BAILEY, DOYLE
BAILEY, DOYLE is a Texas gas lease in Wood County, Railroad Commission district 06, operated by Lehnertz, G. M. It has 1 wellbore on file with the Commission. Reported production runs from October 1993 to August 2026, totalling 997,329 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 $56K, with roughly $13K 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 385 thousand cubic feet a month. Its strongest month on the record we hold was August 2020, at 1,525 thousand cubic feet. 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, DOYLE
- Who operates BAILEY, DOYLE?
- BAILEY, DOYLE is operated by Lehnertz, G. M., Railroad Commission of Texas operator number 495690.
- Where is BAILEY, DOYLE?
- BAILEY, DOYLE is a Texas gas lease in Wood County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 148537.
- Is BAILEY, DOYLE still producing?
- BAILEY, DOYLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BAILEY, DOYLE is August 2026.
- How much has BAILEY, DOYLE produced?
- BAILEY, DOYLE has reported 997,329 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 1993 and August 2026, from 1 wellbore.
- How much is BAILEY, DOYLE worth?
- The remaining production from BAILEY, DOYLE is estimated to be worth about $56K in total as of 26 August 2026, within a range of $44K to $68K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAILEY, DOYLE is a fraction of it. The estimate fits an Arps decline curve to the production BAILEY, DOYLE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAILEY, DOYLE is an estimate of value, not an offer and not an appraisal.
- How much income does BAILEY, DOYLE generate in a year?
- BAILEY, DOYLE is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BAILEY, DOYLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lehnertz, G. M. |
|---|---|
| Field | Manziel (Rodessa -X-) |
| County | Wood County, Texas |
| RRC district | 06 |
| Lease number | 148537 |
| Wellbores | 1 |
| Reported production | 997,329 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $56K |
Where BAILEY, DOYLE 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.