NEELY, GDN. A., ETAL

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 6838District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$3.6 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
OilDisposition178,074 bbl$3,507,103
Casinghead gasProduction94,398 Mcf$51,919
Total$3,559,022

77,052 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 202305678.122.24$125
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 202303876.533.39$129
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 202200104.226.84$0
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 202105269.865.35$278
Aug 20210066.024.22$0
Jul 20210070.783.98$0
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 20210750.412.81$20
Dec 20200044.642.68$0
Nov 20200738.772.71$19
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 2017193047.933.21$9,250
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 2016153048.763.72$7,460
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 2016176041.553.10$7,313
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 201680045.352.69$3,628
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201684027.352.36$2,297
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015177040.162.87$7,108
Jul 20150048.152.95$0
Jun 2015120056.152.88$6,738
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015139042.892.93$5,962
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014128070.464.25$9,019
Oct 20140078.303.90$0
Sep 2014104086.164.05$8,961
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014144098.164.74$14,135
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 2014133090.404.86$12,023
Dec 20130091.824.35$0
Nov 2013161088.853.74$14,305
Oct 20130097.423.78$0
Sep 20131440104.113.72$14,992
Aug 201300104.253.52$0
Jul 20131630102.523.72$16,711
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013144093.964.28$13,530
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013114091.603.42$10,442
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 2012145094.672.92$13,727
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012131079.822.52$10,456
May 20120091.612.49$0
Apr 20121240101.652.00$12,605
Mar 201200105.052.22$0
Feb 20121490101.102.57$15,064
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 2011150084.983.65$12,747
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 2011132092.904.64$12,263
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 2011156096.364.06$15,032
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010176085.734.35$15,088
Nov 2010189080.843.80$15,279
Oct 20100078.103.51$0
Sep 2010179072.633.98$13,001
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 2010163071.124.24$11,593
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 20090032.814.63$0
Jan 20090035.865.37$0
Dec 2008182037.105.98$6,752
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 20081760114.228.48$20,103
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 20081490123.1711.57$18,352
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008177092.538.77$16,378
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007173091.677.29$15,859
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 2007171069.066.39$11,809
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 2007165058.747.85$9,692
Apr 20070059.617.81$0
Mar 2007177056.927.30$10,075
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006178056.656.92$10,084
Nov 2006181054.207.62$9,810
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 2006173068.717.34$11,887
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 2006183066.016.42$12,080
Apr 20060064.397.36$0
Mar 2006179056.707.08$10,149
Feb 20060057.597.75$0
Jan 2006172060.598.93$10,421
Dec 2005176054.9413.42$9,669
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 2005174061.4512.08$10,692
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005170052.337.38$8,896
May 20050045.226.65$0
Apr 2005176049.207.36$8,659
Mar 20050050.377.15$0
Feb 2005175045.226.31$7,914
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 2004172045.286.33$7,788
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 2004159042.375.55$6,737
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 2004171037.486.49$6,409
Apr 2004176034.475.86$6,067
Mar 20040034.365.53$0
Feb 2004178032.455.51$5,776
Jan 2004171032.036.30$5,477
Dec 2003181030.266.30$5,477
Nov 2003175028.804.60$5,040
Oct 20030028.174.76$0
Sep 2003186026.314.75$4,894
Aug 20030029.765.13$0
Jul 2003185029.415.17$5,441
Jun 2003187028.565.98$5,341
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 200368031.146.10$2,118
Feb 200351033.487.93$1,707
Jan 200366030.315.58$2,000
Dec 200261126.914.85$1,646
Nov 2002109124.664.14$2,692
Oct 20020126.464.23$4
Sep 20020127.443.64$4
Aug 200227625.963.16$720
Jul 200280124.583.06$1,969
Jun 200248123.733.34$1,142
May 200259124.663.58$1,459
Apr 200267123.653.51$1,588
Mar 200290122.003.10$1,983
Feb 200231118.222.38$567
Jan 200255117.172.38$947
Dec 200186116.932.36$1,458
Nov 200120118.072.41$364
Oct 2001631519.782.53$1,284
Sep 2001622224.262.25$1,554
Aug 200112710624.873.05$3,482
Jul 200115021723.933.20$4,283
Jun 20011076424.563.82$2,873
May 20011684725.524.31$4,490
Apr 20011357524.685.34$3,732
Mar 20012519924.545.38$6,692
Feb 200129013427.755.77$8,820
Jan 200141620827.478.40$13,174
Dec 200040522726.889.12$12,957
Nov 200056635532.215.66$20,239
Oct 200047645131.235.15$17,186
Sep 200071638931.875.19$24,836
Aug 200074245629.644.54$24,063
Jul 200049439428.534.09$15,705
Jun 200073535329.304.40$23,088
May 200085028927.263.68$24,234
Apr 20001,13017124.513.12$28,229
Mar 200094122728.422.86$27,392
Feb 200092415827.622.73$25,952
Jan 200086025625.272.48$22,367
Dec 19991,00021924.282.42$24,811
Nov 19991,01711323.192.43$23,859
Oct 199991333420.982.80$20,091
Sep 199996329021.752.62$21,705
Aug 19991,00321419.262.88$19,933
Jul 19991,02912817.892.37$18,712
Jun 19991,04421315.942.36$17,144
May 19991,10825615.792.32$18,090
Apr 19991,11923015.102.21$17,405
Mar 19991,13031212.471.84$14,665
Feb 19998612009.981.82$8,956
Jan 19991,21530210.381.90$13,185
Dec 19981,1203119.201.77$10,856
Nov 19981,20835010.892.19$13,920
Oct 19981,22941312.421.97$16,077
Sep 19981,23438712.592.08$16,342
Aug 19981,15038811.301.91$13,735
Jul 19981,19746811.742.24$15,100
Jun 1998991111.242.24$11,141
May 199883832412.622.21$11,290
Apr 19981,03949513.042.51$14,789
Mar 19981,10750612.802.31$15,338
Feb 199867845013.952.30$10,493
Jan 199884745914.702.15$13,440
Dec 199782144316.322.41$14,467
Nov 199769031318.193.09$13,518
Oct 199794332119.253.15$19,164
Sep 199792835317.742.95$17,506
Aug 19971,02037817.862.55$19,183
Jul 19971,01444617.582.25$18,828
Jun 199799039917.242.26$17,968
May 19971,03037218.972.31$20,398
Apr 19971,17057417.882.08$22,115
Mar 19971,12349418.951.94$22,239
Feb 19971,10544420.492.21$23,621
Jan 19971,19555423.483.54$30,020
Dec 199687260823.32$20,335
Nov 199691962921.97$20,190
Oct 199676483323.31$17,809
Sep 19961,2141,39322.22$26,975
Aug 19961,3341,50820.26$27,027
Jul 19961,3511,33219.55$26,412
Jun 19961,5181,31918.73$28,432
May 19961,4961,27619.43$29,067
Apr 19961,5281,42421.51$32,867
Mar 19961,7011,41719.38$32,965
Feb 19961,5001,45916.98$25,470
Jan 19961,8481,39517.07$31,545
Dec 19951,6611,53217.19$28,553
Nov 19951,8581,52516.00$29,728
Oct 19951,8691,73715.43$28,839
Sep 19952,0622,03016.18$33,363
Aug 19952,2992,00615.92$36,600
Jul 19952,4492,20815.24$37,323
Jun 19953,0211,99416.41$49,575
May 19954,5703,66117.56$80,249
Apr 19954,3933,21317.73$77,888
Mar 19952,22293816.44$36,530
Feb 199574956116.58$12,418
Jan 199574369215.92$11,829
Dec 199480957115.03$12,159
Nov 199493278515.90$14,819
Oct 199494158015.58$14,661
Sep 19941,12373915.29$17,171
Aug 19941,38161416.13$22,276
Jul 19941,56164817.56$27,411
Jun 19941,6941,19117.09$28,950
May 19941,7961,56415.88$28,520
Apr 19941,9281,98914.14$27,262
Mar 19942,4041,83012.46$29,954
Feb 19942,2322,09112.50$27,900
Jan 19942,5512,09112.66$32,296
Dec 19933,2051,57212.33$39,518
Nov 19933,1311,45814.49$45,368
Oct 19933,9331,97415.85$62,338
Sep 19934,0142,10415.03$60,330
Aug 19934,5222,21815.66$70,815
Jul 19934,3162,06015.46$66,725
Jun 19934,2361,90716.79$71,122
May 19935,7512,15217.68$101,678
Apr 19935,5782,09018.05$100,683
Mar 19935,8362,99818.14$105,865
Feb 19935,9142,07517.90$105,861
Jan 19936,4513,06116.93$109,215

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 2023 — as filed, then multipliedworked
Oil                    0 bbl  × $ 78.12 =         $0
Casinghead gas        56 Mcf  × $  2.24 =       $125

────────────────────────────────────────────────────
Month total                                     $125

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/6838 is the state's own key, not one this site invented.