IDA
IDA is a Texas oil lease in Smith County, Railroad Commission district 06, operated by BRG Lone Star Ltd. It has 1 wellbore on file with the Commission. Reported production runs from June 2014 to August 2026, totalling 12,705 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 $181K, with roughly $35K 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 48 barrels a month. Its strongest month on the record we hold was August 2018, at 215 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 IDA
- Who operates IDA?
- IDA is operated by BRG Lone Star Ltd., Railroad Commission of Texas operator number 090870.
- Where is IDA?
- IDA is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 15388.
- Is IDA still producing?
- IDA is currently producing. The most recent month of production reported to the Railroad Commission of Texas for IDA is August 2026.
- How much has IDA produced?
- IDA has reported 12,705 barrels of oil (bbl) to the Railroad Commission of Texas between June 2014 and August 2026, from 1 wellbore.
- How much is IDA worth?
- The remaining production from IDA is estimated to be worth about $181K in total as of 26 August 2026, within a range of $100K to $262K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in IDA is a fraction of it. The estimate fits an Arps decline curve to the production IDA has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for IDA is an estimate of value, not an offer and not an appraisal.
- How much income does IDA generate in a year?
- IDA is forecast to net about $35K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in IDA receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | BRG Lone Star Ltd. |
|---|---|
| Field | Chapel Hill (Travis Peak) |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 15388 |
| Wellbores | 1 |
| Reported production | 12,705 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $181K |
Where IDA 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.