BAILEY, NETTIE
BAILEY, NETTIE is a Texas oil lease in Fisher County, Railroad Commission district 7B, operated by Remington Oil. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 141,428 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $188K, with roughly $36K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 112 barrels a month, about 56 per wellbore. Its strongest month on the record we hold was January 2018, at 382 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about BAILEY, NETTIE
- Who operates BAILEY, NETTIE?
- BAILEY, NETTIE is operated by Remington Oil, Railroad Commission of Texas operator number 701397.
- Where is BAILEY, NETTIE?
- BAILEY, NETTIE is a Texas oil lease in Fisher County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 01807.
- Is BAILEY, NETTIE still producing?
- BAILEY, NETTIE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BAILEY, NETTIE is August 2026.
- How much has BAILEY, NETTIE produced?
- BAILEY, NETTIE has reported 141,428 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is BAILEY, NETTIE worth?
- The remaining production from BAILEY, NETTIE is estimated to be worth about $188K in total as of 27 August 2026, within a range of $147K to $229K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAILEY, NETTIE is a fraction of it. The estimate fits an Arps decline curve to the production BAILEY, NETTIE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAILEY, NETTIE is an estimate of value, not an offer and not an appraisal.
- How much income does BAILEY, NETTIE generate in a year?
- BAILEY, NETTIE is forecast to net about $36K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BAILEY, NETTIE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Remington Oil |
|---|---|
| Field | Ida (Strawn) |
| County | Fisher County, Texas |
| RRC district | 7B |
| Lease number | 01807 |
| Wellbores | 2 |
| Reported production | 141,428 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $188K |
Where BAILEY, NETTIE sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
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. How this estimate is calculated.