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Royalty Clerk

Texas oil lease

No report in 6+ months

BAILEY -12-

Bailey -12- is an oil lease in Sterling County, Texas, operated by Independence Resources Mgmt, LLC in the Lower Half (Wolfcamp) field.

Oil lease dossier

0bbl oil, since Jan 2020
Operator
Independence Resources Mgmt, LLC
County
Sterling County
Field
Lower Half (Wolfcamp)
RRC lease
08-37329

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Where it sits

This county

Sterling CountySterlingTom GreenMitchellNolanGlasscockHowardCokeSterling County
Sterling County
Oil in Mar 2020
0 bbl
Reporting since
Jan 2020

Production by month

No production to chart

The state shows zero oil and zero gas for all 3 months we hold (Jan 2020 to Mar 2020). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

Where the gas went

No gas disposition reported for this lease

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

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Sunoco Ptnrs. Mktg.&terminals LPOilGathers95Aug 1, 2019–
Rio Energy International, Inc.OilGathers5Aug 1, 2019–
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2011–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011–
Rio Energy International, Inc.OilGathers95May 1, 2017Aug 1, 2019
Sunoco Ptnrs. Mktg.&terminals LPOilGathers5May 1, 2017Aug 1, 2019

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

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640 acres on the newest permit

10 wells are listed on this lease

Permits for Bailey -12-
API numberWell no.Acreson the permit
42-431-322627640
42-431-3246815640
42-431-319274640
42-431-3241111640
42-431-3244514640
42-431-3241010640
42-431-3242313640
42-431-320506640
42-431-318972640
42-431-3246916640

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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3 months, newest first

Ledger for BAILEY -12-
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Mar 202000$29.21$1.79
Feb 202000$50.54$1.91
Jan 202000$57.52$2.02

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorIndependence Resources Mgmt, LLCFieldLower Half (Wolfcamp)CountySterling County

Independence Resources Mgmt, LLC in Sterling County

No other producing leases from this operator in this county are in our data yet.

Lower Half (Wolfcamp) field

No other producing leases in this field are in our data yet.

New drilling permits in Sterling County

Newest in the county: this lease has no coordinates.