BAILEY GAS UNIT
BAILEY GAS UNIT is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Owl Creek Production Co., Llc. It has 1 wellbore on file with the Commission. Reported production runs from October 2005 to August 2026, totalling 941,007 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $7K, with roughly $1K expected over the next twelve months.
| Operator | Owl Creek Production Co., Llc |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 216337 |
| Wellbores | 1 |
| Reported production | 941,007 mcf |
| First reported | October 2005 |
| Last reported | August 2026 |
| Estimated royalty value | $7K |
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal.