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Royalty Clerk

Texas oil lease · RRC district 08 · Lease 31478

No report in 6+ months

BAILEY -32-

Bailey -32- is an oil lease in Sterling County, Texas, operated by Independence Resources Mgmt, LLC in the Sugg Ranch (Canyon Dist 08) field.

Oil lease dossier · 16 wells

0bbl oil, since Jan 2020
Operator
Independence Resources Mgmt, LLC
County
Sterling County
Field
Sugg Ranch (Canyon Dist 08)
RRC lease
08-31478

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Where it sits

This county

Sterling CountySterlingTom GreenMitchellNolanGlasscockHowardCokeSterling County
Sterling County · RRC district 08Open Sterling County →
Oil in Mar 2020
0 bbl
Reporting to the state
since Jan 2020
Wells
16
Data through
Mar 2020

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 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.

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.

Independence Resources Mgmt, LLC has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeIndependence Resources Mgmt, LLC, Jan 2020 to Mar 20202020Independence Resources Mgmt,…Jan 2020 to nowthrough Mar 2020
Operators of this lease over timeIndependence Resources Mgmt, LLC, Jan 2020 to Mar 20202020Independence Resources Mgmt, LLCJan 2020 to nowthrough Mar 2020

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

Wells

16 wells on this lease

Every well the Railroad Commission links to oil lease 31478 in district 08. The API number is the state’s ID for a well.
Wells on BAILEY -32-
API numberWell no.Status
42-431-318581Active
42-431-318782Shut-in
42-431-319033Shut-in
42-431-319814Shut-in
42-431-321035Active
42-431-321706Shut-in
42-431-322487Shut-in
42-431-322698Shut-in
42-431-324049Active
42-431-3245110Active
42-431-3245411Active
42-431-3246012Shut-in
42-431-3252813Active
42-431-3256615Shut-in
42-431-3257316Shut-in
42-431-3257414Shut-in

SourceTexas Railroad Commission Wellbore Query, district 08, lease 31478.

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

    Sunoco Ptnrs. Mktg.&terminals LP and Rio Energy International, Inc. gather it.

    Sunoco Ptnrs. Mktg.&terminals LP gathers it: 95% of it, on the list since Aug 1, 2019 · Rio Energy International, Inc. gathers it: 5% of it, on the list since Aug 1, 2019

  • Gas from oil wells

    Targa Midstream Services LLC buys and gathers it.

    Targa Midstream Services LLC buys it: 100% of it, on the list since Oct 1, 2011 · Targa Midstream Services LLC gathers it: 100% of it, on the list since Oct 1, 2011

Companies that used to be listed: Rio Energy International, Inc. (gathers it, until Aug 1, 2019); Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Aug 1, 2019).

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

650 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
1615 not plugged
Horizontal
0
First completion
Oct 9, 1987
Latest permit
Dec 3, 2007

16 wells are listed on this lease

Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Wells and acres on the permits for Bailey -32-
API numberWell no.Acreson the permit
42-431-3257316650
42-431-3252813650
42-431-321035649.90
42-431-322487650
42-431-318782649.90
42-431-322698649.90
42-431-319033649.90
42-431-321706649.90
42-431-3257414650
42-431-3256615650
42-431-3246012650
42-431-3245411650

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 -32- 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 3 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

3 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 -32-
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Mar 2020Independence Resources00$29.21$1.79
Feb 2020Independence Resources00$50.54$1.91
Jan 2020Independence Resources00$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 -32-. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Independence Resources Mgmt, LLC.

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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

OperatorIndependence Resources Mgmt, LLCFieldSugg Ranch (Canyon Dist 08)CountySterling County

Independence Resources Mgmt, LLC in Sterling County

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

Sugg Ranch (Canyon Dist 08) field

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

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 Mar 2020?

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 31478, 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.