IDA MAE

Name: IDA MAE lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by BEDFORD OIL & GAS, INC. (P-5 61600) in the PILGRIM (AUSTIN CHALK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13437District 01Field 71486100Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$90 k

Jan 1993 – Mar 2008

Value, last 12 filed months

at the published price for each month

Months reported

183

no gaps in the span

Streams

oil, casinghead gas

The PILGRIM (AUSTIN CHALK) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 191 leases and 219 wells, and the rule below applies to all of them.

Discovered

1976-09-13

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,867 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1991-11-18.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “CONSOLIDATED COST (AUSTIN CHALK) PER DOC. #01-97362 EFF. 3/1/92”

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Oil	Disposition	4,822 bbl	$90,336
Casinghead gas	Production	94 Mcf	$144
Total			$90,480

47 Mcf of this lease's gas, across 47 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 29.4221, -97.5685. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.42215, -97.56853 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

6,900 ft

1 wells filed one

Completion to plug

4.2 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 6,900 ft.

Completions filed

Oct 2007

1 of 1 wells

Plug dates filed

Dec 2011

1 of 1 wells

Last completion to plug: a median of 4.2 years across the 1 well that filed both dates, with the middle half between 4.2 years and 4.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-17731440	1	6,900 ft	Oct 2007	Dec 2011	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (183)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

183 months


Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	100	0	29.41	5.17	$2,941
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	1	26.59	5.97	$6
Apr 2003	129	1	26.67	5.41	$3,446
Mar 2003	0	1	31.14	6.10	$6
Feb 2003	0	1	33.48	7.93	$8
Jan 2003	142	1	30.31	5.58	$4,310
Dec 2002	0	1	26.91	4.85	$5
Nov 2002	163	1	24.66	4.14	$4,024
Oct 2002	0	1	26.46	4.23	$4
Sep 2002	0	1	27.44	3.64	$4
Aug 2002	0	1	25.96	3.16	$3
Jul 2002	0	1	24.58	3.06	$3
Jun 2002	0	1	23.73	3.34	$3
May 2002	0	1	24.66	3.58	$4
Apr 2002	0	1	23.65	3.51	$4
Mar 2002	241	1	22.00	3.10	$5,305
Feb 2002	0	1	18.22	2.38	$2
Jan 2002	0	1	17.17	2.38	$2
Dec 2001	0	1	16.93	2.36	$2
Nov 2001	0	1	18.07	2.41	$2
Oct 2001	0	1	19.78	2.53	$3
Sep 2001	0	1	24.26	2.25	$2
Aug 2001	3	1	24.87	3.05	$78
Jul 2001	165	1	23.93	3.20	$3,952
Jun 2001	2	0	24.56	3.82	$49
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	157	0	24.54	5.38	$3,853
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	22	0	31.23	5.15	$687
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	3	0	28.53	4.09	$86
Jun 2000	5	0	29.30	4.40	$147
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	166	0	28.42	2.86	$4,718
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	1	17.89	2.37	$2
Jun 1999	0	1	15.94	2.36	$2
May 1999	0	0	15.79	2.32	$0
Apr 1999	169	1	15.10	2.21	$2,554
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	1	9.98	1.82	$2
Jan 1999	0	1	10.38	1.90	$2
Dec 1998	0	1	9.20	1.77	$2
Nov 1998	0	1	10.89	2.19	$2
Oct 1998	0	1	12.42	1.97	$2
Sep 1998	0	1	12.59	2.08	$2
Aug 1998	173	1	11.30	1.91	$1,957
Jul 1998	0	1	11.74	2.24	$2
Jun 1998	0	1	11.24	2.24	$2
May 1998	163	1	12.62	2.21	$2,059
Apr 1998	161	1	13.04	2.51	$2,102
Mar 1998	0	1	12.80	2.31	$2
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	158	1	16.32	2.41	$2,581
Nov 1997	0	1	18.19	3.09	$3
Oct 1997	0	1	19.25	3.15	$3
Sep 1997	0	1	17.74	2.95	$3
Aug 1997	0	0	17.86	2.55	$0
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	1	18.97	2.31	$2
Apr 1997	142	1	17.88	2.08	$2,541
Mar 1997	0	1	18.95	1.94	$2
Feb 1997	0	1	20.49	2.21	$2
Jan 1997	0	1	23.48	3.54	$4
Dec 1996	0	1	23.32	—	$0
Nov 1996	143	1	21.97	—	$3,142
Oct 1996	0	1	23.31	—	$0
Sep 1996	0	1	22.22	—	$0
Aug 1996	1	1	20.26	—	$20
Jul 1996	1	1	19.55	—	$20
Jun 1996	164	1	18.73	—	$3,072
May 1996	0	1	19.43	—	$0
Apr 1996	0	1	21.51	—	$0
Mar 1996	180	1	19.38	—	$3,488
Feb 1996	0	1	16.98	—	$0
Jan 1996	1	1	17.07	—	$17
Dec 1995	0	1	17.19	—	$0
Nov 1995	0	1	16.00	—	$0
Oct 1995	1	1	15.43	—	$15
Sep 1995	171	1	16.18	—	$2,767
Aug 1995	1	1	15.92	—	$16
Jul 1995	0	1	15.24	—	$0
Jun 1995	0	1	16.41	—	$0
May 1995	146	1	17.56	—	$2,564
Apr 1995	2	1	17.73	—	$35
Mar 1995	0	1	16.44	—	$0
Feb 1995	173	1	16.58	—	$2,868
Jan 1995	0	1	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	0	1	15.90	—	$0
Oct 1994	165	1	15.58	—	$2,571
Sep 1994	0	1	15.29	—	$0
Aug 1994	0	1	16.13	—	$0
Jul 1994	136	1	17.56	—	$2,388
Jun 1994	0	1	17.09	—	$0
May 1994	163	1	15.88	—	$2,588
Apr 1994	162	1	14.14	—	$2,291
Mar 1994	158	1	12.46	—	$1,969
Feb 1994	0	1	12.50	—	$0
Jan 1994	0	1	12.66	—	$0
Dec 1993	0	1	12.33	—	$0
Nov 1993	157	1	14.49	—	$2,275
Oct 1993	0	1	15.85	—	$0
Sep 1993	0	1	15.03	—	$0
Aug 1993	147	1	15.66	—	$2,302
Jul 1993	0	1	15.46	—	$0
Jun 1993	154	1	16.79	—	$2,586
May 1993	0	1	17.68	—	$0
Apr 1993	330	1	18.05	—	$5,957
Mar 1993	1	1	18.14	—	$18
Feb 1993	1	1	17.90	—	$18
Jan 1993	0	1	16.93	—	$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jul 2003 — as filed, then multipliedworked

Oil                  100 bbl  × $ 29.41 =     $2,941
Casinghead gas         0 Mcf  × $  5.17 =         $0

────────────────────────────────────────────────────
Month total                                   $2,941

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 01/O/13437 is the state's own key, not one this site invented.