MCDAVID, EULA

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 6977District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$4.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$73 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
OilDisposition112,688 bbl$4,151,811
Casinghead gasProduction31,962 Mcf$106,052
Total$4,257,863

9,756 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 2026880106.413.05$9,364
Apr 202686098.932.87$8,508
Mar 202690089.753.15$8,078
Feb 202675063.503.75$4,763
Jan 202672059.138.00$4,257
Dec 202587056.664.41$4,929
Nov 202583058.593.93$4,863
Oct 202581059.383.30$4,810
Sep 202582062.743.08$5,145
Aug 202590063.933.01$5,754
Jul 2025912366.743.32$6,150
Jun 2025884066.483.13$5,975
May 20259214760.553.23$6,046
Apr 2025841162.363.54$5,277
Mar 202577067.704.27$5,213
Feb 2025782070.884.34$5,615
Jan 202592074.324.28$6,837
Dec 202493068.993.12$6,416
Nov 202485069.052.20$5,869
Oct 202497171.372.28$6,925
Sep 2024983169.612.36$6,895
Aug 2024884775.632.06$6,752
Jul 20241094679.932.15$8,811
Jun 2024121078.082.63$9,448
May 202457078.812.20$4,492
Apr 2024884884.451.66$7,511
Mar 20241004480.301.55$8,098
Feb 20241072976.091.78$8,193
Jan 2024943173.023.30$6,966
Dec 2023129071.262.61$9,193
Nov 20231683377.892.81$13,178
Oct 2023963385.443.09$8,304
Sep 2023943389.042.74$8,460
Aug 20231414380.522.67$11,468
Jul 20231204974.852.64$9,111
Jun 2023133068.962.26$9,172
May 2023140070.622.23$9,887
Apr 2023136078.122.24$10,624
Mar 2023130072.852.39$9,471
Feb 2023127075.112.47$9,539
Jan 2023127076.533.39$9,719
Dec 20221214876.415.73$9,521
Nov 20221141885.005.65$9,792
Oct 202229787.185.86$2,569
Sep 202228084.888.16$2,377
Aug 202229094.529.13$2,741
Jul 2022270101.587.54$2,743
Jun 20222825115.097.98$3,422
May 20223031109.378.43$3,543
Apr 2022273104.226.84$2,834
Mar 2022295108.885.08$3,183
Feb 202226391.054.86$2,382
Jan 202228081.844.54$2,292
Dec 202130071.323.90$2,140
Nov 202130077.435.24$2,323
Oct 202129079.795.71$2,314
Sep 202129069.865.35$2,026
Aug 202127066.024.22$1,783
Jul 202132070.783.98$2,265
Jun 202127069.493.38$1,876
May 202129063.483.02$1,841
Apr 202128060.362.76$1,690
Mar 202147061.302.72$2,881
Feb 202137157.805.55$2,144
Jan 202144050.412.81$2,218
Dec 202044044.642.68$1,964
Nov 202022038.772.71$853
Oct 202031036.972.48$1,146
Sep 202030037.091.99$1,113
Aug 2020532239.982.39$2,171
Jul 202034038.371.83$1,305
Jun 202032034.901.69$1,117
May 202037016.921.81$626
Apr 202021014.751.80$310
Mar 202029030.341.86$880
Feb 202034049.881.98$1,696
Jan 202032057.252.09$1,832
Dec 201932059.012.30$1,888
Nov 201934055.302.75$1,880
Oct 201930053.472.42$1,604
Sep 201928055.052.66$1,541
Aug 201934053.112.30$1,806
Jul 201926056.272.46$1,463
Jun 201948052.782.49$2,533
May 201973058.482.74$4,269
Apr 2019592062.632.75$3,750
Mar 201965456.803.06$3,704
Feb 201946050.852.79$2,339
Jan 201983046.033.23$3,820
Dec 201856246.594.19$2,617
Nov 2018566752.934.24$3,248
Oct 2018444461.443.40$2,853
Sep 2018484459.543.11$2,995
Aug 201856759.403.07$3,348
Jul 2018554265.142.93$3,706
Jun 2018725560.183.08$4,502
May 2018709465.382.90$4,849
Apr 2018759063.842.90$5,049
Mar 2018829361.222.79$5,279
Feb 20181277661.782.77$8,056
Jan 20181626262.874.01$10,434
Dec 2017105057.272.92$6,013
Nov 201780055.423.12$4,434
Oct 201772049.292.98$3,549
Sep 2017115047.523.09$5,465
Aug 20171175045.373.00$5,459
Jul 20171191843.873.09$5,276
Jun 20171211142.493.09$5,175
May 20171242445.373.26$5,704
Apr 20171263747.933.21$6,158
Mar 20171293546.772.98$6,138
Feb 2017125050.452.95$6,306
Jan 2017140049.413.42$6,917
Dec 20161232148.763.72$6,076
Nov 20161124342.492.64$4,873
Oct 2016125046.193.09$5,774
Sep 20161211041.553.10$5,059
Aug 2016142841.442.92$5,908
Jul 2016123041.622.92$5,119
Jun 2016894145.352.69$4,146
May 2016101442.521.99$4,302
Apr 2016102336.561.99$3,735
Mar 2016109633.011.79$3,609
Feb 2016134326.472.06$3,553
Jan 2016148027.352.36$4,048
Dec 20151291632.362.00$4,206
Nov 20151351538.792.17$5,269
Oct 2015121043.552.43$5,270
Sep 2015992142.992.76$4,314
Aug 2015942440.162.87$3,844
Jul 2015131048.152.95$6,308
Jun 201592056.152.88$5,166
May 2015123055.212.96$6,791
Apr 2015104049.822.71$5,181
Mar 201587142.892.93$3,734
Feb 201582044.662.98$3,662
Jan 201586043.433.10$3,735
Dec 201495054.693.59$5,196
Nov 2014120470.464.25$8,472
Oct 2014129078.303.90$10,101
Sep 2014133386.164.05$11,471
Aug 2014142089.394.04$12,693
Jul 2014137096.564.18$13,229
Jun 2014123098.164.74$12,074
May 2014120094.734.73$11,368
Apr 2014126095.944.81$12,088
Mar 2014126095.895.06$12,082
Feb 2014122097.406.19$11,883
Jan 2014170290.404.86$15,378
Dec 2013181091.824.35$16,619
Nov 20132111688.853.74$18,807
Oct 2013197097.423.78$19,192
Sep 20132060104.113.72$21,447
Aug 20131820104.253.52$18,974
Jul 20132540102.523.72$26,040
Jun 2013237094.403.93$22,373
May 2013264094.834.15$25,035
Apr 2013133093.964.28$12,497
Mar 2013186093.623.91$17,413
Feb 2013159091.233.42$14,506
Jan 2013181091.603.42$16,580
Dec 2012159086.773.42$13,796
Nov 2012173086.953.62$15,042
Oct 2012133089.383.40$11,888
Sep 2012148094.672.92$14,011
Aug 2012171092.662.91$15,845
Jul 2012228085.133.02$19,410
Jun 2012193079.822.52$15,405
May 2012155091.612.49$14,200
Apr 20121450101.652.00$14,739
Mar 20121550105.052.22$16,283
Feb 201214627101.102.57$14,830
Jan 20121644698.092.73$16,213
Dec 20111646096.873.24$16,081
Nov 2011242095.723.31$23,164
Oct 2011256084.983.65$21,755
Sep 2011211283.623.99$17,652
Aug 20112064783.404.15$17,375
Jul 20111468794.144.52$14,137
Jun 20111357392.904.64$12,880
May 20111546698.134.40$15,403
Apr 201117046105.964.33$18,213
Mar 20111405196.364.06$13,697
Feb 20111382885.644.18$11,935
Jan 20111731986.504.59$15,052
Dec 20101621885.734.35$13,967
Nov 2010167080.843.80$13,500
Oct 20101684078.103.51$13,261
Sep 20101761572.633.98$12,843
Aug 20101792273.684.42$13,286
Jul 2010212372.554.74$15,395
Jun 20101792870.364.91$12,732
May 2010231071.124.24$16,429
Apr 2010176081.694.12$14,377
Mar 2010167178.394.39$13,096
Feb 2010186073.585.44$13,686
Jan 2010230074.365.96$17,103
Dec 2009259071.445.48$18,503
Nov 2009372074.593.75$27,747
Oct 2009281072.544.11$20,384
Sep 2009330065.543.06$21,628
Aug 2009303067.423.22$20,428
Jul 2009313961.133.46$19,165
Jun 200918213966.163.90$12,583
May 200916713554.743.93$9,672
Apr 200916210046.773.59$7,935
Mar 200917218142.144.06$7,983
Feb 200915512432.814.63$5,660
Jan 200918514835.865.37$7,429
Dec 20081818437.105.98$7,217
Nov 200819512655.496.86$11,685
Oct 20082129975.246.92$16,636
Sep 2008172171101.767.88$18,850
Aug 2008178108114.228.48$21,247
Jul 2008184145131.0811.39$25,770
Jun 2008150187131.3313.03$22,137
May 2008181146123.1711.57$23,984
Apr 200817394110.3110.45$20,066
Mar 200820282101.909.66$21,376
Feb 20081999492.538.77$19,238
Jan 200821112290.388.21$20,071
Dec 20072276988.337.30$20,555
Nov 20071788891.677.29$16,959
Oct 200723020782.856.92$20,488
Sep 200722613775.846.24$17,995
Aug 200722912269.066.39$16,594
Jul 200727114970.906.39$20,166
Jun 20072569762.007.55$16,604
May 20072379158.747.85$14,635
Apr 20072301059.617.81$13,788
Mar 20072302856.927.30$13,296
Feb 20072585955.108.22$14,701
Jan 20072567450.306.73$13,375
Dec 20062675656.656.92$15,513
Nov 20062268254.207.62$12,874
Oct 20062946254.906.01$16,513
Sep 20062886760.085.04$17,641
Aug 20062504668.717.34$17,515
Jul 20062795569.376.34$19,703
Jun 20062775766.286.38$18,723
May 20063104466.016.42$20,746
Apr 20062385264.397.36$15,708
Mar 20062143756.707.08$12,396
Feb 20062889557.597.75$17,322
Jan 200634115160.598.93$22,010
Dec 200533614654.9413.42$20,418
Nov 200533712454.6910.59$19,743
Oct 200534624058.3413.80$23,497
Sep 200534111661.4512.08$22,356
Aug 20052699861.519.80$17,506
Jul 200537613955.697.84$22,030
Jun 200539914852.337.38$21,972
May 200539516645.226.65$18,966
Apr 200543516649.207.36$22,624
Mar 200542515950.377.15$22,545
Feb 200538012545.226.31$17,973
Jan 20053259143.166.32$14,602
Dec 20043318939.866.75$13,795
Nov 20042917745.286.33$13,664
Oct 200443214749.706.52$22,428
Sep 200442014943.245.28$18,948
Aug 200438311842.375.55$16,883
Jul 200440513738.286.08$16,337
Jun 200443415136.106.43$16,639
May 200443414537.486.49$17,208
Apr 200440228434.475.86$15,521
Mar 200442918434.365.53$15,758
Feb 200441417832.455.51$14,415
Jan 200449917932.036.30$17,111
Dec 200351221830.266.30$16,867
Nov 200344313428.804.60$13,374
Oct 20034379328.174.76$12,753
Sep 20034194026.314.75$11,214
Aug 20034148829.765.13$12,772
Jul 20034188229.415.17$12,717
Jun 20034118028.565.98$12,217
May 20034204326.595.97$11,425
Apr 20034198126.675.41$11,613
Mar 200345317531.146.10$15,173
Feb 200340313333.487.93$14,547
Jan 200342011830.315.58$13,389
Dec 200244915926.914.85$12,854
Nov 200242015624.664.14$11,003
Oct 200246617826.464.23$13,083
Sep 200247716827.443.64$13,700
Aug 200247517925.963.16$12,897
Jul 200251916824.583.06$13,271
Jun 200253413323.733.34$13,116
May 200257424124.663.58$15,019
Apr 200258723023.653.51$14,690
Mar 200264625222.003.10$14,994
Feb 200238217018.222.38$7,364
Jan 200240620317.172.38$7,453
Dec 200139523416.932.36$7,241
Nov 200138512618.072.41$7,260
Oct 200143411319.782.53$8,870
Sep 200138510424.262.25$9,574
Aug 200147111624.873.05$12,068
Jul 200151016823.933.20$12,741
Jun 20014948924.563.82$12,473
May 200157316225.524.31$15,321
Apr 200151514224.685.34$13,468
Mar 20014498524.545.38$11,475
Feb 200147610427.755.77$13,809
Jan 20014759827.478.40$13,871
Dec 20004746626.889.12$13,343
Nov 20005058232.215.66$16,730
Oct 20003778331.235.15$12,201
Sep 20003839431.875.19$12,694
Aug 20003567929.644.54$10,911
Jul 200037010028.534.09$10,965
Jun 200045011129.304.40$13,673
May 200044711727.263.68$12,616
Apr 200044010724.513.12$11,118
Mar 20004547528.422.86$13,117
Feb 20003909727.622.73$11,036
Jan 20004459925.272.48$11,491
Dec 199946210324.282.42$11,467
Nov 199943010623.192.43$10,230
Oct 199945311420.982.80$9,824
Sep 19994519221.752.62$10,050
Aug 19994599819.262.88$9,122
Jul 19994119717.892.37$7,583
Jun 199939112015.942.36$6,516
May 199942312615.792.32$6,972
Apr 199944814615.102.21$7,087
Mar 19993546412.471.84$4,532
Feb 1999410829.981.82$4,241
Jan 19994698710.381.90$5,034
Dec 19984701139.201.77$4,524
Nov 199845711810.892.19$5,235
Oct 199845112612.421.97$5,850
Sep 199851318812.592.08$6,850
Aug 199853325011.301.91$6,500
Jul 19985616411.742.24$6,729
Jun 199852419511.242.24$6,326
May 199862823312.622.21$8,439
Apr 199865122813.042.51$9,060
Mar 199865521812.802.31$8,887
Feb 199835613413.952.30$5,274
Jan 199858019914.702.15$8,955
Dec 199761218516.322.41$10,434
Nov 199760219118.193.09$11,540
Oct 199765918119.253.15$13,256
Sep 199760719717.742.95$11,350
Aug 199765616717.862.55$12,143
Jul 199767716317.582.25$12,268
Jun 199743116017.242.26$7,792
May 199755622518.972.31$11,067
Apr 199754417917.882.08$10,100
Mar 199759319418.951.94$11,614
Feb 199751919120.492.21$11,056
Jan 199755324723.483.54$13,859
Dec 199655228723.32$12,873
Nov 199652621621.97$11,556
Oct 199663334523.31$14,755
Sep 199671832722.22$15,954
Aug 199665623020.26$13,291
Jul 199657313719.55$11,202
Jun 199656016218.73$10,489
May 199657036119.43$11,075
Apr 199658221221.51$12,519
Mar 199659025219.38$11,434
Feb 199655211116.98$9,373
Jan 199657912217.07$9,884
Dec 199557015117.19$9,798
Nov 199556720916.00$9,072
Oct 199556122715.43$8,656
Sep 199556421416.18$9,126
Aug 199555129215.92$8,772
Jul 199558333115.24$8,885
Jun 199569735316.41$11,438
May 199569925517.56$12,274
Apr 199554529117.73$9,663
Mar 199560313216.44$9,913
Feb 19955328716.58$8,821
Jan 199559810615.92$9,520
Dec 199460511515.03$9,093
Nov 199456511315.90$8,984
Oct 199458611015.58$9,130
Sep 199459011315.29$9,021
Aug 199470116816.13$11,307
Jul 199471319617.56$12,520
Jun 199469718517.09$11,912
May 199471616615.88$11,370
Apr 199463617614.14$8,993
Mar 199473218012.46$9,121
Feb 199460015112.50$7,500
Jan 199473518312.66$9,305
Dec 199373018212.33$9,001
Nov 199370319214.49$10,186
Oct 199373420915.85$11,634
Sep 199377022215.03$11,573
Aug 199377522715.66$12,137
Jul 199373023015.46$11,286
Jun 199369822116.79$11,719
May 199373222817.68$12,942
Apr 199374220818.05$13,393
Mar 199366418518.14$12,045
Feb 199361617017.90$11,026
Jan 199375821616.93$12,833

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                   88 bbl  × $106.41 =     $9,364
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $9,364

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/6977 is the state's own key, not one this site invented.