BAIN

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

Operated by U. S. OPERATING, INC. (P-5 875431) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13035District 03Field 34733500NGPA filingOilCasinghead gasSave Export

Value, all time

$1.5 M

Jan 1993 – Jul 2014

Value, last 12 filed months

$11 k

at the published price for each month

Months reported

259

no gaps in the span

Streams

oil, casinghead gas

The GIDDINGS (AUSTIN CHALK-3) 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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered

1960-10-29

as the register files it

Field class

Oil and gas

the register's own label

Between wells

0 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: “DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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	21,362 bbl	$864,435
Casinghead gas	Production	198,258 Mcf	$607,712
Total			$1,472,147

95,410 Mcf of this lease's gas, across 48 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 29.9448, -96.9103. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.94478, -96.91027 · 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

10,086 ft

1 wells filed one

Completion to plug

9.5 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 10,086 ft.

Completions filed

Oct 2004

1 of 1 wells

Plug dates filed

Apr 2014

1 of 1 wells

Last completion to plug: a median of 9.5 years across the 1 well that filed both dates, with the middle half between 9.5 years and 9.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-14930511	1	10,086 ft	Oct 2004	Apr 2014	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 (259)

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

259 months


Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	105	7	90.40	4.86	$9,526
Dec 2013	0	12	91.82	4.35	$52
Nov 2013	0	44	88.85	3.74	$164
Oct 2013	0	135	97.42	3.78	$510
Sep 2013	0	133	104.11	3.72	$494
Aug 2013	0	99	104.25	3.52	$349
Jul 2013	0	136	102.52	3.72	$506
Jun 2013	0	140	94.40	3.93	$551
May 2013	0	135	94.83	4.15	$560
Apr 2013	0	131	93.96	4.28	$561
Mar 2013	1	156	93.62	3.91	$704
Feb 2013	0	130	91.23	3.42	$445
Jan 2013	0	113	91.60	3.42	$386
Dec 2012	179	157	86.77	3.42	$16,069
Nov 2012	1	136	86.95	3.62	$580
Oct 2012	0	169	89.38	3.40	$575
Sep 2012	0	167	94.67	2.92	$487
Aug 2012	0	134	92.66	2.91	$390
Jul 2012	0	166	85.13	3.02	$501
Jun 2012	0	153	79.82	2.52	$385
May 2012	0	124	91.61	2.49	$309
Apr 2012	1	179	101.65	2.00	$459
Mar 2012	0	150	105.05	2.22	$333
Feb 2012	0	148	101.10	2.57	$380
Jan 2012	0	23	98.09	2.73	$63
Dec 2011	0	129	96.87	3.24	$418
Nov 2011	0	154	95.72	3.31	$510
Oct 2011	0	148	84.98	3.65	$540
Sep 2011	0	151	83.62	3.99	$602
Aug 2011	180	202	83.40	4.15	$15,850
Jul 2011	1	222	94.14	4.52	$1,097
Jun 2011	0	200	92.90	4.64	$928
May 2011	0	137	98.13	4.40	$603
Apr 2011	1	220	105.96	4.33	$1,059
Mar 2011	0	230	96.36	4.06	$933
Feb 2011	1	154	85.64	4.18	$729
Jan 2011	0	223	86.50	4.59	$1,023
Dec 2010	0	249	85.73	4.35	$1,083
Nov 2010	0	197	80.84	3.80	$748
Oct 2010	0	236	78.10	3.51	$828
Sep 2010	169	250	72.63	3.98	$13,269
Aug 2010	0	180	73.68	4.42	$795
Jul 2010	0	188	72.55	4.74	$890
Jun 2010	0	214	70.36	4.91	$1,051
May 2010	0	212	71.12	4.24	$898
Apr 2010	0	254	81.69	4.12	$1,047
Mar 2010	0	226	78.39	4.39	$992
Feb 2010	0	231	73.58	5.44	$1,257
Jan 2010	176	229	74.36	5.96	$14,453
Dec 2009	0	280	71.44	5.48	$1,535
Nov 2009	0	252	74.59	3.75	$945
Oct 2009	1	278	72.54	4.11	$1,215
Sep 2009	0	285	65.54	3.06	$873
Aug 2009	0	273	67.42	3.22	$879
Jul 2009	182	266	61.13	3.46	$12,047
Jun 2009	1	202	66.16	3.90	$853
May 2009	0	294	54.74	3.93	$1,154
Apr 2009	0	287	46.77	3.59	$1,030
Mar 2009	0	512	42.14	4.06	$2,078
Feb 2009	0	439	32.81	4.63	$2,034
Jan 2009	1	294	35.86	5.37	$1,615
Dec 2008	0	356	37.10	5.98	$2,128
Nov 2008	1	285	55.49	6.86	$2,011
Oct 2008	0	345	75.24	6.92	$2,388
Sep 2008	189	343	101.76	7.88	$21,934
Aug 2008	1	342	114.22	8.48	$3,015
Jul 2008	0	377	131.08	11.39	$4,294
Jun 2008	0	337	131.33	13.03	$4,392
May 2008	0	373	123.17	11.57	$4,317
Apr 2008	189	379	110.31	10.45	$24,811
Mar 2008	0	365	101.90	9.66	$3,527
Feb 2008	0	344	92.53	8.77	$3,017
Jan 2008	0	376	90.38	8.21	$3,085
Dec 2007	0	303	88.33	7.30	$2,213
Nov 2007	192	447	91.67	7.29	$20,860
Oct 2007	1	485	82.85	6.92	$3,440
Sep 2007	0	474	75.84	6.24	$2,960
Aug 2007	184	557	69.06	6.39	$16,265
Jul 2007	1	584	70.90	6.39	$3,801
Jun 2007	186	581	62.00	7.55	$15,918
May 2007	1	594	58.74	7.85	$4,719
Apr 2007	184	741	59.61	7.81	$16,752
Mar 2007	1	739	56.92	7.30	$5,453
Feb 2007	185	795	55.10	8.22	$16,725
Jan 2007	0	595	50.30	6.73	$4,002
Dec 2006	182	695	56.65	6.92	$15,119
Nov 2006	1	783	54.20	7.62	$6,019
Oct 2006	185	822	54.90	6.01	$15,100
Sep 2006	1	844	60.08	5.04	$4,311
Aug 2006	369	1,069	68.71	7.34	$33,200
Jul 2006	187	1,186	69.37	6.34	$20,495
Jun 2006	186	1,285	66.28	6.38	$20,531
May 2006	368	1,377	66.01	6.42	$33,139
Apr 2006	366	1,820	64.39	7.36	$36,963
Mar 2006	367	1,713	56.70	7.08	$32,942
Feb 2006	723	1,301	57.59	7.75	$51,722
Jan 2006	188	1,378	60.59	8.93	$23,701
Dec 2005	184	1,145	54.94	13.42	$25,470
Nov 2005	186	1,087	54.69	10.59	$21,682
Oct 2005	183	1,587	58.34	13.80	$32,570
Sep 2005	178	729	61.45	12.08	$19,744
Aug 2005	181	1,337	61.51	9.80	$24,232
Jul 2005	184	1,915	55.69	7.84	$25,268
Jun 2005	361	2,592	52.33	7.38	$38,023
May 2005	719	2,677	45.22	6.65	$50,318
Apr 2005	546	2,715	49.20	7.36	$46,847
Mar 2005	733	2,476	50.37	7.15	$54,637
Feb 2005	368	1,181	45.22	6.31	$24,095
Jan 2005	723	3,006	43.16	6.32	$50,209
Dec 2004	543	3,071	39.86	6.75	$42,377
Nov 2004	364	3,038	45.28	6.33	$35,714
Oct 2004	1,234	8,895	49.70	6.52	$119,282
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	1	29	34.36	5.53	$195
Feb 2004	0	87	32.45	5.51	$479
Jan 2004	0	80	32.03	6.30	$504
Dec 2003	0	89	30.26	6.30	$561
Nov 2003	59	124	28.80	4.60	$2,269
Oct 2003	0	202	28.17	4.76	$961
Sep 2003	0	144	26.31	4.75	$684
Aug 2003	0	133	29.76	5.13	$682
Jul 2003	0	131	29.41	5.17	$677
Jun 2003	0	132	28.56	5.98	$790
May 2003	0	82	26.59	5.97	$490
Apr 2003	0	117	26.67	5.41	$633
Mar 2003	0	248	31.14	6.10	$1,512
Feb 2003	0	398	33.48	7.93	$3,155
Jan 2003	0	140	30.31	5.58	$781
Dec 2002	0	135	26.91	4.85	$655
Nov 2002	0	171	24.66	4.14	$707
Oct 2002	180	487	26.46	4.23	$6,822
Sep 2002	0	198	27.44	3.64	$720
Aug 2002	0	291	25.96	3.16	$921
Jul 2002	0	261	24.58	3.06	$799
Jun 2002	0	87	23.73	3.34	$290
May 2002	0	135	24.66	3.58	$484
Apr 2002	0	264	23.65	3.51	$927
Mar 2002	0	377	22.00	3.10	$1,170
Feb 2002	0	272	18.22	2.38	$646
Jan 2002	0	280	17.17	2.38	$665
Dec 2001	0	475	16.93	2.36	$1,123
Nov 2001	0	380	18.07	2.41	$914
Oct 2001	0	256	19.78	2.53	$647
Sep 2001	184	327	24.26	2.25	$5,200
Aug 2001	0	691	24.87	3.05	$2,110
Jul 2001	0	140	23.93	3.20	$448
Jun 2001	0	149	24.56	3.82	$570
May 2001	0	131	25.52	4.31	$564
Apr 2001	0	99	24.68	5.34	$528
Mar 2001	0	143	24.54	5.38	$769
Feb 2001	0	157	27.75	5.77	$905
Jan 2001	0	160	27.47	8.40	$1,344
Dec 2000	0	215	26.88	9.12	$1,961
Nov 2000	1	262	32.21	5.66	$1,515
Oct 2000	0	314	31.23	5.15	$1,616
Sep 2000	0	305	31.87	5.19	$1,582
Aug 2000	0	340	29.64	4.54	$1,544
Jul 2000	0	324	28.53	4.09	$1,325
Jun 2000	0	269	29.30	4.40	$1,183
May 2000	0	242	27.26	3.68	$891
Apr 2000	160	255	24.51	3.12	$4,716
Mar 2000	0	336	28.42	2.86	$961
Feb 2000	0	445	27.62	2.73	$1,213
Jan 2000	0	367	25.27	2.48	$910
Dec 1999	0	339	24.28	2.42	$822
Nov 1999	0	278	23.19	2.43	$677
Oct 1999	0	404	20.98	2.80	$1,133
Sep 1999	159	325	21.75	2.62	$4,309
Aug 1999	0	435	19.26	2.88	$1,251
Jul 1999	1	503	17.89	2.37	$1,211
Jun 1999	0	356	15.94	2.36	$841
May 1999	186	528	15.79	2.32	$4,162
Apr 1999	0	468	15.10	2.21	$1,033
Mar 1999	0	278	12.47	1.84	$511
Feb 1999	0	162	9.98	1.82	$294
Jan 1999	0	189	10.38	1.90	$359
Dec 1998	0	318	9.20	1.77	$564
Nov 1998	0	382	10.89	2.19	$835
Oct 1998	0	420	12.42	1.97	$827
Sep 1998	177	499	12.59	2.08	$3,268
Aug 1998	0	258	11.30	1.91	$492
Jul 1998	0	475	11.74	2.24	$1,063
Jun 1998	0	363	11.24	2.24	$812
May 1998	0	430	12.62	2.21	$949
Apr 1998	188	527	13.04	2.51	$3,772
Mar 1998	0	635	12.80	2.31	$1,466
Feb 1998	0	517	13.95	2.30	$1,189
Jan 1998	156	577	14.70	2.15	$3,537
Dec 1997	0	443	16.32	2.41	$1,068
Nov 1997	0	506	18.19	3.09	$1,563
Oct 1997	164	696	19.25	3.15	$5,349
Sep 1997	0	600	17.74	2.95	$1,773
Aug 1997	183	374	17.86	2.55	$4,224
Jul 1997	0	592	17.58	2.25	$1,330
Jun 1997	0	641	17.24	2.26	$1,447
May 1997	183	667	18.97	2.31	$5,011
Apr 1997	0	614	17.88	2.08	$1,279
Mar 1997	0	547	18.95	1.94	$1,061
Feb 1997	180	772	20.49	2.21	$5,391
Jan 1997	0	438	23.48	3.54	$1,550
Dec 1996	193	510	23.32	—	$4,501
Nov 1996	0	705	21.97	—	$0
Oct 1996	179	913	23.31	—	$4,172
Sep 1996	0	942	22.22	—	$0
Aug 1996	179	931	20.26	—	$3,627
Jul 1996	0	983	19.55	—	$0
Jun 1996	0	1,434	18.73	—	$0
May 1996	181	361	19.43	—	$3,517
Apr 1996	185	364	21.51	—	$3,979
Mar 1996	1	722	19.38	—	$19
Feb 1996	0	601	16.98	—	$0
Jan 1996	190	845	17.07	—	$3,243
Dec 1995	188	1,127	17.19	—	$3,232
Nov 1995	0	1,030	16.00	—	$0
Oct 1995	0	843	15.43	—	$0
Sep 1995	187	1,116	16.18	—	$3,026
Aug 1995	189	1,401	15.92	—	$3,009
Jul 1995	0	1,164	15.24	—	$0
Jun 1995	0	592	16.41	—	$0
May 1995	0	1,194	17.56	—	$0
Apr 1995	370	1,200	17.73	—	$6,560
Mar 1995	0	989	16.44	—	$0
Feb 1995	0	743	16.58	—	$0
Jan 1995	333	847	15.92	—	$5,301
Dec 1994	0	1,317	15.03	—	$0
Nov 1994	0	1,112	15.90	—	$0
Oct 1994	0	1,340	15.58	—	$0
Sep 1994	0	1,636	15.29	—	$0
Aug 1994	0	1,736	16.13	—	$0
Jul 1994	343	1,540	17.56	—	$6,023
Jun 1994	724	2,043	17.09	—	$12,373
May 1994	0	1,941	15.88	—	$0
Apr 1994	0	2,303	14.14	—	$0
Mar 1994	365	2,567	12.46	—	$4,548
Feb 1994	0	2,365	12.50	—	$0
Jan 1994	18	2,192	12.66	—	$228
Dec 1993	0	3,611	12.33	—	$0
Nov 1993	0	3,593	14.49	—	$0
Oct 1993	0	1,736	15.85	—	$0
Sep 1993	186	3,960	15.03	—	$2,796
Aug 1993	297	4,854	15.66	—	$4,651
Jul 1993	333	5,436	15.46	—	$5,148
Jun 1993	379	4,375	16.79	—	$6,363
May 1993	0	3,568	17.68	—	$0
Apr 1993	199	2,695	18.05	—	$3,592
Mar 1993	1,128	9,610	18.14	—	$20,462
Feb 1993	381	3,763	17.90	—	$6,820
Jan 1993	347	4,560	16.93	—	$5,875

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.

Jan 2014 — as filed, then multipliedworked

Oil                  105 bbl  × $ 90.40 =     $9,492
Casinghead gas         7 Mcf  × $  4.86 =        $34

────────────────────────────────────────────────────
Month total                                   $9,526

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. 03/O/13035 is the state's own key, not one this site invented.