MASON, J. F.

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 7342District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$2.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$79 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
OilDisposition59,297 bbl$2,540,680
Casinghead gasProduction6,160 Mcf$2,540
Total$2,543,220

5,083 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 20261470106.413.05$15,642
Apr 20260098.932.87$0
Mar 2026164089.753.15$14,719
Feb 2026152063.503.75$9,652
Jan 20260059.138.00$0
Dec 2025161056.664.41$9,122
Nov 20250058.593.93$0
Oct 2025176059.383.30$10,451
Sep 20250062.743.08$0
Aug 2025157063.933.01$10,037
Jul 20250066.743.32$0
Jun 2025146066.483.13$9,706
May 20250060.553.23$0
Apr 2025169062.363.54$10,539
Mar 20250067.704.27$0
Feb 2025147070.884.34$10,419
Jan 2025152074.324.28$11,297
Dec 20240068.993.12$0
Nov 2024153069.052.20$10,565
Oct 20240071.372.28$0
Sep 2024146069.612.36$10,163
Aug 2024154075.632.06$11,647
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024147078.812.20$11,585
Apr 20240084.451.66$0
Mar 2024144080.301.55$11,563
Feb 2024160076.091.78$12,174
Jan 20240073.023.30$0
Dec 2023153071.262.61$10,903
Nov 20230077.892.81$0
Oct 202397085.443.09$8,288
Sep 20230089.042.74$0
Aug 2023141080.522.67$11,353
Jul 20230074.852.64$0
Jun 2023148068.962.26$10,206
May 2023127070.622.23$8,969
Apr 20230078.122.24$0
Mar 2023114072.852.39$8,305
Feb 2023118075.112.47$8,863
Jan 20230076.533.39$0
Dec 2022137076.415.73$10,468
Nov 2022128085.005.65$10,880
Oct 20220087.185.86$0
Sep 2022144084.888.16$12,223
Aug 2022145094.529.13$13,705
Jul 202200101.587.54$0
Jun 20221420115.097.98$16,343
May 20221450109.378.43$15,859
Apr 202200104.226.84$0
Mar 20221750108.885.08$19,054
Feb 20220091.054.86$0
Jan 2022155081.844.54$12,685
Dec 20210071.323.90$0
Nov 2021148077.435.24$11,460
Oct 20210079.795.71$0
Sep 2021125069.865.35$8,733
Aug 2021135066.024.22$8,913
Jul 2021159070.783.98$11,254
Jun 2021165069.493.38$11,466
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021145050.412.81$7,309
Dec 20200044.642.68$0
Nov 2020170038.772.71$6,591
Oct 2020130036.972.48$4,806
Sep 20200037.091.99$0
Aug 2020155039.982.39$6,197
Jul 2020161038.371.83$6,178
Jun 2020168034.901.69$5,863
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020162030.341.86$4,915
Feb 2020160049.881.98$7,981
Jan 20200057.252.09$0
Dec 2019163059.012.30$9,619
Nov 2019162055.302.75$8,959
Oct 20190053.472.42$0
Sep 2019150055.052.66$8,258
Aug 2019169053.112.30$8,976
Jul 20190056.272.46$0
Jun 2019168052.782.49$8,867
May 20190058.482.74$0
Apr 2019177062.632.75$11,086
Mar 2019176056.803.06$9,997
Feb 2019163050.852.79$8,289
Jan 20190046.033.23$0
Dec 2018166046.594.19$7,734
Nov 2018166052.934.24$8,786
Oct 2018170061.443.40$10,445
Sep 20180059.543.11$0
Aug 2018167059.403.07$9,920
Jul 2018177065.142.93$11,530
Jun 20180060.183.08$0
May 2018181065.382.90$11,834
Apr 2018159063.842.90$10,151
Mar 2018157061.222.79$9,612
Feb 20180061.782.77$0
Jan 2018183062.874.01$11,505
Dec 20170057.272.92$0
Nov 2017165055.423.12$9,144
Oct 2017170049.292.98$8,379
Sep 2017153047.523.09$7,271
Aug 20170045.373.00$0
Jul 2017174043.873.09$7,633
Jun 2017169042.493.09$7,181
May 2017177045.373.26$8,030
Apr 20170047.933.21$0
Mar 2017178046.772.98$8,325
Feb 20170050.452.95$0
Jan 2017159049.413.42$7,856
Dec 20160048.763.72$0
Nov 2016168042.492.64$7,138
Oct 2016168046.193.09$7,760
Sep 20160041.553.10$0
Aug 2016164041.442.92$6,796
Jul 2016159041.622.92$6,618
Jun 20160045.352.69$0
May 2016178042.521.99$7,569
Apr 20160036.561.99$0
Mar 2016164033.011.79$5,414
Feb 2016180026.472.06$4,765
Jan 20160027.352.36$0
Dec 2015181032.362.00$5,857
Nov 2015165038.792.17$6,400
Oct 20150043.552.43$0
Sep 2015170042.992.76$7,308
Aug 2015173040.162.87$6,948
Jul 20150048.152.95$0
Jun 2015168056.152.88$9,433
May 20150055.212.96$0
Apr 2015163049.822.71$8,121
Mar 20150042.892.93$0
Feb 2015166044.662.98$7,414
Jan 20150043.433.10$0
Dec 2014176054.693.59$9,625
Nov 20140070.464.25$0
Oct 2014164078.303.90$12,841
Sep 2014175086.164.05$15,078
Aug 20140089.394.04$0
Jul 2014163096.564.18$15,739
Jun 20140098.164.74$0
May 2014171094.734.73$16,199
Apr 20140095.944.81$0
Mar 2014181095.895.06$17,356
Feb 20140097.406.19$0
Jan 2014183090.404.86$16,543
Dec 20130091.824.35$0
Nov 2013182088.853.74$16,171
Oct 2013164097.423.78$15,977
Sep 201300104.113.72$0
Aug 20131660104.253.52$17,306
Jul 201300102.523.72$0
Jun 2013169094.403.93$15,954
May 20130094.834.15$0
Apr 2013168093.964.28$15,785
Mar 20130093.623.91$0
Feb 2013173091.233.42$15,783
Jan 20130091.603.42$0
Dec 2012163086.773.42$14,144
Nov 20120086.953.62$0
Oct 2012184089.383.40$16,446
Sep 20120094.672.92$0
Aug 2012180092.662.91$16,679
Jul 20120085.133.02$0
Jun 2012160079.822.52$12,771
May 20120091.612.49$0
Apr 20121690101.652.00$17,179
Mar 20121670105.052.22$17,543
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 2011145096.873.24$14,046
Nov 2011155095.723.31$14,837
Oct 20110084.983.65$0
Sep 2011148083.623.99$12,376
Aug 20110083.404.15$0
Jul 2011161094.144.52$15,157
Jun 20110092.904.64$0
May 2011165098.134.40$16,191
Apr 20111590105.964.33$16,848
Mar 20110096.364.06$0
Feb 2011177085.644.18$15,158
Jan 2011166086.504.59$14,359
Dec 20100085.734.35$0
Nov 2010168080.843.80$13,581
Oct 2010172078.103.51$13,433
Sep 20100072.633.98$0
Aug 2010149073.684.42$10,978
Jul 2010195072.554.74$14,147
Jun 2010158070.364.91$11,117
May 2010190071.124.24$13,513
Apr 2010192081.694.12$15,684
Mar 2010192078.394.39$15,051
Feb 2010181073.585.44$13,318
Jan 2010158074.365.96$11,749
Dec 2009204071.445.48$14,574
Nov 2009178074.593.75$13,277
Oct 2009189072.544.11$13,710
Sep 2009185065.543.06$12,125
Aug 2009176067.423.22$11,866
Jul 2009199061.133.46$12,165
Jun 2009184066.163.90$12,173
May 2009164054.743.93$8,977
Apr 2009188046.773.59$8,793
Mar 2009194042.144.06$8,175
Feb 2009182032.814.63$5,971
Jan 2009194035.865.37$6,957
Dec 2008180037.105.98$6,678
Nov 2008185055.496.86$10,266
Oct 2008188075.246.92$14,145
Sep 200800101.767.88$0
Aug 20081520114.228.48$17,361
Jul 20081800131.0811.39$23,594
Jun 200800131.3313.03$0
May 20081560123.1711.57$19,215
Apr 20081740110.3110.45$19,194
Mar 20081590101.909.66$16,202
Feb 2008175092.538.77$16,193
Jan 2008168090.388.21$15,184
Dec 2007173088.337.30$15,281
Nov 20070091.677.29$0
Oct 2007184082.856.92$15,244
Sep 2007177075.846.24$13,424
Aug 2007185069.066.39$12,776
Jul 2007165070.906.39$11,699
Jun 20070062.007.55$0
May 2007183058.747.85$10,749
Apr 2007184059.617.81$10,968
Mar 2007180056.927.30$10,246
Feb 2007181055.108.22$9,973
Jan 20070050.306.73$0
Dec 2006106056.656.92$6,005
Nov 2006147054.207.62$7,967
Oct 2006165054.906.01$9,059
Sep 2006175060.085.04$10,514
Aug 2006176068.717.34$12,093
Jul 2006172069.376.34$11,932
Jun 2006165066.286.38$10,936
May 20060066.016.42$0
Apr 2006169064.397.36$10,882
Mar 2006152056.707.08$8,618
Feb 2006182057.597.75$10,481
Jan 2006185060.598.93$11,209
Dec 2005203054.9413.42$11,153
Nov 20050054.6910.59$0
Oct 2005176058.3413.80$10,268
Sep 2005185061.4512.08$11,368
Aug 20050061.519.80$0
Jul 2005181055.697.84$10,080
Jun 2005184052.337.38$9,629
May 2005206045.226.65$9,315
Apr 20050049.207.36$0
Mar 2005175050.377.15$8,815
Feb 2005208045.226.31$9,406
Jan 2005182043.166.32$7,855
Dec 20040039.866.75$0
Nov 2004182045.286.33$8,241
Oct 2004188049.706.52$9,344
Sep 2004185043.245.28$7,999
Aug 2004183042.375.55$7,754
Jul 2004208038.286.08$7,962
Jun 2004210036.106.43$7,581
May 2004182037.486.49$6,821
Apr 2004183034.475.86$6,308
Mar 2004185034.365.53$6,357
Feb 20040032.455.51$0
Jan 2004168032.036.30$5,381
Dec 2003192030.266.30$5,810
Nov 2003184028.804.60$5,299
Oct 2003207028.174.76$5,831
Sep 2003158026.314.75$4,157
Aug 20030029.765.13$0
Jul 2003180029.415.17$5,294
Jun 2003184028.565.98$5,255
May 2003207026.595.97$5,504
Apr 2003175026.675.41$4,667
Mar 20030031.146.10$0
Feb 2003186033.487.93$6,227
Jan 2003204030.315.58$6,183
Dec 2002207026.914.85$5,570
Nov 20020024.664.14$0
Oct 2002207026.464.23$5,477
Sep 2002186027.443.64$5,104
Aug 2002191025.963.16$4,958
Jul 2002184024.583.06$4,523
Jun 2002209023.733.34$4,960
May 20020024.663.58$0
Apr 2002178023.653.51$4,210
Mar 2002186022.003.10$4,092
Feb 2002206018.222.38$3,753
Jan 20020017.172.38$0
Dec 2001199016.932.36$3,369
Nov 2001210018.072.41$3,795
Oct 2001207019.782.53$4,094
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 2001212023.933.20$5,073
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 2001200024.685.34$4,936
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 2001210027.478.40$5,769
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 2000163031.235.15$5,090
Sep 2000186031.875.19$5,928
Aug 2000205029.644.54$6,076
Jul 2000188028.534.09$5,364
Jun 20000029.304.40$0
May 2000334027.263.68$9,105
Apr 20000024.513.12$0
Mar 2000182028.422.86$5,172
Feb 2000182027.622.73$5,027
Jan 2000188025.272.48$4,751
Dec 1999191024.282.42$4,637
Nov 1999191023.192.43$4,429
Oct 1999171020.982.80$3,588
Sep 19990021.752.62$0
Aug 1999208019.262.88$4,006
Jul 1999204017.892.37$3,650
Jun 1999180015.942.36$2,869
May 1999186015.792.32$2,937
Apr 1999206015.102.21$3,111
Mar 1999211012.471.84$2,631
Feb 1999009.981.82$0
Jan 1999189010.381.90$1,962
Dec 199819809.201.77$1,822
Nov 1998211010.892.19$2,298
Oct 1998208012.421.97$2,583
Sep 1998205012.592.08$2,581
Aug 1998177011.301.91$2,000
Jul 1998206011.742.24$2,418
Jun 1998204011.242.24$2,293
May 1998210012.622.21$2,650
Apr 1998209013.042.51$2,725
Mar 1998168012.802.31$2,150
Feb 1998175013.952.30$2,441
Jan 1998334014.702.15$4,910
Dec 1997168016.322.41$2,742
Nov 1997179018.193.09$3,256
Oct 1997162019.253.15$3,119
Sep 1997177017.742.95$3,140
Aug 19973516017.862.55$6,422
Jul 199718915217.582.25$3,664
Jun 199736613017.242.26$6,603
May 199718712618.972.31$3,838
Apr 199734916017.882.08$6,573
Mar 199718117718.951.94$3,773
Feb 199718413420.492.21$4,066
Jan 199717713823.483.54$4,644
Dec 199617712023.32$4,128
Nov 199637412521.97$8,217
Oct 199617811323.31$4,149
Sep 19961909322.22$4,222
Aug 19963613320.26$7,314
Jul 19961828219.55$3,558
Jun 199635111418.73$6,574
May 199618110919.43$3,517
Apr 19961731021.51$3,721
Mar 199602919.38$0
Feb 199618213816.98$3,090
Jan 19963627817.07$6,179
Dec 19953244817.19$5,570
Nov 19951776816.00$2,832
Oct 1995012615.43$0
Sep 199533510716.18$5,420
Aug 199517715315.92$2,818
Jul 199534215115.24$5,212
Jun 199519211116.41$3,151
May 19953798517.56$6,655
Apr 199504717.73$0
Mar 19953834416.44$6,297
Feb 19951764716.58$2,918
Jan 19951966215.92$3,120
Dec 19941866715.03$2,796
Nov 19944016915.90$6,376
Oct 19941917815.58$2,976
Sep 19941896015.29$2,890
Aug 19943614016.13$5,823
Jul 199417911417.56$3,143
Jun 199437711417.09$6,443
May 199418311415.88$2,906
Apr 199437511514.14$5,303
Mar 199438112712.46$4,747
Feb 199418011712.50$2,250
Jan 199455011812.66$6,963
Dec 199358511312.33$7,213
Nov 199335213414.49$5,100
Oct 199371917915.85$11,396
Sep 199355217815.03$8,297
Aug 199338219215.66$5,982
Jul 199371518415.46$11,054
Jun 199355019916.79$9,235
May 199354719917.68$9,671
Apr 199355418818.05$10,000
Mar 199352714018.14$9,560
Feb 19933858917.90$6,892
Jan 19935596216.93$9,464

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                  147 bbl  × $106.41 =    $15,642
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $15,642

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/7342 is the state's own key, not one this site invented.