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 - Oct 2025
Total Oil Production596,288 BBLs
Total Gas Production414,015 MCF
Recent Oil Production1,363 BBLs in Sep 2025
Recent Gas Production1,532 MCF in Sep 2025
Wells on Property3

Our Valuation Estimates for Bailey Unit

ShaleAssessment

$68,881 *

MarketMultiple

$127,461 **

* 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 Oct 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

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, TX2,026 BBLs0 MCFOct 2025
Alvin NK UnitKarnes County, TX7,781 BBLs11,516 MCFOct 2025
DarleneKarnes County, TX5,596 BBLs7,174 MCFOct 2025
Davis UnitWilson County, TX348 BBLs0 MCFOct 2025
Dziuk UnitKarnes County, TX1,110 BBLs2,847 MCFOct 2025
Dzuik - StoeltjeKarnes County, TX3,598 BBLs683 MCFOct 2025
Fox - StoeltjeKarnes County, TX4,586 BBLs1,700 MCFOct 2025
Fox UnitKarnes County, TX2,875 BBLs0 MCFOct 2025
Fox-Fitch (Sa) AKarnes County, TX648 BBLs0 MCFOct 2025
GawlikKarnes County, TX347 BBLs79 MCFOct 2025
Gawlik - Pirate NWilson County, TX1,868 BBLs876 MCFOct 2025
Gawlik BWilson County, TX1,888 BBLs770 MCFOct 2025
Gawlik-Add CorpWilson County, TX1,869 BBLs876 MCFOct 2025
Joeckel UnitWilson County, TX370 BBLs45 MCFOct 2025
KowalikKarnes County, TX2,543 BBLs1,389 MCFOct 2025
Kowalik-MuenchowKarnes County, TX3,516 BBLs5,611 MCFOct 2025
LyssyKarnes County, TX552 BBLs411 MCFOct 2025
Muenchow UnitKarnes County, TX351 BBLs0 MCFOct 2025
NieschwietzKarnes County, TX9,469 BBLs17,274 MCFOct 2025
WilsonWilson County, TX2,978 BBLs1,688 MCFOct 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
2025GULFTEX ENERGY LLCBAILEY UNIT W#2H,4HGULFTEX ENERGY LLC
2025MITCHELL CHED REVOCABLE TRBAILEY UNIT W#2H,4HGULFTEX ENERGY LLC
2025SMITH GRACIE L SCZEPANIKBAILEY UNIT W#2H,4HGULFTEX ENERGY LLC
2025GULFTEX ENERGY LLCBAILEY UNIT W#2H,4HGULFTEX ENERGY LLC
2025HORTON ROYALTY LPBAILEY UNIT W#2H,4HGULFTEX ENERGY LLC
2025BAILEY JOHN CONRADBAILEY UNIT W#2H,4HGULFTEX ENERGY LLC
2025SEKULA DEBORAH ANNBAILEY UNIT W#2H,4HGULFTEX ENERGY LLC
2025TABOR MINERALS FUND II LPBAILEY UNIT W#2H,4HGULFTEX ENERGY LLC
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 UNITApr 2025SHELL TRADING (US) COMPANYGULFTEX ENERGY II, LP
02-09800BAILEY UNITMar 2025SHELL TRADING (US) COMPANYGULFTEX ENERGY II, LP
02-09800BAILEY UNITFeb 2025SHELL TRADING (US) COMPANYGULFTEX ENERGY II, LP
02-09800BAILEY UNITJan 2025SHELL TRADING (US) COMPANYGULFTEX ENERGY II, LP
02-09800BAILEY UNITDec 2024SHELL TRADING (US) COMPANYGULFTEX ENERGY II, LP
02-09800BAILEY UNITNov 2024SHELL TRADING (US) COMPANYGULFTEX ENERGY II, LP
02-09800BAILEY UNITOct 2024SHELL TRADING (US) COMPANYMAGNOLIA OIL & GAS OPERATING LLC
02-09800BAILEY UNITOct 2024SHELL TRADING (US) COMPANYGULFTEX ENERGY II, LP
02-09800BAILEY UNITOct 2024MAGNOLIA OIL & GAS OPERATING LLCMAGNOLIA 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