KNOWLES, J. A.

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 6968District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$10.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$252 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
OilDisposition183,331 bbl$9,571,611
Casinghead gasProduction131,116 Mcf$507,937
Total$10,079,548

13,003 Mcf of this lease's gas, across 46 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 20263520106.413.05$37,456
Apr 202641525398.932.87$41,782
Mar 202627031389.753.15$25,218
Feb 202633829863.503.75$22,581
Jan 202618419559.138.00$12,440
Dec 202518011656.664.41$10,711
Nov 202525019058.593.93$15,394
Oct 202526024659.383.30$16,252
Sep 202515226562.743.08$10,352
Aug 202535825363.933.01$23,650
Jul 202517645666.743.32$13,258
Jun 202533137466.483.13$23,175
May 202532346660.553.23$21,064
Apr 202516239662.363.54$11,505
Mar 202547538167.704.27$33,784
Feb 202517332570.884.34$13,673
Jan 202534738874.324.28$27,449
Dec 202415237668.993.12$11,660
Nov 202435435869.052.20$25,231
Oct 202419142571.372.28$14,601
Sep 202433729969.612.36$24,166
Aug 202417129575.632.06$13,542
Jul 202418146879.932.15$15,472
Jun 202416333778.082.63$13,615
May 202433140478.812.20$26,974
Apr 202418434984.451.66$16,118
Mar 202434831580.301.55$28,431
Feb 202434733476.091.78$26,999
Jan 202437935573.023.30$28,845
Dec 202315824771.262.61$11,904
Nov 2023340077.892.81$26,483
Oct 202332839285.443.09$29,235
Sep 202333139289.042.74$30,544
Aug 202316145580.522.67$14,180
Jul 202335542474.852.64$27,692
Jun 202317141068.962.26$12,718
May 202332638270.622.23$23,873
Apr 202333736978.122.24$27,152
Mar 202333939772.852.39$25,646
Feb 2023167075.112.47$12,543
Jan 202350947476.533.39$40,560
Dec 202214748376.415.73$13,999
Nov 202235952585.005.65$33,479
Oct 202232942587.185.86$31,174
Sep 202233946484.888.16$32,562
Aug 202235646894.529.13$37,921
Jul 2022177345101.587.54$20,582
Jun 2022501375115.097.98$60,652
May 2022172360109.378.43$21,848
Apr 2022343334104.226.84$38,031
Mar 2022511360108.885.08$57,465
Feb 202216933491.054.86$17,010
Jan 202233637581.844.54$29,200
Dec 202135330971.323.90$26,381
Nov 2021530077.435.24$41,038
Oct 202133140479.795.71$28,719
Sep 202134545669.865.35$26,542
Aug 202134151566.024.22$24,686
Jul 202134552870.783.98$26,522
Jun 202132047369.493.38$23,836
May 202134651063.483.02$23,503
Apr 202151051760.362.76$32,210
Mar 202134052861.302.72$22,277
Feb 202134254557.805.55$22,791
Jan 202133449550.412.81$18,228
Dec 202037141144.642.68$17,661
Nov 202034944938.772.71$14,746
Oct 202048150636.972.48$19,037
Sep 202032352137.091.99$13,017
Aug 202049455439.982.39$21,071
Jul 202033354038.371.83$13,763
Jun 202034549834.901.69$12,882
May 202035040016.921.81$6,648
Apr 202035829814.751.80$5,818
Mar 202048644030.341.86$15,562
Feb 202035740849.881.98$18,615
Jan 202035439757.252.09$21,098
Dec 201934737659.012.30$21,343
Nov 201935438955.302.75$20,646
Oct 201958643653.472.42$32,388
Sep 201937146055.052.66$21,646
Aug 201935049553.112.30$19,729
Jul 201936645256.272.46$21,707
Jun 201952141352.782.49$28,527
May 201934141358.482.74$21,073
Apr 201934636962.632.75$22,685
Mar 201933437956.803.06$20,132
Feb 201955333150.852.79$29,044
Jan 201937041446.033.23$18,368
Dec 201835937746.594.19$18,304
Nov 201834737552.934.24$19,956
Oct 201836835761.443.40$23,823
Sep 201835235759.543.11$22,068
Aug 201852149259.403.07$32,456
Jul 201818146265.142.93$13,145
Jun 201851250360.183.08$32,360
May 201835850565.382.90$24,871
Apr 201850743863.842.90$33,637
Mar 201837047161.222.79$23,964
Feb 201852042061.782.77$33,287
Jan 201835149762.874.01$24,060
Dec 201752118657.272.92$30,381
Nov 201734642955.423.12$20,513
Oct 201751415549.292.98$25,798
Sep 2017360047.523.09$17,107
Aug 2017353045.373.00$16,016
Jul 2017512043.873.09$22,461
Jun 2017345042.493.09$14,659
May 2017330045.373.26$14,972
Apr 201750736147.933.21$25,460
Mar 201752546246.772.98$25,933
Feb 201733747950.452.95$18,416
Jan 201752238049.413.42$27,091
Dec 201650150448.763.72$26,305
Nov 201632646742.492.64$15,087
Oct 201653850346.193.09$26,405
Sep 201651353941.553.10$22,986
Aug 201634854041.442.92$16,000
Jul 201650459341.622.92$22,711
Jun 201648656145.352.69$23,547
May 201651948842.521.99$23,040
Apr 201633944336.561.99$13,276
Mar 201652248133.011.79$18,094
Feb 201635145026.472.06$10,220
Jan 201654047727.352.36$15,897
Dec 201552048132.362.00$17,790
Nov 201553845938.792.17$21,864
Oct 201536049043.552.43$16,867
Sep 201552449342.992.76$23,887
Aug 201554339640.162.87$22,944
Jul 201552847648.152.95$26,825
Jun 201554239956.152.88$31,584
May 201553723955.212.96$30,354
Apr 201536236149.822.71$19,012
Mar 201536436142.892.93$16,671
Feb 201552934644.662.98$24,655
Jan 201554937643.433.10$25,009
Dec 201437136154.693.59$21,586
Nov 201455830170.464.25$40,596
Oct 201454538278.303.90$44,164
Sep 201452139986.164.05$46,503
Aug 201453041389.394.04$49,043
Jul 201454133496.564.18$53,635
Jun 201435730798.164.74$36,497
May 201471526894.734.73$68,999
Apr 20143592195.944.81$34,543
Mar 201454817395.895.06$53,423
Feb 201436737697.406.19$38,074
Jan 201454234090.404.86$50,649
Dec 201373020191.824.35$67,904
Nov 201350927888.853.74$46,264
Oct 201356420197.423.78$55,705
Sep 2013553264104.113.72$58,554
Aug 2013577300104.253.52$61,209
Jul 2013377216102.523.72$39,453
Jun 201353122094.403.93$50,992
May 201357021394.834.15$54,937
Apr 201355522493.964.28$53,107
Mar 201353523793.623.91$51,014
Feb 201355915391.233.42$51,521
Jan 201374817591.603.42$69,115
Dec 201237023886.773.42$32,919
Nov 201253821786.953.62$47,566
Oct 201251127989.383.40$46,622
Sep 201254523294.672.92$52,272
Aug 201255132392.662.91$51,995
Jul 201267233885.133.02$58,228
Jun 201236923579.822.52$30,046
May 201253832291.612.49$50,087
Apr 2012510221101.652.00$52,283
Mar 2012717272105.052.22$75,925
Feb 2012371251101.102.57$38,153
Jan 201254536098.092.73$54,443
Dec 201155134096.873.24$54,477
Nov 201151130895.723.31$49,933
Oct 201166430484.983.65$57,536
Sep 201154534983.623.99$46,964
Aug 201154235883.404.15$46,688
Jul 201152238094.144.52$50,858
Jun 201164840792.904.64$62,088
May 201156033398.134.40$56,420
Apr 2011545327105.964.33$59,165
Mar 201153242496.364.06$52,984
Feb 201138330385.644.18$34,067
Jan 201174436186.504.59$66,013
Dec 201036628085.734.35$32,595
Nov 201066636180.843.80$55,210
Oct 201049137078.103.51$39,645
Sep 201045640672.633.98$34,735
Aug 201054545073.684.42$42,144
Jul 201050933072.554.74$38,491
Jun 201070047370.364.91$51,575
May 201051948871.124.24$38,978
Apr 201051049281.694.12$43,690
Mar 201053345678.394.39$43,783
Feb 201052033173.585.44$40,063
Jan 201053144174.365.96$42,115
Dec 200954446971.445.48$41,435
Nov 200966645374.593.75$51,376
Oct 200952843872.544.11$40,101
Sep 200952747865.543.06$36,005
Aug 200950748867.423.22$35,753
Jul 200967221761.133.46$41,831
Jun 200951747866.163.90$36,067
May 200953520154.743.93$30,075
Apr 200970043646.773.59$34,303
Mar 200949147642.144.06$22,623
Feb 200953943032.814.63$19,677
Jan 200954947435.865.37$22,233
Dec 200852252337.105.98$22,492
Nov 200871151055.496.86$42,952
Oct 200850751575.246.92$41,712
Sep 2008513433101.767.88$55,614
Aug 2008542436114.228.48$65,606
Jul 2008714384131.0811.39$97,965
Jun 2008488470131.3313.03$70,214
May 2008975456123.1711.57$125,369
Apr 2008734444110.3110.45$85,610
Mar 2008520457101.909.66$57,404
Feb 200855846792.538.77$55,728
Jan 200874940890.388.21$71,043
Dec 200754249888.337.30$51,511
Nov 200750249491.677.29$49,620
Oct 200751351982.856.92$46,095
Sep 200751948275.846.24$42,371
Aug 200753232569.066.39$38,816
Jul 200745833470.906.39$34,606
Jun 200754138462.007.55$36,441
May 200770348658.747.85$45,108
Apr 200752754559.617.81$35,668
Mar 200753963656.927.30$35,324
Feb 2007519055.108.22$28,597
Jan 2007507050.306.73$25,502
Dec 2006677056.656.92$38,352
Nov 2006525054.207.62$28,455
Oct 2006514054.906.01$28,219
Sep 2006631060.085.04$37,910
Aug 2006334068.717.34$22,949
Jul 2006685069.376.34$47,518
Jun 2006654066.286.38$43,347
May 2006549066.016.42$36,239
Apr 200670055064.397.36$49,121
Mar 200666624756.707.08$39,512
Feb 200651466557.597.75$34,756
Jan 200652861560.598.93$37,486
Dec 200564972854.9413.42$45,422
Nov 200550043154.6910.59$31,909
Oct 200552031258.3413.80$34,641
Sep 200550351461.4512.08$37,118
Aug 200550160861.519.80$36,773
Jul 200552012055.697.84$29,900
Jun 200552112652.337.38$28,194
May 200555469845.226.65$29,694
Apr 200536128549.207.36$19,859
Mar 200570927850.377.15$37,701
Feb 200550727045.226.31$24,631
Jan 200536623643.166.32$17,289
Dec 200437520739.866.75$16,345
Nov 200447723745.286.33$23,099
Oct 200447841749.706.52$26,473
Sep 200437032443.245.28$17,711
Aug 200471138442.375.55$32,257
Jul 200445522038.286.08$18,756
Jun 200455932436.106.43$22,264
May 200435220737.486.49$14,537
Apr 200430417334.475.86$11,492
Mar 200450123034.365.53$18,486
Feb 200447233032.455.51$17,135
Jan 200455828932.036.30$19,693
Dec 200360830630.266.30$20,326
Nov 200337534128.804.60$12,367
Oct 200336331128.174.76$11,706
Sep 200351921026.314.75$14,652
Aug 200354531829.765.13$17,850
Jul 200355038429.415.17$18,161
Jun 200335842728.565.98$12,779
May 200354330426.595.97$16,254
Apr 200355026826.675.41$16,118
Mar 200337225631.146.10$13,145
Feb 200331411133.487.93$11,392
Jan 200333814830.315.58$11,071
Dec 200237225326.914.85$11,239
Nov 200253421824.664.14$14,070
Oct 200244028326.464.23$12,839
Sep 200254818727.443.64$15,717
Aug 200243116625.963.16$11,714
Jul 200254922224.583.06$14,174
Jun 200251316423.733.34$12,721
May 200247029224.663.58$12,637
Apr 200236423323.653.51$9,427
Mar 200254530422.003.10$12,933
Feb 200233925418.222.38$6,780
Jan 200250329717.172.38$9,342
Dec 200151132716.932.36$9,424
Nov 200152323318.072.41$10,011
Oct 200136212419.782.53$7,474
Sep 200145712624.262.25$11,370
Aug 200138318424.873.05$10,087
Jul 200154021723.933.20$13,616
Jun 200142937624.563.82$11,974
May 200146537025.524.31$13,461
Apr 200136630524.685.34$10,660
Mar 200159036724.545.38$16,452
Feb 200135344727.755.77$12,374
Jan 200142534127.478.40$14,539
Dec 200037717926.889.12$11,767
Nov 200036116932.215.66$12,584
Oct 200046939931.235.15$16,700
Sep 200047723931.875.19$16,442
Aug 200046316729.644.54$14,482
Jul 200034125628.534.09$10,776
Jun 200040227129.304.40$12,970
May 200053727827.263.68$15,662
Apr 200026822024.513.12$7,254
Mar 200037824328.422.86$11,438
Feb 200032019727.622.73$9,376
Jan 200028523025.272.48$7,772
Dec 199931727124.282.42$8,354
Nov 199938424823.192.43$9,509
Oct 199936429020.982.80$8,450
Sep 199939219721.752.62$9,042
Aug 199951922919.262.88$10,654
Jul 199936032417.892.37$7,209
Jun 199955026615.942.36$9,395
May 199956434415.792.32$9,704
Apr 199953331915.102.21$8,753
Mar 199955344012.471.84$7,705
Feb 19993794049.981.82$4,517
Jan 199938229510.381.90$4,526
Dec 19983411869.201.77$3,467
Nov 199839422110.892.19$4,774
Oct 199845627612.421.97$6,207
Sep 199838229112.592.08$5,415
Aug 199851924611.301.91$6,334
Jul 19984058311.742.24$4,940
Jun 199840817311.242.24$4,973
May 199840315312.622.21$5,423
Apr 19984584113.042.51$6,075
Mar 19984528812.802.31$5,989
Feb 19983789613.952.30$5,494
Jan 199856726414.702.15$8,904
Dec 199742517816.322.41$7,365
Nov 199752724718.193.09$10,349
Oct 199745924719.253.15$9,614
Sep 199750429617.742.95$9,816
Aug 199755326517.862.55$10,554
Jul 199741632717.582.25$8,048
Jun 199738431517.242.26$7,331
May 199741429718.972.31$8,539
Apr 199745830517.882.08$8,824
Mar 199744342018.951.94$9,209
Feb 199745733320.492.21$10,098
Jan 199745035223.483.54$11,812
Dec 199638428723.32$8,955
Nov 199648730021.97$10,699
Oct 199648038223.31$11,189
Sep 199645136122.22$10,021
Aug 199650841720.26$10,292
Jul 199658538919.55$11,437
Jun 199637632418.73$7,042
May 19963611119.43$7,014
Apr 1996420021.51$9,034
Mar 1996447019.38$8,663
Feb 19963892816.98$6,605
Jan 199653325017.07$9,098
Dec 199556528617.19$9,712
Nov 199537329316.00$5,968
Oct 199534926515.43$5,385
Sep 199537215816.18$6,019
Aug 199552021715.92$8,278
Jul 199551025915.24$7,772
Jun 199535326816.41$5,793
May 199550822717.56$8,920
Apr 199555025317.73$9,752
Mar 199558227216.44$9,568
Feb 199557022616.58$9,451
Jan 199556924015.92$9,058
Dec 199435824415.03$5,381
Nov 199453524615.90$8,507
Oct 199454324515.58$8,460
Sep 199434828715.29$5,321
Aug 199455231916.13$8,904
Jul 199453032217.56$9,307
Jun 199452431617.09$8,955
May 199452831315.88$8,385
Apr 199454331214.14$7,678
Mar 199455532012.46$6,915
Feb 199452125912.50$6,513
Jan 199456629812.66$7,166
Dec 199356129312.33$6,917
Nov 199361929514.49$8,969
Oct 199355232015.85$8,749
Sep 199369732715.03$10,476
Aug 199348634015.66$7,611
Jul 199365033415.46$10,049
Jun 199353733616.79$9,016
May 199352133417.68$9,211
Apr 199366530718.05$12,003
Mar 199360132918.14$10,902
Feb 199353728717.90$9,612
Jan 199356030716.93$9,481

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                  352 bbl  × $106.41 =    $37,456
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $37,456

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/6968 is the state's own key, not one this site invented.