FREDERICK, W. H.(MUSTANG1)

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 6463District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$4.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$81 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
OilDisposition114,099 bbl$4,239,291
Casinghead gasProduction20 Mcf$0
Total$4,239,291

20 Mcf of this lease's gas, across 20 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 2026177098.932.87$17,511
Mar 20260089.753.15$0
Feb 2026165063.503.75$10,478
Jan 20260059.138.00$0
Dec 2025180056.664.41$10,199
Nov 2025170058.593.93$9,960
Oct 20250059.383.30$0
Sep 2025176062.743.08$11,042
Aug 20250063.933.01$0
Jul 2025150066.743.32$10,011
Jun 2025171066.483.13$11,368
May 20250060.553.23$0
Apr 2025165062.363.54$10,289
Mar 2025162067.704.27$10,967
Feb 2025167070.884.34$11,837
Jan 20250074.324.28$0
Dec 2024169068.993.12$11,659
Nov 2024164069.052.20$11,324
Oct 202474071.372.28$5,281
Sep 2024176069.612.36$12,251
Aug 2024160075.632.06$12,101
Jul 2024177079.932.15$14,148
Jun 20240078.082.63$0
May 2024178078.812.20$14,028
Apr 20240084.451.66$0
Mar 2024146080.301.55$11,724
Feb 2024153076.091.78$11,642
Jan 2024179073.023.30$13,071
Dec 2023168071.262.61$11,972
Nov 20230077.892.81$0
Oct 2023162085.443.09$13,841
Sep 2023161089.042.74$14,335
Aug 2023161080.522.67$12,964
Jul 2023172074.852.64$12,874
Jun 20230068.962.26$0
May 2023138070.622.23$9,746
Apr 2023177078.122.24$13,827
Mar 2023168072.852.39$12,239
Feb 2023181075.112.47$13,595
Jan 2023159076.533.39$12,168
Dec 2022170076.415.73$12,990
Nov 2022171085.005.65$14,535
Oct 2022176087.185.86$15,344
Sep 20220084.888.16$0
Aug 2022160094.529.13$15,123
Jul 20221760101.587.54$17,878
Jun 20221660115.097.98$19,105
May 202200109.378.43$0
Apr 20221620104.226.84$16,884
Mar 20221590108.885.08$17,312
Feb 2022176091.054.86$16,025
Jan 2022180081.844.54$14,731
Dec 20210071.323.90$0
Nov 2021165077.435.24$12,776
Oct 2021170079.795.71$13,564
Sep 2021151069.865.35$10,549
Aug 2021153066.024.22$10,101
Jul 20210070.783.98$0
Jun 2021182069.493.38$12,647
May 2021181063.483.02$11,490
Apr 20210060.362.76$0
Mar 2021149061.302.72$9,134
Feb 2021181057.805.55$10,462
Jan 20210050.412.81$0
Dec 2020156044.642.68$6,964
Nov 2020172038.772.71$6,668
Oct 2020149036.972.48$5,509
Sep 2020151037.091.99$5,601
Aug 20200039.982.39$0
Jul 2020147038.371.83$5,640
Jun 2020149034.901.69$5,200
May 2020154016.921.81$2,606
Apr 2020142014.751.80$2,095
Mar 20200030.341.86$0
Feb 2020151049.881.98$7,532
Jan 2020130057.252.09$7,443
Dec 2019142059.012.30$8,379
Nov 2019148055.302.75$8,184
Oct 20190053.472.42$0
Sep 2019150055.052.66$8,258
Aug 2019158053.112.30$8,391
Jul 2019161056.272.46$9,059
Jun 20190052.782.49$0
May 2019137058.482.74$8,012
Apr 2019173062.632.75$10,835
Mar 2019169056.803.06$9,599
Feb 2019169050.852.79$8,594
Jan 2019169046.033.23$7,779
Dec 2018153046.594.19$7,128
Nov 2018164052.934.24$8,681
Oct 2018162061.443.40$9,953
Sep 20180059.543.11$0
Aug 2018160059.403.07$9,504
Jul 2018169065.142.93$11,009
Jun 2018163060.183.08$9,809
May 20180065.382.90$0
Apr 2018165063.842.90$10,534
Mar 2018161061.222.79$9,856
Feb 2018165061.782.77$10,194
Jan 2018153062.874.01$9,619
Dec 20170057.272.92$0
Nov 2017162055.423.12$8,978
Oct 2017159049.292.98$7,837
Sep 2017161047.523.09$7,651
Aug 2017159045.373.00$7,214
Jul 2017168043.873.09$7,370
Jun 20170042.493.09$0
May 2017174045.373.26$7,894
Apr 2017178047.933.21$8,532
Mar 2017178046.772.98$8,325
Feb 2017165050.452.95$8,324
Jan 2017164049.413.42$8,103
Dec 2016164048.763.72$7,997
Nov 20160042.492.64$0
Oct 2016163046.193.09$7,529
Sep 2016172041.553.10$7,147
Aug 2016166041.442.92$6,879
Jul 2016148041.622.92$6,160
Jun 2016165045.352.69$7,483
May 2016162042.521.99$6,888
Apr 2016165036.561.99$6,032
Mar 2016156033.011.79$5,150
Feb 2016177026.472.06$4,685
Jan 2016307027.352.36$8,396
Dec 2015166032.362.00$5,372
Nov 2015176038.792.17$6,827
Oct 2015158043.552.43$6,881
Sep 2015151042.992.76$6,491
Aug 2015145040.162.87$5,823
Jul 2015147048.152.95$7,078
Jun 2015148056.152.88$8,310
May 2015149055.212.96$8,226
Apr 2015152049.822.71$7,573
Mar 2015268042.892.93$11,495
Feb 2015128044.662.98$5,716
Jan 2015147043.433.10$6,384
Dec 2014232054.693.59$12,688
Nov 2014153070.464.25$10,780
Oct 2014133078.303.90$10,414
Sep 2014224086.164.05$19,300
Aug 2014118089.394.04$10,548
Jul 2014234096.564.18$22,595
Jun 2014123098.164.74$12,074
May 2014247094.734.73$23,398
Apr 2014131095.944.81$12,568
Mar 2014224095.895.06$21,479
Feb 2014143097.406.19$13,928
Jan 2014121090.404.86$10,938
Dec 2013256091.824.35$23,506
Nov 2013128088.853.74$11,373
Oct 2013243097.423.78$23,673
Sep 20131400104.113.72$14,575
Aug 20131300104.253.52$13,553
Jul 20132630102.523.72$26,963
Jun 2013147094.403.93$13,877
May 20130094.834.15$0
Apr 2013129093.964.28$12,121
Mar 20130093.623.91$0
Feb 2013123091.233.42$11,221
Jan 2013144091.603.42$13,190
Dec 2012131086.773.42$11,367
Nov 2012270086.953.62$23,477
Oct 2012130089.383.40$11,619
Sep 2012133094.672.92$12,591
Aug 20120092.662.91$0
Jul 2012243085.133.02$20,687
Jun 2012138079.822.52$11,015
May 2012147091.612.49$13,467
Apr 20122240101.652.00$22,770
Mar 20121160105.052.22$12,186
Feb 20121200101.102.57$12,132
Jan 20120098.092.73$0
Dec 2011224096.873.24$21,699
Nov 2011111095.723.31$10,625
Oct 2011128084.983.65$10,877
Sep 2011128083.623.99$10,703
Aug 2011152083.404.15$12,677
Jul 2011145094.144.52$13,650
Jun 2011132092.904.64$12,263
May 2011124098.134.40$12,168
Apr 20111210105.964.33$12,821
Mar 2011129096.364.06$12,430
Feb 2011127085.644.18$10,876
Jan 2011122086.504.59$10,553
Dec 2010117085.734.35$10,030
Nov 2010113080.843.80$9,135
Oct 2010118078.103.51$9,216
Sep 2010114072.633.98$8,280
Aug 2010128073.684.42$9,431
Jul 2010128072.554.74$9,286
Jun 2010116070.364.91$8,162
May 2010129071.124.24$9,174
Apr 2010197081.694.12$16,093
Mar 2010118078.394.39$9,250
Feb 2010104073.585.44$7,652
Jan 2010138074.365.96$10,262
Dec 2009147071.445.48$10,502
Nov 2009100074.593.75$7,459
Oct 2009183072.544.11$13,275
Sep 2009124065.543.06$8,127
Aug 2009126067.423.22$8,495
Jul 2009115061.133.46$7,030
Jun 2009203066.163.90$13,430
May 2009139054.743.93$7,609
Apr 2009287046.773.59$13,423
Mar 2009155042.144.06$6,532
Feb 2009159032.814.63$5,217
Jan 2009295035.865.37$10,579
Dec 2008260037.105.98$9,646
Nov 2008140055.496.86$7,769
Oct 2008262075.246.92$19,713
Sep 20082200101.767.88$22,387
Aug 20081270114.228.48$14,506
Jul 20082370131.0811.39$31,066
Jun 20081430131.3313.03$18,780
May 20081250123.1711.57$15,396
Apr 20081410110.3110.45$15,554
Mar 20081440101.909.66$14,674
Feb 2008145092.538.77$13,417
Jan 2008259090.388.21$23,408
Dec 2007133088.337.30$11,748
Nov 2007128091.677.29$11,734
Oct 2007260082.856.92$21,541
Sep 2007160075.846.24$12,134
Aug 2007192069.066.39$13,260
Jul 2007188070.906.39$13,329
Jun 2007317062.007.55$19,654
May 2007177058.747.85$10,397
Apr 2007187059.617.81$11,147
Mar 2007349056.927.30$19,865
Feb 2007192055.108.22$10,579
Jan 2007345050.306.73$17,354
Dec 2006194056.656.92$10,990
Nov 2006373054.207.62$20,217
Oct 2006283054.906.01$15,537
Sep 2006500060.085.04$30,040
Aug 2006191068.717.34$13,124
Jul 2006375069.376.34$26,014
Jun 2006359066.286.38$23,795
May 2006310066.016.42$20,463
Apr 2006460064.397.36$29,619
Mar 2006189056.707.08$10,716
Feb 2006567057.597.75$32,654
Jan 2006162060.598.93$9,816
Dec 2005378054.9413.42$20,767
Nov 2005161054.6910.59$8,805
Oct 2005184058.3413.80$10,735
Sep 2005189061.4512.08$11,614
Aug 2005203061.519.80$12,487
Jul 2005163055.697.84$9,077
Jun 2005330052.337.38$17,269
May 2005188045.226.65$8,501
Apr 2005366049.207.36$18,007
Mar 2005184050.377.15$9,268
Feb 2005384045.226.31$17,364
Jan 2005192043.166.32$8,287
Dec 2004379039.866.75$15,107
Nov 2004193045.286.33$8,739
Oct 2004354049.706.52$17,594
Sep 2004340043.245.28$14,702
Aug 2004183042.375.55$7,754
Jul 2004188038.286.08$7,197
Jun 2004158036.106.43$5,704
May 2004363037.486.49$13,605
Apr 2004274034.475.86$9,445
Mar 2004319034.365.53$10,961
Feb 2004190032.455.51$6,166
Jan 2004236032.036.30$7,559
Dec 2003286030.266.30$8,654
Nov 2003302028.804.60$8,698
Oct 2003491028.174.76$13,831
Sep 2003167026.314.75$4,394
Aug 2003347029.765.13$10,327
Jul 2003373029.415.17$10,970
Jun 2003322028.565.98$9,196
May 2003302026.595.97$8,030
Apr 2003347026.675.41$9,254
Mar 2003470031.146.10$14,636
Feb 2003367033.487.93$12,287
Jan 2003344030.315.58$10,427
Dec 2002538026.914.85$14,478
Nov 2002370024.664.14$9,124
Oct 2002556026.464.23$14,712
Sep 2002352027.443.64$9,659
Aug 2002360025.963.16$9,346
Jul 2002357024.583.06$8,775
Jun 2002529023.733.34$12,553
May 2002370024.663.58$9,124
Apr 2002485023.653.51$11,470
Mar 2002368022.003.10$8,096
Feb 2002533018.222.38$9,711
Jan 2002508017.172.38$8,722
Dec 2001519016.932.36$8,787
Nov 2001748018.072.41$13,516
Oct 2001899019.782.53$17,782
Sep 2001554024.262.25$13,440
Aug 2001640024.873.05$15,917
Jul 2001544023.933.20$13,018
Jun 2001679024.563.82$16,676
May 2001368025.524.31$9,391
Apr 2001340024.685.34$8,391
Mar 2001514024.545.38$12,614
Feb 2001170027.755.77$4,718
Jan 2001699027.478.40$19,202
Dec 2000382026.889.12$10,268
Nov 2000542032.215.66$17,458
Oct 2000377031.235.15$11,774
Sep 2000523031.875.19$16,668
Aug 2000522029.644.54$15,472
Jul 2000541028.534.09$15,435
Jun 2000364029.304.40$10,665
May 2000535027.263.68$14,584
Apr 2000553024.513.12$13,554
Mar 2000750028.422.86$21,315
Feb 2000552027.622.73$15,246
Jan 2000701025.272.48$17,714
Dec 1999744024.282.42$18,064
Nov 1999699023.192.43$16,210
Oct 1999727020.982.80$15,252
Sep 1999362021.752.62$7,874
Aug 1999737019.262.88$14,195
Jul 1999759017.892.37$13,579
Jun 1999546015.942.36$8,703
May 1999693015.792.32$10,942
Apr 1999744015.102.21$11,234
Mar 1999547012.471.84$6,821
Feb 199982009.981.82$8,184
Jan 1999723010.381.90$7,505
Dec 199891309.201.77$8,400
Nov 1998708010.892.19$7,710
Oct 1998376012.421.97$4,670
Sep 1998734012.592.08$9,241
Aug 1998548011.301.91$6,192
Jul 1998547011.742.24$6,422
Jun 1998865011.242.24$9,723
May 1998555012.622.21$7,004
Apr 1998887013.042.51$11,566
Mar 1998548012.802.31$7,014
Feb 1998707013.952.30$9,863
Jan 1998714014.702.15$10,496
Dec 1997733016.322.41$11,963
Nov 1997531018.193.09$9,659
Oct 1997714019.253.15$13,745
Sep 1997717017.742.95$12,720
Aug 1997716017.862.55$12,788
Jul 1997758017.582.25$13,326
Jun 1997548017.242.26$9,448
May 1997714018.972.31$13,545
Apr 1997724017.882.08$12,945
Mar 1997934018.951.94$17,699
Feb 1997566020.492.21$11,597
Jan 1997909023.483.54$21,343
Dec 1996560023.32$13,059
Nov 1996374021.97$8,217
Oct 1996538023.31$12,541
Sep 1996531022.22$11,799
Aug 1996912020.26$18,477
Jul 1996544019.55$10,635
Jun 1996534018.73$10,002
May 1996728019.43$14,145
Apr 1996534021.51$11,486
Mar 1996742019.38$14,380
Feb 1996563016.98$9,560
Jan 1996571017.07$9,747
Dec 1995736017.19$12,652
Nov 1995369016.00$5,904
Oct 1995546015.43$8,425
Sep 1995535016.18$8,656
Aug 1995538015.92$8,565
Jul 1995557015.24$8,489
Jun 1995565016.41$9,272
May 1995400017.56$7,024
Apr 1995560017.73$9,929
Mar 1995574016.44$9,437
Feb 1995373016.58$6,184
Jan 1995359015.92$5,715
Dec 1994384015.03$5,772
Nov 1994563015.90$8,952
Oct 1994375015.58$5,843
Sep 1994553015.29$8,455
Aug 1994320116.13$5,162
Jul 1994375117.56$6,585
Jun 1994379117.09$6,477
May 1994710115.88$11,275
Apr 1994379114.14$5,359
Mar 1994541112.46$6,741
Feb 1994532112.50$6,650
Jan 1994326112.66$4,127
Dec 1993476112.33$5,869
Nov 1993377114.49$5,463
Oct 1993183115.85$2,901
Sep 1993186115.03$2,796
Aug 1993184115.66$2,881
Jul 1993188115.46$2,906
Jun 1993272116.79$4,567
May 1993291117.68$5,145
Apr 1993365118.05$6,588
Mar 1993363118.14$6,585
Feb 1993703117.90$12,584
Jan 1993903116.93$15,288

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.

Apr 2026 — as filed, then multipliedworked
Oil                  177 bbl  × $ 98.93 =    $17,511
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $17,511

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/6463 is the state's own key, not one this site invented.