Texas oil lease
No report in 6+ monthsBAILEY '32'
Bailey '32' is an oil lease in Sterling County, Texas, operated by Independence Resources Mgmt, LLC in the Barbee-Q- (Spraberry) field.
2 wells
- Operator
- Independence Resources Mgmt, LLC
- County
- Sterling County
- RRC lease
- 08-32995
Is your check right?
Where it sits
This county
- Gas, since Jan 2020
- 115 mcf
- Oil in Mar 2020
- 0 bbl
Checks stopped on this lease?
- P-5
The current operator's P-5 registration is listed as inactive since Sep 16, 2021 (last P-5 filed Jul 31, 2020).
- Sales
No sales reported for the last 12 months of state data (through Jul 2026).
SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.
See why checks stop on this leaseProduction by month
Oil output over 3 reported months
- Oil (bars)
- Gas (line)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
All of the gas went to a transmission line in the 2 months reported
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
2 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-431-32181 | 1S | Active |
| 42-431-32278 | 3S | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 95 | Aug 1, 2019 | – |
| Rio Energy International, Inc. | Oil | Gathers | 5 | Aug 1, 2019 | – |
| Targa Midstream Services LLC | Casinghead gas | Buys | 100 | Oct 1, 2011 | – |
| Targa Midstream Services LLC | Casinghead gas | Gathers | 100 | Oct 1, 2011 | – |
| Rio Energy International, Inc. | Oil | Gathers | 95 | May 1, 2017 | Aug 1, 2019 |
| Sunoco Ptnrs. Mktg.&terminals LP | Oil | Gathers | 5 | May 1, 2017 | Aug 1, 2019 |
SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).
Estimate your royalty
3 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Mar 2020 | 0 | 0 | 0 | 0 | 0 | $29.21 | $1.79 |
| Feb 2020 | 171 | 311 | 53 | 53 | 0 | $50.54 | $1.91 |
| Jan 2020 | 196 | 189 | 62 | 62 | 0 | $57.52 | $2.02 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Independence Resources Mgmt, LLC in Sterling County
No other producing leases from this operator in this county are in our data yet.
Barbee-Q- (Spraberry) field
No other producing leases in this field are in our data yet.
Leases within 10 km
- BAILEY -32-
0 bbl · 0.2 km
- BAILEY -32- A
695 bbl · 0.2 km
- SUGG -B-
0 bbl · 0.6 km
- BAILEY, E. L.
46 bbl · 0.9 km
- PFLUGER -A-
0 bbl · 0.9 km
- SUGG BB -A-
1,578 bbl · 1.1 km
- SUGG -BB-
238 bbl · 1.2 km
- SUGG "D"
3,086 mcf · 1.5 km
- SUGG -D-
51 bbl · 1.5 km
- BAILEY -10-
689 bbl · 1.6 km
Drilling permits within 10 km
DANA POINT #2H
new drill · horizontal · Ike Operating, LLC · Sterling County · 3 km
Permit 0916959 · Jul 10, 2026
SAN MARINO #1H
new drill · horizontal · Ike Operating, LLC · Sterling County · 3 km
Permit 0916958 · Jul 9, 2026