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 - Jun 2025
Total Oil Production1,259,791 BBLs
Total Gas Production5,462,969 MCF
Recent Oil Production916 BBLs in May 2025
Recent Gas Production6,949 MCF in May 2025
Wells on Property28

Our Valuation Estimates for Bailey

ShaleAssessment™

$76,594 *

MarketMultiple™

$139,486 **

* 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 Jun 2025

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

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, TX1,716 BBLs5,300 MCFJun 2025
AndrewsGaines County, TX142 BBLs435 MCFJun 2025
BlevinsGaines County, TX20 BBLs63 MCFJun 2025
BradfordGaines County, TX138 BBLs287 MCFJun 2025
CatonGaines County, TX174 BBLs5,060 MCFJun 2025
Cities ServiceGaines County, TX1,963 BBLs2,823 MCFJun 2025
CrumpGaines County, TX1,855 BBLs3,587 MCFJun 2025
InglerGaines County, TX145 BBLs499 MCFJun 2025
JamesGaines County, TX121 BBLs88 MCFJun 2025
KnightGaines County, TX54 BBLs499 MCFJun 2025
LandrethGaines County, TX184 BBLs168 MCFJun 2025
Lewallen W. FGaines County, TX874 BBLs1,071 MCFJun 2025
MarkhamGaines County, TX0 BBLs0 MCFJan 2024
MerryGaines County, TX84 BBLs0 MCFJun 2025
MooersGaines County, TX104 BBLs1,223 MCFJun 2025
PetersenGaines County, TX1,502 BBLs0 MCFJun 2025
ScantlingGaines County, TX59 BBLs100 MCFJun 2025
Steinle 15Gaines County, TX148 BBLs0 MCFJun 2025
TerryGaines County, TX145 BBLs300 MCFJun 2025
TM Dempsey 28-0Gaines County, TX173 BBLs1,423 MCFJun 2025

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
Flat Top Operating, LLC
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.
Sandridge Exploration And Production LLC
Satanta Oil Company
Scout Energy Management LLC
Seay Exploration, Inc.
Sheridan Production Company, LLC
Sozo Natural Resources LLC
Texland-Rector & Schumacher

Frac'ing activity on Bailey

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-165-36382Bailey 12
42-165-36385Bailey #13
42-165-37212Bailey 17
42-165-37221Bailey 20
42-165-37221Bailey 20
42-165-37393Bailey 26
42-165-37568Bailey 27

Owners of Bailey

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025CONTANGO RESOURCESBAILEY W#1-4,8,9,16,23,25CONTANGO RESOU
2025CONTANGO RESOURCESBAILEY W#21,22,26,27CONTANGO RESOU
2025CONTANGO RESOURCESBAILEYCONTANGO RESOU
2025CONTANGO RESOURCESBAILEY W#11,12,13CONTANGO RESOU
2025CONTANGO RESOURCESBAILEY W#17,18CONTANGO RESOU
2025CONTANGO RESOURCESBAILEY W#10,19,20CONTANGO RESOU
2025CONTANGO RESOURCESBAILEY W#6CONTANGO RESOU
2025CONTANGO RESOURCESBAILEY W#24CONTANGO RESOU
Displaying 8 of 1198 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
8A-65655BAILEYApr 2025ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
08-36299BAILEYMar 2025ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYMar 2025CONTANGO RESOURCES, LLC
08-36299BAILEYFeb 2025ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYFeb 2025CONTANGO RESOURCES, LLC
08-36299BAILEYJan 2025ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYJan 2025CONTANGO RESOURCES, LLC
08-36299BAILEYDec 2024ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYDec 2024CONTANGO RESOURCES, LLC
8A-65655BAILEYDec 2024CONTANGO RESOURCES, LLCCONTANGO RESOURCES, LLC
08-36299BAILEYNov 2024ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYNov 2024CONTANGO RESOURCES, LLC
08-36299BAILEYOct 2024ENTERPRISE CRUDE OIL LLCCONTANGO RESOURCES, LLC
8A-65655BAILEYOct 2024CONTANGO RESOURCES, LLC
8A-65655BAILEYOct 2024CONTANGO RESOURCES, 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