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Texas gas well

Producing

BAILEY -32-

Bailey -32- is a gas well in Sterling County, Texas, operated by P1 Energy, LLC in the Spraberry (Trend Area) field.

Gas well dossier

314mcf gas, last 12 months−3% vs prior year
RRC lease
08-289546

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Where it sits

This county

Sterling CountySterlingTom GreenMitchellNolanGlasscockHowardCokeSterling County
Sterling County
Gas in Jun 2026
22 mcf
Reporting since
May 2020

Production by month

Gas output fell 3% over the last 12 months

Jul 2026 was not reported.

  • Gas (bars)
  • Last 12 months
Gas output fell 3% over the last 12 monthsMonthly gas production for BAILEY -32-, Aug 2023 to Jul 2026. Gas output fell 3% over the last 12 months. 289 mcf in the 12 months through Jul 2026, against 298 mcf in the 12 months before.Last 12 months: 289 mcfmcf per month010203040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 3% over the last 12 monthsMonthly gas production for BAILEY -32-, Aug 2023 to Jul 2026. Gas output fell 3% over the last 12 months. 289 mcf in the 12 months through Jul 2026, against 298 mcf in the 12 months before.Last 12 monthsmcf per month010203040Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of BAILEY -32- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the last 12 monthsShare of BAILEY -32- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in Jan 2023

Operators of this lease over timeIndependence Resources Mgmt, LLC, May 2020 to Mar 2021; Earthstone Operating, LLC, Apr 2021 to Dec 2022; P1 Energy, LLC, Jan 2023 to Jun 2026202120222023202420252026Changed Apr 2021Changed Jan 2023Independence Resources Mgmt,…May 2020 to Mar 2021Earthstone Operating, LLCApr 2021 to Dec 2022P1 Energy, LLCJan 2023 to now
Operators of this lease over timeIndependence Resources Mgmt, LLC, May 2020 to Mar 2021; Earthstone Operating, LLC, Apr 2021 to Dec 2022; P1 Energy, LLC, Jan 2023 to Jun 2026202120222023202420252026Changed Apr 2021Changed Jan 2023Independence Resources Mgmt, LLCMay 2020 to Mar 2021Earthstone Operating, LLCApr 2021 to Dec 2022P1 Energy, LLCJan 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

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
Bml, Inc. BCondensateGathers100May 1, 2022–
Targa Midstream Services LLCGas-well gasBuys100May 1, 2020–
Targa Midstream Services LLCGas-well gasGathers100May 1, 2020–
Transoil Marketing, LLCCondensateGathers100Apr 1, 2021May 1, 2022
Rio Energy International, Inc.CondensateGathers5May 1, 2020Apr 1, 2021
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers95May 1, 2020Apr 1, 2021

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

650 acres on the newest permit

Permits for Bailey -32-
API numberWell no.Acreson the permit
42-431-3257414650

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

Estimate your royalty

36 months, newest first

Ledger for BAILEY -32-
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––$80.46$2.89
Jun 2026P1 Energy,22220$84.81$3.15
May 2026P1 Energy,33330$102.13$2.94
Apr 2026P1 Energy,29290$100.32$2.77
Mar 2026P1 Energy,30300$91.38$3.04
Feb 2026P1 Energy,30300$64.51$3.62
Jan 2026P1 Energy,27270$60.04$7.72
Dec 2025P1 Energy,24240$57.97$4.26
Nov 2025P1 Energy,24240$60.06$3.79
Oct 2025P1 Energy,26260$60.89$3.19
Sep 2025P1 Energy,20200$63.96$2.97
Aug 2025P1 Energy,24240$64.86$2.91
Jul 2025P1 Energy,25250$68.39$3.20
Jun 2025P1 Energy,25250$68.17$3.02
May 2025P1 Energy,26260$62.17$3.12
Apr 2025P1 Energy,24240$63.54$3.42
Mar 2025P1 Energy,30300$68.24$4.12
Feb 2025P1 Energy,26260$71.53$4.19
Jan 2025P1 Energy,25250$75.74$4.13
Dec 2024P1 Energy,25250$70.12$3.01
Nov 2024P1 Energy,29290$69.95$2.12
Oct 2024P1 Energy,11110$71.99$2.20
Sep 2024P1 Energy,25250$70.24$2.28
Aug 2024P1 Energy,27270$76.68$1.99
Jul 2024P1 Energy,30300$81.80$2.07
Jun 2024P1 Energy,29290$79.77$2.54
May 2024P1 Energy,30300$80.02$2.12
Apr 2024P1 Energy,28280$85.35$1.60
Mar 2024P1 Energy,30300$81.28$1.49
Feb 2024P1 Energy,28280$77.25$1.72
Jan 2024P1 Energy,30300$74.15$3.18
Dec 2023P1 Energy,31310$71.90$2.52
Nov 2023P1 Energy,29290$77.69$2.71
Oct 2023P1 Energy,31310$85.64$2.98
Sep 2023P1 Energy,33330$89.43$2.64
Aug 2023P1 Energy,38380$81.39$2.58

No report filed

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

P1 Energy, LLC in Sterling County

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New drilling permits in Sterling County

Newest in the county: this lease has no coordinates.