SANDERS, A. 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 7186District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$11.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$290 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
OilDisposition195,646 bbl$11,099,719
Casinghead gasProduction152 Mcf$293
Total$11,100,012

21 Mcf of this lease's gas, across 21 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 20263470106.413.05$36,924
Apr 2026321098.932.87$31,757
Mar 2026340089.753.15$30,515
Feb 2026518063.503.75$32,893
Jan 2026364059.138.00$21,523
Dec 2025168056.664.41$9,519
Nov 2025340058.593.93$19,921
Oct 2025354059.383.30$21,021
Sep 2025328062.743.08$20,579
Aug 2025337063.933.01$21,544
Jul 2025336066.743.32$22,425
Jun 2025325066.483.13$21,606
May 2025340060.553.23$20,587
Apr 2025294062.363.54$18,334
Mar 2025500067.704.27$33,850
Feb 2025189070.884.34$13,396
Jan 2025548074.324.28$40,727
Dec 2024131068.993.12$9,038
Nov 2024345069.052.20$23,822
Oct 2024501071.372.28$35,756
Sep 2024332069.612.36$23,111
Aug 2024343075.632.06$25,941
Jul 2024322079.932.15$25,737
Jun 2024341078.082.63$26,625
May 2024468078.812.20$36,883
Apr 2024377084.451.66$31,838
Mar 2024146080.301.55$11,724
Feb 2024342076.091.78$26,023
Jan 2024542073.023.30$39,577
Dec 2023330071.262.61$23,516
Nov 2023347077.892.81$27,028
Oct 2023333085.443.09$28,452
Sep 2023333089.042.74$29,650
Aug 2023441080.522.67$35,509
Jul 2023363074.852.64$27,171
Jun 2023335068.962.26$23,102
May 2023324070.622.23$22,881
Apr 202334813178.122.24$27,479
Mar 2023335072.852.39$24,405
Feb 2023503075.112.47$37,780
Jan 2023318076.533.39$24,337
Dec 2022338076.415.73$25,827
Nov 2022338085.005.65$28,730
Oct 2022525087.185.86$45,770
Sep 2022321084.888.16$27,246
Aug 2022322094.529.13$30,435
Jul 20223270101.587.54$33,217
Jun 20223510115.097.98$40,397
May 20224970109.378.43$54,357
Apr 20223340104.226.84$34,809
Mar 20225110108.885.08$55,638
Feb 2022330091.054.86$30,047
Jan 2022352081.844.54$28,808
Dec 2021490071.323.90$34,947
Nov 2021350077.435.24$27,101
Oct 2021325079.795.71$25,932
Sep 2021483069.865.35$33,742
Aug 2021328066.024.22$21,655
Jul 2021501070.783.98$35,461
Jun 2021317069.493.38$22,028
May 2021329063.483.02$20,885
Apr 2021514060.362.76$31,025
Mar 2021318061.302.72$19,493
Feb 2021165057.805.55$9,537
Jan 2021485050.412.81$24,449
Dec 2020353044.642.68$15,758
Nov 2020484038.772.71$18,765
Oct 2020311036.972.48$11,498
Sep 2020497037.091.99$18,434
Aug 2020325039.982.39$12,994
Jul 2020499038.371.83$19,147
Jun 2020343034.901.69$11,971
May 2020519016.921.81$8,781
Apr 2020351014.751.80$5,177
Mar 2020447030.341.86$13,562
Feb 2020458049.881.98$22,845
Jan 2020349057.252.09$19,980
Dec 2019489059.012.30$28,856
Nov 2019328055.302.75$18,138
Oct 2019521053.472.42$27,858
Sep 2019339055.052.66$18,662
Aug 2019344053.112.30$18,270
Jul 2019478056.272.46$26,897
Jun 2019533052.782.49$28,132
May 2019356058.482.74$20,819
Apr 2019348062.632.75$21,795
Mar 2019526056.803.06$29,877
Feb 2019462050.852.79$23,493
Jan 2019528046.033.23$24,304
Dec 2018373046.594.19$17,378
Nov 2018540052.934.24$28,582
Oct 2018667061.443.40$40,980
Sep 2018334059.543.11$19,886
Aug 2018467059.403.07$27,740
Jul 2018686065.142.93$44,686
Jun 2018515060.183.08$30,993
May 2018302065.382.90$19,745
Apr 2018643063.842.90$41,049
Mar 2018499061.222.79$30,549
Feb 2018321061.782.77$19,831
Jan 2018536062.874.01$33,698
Dec 2017508057.272.92$29,093
Nov 2017522055.423.12$28,929
Oct 2017492049.292.98$24,251
Sep 2017465047.523.09$22,097
Aug 2017489045.373.00$22,186
Jul 2017486043.873.09$21,321
Jun 2017509042.493.09$21,627
May 2017696045.373.26$31,578
Apr 2017336047.933.21$16,104
Mar 2017526046.772.98$24,601
Feb 2017553050.452.95$27,899
Jan 2017530049.413.42$26,187
Dec 2016544048.763.72$26,525
Nov 2016532042.492.64$22,605
Oct 2016517046.193.09$23,880
Sep 2016528041.553.10$21,938
Aug 2016501041.442.92$20,761
Jul 2016632041.622.92$26,304
Jun 2016521045.352.69$23,627
May 2016471042.521.99$20,027
Apr 2016632036.561.99$23,106
Mar 2016518033.011.79$17,099
Feb 2016665026.472.06$17,603
Jan 2016513027.352.36$14,031
Dec 2015694032.362.00$22,458
Nov 2015536038.792.17$20,791
Oct 2015526043.552.43$22,907
Sep 2015476042.992.76$20,463
Aug 2015654040.162.87$26,265
Jul 2015590048.152.95$28,409
Jun 2015479056.152.88$26,896
May 2015672055.212.96$37,101
Apr 2015697049.822.71$34,725
Mar 2015656042.892.93$28,136
Feb 2015510044.662.98$22,777
Jan 2015663043.433.10$28,794
Dec 2014655054.693.59$35,822
Nov 2014585070.464.25$41,219
Oct 2014631078.303.90$49,407
Sep 2014675086.164.05$58,158
Aug 2014615089.394.04$54,975
Jul 2014687096.564.18$66,337
Jun 2014673098.164.74$66,062
May 2014694094.734.73$65,743
Apr 2014624095.944.81$59,867
Mar 2014673095.895.06$64,534
Feb 2014507097.406.19$49,382
Jan 2014720090.404.86$65,088
Dec 2013672091.824.35$61,703
Nov 2013507088.853.74$45,047
Oct 2013686097.423.78$66,830
Sep 20136960104.113.72$72,461
Aug 20136980104.253.52$72,767
Jul 20135210102.523.72$53,413
Jun 2013656094.403.93$61,926
May 2013681094.834.15$64,579
Apr 2013696093.964.28$65,396
Mar 2013539093.623.91$50,461
Feb 2013516091.233.42$47,075
Jan 2013650091.603.42$59,540
Dec 2012529086.773.42$45,901
Nov 2012643086.953.62$55,909
Oct 2012526089.383.40$47,014
Sep 2012673094.672.92$63,713
Aug 2012519092.662.91$48,091
Jul 2012631085.133.02$53,717
Jun 2012686079.822.52$54,757
May 2012522091.612.49$47,820
Apr 20126240101.652.00$63,430
Mar 20126870105.052.22$72,169
Feb 20125130101.102.57$51,864
Jan 2012500098.092.73$49,045
Dec 2011706096.873.24$68,390
Nov 2011707095.723.31$67,674
Oct 2011893084.983.65$75,887
Sep 2011542083.623.99$45,322
Aug 2011690083.404.15$57,546
Jul 2011551094.144.52$51,871
Jun 2011692092.904.64$64,287
May 2011691098.134.40$67,808
Apr 20117190105.964.33$76,185
Mar 2011757096.364.06$72,945
Feb 2011545085.644.18$46,674
Jan 2011723086.504.59$62,540
Dec 2010746085.734.35$63,955
Nov 2010511080.843.80$41,309
Oct 2010695078.103.51$54,280
Sep 2010686072.633.98$49,824
Aug 2010651073.684.42$47,966
Jul 2010615072.554.74$44,618
Jun 2010676070.364.91$47,563
May 2010616071.124.24$43,810
Apr 2010656081.694.12$53,589
Mar 2010712078.394.39$55,814
Feb 2010702073.585.44$51,653
Jan 2010510074.365.96$37,924
Dec 2009831071.445.48$59,367
Nov 2009691074.593.75$51,542
Oct 2009833072.544.11$60,426
Sep 2009641065.543.06$42,011
Aug 2009667067.423.22$44,969
Jul 2009694061.133.46$42,424
Jun 2009858066.163.90$56,765
May 2009730054.743.93$39,960
Apr 2009740046.773.59$34,610
Mar 2009879042.144.06$37,041
Feb 2009566032.814.63$18,570
Jan 2009691035.865.37$24,779
Dec 2008869037.105.98$32,240
Nov 2008867055.496.86$48,110
Oct 2008697075.246.92$52,442
Sep 20087380101.767.88$75,099
Aug 20087380114.228.48$84,294
Jul 20087100131.0811.39$93,067
Jun 20087210131.3313.03$94,689
May 20088630123.1711.57$106,296
Apr 20087320110.3110.45$80,747
Mar 20087040101.909.66$71,738
Feb 2008835092.538.77$77,263
Jan 2008694090.388.21$62,724
Dec 2007763088.337.30$67,396
Nov 2007700091.677.29$64,169
Oct 2007692082.856.92$57,332
Sep 2007667075.846.24$50,585
Aug 2007714069.066.39$49,309
Jul 2007704070.906.39$49,914
Jun 2007785062.007.55$48,670
May 2007718058.747.85$42,175
Apr 2007633059.617.81$37,733
Mar 2007735056.927.30$41,836
Feb 2007688055.108.22$37,909
Jan 2007665050.306.73$33,450
Dec 2006520056.656.92$29,458
Nov 2006531054.207.62$28,780
Oct 2006673054.906.01$36,948
Sep 2006701060.085.04$42,116
Aug 2006662068.717.34$45,486
Jul 2006563069.376.34$39,055
Jun 2006645066.286.38$42,751
May 2006677066.016.42$44,689
Apr 2006663064.397.36$42,691
Mar 2006730056.707.08$41,391
Feb 2006660057.597.75$38,009
Jan 2006715060.598.93$43,322
Dec 2005673054.9413.42$36,975
Nov 2005709054.6910.59$38,775
Oct 2005701058.3413.80$40,896
Sep 2005719061.4512.08$44,183
Aug 2005667061.519.80$41,027
Jul 2005689055.697.84$38,370
Jun 2005523052.337.38$27,369
May 2005450045.226.65$20,349
Apr 2005346049.207.36$17,023
Mar 2005665050.377.15$33,496
Feb 2005575045.226.31$26,002
Jan 2005525043.166.32$22,659
Dec 2004544039.866.75$21,684
Nov 2004561045.286.33$25,402
Oct 20040049.706.52$0
Sep 2004179043.245.28$7,740
Aug 2004498042.375.55$21,100
Jul 2004541038.286.08$20,709
Jun 2004720036.106.43$25,992
May 2004767037.486.49$28,747
Apr 2004727034.475.86$25,060
Mar 2004754034.365.53$25,907
Feb 2004521032.455.51$16,906
Jan 2004398032.036.30$12,748
Dec 2003885030.266.30$26,780
Nov 2003588028.804.60$16,934
Oct 2003562028.174.76$15,832
Sep 20030026.314.75$0
Aug 2003684029.765.13$20,356
Jul 2003557029.415.17$16,381
Jun 2003897028.565.98$25,618
May 2003689026.595.97$18,321
Apr 2003741026.675.41$19,762
Mar 2003722031.146.10$22,483
Feb 2003551033.487.93$18,447
Jan 2003855030.315.58$25,915
Dec 2002546026.914.85$14,693
Nov 2002534024.664.14$13,168
Oct 2002572026.464.23$15,135
Sep 2002533027.443.64$14,626
Aug 2002544025.963.16$14,122
Jul 2002739024.583.06$18,165
Jun 2002552023.733.34$13,099
May 2002387024.663.58$9,543
Apr 2002670023.653.51$15,846
Mar 2002685022.003.10$15,070
Feb 2002538018.222.38$9,802
Jan 2002697017.172.38$11,967
Dec 2001695016.932.36$11,766
Nov 2001563018.072.41$10,173
Oct 2001570019.782.53$11,275
Sep 2001689024.262.25$16,715
Aug 2001697024.873.05$17,334
Jul 2001563023.933.20$13,473
Jun 2001528024.563.82$12,968
May 2001700025.524.31$17,864
Apr 2001568024.685.34$14,018
Mar 2001564024.545.38$13,841
Feb 2001516027.755.77$14,319
Jan 2001704027.478.40$19,339
Dec 2000551026.889.12$14,811
Nov 2000356032.215.66$11,467
Oct 2000522031.235.15$16,302
Sep 2000558031.875.19$17,783
Aug 2000509029.644.54$15,087
Jul 2000567028.534.09$16,177
Jun 2000544029.304.40$15,939
May 2000542027.263.68$14,775
Apr 2000560024.513.12$13,726
Mar 2000545028.422.86$15,489
Feb 2000540027.622.73$14,915
Jan 2000552025.272.48$13,949
Dec 1999714024.282.42$17,336
Nov 1999682023.192.43$15,816
Oct 1999538020.982.80$11,287
Sep 1999487021.752.62$10,592
Aug 1999518019.262.88$9,977
Jul 1999539017.892.37$9,643
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 199862011.742.24$728
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 1998366012.802.31$4,685
Feb 1998185013.952.30$2,581
Jan 1998365014.702.15$5,366
Dec 1997188016.322.41$3,068
Nov 1997364018.193.09$6,621
Oct 1997385019.253.15$7,411
Sep 1997175017.742.95$3,105
Aug 1997385017.862.55$6,876
Jul 1997178017.582.25$3,129
Jun 1997330017.242.26$5,689
May 1997318018.972.31$6,032
Apr 1997209017.882.08$3,737
Mar 1997365018.951.94$6,917
Feb 1997182020.492.21$3,729
Jan 1997368023.483.54$8,641
Dec 1996357023.32$8,325
Nov 1996211021.97$4,636
Oct 1996361023.31$8,415
Sep 1996184022.22$4,088
Aug 1996204020.26$4,133
Jul 1996390019.55$7,625
Jun 1996372018.73$6,968
May 1996182019.43$3,536
Apr 1996361021.51$7,765
Mar 1996370019.38$7,171
Feb 1996183016.98$3,107
Jan 1996368017.07$6,282
Dec 1995188017.19$3,232
Nov 1995373016.00$5,968
Oct 1995326015.43$5,030
Sep 1995183016.18$2,961
Aug 1995436015.92$6,941
Jul 1995181015.24$2,758
Jun 1995359016.41$5,891
May 1995356017.56$6,251
Apr 1995178017.73$3,156
Mar 1995387016.44$6,362
Feb 1995185016.58$3,067
Jan 1995184015.92$2,929
Dec 1994358015.03$5,381
Nov 1994173015.90$2,751
Oct 1994362015.58$5,640
Sep 1994362115.29$5,535
Aug 1994176116.13$2,839
Jul 1994412117.56$7,235
Jun 1994182117.09$3,110
May 1994383115.88$6,082
Apr 1994183114.14$2,588
Mar 1994363112.46$4,523
Feb 1994374112.50$4,675
Jan 1994179112.66$2,266
Dec 1993313112.33$3,859
Nov 1993375114.49$5,434
Oct 1993184115.85$2,916
Sep 1993353115.03$5,306
Aug 1993375115.66$5,873
Jul 1993184115.46$2,845
Jun 1993176116.79$2,955
May 1993376117.68$6,648
Apr 1993197118.05$3,556
Mar 1993376118.14$6,821
Feb 1993183117.90$3,276
Jan 1993377116.93$6,383

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                  347 bbl  × $106.41 =    $36,924
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $36,924

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/7186 is the state's own key, not one this site invented.