P. BAILEY
P. BAILEY is a Texas oil lease in San Patricio County, Railroad Commission district 04, operated by Cimarron Engineering, LLC. It has 1 wellbore on file with the Commission. Reported production runs from August 2018 to August 2026, totalling 448 barrels. The lease is intermittent. 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 $3K, with roughly $502 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 0 barrels a month. Its strongest month on the record we hold was February 2019, at 70 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 P. BAILEY
- Who operates P. BAILEY?
- P. BAILEY is operated by Cimarron Engineering, LLC, Railroad Commission of Texas operator number 153471.
- Where is P. BAILEY?
- P. BAILEY is a Texas oil lease in San Patricio County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 14106.
- Is P. BAILEY still producing?
- P. BAILEY is intermittent. The most recent month of production reported to the Railroad Commission of Texas for P. BAILEY is August 2026.
- How much has P. BAILEY produced?
- P. BAILEY has reported 448 barrels of oil (bbl) to the Railroad Commission of Texas between August 2018 and August 2026, from 1 wellbore.
- How much is P. BAILEY worth?
- The remaining production from P. BAILEY is estimated to be worth about $3K in total as of 27 August 2026, within a range of $0 to $5K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in P. BAILEY is a fraction of it. The estimate fits an Arps decline curve to the production P. BAILEY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for P. BAILEY is an estimate of value, not an offer and not an appraisal.
- How much income does P. BAILEY generate in a year?
- P. BAILEY is forecast to net about $502 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in P. BAILEY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cimarron Engineering, LLC |
|---|---|
| Field | Willmann |
| County | San Patricio County, Texas |
| RRC district | 04 |
| Lease number | 14106 |
| Wellbores | 1 |
| Reported production | 448 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where P. BAILEY 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.