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Texas oil lease

Producing

BAILEY, ELBERT

Bailey, Elbert is an oil lease in Wise County, Texas, operated by Felderhoff Production Company in the Morris (Consolidated Congl.) field.

1 well

1,025bbl oil, last 12 months+9% vs prior year
RRC lease
09-27305

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Where it sits

This county

Wise CountyWiseJackClayCookeMontagueDentonWise County
Wise County
Gas, last 12 months
45,981 mcf
Oil in Jun 2026
6 bbl

Production by month

Oil output rose 9% over the last 12 months

Jul 2026 was not reported.

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 9% over the last 12 monthsMonthly oil production and gas for BAILEY, ELBERT, Aug 2023 to Jul 2026. Oil output rose 9% over the last 12 months. 951 bbl in the 12 months through Jul 2026, against 870 bbl in the 12 months before.Last 12 months: 951 bblbbl per monthmcf per month00502,0001004,0001506,0002008,00025010kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 9% over the last 12 monthsMonthly oil production and gas for BAILEY, ELBERT, Aug 2023 to Jul 2026. Oil output rose 9% over the last 12 months. 951 bbl in the 12 months through Jul 2026, against 870 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502,0001004,0001506,0002008,00025010kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of BAILEY, ELBERT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line 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 transmission line in the last 12 monthsShare of BAILEY, ELBERT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line 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 once, most recently in Jan 2025

Operators of this lease over timeSabre Operating, Inc., Jan 2020 to Dec 2024; Felderhoff Production Company, Jan 2025 to Jun 20262020202120222023202420252026Changed Jan 2025Sabre Operating, Inc.Jan 2020 to Dec 2024Felderhoff Production CompanyJan 2025 to now
Operators of this lease over timeSabre Operating, Inc., Jan 2020 to Dec 2024; Felderhoff Production Company, Jan 2025 to Jun 20262020202120222023202420252026Changed Jan 2025Sabre Operating, Inc.Jan 2020 to Dec 2024Felderhoff Production CompanyJan 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on BAILEY, ELBERT
API numberWell no.Status
42-497-006526Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ptt Premier Trading and Tran LLCOilGathers100Nov 1, 2023–
Targa Midstream Services LLCCasinghead gasBuys100Jan 1, 2025–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2018–
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2018Jan 1, 2025
Gulfmark Energy, Inc.OilGathers100Oct 1, 2018Nov 1, 2023

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

What the drilling permits say

Permits for Bailey, Elbert
API numberWell no.Acreson the permit
42-497-006526–

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

Estimate your royalty

36 months, newest first

Ledger for BAILEY, ELBERT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026Felderhoff Production602,6282,6280$84.81$3.15
May 2026Felderhoff Production3302,1682,1680$102.13$2.94
Apr 2026Felderhoff Production1601962,9752,9750$100.32$2.77
Mar 2026Felderhoff Production1251493,9243,9240$91.38$3.04
Feb 2026Felderhoff Production6504,1394,1390$64.51$3.62
Jan 2026Felderhoff Production821393,6403,6400$60.04$7.72
Dec 2025Felderhoff Production1341764,4684,4680$57.97$4.26
Nov 2025Felderhoff Production3403,9963,9960$60.06$3.79
Oct 2025Felderhoff Production1291604,5204,5200$60.89$3.19
Sep 2025Felderhoff Production7104,3904,3900$63.96$2.97
Aug 2025Felderhoff Production1121534,5604,5600$64.86$2.91
Jul 2025Felderhoff Production7404,5734,5730$68.39$3.20
Jun 2025Felderhoff Production2061584,3434,3430$68.17$3.02
May 2025Felderhoff Production1591594,5714,5710$62.17$3.12
Apr 2025Felderhoff Production004,6014,6010$63.54$3.42
Mar 2025Felderhoff Production251855,1025,1020$68.24$4.12
Feb 2025Felderhoff Production1003,5003,5000$71.53$4.19
Jan 2025Felderhoff Production3209229220$75.74$4.13
Dec 2024Sabre Operating,8204,0104,0100$70.12$3.01
Nov 2024Sabre Operating,631823,8303,8300$69.95$2.12
Oct 2024Sabre Operating,10304,5044,5040$71.99$2.20
Sep 2024Sabre Operating,291423,9143,9140$70.24$2.28
Aug 2024Sabre Operating,8704,4234,4230$76.68$1.99
Jul 2024Sabre Operating,671914,3804,3800$81.80$2.07
Jun 2024Sabre Operating,671873,6643,6640$79.77$2.54
May 2024Sabre Operating,12704,5284,5280$80.02$2.12
Apr 2024Sabre Operating,9204,4304,4300$85.35$1.60
Mar 2024Sabre Operating,961904,4664,4660$81.28$1.49
Feb 2024Sabre Operating,8904,3434,3430$77.25$1.72
Jan 2024Sabre Operating,2802,6952,6950$74.15$3.18
Dec 2023Sabre Operating,1331924,3474,3470$71.90$2.52
Nov 2023Sabre Operating,1291994,0234,0230$77.69$2.71
Oct 2023Sabre Operating,9904,4584,4580$85.64$2.98
Sep 2023Sabre Operating,521424,1024,1020$89.43$2.64
Aug 2023Sabre Operating,10404,4924,4920$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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    Permit 0912652 · Jan 27, 2026