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 - Apr 2025
Total Oil Production590,344 BBLs
Total Gas Production403,310 MCF
Recent Oil Production1,173 BBLs in Mar 2025
Recent Gas Production2,319 MCF in Mar 2025
Wells on Property4

Our Valuation Estimates for Bailey Unit

ShaleAssessment

$76,053 *

MarketMultiple

$195,944 **

* 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 Apr 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, TX2,272 BBLs154 MCFApr 2025
Alvin NK UnitKarnes County, TX9,248 BBLs7,438 MCFApr 2025
Conrad UnitKarnes County, TX447 BBLs1,739 MCFApr 2025
DarleneKarnes County, TX6,871 BBLs15,184 MCFApr 2025
Davis UnitWilson County, TX523 BBLs0 MCFApr 2025
Dziuk UnitKarnes County, TX1,382 BBLs5,826 MCFApr 2025
Dzuik - StoeltjeKarnes County, TX4,589 BBLs966 MCFApr 2025
Fox - StoeltjeKarnes County, TX5,915 BBLs3,460 MCFApr 2025
Fox UnitKarnes County, TX4,371 BBLs0 MCFApr 2025
Fox-Fitch (Sa) AKarnes County, TX2,180 BBLs454 MCFApr 2025
GawlikKarnes County, TX443 BBLs168 MCFApr 2025
Gawlik - Pirate NWilson County, TX2,366 BBLs717 MCFApr 2025
Gawlik-Add CorpWilson County, TX2,102 BBLs660 MCFApr 2025
Joeckel UnitWilson County, TX686 BBLs98 MCFApr 2025
Kowalik UnitKarnes County, TX2,343 BBLs217 MCFApr 2025
Kowalik-MuenchowKarnes County, TX4,277 BBLs10,427 MCFApr 2025
LyssyKarnes County, TX787 BBLs370 MCFApr 2025
Muenchow UnitKarnes County, TX337 BBLs0 MCFApr 2025
NieschwietzKarnes County, TX14,678 BBLs17,639 MCFApr 2025
WilsonWilson County, TX2,601 BBLs1,166 MCFApr 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
2024MITCHELL CHED REVOCABLE TRBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2024SMITH GRACIE L SCZEPANIKBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2024MAGNOLIA OIL & GAS OPERATINGBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2024HORTON ROYALTY LPBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2024BAILEY JOHN CONRADBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2024MAGNOLIA OIL & GAS OPERATINGBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2024MOSS KATHLEEN MARIEBAILEY UNIT W#2H,4HMAGNOLIA OIL & GAS
2024SCHMIDT FRANKLIN LEROY IIIBAILEY 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 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