Bailey Unit

Oil & Gas Property in Karnes County, TX

Property Summary

Key data points for Bailey Unit

CountyKarnes County, TX
Production DatesOct 2011 - Jan 2024
Total Oil Production568,647 BBLs
Total Gas Production385,138 MCF
Recent Oil Production1,732 BBLs in Dec 2023
Recent Gas Production30 MCF in Dec 2023
Wells on Property4

Our Valuation Estimates for Bailey Unit

ShaleAssessment

$116,678 *

MarketMultiple

$239,796 **

* 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 Jan 2024

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, TX3,845 BBLs708 MCFJan 2024
Alvin NK UnitKarnes County, TX22,113 BBLs20,523 MCFJan 2024
BalserKarnes County, TX459 BBLs199 MCFJan 2024
Conrad UnitKarnes County, TX536 BBLs2,203 MCFJan 2024
DarleneKarnes County, TX7,236 BBLs24,658 MCFJan 2024
Dziuk UnitKarnes County, TX2,448 BBLs6,103 MCFJan 2024
Dzuik - StoeltjeKarnes County, TX11,099 BBLs10,397 MCFJan 2024
Fox - StoeltjeKarnes County, TX14,032 BBLs18,651 MCFJan 2024
Fox UnitKarnes County, TX6,880 BBLs1,445 MCFJan 2024
Fox-Fitch (Sa) AKarnes County, TX6,386 BBLs173 MCFJan 2024
GawlikKarnes County, TX837 BBLs245 MCFJan 2024
Gawlik - Pirate NWilson County, TX2,697 BBLs1,639 MCFJan 2024
Gawlik BWilson County, TX2,682 BBLs1,361 MCFJan 2024
Gawlik-Add CorpWilson County, TX2,660 BBLs2,629 MCFJan 2024
Joeckel UnitWilson County, TX491 BBLs456 MCFJan 2024
Kowalik UnitKarnes County, TX2,281 BBLs3,502 MCFJan 2024
Kowalik-MuenchowKarnes County, TX7,046 BBLs1,590 MCFJan 2024
LyssyKarnes County, TX566 BBLs590 MCFDec 2023
Muenchow UnitKarnes County, TX423 BBLs8 MCFJan 2024
NieschwietzKarnes County, TX2,330 BBLs6,295 MCFJan 2024

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
2023MOSS KATHLEEN MARIEBAILEY 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