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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 51968

No report in 6+ months

BAILEY

Bailey is an oil lease in Reeves County, Texas, operated by Halcon Operating Co., Inc. in the Phantom (Wolfcamp) field.

Oil lease dossier · 1 well

0bbl oil, last 12 months
Operator
Halcon Operating Co., Inc.
County
Reeves County
Field
Phantom (Wolfcamp)
RRC lease
08-51968

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Where it sits

This county

Reeves CountyReevesWinklerWardLovingReeves County
Reeves County · RRC district 08Open Reeves County →
Oil in May 2022
0 bbl
Reporting to the state
since Jan 2020
Wells
1
Data through
May 2022

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

No production to chart

The state shows zero oil and zero gas for all 29 months we hold (Jan 2020 to May 2022). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Halcon Operating Co., Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeHalcon Operating Co., Inc., Jan 2020 to May 2022202020212022Halcon Operating Co., Inc.Jan 2020 to nowthrough May 2022
Operators of this lease over timeHalcon Operating Co., Inc., Jan 2020 to May 2022202020212022Halcon Operating Co., Inc.Jan 2020 to nowthrough May 2022

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 51968 in district 08. The API number is the state’s ID for a well.
Wells on BAILEY
API numberWell no.Status
42-389-358003HActive

SourceTexas Railroad Commission Wellbore Query, district 08, lease 51968.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Etp Crude LLC, Sunoco Ptnrs. Mktg.&terminals LP and Bp Products North America Inc. gather it.

    Etp Crude LLC gathers it: 70% of it, on the list since Sep 1, 2017 · Sunoco Ptnrs. Mktg.&terminals LP gathers it: 20% of it, on the list since Sep 1, 2017 · Bp Products North America Inc. gathers it: 10% of it, on the list since Sep 1, 2017

  • Gas from oil wells

    Energy Transfer Company buys and gathers it.

    Energy Transfer Company buys it: 100% of it, on the list since Sep 1, 2017 · Energy Transfer Company gathers it: 100% of it, on the list since Sep 1, 2017

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

1,295.60 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
33 not plugged
Horizontal
3
First completion
Aug 25, 2016
Latest permit
Sep 6, 2019
Wells and acres on the permits for Bailey
API numberWell no.Acreson the permit
42-389-345982H1,295.60
42-389-372864H1,295.60
42-389-358003H1,295.60

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says BAILEY sold each month.

For example 0.00097656, or a fraction like 1/1024.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

29 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for BAILEY
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
May 2022Halcon Operating00$109.55$8.14
Apr 2022Halcon Operating00$101.78$6.60
Mar 2022Halcon Operating00$108.50$4.90
Feb 2022Halcon Operating00$91.64$4.69
Jan 2022Halcon Operating00$83.22$4.38
Dec 2021Halcon Operating00$71.71$3.76
Nov 2021Halcon Operating00$79.15$5.05
Oct 2021Halcon Operating00$81.48$5.51
Sep 2021Halcon Operating00$71.65$5.16
Aug 2021Halcon Operating00$67.73$4.07
Jul 2021Halcon Operating00$72.49$3.84
Jun 2021Halcon Operating00$71.38$3.26
May 2021Halcon Operating00$65.17$2.91
Apr 2021Halcon Operating00$61.72$2.66
Mar 2021Halcon Operating00$62.33$2.62
Feb 2021Halcon Operating00$59.04$5.35
Jan 2021Halcon Operating00$52.00$2.71
Dec 2020Halcon Operating00$47.02$2.58
Nov 2020Halcon Operating00$40.94$2.61
Oct 2020Halcon Operating00$39.40$2.39
Sep 2020Halcon Operating00$39.63$1.92
Aug 2020Halcon Operating00$42.34$2.30
Jul 2020Halcon Operating00$40.71$1.76
Jun 2020Halcon Operating00$38.31$1.63
May 2020Halcon Operating00$28.56$1.75
Apr 2020Halcon Operating00$16.55$1.74
Mar 2020Halcon Operating00$29.21$1.79
Feb 2020Halcon Operating00$50.54$1.91
Jan 2020Halcon Operating00$57.52$2.02

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

Check your statements

Do your checks match this lease?

Upload your statements for BAILEY. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Halcon Operating Co., Inc.

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  • A month that was never paid
  • Your share of the barrels and mcf
  • The price against WTI and Henry Hub
  • Fees taken on gas
  • Late payment interest

Around this lease

Walk the neighborhood

Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorHalcon Operating Co., Inc.FieldPhantom (Wolfcamp)CountyReeves County

Halcon Operating Co., Inc. in Reeves County

  • BAILEY

    71,935 mcf last 12 months

  • BAILEY

    89,204 mcf last 12 months

  • BAILEY

    86,588 mcf last 12 months

All Halcon Operating Co., Inc. leases →

Phantom (Wolfcamp) field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month May 2022?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 51968, district 08, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.