CLAY HEIRS

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 7332District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$13.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$432 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
OilDisposition280,910 bbl$13,129,716
Casinghead gasProduction21 Mcf$0
Total$13,129,716

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 20265190106.413.05$55,227
Apr 2026519098.932.87$51,345
Mar 2026533089.753.15$47,837
Feb 2026329063.503.75$20,892
Jan 2026520059.138.00$30,748
Dec 2025535056.664.41$30,313
Nov 2025500058.593.93$29,295
Oct 2025513059.383.30$30,462
Sep 2025520062.743.08$32,625
Aug 2025535063.933.01$34,203
Jul 2025529066.743.32$35,305
Jun 2025508066.483.13$33,772
May 2025529060.553.23$32,031
Apr 2025507062.363.54$31,617
Mar 2025501067.704.27$33,918
Feb 2025475070.884.34$33,668
Jan 2025448074.324.28$33,295
Dec 2024483068.993.12$33,322
Nov 2024485069.052.20$33,489
Oct 2024304071.372.28$21,696
Sep 2024304069.612.36$21,161
Aug 2024515075.632.06$38,949
Jul 2024330079.932.15$26,377
Jun 2024331078.082.63$25,844
May 2024293078.812.20$23,091
Apr 2024451084.451.66$38,087
Mar 2024341080.301.55$27,382
Feb 2024278076.091.78$21,153
Jan 2024163073.023.30$11,902
Dec 2023512071.262.61$36,485
Nov 2023473077.892.81$36,842
Oct 2023486085.443.09$41,524
Sep 2023467089.042.74$41,582
Aug 2023641080.522.67$51,613
Jul 2023291074.852.64$21,781
Jun 2023603068.962.26$41,583
May 2023617070.622.23$43,573
Apr 2023469078.122.24$36,638
Mar 2023682072.852.39$49,684
Feb 2023500075.112.47$37,555
Jan 2023703076.533.39$53,801
Dec 2022655076.415.73$50,049
Nov 2022635085.005.65$53,975
Oct 2022493087.185.86$42,980
Sep 2022500084.888.16$42,440
Aug 2022619094.529.13$58,508
Jul 20225210101.587.54$52,923
Jun 20223390115.097.98$39,016
May 20225010109.378.43$54,794
Apr 20224840104.226.84$50,442
Mar 20225460108.885.08$59,448
Feb 2022540091.054.86$49,167
Jan 2022503081.844.54$41,166
Dec 2021476071.323.90$33,948
Nov 2021473077.435.24$36,624
Oct 2021347079.795.71$27,687
Sep 2021296069.865.35$20,679
Aug 2021299066.024.22$19,740
Jul 2021298070.783.98$21,092
Jun 2021299069.493.38$20,778
May 2021312063.483.02$19,806
Apr 2021288060.362.76$17,384
Mar 2021424061.302.72$25,991
Feb 2021311057.805.55$17,976
Jan 2021324050.412.81$16,333
Dec 2020286044.642.68$12,767
Nov 2020286038.772.71$11,088
Oct 2020500036.972.48$18,485
Sep 2020318037.091.99$11,795
Aug 2020323039.982.39$12,914
Jul 2020500038.371.83$19,185
Jun 2020178034.901.69$6,212
May 2020317016.921.81$5,364
Apr 2020322014.751.80$4,750
Mar 2020318030.341.86$9,648
Feb 2020311049.881.98$15,513
Jan 2020331057.252.09$18,950
Dec 2019528059.012.30$31,157
Nov 2019184055.302.75$10,175
Oct 2019173053.472.42$9,250
Sep 2019334055.052.66$18,387
Aug 2019315053.112.30$16,730
Jul 2019306056.272.46$17,219
Jun 2019160052.782.49$8,445
May 2019467058.482.74$27,310
Apr 2019335062.632.75$20,981
Mar 2019349056.803.06$19,823
Feb 2019506050.852.79$25,730
Jan 2019703046.033.23$32,359
Dec 2018695046.594.19$32,380
Nov 2018527052.934.24$27,894
Oct 2018714061.443.40$43,868
Sep 2018525059.543.11$31,259
Aug 2018667059.403.07$39,620
Jul 2018880065.142.93$57,323
Jun 2018350060.183.08$21,063
May 2018698065.382.90$45,635
Apr 2018537063.842.90$34,282
Mar 2018522061.222.79$31,957
Feb 2018326061.782.77$20,140
Jan 2018532062.874.01$33,447
Dec 2017534057.272.92$30,582
Nov 2017532055.423.12$29,483
Oct 2017690049.292.98$34,010
Sep 2017518047.523.09$24,615
Aug 2017674045.373.00$30,579
Jul 2017690043.873.09$30,270
Jun 2017714042.493.09$30,338
May 2017883045.373.26$40,062
Apr 2017532047.933.21$25,499
Mar 2017670046.772.98$31,336
Feb 2017355050.452.95$17,910
Jan 2017348049.413.42$17,195
Dec 2016500048.763.72$24,380
Nov 2016527042.492.64$22,392
Oct 2016531046.193.09$24,527
Sep 2016511041.553.10$21,232
Aug 2016634041.442.92$26,273
Jul 2016694041.622.92$28,884
Jun 2016529045.352.69$23,990
May 2016502042.521.99$21,345
Apr 2016483036.561.99$17,658
Mar 2016523033.011.79$17,264
Feb 2016527026.472.06$13,950
Jan 2016702027.352.36$19,200
Dec 2015701032.362.00$22,684
Nov 2015520038.792.17$20,171
Oct 2015704043.552.43$30,659
Sep 2015651042.992.76$27,986
Aug 2015650040.162.87$26,104
Jul 2015668048.152.95$32,164
Jun 2015683056.152.88$38,350
May 2015506055.212.96$27,936
Apr 2015694049.822.71$34,575
Mar 2015542042.892.93$23,246
Feb 2015693044.662.98$30,949
Jan 2015712043.433.10$30,922
Dec 2014711054.693.59$38,885
Nov 2014536070.464.25$37,767
Oct 2014842078.303.90$65,929
Sep 2014516086.164.05$44,459
Aug 2014721089.394.04$64,450
Jul 2014714096.564.18$68,944
Jun 2014534098.164.74$52,417
May 2014667094.734.73$63,185
Apr 2014714095.944.81$68,501
Mar 2014733095.895.06$70,287
Feb 2014534097.406.19$52,012
Jan 2014743090.404.86$67,167
Dec 2013686091.824.35$62,989
Nov 2013542088.853.74$48,157
Oct 2013878097.423.78$85,535
Sep 20136040104.113.72$62,882
Aug 20136940104.253.52$72,350
Jul 20138750102.523.72$89,705
Jun 2013718094.403.93$67,779
May 2013517094.834.15$49,027
Apr 2013905093.964.28$85,034
Mar 2013543093.623.91$50,836
Feb 2013715091.233.42$65,229
Jan 2013716091.603.42$65,586
Dec 2012551086.773.42$47,810
Nov 2012728086.953.62$63,300
Oct 2012901089.383.40$80,531
Sep 2012545094.672.92$51,595
Aug 2012715092.662.91$66,252
Jul 2012724085.133.02$61,634
Jun 2012742079.822.52$59,226
May 2012747091.612.49$68,433
Apr 20127430101.652.00$75,526
Mar 20127070105.052.22$74,270
Feb 20127240101.102.57$73,196
Jan 2012819098.092.73$80,336
Dec 2011729096.873.24$70,618
Nov 2011573095.723.31$54,848
Oct 2011695084.983.65$59,061
Sep 2011739083.623.99$61,795
Aug 2011743083.404.15$61,966
Jul 2011911094.144.52$85,762
Jun 2011707092.904.64$65,680
May 2011719098.134.40$70,555
Apr 20115520105.964.33$58,490
Mar 2011722096.364.06$69,572
Feb 2011570085.644.18$48,815
Jan 2011595086.504.59$51,468
Dec 2010571085.734.35$48,952
Nov 2010744080.843.80$60,145
Oct 2010548078.103.51$42,799
Sep 2010711072.633.98$51,640
Aug 2010683073.684.42$50,323
Jul 2010902072.554.74$65,440
Jun 2010594070.364.91$41,794
May 2010746071.124.24$53,056
Apr 2010897081.694.12$73,276
Mar 2010757078.394.39$59,341
Feb 2010356073.585.44$26,194
Jan 2010761074.365.96$56,588
Dec 2009751071.445.48$53,651
Nov 2009583074.593.75$43,486
Oct 2009685072.544.11$49,690
Sep 2009754065.543.06$49,417
Aug 2009706067.423.22$47,599
Jul 2009756061.133.46$46,214
Jun 2009756066.163.90$50,017
May 2009743054.743.93$40,672
Apr 2009771046.773.59$36,060
Mar 2009764042.144.06$32,195
Feb 2009744032.814.63$24,411
Jan 2009585035.865.37$20,978
Dec 2008567037.105.98$21,036
Nov 2008365055.496.86$20,254
Oct 2008527075.246.92$39,651
Sep 20085610101.767.88$57,087
Aug 20083430114.228.48$39,177
Jul 20085530131.0811.39$72,487
Jun 20086330131.3313.03$83,132
May 20089250123.1711.57$113,932
Apr 20086880110.3110.45$75,893
Mar 20086800101.909.66$69,292
Feb 2008686092.538.77$63,476
Jan 2008889090.388.21$80,348
Dec 2007721088.337.30$63,686
Nov 2007562091.677.29$51,519
Oct 2007757082.856.92$62,717
Sep 2007560075.846.24$42,470
Aug 2007567069.066.39$39,157
Jul 2007901070.906.39$63,881
Jun 2007537062.007.55$33,294
May 2007553058.747.85$32,483
Apr 2007560059.617.81$33,382
Mar 2007926056.927.30$52,708
Feb 2007555055.108.22$30,581
Jan 2007569050.306.73$28,621
Dec 2006571056.656.92$32,347
Nov 2006726054.207.62$39,349
Oct 2006679054.906.01$37,277
Sep 2006548060.085.04$32,924
Aug 2006737068.717.34$50,639
Jul 2006717069.376.34$49,738
Jun 2006703066.286.38$46,595
May 2006575066.016.42$37,956
Apr 2006662064.397.36$42,626
Mar 2006951056.707.08$53,922
Feb 2006545057.597.75$31,387
Jan 2006944060.598.93$57,197
Dec 2005398054.9413.42$21,866
Nov 2005780054.6910.59$42,658
Oct 2005770058.3413.80$44,922
Sep 2005747061.4512.08$45,903
Aug 2005539061.519.80$33,154
Jul 2005787055.697.84$43,828
Jun 2005671052.337.38$35,113
May 2005746045.226.65$33,734
Apr 2005740049.207.36$36,408
Mar 2005767050.377.15$38,634
Feb 2005754045.226.31$34,096
Jan 2005597043.166.32$25,767
Dec 2004941039.866.75$37,508
Nov 2004783045.286.33$35,454
Oct 2004541049.706.52$26,888
Sep 2004502043.245.28$21,706
Aug 2004566042.375.55$23,981
Jul 2004588038.286.08$22,509
Jun 2004739036.106.43$26,678
May 2004536037.486.49$20,089
Apr 2004767034.475.86$26,438
Mar 2004573034.365.53$19,688
Feb 2004792032.455.51$25,700
Jan 2004555032.036.30$17,777
Dec 2003772030.266.30$23,361
Nov 2003629028.804.60$18,115
Oct 2003579028.174.76$16,310
Sep 2003962026.314.75$25,310
Aug 2003603029.765.13$17,945
Jul 2003589029.415.17$17,322
Jun 2003796028.565.98$22,734
May 2003828026.595.97$22,017
Apr 2003826026.675.41$22,029
Mar 2003625031.146.10$19,463
Feb 2003624033.487.93$20,892
Jan 2003597030.315.58$18,095
Dec 2002783026.914.85$21,071
Nov 2002423024.664.14$10,431
Oct 2002824026.464.23$21,803
Sep 2002571027.443.64$15,668
Aug 2002623025.963.16$16,173
Jul 2002995024.583.06$24,457
Jun 2002581023.733.34$13,787
May 2002409024.663.58$10,086
Apr 2002949023.653.51$22,444
Mar 2002390022.003.10$8,580
Feb 2002611018.222.38$11,132
Jan 2002396017.172.38$6,799
Dec 2001822016.932.36$13,916
Nov 2001393018.072.41$7,102
Oct 2001616019.782.53$12,184
Sep 2001744024.262.25$18,049
Aug 2001797024.873.05$19,821
Jul 2001825023.933.20$19,742
Jun 2001590024.563.82$14,490
May 2001616025.524.31$15,720
Apr 2001762024.685.34$18,806
Mar 20011,023024.545.38$25,104
Feb 2001620027.755.77$17,205
Jan 2001770027.478.40$21,152
Dec 2000614026.889.12$16,504
Nov 2000826032.215.66$26,605
Oct 20001,011031.235.15$31,574
Sep 2000827031.875.19$26,356
Aug 20001,023029.644.54$30,322
Jul 2000830028.534.09$23,680
Jun 2000600029.304.40$17,580
May 20001,139027.263.68$31,049
Apr 2000795024.513.12$19,485
Mar 2000588028.422.86$16,711
Feb 2000743027.622.73$20,522
Jan 2000535025.272.48$13,519
Dec 1999729024.282.42$17,700
Nov 1999729023.192.43$16,906
Oct 1999605020.982.80$12,693
Sep 1999754021.752.62$16,400
Aug 1999391019.262.88$7,531
Jul 1999613017.892.37$10,967
Jun 1999785015.942.36$12,513
May 1999582015.792.32$9,190
Apr 1999802015.102.21$12,110
Mar 1999787012.471.84$9,814
Feb 199984309.981.82$8,413
Jan 1999785010.381.90$8,148
Dec 199899909.201.77$9,191
Nov 1998999010.892.19$10,879
Oct 1998812012.421.97$10,085
Sep 1998781012.592.08$9,833
Aug 1998774011.301.91$8,746
Jul 1998733011.742.24$8,605
Jun 1998581011.242.24$6,530
May 1998976012.622.21$12,317
Apr 1998598013.042.51$7,798
Mar 1998843012.802.31$10,790
Feb 1998595013.952.30$8,300
Jan 1998868014.702.15$12,760
Dec 1997831016.322.41$13,562
Nov 1997717018.193.09$13,042
Oct 1997847019.253.15$16,305
Sep 1997885017.742.95$15,700
Aug 1997841017.862.55$15,020
Jul 1997923017.582.25$16,226
Jun 1997882017.242.26$15,206
May 1997876018.972.31$16,618
Apr 1997874017.882.08$15,627
Mar 1997683018.951.94$12,943
Feb 1997832020.492.21$17,048
Jan 1997866023.483.54$20,334
Dec 19961,068023.32$24,906
Nov 1996707021.97$15,533
Oct 19961,043023.31$24,312
Sep 1996947022.22$21,042
Aug 1996924020.26$18,720
Jul 19961,135019.55$22,189
Jun 1996918018.73$17,194
May 1996733019.43$14,242
Apr 19961,119021.51$24,070
Mar 1996754019.38$14,613
Feb 1996763016.98$12,956
Jan 19961,128017.07$19,255
Dec 1995901017.19$15,488
Nov 19951,051016.00$16,816
Oct 1995833015.43$12,853
Sep 19951,086016.18$17,571
Aug 19951,089015.92$17,337
Jul 1995933015.24$14,219
Jun 19951,111016.41$18,232
May 19951,125017.56$19,755
Apr 19951,104017.73$19,574
Mar 19951,302016.44$21,405
Feb 1995752016.58$12,468
Jan 1995959015.92$15,267
Dec 1994948015.03$14,248
Nov 1994911015.90$14,485
Oct 1994921015.58$14,349
Sep 19941,338115.29$20,458
Aug 19941,332116.13$21,485
Jul 19941,266117.56$22,231
Jun 19941,489117.09$25,447
May 19941,458115.88$23,153
Apr 19941,670114.14$23,614
Mar 19941,643112.46$20,472
Feb 19941,296112.50$16,200
Jan 19941,883112.66$23,839
Dec 19932,100112.33$25,893
Nov 19932,062114.49$29,878
Oct 19931,887115.85$29,909
Sep 19931,627115.03$24,454
Aug 19931,679115.66$26,293
Jul 19931,867115.46$28,864
Jun 19931,654116.79$27,771
May 19932,242117.68$39,639
Apr 19931,695118.05$30,595
Mar 19932,093118.14$37,967
Feb 19931,727117.90$30,913
Jan 19932,098116.93$35,519

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                  519 bbl  × $106.41 =    $55,227
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $55,227

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/7332 is the state's own key, not one this site invented.