SMITH -E-

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 6398District 6EField 27302001OilCasinghead gasSave
Value, all time
$40.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$129 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition1,743,319 bbl$39,074,607
Casinghead gasProduction710,164 Mcf$1,809,465
Total$40,884,072

215,034 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 20261550106.413.05$16,494
Apr 20260098.932.87$0
Mar 20261551789.753.15$13,965
Feb 20261559163.503.75$10,184
Jan 2026031159.138.00$2,487
Dec 202515329056.664.41$9,949
Nov 202515430258.593.93$10,209
Oct 202515537859.383.30$10,453
Sep 202533940762.743.08$22,521
Aug 202515443563.933.01$11,157
Jul 202530025466.743.32$20,864
Jun 2025035366.483.13$1,104
May 202530843060.553.23$20,039
Apr 20259136862.363.54$6,979
Mar 202515044767.704.27$12,063
Feb 202530239670.884.34$23,125
Jan 2025035074.324.28$1,498
Dec 202430740168.993.12$22,432
Nov 202415032969.052.20$11,081
Oct 202412942871.372.28$10,183
Sep 202430744569.612.36$22,422
Aug 202415244375.632.06$12,410
Jul 202414441279.932.15$12,394
Jun 202415244978.082.63$13,051
May 202414853578.812.20$12,840
Apr 202430950584.451.66$26,933
Mar 202415453980.301.55$13,199
Feb 202429651876.091.78$23,447
Jan 202414754873.023.30$12,541
Dec 202330552971.262.61$23,115
Nov 202315557577.892.81$13,687
Oct 202328957285.443.09$26,458
Sep 202314650089.042.74$14,367
Aug 202328556480.522.67$24,456
Jul 202329357174.852.64$23,440
Jun 202330531368.962.26$21,740
May 202330740970.622.23$22,591
Apr 202331228578.122.24$25,011
Mar 202333620672.852.39$24,971
Feb 2023143075.112.47$10,741
Jan 202314524276.533.39$11,917
Dec 202215025976.415.73$12,945
Nov 202214823985.005.65$13,929
Oct 2022013787.185.86$803
Sep 202212314184.888.16$11,591
Aug 2022015894.529.13$1,442
Jul 2022122111101.587.54$13,230
Jun 20220291115.097.98$2,321
May 20220281109.378.43$2,370
Apr 2022114281104.226.84$13,802
Mar 2022149105108.885.08$16,756
Feb 20220091.054.86$0
Jan 202214811481.844.54$12,630
Dec 20211415871.323.90$10,282
Nov 202114812077.435.24$12,088
Oct 2021017479.795.71$994
Sep 20210069.865.35$0
Aug 2021012266.024.22$515
Jul 2021012070.783.98$478
Jun 20211471669.493.38$10,269
May 2021148063.483.02$9,395
Apr 202101660.362.76$44
Mar 202115029161.302.72$9,986
Feb 202115310657.805.55$9,431
Jan 2021020550.412.81$576
Dec 2020130044.642.68$5,803
Nov 202002238.772.71$60
Oct 202002236.972.48$55
Sep 20200737.091.99$14
Aug 2020152039.982.39$6,077
Jul 202015314938.371.83$6,143
Jun 202001534.901.69$25
May 20201512916.921.81$2,608
Apr 202006114.751.80$110
Mar 202031053230.341.86$10,393
Feb 202015741949.881.98$8,661
Jan 202030343757.252.09$18,262
Dec 201911545459.012.30$7,832
Nov 201930748655.302.75$18,314
Oct 201915350853.472.42$9,410
Sep 201930468755.052.66$18,561
Aug 201930774653.112.30$18,024
Jul 201945068656.272.46$27,009
Jun 201930167552.782.49$17,568
May 201930459158.482.74$19,397
Apr 201946561262.632.75$30,806
Mar 201946264656.803.06$28,220
Feb 201955850850.852.79$29,793
Jan 201915514546.033.23$7,603
Dec 201815524846.594.19$8,259
Nov 201815232252.934.24$9,410
Oct 201815635461.443.40$10,788
Sep 201815235459.543.11$10,150
Aug 201815333459.403.07$10,112
Jul 201815515265.142.93$10,542
Jun 20181524460.183.08$9,283
May 2018026365.382.90$763
Apr 201814917663.842.90$10,023
Mar 201813613661.222.79$8,705
Feb 201830739061.782.77$20,045
Jan 201831058162.874.01$21,819
Dec 201731280157.272.92$20,208
Nov 201746286255.423.12$28,292
Oct 201745380449.292.98$24,727
Sep 201761783747.523.09$31,904
Aug 201745778245.373.00$23,084
Jul 20176121,09943.873.09$30,241
Jun 201761566542.493.09$28,184
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201615725827.352.36$4,904
Dec 201546795832.362.00$17,029
Nov 201529783338.792.17$13,326
Oct 201546094043.552.43$22,314
Sep 201545894242.992.76$22,288
Aug 201530597240.162.87$15,041
Jul 201545986848.152.95$24,657
Jun 201545787056.152.88$28,169
May 201546087855.212.96$27,991
Apr 201545993149.822.71$25,387
Mar 201545791242.892.93$22,277
Feb 201546283544.662.98$23,118
Jan 201546293743.433.10$22,970
Dec 201446197054.693.59$28,696
Nov 201445573770.464.25$35,193
Oct 20145831,05578.303.90$49,764
Sep 20144611,02286.164.05$43,854
Aug 20144581,16089.394.04$45,621
Jul 201445995396.564.18$48,304
Jun 201445999898.164.74$49,783
May 20144581,02194.734.73$48,212
Apr 201431090295.944.81$34,079
Mar 201438980795.895.06$41,382
Feb 201445881697.406.19$49,662
Jan 201446688990.404.86$46,448
Dec 201360492591.824.35$59,487
Nov 201328489288.853.74$28,568
Oct 20134411,02597.423.78$46,836
Sep 2013478943104.113.72$53,270
Aug 20134551,035104.253.52$51,080
Jul 20134561,036102.523.72$50,601
Jun 20134571,02694.403.93$47,176
May 201361593894.834.15$62,212
Apr 201346093693.964.28$47,230
Mar 201361991293.623.91$61,519
Feb 201348279291.233.42$46,681
Jan 201361485491.603.42$59,163
Dec 201261992586.773.42$56,874
Nov 201262296686.953.62$57,585
Oct 201260398789.383.40$57,252
Sep 201261293494.672.92$60,664
Aug 20126121,04792.662.91$59,753
Jul 20126041,07585.133.02$54,666
Jun 201258599479.822.52$49,199
May 20127641,00091.612.49$72,478
Apr 2012456976101.652.00$48,301
Mar 2012769920105.052.22$82,828
Feb 2012471842101.102.57$49,782
Jan 201277188998.092.73$78,058
Dec 201161688296.873.24$62,529
Nov 201175290095.723.31$74,962
Oct 201175284284.983.65$66,977
Sep 201158288783.623.99$52,202
Aug 201158696383.404.15$52,868
Jul 20117391,01894.144.52$74,168
Jun 20115841,02792.904.64$59,019
May 201172899998.134.40$75,839
Apr 20117411,110105.964.33$83,326
Mar 20117431,22596.364.06$76,566
Feb 20116061,08585.644.18$56,433
Jan 20117631,21186.504.59$71,557
Dec 20107591,17885.734.35$70,191
Nov 201075596580.843.80$64,697
Oct 20107421,10778.103.51$61,835
Sep 20107611,03072.633.98$59,370
Aug 20106111,06873.684.42$49,738
Jul 20108921,10672.554.74$69,953
Jun 20107331,05470.364.91$56,749
May 20107661,07471.124.24$59,027
Apr 201076391681.694.12$66,106
Mar 201090190278.394.39$74,588
Feb 201062371973.585.44$49,753
Jan 201076285474.365.96$61,756
Dec 200977285471.445.48$59,835
Nov 200976292974.593.75$60,323
Oct 200977792872.544.11$60,178
Sep 200989196665.543.06$61,357
Aug 20091,0251,03567.423.22$72,437
Jul 20098811,09161.133.46$57,635
Jun 20098761,13866.163.90$62,389
May 20099031,05854.743.93$53,584
Apr 20091,05285746.773.59$52,277
Mar 200984884042.144.06$39,144
Feb 200988467832.814.63$32,145
Jan 200989778735.865.37$36,393
Dec 200890880137.105.98$38,474
Nov 20081,06276855.496.86$64,199
Oct 200890078675.246.92$73,157
Sep 2008751635101.767.88$81,424
Aug 20081,003845114.228.48$121,731
Jul 20081,202749131.0811.39$166,089
Jun 2008884760131.3313.03$126,001
May 2008939726123.1711.57$124,060
Apr 2008921628110.3110.45$108,161
Mar 20081,072698101.909.66$115,982
Feb 200891566392.538.77$90,480
Jan 200891873390.388.21$88,984
Dec 20071,29773688.337.30$119,938
Nov 200791960191.677.29$88,627
Oct 200776136582.856.92$65,575
Sep 200758347575.846.24$47,181
Aug 200775551969.066.39$55,456
Jul 200759650170.906.39$45,457
Jun 200788256862.007.55$58,972
May 200745942458.747.85$30,288
Apr 200790355559.617.81$58,160
Mar 200791446156.927.30$55,391
Feb 200777435655.108.22$45,572
Jan 200761639350.306.73$33,628
Dec 200661447556.656.92$38,069
Nov 200674756354.207.62$44,776
Oct 200675749654.906.01$44,542
Sep 200643550960.085.04$28,699
Aug 200691765068.717.34$67,778
Jul 200675858769.376.34$56,306
Jun 200675756166.286.38$53,755
May 200689165366.016.42$63,010
Apr 200674160664.397.36$52,173
Mar 20061,05373456.707.08$64,904
Feb 20061,01879657.597.75$64,797
Jan 20061,06690460.598.93$72,665
Dec 20051,35393154.9413.42$86,824
Nov 200591966054.6910.59$57,248
Oct 20051,21777658.3413.80$81,705
Sep 20051,03279961.4512.08$73,068
Aug 20051,2631,04961.519.80$87,964
Jul 20051,1761,15355.697.84$74,535
Jun 20051,3491,14352.337.38$79,030
May 20051,1921,14045.226.65$61,485
Apr 20051,27882349.207.36$68,935
Mar 20051,33684850.377.15$73,362
Feb 20051,15591045.226.31$57,973
Jan 20051,4331,14643.166.32$69,094
Dec 20041,6111,08139.866.75$71,512
Nov 20041,5231,08145.286.33$75,805
Oct 20041,3831,15049.706.52$76,227
Sep 20041,5601,20843.245.28$73,837
Aug 20041,6591,24542.375.55$77,202
Jul 20041,7171,31938.286.08$73,752
Jun 20041,4371,05336.106.43$58,650
May 20041,7601,35937.486.49$74,791
Apr 20041,6071,19734.475.86$62,406
Mar 20041,8721,18834.365.53$70,892
Feb 20041,60287432.455.51$56,800
Jan 20041,48084132.036.30$52,702
Dec 20031,9881,17430.266.30$67,555
Nov 20031,8241,25028.804.60$58,275
Oct 20032,0971,26328.174.76$65,084
Sep 20031,42191526.314.75$41,732
Aug 20031,7101,07029.765.13$56,378
Jul 20031,9271,29729.415.17$63,380
Jun 20031,9681,22428.565.98$63,529
May 20032,1531,53926.595.97$66,440
Apr 20032,2631,32026.675.41$67,492
Mar 20032,4481,61431.146.10$86,070
Feb 20032,2861,15533.487.93$85,690
Jan 20032,3471,20230.315.58$77,847
Dec 20022,4941,18726.914.85$72,875
Nov 20022,5751,33324.664.14$69,014
Oct 20022,7871,53126.464.23$80,219
Sep 20022,8081,60627.443.64$82,890
Aug 20022,9341,61025.963.16$81,261
Jul 20023,0731,73524.583.06$80,846
Jun 20022,9541,76823.733.34$76,000
May 20023,3121,91824.663.58$88,548
Apr 20023,2761,74623.653.51$83,610
Mar 20023,6151,95822.003.10$85,605
Feb 20023,5431,82918.222.38$68,899
Jan 20024,0192,08817.172.38$73,967
Dec 20014,2642,26616.932.36$77,547
Nov 20014,0722,39118.072.41$79,333
Oct 20014,9062,20219.782.53$102,609
Sep 20015,0912,14024.262.25$128,325
Aug 20015,2722,38724.873.05$138,403
Jul 20015,9902,65623.933.20$151,832
Jun 20016,3022,57724.563.82$164,632
May 20016,8462,91325.524.31$187,257
Apr 20016,2232,84624.685.34$168,768
Mar 20017,0893,00224.545.38$190,104
Feb 20016,5812,92227.755.77$199,474
Jan 20019,2973,75827.478.40$286,951
Dec 20007,6653,22126.889.12$235,419
Nov 200010,4254,36432.215.66$360,481
Oct 200011,9555,10931.235.15$399,643
Sep 200013,0715,46931.875.19$444,938
Aug 200016,2576,30729.644.54$510,496
Jul 200017,2466,61728.534.09$519,090
Jun 200017,2125,29529.304.40$527,595
May 200016,2665,82727.263.68$464,853
Apr 200017,0895,86024.513.12$437,111
Mar 200017,6456,13228.422.86$519,007
Feb 200015,4285,57527.622.73$441,322
Jan 200016,6425,66325.272.48$434,590
Dec 199916,7125,32224.282.42$418,666
Nov 199914,8904,78823.192.43$356,953
Oct 199916,6635,44020.982.80$364,842
Sep 199916,1195,47521.752.62$364,926
Aug 199916,6755,85819.262.88$338,006
Jul 199916,7445,54317.892.37$312,700
Jun 199915,9105,77615.942.36$267,249
May 199916,7955,52015.792.32$278,005
Apr 199916,1085,18915.102.21$254,688
Mar 199916,2415,52012.471.84$212,673
Feb 199915,7025,5239.981.82$166,746
Jan 199916,8425,77910.381.90$185,800
Dec 199816,8126,0219.201.77$165,348
Nov 199816,2475,40210.892.19$188,737
Oct 199816,8615,36712.421.97$219,982
Sep 199816,0625,37612.592.08$213,417
Aug 199816,9345,83211.301.91$202,478
Jul 199816,9065,81411.742.24$211,484
Jun 199816,1895,61311.242.24$194,522
May 199817,0025,53712.622.21$226,782
Apr 199816,0255,10113.042.51$221,746
Mar 199816,9955,42012.802.31$230,053
Feb 199815,2194,66313.952.30$223,026
Jan 199816,7795,38914.702.15$258,263
Dec 199716,8515,05516.322.41$287,196
Nov 199716,2905,36918.193.09$312,896
Oct 199716,7445,37819.253.15$339,262
Sep 199716,2485,44217.742.95$304,320
Aug 199716,8605,54817.862.55$315,293
Jul 199716,8145,51117.582.25$307,973
Jun 199716,2466,06917.242.26$293,780
May 199716,9955,55718.972.31$335,223
Apr 199716,2355,84117.882.08$302,447
Mar 199717,0065,89718.951.94$333,699
Feb 199715,0835,39720.492.21$320,956
Jan 199716,9055,96423.483.54$418,040
Dec 199616,8736,99823.32$393,478
Nov 199616,3855,65221.97$359,978
Oct 199616,7665,64823.31$390,815
Sep 199616,2325,89422.22$360,675
Aug 199616,8235,63620.26$340,834
Jul 199616,8716,13919.55$329,828
Jun 199616,2545,49918.73$304,437
May 199616,8905,08819.43$328,173
Apr 199616,1464,57621.51$347,300
Mar 199616,8024,65419.38$325,623
Feb 199615,5614,01016.98$264,226
Jan 199616,8184,35117.07$287,083
Dec 199516,5025,28517.19$283,669
Nov 199515,9454,70616.00$255,120
Oct 199516,5334,36015.43$255,104
Sep 199516,2414,90516.18$262,779
Aug 199516,7715,55415.92$266,994
Jul 199516,3684,68615.24$249,448
Jun 199515,6404,82516.41$256,652
May 199516,4125,21717.56$288,195
Apr 199515,2044,61417.73$269,567
Mar 199516,2605,00616.44$267,314
Feb 199513,8494,23416.58$229,616
Jan 199515,8674,43415.92$252,603
Dec 199415,8164,37015.03$237,714
Nov 199414,8794,16315.90$236,576
Oct 199416,0674,60915.58$250,324
Sep 199415,2034,80515.29$232,454
Aug 199414,9864,95716.13$241,724
Jul 199415,2635,34617.56$268,018
Jun 199414,2144,92117.09$242,917
May 199414,5584,81615.88$231,181
Apr 199414,1024,80214.14$199,402
Mar 199415,0715,28412.46$187,785
Feb 199411,5713,94612.50$144,638
Jan 199412,7804,44912.66$161,795
Dec 199312,8753,80912.33$158,749
Nov 199312,4243,15014.49$180,024
Oct 199312,5973,34515.85$199,662
Sep 199312,0583,30415.03$181,232
Aug 199312,3063,29615.66$192,712
Jul 199312,4393,31215.46$192,307
Jun 199311,8933,15916.79$199,683
May 199312,4313,56817.68$219,780
Apr 199310,0182,47518.05$180,825
Mar 199310,4972,36118.14$190,416
Feb 19939,2792,30317.90$166,094
Jan 199310,3842,51316.93$175,801

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                  155 bbl  × $106.41 =    $16,494
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $16,494

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/6398 is the state's own key, not one this site invented.