BAILEY
BAILEY is a Texas oil lease in Gaines County, Railroad Commission district 08, operated by Petroleum Technical Services Co. It has 4 wellbores on file with the Commission. Reported production runs from May 2000 to August 2026, totalling 36,885 barrels. 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 | Petroleum Technical Services Co. |
|---|---|
| Field | Boydell, (Queen) |
| County | Gaines County, Texas |
| RRC district | 08 |
| Lease number | 36299 |
| Wellbores | 4 |
| Reported production | 36,885 bbl |
| First reported | May 2000 |
| 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.