WHATLEY

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 6407District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$19.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
OilDisposition843,958 bbl$18,399,901
Casinghead gasProduction362,162 Mcf$934,807
Total$19,334,708

105,480 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 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 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
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 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 202201485.005.65$79
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202205115.097.98$40
May 202216555109.378.43$18,510
Apr 20228655104.226.84$9,339
Mar 202279267108.885.08$9,957
Feb 2022014191.054.86$685
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 202101370.783.98$52
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 20200336.972.48$7
Sep 202005937.091.99$117
Aug 20200439.982.39$10
Jul 202001238.371.83$22
Jun 20200034.901.69$0
May 202081016.921.81$1,371
Apr 20200014.751.80$0
Mar 20202321330.341.86$7,063
Feb 202006349.881.98$125
Jan 2020813657.252.09$4,713
Dec 20198114959.012.30$5,123
Nov 2019016355.302.75$448
Oct 20199021753.472.42$5,337
Sep 201916428055.052.66$9,772
Aug 20198830753.112.30$5,381
Jul 20198833356.272.46$5,771
Jun 20199031652.782.49$5,537
May 201917331858.482.74$10,988
Apr 20199134362.632.75$6,643
Mar 20199221256.803.06$5,875
Feb 2019022050.852.79$614
Jan 201916617146.033.23$8,193
Dec 20188814646.594.19$4,711
Nov 20188323152.934.24$5,372
Oct 20188925561.443.40$6,335
Sep 20187325559.543.11$5,139
Aug 201817744659.403.07$11,881
Jul 201818031265.142.93$12,640
Jun 20188343560.183.08$6,333
May 201818038165.382.90$12,874
Apr 201818129263.842.90$12,402
Mar 20189027861.222.79$6,285
Feb 20189122861.782.77$6,253
Jan 201818028062.874.01$12,439
Dec 20177428857.272.92$5,079
Nov 201716354955.423.12$10,745
Oct 20178339049.292.98$5,255
Sep 20178435747.523.09$5,094
Aug 201717037745.373.00$8,846
Jul 20178227843.873.09$4,456
Jun 20179031442.493.09$4,794
May 20178547745.373.26$5,413
Apr 201726450747.933.21$14,282
Mar 201717150046.772.98$9,490
Feb 201718247450.452.95$10,581
Jan 20178455749.413.42$6,055
Dec 201617853548.763.72$10,671
Nov 201616647842.492.64$8,317
Oct 201618248246.193.09$9,896
Sep 201616246541.553.10$8,173
Aug 201613843841.442.92$7,000
Jul 201624951241.622.92$11,861
Jun 20167136045.352.69$4,187
May 201625848142.521.99$11,928
Apr 201604236.561.99$84
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20168815327.352.36$2,769
Dec 201524737932.362.00$8,751
Nov 20159236838.792.17$4,366
Oct 201527445143.552.43$13,027
Sep 201526744642.992.76$12,709
Aug 201525343240.162.87$11,401
Jul 201526240248.152.95$13,799
Jun 201525948256.152.88$15,932
May 201525640755.212.96$15,337
Apr 201516349649.822.71$9,463
Mar 201525944542.892.93$12,414
Feb 201516159644.662.98$8,964
Jan 201527161043.433.10$13,661
Dec 201436157954.693.59$21,822
Nov 201426941470.464.25$20,714
Oct 201418144078.303.90$15,889
Sep 201436248486.164.05$33,148
Aug 201417650489.394.04$17,766
Jul 201440941296.564.18$41,215
Jun 201417939398.164.74$19,432
May 201426640894.734.73$27,127
Apr 201426541195.944.81$27,401
Mar 201426438895.895.06$27,277
Feb 201426329897.406.19$27,461
Jan 201425838490.404.86$25,190
Dec 201326240091.824.35$25,799
Nov 201326537988.853.74$24,962
Oct 201334440597.423.78$35,043
Sep 2013173404104.113.72$19,513
Aug 2013333409104.253.52$36,156
Jul 2013262428102.523.72$28,451
Jun 201327044994.403.93$27,254
May 201333038994.834.15$32,908
Apr 201327038993.964.28$27,035
Mar 201325238393.623.91$25,091
Feb 201326930891.233.42$25,594
Jan 201316833491.603.42$16,531
Dec 201233537986.773.42$30,364
Nov 201230937386.953.62$28,220
Oct 201226234089.383.40$24,573
Sep 201235440394.672.92$34,689
Aug 201234541992.662.91$33,186
Jul 201230743085.133.02$27,434
Jun 201226041479.822.52$21,796
May 201235541691.612.49$33,557
Apr 2012252394101.652.00$26,403
Mar 2012329404105.052.22$35,459
Feb 2012419362101.102.57$43,291
Jan 201225338898.092.73$25,878
Dec 201132840496.873.24$33,082
Nov 201136343195.723.31$36,174
Oct 201135746484.983.65$32,031
Sep 201133446683.623.99$29,786
Aug 201133144783.404.15$29,460
Jul 201135538594.144.52$35,159
Jun 201131838692.904.64$31,333
May 201132833598.134.40$33,662
Apr 2011362429105.964.33$40,217
Mar 201132346296.364.06$32,999
Feb 20112619385.644.18$22,741
Jan 201136149086.504.59$33,475
Dec 201036949885.734.35$33,800
Nov 201027738080.843.80$23,835
Oct 201037741878.103.51$30,910
Sep 201018243372.633.98$14,942
Aug 201033944873.684.42$26,957
Jul 201043738672.554.74$33,533
Jun 201018436170.364.91$14,719
May 201043738471.124.24$32,706
Apr 201034433081.694.12$29,462
Mar 201035838078.394.39$29,731
Feb 201026828173.585.44$21,249
Jan 201035533274.365.96$28,378
Dec 200927839071.445.48$21,999
Nov 200935033874.593.75$27,375
Oct 200944037972.544.11$33,475
Sep 200924437765.543.06$17,147
Aug 200941648767.423.22$29,614
Jul 200931139961.133.46$20,394
Jun 200942042166.163.90$29,427
May 200931342154.743.93$18,786
Apr 200941740146.773.59$20,942
Mar 200932646142.144.06$15,609
Feb 200939941532.814.63$15,014
Jan 200940943735.865.37$17,014
Dec 200821537137.105.98$10,194
Nov 200840851355.496.86$26,159
Oct 200830350575.246.92$26,293
Sep 2008190304101.767.88$21,729
Aug 2008410533114.228.48$51,352
Jul 2008313504131.0811.39$46,768
Jun 2008472457131.3313.03$67,944
May 2008314493123.1711.57$44,382
Apr 2008313451110.3110.45$39,242
Mar 2008313405101.909.66$35,809
Feb 200831832492.538.77$32,266
Jan 200842130190.388.21$40,520
Dec 200721031788.337.30$20,864
Nov 200731017291.677.29$29,672
Oct 200710512282.856.92$9,544
Sep 200726316175.846.24$20,951
Aug 200717419869.066.39$13,281
Jul 200719817970.906.39$15,182
Jun 200720616162.007.55$13,987
May 200716617958.747.85$11,155
Apr 200731526459.617.81$20,838
Mar 200731429556.927.30$20,027
Feb 200721119655.108.22$13,236
Jan 200721523250.306.73$12,375
Dec 200631813056.656.92$18,914
Nov 200631813254.207.62$18,241
Oct 200621216654.906.01$12,637
Sep 200642331360.085.04$26,990
Aug 200631837768.717.34$24,617
Jul 200652229969.376.34$38,108
Jun 200631337566.286.38$23,140
May 200630626466.016.42$21,895
Apr 200641933364.397.36$29,430
Mar 200652539656.707.08$32,572
Feb 200621334857.597.75$14,964
Jan 200662149560.598.93$42,048
Dec 200551647754.9413.42$34,748
Nov 200553237754.6910.59$33,087
Oct 200540049658.3413.80$30,179
Sep 200546240861.4512.08$33,318
Aug 200569241461.519.80$46,621
Jul 200547636455.697.84$29,364
Jun 200553627452.337.38$30,071
May 200547236145.226.65$23,745
Apr 200559152549.207.36$32,941
Mar 200574045850.377.15$40,551
Feb 2005689045.226.31$31,157
Jan 200567655543.166.32$32,685
Dec 200484759239.866.75$37,758
Nov 200448643245.286.33$24,741
Oct 200470145249.706.52$37,785
Sep 200467065343.245.28$32,421
Aug 200487565042.375.55$40,682
Jul 200480564038.286.08$34,709
Jun 200459940536.106.43$24,229
May 200485068537.486.49$36,307
Apr 200480361234.475.86$31,265
Mar 200483235234.365.53$30,534
Feb 200466327832.455.51$23,046
Jan 200475135632.036.30$26,297
Dec 200364327230.266.30$21,171
Nov 200377447028.804.60$24,451
Oct 200381649128.174.76$25,324
Sep 200369067126.314.75$21,341
Aug 20031,02879429.765.13$34,666
Jul 20031,04291629.415.17$35,382
Jun 200399985528.565.98$33,647
May 20031,05593126.595.97$33,613
Apr 20031,07589726.675.41$33,521
Mar 20031,15975731.146.10$40,706
Feb 20031,13155933.487.93$42,296
Jan 20031,26951430.315.58$41,333
Dec 20021,23267326.914.85$36,420
Nov 20021,21675324.664.14$33,102
Oct 20021,34373626.464.23$38,648
Sep 20021,40282327.443.64$41,463
Aug 20021,5281,00525.963.16$42,847
Jul 20021,76092424.583.06$46,090
Jun 20021,61995123.733.34$41,594
May 20021,8261,08224.663.58$48,907
Apr 20021,7251,06623.653.51$44,540
Mar 20021,99190922.003.10$46,622
Feb 20021,99898418.222.38$38,741
Jan 20022,4231,25217.172.38$44,577
Dec 20012,5251,21816.932.36$45,628
Nov 20012,3611,23318.072.41$45,629
Oct 20012,7291,39919.782.53$57,518
Sep 20012,8212,02824.262.25$73,003
Aug 20013,0452,14124.873.05$82,266
Jul 20013,3572,22023.933.20$87,431
Jun 20013,5701,97724.563.82$95,240
May 20014,1762,52225.524.31$117,435
Apr 20013,9452,14524.685.34$108,807
Mar 20013,3441,84824.545.38$91,997
Feb 20013,4541,85227.755.77$106,529
Jan 20014,1662,07727.478.40$131,884
Dec 20003,6371,76626.889.12$113,873
Nov 20004,5722,29932.215.66$160,272
Oct 20005,0993,02531.235.15$174,807
Sep 20005,2012,99331.875.19$181,279
Aug 20005,4514,24429.644.54$180,839
Jul 20005,5763,47728.534.09$173,303
Jun 20006,3222,51529.304.40$196,294
May 20007,0504,86627.263.68$210,089
Apr 20008,0444,06524.513.12$209,825
Mar 20008,2594,42628.422.86$247,378
Feb 20007,8263,47827.622.73$225,637
Jan 20008,2983,82825.272.48$219,186
Dec 19998,3503,86524.282.42$212,106
Nov 19997,3822,79723.192.43$177,996
Oct 19998,3233,08620.982.80$183,269
Sep 19998,0913,22421.752.62$184,422
Aug 19998,3892,85819.262.88$169,791
Jul 19998,3272,96017.892.37$155,992
Jun 19998,0482,75915.942.36$134,802
May 19998,3432,98915.792.32$138,674
Apr 19998,1012,78715.102.21$128,479
Mar 19998,3612,97612.471.84$109,733
Feb 19997,4842,6639.981.82$79,531
Jan 19998,3492,56410.381.90$91,534
Dec 19988,1142,6699.201.77$79,382
Nov 19987,7772,44410.892.19$90,033
Oct 19988,0482,51212.421.97$104,903
Sep 19987,6892,20712.592.08$101,401
Aug 19988,2772,57211.301.91$98,436
Jul 19988,2662,86611.742.24$103,455
Jun 19988,1922,50111.242.24$97,673
May 19988,2562,74912.622.21$110,256
Apr 19988,1562,30313.042.51$112,124
Mar 19988,5022,93412.802.31$115,602
Feb 19987,4882,34113.952.30$109,840
Jan 19988,4842,90114.702.15$130,966
Dec 19978,2292,96416.322.41$141,444
Nov 19978,0502,83618.193.09$155,188
Oct 19977,6412,54819.253.15$155,115
Sep 19977,9472,92417.742.95$149,620
Aug 19978,4462,85517.862.55$158,139
Jul 19978,4232,50117.582.25$153,696
Jun 19978,6852,87417.242.26$156,217
May 19978,7223,59118.972.31$173,746
Apr 19978,3892,55417.882.08$155,315
Mar 19978,6663,00618.951.94$170,050
Feb 19977,8252,87120.492.21$166,667
Jan 19978,6912,92423.483.54$214,415
Dec 19968,7192,73323.32$203,327
Nov 19968,3442,95621.97$183,318
Oct 19968,6922,97023.31$202,611
Sep 19968,3452,63422.22$185,426
Aug 19968,6752,48520.26$175,756
Jul 19968,6582,41619.55$169,264
Jun 19968,3782,13218.73$156,920
May 19968,7512,68619.43$170,032
Apr 19968,3672,51821.51$179,974
Mar 19968,7102,70219.38$168,800
Feb 19968,1122,61716.98$137,742
Jan 19968,6492,83117.07$147,638
Dec 19958,9492,85817.19$153,833
Nov 19958,4402,58416.00$135,040
Oct 19958,6632,91215.43$133,670
Sep 19958,4402,82216.18$136,559
Aug 19958,8082,76815.92$140,223
Jul 19958,4382,67015.24$128,595
Jun 19957,1922,52416.41$118,021
May 19957,4711,88317.56$131,191
Apr 19957,1682,61117.73$127,089
Mar 19957,2081,77316.44$118,500
Feb 19956,9491,58816.58$115,214
Jan 19957,3451,48415.92$116,932
Dec 19947,1711,50315.03$107,780
Nov 19946,7681,63615.90$107,611
Oct 19946,5921,61415.58$102,703
Sep 19946,3111,63315.29$96,495
Aug 19946,6231,80716.13$106,829
Jul 19946,4452,09417.56$113,174
Jun 19946,5481,90717.09$111,905
May 19946,5952,12715.88$104,729
Apr 19946,3972,23614.14$90,454
Mar 19946,5412,00112.46$81,501
Feb 19945,9791,86612.50$74,738
Jan 19946,3951,78812.66$80,961
Dec 19936,6002,12712.33$81,378
Nov 19936,3972,08114.49$92,693
Oct 19936,4012,36715.85$101,456
Sep 19936,3792,17415.03$95,876
Aug 19936,3812,37515.66$99,926
Jul 19936,1832,29615.46$95,589
Jun 19935,6511,93016.79$94,880
May 19935,6871,95217.68$100,546
Apr 19934,6471,58018.05$83,878
Mar 19934,9451,66818.14$89,702
Feb 19934,4071,43917.90$78,885
Jan 19934,8801,12216.93$82,618

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.

Nov 2022 — as filed, then multipliedworked
Oil                    0 bbl  × $ 85.00 =         $0
Casinghead gas        14 Mcf  × $  5.65 =        $79

────────────────────────────────────────────────────
Month total                                      $79

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/6407 is the state's own key, not one this site invented.