Skip to content
Royalty Clerk

Texas oil lease

Producing

BAILEYS

Baileys is an oil lease in Lipscomb County, Texas, operated by Mewbourne Oil Company in the Coburn (Tonkawa) field.

4 wells

1,524bbl oil, last 12 months−7% vs prior year
RRC lease
10-07385

Is your check right?

Check my statement

Where it sits

This county

Lipscomb CountyLipscombOchiltreeLipscomb County
Lipscomb County
Gas, last 12 months
7,485 mcf
Oil in Jul 2026
68 bbl

Production by month

Oil output fell 7% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for BAILEYS, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 1,524 bbl in the 12 months through Jul 2026, against 1,637 bbl in the 12 months before.Last 12 months: 1,524 bblbbl per monthmcf per month00502001004001506002008002501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for BAILEYS, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 1,524 bbl in the 12 months through Jul 2026, against 1,637 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00502001004001506002008002501,000Jan 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 BAILEYS 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 BAILEYS 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 Oct 2022

Operators of this lease over timeStrat Land Exploration Company, Jan 2020 to Sep 2022; Mewbourne Oil Company, Oct 2022 to Jul 20262020202120222023202420252026Changed Oct 2022Strat Land Exploration CompanyJan 2020 to Sep 2022Mewbourne Oil CompanyOct 2022 to now
Operators of this lease over timeStrat Land Exploration Company, Jan 2020 to Sep 2022; Mewbourne Oil Company, Oct 2022 to Jul 20262020202120222023202420252026Changed Oct 2022Strat Land Exploration CompanyJan 2020 to Sep 2022Mewbourne Oil CompanyOct 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

4 wells on this lease

Wells on BAILEYS
API numberWell no.Status
42-295-324821Active
42-295-325372183Active
42-295-325543183Active
42-295-325784183Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Cp Energy, L.l.c.OilGathers100Oct 1, 2022–
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017–
Plains Marketing, L.p.OilGathers100Feb 6, 2001Oct 1, 2022

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

40 acres on the newest permit

The wells on this lease state different acreage

The permits state between 40 and 640 acres.

Permits for Baileys
API numberWell no.Acreson the permit
42-295-32482140
42-295-325784183640
42-295-325543183640
42-295-325372183640

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

Estimate your royalty

36 months, newest first

Ledger for BAILEYS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Mewbourne Oil6805535530$80.46$2.89
Jun 2026Mewbourne Oil1411926136130$84.81$3.15
May 2026Mewbourne Oil10906636630$102.13$2.94
Apr 2026Mewbourne Oil8506596590$100.32$2.77
Mar 2026Mewbourne Oil961925755750$91.38$3.04
Feb 2026Mewbourne Oil1421915525520$64.51$3.62
Jan 2026Mewbourne Oil15906266260$60.04$7.72
Dec 2025Mewbourne Oil783925515510$57.97$4.26
Nov 2025Mewbourne Oil14006406400$60.06$3.79
Oct 2025Mewbourne Oil1461855965960$60.89$3.19
Sep 2025Mewbourne Oil1351916546540$63.96$2.97
Aug 2025Mewbourne Oil22508038030$64.86$2.91
Jul 2025Mewbourne Oil971905835830$68.39$3.20
Jun 2025Mewbourne Oil421905465460$68.17$3.02
May 2025Mewbourne Oil14407537530$62.17$3.12
Apr 2025Mewbourne Oil1141915445440$63.54$3.42
Mar 2025Mewbourne Oil15906516510$68.24$4.12
Feb 2025Mewbourne Oil1271955725720$71.53$4.19
Jan 2025Mewbourne Oil1852027097090$75.74$4.13
Dec 2024Mewbourne Oil1473725545540$70.12$3.01
Nov 2024Mewbourne Oil22607977970$69.95$2.12
Oct 2024Mewbourne Oil1691938588580$71.99$2.20
Sep 2024Mewbourne Oil1841648018010$70.24$2.28
Aug 2024Mewbourne Oil4304374370$76.68$1.99
Jul 2024Mewbourne Oil2181817037030$81.80$2.07
Jun 2024Mewbourne Oil2491594744740$79.77$2.54
May 2024Mewbourne Oil01802062060$80.02$2.12
Apr 2024Mewbourne Oil1302412410$85.35$1.60
Mar 2024Mewbourne Oil611825875870$81.28$1.49
Feb 2024Mewbourne Oil21406766760$77.25$1.72
Jan 2024Mewbourne Oil11915775770$74.15$3.18
Dec 2023Mewbourne Oil20709569560$71.90$2.52
Nov 2023Mewbourne Oil483125485480$77.69$2.71
Oct 2023Mewbourne Oil7606846840$85.64$2.98
Sep 2023Mewbourne Oil1491838118110$89.43$2.64
Aug 2023Mewbourne Oil15407837830$81.39$2.58

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

How to check your stub against this lease

Do your checks match this lease?

Nearby

Mewbourne Oil Company in Lipscomb County

All Mewbourne Oil Company leases →

Coburn (Tonkawa) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km