Bailey Unit

Oil & Gas Property in Karnes County, TX

Property Summary

Key data points for Bailey Unit

CountyKarnes County, TX
OperatorGULFTEX ENERGY, LLC
Production DatesOct 2011 - Dec 2024
Total Oil Production586,579 BBLs
Total Gas Production395,931 MCF
Recent Oil Production1,784 BBLs in Nov 2024
Recent Gas Production1,248 MCF in Nov 2024
Wells on Property4

Our Valuation Estimates for Bailey Unit

ShaleAssessment

$80,337 *

MarketMultiple

$210,398 **

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

Based on a decimal interest

Bailey Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Bailey Unit
from Oct 2011 to Dec 2024

Wells on Bailey Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-255-32047BAILEY UNIT 1HGULFTEX ENERGY, LLCShut InKarnes County, TX28.960804-98.059920
42-255-34544BAILEY UNIT 2HGULFTEX ENERGY, LLCProducingKarnes County, TX28.961787-98.061199
42-255-34603BAILEY UNIT 4HGULFTEX ENERGY, LLCProducingKarnes County, TX28.961849-98.061261
42-255-38022BAILEY UNIT 1HGULFTEX ENERGY, LLCHorizontal Well Surface LocatioKarnes County, TX28.965554-98.056708

Leases included in Bailey Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
02-09800BAILEY UNITGULFTEX ENERGY, LLCKarnes County, TX

Nearby Properties

These are the closest 20 properties to the Bailey Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Alvin NK Bernice AKarnes County, TX1,538 BBLs0 MCFDec 2024
Alvin NK UnitKarnes County, TX10,574 BBLs7,699 MCFDec 2024
BalserKarnes County, TX403 BBLs138 MCFDec 2024
DarleneKarnes County, TX4,743 BBLs16,572 MCFDec 2024
Dziuk UnitKarnes County, TX1,389 BBLs6,021 MCFDec 2024
Dzuik - StoeltjeKarnes County, TX5,832 BBLs2,495 MCFDec 2024
Fitch UnitKarnes County, TX8,491 BBLs19,157 MCFDec 2024
Fox - StoeltjeKarnes County, TX7,469 BBLs8,141 MCFDec 2024
Fox UnitKarnes County, TX6,009 BBLs263 MCFDec 2024
Fox-Fitch (Sa) AKarnes County, TX2,128 BBLs592 MCFDec 2024
GawlikKarnes County, TX841 BBLs386 MCFDec 2024
Gawlik - Pirate NWilson County, TX781 BBLs111 MCFDec 2024
Gawlik BWilson County, TX2,362 BBLs1,312 MCFDec 2024
Gawlik-Add CorpWilson County, TX1,656 BBLs785 MCFDec 2024
Glover UnitWilson County, TX423 BBLs179 MCFDec 2024
Joeckel UnitWilson County, TX878 BBLs143 MCFDec 2024
Kowalik UnitKarnes County, TX3,307 BBLs1,301 MCFDec 2024
Kowalik-MuenchowKarnes County, TX5,266 BBLs10,662 MCFDec 2024
LyssyKarnes County, TX610 BBLs389 MCFDec 2024
NieschwietzKarnes County, TX22,647 BBLs18,211 MCFDec 2024

Frac'ing activity on Bailey Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-255-34544Bailey 2H
42-255-34603Bailey 4H

Owners of Bailey Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MITCHELL CHED REVOCABLE TRBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2024SMITH GRACIE L SCZEPANIKBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2024MAGNOLIA OIL & GAS OPERATINGBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2024HORTON ROYALTY LPBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2024BAILEY JOHN CONRADBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2024MAGNOLIA OIL & GAS OPERATINGBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2024SCHMIDT FRANKLIN LEROY IIIBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2024SEKULA DEBORAH ANNBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
Displaying 8 of 22 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Bailey Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
02-09800BAILEY UNITOct 2024ETC TEXAS PIPELINE, LTD.MAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITSep 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITSep 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITAug 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITAug 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITJul 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITJul 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITJun 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITJun 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITMay 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITMay 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITApr 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITApr 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITMar 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITMar 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITFeb 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITFeb 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITJan 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITJan 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITDec 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITDec 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITNov 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITNov 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITOct 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITOct 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC