BAILEY A
BAILEY A is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by Hibernia Resources III, LLC. It has 1 wellbore on file with the Commission. Reported production runs from April 2020 to August 2026, totalling 329,816 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 $903K, with roughly $403K 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 968 barrels a month. Its strongest month on the record we hold was November 2020, at 25,177 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 A
- Who operates BAILEY A?
- BAILEY A is operated by Hibernia Resources III, LLC, Railroad Commission of Texas operator number 384006.
- Where is BAILEY A?
- BAILEY A is a Texas oil lease in Reagan County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20969.
- Is BAILEY A still producing?
- BAILEY A is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BAILEY A is August 2026.
- How much has BAILEY A produced?
- BAILEY A has reported 329,816 barrels of oil (bbl) to the Railroad Commission of Texas between April 2020 and August 2026, from 1 wellbore.
- How much is BAILEY A worth?
- The remaining production from BAILEY A is estimated to be worth about $903K in total as of 26 August 2026, within a range of $705K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAILEY A is a fraction of it. The estimate fits an Arps decline curve to the production BAILEY A has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAILEY A is an estimate of value, not an offer and not an appraisal.
- How much income does BAILEY A generate in a year?
- BAILEY A is forecast to net about $403K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BAILEY A receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Hibernia Resources III, LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 20969 |
| Wellbores | 1 |
| Reported production | 329,816 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $903K |
Where BAILEY A 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.