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 - Mar 2026
Total Oil Production601,171 BBLs
Total Gas Production424,086 MCF
Recent Oil Production1,272 BBLs in Feb 2026
Recent Gas Production1,589 MCF in Feb 2026
Wells on Property3

Our Valuation Estimates for Bailey Unit

ShaleAssessment

$63,609 *

MarketMultiple

$122,096 **

* 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 Mar 2026

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, TX1,984 BBLs0 MCFMar 2026
Alvin NK UnitKarnes County, TX6,496 BBLs6,327 MCFMar 2026
Conrad UnitKarnes County, TX379 BBLs823 MCFMar 2026
DarleneKarnes County, TX3,254 BBLs1,906 MCFMar 2026
Davis UnitWilson County, TX355 BBLs0 MCFMar 2026
Dziuk UnitKarnes County, TX839 BBLs890 MCFMar 2026
Dzuik - StoeltjeKarnes County, TX3,402 BBLs1,726 MCFMar 2026
Fox - StoeltjeKarnes County, TX4,540 BBLs4,448 MCFMar 2026
Fox UnitKarnes County, TX2,544 BBLs0 MCFMar 2026
GawlikKarnes County, TX148 BBLs30 MCFMar 2026
Gawlik - Pirate NWilson County, TX1,558 BBLs560 MCFMar 2026
Gawlik BWilson County, TX1,595 BBLs479 MCFMar 2026
Gawlik-Add CorpWilson County, TX1,249 BBLs438 MCFMar 2026
Joeckel UnitWilson County, TX1,134 BBLs126 MCFMar 2026
KowalikKarnes County, TX1,459 BBLs333 MCFMar 2026
Kowalik-MuenchowKarnes County, TX2,952 BBLs3,696 MCFMar 2026
LyssyKarnes County, TX511 BBLs390 MCFMar 2026
Muenchow UnitKarnes County, TX319 BBLs0 MCFMar 2026
NieschwietzKarnes County, TX6,008 BBLs8,858 MCFMar 2026
WilsonWilson County, TX2,171 BBLs458 MCFMar 2026

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
2025TABOR MINERALS FUND II LPBAILEY UNIT W#2H,4HGULFTEX ENERGY LLC
2025WILLIAMS REBECCA LYNNBAILEY 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 UNITFeb 2026SHELL TRADING (US) COMPANYGULFTEX ENERGY II, LP
02-09800BAILEY UNITJan 2026SHELL TRADING (US) COMPANYGULFTEX ENERGY II, LP
02-09800BAILEY UNITDec 2025SHELL TRADING (US) COMPANYGULFTEX ENERGY II, LP
02-09800BAILEY UNITNov 2025SHELL TRADING (US) COMPANYGULFTEX ENERGY II, LP
02-09800BAILEY UNITOct 2025SHELL TRADING (US) COMPANYGULFTEX ENERGY II, LP
02-09800BAILEY UNITSep 2025SHELL TRADING (US) COMPANYGULFTEX ENERGY II, LP
02-09800BAILEY UNITAug 2025SHELL TRADING (US) COMPANYGULFTEX ENERGY II, LP
02-09800BAILEY UNITJul 2025SHELL TRADING (US) COMPANYGULFTEX ENERGY II, LP
02-09800BAILEY UNITJun 2025SHELL TRADING (US) COMPANYGULFTEX ENERGY II, LP
02-09800BAILEY UNITMay 2025SHELL TRADING (US) COMPANYGULFTEX ENERGY II, LP
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