ANGUS SPEAR TR., 2

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 6847District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$4.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$145 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
OilDisposition90,647 bbl$4,218,483
Casinghead gasProduction6,365 Mcf$34,459
Total$4,252,941

229 Mcf of this lease's gas, across 47 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 20261660106.413.05$17,664
Apr 2026159098.932.87$15,730
Mar 2026169089.753.15$15,168
Feb 2026340063.503.75$21,590
Jan 20260059.138.00$0
Dec 2025175056.664.41$9,916
Nov 2025181058.593.93$10,605
Oct 2025176059.383.30$10,451
Sep 2025330062.743.08$20,704
Aug 20250063.933.01$0
Jul 2025174066.743.32$11,613
Jun 2025179066.483.13$11,900
May 2025311060.553.23$18,831
Apr 2025176062.363.54$10,975
Mar 2025166067.704.27$11,238
Feb 2025162070.884.34$11,483
Jan 2025172074.324.28$12,783
Dec 2024155068.993.12$10,693
Nov 2024164069.052.20$11,324
Oct 2024325071.372.28$23,195
Sep 2024161069.612.36$11,207
Aug 2024189075.632.06$14,294
Jul 20240079.932.15$0
Jun 2024155078.082.63$12,102
May 2024163078.812.20$12,846
Apr 20240084.451.66$0
Mar 2024153080.301.55$12,286
Feb 2024156076.091.78$11,870
Jan 2024174073.023.30$12,705
Dec 2023181071.262.61$12,898
Nov 2023170077.892.81$13,241
Oct 2023163085.443.09$13,927
Sep 2023162089.042.74$14,424
Aug 20230080.522.67$0
Jul 2023166074.852.64$12,425
Jun 2023155068.962.26$10,689
May 2023164070.622.23$11,582
Apr 2023166078.122.24$12,968
Mar 2023162072.852.39$11,802
Feb 2023161075.112.47$12,093
Jan 2023187076.533.39$14,311
Dec 2022160076.415.73$12,226
Nov 2022323085.005.65$27,455
Oct 2022192087.185.86$16,739
Sep 20220084.888.16$0
Aug 2022176094.529.13$16,636
Jul 20223420101.587.54$34,740
Jun 20221800115.097.98$20,716
May 20221490109.378.43$16,296
Apr 20221670104.226.84$17,405
Mar 20221730108.885.08$18,836
Feb 2022166091.054.86$15,114
Jan 2022335081.844.54$27,416
Dec 2021186071.323.90$13,266
Nov 2021168077.435.24$13,008
Oct 2021172079.795.71$13,724
Sep 2021164069.865.35$11,457
Aug 2021356066.024.22$23,503
Jul 2021184070.783.98$13,024
Jun 2021161069.493.38$11,188
May 2021343063.483.02$21,774
Apr 2021184060.362.76$11,106
Mar 2021172061.302.72$10,544
Feb 2021162057.805.55$9,364
Jan 20210050.412.81$0
Dec 2020179044.642.68$7,991
Nov 2020162038.772.71$6,281
Oct 20200036.972.48$0
Sep 2020172437.091.99$6,387
Aug 2020345039.982.39$13,793
Jul 2020170038.371.83$6,523
Jun 20200034.901.69$0
May 2020168016.921.81$2,843
Apr 2020165014.751.80$2,434
Mar 2020170030.341.86$5,158
Feb 2020339049.881.98$16,909
Jan 2020168057.252.09$9,618
Dec 2019165059.012.30$9,737
Nov 2019180055.302.75$9,954
Oct 2019164053.472.42$8,769
Sep 2019169055.052.66$9,303
Aug 2019166053.112.30$8,816
Jul 2019347056.272.46$19,526
Jun 2019172052.782.49$9,078
May 2019169058.482.74$9,883
Apr 2019185062.632.75$11,587
Mar 2019182056.803.06$10,338
Feb 2019180050.852.79$9,153
Jan 2019176046.033.23$8,101
Dec 2018186046.594.19$8,666
Nov 2018359052.934.24$19,002
Oct 2018184061.443.40$11,305
Sep 2018172059.543.11$10,241
Aug 2018183059.403.07$10,870
Jul 2018173065.142.93$11,269
Jun 2018356060.183.08$21,424
May 2018186065.382.90$12,161
Apr 2018173063.842.90$11,044
Mar 2018187061.222.79$11,448
Feb 2018359061.782.77$22,179
Jan 2018178062.874.01$11,191
Dec 2017129057.272.92$7,388
Nov 2017374055.423.12$20,727
Oct 2017176049.292.98$8,675
Sep 2017142047.523.09$6,748
Aug 2017366045.373.00$16,605
Jul 2017183043.873.09$8,028
Jun 2017173042.493.09$7,351
May 2017173045.373.26$7,849
Apr 2017350047.933.21$16,776
Mar 2017162046.772.98$7,577
Feb 2017180050.452.95$9,081
Jan 2017334049.413.42$16,503
Dec 2016168048.763.72$8,192
Nov 2016359042.492.64$15,254
Oct 2016153046.193.09$7,067
Sep 2016338041.553.10$14,044
Aug 2016151041.442.92$6,257
Jul 2016339041.622.92$14,109
Jun 2016168045.352.69$7,619
May 2016189042.521.99$8,036
Apr 2016359036.561.99$13,125
Mar 2016189033.011.79$6,239
Feb 2016178026.472.06$4,712
Jan 2016186027.352.36$5,087
Dec 2015176032.362.00$5,695
Nov 2015178038.792.17$6,905
Oct 2015351043.552.43$15,286
Sep 20150042.992.76$0
Aug 20153429040.162.87$13,993
Jul 2015174048.152.95$8,378
Jun 2015176056.152.88$9,882
May 2015340055.212.96$18,771
Apr 2015353049.822.71$17,586
Mar 2015368042.892.93$15,784
Feb 2015346044.662.98$15,452
Jan 2015363043.433.10$15,765
Dec 2014189054.693.59$10,336
Nov 2014190070.464.25$13,387
Oct 2014356078.303.90$27,875
Sep 2014181086.164.05$15,595
Aug 2014361089.394.04$32,270
Jul 2014174096.564.18$16,801
Jun 2014370098.164.74$36,319
May 20140094.734.73$0
Apr 2014186095.944.81$17,845
Mar 2014355095.895.06$34,041
Feb 20140097.406.19$0
Jan 2014125090.404.86$11,300
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013370097.423.78$36,045
Sep 20131820104.113.72$18,948
Aug 20131890104.253.52$19,703
Jul 20131900102.523.72$19,479
Jun 2013188094.403.93$17,747
May 2013180094.834.15$17,069
Apr 2013191093.964.28$17,946
Mar 2013191093.623.91$17,881
Feb 2013183091.233.42$16,695
Jan 2013184091.603.42$16,854
Dec 2012178086.773.42$15,445
Nov 2012186086.953.62$16,173
Oct 2012180089.383.40$16,088
Sep 20121722694.672.92$16,359
Aug 20121857192.662.91$17,349
Jul 20121844385.133.02$15,794
Jun 2012183079.822.52$14,607
May 2012186091.612.49$17,039
Apr 20121760101.652.00$17,890
Mar 20121780105.052.22$18,699
Feb 20121900101.102.57$19,209
Jan 2012184098.092.73$18,049
Dec 2011187096.873.24$18,115
Nov 2011182095.723.31$17,421
Oct 2011179084.983.65$15,211
Sep 2011190083.623.99$15,888
Aug 2011367083.404.15$30,608
Jul 2011188094.144.52$17,698
Jun 2011172092.904.64$15,979
May 2011190098.134.40$18,645
Apr 20111790105.964.33$18,967
Mar 2011180096.364.06$17,345
Feb 2011177085.644.18$15,158
Jan 2011191086.504.59$16,522
Dec 2010183085.734.35$15,689
Nov 2010184080.843.80$14,875
Oct 2010183078.103.51$14,292
Sep 2010366072.633.98$26,583
Aug 2010190073.684.42$13,999
Jul 2010189072.554.74$13,712
Jun 2010188070.364.91$13,228
May 2010188071.124.24$13,371
Apr 2010180081.694.12$14,704
Mar 2010186078.394.39$14,581
Feb 2010183073.585.44$13,465
Jan 2010179074.365.96$13,310
Dec 2009178071.445.48$12,716
Nov 2009178074.593.75$13,277
Oct 2009184372.544.11$13,360
Sep 20093604465.543.06$23,729
Aug 200918411967.423.22$12,788
Jul 2009014561.133.46$502
Jun 20091878966.163.90$12,719
May 20091847154.743.93$10,351
Apr 20091866046.773.59$8,914
Mar 20091866542.144.06$8,102
Feb 200936211732.814.63$12,419
Jan 20091876335.865.37$7,044
Dec 20081786237.105.98$6,974
Nov 20081866655.496.86$10,774
Oct 20081866675.246.92$14,451
Sep 200817642101.767.88$18,241
Aug 200816261114.228.48$19,021
Jul 200817967131.0811.39$24,226
Jun 200817062131.3313.03$23,134
May 200834857123.1711.57$43,523
Apr 200818354110.3110.45$20,751
Mar 200816549101.909.66$17,287
Feb 20081814792.538.77$17,160
Jan 20081695390.388.21$15,709
Dec 20073435288.337.30$30,677
Nov 20071725691.677.29$16,176
Oct 20071656182.856.92$14,092
Sep 2007011975.846.24$743
Aug 200735113069.066.39$25,070
Jul 20071839170.906.39$13,556
Jun 20071698362.007.55$11,105
May 20071845458.747.85$11,232
Apr 20071795159.617.81$11,068
Mar 200705156.927.30$372
Feb 20071763755.108.22$10,002
Jan 20073323750.306.73$16,948
Dec 20061643156.656.92$9,505
Nov 20061443854.207.62$8,094
Oct 20061686754.906.01$9,626
Sep 20061655060.085.04$10,165
Aug 20061605268.717.34$11,375
Jul 20061725269.376.34$12,261
Jun 20061745366.286.38$11,871
May 20063065466.016.42$20,546
Apr 200617810464.397.36$12,227
Mar 200618010056.707.08$10,914
Feb 20061597357.597.75$9,723
Jan 20061837860.598.93$11,785
Dec 20051766954.9413.42$10,595
Nov 20051808754.6910.59$10,765
Oct 20053514558.3413.80$21,098
Sep 200503961.4512.08$471
Aug 20053333961.519.80$20,865
Jul 20051592755.697.84$9,066
Jun 20051672652.337.38$8,931
May 20051693045.226.65$7,842
Apr 20051793049.207.36$9,028
Mar 20051775850.377.15$9,330
Feb 20051862045.226.31$8,537
Jan 20051761543.166.32$7,691
Dec 20043351639.866.75$13,461
Nov 20041631545.286.33$7,476
Oct 20041841549.706.52$9,243
Sep 20041871243.245.28$8,149
Aug 20041591242.375.55$6,803
Jul 20041661838.286.08$6,464
Jun 20043202536.106.43$11,713
May 20041891937.486.49$7,207
Apr 200402234.475.86$129
Mar 20045332734.365.53$18,463
Feb 200402332.455.51$127
Jan 20041772532.036.30$5,827
Dec 20031692330.266.30$5,259
Nov 20031732028.804.60$5,074
Oct 20033442228.174.76$9,795
Sep 20031691426.314.75$4,513
Aug 20031842529.765.13$5,604
Jul 20031783029.415.17$5,390
Jun 20031882128.565.98$5,495
May 20031711526.595.97$4,636
Apr 20031732226.675.41$4,733
Mar 20033211131.146.10$10,063
Feb 20031842633.487.93$6,366
Jan 20031912730.315.58$5,940
Dec 20021783226.914.85$4,945
Nov 20021763424.664.14$4,481
Oct 20021793326.464.23$4,876
Sep 20021723727.443.64$4,854
Aug 20021613225.963.16$4,281
Jul 20021672824.583.06$4,191
Jun 2002371123.733.34$8,807
May 2002186124.663.58$4,590
Apr 2002183123.653.51$4,331
Mar 2002182122.003.10$4,007
Feb 2002168118.222.38$3,063
Jan 2002170117.172.38$2,921
Dec 2001191116.932.36$3,236
Nov 2001192118.072.41$3,472
Oct 2001249119.782.53$4,928
Sep 2001235124.262.25$5,703
Aug 20011603424.873.05$4,083
Jul 20011903923.933.20$4,671
Jun 20011702324.563.82$4,263
May 20011913125.524.31$5,008
Apr 20011793324.685.34$4,594
Mar 20011843324.545.38$4,693
Feb 20011842427.755.77$5,244
Jan 20011791427.478.40$5,035
Dec 20001821826.889.12$5,056
Nov 20003062832.215.66$10,015
Oct 20001853431.235.15$5,953
Sep 20001771731.875.19$5,729
Aug 20001842129.644.54$5,549
Jul 20001881528.534.09$5,425
Jun 20001891829.304.40$5,617
May 20001902527.263.68$5,271
Apr 20001842324.513.12$4,582
Mar 20001901728.422.86$5,448
Feb 20003761727.622.73$10,431
Jan 20001802125.272.48$4,601
Dec 19991922424.282.42$4,720
Nov 19991862623.192.43$4,377
Oct 19991882920.982.80$4,026
Sep 19991853221.752.62$4,108
Aug 19991833419.262.88$3,622
Jul 19991892417.892.37$3,438
Jun 19991743015.942.36$2,844
May 19991911715.792.32$3,055
Apr 19991763015.102.21$2,724
Mar 19993392612.471.84$4,275
Feb 1999187299.981.82$1,919
Jan 19991563110.381.90$1,678
Dec 1998182379.201.77$1,740
Nov 19981643710.892.19$1,867
Oct 1998352112.421.97$4,374
Sep 19981684112.592.08$2,201
Aug 19981784311.301.91$2,093
Jul 19981754611.742.24$2,157
Jun 1998354111.242.24$3,981
May 19981844512.622.21$2,421
Apr 19981665113.042.51$2,292
Mar 19981665012.802.31$2,240
Feb 19983584113.952.30$5,088
Jan 19981724714.702.15$2,630
Dec 19971434216.322.41$2,435
Nov 19973365018.193.09$6,266
Oct 19971746219.253.15$3,545
Sep 19971716317.742.95$3,220
Aug 19973666917.862.55$6,713
Jul 19971766017.582.25$3,229
Jun 19971791217.242.26$3,113
May 19973471318.972.31$6,613
Apr 19971681217.882.08$3,029
Mar 19973491818.951.94$6,648
Feb 19973741620.492.21$7,699
Jan 19973281623.483.54$7,758
Dec 19963821523.32$8,908
Nov 19963501521.97$7,690
Oct 19963432023.31$7,995
Sep 19963492022.22$7,755
Aug 19963462220.26$7,010
Jul 19963482019.55$6,803
Jun 19963462018.73$6,481
May 19965172019.43$10,045
Apr 19963572021.51$7,679
Mar 19965342019.38$10,349
Feb 1996370116.98$6,283
Jan 1996376117.07$6,418
Dec 1995372117.19$6,395
Nov 1995353116.00$5,648
Oct 1995368115.43$5,678
Sep 1995357116.18$5,776
Aug 1995560115.92$8,915
Jul 1995376115.24$5,730
Jun 1995358116.41$5,875
May 1995366117.56$6,427
Apr 1995368117.73$6,525
Mar 1995534116.44$8,779
Feb 1995370116.58$6,135
Jan 1995549115.92$8,740
Dec 1994188115.03$2,826
Nov 1994369115.90$5,867
Oct 1994368115.58$5,733
Sep 1994513115.29$7,844
Aug 1994358116.13$5,775
Jul 1994641117.56$11,256
Jun 1994649117.09$11,091
May 1994310115.88$4,923
Apr 1994667114.14$9,431
Mar 1994304112.46$3,788
Feb 1994671112.50$8,388
Jan 1994308112.66$3,899
Dec 1993318112.33$3,921
Nov 1993640114.49$9,274
Oct 1993331115.85$5,246
Sep 1993630115.03$9,469
Aug 1993683115.66$10,696
Jul 19930015.46$0
Jun 1993672116.79$11,283
May 1993327117.68$5,781
Apr 1993655118.05$11,823
Mar 1993681118.14$12,353
Feb 1993334117.90$5,979
Jan 1993644116.93$10,903

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                  166 bbl  × $106.41 =    $17,664
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $17,664

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/6847 is the state's own key, not one this site invented.