SILVEY, R. E. L. -A- /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 7021District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$18.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$496 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
OilDisposition386,415 bbl$17,438,828
Casinghead gasProduction179,495 Mcf$585,708
Total$18,024,536

31,171 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 20265660106.413.05$60,228
Apr 202652493698.932.87$54,525
Mar 202655899789.753.15$53,220
Feb 202647879463.503.75$33,331
Jan 202650253959.138.00$33,994
Dec 202555458656.664.41$33,976
Nov 202554087158.593.93$35,059
Oct 202552469959.383.30$33,425
Sep 202555170662.743.08$36,742
Aug 202558882263.933.01$40,069
Jul 202558377766.743.32$41,485
Jun 202556084566.483.13$39,873
May 202558079260.553.23$37,679
Apr 202554770962.363.54$36,623
Mar 202554170567.704.27$39,635
Feb 202550361070.884.34$38,301
Jan 202559578074.324.28$47,558
Dec 202460384668.993.12$44,242
Nov 202457981669.052.20$41,774
Oct 202456382571.372.28$42,063
Sep 202456882769.612.36$41,494
Aug 202460481475.632.06$47,360
Jul 202456276579.932.15$46,563
Jun 202453877178.082.63$44,038
May 202456474478.812.20$46,084
Apr 202457980284.451.66$50,227
Mar 202465682980.301.55$53,958
Feb 202462474876.091.78$48,814
Jan 202462780073.023.30$48,422
Dec 202360574171.262.61$45,047
Nov 202359871477.892.81$48,583
Oct 202361671085.443.09$54,823
Sep 202360371089.042.74$55,633
Aug 202364693880.522.67$54,523
Jul 202358254374.852.64$44,997
Jun 202352051768.962.26$37,027
May 202354349370.622.23$39,445
Apr 202356956478.122.24$45,712
Mar 202358142672.852.39$43,345
Feb 2023482075.112.47$36,203
Jan 202364443876.533.39$50,769
Dec 202250643776.415.73$41,167
Nov 202259250385.005.65$53,160
Oct 202264460087.185.86$59,662
Sep 202265460584.888.16$60,451
Aug 202273462594.529.13$75,082
Jul 2022632691101.587.54$69,410
Jun 2022608547115.097.98$74,338
May 2022738670109.378.43$86,365
Apr 2022704395104.226.84$76,072
Mar 2022770141108.885.08$84,553
Feb 202254739591.054.86$51,724
Jan 202249730081.844.54$42,036
Dec 202148431671.323.90$35,751
Nov 202144127277.435.24$35,571
Oct 202146632179.795.71$39,016
Sep 202149533969.865.35$36,395
Aug 202146836966.024.22$32,455
Jul 202152935670.783.98$38,860
Jun 202144333469.493.38$31,913
May 202143534063.483.02$28,640
Apr 202146331260.362.76$28,807
Mar 202157739161.302.72$36,432
Feb 202139029757.805.55$24,190
Jan 202143027250.412.81$22,441
Dec 202049828644.642.68$22,996
Nov 202043228638.772.71$17,523
Oct 202053034236.972.48$20,442
Sep 202044335737.091.99$17,142
Aug 202046335739.982.39$19,362
Jul 202042634038.371.83$16,966
Jun 202047733934.901.69$17,220
May 202053935016.921.81$9,755
Apr 202049931514.751.80$7,929
Mar 202051033130.341.86$16,088
Feb 202048429849.881.98$24,732
Jan 202051830357.252.09$30,290
Dec 201954234059.012.30$32,767
Nov 201952233655.302.75$29,791
Oct 201955836353.472.42$30,714
Sep 201953242355.052.66$30,411
Aug 201955343453.112.30$30,370
Jul 201952430856.272.46$30,243
Jun 201960034252.782.49$32,520
May 201962434258.482.74$37,429
Apr 201963126362.632.75$40,243
Mar 201977034056.803.06$44,777
Feb 201960128650.852.79$31,359
Jan 201965326246.033.23$30,903
Dec 201868225446.594.19$32,837
Nov 201875134352.934.24$41,204
Oct 201870330961.443.40$44,242
Sep 201874630959.543.11$45,377
Aug 201869429359.403.07$42,122
Jul 201871231765.142.93$47,309
Jun 201865029460.183.08$40,022
May 201873329265.382.90$48,771
Apr 201871629163.842.90$46,554
Mar 201866135061.222.79$41,442
Feb 201863529961.782.77$40,057
Jan 201875328762.874.01$48,492
Dec 201793234657.272.92$54,386
Nov 201771832555.423.12$40,805
Oct 201777334649.292.98$39,134
Sep 201776635447.523.09$37,493
Aug 201776731945.373.00$35,757
Jul 201773632643.873.09$33,295
Jun 201775933042.493.09$33,269
May 201785533345.373.26$39,878
Apr 201784431547.933.21$41,465
Mar 201779531546.772.98$38,122
Feb 201754928450.452.95$28,536
Jan 201776431649.413.42$38,830
Dec 201669331548.763.72$34,963
Nov 201671934442.492.64$31,460
Oct 201680435046.193.09$38,218
Sep 201681035641.553.10$34,759
Aug 201688432441.442.92$37,580
Jul 201680732441.622.92$34,535
Jun 201675836345.352.69$35,350
May 201687532542.521.99$37,852
Apr 201672929636.561.99$27,242
Mar 201665425933.011.79$22,053
Feb 201679628726.472.06$21,662
Jan 201681833727.352.36$23,169
Dec 201594333432.362.00$31,184
Nov 201573932238.792.17$29,364
Oct 201587335543.552.43$38,881
Sep 201585137242.992.76$37,611
Aug 201587940340.162.87$36,458
Jul 201588040948.152.95$43,577
Jun 201585037856.152.88$48,817
May 201565133755.212.96$36,938
Apr 201582637949.822.71$42,177
Mar 201590232642.892.93$39,644
Feb 201575831144.662.98$34,778
Jan 201595635343.433.10$42,614
Dec 201488430254.693.59$49,431
Nov 201484936470.464.25$61,368
Oct 201485733078.303.90$68,390
Sep 201489737386.164.05$78,794
Aug 201495740489.394.04$87,176
Jul 201495338096.564.18$93,610
Jun 201487834798.164.74$87,828
May 201493036794.734.73$89,834
Apr 201491636895.944.81$89,651
Mar 201475226795.895.06$73,459
Feb 201474824897.406.19$74,391
Jan 201473426690.404.86$67,647
Dec 201398923991.824.35$91,851
Nov 201389937188.853.74$81,263
Oct 201399237197.423.78$98,043
Sep 2013955378104.113.72$100,830
Aug 2013953397104.253.52$100,749
Jul 2013946367102.523.72$98,348
Jun 201395438894.403.93$91,584
May 201395836594.834.15$92,362
Apr 201391634993.964.28$87,562
Mar 20131,00937493.623.91$95,926
Feb 201384930491.233.42$78,494
Jan 201390233291.603.42$83,759
Dec 201284532486.773.42$74,429
Nov 201288332786.953.62$77,962
Oct 201290434589.383.40$81,972
Sep 201237137194.672.92$36,205
Aug 201283439392.662.91$78,421
Jul 201286641885.133.02$74,985
Jun 201288939179.822.52$71,945
May 201291840491.612.49$85,103
Apr 2012863380101.652.00$88,483
Mar 2012919363105.052.22$97,348
Feb 2012836306101.102.57$85,306
Jan 201293736198.092.73$92,897
Dec 201190734796.873.24$88,985
Nov 201197138695.723.31$94,222
Oct 201186628184.983.65$74,618
Sep 201184028983.623.99$71,393
Aug 201192836483.404.15$78,906
Jul 201193639994.144.52$89,917
Jun 201189139192.904.64$84,588
May 20111,01832798.134.40$101,337
Apr 2011892331105.964.33$95,951
Mar 201195135796.364.06$93,087
Feb 201176429385.644.18$66,654
Jan 20111,05233786.504.59$92,544
Dec 201098032385.734.35$85,420
Nov 201090532880.843.80$74,405
Oct 201093633978.103.51$74,291
Sep 201094036672.633.98$69,729
Aug 201054038773.684.42$41,497
Jul 201096636772.554.74$71,822
Jun 201088835670.364.91$64,228
May 201095437671.124.24$69,441
Apr 201093245281.694.12$77,999
Mar 201098938478.394.39$79,213
Feb 201079630173.585.44$60,208
Jan 201098937974.365.96$75,802
Dec 20091,00341771.445.48$73,941
Nov 200997540174.593.75$74,230
Oct 200988542472.544.11$65,941
Sep 200989840465.543.06$60,093
Aug 200997946267.423.22$67,491
Jul 200986542861.133.46$54,360
Jun 200996443266.163.90$65,461
May 20091,01743554.743.93$57,378
Apr 200998042746.773.59$47,366
Mar 20091,06440942.144.06$46,497
Feb 200995541232.814.63$33,242
Jan 200998943735.865.37$37,813
Dec 20081,02642337.105.98$40,593
Nov 20081,00345855.496.86$58,799
Oct 20081,00746475.246.92$78,978
Sep 2008779284101.767.88$81,508
Aug 2008980445114.228.48$115,711
Jul 2008871348131.0811.39$118,134
Jun 2008966310131.3313.03$130,905
May 20081,011320123.1711.57$128,229
Apr 2008997376110.3110.45$113,910
Mar 20081,0440101.909.66$106,384
Feb 200888433592.538.77$84,735
Jan 200861336390.388.21$58,382
Dec 200794739788.337.30$86,547
Nov 2007347091.677.29$31,809
Oct 20071,07139682.856.92$91,473
Sep 20071,13637575.846.24$88,496
Aug 20071,10330869.066.39$78,141
Jul 20071,21335470.906.39$88,263
Jun 20071,10135462.007.55$70,934
May 200799315758.747.85$59,561
Apr 200796331359.617.81$59,847
Mar 2007962056.927.30$54,757
Feb 200745911755.108.22$26,252
Jan 200742011150.306.73$21,873
Dec 200674315556.656.92$43,163
Nov 200653213454.207.62$29,855
Oct 200672016054.906.01$40,490
Sep 200665414660.085.04$40,028
Aug 200659610768.717.34$41,737
Jul 200668815869.376.34$48,729
Jun 200669014966.286.38$46,684
May 200665310066.016.42$43,747
Apr 20063878664.397.36$25,552
Mar 20061,10021756.707.08$63,907
Feb 200660220357.597.75$36,243
Jan 200660429860.598.93$39,258
Dec 200562831054.9413.42$38,661
Nov 200562523754.6910.59$36,691
Oct 200566824458.3413.80$42,337
Sep 200561416161.4512.08$39,675
Aug 200591537061.519.80$59,906
Jul 200584034755.697.84$49,501
Jun 200511014452.337.38$6,819
May 200568431945.226.65$33,052
Apr 200578529949.207.36$40,823
Mar 200578725550.377.15$41,466
Feb 20056083845.226.31$27,734
Jan 200582822843.166.32$37,178
Dec 200484122639.866.75$35,048
Nov 200486026945.286.33$40,644
Oct 200478521849.706.52$40,435
Sep 200489726943.245.28$40,208
Aug 200499639742.375.55$44,404
Jul 20041,04849938.286.08$43,153
Jun 200486251636.106.43$34,438
May 20041,10331237.486.49$43,367
Apr 20041,57332434.475.86$56,119
Mar 200499739734.365.53$36,452
Feb 200493826632.455.51$31,904
Jan 20041,23921832.036.30$41,058
Dec 20031,34222630.266.30$42,033
Nov 20031,06839728.804.60$32,583
Oct 20031,09054428.174.76$33,295
Sep 20031,16857426.314.75$33,456
Aug 20031,14971629.765.13$37,867
Jul 20031,17123429.415.17$35,649
Jun 20031,22063928.565.98$38,666
May 20031,12054526.595.97$33,036
Apr 20031,26455726.675.41$36,723
Mar 20031,26948731.146.10$42,485
Feb 20031,26539833.487.93$45,507
Jan 20031,10844530.315.58$36,067
Dec 20021,57531026.914.85$43,888
Nov 20021,22852024.664.14$32,434
Oct 20021,32671526.464.23$38,110
Sep 20021,27878227.443.64$37,911
Aug 20021,26679925.963.16$35,394
Jul 20021,11852324.583.06$29,082
Jun 20021,09369423.733.34$28,254
May 20021,13670024.663.58$30,523
Apr 20021,06863223.653.51$27,478
Mar 200281622422.003.10$18,647
Feb 200291925618.222.38$17,352
Jan 20021,26936417.172.38$22,653
Dec 20011,47544216.932.36$26,017
Nov 20011,26239318.072.41$23,750
Oct 20011,29252419.782.53$26,881
Sep 20011,15342824.262.25$28,935
Aug 20011,13649624.873.05$29,767
Jul 200199346523.933.20$25,249
Jun 200196929424.563.82$24,923
May 200196837925.524.31$26,336
Apr 20011,09649924.685.34$29,712
Mar 20011,38443024.545.38$36,275
Feb 20011,04541427.755.77$31,386
Jan 20011,30638927.478.40$39,143
Dec 200074648526.889.12$24,477
Nov 20001,28454032.215.66$44,413
Oct 20001,19472731.235.15$41,029
Sep 200076266631.875.19$27,739
Aug 20001,22473329.644.54$39,608
Jul 20001,30078728.534.09$40,308
Jun 20001,24568829.304.40$39,504
May 20001,25755527.263.68$36,308
Apr 20001,48768324.513.12$38,575
Mar 20001,28357328.422.86$38,102
Feb 20001,27566427.622.73$37,026
Jan 20001,57361425.272.48$41,273
Dec 19991,66558424.282.42$41,842
Nov 19991,31166523.192.43$32,021
Oct 19991,12642920.982.80$24,826
Sep 19991,37863321.752.62$31,629
Aug 19991,19460319.262.88$24,730
Jul 19991,38465917.892.37$26,323
Jun 19991,29854215.942.36$21,970
May 19991,29342015.792.32$21,391
Apr 19991,20359915.102.21$19,488
Mar 19991,41560912.471.84$18,765
Feb 19991,2344199.981.82$13,077
Jan 19991,07831710.381.90$11,792
Dec 19989663049.201.77$9,426
Nov 19981,33754110.892.19$15,742
Oct 19981,29856212.421.97$17,228
Sep 19981,08349612.592.08$14,668
Aug 19981,46064711.301.91$17,732
Jul 19981,46073011.742.24$18,774
Jun 19981,38065811.242.24$16,983
May 19981,37275012.622.21$18,969
Apr 19981,32566113.042.51$18,934
Mar 19981,32854612.802.31$18,259
Feb 19981,21537013.952.30$17,800
Jan 19981,33451214.702.15$20,713
Dec 19971,23142316.322.41$21,110
Nov 19971,31457318.193.09$25,671
Oct 19971,33845219.253.15$27,180
Sep 19971,06648117.742.95$20,332
Aug 19971,12346817.862.55$21,252
Jul 19971,03815317.582.25$18,592
Jun 19971,24646917.242.26$22,540
May 19971,34248418.972.31$26,575
Apr 19971,44154417.882.08$26,898
Mar 19971,50281318.951.94$30,039
Feb 19971,36963320.492.21$29,447
Jan 19971,34743423.483.54$33,164
Dec 19961,43830523.32$33,534
Nov 19961,36341821.97$29,945
Oct 19961,50372223.31$35,035
Sep 19961,54765622.22$34,374
Aug 19961,43647020.26$29,093
Jul 19961,45953119.55$28,523
Jun 19961,55257018.73$29,069
May 19961,64965119.43$32,040
Apr 19961,54854521.51$33,297
Mar 19961,60664519.38$31,124
Feb 19961,39746916.98$23,721
Jan 19961,43432917.07$24,478
Dec 19951,54630417.19$26,576
Nov 19951,45842116.00$23,328
Oct 19951,57645315.43$24,318
Sep 19951,43350416.18$23,186
Aug 19951,57056515.92$24,994
Jul 19951,57577315.24$24,003
Jun 19951,48563916.41$24,369
May 19951,72141717.56$30,221
Apr 19951,73347417.73$30,726
Mar 19951,67633116.44$27,553
Feb 19951,53535416.58$25,450
Jan 19951,72048115.92$27,382
Dec 19941,57129815.03$23,612
Nov 19941,65155715.90$26,251
Oct 19941,67067015.58$26,019
Sep 19941,78473815.29$27,277
Aug 19941,71575816.13$27,663
Jul 19941,86586617.56$32,749
Jun 19941,54861717.09$26,455
May 19941,88370515.88$29,902
Apr 19941,84670614.14$26,102
Mar 19941,66346112.46$20,721
Feb 19941,24537612.50$15,563
Jan 19941,99379712.66$25,231
Dec 19931,92577312.33$23,735
Nov 19931,88179014.49$27,256
Oct 19931,71692115.85$27,199
Sep 19931,7921,02815.03$26,934
Aug 19932,0101,20115.66$31,477
Jul 19932,0261,13015.46$31,322
Jun 19931,64687116.79$27,636
May 19932,0711,00117.68$36,615
Apr 19932,0511,30018.05$37,021
Mar 19932,17792718.14$39,491
Feb 19932,09483017.90$37,483
Jan 19932,18582316.93$36,992

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                  566 bbl  × $106.41 =    $60,228
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $60,228

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/7021 is the state's own key, not one this site invented.