ELDER, J. S. & FRANK

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

Oil lease lease 6039District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$1.9 M
Jan 1993 – Jan 2025
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
385
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 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: THIS ORDER TO BE CANCELLED

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
OilDisposition37,939 bbl$1,946,642
Casinghead gasProduction54 Mcf$14
Total$1,946,656

48 Mcf of this lease's gas, across 48 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.

Every month this lease reported (385)

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

385 months

Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 202431069.612.36$2,158
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 202080014.751.80$1,180
Mar 2020162030.341.86$4,915
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019162059.012.30$9,560
Nov 20190055.302.75$0
Oct 2019170053.472.42$9,090
Sep 2019172055.052.66$9,469
Aug 20190053.112.30$0
Jul 2019174056.272.46$9,791
Jun 20190052.782.49$0
May 2019174058.482.74$10,176
Apr 20190062.632.75$0
Mar 2019136056.803.06$7,725
Feb 20190050.852.79$0
Jan 2019166046.033.23$7,641
Dec 20180046.594.19$0
Nov 2018165052.934.24$8,733
Oct 20180061.443.40$0
Sep 2018161059.543.11$9,586
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018164060.183.08$9,870
May 20180065.382.90$0
Apr 2018171063.842.90$10,917
Mar 20180061.222.79$0
Feb 2018155061.782.77$9,576
Jan 2018136062.874.01$8,550
Dec 20170057.272.92$0
Nov 2017164055.423.12$9,089
Oct 20170049.292.98$0
Sep 2017161047.523.09$7,651
Aug 20170045.373.00$0
Jul 2017115043.873.09$5,045
Jun 20170042.493.09$0
May 2017135045.373.26$6,125
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 2017143050.452.95$7,214
Jan 2017147049.413.42$7,263
Dec 20160048.763.72$0
Nov 2016148042.492.64$6,289
Oct 20160046.193.09$0
Sep 2016152041.553.10$6,316
Aug 2016126041.442.92$5,221
Jul 20160041.622.92$0
Jun 2016141045.352.69$6,394
May 2016153042.521.99$6,506
Apr 20160036.561.99$0
Mar 2016118033.011.79$3,895
Feb 2016129026.472.06$3,415
Jan 2016159027.352.36$4,349
Dec 2015141032.362.00$4,563
Nov 20150038.792.17$0
Oct 2015141043.552.43$6,141
Sep 2015167042.992.76$7,179
Aug 2015128040.162.87$5,140
Jul 20150048.152.95$0
Jun 2015122056.152.88$6,850
May 2015151055.212.96$8,337
Apr 2015163049.822.71$8,121
Mar 20150042.892.93$0
Feb 2015119044.662.98$5,315
Jan 2015162043.433.10$7,036
Dec 2014179054.693.59$9,790
Nov 2014171070.464.25$12,049
Oct 20140078.303.90$0
Sep 2014227086.164.05$19,558
Aug 20140089.394.04$0
Jul 2014108096.564.18$10,428
Jun 2014176098.164.74$17,276
May 20140094.734.73$0
Apr 2014188095.944.81$18,037
Mar 20140095.895.06$0
Feb 2014162097.406.19$15,779
Jan 2014175090.404.86$15,820
Dec 20130091.824.35$0
Nov 2013181088.853.74$16,082
Oct 2013150097.423.78$14,613
Sep 201300104.113.72$0
Aug 20132470104.253.52$25,750
Jul 201300102.523.72$0
Jun 201390094.403.93$8,496
May 2013174094.834.15$16,500
Apr 201389093.964.28$8,362
Mar 2013175093.623.91$16,384
Feb 2013245091.233.42$22,351
Jan 2013159091.603.42$14,564
Dec 20120086.773.42$0
Nov 2012158086.953.62$13,738
Oct 2012178089.383.40$15,910
Sep 2012173094.672.92$16,378
Aug 20120092.662.91$0
Jul 2012162085.133.02$13,791
Jun 2012169079.822.52$13,490
May 2012177091.612.49$16,215
Apr 20121770101.652.00$17,992
Mar 20121740105.052.22$18,279
Feb 20121650101.102.57$16,682
Jan 2012164098.092.73$16,087
Dec 2011167096.873.24$16,177
Nov 2011172095.723.31$16,464
Oct 2011151084.983.65$12,832
Sep 2011174083.623.99$14,550
Aug 2011166083.404.15$13,844
Jul 2011172094.144.52$16,192
Jun 2011172092.904.64$15,979
May 2011179098.134.40$17,565
Apr 20111660105.964.33$17,589
Mar 2011167096.364.06$16,092
Feb 2011169085.644.18$14,473
Jan 2011171086.504.59$14,792
Dec 2010173085.734.35$14,831
Nov 2010175080.843.80$14,147
Oct 2010177078.103.51$13,824
Sep 2010167072.633.98$12,129
Aug 2010161073.684.42$11,862
Jul 20100072.554.74$0
Jun 2010162070.364.91$11,398
May 2010154071.124.24$10,952
Apr 2010171081.694.12$13,969
Mar 2010175078.394.39$13,718
Feb 2010185073.585.44$13,612
Jan 2010176074.365.96$13,087
Dec 2009166071.445.48$11,859
Nov 2009169074.593.75$12,606
Oct 2009175072.544.11$12,695
Sep 2009173065.543.06$11,338
Aug 2009105067.423.22$7,079
Jul 2009210061.133.46$12,837
Jun 2009216066.163.90$14,291
May 2009108054.743.93$5,912
Apr 2009103046.773.59$4,817
Mar 2009216042.144.06$9,102
Feb 2009107032.814.63$3,511
Jan 2009196035.865.37$7,029
Dec 2008216037.105.98$8,014
Nov 2008109055.496.86$6,048
Oct 2008197075.246.92$14,822
Sep 20081710101.767.88$17,401
Aug 200800114.228.48$0
Jul 20083260131.0811.39$42,732
Jun 20081680131.3313.03$22,063
May 20081670123.1711.57$20,569
Apr 200800110.3110.45$0
Mar 20081590101.909.66$16,202
Feb 20080092.538.77$0
Jan 2008151090.388.21$13,647
Dec 2007149088.337.30$13,161
Nov 2007170091.677.29$15,584
Oct 20070082.856.92$0
Sep 2007155075.846.24$11,755
Aug 2007174069.066.39$12,016
Jul 2007176070.906.39$12,478
Jun 20070062.007.55$0
May 2007165058.747.85$9,692
Apr 2007173059.617.81$10,313
Mar 2007163056.927.30$9,278
Feb 2007180055.108.22$9,918
Jan 2007171050.306.73$8,601
Dec 2006152056.656.92$8,611
Nov 2006187054.207.62$10,135
Oct 2006178054.906.01$9,772
Sep 2006164060.085.04$9,853
Aug 20060068.717.34$0
Jul 2006309069.376.34$21,435
Jun 20060066.286.38$0
May 2006173066.016.42$11,420
Apr 2006187064.397.36$12,041
Mar 2006187056.707.08$10,603
Feb 2006183057.597.75$10,539
Jan 2006186060.598.93$11,270
Dec 2005114054.9413.42$6,263
Nov 2005178054.6910.59$9,735
Oct 20050058.3413.80$0
Sep 2005179061.4512.08$11,000
Aug 2005178061.519.80$10,949
Jul 2005181055.697.84$10,080
Jun 20050052.337.38$0
May 2005147045.226.65$6,647
Apr 2005181049.207.36$8,905
Mar 2005170050.377.15$8,563
Feb 20050045.226.31$0
Jan 2005146043.166.32$6,301
Dec 2004296039.866.75$11,799
Nov 20040045.286.33$0
Oct 2004145049.706.52$7,207
Sep 2004139043.245.28$6,010
Aug 20040042.375.55$0
Jul 2004145038.286.08$5,551
Jun 2004175036.106.43$6,318
May 2004157037.486.49$5,884
Apr 2004145034.475.86$4,998
Mar 2004170034.365.53$5,841
Feb 20040032.455.51$0
Jan 2004143032.036.30$4,580
Dec 2003161030.266.30$4,872
Nov 2003153028.804.60$4,406
Oct 2003160028.174.76$4,507
Sep 2003141026.314.75$3,710
Aug 2003162029.765.13$4,821
Jul 2003171029.415.17$5,029
Jun 2003156028.565.98$4,455
May 2003184026.595.97$4,893
Apr 2003163026.675.41$4,347
Mar 2003145031.146.10$4,515
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 2002165024.664.14$4,069
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 2002161025.963.16$4,180
Jul 2002165024.583.06$4,056
Jun 2002150023.733.34$3,560
May 2002151024.663.58$3,724
Apr 2002155023.653.51$3,666
Mar 2002159022.003.10$3,498
Feb 2002165018.222.38$3,006
Jan 2002176017.172.38$3,022
Dec 20010016.932.36$0
Nov 2001163018.072.41$2,945
Oct 2001165019.782.53$3,264
Sep 2001155024.262.25$3,760
Aug 20010024.873.05$0
Jul 2001153023.933.20$3,661
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 2001184024.545.38$4,515
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 2000160026.889.12$4,301
Nov 2000180032.215.66$5,798
Oct 2000158031.235.15$4,934
Sep 2000176031.875.19$5,609
Aug 2000175029.644.54$5,187
Jul 2000181028.534.09$5,164
Jun 2000174029.304.40$5,098
May 2000182027.263.68$4,961
Apr 2000154024.513.12$3,775
Mar 2000181028.422.86$5,144
Feb 2000145027.622.73$4,005
Jan 2000177025.272.48$4,473
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998110012.802.31$1,408
Feb 19980013.952.30$0
Jan 1998109014.702.15$1,602
Dec 199775016.322.41$1,224
Nov 199754018.193.09$982
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970117.242.26$2
May 19970118.972.31$2
Apr 19970117.882.08$2
Mar 1997112118.951.94$2,124
Feb 19970120.492.21$2
Jan 19970123.483.54$4
Dec 19960123.32$0
Nov 1996171121.97$3,757
Oct 1996154123.31$3,590
Sep 1996171122.22$3,800
Aug 1996173120.26$3,505
Jul 1996162119.55$3,167
Jun 1996167118.73$3,128
May 1996148119.43$2,876
Apr 1996103121.51$2,216
Mar 1996155119.38$3,004
Feb 1996169116.98$2,870
Jan 1996134117.07$2,287
Dec 1995168117.19$2,888
Nov 1995350116.00$5,600
Oct 1995155115.43$2,392
Sep 1995159116.18$2,573
Aug 1995185115.92$2,945
Jul 1995145115.24$2,210
Jun 1995165116.41$2,708
May 1995180117.56$3,161
Apr 1995138117.73$2,447
Mar 1995171116.44$2,811
Feb 1995183116.58$3,034
Jan 19950115.92$0
Dec 1994298115.03$4,479
Nov 19940115.90$0
Oct 1994321115.58$5,001
Sep 19940115.29$0
Aug 1994169116.13$2,726
Jul 1994163117.56$2,862
Jun 1994281117.09$4,802
May 19940115.88$0
Apr 1994143114.14$2,022
Mar 1994173112.46$2,156
Feb 1994136112.50$1,700
Jan 1994156112.66$1,975
Dec 1993170112.33$2,096
Nov 1993143114.49$2,072
Oct 1993166115.85$2,631
Sep 1993169115.03$2,540
Aug 1993152115.66$2,380
Jul 1993159115.46$2,458
Jun 19930116.79$0
May 1993148117.68$2,617
Apr 1993133118.05$2,401
Mar 1993165118.14$2,993
Feb 1993142117.90$2,542
Jan 1993142116.93$2,404

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.

Sep 2024 — as filed, then multipliedworked
Oil                   31 bbl  × $ 69.61 =     $2,158
Casinghead gas         0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                   $2,158

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. 6E/O/6039 is the state's own key, not one this site invented.