BAILEY "12"
BAILEY "12" is a Texas oil lease in Sterling County, Railroad Commission district 08, operated by Ip Petroleum Company, Inc. It has 3 wellbores on file with the Commission. Reported production runs from April 1997 to August 2026, totalling 43,210 barrels. The lease is not currently producing.
| Operator | Ip Petroleum Company, Inc. |
|---|---|
| Field | Sugg Ranch |
| County | Sterling County, Texas |
| RRC district | 08 |
| Lease number | 35303 |
| Wellbores | 3 |
| Reported production | 43,210 bbl |
| First reported | April 1997 |
| Last reported | August 2026 |
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.