MCGREDE, J. G., 2 B

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 6908District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$1.3 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
OilDisposition26,504 bbl$1,349,971
Casinghead gasProduction130 Mcf$12
Total$1,349,983

125 Mcf of this lease's gas, across 41 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 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 20210069.865.35$0
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 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
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 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201670048.763.72$3,413
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 201688045.352.69$3,991
May 201691042.521.99$3,869
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 201611027.352.36$301
Dec 201574032.362.00$2,395
Nov 201591038.792.17$3,530
Oct 201589043.552.43$3,876
Sep 201590042.992.76$3,869
Aug 201589040.162.87$3,574
Jul 2015174048.152.95$8,378
Jun 20150056.152.88$0
May 2015177055.212.96$9,772
Apr 20150049.822.71$0
Mar 2015179042.892.93$7,677
Feb 20150044.662.98$0
Jan 2015153043.433.10$6,645
Dec 2014134054.693.59$7,328
Nov 201454070.464.25$3,805
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014166089.394.04$14,839
Jul 20140096.564.18$0
Jun 201459098.164.74$5,791
May 201498094.734.73$9,284
Apr 2014109095.944.81$10,457
Mar 201455095.895.06$5,274
Feb 201466097.406.19$6,428
Jan 201499090.404.86$8,950
Dec 2013122091.824.35$11,202
Nov 2013117088.853.74$10,395
Oct 2013126097.423.78$12,275
Sep 2013760104.113.72$7,912
Aug 2013810104.253.52$8,444
Jul 20131140102.523.72$11,687
Jun 2013103094.403.93$9,723
May 2013103094.834.15$9,767
Apr 201399093.964.28$9,302
Mar 2013106093.623.91$9,924
Feb 2013130091.233.42$11,860
Jan 2013115091.603.42$10,534
Dec 2012131086.773.42$11,367
Nov 2012110086.953.62$9,565
Oct 201287089.383.40$7,776
Sep 2012117094.672.92$11,076
Aug 201297092.662.91$8,988
Jul 201298085.133.02$8,343
Jun 201280079.822.52$6,386
May 2012112091.612.49$10,260
Apr 2012970101.652.00$9,860
Mar 20121400105.052.22$14,707
Feb 2012930101.102.57$9,402
Jan 2012109098.092.73$10,692
Dec 201176096.873.24$7,362
Nov 201176095.723.31$7,275
Oct 2011129084.983.65$10,962
Sep 2011129083.623.99$10,787
Aug 2011101083.404.15$8,423
Jul 2011102094.144.52$9,602
Jun 201158092.904.64$5,388
May 201164098.134.40$6,280
Apr 201100105.964.33$0
Mar 2011167096.364.06$16,092
Feb 20110085.644.18$0
Jan 201192086.504.59$7,958
Dec 2010130085.734.35$11,145
Nov 2010146080.843.80$11,803
Oct 2010113078.103.51$8,825
Sep 2010162072.633.98$11,766
Aug 201096073.684.42$7,073
Jul 2010128072.554.74$9,286
Jun 2010112070.364.91$7,880
May 2010133071.124.24$9,459
Apr 2010139081.694.12$11,355
Mar 201092078.394.39$7,212
Feb 2010135073.585.44$9,933
Jan 201092074.365.96$6,841
Dec 2009129071.445.48$9,216
Nov 200953074.593.75$3,953
Oct 2009108072.544.11$7,834
Sep 2009129065.543.06$8,455
Aug 200996067.423.22$6,472
Jul 2009138061.133.46$8,436
Jun 2009126066.163.90$8,336
May 2009128054.743.93$7,007
Apr 2009259046.773.59$12,113
Mar 20090042.144.06$0
Feb 2009119032.814.63$3,904
Jan 2009130035.865.37$4,662
Dec 2008135037.105.98$5,009
Nov 2008124055.496.86$6,881
Oct 2008130075.246.92$9,781
Sep 2008750101.767.88$7,632
Aug 20081650114.228.48$18,846
Jul 20081860131.0811.39$24,381
Jun 20081340131.3313.03$17,598
May 20081180123.1711.57$14,534
Apr 20081340110.3110.45$14,782
Mar 20081130101.909.66$11,515
Feb 2008102092.538.77$9,438
Jan 2008153090.388.21$13,828
Dec 2007168088.337.30$14,839
Nov 2007131091.677.29$12,009
Oct 2007131082.856.92$10,853
Sep 200743075.846.24$3,261
Aug 20070069.066.39$0
Jul 200775070.906.39$5,318
Jun 2007128062.007.55$7,936
May 2007136058.747.85$7,989
Apr 2007128059.617.81$7,630
Mar 2007122056.927.30$6,944
Feb 2007129055.108.22$7,108
Jan 2007131050.306.73$6,589
Dec 2006124056.656.92$7,025
Nov 2006124054.207.62$6,721
Oct 2006141054.906.01$7,741
Sep 2006134060.085.04$8,051
Aug 2006128068.717.34$8,795
Jul 2006117069.376.34$8,116
Jun 2006155066.286.38$10,273
May 2006135066.016.42$8,911
Apr 2006120064.397.36$7,727
Mar 2006148056.707.08$8,392
Feb 2006118057.597.75$6,796
Jan 2006157060.598.93$9,513
Dec 2005126054.9413.42$6,922
Nov 2005124054.6910.59$6,782
Oct 2005135058.3413.80$7,876
Sep 2005118061.4512.08$7,251
Aug 2005122061.519.80$7,504
Jul 2005101055.697.84$5,625
Jun 2005139052.337.38$7,274
May 2005112045.226.65$5,065
Apr 2005123049.207.36$6,052
Mar 2005139050.377.15$7,001
Feb 2005193045.226.31$8,727
Jan 20050043.166.32$0
Dec 2004194039.866.75$7,733
Nov 2004135045.286.33$6,113
Oct 2004188049.706.52$9,344
Sep 20040043.245.28$0
Aug 2004216042.375.55$9,152
Jul 2004178038.286.08$6,814
Jun 20040036.106.43$0
May 2004190037.486.49$7,121
Apr 20040034.475.86$0
Mar 2004296034.365.53$10,171
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 2003192028.174.76$5,409
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 2003177029.415.17$5,206
Jun 2003394028.565.98$11,253
May 2003616026.595.97$16,379
Apr 20030026.675.41$0
Mar 2003151031.146.10$4,702
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 2002178026.914.85$4,790
Nov 20020024.664.14$0
Oct 2002172026.464.23$4,551
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 2002154024.583.06$3,785
Jun 20020023.733.34$0
May 2002149024.663.58$3,674
Apr 20020023.653.51$0
Mar 2002164022.003.10$3,608
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 2001182016.932.36$3,081
Nov 20010018.072.41$0
Oct 2001206019.782.53$4,075
Sep 20010024.262.25$0
Aug 2001154024.873.05$3,830
Jul 20010023.933.20$0
Jun 2001205024.563.82$5,035
May 20010025.524.31$0
Apr 2001187024.685.34$4,615
Mar 2001176024.545.38$4,319
Feb 2001145027.755.77$4,024
Jan 20010027.478.40$0
Dec 2000180026.889.12$4,838
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 2000124031.875.19$3,952
Aug 2000167029.644.54$4,950
Jul 2000170028.534.09$4,850
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 1999157015.942.36$2,503
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 1998166010.892.19$1,808
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 1998158011.301.91$1,785
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 1998136012.622.21$1,716
Apr 19980013.042.51$0
Mar 1998150012.802.31$1,920
Feb 19980013.952.30$0
Jan 1998180014.702.15$2,646
Dec 19970016.322.41$0
Nov 1997170018.193.09$3,092
Oct 19970019.253.15$0
Sep 1997155017.742.95$2,750
Aug 19970017.862.55$0
Jul 1997172017.582.25$3,024
Jun 19970017.242.26$0
May 1997147118.972.31$2,791
Apr 19970117.882.08$2
Mar 1997182118.951.94$3,451
Feb 19970120.492.21$2
Jan 1997185123.483.54$4,347
Dec 19960123.32$0
Nov 1996169121.97$3,713
Oct 19960123.31$0
Sep 1996176122.22$3,911
Aug 19960120.26$0
Jul 1996162119.55$3,167
Jun 19960118.73$0
May 1996113119.43$2,196
Apr 1996158121.51$3,399
Mar 19960119.38$0
Feb 1996134116.98$2,275
Jan 1996186117.07$3,175
Dec 19950117.19$0
Nov 1995140116.00$2,240
Oct 1995177115.43$2,731
Sep 19950116.18$0
Aug 1995117115.92$1,863
Jul 1995140115.24$2,134
Jun 1995125116.41$2,051
May 1995180117.56$3,161
Apr 19950117.73$0
Mar 1995330016.44$5,425
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 1994149015.90$2,369
Oct 199447015.58$732
Sep 1994101115.29$1,544
Aug 1994116116.13$1,871
Jul 1994131117.56$2,300
Jun 1994112117.09$1,914
May 1994160115.88$2,541
Apr 1994173114.14$2,446
Mar 19940112.46$0
Feb 1994110112.50$1,375
Jan 19940112.66$0
Dec 199354112.33$666
Nov 19930114.49$0
Oct 199369115.85$1,094
Sep 199393115.03$1,398
Aug 19930115.66$0
Jul 199384115.46$1,299
Jun 19930016.79$0
May 1993103117.68$1,821
Apr 19932161118.05$3,899
Mar 1993963918.14$1,741
Feb 19931951117.90$3,491
Jan 199302716.93$0

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.

Dec 2016 — as filed, then multipliedworked
Oil                   70 bbl  × $ 48.76 =     $3,413
Casinghead gas         0 Mcf  × $  3.72 =         $0

────────────────────────────────────────────────────
Month total                                   $3,413

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/6908 is the state's own key, not one this site invented.