OLDHAM, IDA MAE, -D-
OLDHAM, IDA MAE, -D- is a Texas oil lease in Midland County, Railroad Commission district 08, operated by Ep Operating Limited Partnership. It has 16 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 565,591 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $900K, with roughly $169K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 371 barrels a month, about 23 per wellbore. Its strongest month on the record we hold was July 2021, at 2,523 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about OLDHAM, IDA MAE, -D-
- Who operates OLDHAM, IDA MAE, -D-?
- OLDHAM, IDA MAE, -D- is operated by Ep Operating Limited Partnership, Railroad Commission of Texas operator number 253229.
- Where is OLDHAM, IDA MAE, -D-?
- OLDHAM, IDA MAE, -D- is a Texas oil lease in Midland County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 16295.
- Is OLDHAM, IDA MAE, -D- still producing?
- OLDHAM, IDA MAE, -D- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for OLDHAM, IDA MAE, -D- is August 2026.
- How much has OLDHAM, IDA MAE, -D- produced?
- OLDHAM, IDA MAE, -D- has reported 565,591 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 16 wellbores.
- How much is OLDHAM, IDA MAE, -D- worth?
- The remaining production from OLDHAM, IDA MAE, -D- is estimated to be worth about $900K in total as of 26 August 2026, within a range of $702K to $1.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in OLDHAM, IDA MAE, -D- is a fraction of it. The estimate fits an Arps decline curve to the production OLDHAM, IDA MAE, -D- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for OLDHAM, IDA MAE, -D- is an estimate of value, not an offer and not an appraisal.
- How much income does OLDHAM, IDA MAE, -D- generate in a year?
- OLDHAM, IDA MAE, -D- is forecast to net about $169K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in OLDHAM, IDA MAE, -D- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ep Operating Limited Partnership |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Midland County, Texas |
| RRC district | 08 |
| Lease number | 16295 |
| Wellbores | 16 |
| Reported production | 565,591 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $900K |
Where OLDHAM, IDA MAE, -D- sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.