GILBERT, H.C. 43

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

Oil lease lease 3770District 05Field 93042498OilCasinghead gasSaveExport
Value, all time
$406 k
Jan 2004 – May 2026
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
269
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 50 leases and 231 wells, and the rule below applies to all of them.

Discovered
1932-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
300 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 1984-07-01.

The Commission's schedule remark for this field reads: FIELD RULES EFFECTIVE 5-7-84 PER DOCKET #5-82104.

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
OilDisposition5,380 bbl$361,457
Casinghead gasProduction7,605 Mcf$44,376
Total$405,833

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 32.5306, -95.6554. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.53060, -95.65539 · 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
2,994 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 2,994 ft.

Completions filed
Jan 2004
1 of 1 wells

1 well

42-4670097972,994 ftJan 2004

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 (269)

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

269 months

May 20262844106.413.05$3,114
Apr 2026284198.932.87$2,888
Mar 2026284789.753.15$2,661
Feb 2026233163.503.75$1,577
Jan 2026273259.138.00$1,852
Dec 2025314756.664.41$1,964
Nov 2025284058.593.93$1,798
Oct 2025293259.383.30$1,828
Sep 2025293762.743.08$1,933
Aug 2025223963.933.01$1,524
Jul 202513366.743.32$176
Jun 202583366.483.13$635
May 2025322460.553.23$2,015
Apr 2025312262.363.54$2,011
Mar 2025292267.704.27$2,057
Feb 2025252070.884.34$1,859
Jan 202561874.324.28$523
Dec 202401968.993.12$59
Nov 202411469.052.20$100
Oct 20240971.372.28$21
Sep 2024243569.612.36$1,753
Aug 2024291775.632.06$2,228
Jul 2024211479.932.15$1,709
Jun 202461678.082.63$511
May 202451478.812.20$425
Apr 2024261584.451.66$2,221
Mar 2024421480.301.55$3,394
Feb 202435576.091.78$2,672
Jan 202418973.023.30$1,344
Dec 2023371371.262.61$2,671
Nov 2023381377.892.81$2,996
Oct 2023341585.443.09$2,951
Sep 2023241689.042.74$2,181
Aug 20230080.522.67$0
Jul 20236074.852.64$449
Jun 202313068.962.26$896
May 202312070.622.23$847
Apr 202311078.122.24$859
Mar 202318072.852.39$1,311
Feb 202324075.112.47$1,803
Jan 2023453276.533.39$3,552
Dec 2022262576.415.73$2,130
Nov 2022253885.005.65$2,340
Oct 2022234087.185.86$2,240
Sep 2022362884.888.16$3,284
Aug 2022103494.529.13$1,256
Jul 20221534101.587.54$1,780
Jun 20221431115.097.98$1,859
May 20222132109.378.43$2,567
Apr 20221935104.226.84$2,220
Mar 20222439108.885.08$2,811
Feb 2022203091.054.86$1,967
Jan 2022173481.844.54$1,546
Dec 202183971.323.90$723
Nov 2021133677.435.24$1,195
Oct 2021173879.795.71$1,574
Sep 202183469.865.35$741
Aug 2021123566.024.22$940
Jul 2021125570.783.98$1,068
Jun 2021212469.493.38$1,540
May 2021224763.483.02$1,538
Apr 2021214160.362.76$1,381
Mar 2021264261.302.72$1,708
Feb 202191357.805.55$592
Jan 2021176050.412.81$1,026
Dec 202016044.642.68$714
Nov 202015038.772.71$582
Oct 202018036.972.48$665
Sep 202017037.091.99$631
Aug 202019039.982.39$760
Jul 202018038.371.83$691
Jun 202018034.901.69$628
May 202016016.921.81$271
Apr 202017014.751.80$251
Mar 202014030.341.86$425
Feb 202012049.881.98$599
Jan 202013057.252.09$744
Dec 201914059.012.30$826
Nov 20198055.302.75$442
Oct 201912053.472.42$642
Sep 201915055.052.66$826
Aug 201913053.112.30$690
Jul 201917056.272.46$957
Jun 201916052.782.49$844
May 201916058.482.74$936
Apr 201920062.632.75$1,253
Mar 201916056.803.06$909
Feb 201916050.852.79$814
Jan 201913046.033.23$598
Dec 201812046.594.19$559
Nov 201813052.934.24$688
Oct 201813061.443.40$799
Sep 201812059.543.11$714
Aug 20188059.403.07$475
Jul 201827065.142.93$1,759
Jun 201811060.183.08$662
May 201817065.382.90$1,111
Apr 201819063.842.90$1,213
Mar 201816061.222.79$980
Feb 201811061.782.77$680
Jan 20187062.874.01$440
Dec 20176057.272.92$344
Nov 201719055.423.12$1,053
Oct 201717049.292.98$838
Sep 201724047.523.09$1,140
Aug 201710045.373.00$454
Jul 201719043.873.09$834
Jun 201715042.493.09$637
May 201719045.373.26$862
Apr 201719047.933.21$911
Mar 201720046.772.98$935
Feb 20177050.452.95$353
Jan 201714049.413.42$692
Dec 201610048.763.72$488
Nov 201614042.492.64$595
Oct 201619046.193.09$878
Sep 201614041.553.10$582
Aug 201620041.442.92$829
Jul 2016183041.622.92$837
Jun 2016252545.352.69$1,201
May 2016182642.521.99$817
Apr 2016182436.561.99$706
Mar 2016222533.011.79$771
Feb 2016192526.472.06$555
Jan 2016222327.352.36$656
Dec 2015224732.362.00$806
Nov 2015192838.792.17$798
Oct 2015183443.552.43$866
Sep 2015192842.992.76$894
Aug 2015232840.162.87$1,004
Jul 2015203148.152.95$1,054
Jun 2015182856.152.88$1,091
May 2015182555.212.96$1,068
Apr 2015172649.822.71$917
Mar 2015232342.892.93$1,054
Feb 2015192244.662.98$914
Jan 2015202543.433.10$946
Dec 2014212654.693.59$1,242
Nov 2014182270.464.25$1,362
Oct 2014241278.303.90$1,926
Sep 2014232286.164.05$2,071
Aug 2014232189.394.04$2,141
Jul 2014232196.564.18$2,309
Jun 2014252098.164.74$2,549
May 2014212094.734.73$2,084
Apr 2014212095.944.81$2,111
Mar 2014212195.895.06$2,120
Feb 2014202097.406.19$2,072
Jan 2014292090.404.86$2,719
Dec 2013241991.824.35$2,286
Nov 2013192088.853.74$1,763
Oct 2013242997.423.78$2,448
Sep 20132527104.113.72$2,703
Aug 20131829104.253.52$1,979
Jul 20133234102.523.72$3,407
Jun 2013273094.403.93$2,667
May 2013271194.834.15$2,606
Apr 2013282893.964.28$2,751
Mar 201391193.623.91$886
Feb 2013162591.233.42$1,545
Jan 2013272791.603.42$2,566
Dec 20121042886.773.42$9,120
Nov 2012182986.953.62$1,670
Oct 2012102689.383.40$982
Sep 2012202094.672.92$1,952
Aug 2012222192.662.91$2,100
Jul 2012253385.133.02$2,228
Jun 2012252879.822.52$2,066
May 2012253691.612.49$2,380
Apr 20122138101.652.00$2,211
Mar 20122454105.052.22$2,641
Feb 20122344101.102.57$2,438
Jan 2012253798.092.73$2,553
Dec 2011244496.873.24$2,467
Nov 2011183795.723.31$1,845
Oct 2011252684.983.65$2,219
Sep 2011312583.623.99$2,692
Aug 201162583.404.15$604
Jul 2011222094.144.52$2,161
Jun 2011213392.904.64$2,104
May 2011183198.134.40$1,903
Apr 20112430105.964.33$2,673
Mar 2011294296.364.06$2,965
Feb 2011164285.644.18$1,546
Jan 2011213286.504.59$1,963
Dec 201022985.734.35$298
Nov 201072780.843.80$668
Oct 2010203078.103.51$1,667
Sep 2010262772.633.98$1,996
Aug 2010292973.684.42$2,265
Jul 2010303572.554.74$2,342
Jun 2010133070.364.91$1,062
May 2010143471.124.24$1,140
Apr 2010273181.694.12$2,333
Mar 2010293478.394.39$2,423
Feb 2010212673.585.44$1,687
Jan 2010113774.365.96$1,039
Dec 2009283671.445.48$2,198
Nov 2009293974.593.75$2,309
Oct 2009463472.544.11$3,477
Sep 2009103765.543.06$769
Aug 20092067.423.22$135
Jul 200913061.133.46$795
Jun 2009293066.163.90$2,035
May 2009132954.743.93$825
Apr 2009173646.773.59$924
Mar 2009203042.144.06$965
Feb 2009182832.814.63$720
Jan 2009232935.865.37$981
Dec 2008342837.105.98$1,429
Nov 2008162855.496.86$1,080
Oct 2008402975.246.92$3,210
Sep 20082228101.767.88$2,459
Aug 20082630114.228.48$3,224
Jul 20085241131.0811.39$3,400
Jun 20089103131.3313.03$2,524
May 200812151123.1711.57$3,226
Apr 20084144110.3110.45$1,947
Mar 20087145101.909.66$2,115
Feb 2008435692.538.77$3,492
Jan 2008218790.388.21$1,715
Dec 2007417588.337.30$1,631
Nov 2007919291.677.29$2,225
Oct 20072919182.856.92$3,725
Sep 20072119675.846.24$2,817
Aug 2007920369.066.39$1,918
Jul 20071618670.906.39$2,323
Jun 20071619162.007.55$2,434
May 20072017658.747.85$2,556
Apr 2007191159.617.81$1,218
Mar 2007201456.927.30$1,241
Feb 2007201355.108.22$1,209
Jan 2007181650.306.73$1,013
Dec 2006141356.656.92$883
Nov 200671754.207.62$509
Oct 200631454.906.01$249
Sep 20068060.085.04$481
Aug 2006131168.717.34$974
Jul 200691869.376.34$739
Jun 2006121866.286.38$910
May 2006251866.016.42$1,766
Apr 2006191364.397.36$1,319
Mar 2006173456.707.08$1,205
Feb 200616857.597.75$983
Jan 2006141060.598.93$938
Dec 2005161054.9413.42$1,013
Nov 2005171054.6910.59$1,036
Oct 2005161158.3413.80$1,085
Sep 2005101161.4512.08$747
Aug 2005121061.519.80$836
Jul 2005151155.697.84$922
Jun 200525852.337.38$1,367
May 2005281245.226.65$1,346
Apr 200524549.207.36$1,218
Mar 200529550.377.15$1,497
Feb 200527545.226.31$1,253
Jan 200525543.166.32$1,111
Dec 200428439.866.75$1,143
Nov 200428445.286.33$1,293
Oct 200432549.706.52$1,623
Sep 200434543.245.28$1,497
Aug 200439642.375.55$1,686
Jul 200438838.286.08$1,503
Jun 200440736.106.43$1,489
May 200447637.486.49$1,801
Apr 200450534.475.86$1,753
Mar 200462634.365.53$2,164
Feb 200465532.455.51$2,137
Jan 200426132.036.30$839

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                   28 bbl  × $106.41 =     $2,979
Casinghead gas        44 Mcf  × $  3.05 =       $134

────────────────────────────────────────────────────
Month total                                   $3,114

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/3770 is the state's own key, not one this site invented.