HUGHEY B & C

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 6118District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$8.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$300 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 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
OilDisposition220,571 bbl$8,183,939
Casinghead gasProduction101,130 Mcf$291,746
Total$8,475,685

32,168 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 (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 20263380106.413.05$35,967
Apr 202633722798.932.87$33,991
Mar 202630920989.753.15$28,391
Feb 202634220163.503.75$22,471
Jan 202633418859.138.00$21,253
Dec 202532522956.664.41$19,425
Nov 202533213058.593.93$19,962
Oct 202548721459.383.30$29,625
Sep 202533123962.743.08$21,502
Aug 202532423363.933.01$21,416
Jul 202533515566.743.32$22,872
Jun 202533222466.483.13$22,772
May 202549519760.553.23$30,609
Apr 202516524562.363.54$11,157
Mar 202548823967.704.27$34,058
Feb 202548527070.884.34$35,549
Jan 202531521874.324.28$24,344
Dec 202463126568.993.12$44,360
Nov 202446926169.052.20$32,958
Oct 202431717671.372.28$23,026
Sep 202431724969.612.36$22,655
Aug 202462938875.632.06$48,372
Jul 20242908779.932.15$23,366
Jun 2024021878.082.63$574
May 202416712778.812.20$13,440
Apr 202428519284.451.66$24,387
Mar 202444123880.301.55$35,780
Feb 202431923976.091.78$24,699
Jan 202418518173.023.30$14,106
Dec 202334121171.262.61$24,851
Nov 2023174077.892.81$13,553
Oct 20231373885.443.09$11,823
Sep 20231685189.042.74$15,098
Aug 202305980.522.67$158
Jul 20231614674.852.64$12,172
Jun 202301868.962.26$41
May 202301970.622.23$42
Apr 20231602278.122.24$12,548
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023168676.533.39$12,877
Dec 20220976.415.73$52
Nov 202201685.005.65$90
Oct 20221562187.185.86$13,723
Sep 202201984.888.16$155
Aug 20221593194.529.13$15,312
Jul 2022030101.587.54$226
Jun 202216232115.097.98$18,900
May 2022027109.378.43$228
Apr 2022027104.226.84$185
Mar 202216533108.885.08$18,133
Feb 202201191.054.86$53
Jan 2022155781.844.54$12,717
Dec 20210271.323.90$8
Nov 20210077.435.24$0
Oct 2021162579.795.71$12,955
Sep 20210669.865.35$32
Aug 2021135366.024.22$8,925
Jul 20210370.783.98$12
Jun 2021159369.493.38$11,059
May 20210363.483.02$9
Apr 2021159460.362.76$9,608
Mar 20210861.302.72$22
Feb 202102057.805.55$111
Jan 20211583750.412.81$8,069
Dec 202005444.642.68$144
Nov 20201644838.772.71$6,488
Oct 202005236.972.48$129
Sep 20201704937.091.99$6,403
Aug 202005739.982.39$136
Jul 20201646338.371.83$6,408
Jun 202004534.901.69$76
May 20201545716.921.81$2,709
Apr 202001514.751.80$27
Mar 20201601530.341.86$4,882
Feb 20200649.881.98$12
Jan 20200057.252.09$0
Dec 2019151059.012.30$8,911
Nov 20190355.302.75$8
Oct 20191541253.472.42$8,263
Sep 20191591755.052.66$8,798
Aug 201901153.112.30$25
Jul 2019155656.272.46$8,737
Jun 20190052.782.49$0
May 20191644158.482.74$9,703
Apr 20191542262.632.75$9,706
Mar 201903456.803.06$104
Feb 201901350.852.79$36
Jan 20191431546.033.23$6,631
Dec 2018172046.594.19$8,013
Nov 20180152.934.24$4
Oct 20181525261.443.40$9,516
Sep 201805259.543.11$162
Aug 20181553759.403.07$9,320
Jul 201814458165.142.93$11,084
Jun 201804260.183.08$129
May 20181475665.382.90$9,773
Apr 20181503863.842.90$9,686
Mar 201803361.222.79$92
Feb 20181472761.782.77$9,156
Jan 20181322562.874.01$8,399
Dec 2017144557.272.92$8,261
Nov 2017149255.423.12$8,264
Oct 2017143349.292.98$7,057
Sep 201704747.523.09$145
Aug 20171464845.373.00$6,768
Jul 20171391943.873.09$6,157
Jun 20171521842.493.09$6,514
May 201703745.373.26$121
Apr 20171447947.933.21$7,156
Mar 20171429946.772.98$6,937
Feb 20171396850.452.95$7,213
Jan 20171388749.413.42$7,116
Dec 20160048.763.72$0
Nov 20161469542.492.64$6,455
Oct 20161509446.193.09$7,219
Sep 201613910141.553.10$6,089
Aug 201609841.442.92$287
Jul 20161399441.622.92$6,060
Jun 20161588345.352.69$7,388
May 201608742.521.99$173
Apr 20161548836.561.99$5,805
Mar 20161387933.011.79$4,697
Feb 201605626.472.06$116
Jan 20161433927.352.36$4,003
Dec 20151356732.362.00$4,503
Nov 201507738.792.17$167
Oct 201515411343.552.43$6,981
Sep 201529514042.992.76$13,068
Aug 201514114040.162.87$6,065
Jul 201530414748.152.95$15,071
Jun 201516313756.152.88$9,547
May 201530312455.212.96$17,095
Apr 201513813049.822.71$7,227
Mar 201528710442.892.93$12,615
Feb 201514410744.662.98$6,749
Jan 201533511243.433.10$14,896
Dec 201415912154.693.59$9,130
Nov 201431711070.464.25$22,804
Oct 201415111878.303.90$12,284
Sep 201428814386.164.05$25,393
Aug 201432216289.394.04$29,437
Jul 201417122596.564.18$17,452
Jun 201432616298.164.74$32,768
May 201416115794.734.73$15,994
Apr 201415812295.944.81$15,745
Mar 201434315395.895.06$33,664
Feb 201417411397.406.19$17,647
Jan 201430610890.404.86$28,187
Dec 201314110591.824.35$13,404
Nov 201332410888.853.74$29,191
Oct 201316511797.423.78$16,516
Sep 2013151162104.113.72$16,323
Aug 2013324178104.253.52$34,404
Jul 2013168157102.523.72$17,807
Jun 201331919894.403.93$30,892
May 201317316694.834.15$17,094
Apr 201315417593.964.28$15,219
Mar 201348125993.623.91$46,045
Feb 201317422991.233.42$16,657
Jan 201332020091.603.42$29,996
Dec 201215121286.773.42$13,827
Nov 201234019986.953.62$30,284
Oct 201245519389.383.40$41,324
Sep 201232220894.672.92$31,091
Aug 201248616992.662.91$45,524
Jul 201231420185.133.02$27,338
Jun 201247018079.822.52$37,969
May 201232317691.612.49$30,028
Apr 2012504225101.652.00$51,681
Mar 2012331170105.052.22$35,149
Feb 2012506140101.102.57$51,516
Jan 201233718998.092.73$33,573
Dec 201134316896.873.24$33,771
Nov 201149218195.723.31$47,694
Oct 201147320284.983.65$40,933
Sep 201148421383.623.99$41,321
Aug 201131415383.404.15$26,822
Jul 201148316194.144.52$46,197
Jun 201133317692.904.64$31,752
May 201150319698.134.40$50,223
Apr 2011332218105.964.33$36,123
Mar 201149022496.364.06$48,125
Feb 201149825085.644.18$43,694
Jan 201147623686.504.59$42,257
Dec 201049324185.734.35$43,313
Nov 201065323580.843.80$53,680
Oct 201032322778.103.51$26,023
Sep 201068325672.633.98$50,625
Aug 201050026573.684.42$38,011
Jul 201050022472.554.74$37,336
Jun 201032323470.364.91$23,875
May 201065828471.124.24$48,000
Apr 201051426181.694.12$43,065
Mar 201064524178.394.39$51,619
Feb 201032015073.585.44$24,362
Jan 201065226874.365.96$50,081
Dec 200952227871.445.48$38,816
Nov 200965127074.593.75$49,571
Oct 200964726072.544.11$48,002
Sep 200949526365.543.06$33,248
Aug 200966028567.423.22$45,414
Jul 200966725661.133.46$41,661
Jun 200966129866.163.90$44,892
May 200949826154.743.93$28,285
Apr 200968125946.773.59$32,780
Mar 200951627542.144.06$22,860
Feb 200950222732.814.63$17,522
Jan 200967224135.865.37$25,392
Dec 200865825637.105.98$25,942
Nov 200850624455.496.86$29,752
Oct 200865926675.246.92$51,424
Sep 2008491210101.767.88$51,618
Aug 2008647264114.228.48$76,140
Jul 2008470250131.0811.39$64,455
Jun 2008661236131.3313.03$89,885
May 2008644255123.1711.57$82,273
Apr 2008606270110.3110.45$69,671
Mar 2008627277101.909.66$66,568
Feb 200865622992.538.77$62,708
Jan 200851323890.388.21$48,318
Dec 200764724288.337.30$58,917
Nov 200732225291.677.29$31,355
Oct 200765126482.856.92$55,763
Sep 200733622875.846.24$26,906
Aug 200764225569.066.39$45,965
Jul 200750723570.906.39$37,447
Jun 200748620862.007.55$31,702
May 200732216858.747.85$20,232
Apr 200746115059.617.81$28,651
Mar 200732914556.927.30$19,785
Feb 200746414655.108.22$26,766
Jan 200730316250.306.73$16,331
Dec 200648017556.656.92$28,403
Nov 200648716754.207.62$27,668
Oct 200632416554.906.01$18,780
Sep 200648216560.085.04$29,790
Aug 200632317468.717.34$23,470
Jul 200649918769.376.34$35,802
Jun 200633720766.286.38$23,658
May 200632820866.016.42$22,988
Apr 200650324164.397.36$34,162
Mar 200632319756.707.08$19,709
Feb 200632818057.597.75$20,285
Jan 200651023360.598.93$32,982
Dec 200533721854.9413.42$21,439
Nov 200551120154.6910.59$30,075
Oct 200533822658.3413.80$22,837
Sep 200531616461.4512.08$21,399
Aug 200533320761.519.80$22,511
Jul 200560922555.697.84$35,680
Jun 200532419952.337.38$18,424
May 200532020045.226.65$15,801
Apr 200552218949.207.36$27,074
Mar 200549917050.377.15$26,351
Feb 200566020945.226.31$31,164
Jan 200550417843.166.32$22,878
Dec 200450717839.866.75$21,411
Nov 200435418045.286.33$17,169
Oct 200434919649.706.52$18,622
Sep 200452515843.245.28$23,536
Aug 200435418742.375.55$16,037
Jul 200451219838.286.08$20,804
Jun 200450918436.106.43$19,559
May 200433511837.486.49$13,322
Apr 200449915434.475.86$18,103
Mar 200432526834.365.53$12,649
Feb 200451812632.455.51$17,503
Jan 200434519032.036.30$12,247
Dec 200363420730.266.30$20,489
Nov 200348414528.804.60$14,606
Oct 200366833728.174.76$20,422
Sep 200362534126.314.75$18,063
Aug 200397534329.765.13$30,775
Jul 200385232729.415.17$26,748
Jun 200361235528.565.98$19,603
May 200388735026.595.97$25,676
Apr 200391539126.675.41$26,517
Mar 200387232631.146.10$29,141
Feb 200363733533.487.93$23,982
Jan 200331733230.315.58$11,462
Dec 200298233526.914.85$28,052
Nov 200277535924.664.14$20,597
Oct 200291130426.464.23$25,391
Sep 200283634527.443.64$24,194
Aug 200242832925.963.16$12,152
Jul 200266924024.583.06$17,179
Jun 200247632023.733.34$12,364
May 200275439924.663.58$20,024
Apr 200256426023.653.51$14,252
Mar 200261427722.003.10$14,367
Feb 200253025918.222.38$10,272
Jan 200257728817.172.38$10,591
Dec 200159221516.932.36$10,531
Nov 200169031018.072.41$13,214
Oct 200173531519.782.53$15,335
Sep 200156923924.262.25$14,342
Aug 200152429124.873.05$13,920
Jul 200156029423.933.20$14,341
Jun 200157832924.563.82$15,454
May 200162736325.524.31$17,565
Apr 200166634124.685.34$18,256
Mar 200166931724.545.38$18,122
Feb 200157622527.755.77$17,282
Jan 200169816327.478.40$20,543
Dec 200026838426.889.12$10,707
Nov 200069542532.215.66$24,791
Oct 200062939631.235.15$21,681
Sep 200069741731.875.19$24,376
Aug 200072546529.644.54$23,600
Jul 200073843928.534.09$22,851
Jun 200081926729.304.40$25,171
May 200081231327.263.68$23,287
Apr 200080322124.513.12$20,370
Mar 200089826928.422.86$26,290
Feb 200080014027.622.73$22,478
Jan 200093115725.272.48$23,916
Dec 199995726124.282.42$23,869
Nov 199995842623.192.43$23,253
Oct 199993242620.982.80$20,748
Sep 199989747021.752.62$20,741
Aug 199983944819.262.88$17,447
Jul 199995145317.892.37$18,088
Jun 199992151015.942.36$15,885
May 199993345015.792.32$15,777
Apr 19991,10849215.102.21$17,817
Mar 19991,23343912.471.84$16,183
Feb 19999173709.981.82$9,824
Jan 19991,19545110.381.90$13,261
Dec 19981,2014379.201.77$11,824
Nov 19981,38741810.892.19$16,018
Oct 19981,15146812.421.97$15,217
Sep 19981,11754312.592.08$15,194
Aug 199880029611.301.91$9,605
Jul 19981,15447911.742.24$14,620
Jun 19981,08348211.242.24$13,251
May 19981,12049112.622.21$15,218
Apr 19981,00952813.042.51$14,480
Mar 199893848112.802.31$13,117
Feb 199888640813.952.30$13,298
Jan 199898143914.702.15$15,367
Dec 19971,07643816.322.41$18,616
Nov 19971,04638718.193.09$20,222
Oct 19971,01735519.253.15$20,695
Sep 199783148217.742.95$16,166
Aug 199789238317.862.55$16,910
Jul 199793948817.582.25$17,604
Jun 19971,16254117.242.26$21,254
May 19971,15751018.972.31$23,126
Apr 19971,11150717.882.08$20,921
Mar 19971,15351418.951.94$22,846
Feb 199792442020.492.21$19,859
Jan 19971,18948423.483.54$29,631
Dec 19961,04850023.32$24,439
Nov 19961,19456421.97$26,232
Oct 19961,12369223.31$26,177
Sep 19961,53283322.22$34,041
Aug 19961,10589320.26$22,387
Jul 19961,02354419.55$20,000
Jun 19961,15465618.73$21,614
May 19961,15465819.43$22,422
Apr 19961,16365121.51$25,016
Mar 19961,41762519.38$27,461
Feb 19961,22163116.98$20,733
Jan 19961,10257117.07$18,811
Dec 19951,14654417.19$19,700
Nov 19951,21062016.00$19,360
Oct 19951,40872015.43$21,725
Sep 199598653116.18$15,953
Aug 19951,16363015.92$18,515
Jul 19951,26776115.24$19,309
Jun 19951,49781216.41$24,566
May 19951,37970317.56$24,215
Apr 19951,44256517.73$25,567
Mar 19951,30452316.44$21,438
Feb 19951,34833316.58$22,350
Jan 19951,37736015.92$21,922
Dec 19941,58420015.03$23,808
Nov 19941,52928715.90$24,311
Oct 19941,46036915.58$22,747
Sep 19941,57751415.29$24,112
Aug 19941,74958816.13$28,211
Jul 19941,60941817.56$28,254
Jun 19941,54664617.09$26,421
May 19941,77980415.88$28,251
Apr 19941,62187114.14$22,921
Mar 19941,85191812.46$23,063
Feb 19941,59579512.50$19,938
Jan 19941,81184412.66$22,927
Dec 19931,63680212.33$20,172
Nov 19931,84672014.49$26,749
Oct 19931,69284515.85$26,818
Sep 19931,83583615.03$27,580
Aug 19931,91784915.66$30,020
Jul 19932,01488815.46$31,136
Jun 19931,79088816.79$30,054
May 19932,10485417.68$37,199
Apr 19931,92390518.05$34,710
Mar 19932,19880618.14$39,872
Feb 19932,00976717.90$35,961
Jan 19932,07683416.93$35,147

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                  338 bbl  × $106.41 =    $35,967
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $35,967

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/6118 is the state's own key, not one this site invented.