LAIRD, S. S. -B- /A/C NO. 1/

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 6972District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$10.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$395 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
OilDisposition206,767 bbl$10,669,861
Casinghead gasProduction48,910 Mcf$182,001
Total$10,851,862

2,364 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 20265120106.413.05$54,482
Apr 20265304798.932.87$52,568
Mar 20263501789.753.15$31,466
Feb 2026530663.503.75$33,678
Jan 20263515259.138.00$21,171
Dec 20253588756.664.41$20,668
Nov 20255021458.593.93$29,467
Oct 202551710159.383.30$31,033
Sep 202548613262.743.08$30,898
Aug 202550314063.933.01$32,579
Jul 202534913866.743.32$23,750
Jun 202549816566.483.13$33,623
May 202552517960.553.23$32,367
Apr 20255059162.363.54$31,814
Mar 202565115467.704.27$44,730
Feb 20253287870.884.34$23,587
Jan 202566411374.324.28$49,832
Dec 20244879368.993.12$33,888
Nov 202447410569.052.20$32,961
Oct 202466012671.372.28$47,392
Sep 202452114369.612.36$36,605
Aug 202448415675.632.06$36,927
Jul 202447725579.932.15$38,674
Jun 202450628578.082.63$40,259
May 202431224178.812.20$25,119
Apr 202448428884.451.66$41,352
Mar 202448437480.301.55$39,443
Feb 202449531676.091.78$38,228
Jan 202433733773.023.30$25,719
Dec 202350141671.262.61$36,787
Nov 2023510077.892.81$39,724
Oct 202349635085.443.09$43,459
Sep 202333935089.042.74$31,142
Aug 202350434880.522.67$41,512
Jul 202348228174.852.64$36,820
Jun 202333238468.962.26$23,762
May 202350445170.622.23$36,597
Apr 202346041078.122.24$36,853
Mar 202332440572.852.39$24,573
Feb 2023495075.112.47$37,179
Jan 202343330876.533.39$34,181
Dec 202250737576.415.73$40,888
Nov 202233739785.005.65$30,887
Oct 202233732887.185.86$31,303
Sep 202232422284.888.16$29,313
Aug 202215821694.529.13$16,906
Jul 2022343207101.587.54$36,403
Jun 2022167152115.097.98$20,433
May 2022160135109.378.43$18,638
Apr 2022142262104.226.84$16,591
Mar 2022335216108.885.08$37,571
Feb 202216626291.054.86$16,387
Jan 202217819881.844.54$15,466
Dec 20213392,84771.323.90$35,278
Nov 2021173077.435.24$13,395
Oct 202132523279.795.71$27,257
Sep 202133230269.865.35$24,810
Aug 202132933466.024.22$23,130
Jul 202114824070.783.98$11,431
Jun 202115524569.493.38$11,599
May 202127927563.483.02$18,541
Apr 202147524160.362.76$29,336
Mar 202132023161.302.72$20,244
Feb 202116619657.805.55$10,682
Jan 202116019750.412.81$8,619
Dec 202031618144.642.68$14,591
Nov 2020049738.772.71$1,345
Oct 202031914436.972.48$12,150
Sep 202015911737.091.99$6,130
Aug 202032317539.982.39$13,331
Jul 202016630638.371.83$6,928
Jun 202017018434.901.69$6,244
May 202003216.921.81$58
Apr 20200014.751.80$0
Mar 202030610430.341.86$9,477
Feb 202032216149.881.98$16,380
Jan 202032217757.252.09$18,805
Dec 201916216759.012.30$9,944
Nov 201933816455.302.75$19,143
Oct 201931615953.472.42$17,281
Sep 201932019955.052.66$18,145
Aug 20193196053.112.30$17,080
Jul 20193022756.272.46$17,060
Jun 2019319952.782.49$16,859
May 2019295958.482.74$17,276
Apr 20191471662.632.75$9,251
Mar 20193151756.803.06$17,944
Feb 201929413250.852.79$15,318
Jan 201933711546.033.23$15,883
Dec 201829911246.594.19$14,399
Nov 20183341552.934.24$17,742
Oct 20182746061.443.40$17,038
Sep 20183366059.543.11$20,192
Aug 20183186259.403.07$19,079
Jul 20183416965.142.93$22,415
Jun 2018328060.183.08$19,739
May 2018499165.382.90$32,628
Apr 2018333063.842.90$21,259
Mar 2018333061.222.79$20,386
Feb 2018499061.782.77$30,828
Jan 2018481062.874.01$30,240
Dec 2017501057.272.92$28,692
Nov 2017336055.423.12$18,621
Oct 2017341049.292.98$16,808
Sep 2017484047.523.09$23,000
Aug 2017327045.373.00$14,836
Jul 20174825643.873.09$21,318
Jun 20175043542.493.09$21,523
May 20173414145.373.26$15,605
Apr 20174795147.933.21$23,122
Mar 20174983446.772.98$23,393
Feb 20174998150.452.95$25,414
Jan 20175113849.413.42$25,378
Dec 201650110848.763.72$24,831
Nov 201632913342.492.64$14,331
Oct 20164888946.193.09$22,816
Sep 201650510141.553.10$21,296
Aug 20166636441.442.92$27,662
Jul 20164856341.622.92$20,370
Jun 201650431845.352.69$23,710
May 201647636042.521.99$20,956
Apr 201650135636.561.99$19,025
Mar 201634630133.011.79$11,961
Feb 201632924026.472.06$9,204
Jan 201634431327.352.36$10,148
Dec 201549030332.362.00$16,463
Nov 201549832438.792.17$20,020
Oct 201530530543.552.43$14,023
Sep 201550330342.992.76$22,460
Aug 201548536340.162.87$20,520
Jul 201565834048.152.95$32,684
Jun 201551332056.152.88$29,727
May 201549223555.212.96$27,858
Apr 201548624149.822.71$24,865
Mar 201565921742.892.93$28,901
Feb 201548921344.662.98$22,473
Jan 201565828343.433.10$29,454
Dec 201433824254.693.59$19,354
Nov 201450328370.464.25$36,645
Oct 201448833178.303.90$39,502
Sep 201465626886.164.05$57,605
Aug 201444717889.394.04$40,676
Jul 201466318496.564.18$64,788
Jun 201449015198.164.74$48,814
May 201466420094.734.73$63,846
Apr 201452220195.944.81$51,047
Mar 201448521395.895.06$47,584
Feb 201450424097.406.19$50,576
Jan 201466615090.404.86$60,936
Dec 201347815891.824.35$44,578
Nov 201352518388.853.74$47,330
Oct 201367912597.423.78$66,621
Sep 20134920104.113.72$51,222
Aug 20135080104.253.52$52,959
Jul 20136890102.523.72$70,636
Jun 2013502094.403.93$47,389
May 20136681194.834.15$63,392
Apr 20134651393.964.28$43,747
Mar 2013649893.623.91$60,791
Feb 20135051191.233.42$46,109
Jan 2013670391.603.42$61,382
Dec 2012505086.773.42$43,819
Nov 20124913786.953.62$42,827
Oct 20126783289.383.40$60,708
Sep 20126151994.672.92$58,278
Aug 2012644092.662.91$59,673
Jul 2012500085.133.02$42,565
Jun 2012640079.822.52$51,085
May 2012500091.612.49$45,805
Apr 20126650101.652.00$67,597
Mar 20126510105.052.22$68,388
Feb 20125063101.102.57$51,164
Jan 2012742098.092.73$72,783
Dec 2011662096.873.24$64,128
Nov 2011598095.723.31$57,241
Oct 2011687084.983.65$58,381
Sep 20115002583.623.99$41,910
Aug 20116753183.404.15$56,424
Jul 20116251394.144.52$58,896
Jun 20116824092.904.64$63,543
May 2011497098.134.40$48,771
Apr 20116740105.964.33$71,417
Mar 2011517096.364.06$49,818
Feb 2011506085.644.18$43,334
Jan 2011657086.504.59$56,831
Dec 2010631485.734.35$54,113
Nov 20106563880.843.80$53,175
Oct 20106963778.103.51$54,487
Sep 20106902172.633.98$50,198
Aug 20105205673.684.42$38,561
Jul 20108073372.554.74$58,704
Jun 20106802170.364.91$47,948
May 20104843971.124.24$34,587
Apr 2010646981.694.12$52,809
Mar 20105031478.394.39$39,492
Feb 2010503273.585.44$37,022
Jan 20105171474.365.96$38,528
Dec 20096742771.445.48$48,299
Nov 2009494174.593.75$36,851
Oct 2009505072.544.11$36,633
Sep 2009522165.543.06$34,215
Aug 2009512267.423.22$34,525
Jul 2009500161.133.46$30,568
Jun 2009675166.163.90$44,662
May 20095182454.743.93$28,450
Apr 20095258646.773.59$24,863
Mar 200965327142.144.06$28,617
Feb 200948930532.814.63$17,457
Jan 200951330435.865.37$20,029
Dec 20088244937.105.98$30,863
Nov 20083493055.496.86$19,572
Oct 200852617875.246.92$40,808
Sep 200859746101.767.88$61,113
Aug 2008532235114.228.48$62,759
Jul 2008660251131.0811.39$89,372
Jun 2008788221131.3313.03$106,368
May 200850499123.1711.57$63,224
Apr 200865313110.3110.45$72,168
Mar 200867038101.909.66$68,640
Feb 2008693092.538.77$64,123
Jan 2008518290.388.21$46,833
Dec 20076951888.337.30$61,521
Nov 20076131991.677.29$56,332
Oct 20076771482.856.92$56,186
Sep 20075182075.846.24$39,410
Aug 20078175469.066.39$56,767
Jul 20076715170.906.39$47,900
Jun 20076795362.007.55$42,498
May 200765818458.747.85$40,095
Apr 200768824259.617.81$42,901
Mar 200762026156.927.30$37,196
Feb 200751910855.108.22$29,484
Jan 200768915650.306.73$35,706
Dec 20065159256.656.92$29,811
Nov 200667413454.207.62$37,552
Oct 200648521254.906.01$27,901
Sep 200666748960.085.04$42,537
Aug 200651518868.717.34$36,766
Jul 20066041569.376.34$41,995
Jun 20065282466.286.38$35,149
May 2006694066.016.42$45,811
Apr 200665713564.397.36$43,298
Mar 200667911856.707.08$39,335
Feb 20065135557.597.75$29,970
Jan 20065895960.598.93$36,215
Dec 20056865354.9413.42$38,400
Nov 20056803354.6910.59$37,539
Oct 20056791558.3413.80$39,820
Sep 20054964761.4512.08$31,047
Aug 2005662061.519.80$40,720
Jul 2005648055.697.84$36,087
Jun 20056305652.337.38$33,381
May 200579427445.226.65$37,727
Apr 20054467949.207.36$22,525
Mar 2005655650.377.15$33,035
Feb 20056182245.226.31$28,085
Jan 2005624043.166.32$26,932
Dec 20046926739.866.75$28,035
Nov 20046324545.286.33$28,902
Oct 200467010449.706.52$33,977
Sep 20047062143.245.28$30,638
Aug 20045298642.375.55$22,891
Jul 200469711638.286.08$27,387
Jun 20046958136.106.43$25,611
May 20046946737.486.49$26,446
Apr 20045998934.475.86$21,169
Mar 20047103034.365.53$24,562
Feb 20047115832.455.51$23,392
Jan 20045319732.036.30$17,619
Dec 20037138530.266.30$22,111
Nov 20035336128.804.60$15,631
Oct 200359712328.174.76$17,403
Sep 200361314626.314.75$16,821
Aug 200352814229.765.13$16,442
Jul 200351923129.415.17$16,458
Jun 200353417628.565.98$16,304
May 20036859726.595.97$18,794
Apr 200353711226.675.41$14,927
Mar 200353210331.146.10$17,194
Feb 20035496633.487.93$18,904
Jan 200368818130.315.58$21,864
Dec 200244821826.914.85$13,114
Nov 200267819524.664.14$17,526
Oct 200266516326.464.23$18,285
Sep 200247818827.443.64$13,800
Aug 200279312225.963.16$20,972
Jul 200258712524.583.06$14,811
Jun 200268211323.733.34$16,561
May 200277611824.663.58$19,559
Apr 200271411023.653.51$17,272
Mar 200269111822.003.10$15,568
Feb 200281016018.222.38$15,138
Jan 200269919317.172.38$12,460
Dec 200169417316.932.36$12,158
Nov 20018151618.072.41$14,766
Oct 20018502019.782.53$16,864
Sep 200186610424.262.25$21,243
Aug 200134711124.873.05$8,969
Jul 20015154123.933.20$12,455
Jun 20015299924.563.82$13,371
May 200135713225.524.31$9,679
Apr 200153211824.685.34$13,759
Mar 2001717024.545.38$17,595
Feb 200153613027.755.77$15,624
Jan 20015434927.478.40$15,328
Dec 20004844926.889.12$13,457
Nov 20005299032.215.66$17,548
Oct 20007164931.235.15$22,613
Sep 20007085331.875.19$22,839
Aug 20005317429.644.54$16,075
Jul 20008726128.534.09$25,128
Jun 20005367329.304.40$16,026
May 20007105827.263.68$19,568
Apr 20005285624.513.12$13,116
Mar 200071412028.422.86$20,635
Feb 200090311627.622.73$25,257
Jan 200070019125.272.48$18,163
Dec 199971921124.282.42$17,969
Nov 199952613723.192.43$12,531
Oct 199970618820.982.80$15,339
Sep 19997079221.752.62$15,618
Aug 199953215219.262.88$10,683
Jul 199969516317.892.37$12,820
Jun 199988319015.942.36$14,524
May 199965418215.792.32$10,749
Apr 199968212515.102.21$10,574
Mar 199984213712.471.84$10,752
Feb 19995431459.981.82$5,683
Jan 199976716510.381.90$8,275
Dec 19988591659.201.77$8,195
Nov 199871016110.892.19$8,084
Oct 199848514912.421.97$6,317
Sep 199885910112.592.08$11,025
Aug 199867517611.301.91$7,963
Jul 199887121911.742.24$10,716
Jun 199853018211.242.24$6,364
May 199889220612.622.21$11,712
Apr 199870019813.042.51$9,624
Mar 199854117712.802.31$7,334
Feb 19985254813.952.30$7,434
Jan 199871313114.702.15$10,763
Dec 19979066616.322.41$14,945
Nov 199772014418.193.09$13,542
Oct 19971,07414419.253.15$21,128
Sep 199785313617.742.95$15,534
Aug 199789047917.862.55$17,119
Jul 199767513617.582.25$12,172
Jun 19978854717.242.26$15,363
May 199789711018.972.31$17,270
Apr 19976953017.882.08$12,489
Mar 19978704518.951.94$16,574
Feb 19977245620.492.21$14,958
Jan 19979014523.483.54$21,315
Dec 19968984423.32$20,941
Nov 1996808121.97$17,752
Oct 1996716123.31$16,690
Sep 1996895122.22$19,887
Aug 19961,066120.26$21,597
Jul 19961,027119.55$20,078
Jun 19961,069118.73$20,022
May 1996878119.43$17,060
Apr 19961,029121.51$22,134
Mar 19961,239119.38$24,012
Feb 1996659116.98$11,190
Jan 1996884117.07$15,090
Dec 1995720117.19$12,377
Nov 19955283216.00$8,448
Oct 19955026515.43$7,746
Sep 19951793016.18$2,896
Aug 1995353115.92$5,620
Jul 19950115.24$0
Jun 19951045016.41$1,707
May 19951306917.56$2,283
Apr 19951206917.73$2,128
Mar 19951266616.44$2,071
Feb 19951158416.58$1,907
Jan 1995833615.92$1,321
Dec 19941247915.03$1,864
Nov 19941256515.90$1,988
Oct 1994914215.58$1,418
Sep 19941327715.29$2,018
Aug 19941408316.13$2,258
Jul 1994846217.56$1,475
Jun 1994393317.09$667
May 19941047315.88$1,652
Apr 19941527914.14$2,149
Mar 19941667412.46$2,068
Feb 19941467512.50$1,825
Jan 19941368512.66$1,722
Dec 19931679712.33$2,059
Nov 19931718814.49$2,478
Oct 19931608115.85$2,536
Sep 19931628615.03$2,435
Aug 19931808815.66$2,819
Jul 19931687815.46$2,597
Jun 19931387416.79$2,317
May 19931738217.68$3,059
Apr 19932168318.05$3,899
Mar 19931908118.14$3,447
Feb 19931035417.90$1,844
Jan 19931708616.93$2,878

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                  512 bbl  × $106.41 =    $54,482
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $54,482

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/6972 is the state's own key, not one this site invented.