Bailey

Oil & Gas Property in Gaines County, TX

  2. Texas
  3. Gaines County, TX
  4. Oil & Gas Properties in Gaines County, TX
  5. Bailey Oil & Gas Property

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Property Summary

Key data points for Bailey

CountyGaines County, TX
Production DatesJan 1993 - Jan 2024
Total Oil Production1,240,156 BBLs
Total Gas Production5,330,643 MCF
Recent Oil Production1,536 BBLs in Dec 2023
Recent Gas Production15,181 MCF in Dec 2023
Wells on Property28

Our Valuation Estimates for Bailey

ShaleAssessment™

$108,555 *

MarketMultiple™

$193,282 **

* 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 Jan 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, LLCShut InGaines County, TX32.574860-102.975682
42-165-35002BAILEY 5Contango Resources, LLCShut InGaines 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, LLCShut InGaines County, TX32.567909-102.968265
42-165-36236BAILEY 8Contango Resources, LLCShut InGaines County, TX32.571262-102.969532
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, LLCProducingGaines 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, LLCShut InGaines County, TX32.566860-102.971383
42-165-37212BAILEY 17Contango Resources, LLCProducingGaines County, TX32.564866-102.978689
42-165-37213BAILEY 18Contango Resources, LLCProducingGaines 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, LLCShut InGaines County, TX32.565935-102.968996
42-165-37263BAILEY 21Contango Resources, LLCShut InGaines County, TX32.569099-102.974982
42-165-37265BAILEY 22Contango Resources, LLCShut InGaines County, TX32.561716-102.972336
42-165-37266BAILEY 23Contango Resources, LLCProducingGaines County, TX32.573216-102.972650
42-165-37368BAILEY 25Contango Resources, LLCShut InGaines County, TX32.569029-102.970113
42-165-37393BAILEY 26Contango Resources, LLCProducingGaines County, TX32.563348-102.969796
42-165-37568BAILEY 27Contango Resources, LLCShut InGaines 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

Operators Associated With Bailey

Nearby Properties

These are the closest 20 properties to the Bailey property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AlleyGaines County, TX2,735 BBLs7,024 MCFJan 2024
AndrewsGaines County, TX68 BBLs93 MCFJan 2024
BlevinsGaines County, TX465 BBLs714 MCFJan 2024
BradfordGaines County, TX542 BBLs923 MCFJan 2024
CatonGaines County, TX317 BBLs3,515 MCFJan 2024
Cities ServiceGaines County, TX1,471 BBLs5,046 MCFJan 2024
CrumpGaines County, TX1,816 BBLs2,296 MCFJan 2024
InglerGaines County, TX409 BBLs1,050 MCFJan 2024
JamesGaines County, TX257 BBLs318 MCFJan 2024
KnightGaines County, TX142 BBLs1,730 MCFJan 2024
LandrethGaines County, TX644 BBLs1,148 MCFJan 2024
Lewallen W. FGaines County, TX558 BBLs3,099 MCFJan 2024
MarkhamGaines County, TX17 BBLs0 MCFJan 2024
MerryGaines County, TX97 BBLs0 MCFJan 2024
MooersGaines County, TX318 BBLs1,300 MCFJan 2024
PetersenGaines County, TX2,434 BBLs2,247 MCFJan 2024
ScantlingGaines County, TX262 BBLs1,232 MCFJan 2024
Steinle 15Gaines County, TX0 BBLs0 MCFMar 2023
TerryGaines County, TX304 BBLs386 MCFJan 2024
TM Dempsey 28-0Gaines County, TX706 BBLs3,633 MCFJan 2024

Companies in the Area

These are the closest 20 companies operating near the Bailey property.

Company Name
Arch Petroleum Inc.
Ciervo Resources Asset Holding, LLC
Contango Resources LLC
Extex Operating Company
Forest Oil Corporation
Forest Oil Permian Corporation
Kemper Operating Co.
Maynard Oil Co.
Petroleum Technical Services Co.
Plains Petroleum Operating Co
RGX Energy LLC
Rim Operating, Inc.
Robertson Resources, Inc.
Sandridge Exploration And Production LLC
Satanta Oil Company
Scout Energy Management LLC
Sheridan Production Company, LLC
Sozo Natural Resources LLC
Texland Petroleum, L.P.
Texland-Rector & Schumacher

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
2023CONTANGO RESOURCESBAILEY W#1-4,8,9,16,23,25CONTANGO RESOU
2023CONTANGO RESOURCESBAILEY W#21,22,26,27CONTANGO RESOU
2023CONTANGO RESOURCESBAILEY W#11,12,13CONTANGO RESOU
2023CONTANGO RESOURCESBAILEY W#17,18CONTANGO RESOU
2023CONTANGO RESOURCESBAILEY W#10,19,20CONTANGO RESOU
2023CONTANGO RESOURCESBAILEY W#6CONTANGO RESOU
2023CONTANGO RESOURCESBAILEY W#24CONTANGO RESOU
2023TURNER FRED MINERALS LTDBAILEY W#1-4,8,9,16,23,25CONTANGO RESOU
Displaying 8 of 517 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
08-36299BAILEYDec 2023ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
08-36299BAILEYNov 2023ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYNov 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-36299BAILEYOct 2023ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYOct 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-36299BAILEYSep 2023ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYSep 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-36299BAILEYAug 2023ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYAug 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-36299BAILEYJul 2023ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYJul 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-36299BAILEYJun 2023ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYJun 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-36299BAILEYMay 2023ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYMay 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-36299BAILEYApr 2023ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYApr 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-36299BAILEYMar 2023ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYMar 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-36299BAILEYFeb 2023ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYFeb 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-36299BAILEYJan 2023ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYJan 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-36299BAILEYDec 2022ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYDec 2022DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC