BASHARA -E-

Operated by SAXET OIL CORPORATION (P-5 749370) in the KEYSTONE (COLBY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3268District 08Field 49129132Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$138 k
at the published price for each month
Months reported
401
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 157 leases and 1,140 wells, and the rule below applies to all of them.

Discovered
1939-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
880 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

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
OilDisposition56,543 bbl$2,878,446
Casinghead gasProduction6,431 Mcf$0
Total$2,878,446

6,431 Mcf of this lease's gas, across 19 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 (9)

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 31.9435, -103.0285. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.94351, -103.02845 · 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
44.4%
4 of 9 wells
With a plug date
44.4%
4 of 9 wells
Median depth
3,449 ft
6 wells filed one
Completion to plug
69.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
444.4%
A plug date is filed
444.4%
BothOn the schedule and plugged. Neither fact cancels the other.
444.4%
NeitherNo plug date, and not on the schedule.
555.6%

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

Total depth in feet, 6 of 9 wells. Median 3,449 ft, with the middle half between 3,441 and 3,461 ft; the shallowest is 3,162 ft and the deepest 3,484 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 3 of 9 wells, Jul 1949 – Jul 2017. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jul 1949 – Jul 2017
3 of 9 wells; 6 filed none
Plug dates filed
Jul 2017 – Dec 2020
4 of 9 wells; 5 filed none

Last completion to plug: a median of 69.7 years across the 2 wells that filed both dates, with the middle half between 68.8 years and 70.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

9 wells

42-4950023173,162 ftDec 2020Yes
42-4950023393,484 ftApr 2019Yes
42-495002295
42-495002328W3,464 ft
42-495002451
42-495805923
42-495002362W3,450 ftJul 2017
42-495002306W3,447 ftAug 1949Jul 2017Yes
42-495002284W3,439 ftJul 1949Dec 2020Yes

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 (401)

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

401 months

May 20261880106.413.05$20,005
Apr 2026170098.932.87$16,818
Mar 2026187089.753.15$16,783
Feb 20260063.503.75$0
Jan 2026188059.138.00$11,116
Dec 2025175056.664.41$9,916
Nov 2025170058.593.93$9,960
Oct 2025186059.383.30$11,045
Sep 2025124062.743.08$7,780
Aug 2025354063.933.01$22,631
Jul 20250066.743.32$0
Jun 2025182066.483.13$12,099
May 2025183060.553.23$11,081
Apr 2025168062.363.54$10,476
Mar 2025180067.704.27$12,186
Feb 2025168070.884.34$11,908
Jan 2025185074.324.28$13,749
Dec 2024175068.993.12$12,073
Nov 2024175069.052.20$12,084
Oct 2024193071.372.28$13,774
Sep 2024185069.612.36$12,878
Aug 2024182075.632.06$13,765
Jul 2024180079.932.15$14,387
Jun 2024181078.082.63$14,132
May 2024178078.812.20$14,028
Apr 2024185084.451.66$15,623
Mar 2024182080.301.55$14,615
Feb 2024175076.091.78$13,316
Jan 2024194073.023.30$14,166
Dec 2023175071.262.61$12,471
Nov 2023362077.892.81$28,196
Oct 2023169085.443.09$14,439
Sep 2023171089.042.74$15,226
Aug 2023168080.522.67$13,527
Jul 2023167074.852.64$12,500
Jun 2023167068.962.26$11,516
May 2023169070.622.23$11,935
Apr 2023172078.122.24$13,437
Mar 2023353072.852.39$25,716
Feb 20230075.112.47$0
Jan 2023168076.533.39$12,857
Dec 2022172076.415.73$13,143
Nov 20220085.005.65$0
Oct 2022170087.185.86$14,821
Sep 2022172084.888.16$14,599
Aug 2022338094.529.13$31,948
Jul 20221670101.587.54$16,964
Jun 20221690115.097.98$19,450
May 20221770109.378.43$19,358
Apr 20223410104.226.84$35,539
Mar 20221700108.885.08$18,510
Feb 2022172091.054.86$15,661
Jan 2022171081.844.54$13,995
Dec 2021171071.323.90$12,196
Nov 2021167077.435.24$12,931
Oct 2021170079.795.71$13,564
Sep 2021331069.865.35$23,124
Aug 2021167066.024.22$11,025
Jul 2021164070.783.98$11,608
Jun 2021166069.493.38$11,535
May 2021341063.483.02$21,647
Apr 2021179060.362.76$10,804
Mar 2021170061.302.72$10,421
Feb 2021180057.805.55$10,404
Jan 2021333050.412.81$16,787
Dec 2020349044.642.68$15,579
Nov 20200038.772.71$0
Oct 2020183036.972.48$6,766
Sep 2020165037.091.99$6,120
Aug 2020364039.982.39$14,553
Jul 2020147038.371.83$5,640
Jun 2020388034.901.69$13,541
May 20200016.921.81$0
Apr 2020165014.751.80$2,434
Mar 2020351030.341.86$10,649
Feb 2020351049.881.98$17,508
Jan 20200057.252.09$0
Dec 2019352059.012.30$20,772
Nov 2019176055.302.75$9,733
Oct 2019346053.472.42$18,501
Sep 20190055.052.66$0
Aug 2019526053.112.30$27,936
Jul 20190056.272.46$0
Jun 2019340052.782.49$17,945
May 2019174058.482.74$10,176
Apr 2019339062.632.75$21,232
Mar 2019359056.803.06$20,391
Feb 2019160050.852.79$8,136
Jan 2019183046.033.23$8,423
Dec 2018176046.594.19$8,200
Nov 2018353052.934.24$18,684
Oct 2018168061.443.40$10,322
Sep 2018333059.543.11$19,827
Aug 2018347059.403.07$20,612
Jul 2018179065.142.93$11,660
Jun 2018174060.183.08$10,471
May 2018186065.382.90$12,161
Apr 2018350063.842.90$22,344
Mar 2018170061.222.79$10,407
Feb 2018368061.782.77$22,735
Jan 2018174062.874.01$10,939
Dec 2017346057.272.92$19,815
Nov 2017178055.423.12$9,865
Oct 2017332049.292.98$16,364
Sep 2017180047.523.09$8,554
Aug 2017358045.373.00$16,242
Jul 2017174043.873.09$7,633
Jun 2017340042.493.09$14,447
May 2017175045.373.26$7,940
Apr 2017345047.933.21$16,536
Mar 2017167046.772.98$7,811
Feb 2017341050.452.95$17,203
Jan 2017354049.413.42$17,491
Dec 2016178048.763.72$8,679
Nov 2016179042.492.64$7,606
Oct 2016350046.193.09$16,167
Sep 2016337041.553.10$14,002
Aug 2016185041.442.92$7,666
Jul 2016356041.622.92$14,817
Jun 2016177045.352.69$8,027
May 2016349042.521.99$14,839
Apr 2016177036.561.99$6,471
Mar 2016359033.011.79$11,851
Feb 2016175026.472.06$4,632
Jan 2016358027.352.36$9,791
Dec 2015354032.362.00$11,455
Nov 2015371038.792.17$14,391
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015165040.162.87$6,626
Jul 2015326048.152.95$15,697
Jun 2015165056.152.88$9,265
May 2015164055.212.96$9,054
Apr 2015164049.822.71$8,170
Mar 2015329042.892.93$14,111
Feb 2015167044.662.98$7,458
Jan 2015280043.433.10$12,160
Dec 2014167054.693.59$9,133
Nov 2014169070.464.25$11,908
Oct 2014165078.303.90$12,920
Sep 2014152086.164.05$13,096
Aug 20140089.394.04$0
Jul 2014168096.564.18$16,222
Jun 20140098.164.74$0
May 2014165094.734.73$15,630
Apr 20140095.944.81$0
Mar 2014169095.895.06$16,205
Feb 20140097.406.19$0
Jan 2014165090.404.86$14,916
Dec 2013332091.824.35$30,484
Nov 2013166088.853.74$14,749
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013159093.623.91$14,886
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012162086.773.42$14,057
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012155094.672.92$14,674
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012148079.822.52$11,813
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121540105.052.22$16,178
Feb 201200101.102.57$0
Jan 2012153098.092.73$15,008
Dec 20110096.873.24$0
Nov 2011158095.723.31$15,124
Oct 2011166084.983.65$14,107
Sep 20110083.623.99$0
Aug 2011163083.404.15$13,594
Jul 2011157094.144.52$14,780
Jun 2011163092.904.64$15,143
May 2011163098.134.40$15,995
Apr 201100105.964.33$0
Mar 2011175096.364.06$16,863
Feb 2011173085.644.18$14,816
Jan 20110086.504.59$0
Dec 2010165085.734.35$14,145
Nov 2010167080.843.80$13,500
Oct 2010163078.103.51$12,730
Sep 20100072.633.98$0
Aug 2010164073.684.42$12,084
Jul 2010167072.554.74$12,116
Jun 20100070.364.91$0
May 2010168071.124.24$11,948
Apr 2010169081.694.12$13,806
Mar 20100078.394.39$0
Feb 2010171073.585.44$12,582
Jan 2010168074.365.96$12,492
Dec 2009169071.445.48$12,073
Nov 20090074.593.75$0
Oct 2009325072.544.11$23,576
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009168066.163.90$11,115
May 20090054.743.93$0
Apr 2009175046.773.59$8,185
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008165055.496.86$9,156
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20081720114.228.48$19,646
Jul 20081700131.0811.39$22,284
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 20081710101.909.66$17,425
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007171088.337.30$15,104
Nov 20070091.677.29$0
Oct 2007170082.856.92$14,085
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007168070.906.39$11,911
Jun 20070062.007.55$0
May 2007172058.747.85$10,103
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007171055.108.22$9,422
Jan 20070050.306.73$0
Dec 2006167056.656.92$9,461
Nov 20060054.207.62$0
Oct 2006152054.906.01$8,345
Sep 20060060.085.04$0
Aug 2006148068.717.34$10,169
Jul 2006165069.376.34$11,446
Jun 20060066.286.38$0
May 2006321066.016.42$21,189
Apr 20060064.397.36$0
Mar 2006175056.707.08$9,923
Feb 20060057.597.75$0
Jan 2006170060.598.93$10,300
Dec 20050054.9413.42$0
Nov 2005164054.6910.59$8,969
Oct 2005171058.3413.80$9,976
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005165052.337.38$8,634
May 20050045.226.65$0
Apr 2005168049.207.36$8,266
Mar 20050050.377.15$0
Feb 2005167045.226.31$7,552
Jan 20050043.166.32$0
Dec 2004168039.866.75$6,696
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 2004172043.245.28$7,437
Aug 2004172042.375.55$7,288
Jul 20040038.286.08$0
Jun 2004175036.106.43$6,318
May 20040037.486.49$0
Apr 2004185034.475.86$6,377
Mar 20040034.365.53$0
Feb 2004178032.455.51$5,776
Jan 20040032.036.30$0
Dec 2003177030.266.30$5,356
Nov 20030028.804.60$0
Oct 2003175028.174.76$4,930
Sep 20030026.314.75$0
Aug 2003175029.765.13$5,208
Jul 20030029.415.17$0
Jun 2003178028.565.98$5,084
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 2003177031.146.10$5,512
Feb 20030033.487.93$0
Jan 2003187030.315.58$5,668
Dec 20020026.914.85$0
Nov 2002178024.664.14$4,389
Oct 20020026.464.23$0
Sep 2002181027.443.64$4,967
Aug 2002186025.963.16$4,829
Jul 20020024.583.06$0
Jun 2002182023.733.34$4,319
May 2002168024.663.58$4,143
Apr 20020023.653.51$0
Mar 2002185022.003.10$4,070
Feb 20020018.222.38$0
Jan 2002186017.172.38$3,194
Dec 2001183016.932.36$3,098
Nov 2001185018.072.41$3,343
Oct 20010019.782.53$0
Sep 2001186024.262.25$4,512
Aug 2001177024.873.05$4,402
Jul 20010023.933.20$0
Jun 2001179024.563.82$4,396
May 2001186025.524.31$4,747
Apr 2001184024.685.34$4,541
Mar 20010024.545.38$0
Feb 2001180027.755.77$4,995
Jan 2001371027.478.40$10,191
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000194031.235.15$6,059
Sep 2000388031.875.19$12,366
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 2000183024.513.12$4,485
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 1999183024.282.42$4,443
Nov 19990023.192.43$0
Oct 1999177020.982.80$3,713
Sep 19990021.752.62$0
Aug 1999181019.262.88$3,486
Jul 19990017.892.37$0
Jun 1999179015.942.36$2,853
May 1999171015.792.32$2,700
Apr 19990015.102.21$0
Mar 1999184012.471.84$2,294
Feb 1999009.981.82$0
Jan 1999179010.381.90$1,858
Dec 1998009.201.77$0
Nov 1998175010.892.19$1,906
Oct 19980012.421.97$0
Sep 1998179012.592.08$2,254
Aug 19980011.301.91$0
Jul 1998179011.742.24$2,101
Jun 19980011.242.24$0
May 1998180012.622.21$2,272
Apr 19980013.042.51$0
Mar 1998179012.802.31$2,291
Feb 19980013.952.30$0
Jan 1998174014.702.15$2,558
Dec 1997182016.322.41$2,970
Nov 19970018.193.09$0
Oct 1997174019.253.15$3,350
Sep 1997179017.742.95$3,175
Aug 19970017.862.55$0
Jul 1997177017.582.25$3,112
Jun 1997176017.242.26$3,034
May 19970018.972.31$0
Apr 1997178017.882.08$3,183
Mar 19970018.951.94$0
Feb 1997178020.492.21$3,647
Jan 19970023.483.54$0
Dec 1996141023.32$3,288
Nov 19960021.97$0
Oct 1996176023.31$4,103
Sep 1996177022.22$3,933
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 1996286019.43$5,557
Apr 19960021.51$0
Mar 19960019.38$0
Feb 1996302016.98$5,128
Jan 19960017.07$0
Dec 1995304017.19$5,226
Nov 19950016.00$0
Oct 1995274015.43$4,228
Sep 19950016.18$0
Aug 1995285015.92$4,537
Jul 19950015.24$0
Jun 19950016.41$0
May 1995420017.56$7,375
Apr 19950017.73$0
Mar 19950016.44$0
Feb 1995453016.58$7,511
Jan 19950015.92$0
Dec 19940015.03$0
Nov 1994462015.90$7,346
Oct 19940015.58$0
Sep 1994452015.29$6,911
Aug 19940116.13$0
Jul 19940017.56$0
Jun 199443336017.09$7,400
May 1994036015.88$0
Apr 199445236014.14$6,391
Mar 1994036012.46$0
Feb 199441436012.50$5,175
Jan 1994036012.66$0
Dec 199346236012.33$5,696
Nov 1993036014.49$0
Oct 199343236015.85$6,847
Sep 1993036015.03$0
Aug 199342336715.66$6,624
Jul 1993033315.46$0
Jun 199335933316.79$6,028
May 199343334417.68$7,655
Apr 1993035418.05$0
Mar 199344637618.14$8,090
Feb 1993033517.90$0
Jan 1993038816.93$0

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                  188 bbl  × $106.41 =    $20,005
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $20,005

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. 08/O/3268 is the state's own key, not one this site invented.