LAIRD, S. S. -B- /A/C NO. 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 6973District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$29.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$961 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
OilDisposition657,451 bbl$28,389,752
Casinghead gasProduction190,601 Mcf$579,853
Total$28,969,605

40,015 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 20261,0250106.413.05$109,070
Apr 20261,03660898.932.87$104,236
Mar 20261,18062489.753.15$107,870
Feb 20261,04057163.503.75$68,181
Jan 202687361459.138.00$56,531
Dec 20251,19763156.664.41$70,607
Nov 20251,19562958.593.93$72,485
Oct 20251,00664059.383.30$61,851
Sep 20251,41466862.743.08$90,770
Aug 20251,01967563.933.01$67,180
Jul 20251,07969366.743.32$74,310
Jun 20251,14462166.483.13$77,996
May 202599461260.553.23$62,165
Apr 20251,03064062.363.54$66,498
Mar 20251,25566267.704.27$87,789
Feb 202596762570.884.34$71,254
Jan 20251,18867474.324.28$91,176
Dec 202499168268.993.12$70,498
Nov 20241,28167469.052.20$89,935
Oct 20241,24970371.372.28$90,745
Sep 202496564069.612.36$68,687
Aug 20241,12766575.632.06$86,607
Jul 20241,11258979.932.15$90,147
Jun 20241,15370578.082.63$91,883
May 20241,27067578.812.20$101,573
Apr 20241,23463884.451.66$105,270
Mar 20241,29469780.301.55$104,985
Feb 202495758976.091.78$73,869
Jan 20241,34162973.023.30$99,994
Dec 20231,16163671.262.61$84,393
Nov 20231,26658077.892.81$100,237
Oct 20231,32557785.443.09$114,989
Sep 202399957789.042.74$90,529
Aug 202396553780.522.67$79,137
Jul 20231,30472174.852.64$99,509
Jun 20231,12263168.962.26$78,798
May 20231,42563970.622.23$102,057
Apr 20231,55669178.122.24$123,101
Mar 20231,73428672.852.39$127,006
Feb 2023759075.112.47$57,008
Jan 202394324476.533.39$72,994
Dec 202278220176.415.73$60,904
Nov 202297128085.005.65$84,116
Oct 202297827387.185.86$86,863
Sep 202283622084.888.16$72,756
Aug 202262921394.529.13$61,397
Jul 2022655249101.587.54$68,413
Jun 2022668637115.097.98$81,962
May 2022647618109.378.43$75,974
Apr 2022665371104.226.84$71,843
Mar 2022811639108.885.08$91,546
Feb 202293837191.054.86$87,208
Jan 202281365781.844.54$69,517
Dec 202198740171.323.90$71,956
Nov 202175651977.435.24$61,255
Oct 202199738679.795.71$81,756
Sep 202181237969.865.35$58,754
Aug 202199635166.024.22$67,237
Jul 202183039970.783.98$60,336
Jun 202182833769.493.38$58,677
May 202196630763.483.02$62,248
Apr 202195729460.362.76$58,576
Mar 202192732961.302.72$57,719
Feb 202163622357.805.55$37,998
Jan 202197334250.412.81$50,010
Dec 202097033044.642.68$44,184
Nov 20201,007038.772.71$39,041
Oct 202088035636.972.48$33,416
Sep 20201,05634737.091.99$39,858
Aug 202096240739.982.39$39,432
Jul 202089637138.371.83$35,057
Jun 202094337234.901.69$33,540
May 202094536516.921.81$16,652
Apr 202096930614.751.80$14,845
Mar 202084838930.341.86$26,450
Feb 20201,12033949.881.98$56,537
Jan 202082630157.252.09$47,919
Dec 20191,08732559.012.30$64,893
Nov 201993333255.302.75$52,508
Oct 20191,14063153.472.42$62,482
Sep 20191,11741755.052.66$62,599
Aug 20191,08840853.112.30$58,724
Jul 20191,16640656.272.46$66,610
Jun 201993024252.782.49$49,688
May 201977424258.482.74$45,927
Apr 20191,09931162.632.75$69,686
Mar 20191,14629556.803.06$65,996
Feb 20191,00532350.852.79$52,006
Jan 20191,16633146.033.23$54,740
Dec 20181,18131146.594.19$56,324
Nov 20181,01533752.934.24$55,152
Oct 20181,14734361.443.40$71,637
Sep 20181,15434359.543.11$69,775
Aug 201898736659.403.07$59,750
Jul 20181,30237565.142.93$85,912
Jun 201892035460.183.08$56,455
May 20181,16835665.382.90$77,397
Apr 201899531463.842.90$64,432
Mar 20181,17532461.222.79$72,836
Feb 201885028461.782.77$53,299
Jan 20181,13829162.874.01$72,713
Dec 20171,02030557.272.92$59,306
Nov 20171,02129355.423.12$57,498
Oct 20171,00931449.292.98$50,670
Sep 20171,01031847.523.09$48,977
Aug 20171,17832545.373.00$54,422
Jul 20171,00833143.873.09$45,243
Jun 20171,01330342.493.09$43,978
May 20171,14332145.373.26$52,905
Apr 20171,03133347.933.21$50,485
Mar 20171,01033746.772.98$48,243
Feb 20171,02829250.452.95$52,725
Jan 20171,01432049.413.42$51,196
Dec 20161,18432448.763.72$58,938
Nov 20161,02434342.492.64$44,417
Oct 20161,20537246.193.09$56,809
Sep 20161,19030841.553.10$50,399
Aug 20161,02439741.442.92$43,596
Jul 20161,17741341.622.92$50,194
Jun 20161,13338845.352.69$52,424
May 20161,20141642.521.99$51,895
Apr 20161,19437736.561.99$44,403
Mar 20161,20640633.011.79$40,538
Feb 20161,17235626.472.06$31,757
Jan 20161,02128327.352.36$28,593
Dec 20151,13934932.362.00$37,557
Nov 20151,18734638.792.17$46,794
Oct 20151,18034243.552.43$52,219
Sep 20151,15335842.992.76$50,555
Aug 20151,15833840.162.87$47,476
Jul 20151,18037848.152.95$57,930
Jun 20151,32635956.152.88$75,490
May 20151,00627855.212.96$56,363
Apr 20151,15028249.822.71$58,056
Mar 20151,33427142.892.93$58,011
Feb 20151,00528044.662.98$45,717
Jan 20151,02617843.433.10$45,111
Dec 20141,36027854.693.59$75,377
Nov 201499427570.464.25$71,207
Oct 20141,32432078.303.90$104,918
Sep 20141,18138386.164.05$103,304
Aug 20141,32237789.394.04$119,695
Jul 20141,35641596.564.18$132,670
Jun 20141,19335798.164.74$118,796
May 20141,16644394.734.73$112,549
Apr 20141,38437195.944.81$134,565
Mar 20141,17835095.895.06$114,728
Feb 20141,37137897.406.19$135,876
Jan 20141,20736190.404.86$110,868
Dec 20131,36131191.824.35$126,321
Nov 20131,17037888.853.74$105,368
Oct 20131,54039497.423.78$151,516
Sep 20131,170393104.113.72$123,270
Aug 20131,206384104.253.52$127,078
Jul 20131,176386102.523.72$121,999
Jun 20131,18142294.403.93$113,146
May 20131,20839294.834.15$116,181
Apr 20131,22732193.964.28$116,664
Mar 20131,20930893.623.91$114,392
Feb 20131,21826391.233.42$112,018
Jan 20131,21729791.603.42$112,493
Dec 20121,38936886.773.42$121,782
Nov 20121,17740586.953.62$103,808
Oct 20121,38538789.383.40$125,107
Sep 20121,21641794.672.92$116,336
Aug 20121,32441292.662.91$123,880
Jul 20121,36643785.133.02$117,608
Jun 20121,38640279.822.52$111,643
May 20121,40439291.612.49$129,596
Apr 20121,236377101.652.00$126,392
Mar 20121,225379105.052.22$129,528
Feb 20121,197371101.102.57$121,970
Jan 20121,58238098.092.73$156,217
Dec 20111,20938596.873.24$118,363
Nov 20111,40233695.723.31$135,312
Oct 20111,39941884.983.65$120,412
Sep 20111,38140183.623.99$117,078
Aug 20111,30844183.404.15$110,917
Jul 20111,29546394.144.52$124,003
Jun 20111,46834692.904.64$137,983
May 20111,33528998.134.40$132,277
Apr 20111,162382105.964.33$124,781
Mar 20111,43736696.364.06$139,954
Feb 20111,11810585.644.18$96,184
Jan 20111,54335786.504.59$135,108
Dec 20101,44439285.734.35$125,498
Nov 20101,38536980.843.80$113,364
Oct 20101,38431178.103.51$109,182
Sep 20101,21230172.633.98$89,225
Aug 20101,52733173.684.42$113,972
Jul 20101,30130172.554.74$95,813
Jun 20101,38327270.364.91$98,644
May 20101,38431471.124.24$99,760
Apr 20101,51925381.694.12$125,130
Mar 20101,54625178.394.39$122,293
Feb 20101,24225473.585.44$92,769
Jan 20101,30925474.365.96$98,852
Dec 20091,56724571.445.48$113,290
Nov 20091,40426774.593.75$105,726
Oct 20091,49325072.544.11$109,330
Sep 20091,56021765.543.06$102,907
Aug 20091,56321867.423.22$106,079
Jul 20091,57226561.133.46$97,014
Jun 20091,55826466.163.90$104,106
May 20091,56929454.743.93$87,041
Apr 20091,59726046.773.59$75,624
Mar 20091,38134842.144.06$59,608
Feb 20091,47932932.814.63$50,050
Jan 20091,57230735.865.37$58,021
Dec 20081,74712837.105.98$65,579
Nov 20081,51827255.496.86$86,100
Oct 20081,67427875.246.92$127,876
Sep 20081,571273101.767.88$162,015
Aug 20081,575267114.228.48$182,161
Jul 20081,745293131.0811.39$232,072
Jun 20081,748245131.3313.03$232,758
May 20081,922202123.1711.57$239,071
Apr 20081,746182110.3110.45$194,504
Mar 20081,734185101.909.66$178,482
Feb 20081,94410192.538.77$180,764
Jan 20081,81616590.388.21$165,484
Dec 20072,18614388.337.30$194,134
Nov 20071,63223091.677.29$151,283
Oct 20072,04526982.856.92$171,290
Sep 20071,48026975.846.24$113,923
Aug 20071,90127169.066.39$133,014
Jul 20071,77226770.906.39$127,340
Jun 20071,40426862.007.55$89,071
May 20071,50815058.747.85$89,757
Apr 200798020759.617.81$60,033
Mar 20075039156.927.30$29,295
Feb 20071202255.108.22$6,793
Jan 20072708450.306.73$14,146
Dec 200627311356.656.92$16,247
Nov 20062738754.207.62$15,459
Oct 200632611954.906.01$18,613
Sep 20061336760.085.04$8,328
Aug 20062262868.717.34$15,734
Jul 20061,2229669.376.34$85,379
Jun 200662514666.286.38$42,357
May 20061,1671,04166.016.42$83,722
Apr 200660515764.397.36$40,112
Mar 20061,1901,04556.707.08$74,875
Feb 200687331057.597.75$52,679
Jan 200674431560.598.93$47,893
Dec 20051,25312654.9413.42$70,530
Nov 20051,2044354.6910.59$66,302
Oct 20052552058.3413.80$15,153
Sep 20057661461.4512.08$47,240
Aug 20051,14511961.519.80$71,595
Jul 20051,4904355.697.84$83,315
Jun 20051,53355452.337.38$84,311
May 20051,21352045.226.65$58,310
Apr 200572646149.207.36$39,112
Mar 200573517550.377.15$38,274
Feb 20051,83942445.226.31$85,836
Jan 20051,18143243.166.32$53,703
Dec 20041,38845139.866.75$58,370
Nov 20041,38650545.286.33$65,955
Oct 20041,62157049.706.52$84,277
Sep 20041,47431143.245.28$65,379
Aug 20041,83845442.375.55$80,396
Jul 20041,95879638.286.08$79,795
Jun 20041,60164236.106.43$61,926
May 20041,35446537.486.49$53,768
Apr 20041,40636534.475.86$50,603
Mar 20041,50952434.365.53$54,747
Feb 20041,77962132.455.51$61,150
Jan 20041,86259932.036.30$63,413
Dec 20031,82162330.266.30$59,029
Nov 20031,61362128.804.60$49,308
Oct 20031,98371428.174.76$59,259
Sep 20032,09177026.314.75$58,671
Aug 20032,31784229.765.13$73,273
Jul 20032,05058929.415.17$63,336
Jun 20031,98565128.565.98$60,587
May 20032,44689226.595.97$70,367
Apr 20032,13872226.675.41$60,925
Mar 20032,3461,01931.146.10$79,266
Feb 20032,20834533.487.93$76,658
Jan 20032,40050830.315.58$75,580
Dec 20022,6027726.914.85$70,394
Nov 20022,43679324.664.14$63,352
Oct 20022,41175726.464.23$66,997
Sep 20021,66751727.443.64$47,622
Aug 20022,33662025.963.16$62,604
Jul 20021,89048424.583.06$47,938
Jun 20021,61831023.733.34$39,430
May 20021,95451924.663.58$50,046
Apr 20021,99753623.653.51$49,112
Mar 20022,00851122.003.10$45,761
Feb 20021,77242118.222.38$33,286
Jan 20021,56334417.172.38$27,654
Dec 20011,83653716.932.36$32,353
Nov 20012,12152918.072.41$39,599
Oct 20012,57969219.782.53$52,763
Sep 20012,56776424.262.25$63,995
Aug 20012,43166424.873.05$62,486
Jul 20012,16941123.933.20$53,218
Jun 20011,26443524.563.82$32,707
May 20012,11859425.524.31$56,610
Apr 20012,03053624.685.34$52,960
Mar 20011,31942624.545.38$34,659
Feb 20011,38030427.755.77$40,048
Jan 20011,44418627.478.40$41,229
Dec 20005158826.889.12$14,646
Nov 20001,71150032.215.66$57,940
Oct 20002,33056231.235.15$75,658
Sep 20001,73157431.875.19$58,144
Aug 20002,28936429.644.54$69,499
Jul 20001,85067328.534.09$55,533
Jun 20002,20559829.304.40$67,236
May 20001,78246627.263.68$50,292
Apr 20001,83258224.513.12$46,716
Mar 20001,80460528.422.86$53,000
Feb 20001,55445927.622.73$44,173
Jan 20001,91453025.272.48$49,681
Dec 19992,04957224.282.42$51,136
Nov 19991,67940423.192.43$39,919
Oct 19992,21772820.982.80$48,554
Sep 19991,45447321.752.62$32,863
Aug 19991,78753019.262.88$35,942
Jul 19991,92853817.892.37$35,768
Jun 19991,62240015.942.36$26,800
May 19991,52040115.792.32$24,932
Apr 19991,34369415.102.21$21,812
Mar 19991,93580812.471.84$25,615
Feb 19991,9085919.981.82$20,116
Jan 19991,60752910.381.90$17,686
Dec 19982,2777409.201.77$22,261
Nov 199878470310.892.19$10,074
Oct 19982,2621,11512.421.97$30,290
Sep 19982,00696512.592.08$27,265
Aug 19981,68691411.301.91$20,795
Jul 19982,7161,03511.742.24$34,201
Jun 19982,06792311.242.24$25,298
May 19982,43753912.622.21$31,944
Apr 19982,48666913.042.51$34,094
Mar 19982,56769912.802.31$34,472
Feb 19982,34261113.952.30$34,076
Jan 19982,57368114.702.15$39,291
Dec 19972,73563416.322.41$46,164
Nov 19972,47794718.193.09$47,981
Oct 19972,5321,11019.253.15$52,237
Sep 19972,4671,03517.742.95$46,823
Aug 19972,68970117.862.55$49,816
Jul 19972,05441917.582.25$37,051
Jun 19972,08862617.242.26$37,410
May 19972,63758118.972.31$51,365
Apr 19972,66658417.882.08$48,884
Mar 19972,85533618.951.94$54,754
Feb 19973,40674820.492.21$71,439
Jan 19972,5081,01323.483.54$62,474
Dec 19962,58169223.32$60,189
Nov 19963,3221,20321.97$72,984
Oct 19963,0481,01723.31$71,049
Sep 19963,0461,86022.22$67,682
Aug 19961,5352,04020.26$31,099
Jul 19962,7221,49519.55$53,215
Jun 19962,87862018.73$53,905
May 19963,34851619.43$65,052
Apr 19962,83837621.51$61,045
Mar 19963,43878019.38$66,628
Feb 19963,07068616.98$52,129
Jan 19962,92964817.07$49,998
Dec 19953,51669117.19$60,440
Nov 19953,81976516.00$61,104
Oct 19953,87785515.43$59,822
Sep 19953,94486416.18$63,814
Aug 19953,62878515.92$57,758
Jul 19954,1231,23415.24$62,835
Jun 19953,70762016.41$60,832
May 19953,62469117.56$63,637
Apr 19953,67377617.73$65,122
Mar 19953,73772216.44$61,436
Feb 19953,41462416.58$56,604
Jan 19952,98947615.92$47,585
Dec 19944,06773415.03$61,127
Nov 19943,61368115.90$57,447
Oct 19943,54064915.58$55,153
Sep 19943,83883515.29$58,683
Aug 19943,55280616.13$57,294
Jul 19943,59676617.56$63,146
Jun 19943,54071317.09$60,499
May 19943,99275415.88$63,393
Apr 19943,93176414.14$55,584
Mar 19943,58447012.46$44,657
Feb 19942,71159012.50$33,888
Jan 19943,26878012.66$41,373
Dec 19933,6761,59912.33$45,325
Nov 19933,54913714.49$51,425
Oct 19933,5501,07615.85$56,268
Sep 19933,52186715.03$52,921
Aug 19933,29744815.66$51,631
Jul 19933,75064115.46$57,975
Jun 19933,97744516.79$66,774
May 19933,82072017.68$67,538
Apr 19933,9231,05018.05$70,810
Mar 19933,6041,10018.14$65,377
Feb 19933,72799917.90$66,713
Jan 19934,3001,35516.93$72,799

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                1,025 bbl  × $106.41 =   $109,070
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                 $109,070

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/6973 is the state's own key, not one this site invented.