LAWRENCE, H. M.

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 6974District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$20.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$595 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
OilDisposition384,375 bbl$19,290,016
Casinghead gasProduction241,927 Mcf$850,137
Total$20,140,152

35,244 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 20266700106.413.05$71,295
Apr 202681948298.932.87$82,407
Mar 202669446489.753.15$63,748
Feb 202647038063.503.75$31,270
Jan 202648226459.138.00$30,612
Dec 202581617256.664.41$46,994
Nov 202564745058.593.93$39,675
Oct 202568043359.383.30$41,809
Sep 202581646662.743.08$52,630
Aug 202548142363.933.01$32,026
Jul 202566041966.743.32$45,437
Jun 202584545166.483.13$57,587
May 202564044960.553.23$40,203
Apr 202547429762.363.54$30,611
Mar 202564928167.704.27$45,137
Feb 202563534070.884.34$46,485
Jan 202546119074.324.28$35,074
Dec 202446031268.993.12$32,709
Nov 202444530269.052.20$31,391
Oct 202477151771.372.28$56,206
Sep 202453348669.612.36$38,251
Aug 202459848575.632.06$46,228
Jul 202462341679.932.15$50,689
Jun 202461835878.082.63$49,196
May 202461954078.812.20$49,971
Apr 202447544684.451.66$40,854
Mar 202480047180.301.55$64,968
Feb 202464247176.091.78$49,690
Jan 202476829573.023.30$57,052
Dec 202362152371.262.61$45,618
Nov 202371257777.892.81$57,078
Oct 202376157485.443.09$66,792
Sep 202386054189.042.74$78,054
Aug 202379961080.522.67$65,966
Jul 202365658074.852.64$50,634
Jun 202374960168.962.26$53,008
May 202379956170.622.23$57,675
Apr 202377556578.122.24$61,807
Mar 202379052972.852.39$58,817
Feb 2023773075.112.47$58,060
Jan 202379745476.533.39$62,532
Dec 202285636876.415.73$67,515
Nov 202280258585.005.65$71,473
Oct 202297066287.185.86$88,446
Sep 202280258784.888.16$72,866
Aug 202276361594.529.13$77,732
Jul 2022829676101.587.54$89,308
Jun 2022772654115.097.98$94,067
May 2022633362109.378.43$72,284
Apr 2022638362104.226.84$68,968
Mar 2022460353108.885.08$51,877
Feb 202249036891.054.86$46,403
Jan 202259846981.844.54$51,068
Dec 202174950471.323.90$55,384
Nov 202162051277.435.24$50,688
Oct 202173350379.795.71$61,360
Sep 202162549669.865.35$46,317
Aug 202174358266.024.22$51,509
Jul 202161758370.783.98$45,993
Jun 202164843569.493.38$46,500
May 202171449763.483.02$46,825
Apr 202178850760.362.76$48,962
Mar 202159960661.302.72$38,365
Feb 202149442657.805.55$30,917
Jan 202187451850.412.81$45,514
Dec 202077260544.642.68$36,081
Nov 202095559538.772.71$38,636
Oct 202091366536.972.48$35,402
Sep 202077061037.091.99$29,774
Aug 202094572539.982.39$39,510
Jul 202079468938.371.83$31,723
Jun 202093965234.901.69$33,873
May 202090965816.921.81$16,574
Apr 202083350614.751.80$13,200
Mar 202093463830.341.86$29,522
Feb 202091858549.881.98$46,949
Jan 202092657757.252.09$54,222
Dec 201983657759.012.30$50,662
Nov 201993958755.302.75$53,541
Oct 201995861753.472.42$52,717
Sep 201979264655.052.66$45,316
Aug 201993467853.112.30$51,167
Jul 201988164156.272.46$51,151
Jun 201990060052.782.49$48,997
May 201976051358.482.74$45,851
Apr 201980856562.632.75$52,159
Mar 201977715056.803.06$44,593
Feb 201995113850.852.79$48,744
Jan 201982720446.033.23$38,725
Dec 201897218246.594.19$46,047
Nov 201899130452.934.24$53,742
Oct 201883125361.443.40$51,916
Sep 201882125359.543.11$49,669
Aug 20181,06354459.403.07$64,810
Jul 201895348965.142.93$63,512
Jun 201881660860.183.08$50,978
May 201899265865.382.90$66,766
Apr 201894457663.842.90$61,936
Mar 201887051961.222.79$54,708
Feb 20181,01454661.782.77$64,155
Jan 201894958262.874.01$61,997
Dec 201796330557.272.92$56,042
Nov 201777957355.423.12$44,959
Oct 20171,12866149.292.98$57,571
Sep 201796066547.523.09$47,672
Aug 201791370545.373.00$43,541
Jul 20171,02967043.873.09$47,211
Jun 201779063542.493.09$35,528
May 201798360245.373.26$46,563
Apr 201794762747.933.21$47,403
Mar 20171,12663646.772.98$54,561
Feb 20171,07555450.452.95$55,869
Jan 201793654849.413.42$48,121
Dec 201692357348.763.72$47,139
Nov 201696062942.492.64$42,454
Oct 20161,09564146.193.09$52,559
Sep 201699061141.553.10$43,029
Aug 20161,14366341.442.92$49,305
Jul 20161,12364641.622.92$48,628
Jun 20161,09368145.352.69$51,397
May 20161,0921,05842.521.99$48,538
Apr 20161,1371,08636.561.99$43,731
Mar 20161,1431,12233.011.79$39,743
Feb 201692994126.472.06$26,533
Jan 20161,1691,02227.352.36$34,389
Dec 20151,1161,02732.362.00$38,169
Nov 20151,1601,03338.792.17$47,235
Oct 20151,1431,24243.552.43$52,791
Sep 20151,1591,24042.992.76$53,246
Aug 20151,1241,20240.162.87$48,593
Jul 20151,10675548.152.95$55,477
Jun 20151,13666756.152.88$65,709
May 20151,15765455.212.96$65,811
Apr 20151,03370349.822.71$53,367
Mar 20151,33070042.892.93$59,098
Feb 201596461544.662.98$44,883
Jan 20151,32868443.433.10$59,796
Dec 20141,17970054.693.59$66,993
Nov 20141,18566770.464.25$86,331
Oct 20141,14264378.303.90$91,927
Sep 20141,17370086.164.05$103,897
Aug 20141,31186889.394.04$120,693
Jul 20141,2571,13196.564.18$126,103
Jun 201499794098.164.74$102,318
May 20141,01977194.734.73$100,174
Apr 20141,16695095.944.81$116,435
Mar 201484176695.895.06$84,517
Feb 201480768397.406.19$82,831
Jan 20141,14285390.404.86$107,383
Dec 20131,28889291.824.35$122,148
Nov 201399590088.853.74$91,770
Oct 20131,18197097.423.78$118,719
Sep 20139861,000104.113.72$106,370
Aug 20131,2821,094104.253.52$137,502
Jul 2013961967102.523.72$102,117
Jun 20138401,03694.403.93$83,371
May 20131,19186994.834.15$116,548
Apr 20131,03190793.964.28$100,757
Mar 201386785593.623.91$84,514
Feb 20131,04983191.233.42$98,542
Jan 20131,06899391.603.42$101,225
Dec 20121,22798986.773.42$109,849
Nov 201287390486.953.62$79,184
Oct 20121,1961,01689.383.40$110,353
Sep 20121,0391,05694.672.92$101,444
Aug 20121,0481,12492.662.91$100,376
Jul 20121,0391,08985.133.02$91,740
Jun 20128801,03579.822.52$72,849
May 20121,2271,11791.612.49$115,185
Apr 20121,016985101.652.00$105,243
Mar 20121,2001,052105.052.22$128,398
Feb 2012999930101.102.57$103,389
Jan 20121,1941,04998.092.73$119,988
Dec 20111,0321,11596.873.24$103,582
Nov 20111,2211,19695.723.31$120,834
Oct 20111,2071,13284.983.65$106,701
Sep 20111,0321,07983.623.99$90,597
Aug 20111,1831,05283.404.15$103,027
Jul 20111,1511,14294.144.52$113,514
Jun 20111,0241,17592.904.64$100,581
May 20111,3621,15898.134.40$138,754
Apr 20119901,016105.964.33$109,303
Mar 20111,20394096.364.06$119,735
Feb 20111,06283285.644.18$94,427
Jan 20111,03493986.504.59$93,750
Dec 20101,23394385.734.35$109,805
Nov 20101,11293580.843.80$93,443
Oct 20101,2021,02778.103.51$97,480
Sep 20101,1661,03272.633.98$88,793
Aug 20101,2251,10773.684.42$95,150
Jul 20101,1311,01872.554.74$86,876
Jun 201078762570.364.91$58,442
May 20101,22080471.124.24$90,172
Apr 20101,13581781.694.12$96,086
Mar 20101,17880778.394.39$95,885
Feb 201070766273.585.44$55,624
Jan 20101,02484674.365.96$81,190
Dec 20091,03685071.445.48$78,673
Nov 20091,00787974.593.75$78,410
Oct 200993595772.544.11$71,758
Sep 20091,08791965.543.06$74,058
Aug 200990997967.423.22$64,436
Jul 20099861,04261.133.46$63,884
Jun 20091,1421,02466.163.90$79,543
May 200982491554.743.93$48,698
Apr 200987687446.773.59$44,106
Mar 20091,00388042.144.06$45,838
Feb 200987576332.814.63$32,244
Jan 200996684235.865.37$39,163
Dec 20081,07784137.105.98$44,983
Nov 200880285855.496.86$50,389
Oct 20081,07997075.246.92$87,898
Sep 2008665902101.767.88$74,776
Aug 20081,1371,084114.228.48$139,064
Jul 20081,081755131.0811.39$150,297
Jun 20081,128687131.3313.03$157,094
May 20081,049637123.1711.57$136,578
Apr 20081,432638110.3110.45$164,634
Mar 2008999775101.909.66$109,288
Feb 200895869292.538.77$94,713
Jan 20081,23776490.388.21$118,069
Dec 20071,15980088.337.30$108,216
Nov 20071,10782791.677.29$107,509
Oct 20071,32568582.856.92$114,518
Sep 20071,16472975.846.24$92,830
Aug 20071,62077869.066.39$116,847
Jul 20071,34070270.906.39$99,490
Jun 20071,23672662.007.55$82,112
May 200786269158.747.85$56,056
Apr 200786260559.617.81$56,106
Mar 200786245756.927.30$52,402
Feb 200766022655.108.22$38,223
Jan 200746620650.306.73$24,826
Dec 200649030656.656.92$29,876
Nov 200659028254.207.62$34,126
Oct 200665834054.906.01$38,169
Sep 200655934160.085.04$35,302
Aug 200684635768.717.34$60,749
Jul 200669252569.376.34$51,334
Jun 200660940166.286.38$42,924
May 200699455566.016.42$69,180
Apr 200660938164.397.36$42,018
Mar 20061,035056.707.08$58,685
Feb 200654226457.597.75$33,260
Jan 2006426060.598.93$25,811
Dec 200580432454.9413.42$48,518
Nov 2005742054.6910.59$40,580
Oct 200583742958.3413.80$54,749
Sep 2005531061.4512.08$32,630
Aug 200567534961.519.80$44,938
Jul 200562339355.697.84$37,777
Jun 200576842752.337.38$43,341
May 200565733145.226.65$31,911
Apr 200558844149.207.36$32,176
Mar 200580445050.377.15$43,717
Feb 200552838045.226.31$26,275
Jan 200569534043.166.32$32,146
Dec 200486138339.866.75$36,905
Nov 200479630245.286.33$37,955
Oct 200475235649.706.52$39,694
Sep 200462148543.245.28$29,415
Aug 200454839042.375.55$25,384
Jul 200460845038.286.08$26,012
Jun 200435344936.106.43$15,632
May 200453638737.486.49$22,603
Apr 200455834534.475.86$21,255
Mar 200457239734.365.53$21,849
Feb 200486046532.455.51$30,469
Jan 200477943632.036.30$27,698
Dec 200371839030.266.30$24,184
Nov 200363039428.804.60$19,954
Oct 200374332928.174.76$22,496
Sep 200373535726.314.75$21,033
Aug 200358527429.765.13$18,815
Jul 200356114329.415.17$17,238
Jun 200361739628.565.98$19,991
May 200383349926.595.97$25,130
Apr 200371245326.675.41$21,439
Mar 200387550731.146.10$30,338
Feb 200373554833.487.93$28,951
Jan 200393956530.315.58$31,615
Dec 200275446826.914.85$22,562
Nov 200287155524.664.14$23,775
Oct 200261141726.464.23$17,931
Sep 200291246827.443.64$26,727
Aug 2002886025.963.16$23,001
Jul 200288944824.583.06$23,223
Jun 200279539123.733.34$20,171
May 200275144324.663.58$20,107
Apr 200262933323.653.51$16,045
Mar 200266930022.003.10$15,649
Feb 2002715018.222.38$13,027
Jan 200278941217.172.38$14,526
Dec 200173244116.932.36$13,435
Nov 2001610018.072.41$11,023
Oct 200174746319.782.53$15,947
Sep 200174840424.262.25$19,056
Aug 200198744324.873.05$25,899
Jul 200182144023.933.20$21,053
Jun 200176943124.563.82$20,535
May 200176949025.524.31$21,735
Apr 200195453624.685.34$26,404
Mar 20011,104024.545.38$27,092
Feb 200189747627.755.77$27,637
Jan 200171742927.478.40$23,299
Dec 200024443726.889.12$10,545
Nov 200053245732.215.66$19,721
Oct 200076248431.235.15$26,288
Sep 200063148431.875.19$22,620
Aug 200074447029.644.54$24,186
Jul 200076149728.534.09$23,744
Jun 200094151829.304.40$29,849
May 20001,06147727.263.68$30,678
Apr 200097147724.513.12$25,286
Mar 200091953228.422.86$27,639
Feb 200081439727.622.73$23,565
Jan 200090542325.272.48$23,919
Dec 199989348724.282.42$22,862
Nov 19991,04850323.192.43$25,527
Oct 199989242620.982.80$19,909
Sep 199973634821.752.62$16,919
Aug 199977730919.262.88$15,854
Jul 199994738417.892.37$17,853
Jun 199982038215.942.36$13,973
May 199985938915.792.32$14,466
Apr 199969938015.102.21$11,394
Mar 199984339212.471.84$11,233
Feb 19997203689.981.82$7,855
Jan 199990843810.381.90$10,257
Dec 19989963479.201.77$9,779
Nov 199885432810.892.19$10,017
Oct 199893728312.421.97$12,195
Sep 19981,04837112.592.08$13,967
Aug 19981,07738611.301.91$12,906
Jul 19981,02348511.742.24$13,095
Jun 199897045311.242.24$11,916
May 19981,03143512.622.21$13,971
Apr 19981,06847313.042.51$15,112
Mar 19981,00041912.802.31$13,768
Feb 19981,00741613.952.30$15,004
Jan 19981,11747714.702.15$17,448
Dec 19971,13035416.322.41$19,295
Nov 19971,11743518.193.09$21,662
Oct 19971,11543419.253.15$22,831
Sep 19971,14248817.742.95$21,701
Aug 19971,12247417.862.55$21,250
Jul 199793037417.582.25$17,190
Jun 199791336917.242.26$16,573
May 199797237818.972.31$19,311
Apr 199797834617.882.08$18,207
Mar 19971,05736218.951.94$20,732
Feb 199798530720.492.21$20,860
Jan 19971,17052023.483.54$29,312
Dec 19961,17754923.32$27,448
Nov 19961,19056321.97$26,144
Oct 19961,22061823.31$28,438
Sep 19961,06153022.22$23,575
Aug 19961,14966220.26$23,279
Jul 19961,25162519.55$24,457
Jun 19961,05653618.73$19,779
May 19961,26366119.43$24,540
Apr 19961,25662621.51$27,017
Mar 19961,39466219.38$27,016
Feb 19961,28963316.98$21,887
Jan 19961,37166517.07$23,403
Dec 19951,31564717.19$22,605
Nov 19951,24760016.00$19,952
Oct 19951,30767515.43$20,167
Sep 19951,32067616.18$21,358
Aug 19951,30968415.92$20,839
Jul 19951,30167915.24$19,827
Jun 19951,32168616.41$21,678
May 19951,39563917.56$24,496
Apr 19951,33768617.73$23,705
Mar 19951,38780216.44$22,802
Feb 19951,35664316.58$22,482
Jan 19951,40361215.92$22,336
Dec 19941,44248815.03$21,673
Nov 19941,21647815.90$19,334
Oct 19941,44073915.58$22,435
Sep 19941,45575315.29$22,247
Aug 19941,55688816.13$25,098
Jul 19941,45889217.56$25,602
Jun 19941,46989117.09$25,105
May 19941,57186215.88$24,947
Apr 19941,65188414.14$23,345
Mar 19941,73086612.46$21,556
Feb 19941,52572412.50$19,063
Jan 19941,69472712.66$21,446
Dec 19931,54976612.33$19,099
Nov 19931,77179114.49$25,662
Oct 19931,63782015.85$25,946
Sep 19931,79195615.03$26,919
Aug 19931,73391115.66$27,139
Jul 19932,0441,01215.46$31,600
Jun 19931,98296416.79$33,278
May 19931,84086117.68$32,531
Apr 19931,94093618.05$35,017
Mar 19932,1431,00218.14$38,874
Feb 19931,73177217.90$30,985
Jan 19932,15290216.93$36,433

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                  670 bbl  × $106.41 =    $71,295
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $71,295

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/6974 is the state's own key, not one this site invented.