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 - Jun 2025
Total Oil Production592,312 BBLs
Total Gas Production406,857 MCF
Recent Oil Production933 BBLs in May 2025
Recent Gas Production1,701 MCF in May 2025
Wells on Property4

Our Valuation Estimates for Bailey Unit

ShaleAssessment

$73,772 *

MarketMultiple

$167,317 **

* 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 Jun 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, TX991 BBLs0 MCFJun 2025
Alvin NK UnitKarnes County, TX7,463 BBLs7,804 MCFJun 2025
Conrad UnitKarnes County, TX483 BBLs1,028 MCFJun 2025
DarleneKarnes County, TX6,622 BBLs8,626 MCFJun 2025
Davis UnitWilson County, TX752 BBLs0 MCFJun 2025
Dziuk UnitKarnes County, TX974 BBLs5,375 MCFJun 2025
Dzuik - StoeltjeKarnes County, TX4,251 BBLs2,104 MCFJun 2025
Fox - StoeltjeKarnes County, TX5,475 BBLs6,166 MCFJun 2025
Fox UnitKarnes County, TX3,667 BBLs0 MCFJun 2025
Fox-Fitch (Sa) AKarnes County, TX1,631 BBLs4,158 MCFJun 2025
GawlikKarnes County, TX793 BBLs214 MCFJun 2025
Gawlik - Pirate NWilson County, TX2,185 BBLs815 MCFJun 2025
Gawlik-Add CorpWilson County, TX2,008 BBLs663 MCFJun 2025
Joeckel UnitWilson County, TX690 BBLs98 MCFJun 2025
Kowalik UnitKarnes County, TX1,807 BBLs168 MCFJun 2025
Kowalik-MuenchowKarnes County, TX4,360 BBLs8,143 MCFJun 2025
LyssyKarnes County, TX897 BBLs388 MCFJun 2025
Muenchow UnitKarnes County, TX309 BBLs10 MCFJun 2025
NieschwietzKarnes County, TX12,190 BBLs19,018 MCFJun 2025
WilsonWilson County, TX3,737 BBLs1,108 MCFJun 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
2025WILLIAMS REBECCA LYNNBAILEY UNIT W#2H,4HGULFTEX ENERGY LLC
2025MOSS KATHLEEN MARIEBAILEY 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