RAY, S. R.

Operated by BASA RESOURCES, INC. (P-5 53974) in the VAN, WEST (TRAVIS PEAK, SE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3497District 05Field 93049915OilCasinghead gasSaveExport
Value, all time
$5.0 M
Jan 1995 – May 2026
Value, last 12 filed months
$294 k
at the published price for each month
Months reported
377
no gaps in the span
Streams
2
oil, casinghead gas

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 2 leases and 2 wells, and the rule below applies to all of them.

Discovered
1995-01-27
as the register files it
Field class
Oil
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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.

StreamBasisVolumeValue
OilDisposition126,713 bbl$4,405,266
Casinghead gasProduction202,252 Mcf$634,566
Total$5,039,831

22,014 Mcf of this lease's gas, across 20 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 32.5743, -95.6410. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.57429, -95.64097 · centre of the wells drawn, derived

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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,250 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 7,250 ft.

Completions filed
Feb 2019
1 of 1 wells

1 well

42-4673092527,250 ftFeb 2019

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 (377)

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

377 months

May 20264960106.413.05$52,779
Apr 2026149098.932.87$14,741
Mar 2026299089.753.15$26,835
Feb 2026448063.503.75$28,448
Jan 2026310059.138.00$18,330
Dec 2025455056.664.41$25,780
Nov 2025314058.593.93$18,397
Oct 2025461059.383.30$27,374
Sep 2025301062.743.08$18,885
Aug 2025305063.933.01$19,499
Jul 2025471066.743.32$31,435
Jun 2025166066.483.13$11,036
May 2025251060.553.23$15,198
Apr 2025143062.363.54$8,917
Mar 2025304067.704.27$20,581
Feb 2025165070.884.34$11,695
Jan 2025169074.324.28$12,560
Dec 2024169068.993.12$11,659
Nov 2024170069.052.20$11,739
Oct 2024168071.372.28$11,990
Sep 2024168069.612.36$11,694
Aug 2024335075.632.06$25,336
Jul 2024159079.932.15$12,709
Jun 20240078.082.63$0
May 2024178078.812.20$14,028
Apr 2024169084.451.66$14,272
Mar 20240080.301.55$0
Feb 2024164076.091.78$12,479
Jan 20240073.023.30$0
Dec 20231751,84471.262.61$17,285
Nov 2023169077.892.81$13,163
Oct 20230085.443.09$0
Sep 2023163089.042.74$14,514
Aug 20231671,90080.522.67$18,525
Jul 2023167074.852.64$12,500
Jun 2023160068.962.26$11,034
May 20230070.622.23$0
Apr 2023171078.122.24$13,359
Mar 2023168072.852.39$12,239
Feb 20230075.112.47$0
Jan 20231704,75476.533.39$29,115
Dec 20221723,68476.415.73$34,248
Nov 20221681,70285.005.65$23,890
Oct 202201,80087.185.86$10,555
Sep 20221671,25284.888.16$24,396
Aug 202201,52694.529.13$13,928
Jul 20221691,371101.587.54$27,507
Jun 20220279115.097.98$2,226
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 2022168091.054.86$15,296
Jan 202209681.844.54$436
Dec 202102,39271.323.90$9,327
Nov 20211712,81677.435.24$27,988
Oct 20211702,85179.795.71$29,855
Sep 202103,12069.865.35$16,695
Aug 20211683,23766.024.22$24,753
Jul 202102,96070.783.98$11,787
Jun 202103,01269.493.38$10,182
May 20211693,78963.483.02$22,162
Apr 202104,21960.362.76$11,638
Mar 202102,41261.302.72$6,553
Feb 20210057.805.55$0
Jan 2021014350.412.81$402
Dec 20201683,31944.642.68$16,379
Nov 202003,43438.772.71$9,294
Oct 202003,27836.972.48$8,124
Sep 20201713,07537.091.99$12,465
Aug 202003,40939.982.39$8,131
Jul 20201653,00738.371.83$11,819
Jun 202002,73534.901.69$4,623
May 202003,08016.921.81$5,589
Apr 202001,73414.751.80$3,129
Mar 202002,92430.341.86$5,428
Feb 202002,44249.881.98$4,837
Jan 202002,84157.252.09$5,951
Dec 201902,18459.012.30$5,033
Nov 201916167855.302.75$10,768
Oct 201902,93253.472.42$7,091
Sep 201903,10255.052.66$8,243
Aug 20191642,75253.112.30$15,052
Jul 201903,57456.272.46$8,792
Jun 201902,62952.782.49$6,549
May 201903,27958.482.74$8,986
Apr 201902,74962.632.75$7,562
Mar 201903,32856.803.06$10,191
Feb 2019070050.852.79$1,955
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20181696261.443.40$10,594
Sep 2018012859.543.11$398
Aug 201817613659.403.07$10,871
Jul 201816716965.142.93$11,374
Jun 201816813960.183.08$10,538
May 201816614665.382.90$11,277
Apr 20181695763.842.90$10,954
Mar 201817013261.222.79$10,775
Feb 201804561.782.77$124
Jan 20181706262.874.01$10,936
Dec 201714615557.272.92$8,814
Nov 20179012355.423.12$5,371
Oct 201719513649.292.98$10,017
Sep 20179413147.523.09$4,871
Aug 201727613945.373.00$12,940
Jul 201716210143.873.09$7,419
Jun 201716615142.493.09$7,520
May 201716816345.373.26$8,154
Apr 2017014147.933.21$453
Mar 201716817346.772.98$8,374
Feb 201717616250.452.95$9,358
Jan 201716512049.413.42$8,563
Dec 20161599948.763.72$8,121
Nov 20161684042.492.64$7,244
Oct 20161643146.193.09$7,671
Sep 20161682741.553.10$7,064
Aug 201602941.442.92$85
Jul 20161662041.622.92$6,967
Jun 20161663745.352.69$7,627
May 20161085042.521.99$4,692
Apr 201615013136.561.99$5,745
Mar 20161368133.011.79$4,635
Feb 201614522326.472.06$4,298
Jan 201625623727.352.36$7,562
Dec 201517129732.362.00$6,128
Nov 201504738.792.17$102
Oct 20151152043.552.43$5,057
Sep 201518415042.992.76$8,324
Aug 20152254840.162.87$9,174
Jul 201512515448.152.95$6,472
Jun 201516516656.152.88$9,743
May 201515813355.212.96$9,116
Apr 201513811049.822.71$7,173
Mar 2015103642.892.93$4,435
Feb 2015944544.662.98$4,332
Jan 20151603543.433.10$7,057
Dec 2014924054.693.59$5,175
Nov 20141973770.464.25$14,038
Oct 20141217178.303.90$9,751
Sep 20143256286.164.05$28,253
Aug 20141639689.394.04$14,958
Jul 201412711096.564.18$12,723
Jun 20141023598.164.74$10,178
May 201412812894.734.73$12,730
Apr 20141079595.944.81$10,722
Mar 20142368195.895.06$23,040
Feb 20141175997.406.19$11,761
Jan 20141216290.404.86$11,240
Dec 20131165291.824.35$10,878
Nov 20132168188.853.74$19,494
Oct 20131265797.423.78$12,490
Sep 201324196104.113.72$25,447
Aug 201310187104.253.52$10,836
Jul 201319898102.523.72$20,663
Jun 20132158894.403.93$20,642
May 201321010094.834.15$20,329
Apr 20131038593.964.28$10,042
Mar 20132036493.623.91$19,255
Feb 2013771991.233.42$7,090
Jan 2013984491.603.42$9,127
Dec 20121727086.773.42$15,164
Nov 2012964386.953.62$8,503
Oct 20121966289.383.40$17,729
Sep 20121868394.672.92$17,851
Aug 20121878792.662.91$17,580
Jul 20121839385.133.02$15,860
Jun 2012938479.822.52$7,635
May 20121888591.612.49$17,434
Apr 201220370101.652.00$20,775
Mar 201219074105.052.22$20,124
Feb 201218874101.102.57$19,197
Jan 2012938298.092.73$9,347
Dec 20111826996.873.24$17,854
Nov 20111868095.723.31$18,069
Oct 20111908384.983.65$16,449
Sep 20111788283.623.99$15,211
Aug 20111699383.404.15$14,480
Jul 201119010394.144.52$18,352
Jun 20111599392.904.64$15,203
May 2011282698.134.40$2,862
Apr 201100105.964.33$0
Mar 20111096.364.06$96
Feb 20110085.644.18$0
Jan 2011311186.504.59$2,732
Dec 201054585.734.35$4,651
Nov 20101102980.843.80$9,002
Oct 2010682478.103.51$5,395
Sep 20101635572.633.98$12,058
Aug 20101737273.684.42$13,065
Jul 20101826772.554.74$13,521
Jun 2010986870.364.91$7,229
May 20101057771.124.24$7,794
Apr 201001581.694.12$62
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20091072.544.11$73
Sep 200950265.543.06$3,283
Aug 20091445967.423.22$9,898
Jul 20091545861.133.46$9,615
Jun 20091687166.163.90$11,391
May 20091056854.743.93$6,015
Apr 20092265946.773.59$10,782
Mar 20091906642.144.06$8,274
Feb 20091948432.814.63$6,754
Jan 200910411035.865.37$4,320
Dec 20081989337.105.98$7,902
Nov 20082079155.496.86$12,111
Oct 200819310575.246.92$15,248
Sep 2008238128101.767.88$25,227
Aug 2008116103114.228.48$14,123
Jul 200821867131.0811.39$29,339
Jun 200820895131.3313.03$28,555
May 2008339104123.1711.57$42,958
Apr 2008124115110.3110.45$14,881
Mar 200826293101.909.66$27,597
Feb 20081068092.538.77$10,510
Jan 2008935990.388.21$8,889
Dec 20071717288.337.30$15,630
Nov 20072318491.677.29$21,788
Oct 200714311282.856.92$12,623
Sep 20071415075.846.24$11,006
Aug 20072035969.066.39$14,396
Jul 20071874970.906.39$13,571
Jun 20071263362.007.55$8,061
May 200718822658.747.85$12,816
Apr 200718422759.617.81$12,740
Mar 20075917556.927.30$4,636
Feb 200728220755.108.22$17,239
Jan 200720520050.306.73$11,657
Dec 200620419256.656.92$12,885
Nov 200621119454.207.62$12,914
Oct 200622316454.906.01$13,229
Sep 200621916860.085.04$14,004
Aug 200623517768.717.34$17,446
Jul 200628314769.376.34$20,564
Jun 200615017766.286.38$11,072
May 200621820466.016.42$15,701
Apr 200621616964.397.36$15,152
Mar 200621822256.707.08$13,933
Feb 200624118557.597.75$15,313
Jan 200613622160.598.93$10,215
Dec 200526319154.9413.42$17,012
Nov 200525519854.6910.59$16,042
Oct 200524921658.3413.80$17,507
Sep 2005232061.4512.08$14,256
Aug 200524532461.519.80$18,244
Jul 200529929355.697.84$18,950
Jun 200522830852.337.38$14,205
May 200519618845.226.65$10,114
Apr 20052309149.207.36$11,986
Mar 2005218050.377.15$10,981
Feb 20052118945.226.31$10,103
Jan 20052709343.166.32$12,241
Dec 200421420939.866.75$9,941
Nov 200427024145.286.33$13,751
Oct 200422023549.706.52$12,465
Sep 200422224643.245.28$10,899
Aug 200426226842.375.55$12,589
Jul 200419717238.286.08$8,588
Jun 200428462636.106.43$14,279
May 200423439337.486.49$11,323
Apr 200429737934.475.86$12,458
Mar 200425435134.365.53$10,669
Feb 200427329832.455.51$10,501
Jan 200431725232.036.30$11,741
Dec 200328945330.266.30$11,600
Nov 200322544028.804.60$8,502
Oct 200331045028.174.76$10,875
Sep 200324342026.314.75$8,388
Aug 200332343729.765.13$11,854
Jul 200330739829.415.17$11,087
Jun 200323136628.565.98$8,787
May 200339134326.595.97$12,445
Apr 200335620726.675.41$10,614
Mar 200328021631.146.10$10,036
Feb 200321921733.487.93$9,052
Jan 200344725930.315.58$14,994
Dec 200280320026.914.85$22,579
Nov 20024391,61224.664.14$17,495
Oct 20024621,25226.464.23$17,519
Sep 200233836827.443.64$10,612
Aug 200246640225.963.16$13,369
Jul 2002359024.583.06$8,824
Jun 2002354023.733.34$8,400
May 200236020024.663.58$9,594
Apr 200236426023.653.51$9,522
Mar 200253137222.003.10$12,836
Feb 200234255218.222.38$7,543
Jan 200253337417.172.38$10,040
Dec 200134343416.932.36$6,833
Nov 200131717318.072.41$6,144
Oct 200147026119.782.53$9,957
Sep 200146927024.262.25$11,986
Aug 200163935424.873.05$16,973
Jul 200147342823.933.20$12,687
Jun 200146846024.563.82$13,253
May 200162138625.524.31$17,511
Apr 200146436024.685.34$13,372
Mar 200147737224.545.38$13,706
Feb 200148334427.755.77$15,387
Jan 200163439727.478.40$20,750
Dec 200067335926.889.12$21,365
Nov 200054033032.215.66$19,261
Oct 200072134131.235.15$24,271
Sep 200053733031.875.19$18,826
Aug 200053555829.644.54$18,391
Jul 200071457928.534.09$22,738
Jun 20005411,19629.304.40$21,110
May 200052340327.263.68$15,740
Apr 20006861,44424.513.12$21,313
Mar 200066062428.422.86$20,542
Feb 200045570427.622.73$14,487
Jan 200072177525.272.48$20,142
Dec 199984962024.282.42$22,116
Nov 199934650223.192.43$9,246
Oct 199936749720.982.80$9,093
Sep 199952242021.752.62$12,453
Aug 199956437219.262.88$11,932
Jul 199948034117.892.37$9,396
Jun 199948733615.942.36$8,556
May 199955453615.792.32$9,992
Apr 199967938315.102.21$11,099
Mar 199967843112.471.84$9,247
Feb 19995103239.981.82$5,677
Jan 199968630010.381.90$7,691
Dec 19985145619.201.77$5,724
Nov 199868841910.892.19$8,408
Oct 199869237812.421.97$9,339
Sep 199868440912.592.08$9,463
Aug 199884139111.301.91$10,249
Jul 199882037511.742.24$10,466
Jun 199869241211.242.24$8,700
May 199869459412.622.21$10,069
Apr 199881557313.042.51$12,063
Mar 199896776812.802.31$14,151
Feb 199881869713.952.30$13,014
Jan 199897484414.702.15$16,136
Dec 199790892516.322.41$17,049
Nov 19971,14892818.193.09$23,748
Oct 19971,1091,01519.253.15$24,545
Sep 19971,0871,10117.742.95$22,537
Aug 19971,0731,14917.862.55$22,099
Jul 19971,2451,10417.582.25$24,368
Jun 19971,0691,12017.242.26$20,958
May 19971,1591,13918.972.31$24,616
Apr 19971,1961,07817.882.08$23,630
Mar 19971,4011,16518.951.94$28,808
Feb 19971,2841,02620.492.21$28,572
Jan 19971,3461,20423.483.54$35,866
Dec 19961,5061,05823.32$35,120
Nov 19961,6741,28621.97$36,778
Oct 19961,6291,34123.31$37,972
Sep 19961,6181,04322.22$35,952
Aug 19961,8131,22420.26$36,731
Jul 19962,1011,41019.55$41,075
Jun 19961,8521,54718.73$34,688
May 19962,3013,34019.43$44,708
Apr 19962,6572,07721.51$57,152
Mar 19963,4402,32319.38$66,667
Feb 19961,75985016.98$29,868
Jan 19961,84152317.07$31,426
Dec 1995155217.19$258
Nov 199516890516.00$2,688
Oct 199551750715.43$7,977
Sep 19951,13268616.18$18,316
Aug 19951,09290415.92$17,385
Jul 199592466015.24$14,082
Jun 19951,09327716.41$17,936
May 19951,176017.56$20,651
Apr 19951,731117.73$30,691
Mar 19951,058016.44$17,394
Feb 19951,247016.58$20,675
Jan 1995720015.92$11,462

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.

May 2026 — as filed, then multipliedworked
Oil                  496 bbl  × $106.41 =    $52,779
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $52,779

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. 05/O/3497 is the state's own key, not one this site invented.