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 - Jan 2025
Total Oil Production587,568 BBLs
Total Gas Production397,489 MCF
Recent Oil Production2,438 BBLs in Dec 2024
Recent Gas Production1,741 MCF in Dec 2024
Wells on Property4

Our Valuation Estimates for Bailey Unit

ShaleAssessment

$79,298 *

MarketMultiple

$223,756 **

* 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 Jan 2025

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, TX2,314 BBLs0 MCFJan 2025
Alvin NK UnitKarnes County, TX10,953 BBLs7,438 MCFJan 2025
AndersonWilson County, TX691 BBLs466 MCFJan 2025
BalserKarnes County, TX403 BBLs189 MCFJan 2025
DarleneKarnes County, TX4,405 BBLs15,840 MCFJan 2025
Dziuk UnitKarnes County, TX2,014 BBLs7,824 MCFJan 2025
Dzuik - StoeltjeKarnes County, TX6,340 BBLs3,304 MCFJan 2025
Fox - StoeltjeKarnes County, TX7,697 BBLs5,484 MCFJan 2025
Fox UnitKarnes County, TX6,325 BBLs0 MCFJan 2025
Fox-Fitch (Sa) AKarnes County, TX1,829 BBLs479 MCFJan 2025
GawlikKarnes County, TX655 BBLs264 MCFJan 2025
Gawlik BWilson County, TX2,244 BBLs1,237 MCFJan 2025
Gawlik-Add CorpWilson County, TX1,267 BBLs787 MCFJan 2025
Glover UnitWilson County, TX674 BBLs563 MCFJan 2025
Joeckel UnitWilson County, TX920 BBLs178 MCFJan 2025
Kowalik UnitKarnes County, TX2,982 BBLs786 MCFJan 2025
Kowalik-MuenchowKarnes County, TX4,642 BBLs9,901 MCFJan 2025
LyssyKarnes County, TX668 BBLs388 MCFJan 2025
Muenchow UnitKarnes County, TX569 BBLs35 MCFJan 2025
NieschwietzKarnes County, TX19,738 BBLs19,107 MCFJan 2025

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
2024MOSS KATHLEEN MARIEBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2024SCHMIDT FRANKLIN LEROY IIIBAILEY 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