MCGREDE, J. M.

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 6237District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$3.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$6 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
OilDisposition57,314 bbl$2,801,850
Casinghead gasProduction63,429 Mcf$221,848
Total$3,023,699

12,440 Mcf of this lease's gas, across 47 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202589066.483.13$5,917
May 202504660.553.23$149
Apr 20251365762.363.54$8,683
Mar 20251602267.704.27$10,926
Feb 2025845970.884.34$6,210
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
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 202401380.301.55$20
Feb 202405676.091.78$100
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 202301574.852.64$40
Jun 202303768.962.26$84
May 202302870.622.23$62
Apr 20231532278.122.24$12,002
Mar 202302372.852.39$55
Feb 20230075.112.47$0
Jan 202302876.533.39$95
Dec 2022912576.415.73$7,097
Nov 202202985.005.65$164
Oct 202202987.185.86$170
Sep 20221472284.888.16$12,657
Aug 202203894.529.13$347
Jul 2022035101.587.54$264
Jun 2022010115.097.98$80
May 20221474109.378.43$16,111
Apr 202204104.226.84$27
Mar 202209108.885.08$46
Feb 202201191.054.86$53
Jan 20220181.844.54$5
Dec 202185071.323.90$6,062
Nov 20210177.435.24$5
Oct 20210279.795.71$11
Sep 2021105169.865.35$7,341
Aug 20210266.024.22$8
Jul 202102470.783.98$96
Jun 20211927969.493.38$13,609
May 20211455963.483.02$9,383
Apr 2021010660.362.76$292
Mar 202116815461.302.72$10,717
Feb 202114410157.805.55$8,884
Jan 202113314650.412.81$7,115
Dec 20209115544.642.68$4,477
Nov 202011915938.772.71$5,044
Oct 202014115936.972.48$5,607
Sep 2020015737.091.99$313
Aug 202031814039.982.39$13,048
Jul 2020014538.371.83$265
Jun 202016311134.901.69$5,876
May 20200116.921.81$2
Apr 202007814.751.80$141
Mar 202015717130.341.86$5,081
Feb 202031116049.881.98$15,830
Jan 202014611757.252.09$8,604
Dec 201916811659.012.30$10,181
Nov 20191467355.302.75$8,275
Oct 20191519853.472.42$8,311
Sep 201916019755.052.66$9,331
Aug 201926619253.112.30$14,570
Jul 20191379456.272.46$7,940
Jun 20190052.782.49$0
May 201915111358.482.74$9,140
Apr 201914311462.632.75$9,270
Mar 201914911556.803.06$8,815
Feb 20191649950.852.79$8,616
Jan 201914911346.033.23$7,223
Dec 2018161046.594.19$7,501
Nov 2018301052.934.24$15,932
Oct 2018111061.443.40$6,820
Sep 2018168059.543.11$10,003
Aug 201815017659.403.07$9,450
Jul 201815918865.142.93$10,908
Jun 201815318060.183.08$9,761
May 201816518765.382.90$11,330
Apr 201815417363.842.90$10,333
Mar 201832918361.222.79$20,651
Feb 2018016461.782.77$454
Jan 201832218062.874.01$20,966
Dec 201715618457.272.92$9,472
Nov 201715419155.423.12$9,130
Oct 201715526749.292.98$8,437
Sep 201715725747.523.09$8,254
Aug 201714924545.373.00$7,496
Jul 201715024243.873.09$7,328
Jun 201715026642.493.09$7,195
May 201715627745.373.26$7,982
Apr 201732827547.933.21$16,604
Mar 201716224746.772.98$8,314
Feb 201715718150.452.95$8,455
Jan 201716620349.413.42$8,896
Dec 201633721748.763.72$17,240
Nov 201618121742.492.64$8,265
Oct 201634725046.193.09$16,801
Sep 201618114841.553.10$7,979
Aug 201618111441.442.92$7,834
Jul 2016011041.622.92$322
Jun 201615611345.352.69$7,378
May 201617612642.521.99$7,734
Apr 2016512736.561.99$436
Mar 2016183033.011.79$6,041
Feb 20161688626.472.06$4,624
Jan 201618222227.352.36$5,503
Dec 201523021832.362.00$7,879
Nov 201516821938.792.17$6,991
Oct 201517727043.552.43$8,364
Sep 201516521242.992.76$7,678
Aug 201517823440.162.87$7,821
Jul 201518025148.152.95$9,406
Jun 201516323656.152.88$9,833
May 201517824355.212.96$10,546
Apr 201517222149.822.71$9,167
Mar 201526529842.892.93$12,240
Feb 201517020544.662.98$8,202
Jan 201516323543.433.10$7,808
Dec 201431426654.693.59$18,128
Nov 201417017470.464.25$12,718
Oct 201416920778.303.90$14,040
Sep 201427224586.164.05$24,427
Aug 201431819489.394.04$29,209
Jul 201415822396.564.18$16,189
Jun 201427822398.164.74$28,345
May 201433323294.734.73$32,642
Apr 201416322395.944.81$16,711
Mar 201424919395.895.06$24,853
Feb 201433723097.406.19$34,248
Jan 201417311790.404.86$16,208
Dec 201333610891.824.35$31,322
Nov 201317211788.853.74$15,720
Oct 2013011797.423.78$442
Sep 2013163130104.113.72$17,453
Aug 2013175125104.253.52$18,684
Jul 2013165125102.523.72$17,381
Jun 2013013994.403.93$547
May 201316117894.834.15$16,006
Apr 201315838293.964.28$16,482
Mar 201333019493.623.91$31,654
Feb 201316024291.233.42$15,424
Jan 201316619091.603.42$15,855
Dec 201219218886.773.42$17,303
Nov 201216521486.953.62$15,122
Oct 201215420089.383.40$14,444
Sep 201216322294.672.92$16,079
Aug 201214923592.662.91$14,490
Jul 201216324785.133.02$14,622
Jun 201216922679.822.52$14,059
May 201216522891.612.49$15,683
Apr 2012166220101.652.00$17,313
Mar 2012152221105.052.22$16,459
Feb 2012150239101.102.57$15,779
Jan 201230223198.092.73$30,255
Dec 201116525496.873.24$16,806
Nov 201116021795.723.31$16,034
Oct 201123826684.983.65$21,196
Sep 201115625983.623.99$14,077
Aug 201115326883.404.15$13,872
Jul 201114125894.144.52$14,439
Jun 201131625592.904.64$30,540
May 201117640398.134.40$19,046
Apr 2011177271105.964.33$19,929
Mar 201116015696.364.06$16,051
Feb 2011014385.644.18$598
Jan 201117718586.504.59$16,159
Dec 201016616985.734.35$14,966
Nov 201017025780.843.80$14,718
Oct 201033923778.103.51$27,308
Sep 201015627472.633.98$12,421
Aug 201016322773.684.42$13,013
Jul 201017221772.554.74$13,506
Jun 201015422870.364.91$11,955
May 201015224171.124.24$11,831
Apr 201016822581.694.12$14,652
Mar 201016121478.394.39$13,560
Feb 20106515473.585.44$5,621
Jan 201016515274.365.96$13,176
Dec 200918121671.445.48$14,115
Nov 200916619674.593.75$13,117
Oct 200916218372.544.11$12,504
Sep 200917121065.543.06$11,851
Aug 200916618167.423.22$11,774
Jul 200910017561.133.46$6,719
Jun 200916819366.163.90$11,867
May 200915916154.743.93$9,336
Apr 200917521446.773.59$8,952
Mar 2009152042.144.06$6,405
Feb 200917120332.814.63$6,551
Jan 200917817635.865.37$7,328
Dec 200816021237.105.98$7,203
Nov 200815221455.496.86$9,903
Oct 200818123075.246.92$15,211
Sep 2008146142101.767.88$15,976
Aug 2008160228114.228.48$20,209
Jul 2008151230131.0811.39$22,413
Jun 2008242224131.3313.03$34,701
May 2008158227123.1711.57$22,088
Apr 2008172213110.3110.45$21,200
Mar 2008164239101.909.66$19,021
Feb 200817621292.538.77$18,145
Jan 200816423890.388.21$16,775
Dec 200714923288.337.30$14,855
Nov 200717622791.677.29$17,789
Oct 200717523282.856.92$16,105
Sep 200716322275.846.24$13,748
Aug 200729324169.066.39$21,774
Jul 200705370.906.39$339
Jun 200716719562.007.55$11,826
May 200717123558.747.85$11,888
Apr 200715722659.617.81$11,123
Mar 200715723556.927.30$10,652
Feb 200715821355.108.22$10,456
Jan 200716023150.306.73$9,602
Dec 200616023056.656.92$10,655
Nov 200616522654.207.62$10,665
Oct 200629821654.906.01$17,659
Sep 200615226360.085.04$10,457
Aug 200616826768.717.34$13,503
Jul 200633127469.376.34$24,699
Jun 200615629166.286.38$12,197
May 20067715166.016.42$6,053
Apr 2006659964.397.36$4,914
Mar 200611910056.707.08$7,456
Feb 200606757.597.75$519
Jan 2006782460.598.93$4,940
Dec 20057012754.9413.42$5,550
Nov 20055810954.6910.59$4,326
Oct 20057410758.3413.80$5,793
Sep 20057010161.4512.08$5,521
Aug 20056213161.519.80$5,097
Jul 2005684355.697.84$4,124
Jun 200576252.337.38$3,992
May 20051518145.226.65$7,367
Apr 2005967249.207.36$5,253
Mar 200514013750.377.15$8,032
Feb 200514413445.226.31$7,357
Jan 200515515043.166.32$7,638
Dec 20041447939.866.75$6,273
Nov 20041568745.286.33$7,614
Oct 20041546849.706.52$8,097
Sep 20041548243.245.28$7,092
Aug 200414911142.375.55$6,929
Jul 200420013238.286.08$8,459
Jun 2004012836.106.43$823
May 200416717737.486.49$7,409
Apr 200414717234.475.86$6,075
Mar 200430617234.365.53$11,465
Feb 200414918832.455.51$5,871
Jan 200415715532.036.30$6,005
Dec 20036413130.266.30$2,762
Nov 2003709328.804.60$2,443
Oct 20037612328.174.76$2,726
Sep 2003738926.314.75$2,343
Aug 20035311729.765.13$2,177
Jul 20038914529.415.17$3,367
Jun 20034815328.565.98$2,286
May 200320417026.595.97$6,440
Apr 200315321526.675.41$5,243
Mar 20035419831.146.10$2,889
Feb 200312019133.487.93$5,531
Jan 200317626030.315.58$6,786
Dec 200216821726.914.85$5,574
Nov 200210316024.664.14$3,202
Oct 200212919126.464.23$4,221
Sep 200216719527.443.64$5,291
Aug 200211419925.963.16$3,589
Jul 200218618524.583.06$5,138
Jun 200217521923.733.34$4,884
May 200217820524.663.58$5,124
Apr 20025720123.653.51$2,054
Mar 20023823322.003.10$1,559
Feb 200213220518.222.38$2,892
Jan 200214916817.172.38$2,957
Dec 200113117916.932.36$2,641
Nov 2001142018.072.41$2,566
Oct 200122923319.782.53$5,119
Sep 200114120724.262.25$3,887
Aug 200117117524.873.05$4,787
Jul 200121720123.933.20$5,835
Jun 20017513124.563.82$2,343
May 200115419425.524.31$4,766
Apr 200121122624.685.34$6,413
Mar 200119519824.545.38$5,850
Feb 200114520527.755.77$5,206
Jan 200120321327.478.40$7,365
Dec 20006420626.889.12$3,600
Nov 200020926332.215.66$8,220
Oct 200020817231.235.15$7,381
Sep 200015217431.875.19$5,747
Aug 200018817029.644.54$6,344
Jul 200022317228.534.09$7,066
Jun 200015918029.304.40$5,450
May 200014215827.263.68$4,452
Apr 200013817924.513.12$3,940
Mar 200024120228.422.86$7,427
Feb 20001389327.622.73$4,065
Jan 20007415825.272.48$2,262
Dec 199917515824.282.42$4,632
Nov 199913111023.192.43$3,306
Oct 199914116920.982.80$3,432
Sep 199914116521.752.62$3,499
Aug 199922219019.262.88$4,822
Jul 199915922217.892.37$3,371
Jun 199913615815.942.36$2,541
May 19996111315.792.32$1,225
Apr 199914013715.102.21$2,417
Mar 199919217912.471.84$2,723
Feb 19992201459.981.82$2,459
Jan 199912211410.381.90$1,483
Dec 19981671509.201.77$1,802
Nov 199822614910.892.19$2,787
Oct 199822714312.421.97$3,101
Sep 19982339312.592.08$3,127
Aug 199823018011.301.91$2,942
Jul 199823410711.742.24$2,987
Jun 199832511611.242.24$3,913
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19981449812.802.31$2,070
Feb 19981489113.952.30$2,274
Jan 199823237514.702.15$4,218
Dec 19971465616.322.41$2,518
Nov 19971997618.193.09$3,855
Oct 19971397819.253.15$2,921
Sep 19971564817.742.95$2,909
Aug 199723010717.862.55$4,381
Jul 19971489117.582.25$2,806
Jun 19972221317.242.26$3,857
May 199711614018.972.31$2,524
Apr 199719216917.882.08$3,785
Mar 199721311018.951.94$4,250
Feb 199715110020.492.21$3,315
Jan 19971518723.483.54$3,853
Dec 199624013623.32$5,597
Nov 199615610121.97$3,427
Oct 199620210123.31$4,709
Sep 199621110122.22$4,688
Aug 19961324220.26$2,674
Jul 199622411519.55$4,379
Jun 199620711818.73$3,877
May 199623116119.43$4,488
Apr 199615215921.51$3,270
Mar 199620413219.38$3,954
Feb 199622412116.98$3,804
Jan 199620312017.07$3,465
Dec 199521910817.19$3,765
Nov 199522312616.00$3,568
Oct 199515517615.43$2,392
Sep 1995223016.18$3,608
Aug 199514810515.92$2,356
Jul 199523913915.24$3,642
Jun 199514210616.41$2,330
May 199523330317.56$4,091
Apr 199516436917.73$2,908
Mar 199523630216.44$3,880
Feb 199516247616.58$2,686
Jan 199521235715.92$3,375
Dec 199416731615.03$2,510
Nov 199421239115.90$3,371
Oct 199423541815.58$3,661
Sep 199415849215.29$2,416
Aug 199415430916.13$2,484
Jul 199421726217.56$3,811
Jun 199417431617.09$2,974
May 199416620415.88$2,636
Apr 199421738514.14$3,068
Mar 199415235912.46$1,894
Feb 199414443512.50$1,800
Jan 199423836812.66$3,013
Dec 199314034212.33$1,726
Nov 199320235514.49$2,927
Oct 199315329715.85$2,425
Sep 199315328115.03$2,300
Aug 199322130015.66$3,461
Jul 199316031715.46$2,474
Jun 199315433716.79$2,586
May 199316138217.68$2,846
Apr 199319439518.05$3,502
Mar 199315343218.14$2,775
Feb 199314436017.90$2,578
Jan 199320341316.93$3,437

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.

Jun 2025 — as filed, then multipliedworked
Oil                   89 bbl  × $ 66.48 =     $5,917
Casinghead gas         0 Mcf  × $  3.13 =         $0

────────────────────────────────────────────────────
Month total                                   $5,917

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/6237 is the state's own key, not one this site invented.