SEXTON, J. T. -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 7012District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$27.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$539 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
OilDisposition664,212 bbl$26,459,576
Casinghead gasProduction159,377 Mcf$496,487
Total$26,956,063

46,441 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 20266610106.413.05$70,337
Apr 202667416298.932.87$67,144
Mar 202670118389.753.15$63,491
Feb 202663614163.503.75$40,915
Jan 20266378059.138.00$38,306
Dec 202576511956.664.41$43,870
Nov 20255528558.593.93$32,675
Oct 202559210159.383.30$35,487
Sep 20255329462.743.08$33,667
Aug 202558711463.933.01$37,871
Jul 20255933966.743.32$39,706
Jun 20255362066.483.13$35,696
May 20255595060.553.23$34,009
Apr 20256094162.363.54$38,123
Mar 20255852067.704.27$39,690
Feb 20255625570.884.34$40,073
Jan 20256022074.324.28$44,826
Dec 20246706468.993.12$46,423
Nov 20246546369.052.20$45,297
Oct 20246537371.372.28$46,771
Sep 202465118869.612.36$45,761
Aug 202467721375.632.06$51,641
Jul 202467519779.932.15$54,376
Jun 202467121678.082.63$52,961
May 202462725578.812.20$49,974
Apr 202458022484.451.66$49,353
Mar 202469222280.301.55$55,911
Feb 202465217476.091.78$49,921
Jan 202458818673.023.30$43,549
Dec 202368020071.262.61$48,979
Nov 202370022177.892.81$55,143
Oct 202361222085.443.09$52,968
Sep 202359922089.042.74$53,937
Aug 202365125180.522.67$53,089
Jul 202357124674.852.64$43,389
Jun 202350023568.962.26$35,011
May 202362916970.622.23$44,796
Apr 202353718978.122.24$42,373
Mar 202351018772.852.39$37,601
Feb 2023574075.112.47$43,113
Jan 202347117876.533.39$36,649
Dec 202244617176.415.73$35,059
Nov 202250415585.005.65$43,715
Oct 202250419287.185.86$45,065
Sep 202255120084.888.16$48,402
Aug 202260422194.529.13$59,107
Jul 2022418192101.587.54$43,909
Jun 2022501198115.097.98$59,240
May 2022575199109.378.43$64,566
Apr 202241396104.226.84$43,699
Mar 202251715108.885.08$56,367
Feb 20225519691.054.86$50,635
Jan 20225676981.844.54$46,716
Dec 202165916271.323.90$47,632
Nov 202158215177.435.24$45,855
Oct 202157110179.795.71$46,137
Sep 202165319169.865.35$46,641
Aug 202153219066.024.22$35,925
Jul 202179623970.783.98$57,293
Jun 202154722269.493.38$38,762
May 202147016863.483.02$30,343
Apr 202149915660.362.76$30,550
Mar 20214234261.302.72$26,044
Feb 20214243857.805.55$24,718
Jan 202148518150.412.81$24,958
Dec 202048411244.642.68$21,905
Nov 202051216538.772.71$20,297
Oct 202059819036.972.48$22,579
Sep 202048520237.091.99$18,391
Aug 202065719039.982.39$26,720
Jul 202038413538.371.83$14,980
Jun 202043713534.901.69$15,479
May 202060519116.921.81$10,583
Apr 202069821214.751.80$10,678
Mar 202067519730.341.86$20,845
Feb 202064418349.881.98$32,485
Jan 202060312957.252.09$34,792
Dec 201960417759.012.30$36,050
Nov 201965818555.302.75$36,896
Oct 201971022953.472.42$38,518
Sep 201969224355.052.66$38,740
Aug 201927724853.112.30$15,283
Jul 201971424256.272.46$40,772
Jun 201975825352.782.49$40,638
May 201971325358.482.74$42,390
Apr 201964221062.632.75$40,786
Mar 201966923156.803.06$38,707
Feb 201961119450.852.79$31,611
Jan 201964912046.033.23$30,261
Dec 201879116946.594.19$37,560
Nov 201880722052.934.24$43,647
Oct 201877723561.443.40$48,537
Sep 201880723559.543.11$48,779
Aug 201885726859.403.07$51,728
Jul 201879425265.142.93$52,460
Jun 201874026660.183.08$45,352
May 201880226165.382.90$53,192
Apr 201883024663.842.90$53,701
Mar 201877126161.222.79$47,928
Feb 201865620661.782.77$41,098
Jan 201884723562.874.01$54,193
Dec 201789120957.272.92$51,638
Nov 201779621455.423.12$44,782
Oct 201784325349.292.98$42,306
Sep 201789427847.523.09$43,341
Aug 20171,01228045.373.00$46,756
Jul 20171,01731043.873.09$45,573
Jun 201792327742.493.09$40,073
May 20171,03325245.373.26$47,690
Apr 20171,01324847.933.21$49,350
Mar 201798824446.772.98$46,937
Feb 201785221750.452.95$43,624
Jan 201798321649.413.42$49,308
Dec 201695121548.763.72$47,171
Nov 20161,01321042.492.64$43,598
Oct 20161,20323746.193.09$56,299
Sep 20161,12316941.553.10$47,185
Aug 20161,29528141.442.92$54,487
Jul 20161,15328041.622.92$48,807
Jun 20161,13428145.352.69$52,182
May 20161,26128142.521.99$54,177
Apr 20161,13524636.561.99$41,985
Mar 20161,14626133.011.79$38,298
Feb 20161,05524426.472.06$28,429
Jan 20161,12523227.352.36$31,317
Dec 201578729132.362.00$26,050
Nov 20151,07627738.792.17$42,338
Oct 20151,15532143.552.43$51,079
Sep 20151,06832642.992.76$46,813
Aug 20151,16833440.162.87$47,866
Jul 20151,17533948.152.95$57,575
Jun 20151,13930856.152.88$64,843
May 20151,15129555.212.96$64,419
Apr 20151,07829849.822.71$54,513
Mar 20151,25429142.892.93$54,638
Feb 20151,10025344.662.98$49,879
Jan 20151,26527843.433.10$55,801
Dec 20141,20624954.693.59$66,850
Nov 20141,60124370.464.25$113,840
Oct 20141,24129778.303.90$98,329
Sep 20141,22633986.164.05$107,004
Aug 20141,26436889.394.04$114,474
Jul 20141,25637596.564.18$122,847
Jun 20141,16237098.164.74$115,815
May 20141,20040794.734.73$115,600
Apr 20141,06232795.944.81$103,461
Mar 20141,03832295.895.06$101,162
Feb 201493825397.406.19$92,928
Jan 20141,00319490.404.86$91,614
Dec 20131,11716791.824.35$103,290
Nov 20131,01327088.853.74$91,014
Oct 20131,12529297.423.78$110,701
Sep 20131,075274104.113.72$112,937
Aug 20131,096299104.253.52$115,311
Jul 20131,074353102.523.72$111,419
Jun 20131,16335294.403.93$111,172
May 20131,11333294.834.15$106,923
Apr 20131,03127293.964.28$98,038
Mar 20131,22632493.623.91$116,046
Feb 20131,14725091.233.42$105,496
Jan 20131,11429991.603.42$103,065
Dec 20121,01531286.773.42$89,139
Nov 201216131286.953.62$15,130
Oct 20121,05732589.383.40$95,580
Sep 201299735194.672.92$95,410
Aug 20121,10335592.662.91$103,236
Jul 20121,09036285.133.02$93,885
Jun 20121,12034379.822.52$90,262
May 20121,18732991.612.49$109,560
Apr 20121,045333101.652.00$106,889
Mar 20121,170335105.052.22$123,653
Feb 20121,115314101.102.57$113,534
Jan 20121,16427598.092.73$114,929
Dec 20111,10828796.873.24$108,262
Nov 20111,08025195.723.31$104,209
Oct 20111,09330184.983.65$93,981
Sep 20111,04228283.623.99$88,256
Aug 20111,11927583.404.15$94,466
Jul 20111,08526394.144.52$103,330
Jun 20111,15221592.904.64$108,018
May 20111,12415298.134.40$110,968
Apr 20111,202206105.964.33$128,257
Mar 20111,32923696.364.06$129,020
Feb 20111,23721685.644.18$106,840
Jan 20111,42528386.504.59$124,561
Dec 20101,34021185.734.35$115,796
Nov 20101,32923380.843.80$108,321
Oct 20101,23726778.103.51$97,547
Sep 20101,30628872.633.98$96,001
Aug 20101,43929873.684.42$107,342
Jul 20101,46627172.554.74$107,642
Jun 20101,30827270.364.91$93,367
May 20101,39629571.124.24$100,533
Apr 20101,47328081.694.12$121,484
Mar 20101,69230078.394.39$133,952
Feb 20101,47937973.585.44$110,887
Jan 20101,58046374.365.96$120,250
Dec 20091,56640571.445.48$114,096
Nov 20091,69736174.593.75$127,934
Oct 20091,47737172.544.11$108,666
Sep 20091,65140665.543.06$109,451
Aug 20091,52140167.423.22$103,836
Jul 20091,51344361.133.46$94,024
Jun 20091,55924166.163.90$104,082
May 20091,66637854.743.93$92,681
Apr 20091,58626246.773.59$75,117
Mar 20091,52730342.144.06$65,578
Feb 20091,42228532.814.63$47,976
Jan 200970931335.865.37$27,106
Dec 20081,76527837.105.98$67,143
Nov 20081,56021955.496.86$88,067
Oct 20081,81818275.246.92$138,046
Sep 20081,202202101.767.88$123,907
Aug 20081,856272114.228.48$214,300
Jul 20081,994293131.0811.39$264,711
Jun 20081,875389131.3313.03$251,313
May 20081,881217123.1711.57$234,194
Apr 20081,969356110.3110.45$220,922
Mar 20081,942381101.909.66$201,572
Feb 20081,84128892.538.77$172,874
Jan 20081,67326790.388.21$153,397
Dec 20071,80126188.337.30$160,988
Nov 20071,54324391.677.29$143,219
Oct 20071,78839582.856.92$150,870
Sep 20071,70427375.846.24$130,936
Aug 20071,53636869.066.39$108,427
Jul 20071,72240970.906.39$124,702
Jun 20071,59231962.007.55$101,112
May 20071,49632558.747.85$90,425
Apr 20071,45027359.617.81$88,565
Mar 20071,45011856.927.30$83,396
Feb 200753016755.108.22$30,575
Jan 200764921350.306.73$34,078
Dec 20061,39030556.656.92$80,854
Nov 20061,36136354.207.62$76,531
Oct 20061,19126954.906.01$67,004
Sep 200647010560.085.04$28,767
Aug 20064468068.717.34$31,232
Jul 200688214569.376.34$62,104
Jun 200680214266.286.38$54,063
May 20061,22519566.016.42$82,115
Apr 200681615264.397.36$53,661
Mar 20061,3443056.707.08$76,417
Feb 20061,18036757.597.75$70,801
Jan 20061,76350360.598.93$111,314
Dec 20051,83171854.9413.42$110,227
Nov 20051,5895254.6910.59$87,453
Oct 20051,27745758.3413.80$80,805
Sep 20051,3904561.4512.08$85,959
Aug 20051,6452961.519.80$101,468
Jul 20051,50256955.697.84$88,109
Jun 20051,19646652.337.38$66,026
May 20051,45261045.226.65$69,717
Apr 20051,66863049.207.36$86,703
Mar 20051,42344050.377.15$74,825
Feb 20051,56946745.226.31$73,898
Jan 20051,73352243.166.32$78,096
Dec 20041,81449739.866.75$75,661
Nov 20041,60536445.286.33$74,979
Oct 20041,96959149.706.52$101,710
Sep 20042,09547543.245.28$93,098
Aug 20042,0721242.375.55$87,857
Jul 20041,87771538.286.08$76,202
Jun 20041,40772836.106.43$55,476
May 20042,54970437.486.49$100,109
Apr 20042,4871,43934.475.86$94,157
Mar 20042,6111,55934.365.53$98,335
Feb 20041,80096832.455.51$63,743
Jan 20042,01888732.036.30$70,224
Dec 20031,76089930.266.30$58,923
Nov 20031,9321,76628.804.60$63,757
Oct 20031,95399428.174.76$59,747
Sep 20031,90289826.314.75$54,307
Aug 20031,9661,18629.765.13$64,592
Jul 20032,00350429.415.17$61,514
Jun 20032,03254428.565.98$61,289
May 20032,2181,04826.595.97$65,236
Apr 20032,3031,49926.675.41$69,527
Mar 20032,41344431.146.10$77,847
Feb 20031,8431,24133.487.93$71,540
Jan 20031,96796630.315.58$65,012
Dec 20022,13722026.914.85$58,575
Nov 20022,19427424.664.14$55,238
Oct 20022,46621926.464.23$66,177
Sep 20022,37524827.443.64$66,072
Aug 20022,09021725.963.16$54,943
Jul 20022,04816924.583.06$50,857
Jun 20022,32133523.733.34$56,196
May 20022,10236224.663.58$53,133
Apr 20022,03828323.653.51$49,193
Mar 20022,40030022.003.10$53,731
Feb 20022,09824018.222.38$38,796
Jan 20022,49030117.172.38$43,468
Dec 20012,74134816.932.36$47,228
Nov 20012,28427918.072.41$41,943
Oct 20012,42077219.782.53$49,820
Sep 20012,598224.262.25$63,032
Aug 20012,77540924.873.05$70,263
Jul 20012,78545123.933.20$68,087
Jun 20012,77020824.563.82$68,827
May 20012,51324625.524.31$65,191
Apr 20012,87236224.685.34$72,812
Mar 20012,17137724.545.38$55,303
Feb 20011,69724227.755.77$48,487
Jan 20011,63216927.478.40$46,250
Dec 20001,21111326.889.12$33,583
Nov 20002,49526632.215.66$81,869
Oct 20002,67744131.235.15$85,872
Sep 20002,93455431.875.19$96,380
Aug 20002,88246229.644.54$87,520
Jul 20003,04969828.534.09$89,843
Jun 20003,05375329.304.40$92,764
May 20002,65063727.263.68$74,583
Apr 20002,69555124.513.12$67,771
Mar 20002,76349228.422.86$79,931
Feb 20001,82142827.622.73$51,463
Jan 20001,95029325.272.48$50,003
Dec 19992,07839924.282.42$51,421
Nov 19992,23348523.192.43$52,964
Oct 19992,78253820.982.80$59,875
Sep 19992,57744221.752.62$57,207
Aug 19992,52841919.262.88$49,894
Jul 19992,51239117.892.37$45,867
Jun 19992,67340015.942.36$43,552
May 19992,77643715.792.32$44,847
Apr 19993,22855815.102.21$49,975
Mar 19993,31448112.471.84$42,210
Feb 19993,0332849.981.82$30,786
Jan 19992,71828210.381.90$28,749
Dec 19982,9612599.201.77$27,700
Nov 19983,13323310.892.19$34,628
Oct 19983,09025712.421.97$38,884
Sep 19982,76551012.592.08$35,873
Aug 19983,54042211.301.91$40,807
Jul 19983,33451811.742.24$40,300
Jun 19982,74338411.242.24$31,690
May 19983,41546412.622.21$44,121
Apr 19983,15730713.042.51$41,936
Mar 19982,82524212.802.31$36,719
Feb 19983,13527413.952.30$44,363
Jan 19983,47589414.702.15$53,009
Dec 19973,24925116.322.41$53,629
Nov 19973,45238618.193.09$63,984
Oct 19973,45648519.253.15$68,056
Sep 19973,34455717.742.95$60,968
Aug 19973,43585917.862.55$63,544
Jul 19973,14959817.582.25$56,703
Jun 19973,0621,02717.242.26$55,107
May 19973,31235918.972.31$63,657
Apr 19972,87541917.882.08$52,278
Mar 19973,27460718.951.94$63,219
Feb 19972,75454320.492.21$57,627
Jan 19973,32169423.483.54$80,434
Dec 19963,38774123.32$78,985
Nov 19962,53452221.97$55,672
Oct 19963,56171323.31$83,007
Sep 19963,46082722.22$76,881
Aug 19963,52882520.26$71,477
Jul 19963,44180219.55$67,272
Jun 19963,52876418.73$66,079
May 19963,65290119.43$70,958
Apr 19963,36198821.51$72,295
Mar 19963,5281,32419.38$68,373
Feb 19962,9611,17416.98$50,278
Jan 19963,2111,18217.07$54,812
Dec 19953,3981,29317.19$58,412
Nov 19952,6381,05016.00$42,208
Oct 19953,0721,20115.43$47,401
Sep 19953,0061,64616.18$48,637
Aug 19953,1861,70615.92$50,721
Jul 19953,2211,37715.24$49,088
Jun 19953,3121,24616.41$54,350
May 19953,5131,45417.56$61,688
Apr 19953,2101,04217.73$56,913
Mar 19953,16380216.44$52,000
Feb 19952,92061616.58$48,414
Jan 19953,44085015.92$54,765
Dec 19943,4111,16115.03$51,267
Nov 19943,1871,08115.90$50,673
Oct 19943,2491,37215.58$50,619
Sep 19943,6361,36915.29$55,594
Aug 19943,8441,02316.13$62,004
Jul 19943,7541,42017.56$65,920
Jun 19943,5411,35917.09$60,516
May 19943,69052515.88$58,597
Apr 19943,34662814.14$47,312
Mar 19943,45762612.46$43,074
Feb 19942,55139512.50$31,888
Jan 19943,55352412.66$44,981
Dec 19933,87859612.33$47,816
Nov 19933,76637114.49$54,569
Oct 19933,35563515.85$53,177
Sep 19933,40969515.03$51,237
Aug 19933,1721,11815.66$49,674
Jul 19933,31668315.46$51,265
Jun 19933,47072016.79$58,261
May 19933,4171,35117.68$60,413
Apr 19933,7351,00318.05$67,417
Mar 19934,1221,06418.14$74,773
Feb 19933,53464417.90$63,259
Jan 19933,4431,03216.93$58,290

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                  661 bbl  × $106.41 =    $70,337
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $70,337

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/7012 is the state's own key, not one this site invented.