LEASES · O-10-53561 · OIL · DISTRICT 08
Bailey -32-
ReportingP1 Energy, LLC · Sterling County · Spraberry (Trend Area) field
Bailey -32- is an RRC oil lease (O-10-53561) in Sterling County operated by P1 Energy, LLC, with 17 wells completed on it.
It has reported 9.09K barrels of oil and 101K mcf of gas since October 2019, last reporting volume in March 2026 (statewide data runs through April 2026).
The last 12 reported months total 197 barrels of oil, down 29% on the year before; the lease peaked at 415 barrels in March 2021.
3 operators have filed production on it, most recently P1 Energy, LLC since January 2023.
- 9.09K
- bbl oil, all reported
- 101K
- mcf gas incl. casinghead
- 197
- bbl oil, last 12 reported
- -29%
- vs the 12 before
- 17
- wells completed on it
- 415
- peak month, bbl (Mar 2021)
PDQ LEASE REPORTS · FIRST OCT 2019 · LAST VOLUME MAR 2026 · STATEWIDE DATA THROUGH APR 2026
Oil by month
Barrels reported on Form PR for the whole lease. The latest months are revised upward as late reports arrive.
Last 12 months 197 · prior 12 278(-29%)
Gas by month
Gas-well gas plus casinghead gas, mcf. On an oil lease all gas is reported as casinghead. The latest months are revised upward as late reports arrive.
Last 12 months 11,279 · prior 12 13,272(-15%)
Decline curve
None shown. Petrora fits an Arps curve only when the last ten years of oil reports follow one decline closely enough to project (R² of 0.7 or better over at least a year since the peak). This lease's recent history does not, so a projection would be a guess dressed as a number.
Who reported it
Each run of months one operator filed the production report, oldest first.
- Independence Resources Mgmt, LLCOct 2019 → Mar 2021 · 18 mo
- Earthstone Operating, LLCApr 2021 → Dec 2022 · 21 mo
- P1 Energy, LLCJan 2023 → Jul 2026 · 43 mo
Wells on the lease
FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL
17
wells completed on the lease
- Producing
- 8
- Shut IN
- 7
- Not on Schedule
- 1
- Plugged
- 1
Operates them now
About this data
Monthly oil, gas, and casinghead from the RRC PDQ production dump, which lags the reporting month by two to three months; figures shown through Apr 2026. Wells from completion reports; operator runs from who filed each month's report.
Developers: this page as JSON is GET /v1/data/leases/tx/o-10-53561, documented in the API reference.