WOOLEY, J.

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 7053District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$3.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$98 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
OilDisposition72,783 bbl$2,879,567
Casinghead gasProduction36,087 Mcf$102,068
Total$2,981,636

11,938 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 20261130106.413.05$12,024
Apr 20261087798.932.87$10,905
Mar 20261187789.753.15$10,833
Feb 2026997863.503.75$6,579
Jan 2026967359.138.00$6,260
Dec 20251218756.664.41$7,240
Nov 20251088558.593.93$6,661
Oct 20251138959.383.30$7,004
Sep 20251188162.743.08$7,653
Aug 20251157863.933.01$7,587
Jul 20251027466.743.32$7,053
Jun 20251177966.483.13$8,025
May 20251127960.553.23$7,037
Apr 20251187362.363.54$7,617
Mar 20251167167.704.27$8,156
Feb 2025906370.884.34$6,653
Jan 20251198874.324.28$9,221
Dec 20241199468.993.12$8,503
Nov 20241187469.052.20$8,311
Oct 20241118771.372.28$8,121
Sep 20241168669.612.36$8,278
Aug 20241189775.632.06$9,125
Jul 20241158579.932.15$9,374
Jun 20241178578.082.63$9,359
May 20241086878.812.20$8,661
Apr 20241126884.451.66$9,571
Mar 20241266280.301.55$10,214
Feb 20241144476.091.78$8,753
Jan 2024874573.023.30$6,501
Dec 20231226771.262.61$8,869
Nov 20231198177.892.81$9,496
Oct 20231368185.443.09$11,870
Sep 20231298189.042.74$11,708
Aug 2023626380.522.67$5,161
Jul 20231188574.852.64$9,057
Jun 20231029068.962.26$7,237
May 20231207770.622.23$8,646
Apr 20231047878.122.24$8,299
Mar 20231176672.852.39$8,681
Feb 2023116075.112.47$8,713
Jan 20231429276.533.39$11,179
Dec 202211610576.415.73$9,465
Nov 202212514485.005.65$11,438
Oct 20221128887.185.86$10,280
Sep 20221219384.888.16$11,030
Aug 20221319494.529.13$13,240
Jul 202212993101.587.54$13,805
Jun 202212387115.097.98$14,850
May 202210379109.378.43$11,931
Apr 202211284104.226.84$12,247
Mar 202214693108.885.08$16,369
Feb 20221328491.054.86$12,427
Jan 20221509181.844.54$12,689
Dec 20211479371.323.90$10,847
Nov 20211249977.435.24$10,120
Oct 20211338179.795.71$11,075
Sep 202114310969.865.35$10,573
Aug 20212010466.024.22$1,759
Jul 2021558470.783.98$4,227
Jun 202152269.493.38$422
May 20211085763.483.02$7,028
Apr 20211278760.362.76$7,906
Mar 20211299161.302.72$8,155
Feb 20211074957.805.55$6,456
Jan 20211075150.412.81$5,537
Dec 20201326244.642.68$6,058
Nov 20201155838.772.71$4,616
Oct 20201406636.972.48$5,339
Sep 20201109237.091.99$4,263
Aug 2020728739.982.39$3,086
Jul 20201086638.371.83$4,264
Jun 20201197134.901.69$4,273
May 20201108016.921.81$2,006
Apr 2020784414.751.80$1,230
Mar 20201146430.341.86$3,578
Feb 2020481849.881.98$2,430
Jan 2020926257.252.09$5,397
Dec 201996059.012.30$5,665
Nov 2019956955.302.75$5,443
Oct 2019857253.472.42$4,719
Sep 2019796555.052.66$4,522
Aug 2019999153.112.30$5,468
Jul 20191118356.272.46$6,450
Jun 20191238752.782.49$6,709
May 2019918758.482.74$5,560
Apr 2019997762.632.75$6,412
Mar 20191086556.803.06$6,333
Feb 2019786150.852.79$4,137
Jan 20191127046.033.23$5,381
Dec 20181277546.594.19$6,231
Nov 201810912352.934.24$6,291
Oct 201811912661.443.40$7,740
Sep 201812112659.543.11$7,596
Aug 20189311759.403.07$5,883
Jul 201813912465.142.93$9,418
Jun 201811714160.183.08$7,475
May 201812512365.382.90$8,529
Apr 201811311863.842.90$7,556
Mar 201811112461.222.79$7,141
Feb 201812511561.782.77$8,041
Jan 20181368462.874.01$8,887
Dec 2017146057.272.92$8,361
Nov 20171075855.423.12$6,111
Oct 2017664749.292.98$3,393
Sep 20171447647.523.09$7,078
Aug 20171679345.373.00$7,856
Jul 20171146743.873.09$5,208
Jun 201714111042.493.09$6,331
May 201714510345.373.26$6,915
Apr 20171295847.933.21$6,369
Mar 20171696846.772.98$8,107
Feb 20171446450.452.95$7,454
Jan 20171546449.413.42$7,828
Dec 20161557748.763.72$7,844
Nov 201610310742.492.64$4,659
Oct 20161485946.193.09$7,018
Sep 20161437441.553.10$6,171
Aug 20161569541.442.92$6,742
Jul 20161506741.622.92$6,439
Jun 20161917645.352.69$8,866
May 20161756742.521.99$7,574
Apr 20161515936.561.99$5,638
Mar 20161344933.011.79$4,511
Feb 20161565226.472.06$4,237
Jan 20161785927.352.36$5,008
Dec 20152115732.362.00$6,942
Nov 20151654938.792.17$6,507
Oct 20151815143.552.43$8,006
Sep 201517310142.992.76$7,716
Aug 20151877340.162.87$7,720
Jul 201516810548.152.95$8,398
Jun 20151629556.152.88$9,370
May 20151264355.212.96$7,084
Apr 2015844249.822.71$4,299
Mar 20151642842.892.93$7,116
Feb 20151682444.662.98$7,574
Jan 2015956343.433.10$4,321
Dec 20141124754.693.59$6,294
Nov 20141146070.464.25$8,288
Oct 20141414578.303.90$11,216
Sep 20141006186.164.05$8,863
Aug 20141487589.394.04$13,532
Jul 20141457196.564.18$14,298
Jun 20141396398.164.74$13,943
May 20141398494.734.73$13,565
Apr 20141364195.944.81$13,245
Mar 20141346295.895.06$13,163
Feb 20141265797.406.19$12,625
Jan 20141385890.404.86$12,757
Dec 20131635191.824.35$15,189
Nov 20131346488.853.74$12,145
Oct 20131416697.423.78$13,986
Sep 201313474104.113.72$14,226
Aug 2013134105104.253.52$14,339
Jul 201315299102.523.72$15,951
Jun 20131397594.403.93$13,417
May 20131236594.834.15$11,934
Apr 20131306893.964.28$12,506
Mar 20131307993.623.91$12,480
Feb 20131288191.233.42$11,954
Jan 20131468891.603.42$13,675
Dec 20121829486.773.42$16,114
Nov 20121589686.953.62$14,086
Oct 201216410589.383.40$15,015
Sep 201216810694.672.92$16,214
Aug 201217611392.662.91$16,637
Jul 201217211285.133.02$14,981
Jun 201219910079.822.52$16,136
May 201216112191.612.49$15,050
Apr 2012137105101.652.00$14,136
Mar 2012145103105.052.22$15,461
Feb 201220493101.102.57$20,863
Jan 20121479998.092.73$14,690
Dec 20111409796.873.24$13,876
Nov 201113410495.723.31$13,171
Oct 20111379884.983.65$12,000
Sep 201114010083.623.99$12,105
Aug 201114910183.404.15$12,846
Jul 201115410394.144.52$14,963
Jun 20111339992.904.64$12,815
May 20111338898.134.40$13,439
Apr 201110170105.964.33$11,005
Mar 20111448796.364.06$14,229
Feb 20111297685.644.18$11,365
Jan 20111647786.504.59$14,539
Dec 20101617785.734.35$14,137
Nov 20101256280.843.80$10,340
Oct 2010949478.103.51$7,671
Sep 201012315672.633.98$9,554
Aug 201015513673.684.42$12,021
Jul 20101439872.554.74$10,839
Jun 20102089670.364.91$15,106
May 20101259171.124.24$9,275
Apr 20101459581.694.12$12,237
Mar 20101618578.394.39$12,994
Feb 20101067173.585.44$8,186
Jan 20101267174.365.96$9,793
Dec 20091127971.445.48$8,435
Nov 2009978474.593.75$7,550
Oct 20091408972.544.11$10,521
Sep 2009808965.543.06$5,516
Aug 2009929467.423.22$6,505
Jul 20098410461.133.46$5,495
Jun 20091399366.163.90$9,558
May 20091518854.743.93$8,611
Apr 20091478346.773.59$7,173
Mar 20091548842.144.06$6,847
Feb 20091256532.814.63$4,402
Jan 20091088835.865.37$4,346
Dec 2008997037.105.98$4,091
Nov 20081109755.496.86$6,769
Oct 20081209575.246.92$9,686
Sep 20086967101.767.88$7,549
Aug 20087871114.228.48$9,511
Jul 20088869131.0811.39$12,321
Jun 200811460131.3313.03$15,754
May 200811785123.1711.57$15,395
Apr 20087763110.3110.45$9,153
Mar 200811591101.909.66$12,598
Feb 2008845992.538.77$8,290
Jan 2008817490.388.21$7,928
Dec 20071335188.337.30$12,120
Nov 20071308091.677.29$12,500
Oct 2007139682.856.92$1,742
Sep 2007578075.846.24$4,822
Aug 20071116069.066.39$8,049
Jul 20071173970.906.39$8,544
Jun 2007443462.007.55$2,985
May 200711210758.747.85$7,418
Apr 200710816759.617.81$7,741
Mar 20071084656.927.30$6,483
Feb 2007241355.108.22$1,429
Jan 2007531450.306.73$2,760
Dec 20061282656.656.92$7,431
Nov 20061102754.207.62$6,168
Oct 20061353254.906.01$7,604
Sep 20061342960.085.04$8,197
Aug 20061192368.717.34$8,345
Jul 2006831369.376.34$5,840
Jun 20061052266.286.38$7,100
May 2006711366.016.42$4,770
Apr 200622964.397.36$1,483
Mar 20064136056.707.08$4,875
Feb 2006451857.597.75$2,731
Jan 200630960.598.93$1,898
Dec 2005462554.9413.42$2,863
Nov 20058235254.6910.59$8,212
Oct 20051395058.3413.80$8,799
Sep 20051223861.4512.08$7,956
Aug 20051535661.519.80$9,960
Jul 20051194455.697.84$6,972
Jun 2005873852.337.38$4,833
May 2005451945.226.65$2,161
Apr 2005622349.207.36$3,220
Mar 20051135450.377.15$6,078
Feb 2005902645.226.31$4,234
Jan 20051203743.166.32$5,413
Dec 20041193339.866.75$4,966
Nov 2004951745.286.33$4,409
Oct 20041245249.706.52$6,502
Sep 2004103343.245.28$4,470
Aug 20041093642.375.55$4,818
Jul 20041123338.286.08$4,488
Jun 2004541436.106.43$2,039
May 2004923037.486.49$3,643
Apr 2004862634.475.86$3,117
Mar 2004922434.365.53$3,294
Feb 2004694532.455.51$2,487
Jan 2004905632.036.30$3,235
Dec 2003895730.266.30$3,052
Nov 2003906028.804.60$2,868
Oct 2003904328.174.76$2,740
Sep 20039040326.314.75$4,282
Aug 2003896929.765.13$3,003
Jul 2003743229.415.17$2,342
Jun 2003614228.565.98$1,993
May 2003916226.595.97$2,790
Apr 2003674626.675.41$2,036
Mar 20031125831.146.10$3,841
Feb 2003755533.487.93$2,947
Jan 2003683430.315.58$2,251
Dec 2002904626.914.85$2,645
Nov 2002826124.664.14$2,274
Oct 2002896926.464.23$2,647
Sep 2002705627.443.64$2,124
Aug 2002835325.963.16$2,322
Jul 2002926624.583.06$2,463
Jun 2002705923.733.34$1,858
May 20021077024.663.58$2,890
Apr 2002716323.653.51$1,900
Mar 2002716022.003.10$1,748
Feb 2002764218.222.38$1,485
Jan 20021115517.172.38$2,037
Dec 20011136016.932.36$2,055
Nov 20011117218.072.41$2,179
Oct 20011257319.782.53$2,657
Sep 20011052924.262.25$2,613
Aug 20011175924.873.05$3,090
Jul 20011125023.933.20$2,840
Jun 20019413224.563.82$2,813
May 20016123225.524.31$2,556
Apr 20016126324.685.34$2,909
Mar 2001542024.545.38$1,433
Feb 2001361627.755.77$1,091
Jan 20015127.478.40$146
Dec 20000026.889.12$0
Nov 20006032.215.66$193
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999109.981.82$10
Jan 19993010.381.90$31
Dec 199886599.201.77$896
Nov 19981176210.892.19$1,410
Oct 19981216812.421.97$1,637
Sep 19981076112.592.08$1,474
Aug 19981167011.301.91$1,444
Jul 1998934311.742.24$1,188
Jun 19981427111.242.24$1,755
May 19981568112.622.21$2,147
Apr 19981397413.042.51$1,998
Mar 19981186712.802.31$1,665
Feb 1998875513.952.30$1,340
Jan 19981223214.702.15$1,862
Dec 19971103416.322.41$1,877
Nov 19971114418.193.09$2,155
Oct 19971265019.253.15$2,583
Sep 19971657717.742.95$3,155
Aug 19971737717.862.55$3,286
Jul 19971866717.582.25$3,420
Jun 1997617417.242.26$1,219
May 19971194618.972.31$2,364
Apr 1997946717.882.08$1,820
Mar 19971047618.951.94$2,118
Feb 1997996120.492.21$2,163
Jan 1997906023.483.54$2,326
Dec 19961387523.32$3,218
Nov 19961225021.97$2,680
Oct 19961061423.31$2,471
Sep 19961611922.22$3,577
Aug 19962214720.26$4,477
Jul 19962277519.55$4,438
Jun 199630410718.73$5,694
May 199645814719.43$8,899
Apr 199651921021.51$11,164
Mar 199673435619.38$14,225
Feb 199666833216.98$11,343
Jan 199664422517.07$10,993
Dec 199572526217.19$12,463
Nov 199575433516.00$12,064
Oct 199578240015.43$12,066
Sep 199572937816.18$11,795
Aug 199567121615.92$10,682
Jul 199578820915.24$12,009
Jun 199569131916.41$11,339
May 199573244717.56$12,854
Apr 199535612917.73$6,312
Mar 199594038516.44$15,454
Feb 199584723116.58$14,043
Jan 199590229315.92$14,360
Dec 199486727515.03$13,031
Nov 199486738615.90$13,785
Oct 199490841215.58$14,147
Sep 199485941415.29$13,134
Aug 199466814816.13$10,775
Jul 199480033817.56$14,048
Jun 199468930717.09$11,775
May 199484237715.88$13,371
Apr 199490341414.14$12,768
Mar 199478731712.46$9,806
Feb 19946128812.50$7,650
Jan 19946458712.66$8,166
Dec 199378513412.33$9,679
Nov 19937016414.49$10,157
Oct 199396026715.85$15,216
Sep 199394326715.03$14,173
Aug 199396227515.66$15,065
Jul 19931,04128715.46$16,094
Jun 19931,21732816.79$20,433
May 19931,15734317.68$20,456
Apr 19931,24332418.05$22,436
Mar 19931,13532018.14$20,589
Feb 199399325317.90$17,775
Jan 19931,08525216.93$18,369

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                  113 bbl  × $106.41 =    $12,024
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $12,024

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/7053 is the state's own key, not one this site invented.