County, TX32.570217-102.977727
42-165-36385BAILEY 13Contango Resources, LLCProducingGaines County, TX32.577512-102.976669
42-165-36386BAILEY 14FOREST OIL CORPORATIONPermitted LocationGaines County, TX32.578347-102.971723
42-165-36438BAILEY 16Contango Resources, LLCProducingGaines County, TX32.566860-102.971383
42-165-37212BAILEY 17Contango Resources, LLCShut InGaines County, TX32.564866-102.978689
42-165-37213BAILEY 18Contango Resources, LLCShut InGaines County, TX32.563122-102.975002
42-165-37221BAILEY 20Contango Resources, LLCProducingGaines County, TX32.570337-102.972045
42-165-37226BAILEY 19Contango Resources, LLCProducingGaines County, TX32.573405-102.976857
42-165-37257BAILEY 24Contango Resources, LLCProducingGaines County, TX32.565935-102.968996
42-165-37263BAILEY 21Contango Resources, LLCProducingGaines County, TX32.569099-102.974982
42-165-37265BAILEY 22Contango Resources, LLCProducingGaines County, TX32.561716-102.972336
42-165-37266BAILEY 23Contango Resources, LLCProducingGaines County, TX32.573237-102.972640
42-165-37368BAILEY 25Contango Resources, LLCProducingGaines County, TX32.569029-102.970113
42-165-37393BAILEY 26Contango Resources, LLCShut InGaines County, TX32.563348-102.969796
42-165-37568BAILEY 27Contango Resources, LLCProducingGaines County, TX32.560984-102.975684

Leases included in Bailey

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-36299BAILEYContango Resources, LLCGaines County, TX
8A-65655BAILEYContango Resources, LLCGaines County, TX

Nearby Properties

These are the closest 20 properties to the Bailey property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlleyGaines County, TX1,663 BBLs6,402 MCFOct 2024
AndrewsGaines County, TX91 BBLs926 MCFOct 2024
BlevinsGaines County, TX163 BBLs565 MCFOct 2024
BradfordGaines County, TX266 BBLs716 MCFOct 2024
CatonGaines County, TX338 BBLs4,389 MCFOct 2024
Cities ServiceGaines County, TX1,603 BBLs3,687 MCFOct 2024
CrumpGaines County, TX981 BBLs1,325 MCFOct 2024
InglerGaines County, TX170 BBLs532 MCFOct 2024
JamesGaines County, TX271 BBLs356 MCFOct 2024
KnightGaines County, TX53 BBLs625 MCFOct 2024
LandrethGaines County, TX158 BBLs0 MCFOct 2024
Lewallen W. FGaines County, TX789 BBLs849 MCFOct 2024
MarkhamGaines County, TX0 BBLs0 MCFJan 2024
MerryGaines County, TX47 BBLs0 MCFOct 2024
MooersGaines County, TX227 BBLs1,195 MCFOct 2024
PetersenGaines County, TX1,930 BBLs2,839 MCFOct 2024
ScantlingGaines County, TX239 BBLs1,098 MCFOct 2024
Steinle 15Gaines County, TX0 BBLs0 MCFMar 2023
TerryGaines County, TX326 BBLs656 MCFOct 2024
TM Dempsey 28-0Gaines County, TX521 BBLs1,877 MCFOct 2024

Frac'ing activity on Bailey

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-165-36382Bailey 12
42-165-37212Bailey 17
42-165-37221Bailey 20
42-165-37393Bailey 26

Owners of Bailey

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024CONTANGO RESOURCESBAILEY W#1-4,8,9,16,23,25CONTANGO RESOU
2024CONTANGO RESOURCESBAILEY W#21,22,26,27CONTANGO RESOU
2024CONTANGO RESOURCESBAILEY W#11,12,13CONTANGO RESOU
2024CONTANGO RESOURCESBAILEYCONTANGO RESOU
2024CONTANGO RESOURCESBAILEY W#17,18CONTANGO RESOU
2024CONTANGO RESOURCESBAILEY W#10,19,20CONTANGO RESOU
2024CONTANGO RESOURCESBAILEY W#6CONTANGO RESOU
2024TURNER FRED MINERALS LTDBAILEY W#1-4,8,9,16,23,25CONTANGO RESOU
Displaying 8 of 485 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Bailey

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-36299BAILEYOct 2024ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
08-36299BAILEYSep 2024ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYSep 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-36299BAILEYAug 2024ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYAug 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-36299BAILEYJul 2024ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYJul 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
8A-65655BAILEYJul 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-36299BAILEYJun 2024ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYJun 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
8A-65655BAILEYJun 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-36299BAILEYMay 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-36299BAILEYMay 2024ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYMay 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
8A-65655BAILEYMay 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-36299BAILEYApr 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-36299BAILEYApr 2024ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYApr 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
8A-65655BAILEYApr 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-36299BAILEYMar 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-36299BAILEYMar 2024ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYMar 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
8A-65655BAILEYMar 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-36299BAILEYFeb 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-36299BAILEYFeb 2024ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC