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 Lower Half (Wolfcamp) field.
Oil lease dossier
- Operator
- Independence Resources Mgmt, LLC
- County
- Sterling County
- RRC lease
- 08-37485
Is your check right?
Where it sits
This county
- Oil in Mar 2020
- 0 bbl
- Reporting since
- Jan 2020
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
No production to chart
Where the gas went
No gas disposition reported for this lease
Wells on this lease
No wells are linked to this lease in our data
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).
650 acres on the newest permit
- Good to know
The wells on this lease state different acreage
The permits state between 649.9 and 650 acres. Use the acres from your own division order for the well you are paid on.
- Good to know
8 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.
- Worth asking
A Rule 37 case is listed
The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-431-32573 | 16 | Dec 3, 2007 | Jan 28, 2008 | 650 |
| 42-431-32528 | A 1 | Nov 28, 2007 | Jan 3, 2008 | 650 |
| 42-431-32103 | 5 | Jul 17, 2006 | Aug 23, 2006 | 649.90 |
| 42-431-32248 | 7 | Jul 17, 2006 | Aug 28, 2006 | 650 |
| 42-431-31878 | 2 | Mar 16, 2005 | May 27, 2005 | 649.90 |
| 42-431-32269 | 8 | Mar 16, 2005 | Apr 27, 2005 | 649.90 |
| 42-431-31903 | 3 | Jul 9, 2004 | Jun 3, 1988 | 649.90 |
| 42-431-32170 | 6 | Jul 9, 2004 | Jul 29, 2004 | 649.90 |
Estimate your royalty
3 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Mar 2020 | 0 | 0 | $29.21 | $1.79 |
| Feb 2020 | 0 | 0 | $50.54 | $1.91 |
| Jan 2020 | 0 | 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.
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.
DANA POINT #2H
new drill · horizontal · Ike Operating, LLC · Sterling County
Permit 0916959 · Jul 10, 2026
SAN MARINO #1H
new drill · horizontal · Ike Operating, LLC · Sterling County
Permit 0916958 · Jul 9, 2026
PARRAMORE #3
recompletion · Ampak Oil Company · Sterling County
Permit 0915133 · May 19, 2026
REED 'F' #2 U
reclass · Winn Operating, LLC · Sterling County
Permit 0910373 · Sep 18, 2025
FOSTER 60 #1A
recompletion · Kek Exploration LLC · Sterling County
Permit 0910105 · Aug 28, 2025