BAILEY
BAILEY is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Rio Petroleum, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2019 to August 2026, totalling 1,037,267 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 $380, with roughly $268 expected over the next twelve months.
| Operator | Rio Petroleum, Inc. |
|---|---|
| Field | Thorndike (Hunton) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 288490 |
| Wellbores | 1 |
| Reported production | 1,037,267 mcf |
| First reported | May 2019 |
| Last reported | August 2026 |
| Estimated royalty value | $380 |
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.