HUGHES, W. R.

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 6960District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$4.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$93 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
OilDisposition76,746 bbl$3,911,757
Casinghead gasProduction55,094 Mcf$199,325
Total$4,111,081

4,603 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 20261420106.413.05$15,110
Apr 202603198.932.87$89
Mar 20261593589.753.15$14,380
Feb 202605963.503.75$221
Jan 202616812259.138.00$10,910
Dec 202517113856.664.41$10,298
Nov 2025018458.593.93$722
Oct 202515312859.383.30$9,508
Sep 202515116162.743.08$9,969
Aug 2025017563.933.01$528
Jul 202515116766.743.32$10,631
Jun 202515614966.483.13$10,837
May 2025017660.553.23$569
Apr 202514819762.363.54$9,927
Mar 202513120867.704.27$9,757
Feb 202515617670.884.34$11,821
Jan 202515216774.324.28$12,011
Dec 2024018268.993.12$568
Nov 202415916669.052.20$11,344
Oct 202417221371.372.28$12,762
Sep 202414821369.612.36$10,806
Aug 2024020275.632.06$417
Jul 202415421879.932.15$12,777
Jun 202415822378.082.63$12,924
May 202415116778.812.20$12,267
Apr 2024014484.451.66$239
Mar 202416013880.301.55$13,061
Feb 202416020576.091.78$12,540
Jan 2024013073.023.30$429
Dec 202315317971.262.61$11,370
Nov 2023022977.892.81$643
Oct 202314422885.443.09$13,007
Sep 202315922089.042.74$14,759
Aug 202317023580.522.67$14,317
Jul 202315822274.852.64$12,413
Jun 2023023868.962.26$538
May 202316322570.622.23$12,012
Apr 202316523278.122.24$13,409
Mar 202316419472.852.39$12,412
Feb 20230075.112.47$0
Jan 202316316476.533.39$13,030
Dec 202216323076.415.73$13,773
Nov 202216222885.005.65$15,057
Oct 202216221887.185.86$15,401
Sep 202216227484.888.16$15,987
Aug 202214513194.529.13$14,901
Jul 2022107106101.587.54$11,669
Jun 2022071115.097.98$566
May 202213330109.378.43$14,799
Apr 202216530104.226.84$17,401
Mar 2022048108.885.08$244
Feb 20221361191.054.86$12,436
Jan 2022165881.844.54$13,540
Dec 2021171071.323.90$12,196
Nov 202116917477.435.24$13,997
Oct 202114934379.795.71$13,849
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 20210650.412.81$17
Dec 20200544.642.68$13
Nov 202001038.772.71$27
Oct 202001336.972.48$32
Sep 20200037.091.99$0
Aug 202002139.982.39$50
Jul 202003138.371.83$57
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202011830330.341.86$4,143
Feb 202015446549.881.98$8,603
Jan 20201589657.252.09$9,247
Dec 201916730159.012.30$10,548
Nov 201916044855.302.75$10,080
Oct 201915444253.472.42$9,303
Sep 2019040655.052.66$1,079
Aug 201913233353.112.30$7,778
Jul 201914236156.272.46$8,878
Jun 201916932652.782.49$9,732
May 2019033158.482.74$907
Apr 201916531862.632.75$11,209
Mar 2019037456.803.06$1,145
Feb 201916234650.852.79$9,204
Jan 201916537146.033.23$8,793
Dec 201816437746.594.19$9,219
Nov 201816129952.934.24$9,789
Oct 201816328461.443.40$10,980
Sep 2018028459.543.11$883
Aug 201815325259.403.07$9,861
Jul 201816329665.142.93$11,486
Jun 201816231260.183.08$10,709
May 201816033065.382.90$11,418
Apr 201815724863.842.90$10,742
Mar 201817223361.222.79$11,179
Feb 2018023761.782.77$656
Jan 201814614562.874.01$9,760
Dec 201715411157.272.92$9,144
Nov 2017013855.423.12$430
Oct 201715513349.292.98$8,037
Sep 201716014747.523.09$8,057
Aug 2017015845.373.00$475
Jul 201715411143.873.09$7,099
Jun 201715413942.493.09$6,973
May 2017015045.373.26$490
Apr 201716922247.933.21$8,813
Mar 201716122546.772.98$8,201
Feb 2017023750.452.95$700
Jan 201716426849.413.42$9,019
Dec 201615823748.763.72$8,586
Nov 201615931342.492.64$7,584
Oct 201616134246.193.09$8,493
Sep 201615331941.553.10$7,346
Aug 201616026441.442.92$7,402
Jul 2016015441.622.92$450
Jun 201617031345.352.69$8,550
May 201616023042.521.99$7,261
Apr 201615729236.561.99$6,321
Mar 201614929633.011.79$5,450
Feb 201615925826.472.06$4,741
Jan 201632921927.352.36$9,516
Dec 201516728632.362.00$5,977
Nov 201516424238.792.17$6,886
Oct 201516127443.552.43$7,676
Sep 201515823342.992.76$7,435
Aug 201532624240.162.87$13,787
Jul 201516433048.152.95$8,868
Jun 201516125056.152.88$9,761
May 201532324955.212.96$18,569
Apr 201517220849.822.71$9,132
Mar 201517324942.892.93$8,151
Feb 201516718544.662.98$8,009
Jan 201533228243.433.10$15,293
Dec 201414328554.693.59$8,844
Nov 201433928870.464.25$25,110
Oct 201434321978.303.90$27,711
Sep 201415515186.164.05$13,966
Aug 201418024689.394.04$17,083
Jul 201432020496.564.18$31,752
Jun 201415624398.164.74$16,464
May 201416814094.734.73$16,576
Apr 201431911395.944.81$31,148
Mar 20141674095.895.06$16,216
Feb 20143474197.406.19$34,052
Jan 201417214790.404.86$16,263
Dec 201332322791.824.35$30,646
Nov 201316021688.853.74$15,023
Oct 201332124797.423.78$32,205
Sep 2013162213104.113.72$17,658
Aug 2013311250104.253.52$33,302
Jul 2013323246102.523.72$34,029
Jun 201314622394.403.93$14,660
May 201331129894.834.15$30,729
Apr 201329325693.964.28$28,627
Mar 201316918093.623.91$16,526
Feb 201316110791.233.42$15,054
Jan 201333813791.603.42$31,429
Dec 20121717386.773.42$15,087
Nov 20121714586.953.62$15,032
Oct 20123259889.383.40$29,382
Sep 201218214794.672.92$17,659
Aug 201216513992.662.91$15,693
Jul 201231416285.133.02$27,220
Jun 201216513179.822.52$13,500
May 201216516491.612.49$15,524
Apr 2012342116101.652.00$34,996
Mar 201218184105.052.22$19,201
Feb 2012165103101.102.57$16,946
Jan 201235111198.092.73$34,733
Dec 201116310696.873.24$16,133
Nov 201130512395.723.31$29,602
Oct 201116613184.983.65$14,585
Sep 201117310983.623.99$14,901
Aug 201133613583.404.15$28,583
Jul 201116714594.144.52$16,376
Jun 201112811092.904.64$12,402
May 201133213498.134.40$33,169
Apr 2011159134105.964.33$17,428
Mar 201131213896.364.06$30,624
Feb 201113111485.644.18$11,695
Jan 201133212286.504.59$29,278
Dec 201012812885.734.35$11,530
Nov 201028911680.843.80$23,803
Oct 20101738978.103.51$13,824
Sep 201033710172.633.98$24,878
Aug 20101519173.684.42$11,528
Jul 20103349472.554.74$24,677
Jun 201017110370.364.91$12,537
May 20103459771.124.24$24,947
Apr 2010999181.694.12$8,462
Mar 20103368178.394.39$26,695
Feb 20101685173.585.44$12,639
Jan 20101683974.365.96$12,725
Dec 20091638471.445.48$12,105
Nov 200933913174.593.75$25,777
Oct 200915016172.544.11$11,543
Sep 200932412165.543.06$21,606
Aug 20093329867.423.22$22,699
Jul 200916015061.133.46$10,300
Jun 200931514866.163.90$21,417
May 200916614054.743.93$9,636
Apr 200931514946.773.59$15,267
Mar 20091678942.144.06$7,399
Feb 200931011832.814.63$10,718
Jan 200931811035.865.37$11,994
Dec 200816611437.105.98$6,840
Nov 200831311055.496.86$18,123
Oct 200815214175.246.92$12,412
Sep 2008289128101.767.88$30,417
Aug 2008286119114.228.48$33,676
Jul 2008280124131.0811.39$38,115
Jun 2008277136131.3313.03$38,151
May 2008141132123.1711.57$18,895
Apr 2008338135110.3110.45$38,696
Mar 2008168105101.909.66$18,134
Feb 200814110192.538.77$13,933
Jan 200832312590.388.21$30,218
Dec 20073066688.337.30$27,511
Nov 200713910591.677.29$13,508
Oct 200734312582.856.92$29,283
Sep 200714512975.846.24$11,802
Aug 200731111169.066.39$22,187
Jul 200714310170.906.39$10,784
Jun 20073958862.007.55$25,154
May 200715811858.747.85$10,207
Apr 200729115459.617.81$18,549
Mar 200714118056.927.30$9,340
Feb 200730214155.108.22$17,799
Jan 200732820350.306.73$17,864
Dec 200631514756.656.92$18,862
Nov 200629015654.207.62$16,906
Oct 200628817554.906.01$16,864
Sep 200616521260.085.04$10,981
Aug 200638820468.717.34$28,157
Jul 200621213569.376.34$15,563
Jun 200635612666.286.38$24,400
May 200632210166.016.42$21,904
Apr 200632616164.397.36$22,176
Mar 200632416256.707.08$19,518
Feb 20063336957.597.75$19,712
Jan 200614612060.598.93$9,918
Dec 200530113654.9413.42$18,361
Nov 200534113954.6910.59$20,121
Oct 200516612058.3413.80$11,340
Sep 20053157661.4512.08$20,275
Aug 200528512061.519.80$18,706
Jul 200532512755.697.84$19,095
Jun 200529310552.337.38$16,108
May 20051624645.226.65$7,632
Apr 20052619149.207.36$13,511
Mar 20052837050.377.15$14,756
Feb 20053115545.226.31$14,411
Jan 20053216543.166.32$14,265
Dec 20043054239.866.75$12,441
Nov 20041556345.286.33$7,417
Oct 20041496849.706.52$7,848
Sep 20042415343.245.28$10,701
Aug 20041588142.375.55$7,144
Jul 20041548338.286.08$6,400
Jun 200417313136.106.43$7,088
May 20043069037.486.49$12,053
Apr 200415810634.475.86$6,067
Mar 20042507834.365.53$9,021
Feb 20041698732.455.51$5,963
Jan 20041647332.036.30$5,713
Dec 20032735330.266.30$8,595
Nov 20031625628.804.60$4,923
Oct 200315710728.174.76$4,932
Sep 200315310826.314.75$4,538
Aug 200316611229.765.13$5,515
Jul 200333110129.415.17$10,257
Jun 20033039828.565.98$9,240
May 20031474126.595.97$4,154
Apr 20031638126.675.41$4,785
Mar 200329710331.146.10$9,876
Feb 20031489533.487.93$5,708
Jan 20031669430.315.58$5,556
Dec 20022919526.914.85$8,292
Nov 20021559624.664.14$4,219
Oct 200214711026.464.23$4,355
Sep 200230013127.443.64$8,708
Aug 200215012225.963.16$4,280
Jul 20021668824.583.06$4,350
Jun 200225411723.733.34$6,418
May 20022347524.663.58$6,039
Apr 200213512323.653.51$3,625
Mar 200223511122.003.10$5,514
Feb 200214210118.222.38$2,827
Jan 20022348517.172.38$4,220
Dec 20011999016.932.36$3,582
Nov 20012169618.072.41$4,134
Oct 200123810719.782.53$4,978
Sep 200119612324.262.25$5,032
Aug 20012428424.873.05$6,275
Jul 20012268623.933.20$5,683
Jun 20012167524.563.82$5,592
May 20012929025.524.31$7,840
Apr 20012189524.685.34$5,887
Mar 20011589424.545.38$4,383
Feb 20013116727.755.77$9,017
Jan 20011707127.478.40$5,266
Dec 2000663126.889.12$2,057
Nov 20002876832.215.66$9,629
Oct 20001396731.235.15$4,686
Sep 200030110831.875.19$10,153
Aug 20001758629.644.54$5,578
Jul 20003177628.534.09$9,355
Jun 20001557929.304.40$4,889
May 20001454127.263.68$4,104
Apr 20001643724.513.12$4,135
Mar 20002274228.422.86$6,571
Feb 20002651727.622.73$7,366
Jan 20001733725.272.48$4,463
Dec 19991641724.282.42$4,023
Nov 19993421423.192.43$7,965
Oct 19992166820.982.80$4,722
Sep 19991515621.752.62$3,431
Aug 199927410019.262.88$5,565
Jul 19991759817.892.37$3,363
Jun 199924610615.942.36$4,172
May 19992438315.792.32$4,030
Apr 19991626515.102.21$2,590
Mar 19992337412.471.84$3,042
Feb 1999216669.981.82$2,276
Jan 19992318310.381.90$2,555
Dec 1998274889.201.77$2,677
Nov 19981729110.892.19$2,072
Oct 199833910312.421.97$4,413
Sep 199817110012.592.08$2,361
Aug 199826110711.301.91$3,153
Jul 19981799311.742.24$2,310
Jun 19982047211.242.24$2,454
May 19982558012.622.21$3,395
Apr 19982699013.042.51$3,733
Mar 19983168612.802.31$4,243
Feb 199814616913.952.30$2,425
Jan 19987916914.702.15$1,525
Dec 199725316916.322.41$4,536
Nov 199724816818.193.09$5,030
Oct 199723216919.253.15$4,998
Sep 199725514717.742.95$4,958
Aug 199731015717.862.55$5,938
Jul 199718114117.582.25$3,499
Jun 199721412417.242.26$3,969
May 199725614318.972.31$5,186
Apr 199720111317.882.08$3,829
Mar 199723611618.951.94$4,697
Feb 199724510620.492.21$5,254
Jan 199722610323.483.54$5,671
Dec 199628210723.32$6,576
Nov 199622610621.97$4,965
Oct 199629412623.31$6,853
Sep 199622912022.22$5,088
Aug 199629212720.26$5,916
Jul 199616711719.55$3,265
Jun 199617910918.73$3,353
May 199632911019.43$6,392
Apr 19961659821.51$3,549
Mar 19963409419.38$6,589
Feb 19961696616.98$2,870
Jan 199617410717.07$2,970
Dec 199532810417.19$5,638
Nov 19951636816.00$2,608
Oct 19952999515.43$4,614
Sep 19951607916.18$2,589
Aug 199531310115.92$4,983
Jul 19951368915.24$2,073
Jun 19953199116.41$5,235
May 19951498417.56$2,616
Apr 19951628717.73$2,872
Mar 19953208716.44$5,261
Feb 19951815816.58$3,001
Jan 19951688515.92$2,675
Dec 19943368315.03$5,050
Nov 19941678915.90$2,655
Oct 199432610215.58$5,079
Sep 19941669415.29$2,538
Aug 19941679916.13$2,694
Jul 199431910017.56$5,602
Jun 199417010217.09$2,905
May 19941709515.88$2,700
Apr 19943209714.14$4,525
Mar 19941628512.46$2,019
Feb 19943288212.50$4,100
Jan 19941696412.66$2,140
Dec 19931648812.33$2,022
Nov 19931688014.49$2,434
Oct 19933409915.85$5,389
Sep 199316710515.03$2,510
Aug 199317010615.66$2,662
Jul 199332311615.46$4,994
Jun 199316711516.79$2,804
May 199316610817.68$2,935
Apr 199315910718.05$2,870
Mar 199335410518.14$6,422
Feb 19931747717.90$3,115
Jan 19931689016.93$2,844

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                  142 bbl  × $106.41 =    $15,110
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $15,110

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/6960 is the state's own key, not one this site invented.