SETTLES -D-

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

Oil lease lease 41060District 08Field 42971200Hydrogen sulphide fieldOilSaveExport
Value, all time
$8.4 M
Dec 2011 – May 2026
Value, last 12 filed months
$524 k
at the published price for each month
Months reported
174
no gaps in the span
Streams
1
oil

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 231 leases and 2,805 wells, and the rule below applies to all of them.

Discovered
2011-11-22
as the register files it
Field class
Oil
the register's own label
Between wells
0 ft
minimum
From a lease line
200 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2014-01-07.

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.

The Commission's schedule remark for this field reads: P-15'S, ACRES LIST, AND LEASE PLATS REQUIRED.

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
OilDisposition123,201 bbl$8,408,017
Total$8,408,017

Wells on this lease (13)

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 32.0910, -101.3732. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

32.09095, -101.37327 · 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
23.1%
3 of 13 wells
With a plug date
23.1%
3 of 13 wells
Median depth
2,699 ft
12 wells filed one
Completion to plug
13.2 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
323.1%
A plug date is filed
323.1%
BothOn the schedule and plugged. Neither fact cancels the other.
323.1%
NeitherNo plug date, and not on the schedule.
1076.9%

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, 12 of 13 wells. Median 2,699 ft, with the middle half between 1,900 and 2,787 ft; the shallowest is 1,890 ft and the deepest 3,100 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, 11 of 13 wells, May 1980 – Dec 2021. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
May 1980 – Dec 2021
11 of 13 wells; 2 filed none
Plug dates filed
Aug 2006 – Apr 2019
3 of 13 wells; 10 filed none

Last completion to plug: a median of 13.2 years across the 2 wells that filed both dates, with the middle half between 6.6 years and 19.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

13 wells

42-2270424322,680 ftAug 2012Yes
42-227043681
42-22732160103,031 ftDec 2021
42-2273514415L3,100 ftApr 2019Apr 2019Yes
42-2273514516L3,100 ftJul 1997
42-227000732S2,700 ftJul 1997
42-2270154352,706 ftJun 1997
42-227000701S2,700 ftJun 1997
42-2270154242,697 ftJun 1997
42-22733373131,900 ftApr 1984
42-22733261111,900 ftSep 1983
42-227015456SQ1,900 ftSep 1983
42-227000773 S1,890 ftMay 1980Aug 2006Yes

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 (174)

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

174 months

May 2026724106.413.05$77,041
Apr 202661198.932.87$60,446
Mar 202653589.753.15$48,016
Feb 202648563.503.75$30,798
Jan 202653459.138.00$31,575
Dec 202566556.664.41$37,679
Nov 202551658.593.93$30,232
Oct 202578859.383.30$46,791
Sep 202565162.743.08$40,844
Aug 202552863.933.01$33,755
Jul 202565766.743.32$43,848
Jun 202564866.483.13$43,079
May 202577060.553.23$46,624
Apr 202561462.363.54$38,289
Mar 202569167.704.27$46,781
Feb 202559970.884.34$42,457
Jan 202547974.324.28$35,599
Dec 202466768.993.12$46,016
Nov 202466269.052.20$45,711
Oct 202468571.372.28$48,888
Sep 202456369.612.36$39,190
Aug 202456875.632.06$42,958
Jul 202468379.932.15$54,592
Jun 202472278.082.63$56,374
May 202474878.812.20$58,950
Apr 202448984.451.66$41,296
Mar 202459480.301.55$47,698
Feb 202461776.091.78$46,948
Jan 202480073.023.30$58,416
Dec 202374471.262.61$53,017
Nov 202395577.892.81$74,385
Oct 202372185.443.09$61,602
Sep 202387489.042.74$77,821
Aug 202332680.522.67$26,250
Jul 202366374.852.64$49,626
Jun 202378568.962.26$54,134
May 202338670.622.23$27,259
Apr 202357878.122.24$45,153
Mar 202392272.852.39$67,168
Feb 202362475.112.47$46,869
Jan 202372776.533.39$55,637
Dec 202255176.415.73$42,102
Nov 202246185.005.65$39,185
Oct 202254187.185.86$47,164
Sep 202249584.888.16$42,016
Aug 202232694.529.13$30,814
Jul 2022607101.587.54$61,659
Jun 2022320115.097.98$36,829
May 2022256109.378.43$27,999
Apr 2022643104.226.84$67,013
Mar 2022618108.885.08$67,288
Feb 202242591.054.86$38,696
Jan 202250881.844.54$41,575
Dec 202132471.323.90$23,108
Nov 202151977.435.24$40,186
Oct 202152679.795.71$41,970
Sep 202165269.865.35$45,549
Aug 202165266.024.22$43,045
Jul 202177570.783.98$54,855
Jun 202163969.493.38$44,404
May 202163763.483.02$40,437
Apr 202152160.362.76$31,448
Mar 202150961.302.72$31,202
Feb 202138057.805.55$21,964
Jan 202151250.412.81$25,810
Dec 202063044.642.68$28,123
Nov 202045838.772.71$17,757
Oct 202054236.972.48$20,038
Sep 202043337.091.99$16,060
Aug 202054639.982.39$21,829
Jul 202056138.371.83$21,526
Jun 202071834.901.69$25,058
May 202078916.921.81$13,350
Apr 202060614.751.80$8,939
Mar 202068330.341.86$20,722
Feb 202059549.881.98$29,679
Jan 202069457.252.09$39,732
Dec 201957659.012.30$33,990
Nov 201960255.302.75$33,291
Oct 201957853.472.42$30,906
Sep 201955955.052.66$30,773
Aug 201966953.112.30$35,531
Jul 201970656.272.46$39,727
Jun 201928752.782.49$15,148
May 201970558.482.74$41,228
Apr 201978862.632.75$49,352
Mar 201960456.803.06$34,307
Feb 20192750.852.79$1,373
Jan 201997846.033.23$45,017
Dec 201847846.594.19$22,270
Nov 201841752.934.24$22,072
Oct 201880361.443.40$49,336
Sep 201864759.543.11$38,522
Aug 20181,01159.403.07$60,053
Jul 201895765.142.93$62,339
Jun 201878460.183.08$47,181
May 201881665.382.90$53,350
Apr 201878363.842.90$49,987
Mar 201889661.222.79$54,853
Feb 201877761.782.77$48,003
Jan 201868562.874.01$43,066
Dec 201770057.272.92$40,089
Nov 201775055.423.12$41,565
Oct 201787749.292.98$43,227
Sep 201780447.523.09$38,206
Aug 201792145.373.00$41,786
Jul 201778343.873.09$34,350
Jun 201774242.493.09$31,528
May 201792245.373.26$41,831
Apr 201773747.933.21$35,324
Mar 201767746.772.98$31,663
Feb 201780150.452.95$40,410
Jan 201793349.413.42$46,100
Dec 201675148.763.72$36,619
Nov 201665442.492.64$27,788
Oct 201679846.193.09$36,860
Sep 201665241.553.10$27,091
Aug 201694041.442.92$38,954
Jul 201679941.622.92$33,254
Jun 201692945.352.69$42,130
May 201653442.521.99$22,706
Apr 201677236.561.99$28,224
Mar 20161,04633.011.79$34,528
Feb 201698426.472.06$26,046
Jan 201665127.352.36$17,805
Dec 201562632.362.00$20,257
Nov 201523738.792.17$9,193
Oct 201569543.552.43$30,267
Sep 201587742.992.76$37,702
Aug 201587640.162.87$35,180
Jul 201596348.152.95$46,368
Jun 201569656.152.88$39,080
May 201577455.212.96$42,733
Apr 20151,02949.822.71$51,265
Mar 201570442.892.93$30,195
Feb 201570144.662.98$31,307
Jan 20151,02943.433.10$44,689
Dec 201469354.693.59$37,900
Nov 201490570.464.25$63,766
Oct 201490978.303.90$71,175
Sep 201488086.164.05$75,821
Aug 201486889.394.04$77,591
Jul 201484196.564.18$81,207
Jun 201482598.164.74$80,982
May 201470394.734.73$66,595
Apr 201465595.944.81$62,841
Mar 201477795.895.06$74,507
Feb 201459297.406.19$57,661
Jan 201489790.404.86$81,089
Dec 201379791.824.35$73,181
Nov 201364588.853.74$57,308
Oct 201376797.423.78$74,721
Sep 2013927104.113.72$96,510
Aug 2013826104.253.52$86,111
Jul 2013885102.523.72$90,730
Jun 201367594.403.93$63,720
May 201369794.834.15$66,097
Apr 201383893.964.28$78,738
Mar 201390993.623.91$85,101
Feb 201382391.233.42$75,082
Jan 201379291.603.42$72,547
Dec 201273586.773.42$63,776
Nov 201278486.953.62$68,169
Oct 201296489.383.40$86,162
Sep 201296894.672.92$91,641
Aug 201291692.662.91$84,877
Jul 20121,00185.133.02$85,215
Jun 201294679.822.52$75,510
May 20121,00891.612.49$92,343
Apr 20121,026101.652.00$104,293
Mar 20121,154105.052.22$121,228
Feb 20121,105101.102.57$111,716
Jan 20121,30398.092.73$127,811
Dec 20111,41896.873.24$137,362

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                  724 bbl  × $106.41 =    $77,041

────────────────────────────────────────────────────
Month total                                  $77,041

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/41060 is the state's own key, not one this site invented.