SILVEY, R. E. L. -C-

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 7023District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$6.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$281 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
OilDisposition113,836 bbl$5,845,649
Casinghead gasProduction57,361 Mcf$223,129
Total$6,068,779

3,100 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 20263560106.413.05$37,882
Apr 2026352098.932.87$34,823
Mar 2026351089.753.15$31,502
Feb 2026337063.503.75$21,400
Jan 2026305059.138.00$18,035
Dec 2025537056.664.41$30,426
Nov 2025489058.593.93$28,651
Oct 2025352059.383.30$20,902
Sep 2025174062.743.08$10,917
Aug 2025175063.933.01$11,188
Jul 2025350066.743.32$23,359
Jun 2025179066.483.13$11,900
May 2025173060.553.23$10,475
Apr 2025182062.363.54$11,350
Mar 2025173067.704.27$11,712
Feb 2025162070.884.34$11,483
Jan 2025360074.324.28$26,755
Dec 2024349068.993.12$24,078
Nov 2024337069.052.20$23,270
Oct 2024335071.372.28$23,909
Sep 2024348069.612.36$24,224
Aug 2024345075.632.06$26,092
Jul 2024512079.932.15$40,924
Jun 2024177078.082.63$13,820
May 2024330078.812.20$26,007
Apr 2024364084.451.66$30,740
Mar 2024337080.301.55$27,061
Feb 2024334076.091.78$25,414
Jan 2024364073.023.30$26,579
Dec 2023360071.262.61$25,654
Nov 2023361077.892.81$28,118
Oct 2023174085.443.09$14,867
Sep 2023336089.042.74$29,917
Aug 2023179080.522.67$14,413
Jul 2023360074.852.64$26,946
Jun 2023175068.962.26$12,068
May 2023176070.622.23$12,429
Apr 2023362078.122.24$28,279
Mar 2023334072.852.39$24,332
Feb 2023334075.112.47$25,087
Jan 2023342076.533.39$26,173
Dec 20220076.415.73$0
Nov 2022196085.005.65$16,660
Oct 2022355087.185.86$30,949
Sep 2022170084.888.16$14,430
Aug 2022348094.529.13$32,893
Jul 20223320101.587.54$33,725
Jun 20221630115.097.98$18,760
May 20223350109.378.43$36,639
Apr 20223440104.226.84$35,852
Mar 20223260108.885.08$35,495
Feb 2022167091.054.86$15,205
Jan 2022356081.844.54$29,135
Dec 2021490071.323.90$34,947
Nov 2021161077.435.24$12,466
Oct 2021482079.795.71$38,459
Sep 2021166069.865.35$11,597
Aug 2021347066.024.22$22,909
Jul 2021323070.783.98$22,862
Jun 2021331069.493.38$23,001
May 2021319063.483.02$20,250
Apr 2021332060.362.76$20,040
Mar 2021500061.302.72$30,650
Feb 2021160057.805.55$9,248
Jan 2021318050.412.81$16,030
Dec 2020473044.642.68$21,115
Nov 2020367038.772.71$14,229
Oct 2020355036.972.48$13,124
Sep 2020352037.091.99$13,056
Aug 2020334039.982.39$13,353
Jul 2020323038.371.83$12,394
Jun 2020332034.901.69$11,587
May 2020181016.921.81$3,063
Apr 2020326014.751.80$4,809
Mar 2020353030.341.86$10,710
Feb 2020505049.881.98$25,189
Jan 2020162057.252.09$9,275
Dec 2019344059.012.30$20,299
Nov 2019338055.302.75$18,691
Oct 2019527053.472.42$28,179
Sep 2019334055.052.66$18,387
Aug 2019341053.112.30$18,111
Jul 2019343056.272.46$19,301
Jun 20191833452.782.49$9,743
May 20193483458.482.74$20,444
Apr 20191732262.632.75$10,896
Mar 20195261256.803.06$29,914
Feb 201916317250.852.79$8,769
Jan 201917944446.033.23$9,673
Dec 201836342246.594.19$18,678
Nov 201817982452.934.24$12,966
Oct 201830850761.443.40$20,646
Sep 201817950759.543.11$12,233
Aug 201852969759.403.07$33,560
Jul 201818260465.142.93$13,626
Jun 201817870660.183.08$12,884
May 201834569165.382.90$24,561
Apr 201817043763.842.90$12,120
Mar 201835552761.222.79$23,202
Feb 201816563661.782.77$11,953
Jan 201835949362.874.01$24,547
Dec 201717847757.272.92$11,588
Nov 201718163355.423.12$12,005
Oct 201732750449.292.98$17,622
Sep 201718344547.523.09$10,070
Aug 201734548245.373.00$17,101
Jul 201735352943.873.09$17,119
Jun 201716931142.493.09$8,141
May 201718243045.373.26$9,661
Apr 201718745047.933.21$10,408
Mar 201736847446.772.98$18,626
Feb 201718040350.452.95$10,271
Jan 201718138849.413.42$10,270
Dec 201617538148.763.72$9,951
Nov 201617743142.492.64$8,660
Oct 201617939446.193.09$9,486
Sep 201618343041.553.10$8,937
Aug 201617837441.442.92$8,470
Jul 201617544341.622.92$8,579
Jun 201615438945.352.69$8,029
May 201618629142.521.99$8,488
Apr 201617333436.561.99$6,990
Mar 201635437433.011.79$12,357
Feb 201637839526.472.06$10,821
Jan 201653446527.352.36$15,704
Dec 201534436532.362.00$11,862
Nov 201553935638.792.17$21,679
Oct 201537234443.552.43$17,035
Sep 201537442042.992.76$17,237
Aug 201554030340.162.87$22,557
Jul 201568030948.152.95$33,652
Jun 201572730356.152.88$41,695
May 201535529655.212.96$20,474
Apr 201553832749.822.71$27,688
Mar 201517928642.892.93$8,517
Feb 201517727544.662.98$8,723
Jan 201537530743.433.10$17,238
Dec 201418134354.693.59$11,131
Nov 201418525970.464.25$14,136
Oct 201434837178.303.90$28,696
Sep 201417439986.164.05$16,606
Aug 201436643689.394.04$34,476
Jul 201417739796.564.18$18,750
Jun 201417736498.164.74$19,099
May 201417031494.734.73$17,588
Apr 201435133195.944.81$35,267
Mar 201417929995.895.06$18,676
Feb 201435931197.406.19$36,892
Jan 201418621390.404.86$17,850
Dec 201318019891.824.35$17,390
Nov 201337523488.853.74$34,194
Oct 201317927597.423.78$18,478
Sep 2013333320104.113.72$35,858
Aug 2013177257104.253.52$19,358
Jul 2013194248102.523.72$20,811
Jun 201333424194.403.93$32,478
May 201318224594.834.15$18,276
Apr 201336525993.964.28$35,405
Mar 201318722093.623.91$18,368
Feb 201317725591.233.42$17,020
Jan 201336230491.603.42$34,199
Dec 201218030386.773.42$16,655
Nov 201234026486.953.62$30,520
Oct 201231734389.383.40$29,500
Sep 201218434394.672.92$18,420
Aug 201218434392.662.91$18,047
Jul 201235334385.133.02$31,087
Jun 201236734379.822.52$30,158
May 201218634491.612.49$17,895
Apr 2012192343101.652.00$20,202
Mar 2012357342105.052.22$38,263
Feb 2012186347101.102.57$19,696
Jan 201236334198.092.73$36,539
Dec 201134033896.873.24$34,031
Nov 201118036195.723.31$18,425
Oct 201131932384.983.65$28,287
Sep 201116332983.623.99$14,941
Aug 201137943183.404.15$33,397
Jul 201116848994.144.52$18,024
Jun 201137452092.904.64$37,157
May 201139252398.134.40$40,771
Apr 2011336535105.964.33$37,921
Mar 201128650396.364.06$29,600
Feb 201116453285.644.18$16,269
Jan 201129357186.504.59$27,965
Dec 201028451385.734.35$26,578
Nov 201031151180.843.80$27,081
Oct 201017151378.103.51$15,155
Sep 201027651472.633.98$22,091
Aug 201025950773.684.42$21,324
Jul 201028951972.554.74$23,425
Jun 201028051770.364.91$22,239
May 201027148471.124.24$21,323
Apr 201034855681.694.12$30,720
Mar 201032835578.394.39$27,270
Feb 201016138673.585.44$13,947
Jan 201042842074.365.96$34,331
Dec 200930540071.445.48$23,983
Nov 200916349874.593.75$14,026
Oct 2009264072.544.11$19,151
Sep 200931833965.543.06$21,881
Aug 200931049467.423.22$22,490
Jul 200927925561.133.46$17,939
Jun 200932046166.163.90$22,967
May 200928345554.743.93$17,278
Apr 200931937346.773.59$16,258
Mar 200934139042.144.06$15,953
Feb 200932041632.814.63$12,427
Jan 200935843535.865.37$15,174
Dec 200833543037.105.98$14,999
Nov 200825148755.496.86$17,269
Oct 200833340775.246.92$27,872
Sep 2008174358101.767.88$20,526
Aug 2008183341114.228.48$23,795
Jul 2008316424131.0811.39$46,250
Jun 2008294692131.3313.03$47,630
May 2008291289123.1711.57$39,187
Apr 2008344409110.3110.45$42,223
Mar 2008316630101.909.66$38,289
Feb 200815422592.538.77$16,223
Jan 200835729790.388.21$34,703
Dec 200735917488.337.30$32,981
Nov 200715017491.677.29$15,019
Oct 200733317482.856.92$28,793
Sep 2007322075.846.24$24,420
Aug 2007300069.066.39$20,718
Jul 2007167070.906.39$11,840
Jun 2007335062.007.55$20,770
May 2007173058.747.85$10,162
Apr 2007311059.617.81$18,539
Mar 2007201056.927.30$11,441
Feb 2007195055.108.22$10,745
Jan 2007323050.306.73$16,247
Dec 2006180056.656.92$10,197
Nov 2006148054.207.62$8,022
Oct 2006322054.906.01$17,678
Sep 2006203060.085.04$12,196
Aug 2006182068.717.34$12,505
Jul 2006161069.376.34$11,169
Jun 2006157066.286.38$10,406
May 2006369066.016.42$24,358
Apr 2006200064.397.36$12,878
Mar 2006328056.707.08$18,598
Feb 2006157057.597.75$9,042
Jan 2006136060.598.93$8,240
Dec 2005167054.9413.42$9,175
Nov 2005350054.6910.59$19,142
Oct 20050058.3413.80$0
Sep 2005176061.4512.08$10,815
Aug 2005187061.519.80$11,502
Jul 2005168055.697.84$9,356
Jun 2005352052.337.38$18,420
May 2005179045.226.65$8,094
Apr 2005363049.207.36$17,860
Mar 2005177050.377.15$8,915
Feb 2005186045.226.31$8,411
Jan 20050043.166.32$0
Dec 2004269039.866.75$10,722
Nov 2004329045.286.33$14,897
Oct 2004152049.706.52$7,554
Sep 2004300043.245.28$12,972
Aug 2004367042.375.55$15,550
Jul 2004183038.286.08$7,005
Jun 2004165036.106.43$5,957
May 2004304037.486.49$11,394
Apr 2004362034.475.86$12,478
Mar 2004347034.365.53$11,923
Feb 2004384032.455.51$12,461
Jan 2004210032.036.30$6,726
Dec 2003182030.266.30$5,507
Nov 2003178028.804.60$5,126
Oct 2003350028.174.76$9,860
Sep 2003332026.314.75$8,735
Aug 2003101029.765.13$3,006
Jul 2003352029.415.17$10,352
Jun 2003206028.565.98$5,883
May 2003207026.595.97$5,504
Apr 2003205026.675.41$5,467
Mar 2003417031.146.10$12,985
Feb 2003412033.487.93$13,794
Jan 2003326030.315.58$9,881
Dec 2002316026.914.85$8,504
Nov 2002185024.664.14$4,562
Oct 2002352026.464.23$9,314
Sep 2002181027.443.64$4,967
Aug 2002401025.963.16$10,410
Jul 2002184024.583.06$4,523
Jun 2002204023.733.34$4,841
May 2002388024.663.58$9,568
Apr 2002202023.653.51$4,777
Mar 2002392022.003.10$8,624
Feb 2002209018.222.38$3,808
Jan 2002388017.172.38$6,662
Dec 2001184016.932.36$3,115
Nov 2001404018.072.41$7,300
Oct 2001396019.782.53$7,833
Sep 2001213024.262.25$5,167
Aug 2001182024.873.05$4,526
Jul 2001377023.933.20$9,022
Jun 2001201024.563.82$4,937
May 2001204025.524.31$5,206
Apr 20010024.685.34$0
Mar 2001186024.545.38$4,564
Feb 2001399027.755.77$11,072
Jan 2001181027.478.40$4,972
Dec 2000186026.889.12$5,000
Nov 20000032.215.66$0
Oct 2000209031.235.15$6,527
Sep 2000319031.875.19$10,167
Aug 2000392029.644.54$11,619
Jul 20000028.534.09$0
Jun 2000400029.304.40$11,720
May 2000205027.263.68$5,588
Apr 2000211024.513.12$5,172
Mar 2000371028.422.86$10,544
Feb 2000204027.622.73$5,634
Jan 2000392025.272.48$9,906
Dec 1999206024.282.42$5,002
Nov 1999385023.192.43$8,928
Oct 1999180020.982.80$3,776
Sep 1999377021.752.62$8,200
Aug 1999180019.262.88$3,467
Jul 1999409017.892.37$7,317
Jun 1999205015.942.36$3,268
May 1999206015.792.32$3,253
Apr 1999186015.102.21$2,809
Mar 1999385012.471.84$4,801
Feb 199921809.981.82$2,176
Jan 1999211010.381.90$2,190
Dec 199820609.201.77$1,895
Nov 1998195010.892.19$2,124
Oct 1998422012.421.97$5,241
Sep 1998179012.592.08$2,254
Aug 1998354011.301.91$4,000
Jul 1998351011.742.24$4,121
Jun 1998378011.242.24$4,249
May 1998409012.622.21$5,162
Apr 1998364013.042.51$4,747
Mar 1998365012.802.31$4,672
Feb 1998207013.952.30$2,888
Jan 1998383014.702.15$5,630
Dec 1997383016.322.41$6,251
Nov 1997366018.193.09$6,658
Oct 1997189019.253.15$3,638
Sep 1997375017.742.95$6,653
Aug 1997528017.862.55$9,430
Jul 1997390017.582.25$6,856
Jun 1997206017.242.26$3,551
May 1997385118.972.31$7,306
Apr 1997385117.882.08$6,886
Mar 1997394118.951.94$7,468
Feb 1997389120.492.21$7,973
Jan 1997415123.483.54$9,748
Dec 1996418123.32$9,748
Nov 1996421121.97$9,249
Oct 1996357123.31$8,322
Sep 1996386122.22$8,577
Aug 1996398120.26$8,063
Jul 1996390119.55$7,625
Jun 1996578118.73$10,826
May 19960119.43$0
Apr 199630711621.51$6,604
Mar 199630311319.38$5,872
Feb 199626510916.98$4,500
Jan 199631011717.07$5,292
Dec 199532511117.19$5,587
Nov 199527610816.00$4,416
Oct 199534413015.43$5,308
Sep 199532212316.18$5,210
Aug 199523610915.92$3,757
Jul 199531913115.24$4,862
Jun 199526211816.41$4,299
May 199532511717.56$5,707
Apr 19953304617.73$5,851
Mar 19953435616.44$5,639
Feb 19952855816.58$4,725
Jan 19951343815.92$2,133
Dec 19942614615.03$3,923
Nov 19941451615.90$2,306
Oct 1994691115.58$1,075
Sep 19942625615.29$4,006
Aug 19942666716.13$4,291
Jul 19942777117.56$4,864
Jun 19942735917.09$4,666
May 19942926515.88$4,637
Apr 19943056514.14$4,313
Mar 19942997312.46$3,726
Feb 19942326112.50$2,900
Jan 19943007112.66$3,798
Dec 19932215512.33$2,725
Nov 19932977614.49$4,304
Oct 19933238215.85$5,120
Sep 19932887815.03$4,329
Aug 19932756115.66$4,307
Jul 19933125415.46$4,824
Jun 19932745816.79$4,600
May 19932985817.68$5,269
Apr 19932696118.05$4,855
Mar 199331010218.14$5,623
Feb 19932637417.90$4,708
Jan 19933087216.93$5,214

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                  356 bbl  × $106.41 =    $37,882
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $37,882

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/7023 is the state's own key, not one this site invented.