BAILEY GAS UNIT
BAILEY GAS UNIT is a Texas gas lease in Harrison County, Railroad Commission district 06, operated by Enervest Operating, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from November 2008 to August 2026, totalling 921,219 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 the whole lease — a 100% undivided interest — at about $296K, with roughly $45K 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 1,885 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 3,731 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 GAS UNIT
- Who operates BAILEY GAS UNIT?
- BAILEY GAS UNIT is operated by Enervest Operating, L.L.C., Railroad Commission of Texas operator number 252131.
- Where is BAILEY GAS UNIT?
- BAILEY GAS UNIT is a Texas gas lease in Harrison County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 251134.
- Is BAILEY GAS UNIT still producing?
- BAILEY GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BAILEY GAS UNIT is August 2026.
- How much has BAILEY GAS UNIT produced?
- BAILEY GAS UNIT has reported 921,219 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 2008 and August 2026, from 1 wellbore.
- How much is BAILEY GAS UNIT worth?
- The remaining production from BAILEY GAS UNIT is estimated to be worth about $296K in total as of 26 August 2026, within a range of $245K to $346K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAILEY GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production BAILEY GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAILEY GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does BAILEY GAS UNIT generate in a year?
- BAILEY GAS UNIT is forecast to net about $45K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BAILEY GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Enervest Operating, L.L.C. |
|---|---|
| Field | Oak Hill (Cotton Valley) |
| County | Harrison County, Texas |
| RRC district | 06 |
| Lease number | 251134 |
| Wellbores | 1 |
| Reported production | 921,219 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $296K |
Where BAILEY GAS UNIT 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.