Bailey Unit

Oil & Gas Property in Karnes County, TX

Property Summary

Key data points for Bailey Unit

CountyKarnes County, TX
Production DatesOct 2011 - Dec 2023
Total Oil Production567,095 BBLs
Total Gas Production385,094 MCF
Recent Oil Production1,828 BBLs in Nov 2023
Recent Gas Production56 MCF in Nov 2023
Wells on Property4

Our Valuation Estimates for Bailey Unit

ShaleAssessment

$97,449 *

MarketMultiple

$238,940 **

* 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 2023

Wells on Bailey Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-255-32047BAILEY UNIT 1HMAGNOLIA OIL & GAS OPERATING LLCShut InKarnes County, TX28.960804-98.059920
42-255-34544BAILEY UNIT 2HMAGNOLIA OIL & GAS OPERATING LLCProducingKarnes County, TX28.961787-98.061199
42-255-34603BAILEY UNIT 4HMAGNOLIA OIL & GAS OPERATING 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 UNITMAGNOLIA OIL & GAS OPERATING LLCKarnes County, TX

Operators Associated With Bailey Unit

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, TX5,006 BBLs3,201 MCFDec 2023
Alvin NK UnitKarnes County, TX19,736 BBLs27,066 MCFDec 2023
BalserKarnes County, TX630 BBLs227 MCFDec 2023
Conrad UnitKarnes County, TX523 BBLs1,774 MCFDec 2023
DarleneKarnes County, TX11,222 BBLs27,400 MCFDec 2023
Dziuk UnitKarnes County, TX2,550 BBLs9,492 MCFDec 2023
Dzuik - StoeltjeKarnes County, TX11,545 BBLs8,761 MCFDec 2023
Fox - StoeltjeKarnes County, TX14,954 BBLs11,992 MCFDec 2023
Fox UnitKarnes County, TX5,852 BBLs1,282 MCFDec 2023
Fox-Fitch (Sa) AKarnes County, TX8,298 BBLs4,126 MCFDec 2023
GawlikKarnes County, TX1,320 BBLs474 MCFDec 2023
Gawlik - Pirate NWilson County, TX2,874 BBLs1,828 MCFDec 2023
Gawlik BWilson County, TX2,766 BBLs1,353 MCFDec 2023
Gawlik-Add CorpWilson County, TX2,969 BBLs2,889 MCFDec 2023
Joeckel UnitWilson County, TX963 BBLs999 MCFDec 2023
Kowalik UnitKarnes County, TX3,271 BBLs5,784 MCFDec 2023
Kowalik-MuenchowKarnes County, TX4,274 BBLs733 MCFDec 2023
LyssyKarnes County, TX850 BBLs524 MCFDec 2023
Muenchow UnitKarnes County, TX306 BBLs98 MCFDec 2023
NieschwietzKarnes County, TX2,196 BBLs4,972 MCFDec 2023

Owners of Bailey Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2023MAGNOLIA OIL & GAS OPERATINGBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2023MITCHELL CHED REVOCABLE TRBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2023SMITH GRACIE L SCZEPANIKBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2023MAGNOLIA OIL & GAS OPERATINGBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2023HORTON ROYALTY LPBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2023BAILEY JOHN CONRADBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2023CIONE DOROTHY SBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2023TABOR MINERALS FUND II LPBAILEY 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 UNITNov 2023ETC TEXAS PIPELINE, LTD.MAGNOLIA 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
02-09800BAILEY UNITSep 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITSep 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITAug 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITAug 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITJul 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITJul 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITJun 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITJun 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITMay 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITMay 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITApr 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITApr 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITMar 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITMar 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITFeb 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITFeb 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITJan 2023SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITJan 2023MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITDec 2022SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITDec 2022MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITNov 2022SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITNov 2022MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA OIL & GAS OPERATING LLC