LEE -B-

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 6381District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$4.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$121 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
OilDisposition177,652 bbl$3,941,395
Casinghead gasProduction72,513 Mcf$55,230
Total$3,996,625

54,582 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 20261820106.413.05$19,367
Apr 2026179098.932.87$17,708
Mar 2026181089.753.15$16,245
Feb 202690063.503.75$5,715
Jan 2026164059.138.00$9,697
Dec 2025180056.664.41$10,199
Nov 2025233058.593.93$13,651
Oct 202590059.383.30$5,344
Sep 20250062.743.08$0
Aug 202590063.933.01$5,754
Jul 202583066.743.32$5,539
Jun 2025183066.483.13$12,166
May 2025195060.553.23$11,807
Apr 2025259062.363.54$16,151
Mar 2025184067.704.27$12,457
Feb 202594070.884.34$6,663
Jan 2025224074.324.28$16,648
Dec 2024345068.993.12$23,802
Nov 2024178069.052.20$12,291
Oct 202490071.372.28$6,423
Sep 2024168069.612.36$11,694
Aug 202478075.632.06$5,899
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 202482078.812.20$6,462
Apr 2024166084.451.66$14,019
Mar 2024162080.301.55$13,009
Feb 202490076.091.78$6,848
Jan 202488073.023.30$6,426
Dec 2023183071.262.61$13,041
Nov 202394077.892.81$7,322
Oct 202385085.443.09$7,262
Sep 202390089.042.74$8,014
Aug 2023168080.522.67$13,527
Jul 202382074.852.64$6,138
Jun 202386068.962.26$5,931
May 202384070.622.23$5,932
Apr 2023164078.122.24$12,812
Mar 2023163072.852.39$11,875
Feb 2023174075.112.47$13,069
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 2022670104.226.84$6,983
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 202182069.865.35$5,729
Aug 202182066.024.22$5,414
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 202192061.302.72$5,640
Feb 20210057.805.55$0
Jan 202182050.412.81$4,134
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 202069038.371.83$2,648
Jun 202074034.901.69$2,583
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020167030.341.86$5,067
Feb 20200049.881.98$0
Jan 2020174057.252.09$9,962
Dec 20190059.012.30$0
Nov 2019151055.302.75$8,350
Oct 201986053.472.42$4,598
Sep 201981055.052.66$4,459
Aug 201980053.112.30$4,249
Jul 2019173056.272.46$9,735
Jun 201989052.782.49$4,697
May 201982058.482.74$4,795
Apr 2019176062.632.75$11,023
Mar 201986056.803.06$4,885
Feb 201993050.852.79$4,729
Jan 2019182046.033.23$8,377
Dec 2018180046.594.19$8,386
Nov 201891052.934.24$4,817
Oct 2018181061.443.40$11,121
Sep 2018179059.543.11$10,658
Aug 2018178059.403.07$10,573
Jul 201889065.142.93$5,797
Jun 2018178060.183.08$10,712
May 2018180065.382.90$11,768
Apr 2018182063.842.90$11,619
Mar 201890061.222.79$5,510
Feb 2018173061.782.77$10,688
Jan 201891062.874.01$5,721
Dec 201784057.272.92$4,811
Nov 201789055.423.12$4,932
Oct 201785049.292.98$4,190
Sep 201791047.523.09$4,324
Aug 201789045.373.00$4,038
Jul 201789043.873.09$3,904
Jun 20170042.493.09$0
May 2017180045.373.26$8,167
Apr 2017174047.933.21$8,340
Mar 2017181046.772.98$8,465
Feb 201788050.452.95$4,440
Jan 2017174049.413.42$8,597
Dec 2016171048.763.72$8,338
Nov 2016180042.492.64$7,648
Oct 2016179046.193.09$8,268
Sep 2016269041.553.10$11,177
Aug 2016171041.442.92$7,086
Jul 201688041.622.92$3,663
Jun 2016179045.352.69$8,118
May 2016268042.521.99$11,395
Apr 2016181036.561.99$6,617
Mar 2016263033.011.79$8,682
Feb 2016177026.472.06$4,685
Jan 2016179027.352.36$4,896
Dec 2015172032.362.00$5,566
Nov 2015260038.792.17$10,085
Oct 2015181043.552.43$7,883
Sep 2015266042.992.76$11,435
Aug 2015233040.162.87$9,357
Jul 2015179048.152.95$8,619
Jun 2015180056.152.88$10,107
May 201590055.212.96$4,969
Apr 2015164049.822.71$8,170
Mar 2015162042.892.93$6,948
Feb 2015279044.662.98$12,460
Jan 2015263043.433.10$11,422
Dec 2014267054.693.59$14,602
Nov 2014347070.464.25$24,450
Oct 2014344078.303.90$26,935
Sep 2014362086.164.05$31,190
Aug 2014302089.394.04$26,996
Jul 2014269096.564.18$25,975
Jun 201489098.164.74$8,736
May 20140094.734.73$0
Apr 201489095.944.81$8,539
Mar 2014264095.895.06$25,315
Feb 20140097.406.19$0
Jan 201490090.404.86$8,136
Dec 201392091.824.35$8,447
Nov 201389088.853.74$7,908
Oct 201389097.423.78$8,670
Sep 201300104.113.72$0
Aug 2013890104.253.52$9,278
Jul 2013890102.523.72$9,124
Jun 201390094.403.93$8,496
May 20130094.834.15$0
Apr 201390093.964.28$8,456
Mar 201389093.623.91$8,332
Feb 20130091.233.42$0
Jan 201380091.603.42$7,328
Dec 20120086.773.42$0
Nov 201290086.953.62$7,826
Oct 201277089.383.40$6,882
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201284085.133.02$7,151
Jun 20120079.822.52$0
May 201289091.612.49$8,153
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009110032.814.63$3,609
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008107055.496.86$5,937
Oct 20080075.246.92$0
Sep 2008930101.767.88$9,464
Aug 200800114.228.48$0
Jul 2008940131.0811.39$12,322
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 20081080110.3110.45$11,913
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 2007104088.337.30$9,186
Nov 20070091.677.29$0
Oct 2007107082.856.92$8,865
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 2007100062.007.55$6,200
May 20070058.747.85$0
Apr 200799059.617.81$5,901
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 2007103050.306.73$5,181
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 2006101054.906.01$5,545
Sep 2006107060.085.04$6,429
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 200610316156.707.08$6,980
Feb 2006109057.597.75$6,277
Jan 2006103060.598.93$6,241
Dec 20050054.9413.42$0
Nov 2005222054.6910.59$12,141
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 2005179061.519.80$11,010
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20049631842.375.55$5,833
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 2003142030.266.30$4,297
Nov 20030028.804.60$0
Oct 2003142028.174.76$4,000
Sep 20030026.314.75$0
Aug 2003109029.765.13$3,244
Jul 20030029.415.17$0
Jun 200318328.565.98$525
May 200315510326.595.97$4,737
Apr 200308226.675.41$443
Mar 20031579931.146.10$5,492
Feb 20031002033.487.93$3,507
Jan 20031407130.315.58$4,640
Dec 200229511726.914.85$8,506
Nov 200210521224.664.14$3,466
Oct 200215724826.464.23$5,203
Sep 200229517527.443.64$8,731
Aug 200214620225.963.16$4,429
Jul 200229717924.583.06$7,848
Jun 200213718823.733.34$3,879
May 200226818224.663.58$7,261
Apr 200220416923.653.51$5,418
Mar 200212518622.003.10$3,327
Feb 200226312218.222.38$5,082
Jan 200213023517.172.38$2,790
Dec 200126919916.932.36$5,025
Nov 2001024218.072.41$582
Oct 200130218019.782.53$6,429
Sep 200119916124.262.25$5,190
Aug 200129316924.873.05$7,803
Jul 200115917523.933.20$4,364
Jun 200114217024.563.82$4,138
May 200114818625.524.31$4,578
Apr 200129913524.685.34$8,100
Mar 2001043924.545.38$2,360
Feb 200115612227.755.77$5,033
Jan 200115813527.478.40$5,474
Dec 20008711326.889.12$3,369
Nov 200027815332.215.66$9,820
Oct 200016915531.235.15$6,075
Sep 200025614931.875.19$8,932
Aug 200022114229.644.54$7,195
Jul 200014812828.534.09$4,746
Jun 200024514729.304.40$7,825
May 200033815227.263.68$9,773
Apr 2000255024.513.12$6,250
Mar 200027816828.422.86$8,381
Feb 200034718827.622.73$10,097
Jan 200030217325.272.48$8,061
Dec 199931415124.282.42$7,990
Nov 199933824323.192.43$8,430
Oct 199935724620.982.80$8,180
Sep 199931130021.752.62$7,550
Aug 199946028619.262.88$9,682
Jul 199943432217.892.37$8,528
Jun 199940437215.942.36$7,318
May 199939027415.792.32$6,794
Apr 199940325015.102.21$6,637
Mar 199942628712.471.84$5,840
Feb 19993602379.981.82$4,024
Jan 199944323010.381.90$5,035
Dec 19984382629.201.77$4,494
Nov 199829530010.892.19$3,868
Oct 199846329412.421.97$6,329
Sep 199826913612.592.08$3,670
Aug 199845735611.301.91$5,843
Jul 199840736111.742.24$5,586
Jun 199847938111.242.24$6,236
May 199845533812.622.21$6,488
Apr 199846331013.042.51$6,814
Mar 199849631712.802.31$7,081
Feb 199845323813.952.30$6,867
Jan 199853118814.702.15$8,211
Dec 19974713716.322.41$7,776
Nov 199744525318.193.09$8,876
Oct 199761739919.253.15$13,134
Sep 199754843617.742.95$11,010
Aug 199752040317.862.55$10,317
Jul 199748843717.582.25$9,561
Jun 199750843717.242.26$9,744
May 199753943918.972.31$11,238
Apr 199751838217.882.08$10,057
Mar 199749137218.951.94$10,026
Feb 199750129320.492.21$10,912
Jan 199756223123.483.54$14,013
Dec 199661926223.32$14,435
Nov 199661835221.97$13,577
Oct 199661440323.31$14,312
Sep 199661345722.22$13,621
Aug 199659647220.26$12,075
Jul 199664146619.55$12,532
Jun 199660337718.73$11,294
May 199665634719.43$12,746
Apr 199668630121.51$14,756
Mar 199665034419.38$12,597
Feb 199670547416.98$11,971
Jan 199675742417.07$12,922
Dec 199583849617.19$14,405
Nov 199594048616.00$15,040
Oct 199583456515.43$12,869
Sep 199592440416.18$14,950
Aug 199581754415.92$13,007
Jul 19951,03753215.24$15,804
Jun 199594152616.41$15,442
May 19951,05556017.56$18,526
Apr 19951,31257617.73$23,262
Mar 19951,27040116.44$20,879
Feb 19951,18250916.58$19,598
Jan 19951,69862115.92$27,032
Dec 19942,03756415.03$30,616
Nov 19941,73974715.90$27,650
Oct 19942,00087115.58$31,160
Sep 19942,1851,10515.29$33,409
Aug 19942,2131,54516.13$35,696
Jul 19942,5621,53417.56$44,989
Jun 19942,6421,53617.09$45,152
May 19942,8181,44415.88$44,750
Apr 19943,3921,57214.14$47,963
Mar 19943,2151,54812.46$40,059
Feb 19942,9971,44412.50$37,463
Jan 19944,0251,50812.66$50,957
Dec 19934,9721,93012.33$61,305
Nov 19937,0642,15214.49$102,357
Oct 19937,2952,53215.85$115,626
Sep 19935,5471,68415.03$83,371
Aug 19936,8492,44015.66$107,255
Jul 19936,8992,61515.46$106,659
Jun 19936,7682,71716.79$113,635
May 19937,0552,24817.68$124,732
Apr 19936,8752,41618.05$124,094
Mar 19936,2822,26818.14$113,955
Feb 19937,1132,65417.90$127,323
Jan 19936,9772,60916.93$118,121

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                  182 bbl  × $106.41 =    $19,367
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $19,367

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/6381 is the state's own key, not one this site invented.