PRICE, J. M.

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 7348District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$6.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$339 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
OilDisposition125,736 bbl$6,208,604
Casinghead gasProduction21 Mcf$0
Total$6,208,604

21 Mcf of this lease's gas, across 20 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 20265360106.413.05$57,036
Apr 2026358098.932.87$35,417
Mar 2026276089.753.15$24,771
Feb 2026362063.503.75$22,987
Jan 2026521059.138.00$30,807
Dec 2025358056.664.41$20,284
Nov 2025511058.593.93$29,939
Oct 2025342059.383.30$20,308
Sep 2025347062.743.08$21,771
Aug 2025353063.933.01$22,567
Jul 2025337066.743.32$22,491
Jun 2025466066.483.13$30,980
May 2025181060.553.23$10,960
Apr 2025347062.363.54$21,639
Mar 2025367067.704.27$24,846
Feb 2025496070.884.34$35,156
Jan 2025171074.324.28$12,709
Dec 2024511068.993.12$35,254
Nov 2024165069.052.20$11,393
Oct 2024454071.372.28$32,402
Sep 2024329069.612.36$22,902
Aug 2024336075.632.06$25,412
Jul 2024349079.932.15$27,896
Jun 2024168078.082.63$13,117
May 2024346078.812.20$27,268
Apr 2024339084.451.66$28,629
Mar 2024322080.301.55$25,857
Feb 2024310076.091.78$23,588
Jan 2024329073.023.30$24,024
Dec 2023345071.262.61$24,585
Nov 2023340077.892.81$26,483
Oct 2023157085.443.09$13,414
Sep 2023162089.042.74$14,424
Aug 2023297080.522.67$23,914
Jul 2023333074.852.64$24,925
Jun 2023317068.962.26$21,860
May 2023356070.622.23$25,141
Apr 2023190078.122.24$14,843
Mar 2023323072.852.39$23,531
Feb 2023171075.112.47$12,844
Jan 2023162076.533.39$12,398
Dec 2022335076.415.73$25,597
Nov 2022377085.005.65$32,045
Oct 2022342087.185.86$29,816
Sep 2022341084.888.16$28,944
Aug 2022355094.529.13$33,555
Jul 20221850101.587.54$18,792
Jun 20223580115.097.98$41,202
May 20222990109.378.43$32,702
Apr 20221770104.226.84$18,447
Mar 20222950108.885.08$32,120
Feb 2022310091.054.86$28,226
Jan 2022359081.844.54$29,381
Dec 2021359071.323.90$25,604
Nov 2021180077.435.24$13,937
Oct 2021335079.795.71$26,730
Sep 2021171069.865.35$11,946
Aug 2021361066.024.22$23,833
Jul 2021167070.783.98$11,820
Jun 2021174069.493.38$12,091
May 2021332063.483.02$21,075
Apr 2021355060.362.76$21,428
Mar 2021177061.302.72$10,850
Feb 2021168057.805.55$9,710
Jan 2021151050.412.81$7,612
Dec 2020131044.642.68$5,848
Nov 2020158038.772.71$6,126
Oct 2020138036.972.48$5,102
Sep 2020155037.091.99$5,749
Aug 2020310039.982.39$12,394
Jul 2020185038.371.83$7,098
Jun 2020326034.901.69$11,377
May 2020162016.921.81$2,741
Apr 2020343014.751.80$5,059
Mar 2020344030.341.86$10,437
Feb 2020159049.881.98$7,931
Jan 2020501057.252.09$28,682
Dec 2019337059.012.30$19,886
Nov 2019343055.302.75$18,968
Oct 2019332053.472.42$17,752
Sep 2019338055.052.66$18,607
Aug 2019184053.112.30$9,772
Jul 2019343056.272.46$19,301
Jun 2019182052.782.49$9,606
May 2019347058.482.74$20,293
Apr 2019521062.632.75$32,630
Mar 2019349056.803.06$19,823
Feb 2019359050.852.79$18,255
Jan 2019216046.033.23$9,942
Dec 2018297046.594.19$13,837
Nov 2018361052.934.24$19,108
Oct 2018342061.443.40$21,012
Sep 2018357059.543.11$21,256
Aug 2018343059.403.07$20,374
Jul 2018349065.142.93$22,734
Jun 2018352060.183.08$21,183
May 2018355065.382.90$23,210
Apr 2018355063.842.90$22,663
Mar 2018151061.222.79$9,244
Feb 2018341061.782.77$21,067
Jan 2018525062.874.01$33,007
Dec 2017354057.272.92$20,274
Nov 2017357055.423.12$19,785
Oct 2017355049.292.98$17,498
Sep 2017332047.523.09$15,777
Aug 2017353045.373.00$16,016
Jul 2017336043.873.09$14,740
Jun 2017355042.493.09$15,084
May 2017531045.373.26$24,091
Apr 2017178047.933.21$8,532
Mar 2017529046.772.98$24,741
Feb 2017172050.452.95$8,677
Jan 2017358049.413.42$17,689
Dec 2016532048.763.72$25,940
Nov 2016357042.492.64$15,169
Oct 2016355046.193.09$16,397
Sep 2016355041.553.10$14,750
Aug 2016355041.442.92$14,711
Jul 2016350041.622.92$14,567
Jun 2016342045.352.69$15,510
May 2016348042.521.99$14,797
Apr 2016340036.561.99$12,430
Mar 2016367033.011.79$12,115
Feb 2016327026.472.06$8,656
Jan 2016512027.352.36$14,003
Dec 2015358032.362.00$11,585
Nov 2015355038.792.17$13,770
Oct 2015354043.552.43$15,417
Sep 2015346042.992.76$14,875
Aug 2015349040.162.87$14,016
Jul 2015348048.152.95$16,756
Jun 2015356056.152.88$19,989
May 2015307055.212.96$16,949
Apr 2015346049.822.71$17,238
Mar 2015190042.892.93$8,149
Feb 2015309044.662.98$13,800
Jan 2015369043.433.10$16,026
Dec 2014322054.693.59$17,610
Nov 2014357070.464.25$25,154
Oct 2014314078.303.90$24,586
Sep 2014188086.164.05$16,198
Aug 2014349089.394.04$31,197
Jul 2014174096.564.18$16,801
Jun 2014354098.164.74$34,749
May 2014167094.734.73$15,820
Apr 2014347095.944.81$33,291
Mar 2014179095.895.06$17,164
Feb 2014360097.406.19$35,064
Jan 2014185090.404.86$16,724
Dec 2013374091.824.35$34,341
Nov 2013193088.853.74$17,148
Oct 2013361097.423.78$35,169
Sep 20131750104.113.72$18,219
Aug 20131900104.253.52$19,808
Jul 20133650102.523.72$37,420
Jun 2013353094.403.93$33,323
May 20130094.834.15$0
Apr 2013347093.964.28$32,604
Mar 2013183093.623.91$17,132
Feb 2013356091.233.42$32,478
Jan 2013180091.603.42$16,488
Dec 2012344086.773.42$29,849
Nov 2012178086.953.62$15,477
Oct 2012166089.383.40$14,837
Sep 2012352094.672.92$33,324
Aug 2012172092.662.91$15,938
Jul 2012356085.133.02$30,306
Jun 2012193079.822.52$15,405
May 2012120091.612.49$10,993
Apr 20121790101.652.00$18,195
Mar 20123550105.052.22$37,293
Feb 20121920101.102.57$19,411
Jan 2012180098.092.73$17,656
Dec 2011191096.873.24$18,502
Nov 2011319095.723.31$30,535
Oct 2011191084.983.65$16,231
Sep 2011188083.623.99$15,721
Aug 2011182083.404.15$15,179
Jul 2011184094.144.52$17,322
Jun 2011193092.904.64$17,930
May 2011375098.134.40$36,799
Apr 20111800105.964.33$19,073
Mar 2011195096.364.06$18,790
Feb 2011177085.644.18$15,158
Jan 2011391086.504.59$33,822
Dec 2010168085.734.35$14,403
Nov 2010154080.843.80$12,449
Oct 2010339078.103.51$26,476
Sep 2010166072.633.98$12,057
Aug 2010347073.684.42$25,567
Jul 2010196072.554.74$14,220
Jun 2010383070.364.91$26,948
May 2010182071.124.24$12,944
Apr 2010354081.694.12$28,918
Mar 2010178078.394.39$13,953
Feb 2010172073.585.44$12,656
Jan 2010198074.365.96$14,723
Dec 2009351071.445.48$25,075
Nov 2009193074.593.75$14,396
Oct 2009366072.544.11$26,550
Sep 2009172065.543.06$11,273
Aug 2009183067.423.22$12,338
Jul 2009352061.133.46$21,518
Jun 2009188066.163.90$12,438
May 2009377054.743.93$20,637
Apr 2009193046.773.59$9,027
Mar 2009390042.144.06$16,435
Feb 2009182032.814.63$5,971
Jan 2009199035.865.37$7,136
Dec 2008199037.105.98$7,383
Nov 2008371055.496.86$20,587
Oct 2008188075.246.92$14,145
Sep 200800101.767.88$0
Aug 20081770114.228.48$20,217
Jul 20083560131.0811.39$46,664
Jun 20081800131.3313.03$23,639
May 20083440123.1711.57$42,370
Apr 20083600110.3110.45$39,712
Mar 20083570101.909.66$36,378
Feb 2008182092.538.77$16,840
Jan 2008365090.388.21$32,989
Dec 2007361088.337.30$31,887
Nov 2007386091.677.29$35,385
Oct 2007359082.856.92$29,743
Sep 2007341075.846.24$25,861
Aug 2007381069.066.39$26,312
Jul 2007340070.906.39$24,106
Jun 2007353062.007.55$21,886
May 2007354058.747.85$20,794
Apr 2007381059.617.81$22,711
Mar 2007358056.927.30$20,377
Feb 2007364055.108.22$20,056
Jan 2007354050.306.73$17,806
Dec 2006359056.656.92$20,337
Nov 2006178054.207.62$9,648
Oct 2006351054.906.01$19,270
Sep 2006361060.085.04$21,689
Aug 2006338068.717.34$23,224
Jul 2006347069.376.34$24,071
Jun 2006181066.286.38$11,997
May 2006368066.016.42$24,292
Apr 2006364064.397.36$23,438
Mar 2006380056.707.08$21,546
Feb 2006389057.597.75$22,403
Jan 2006361060.598.93$21,873
Dec 2005383054.9413.42$21,042
Nov 2005415054.6910.59$22,696
Oct 2005199058.3413.80$11,610
Sep 2005344061.4512.08$21,139
Aug 2005355061.519.80$21,836
Jul 2005414055.697.84$23,056
Jun 2005365052.337.38$19,100
May 2005360045.226.65$16,279
Apr 2005363049.207.36$17,860
Mar 2005373050.377.15$18,788
Feb 2005368045.226.31$16,641
Jan 2005179043.166.32$7,726
Dec 2004392039.866.75$15,625
Nov 2004392045.286.33$17,750
Oct 2004186049.706.52$9,244
Sep 2004358043.245.28$15,480
Aug 2004389042.375.55$16,482
Jul 2004208038.286.08$7,962
Jun 2004360036.106.43$12,996
May 2004209037.486.49$7,833
Apr 2004418034.475.86$14,408
Mar 2004181034.365.53$6,219
Feb 2004380032.455.51$12,331
Jan 2004183032.036.30$5,861
Dec 2003377030.266.30$11,408
Nov 2003210028.804.60$6,048
Oct 2003380028.174.76$10,705
Sep 2003208026.314.75$5,472
Aug 2003390029.765.13$11,606
Jul 2003204029.415.17$6,000
Jun 2003377028.565.98$10,767
May 2003210026.595.97$5,584
Apr 2003379026.675.41$10,108
Mar 2003210031.146.10$6,539
Feb 2003177033.487.93$5,926
Jan 2003207030.315.58$6,274
Dec 2002401026.914.85$10,791
Nov 2002209024.664.14$5,154
Oct 2002417026.464.23$11,034
Sep 2002182027.443.64$4,994
Aug 2002207025.963.16$5,374
Jul 2002395024.583.06$9,709
Jun 2002395023.733.34$9,373
May 2002204024.663.58$5,031
Apr 2002415023.653.51$9,815
Mar 2002210022.003.10$4,620
Feb 2002210018.222.38$3,826
Jan 2002426017.172.38$7,314
Dec 2001187016.932.36$3,166
Nov 2001421018.072.41$7,607
Oct 2001190019.782.53$3,758
Sep 2001370024.262.25$8,976
Aug 2001206024.873.05$5,123
Jul 2001208023.933.20$4,977
Jun 2001417024.563.82$10,242
May 20010025.524.31$0
Apr 2001187024.685.34$4,615
Mar 2001421024.545.38$10,331
Feb 2001206027.755.77$5,717
Jan 2001210027.478.40$5,769
Dec 20000026.889.12$0
Nov 2000358032.215.66$11,531
Oct 2000209031.235.15$6,527
Sep 20000031.875.19$0
Aug 2000209029.644.54$6,195
Jul 2000211028.534.09$6,020
Jun 20000029.304.40$0
May 2000401027.263.68$10,931
Apr 2000202024.513.12$4,951
Mar 20000028.422.86$0
Feb 2000153027.622.73$4,226
Jan 2000183025.272.48$4,624
Dec 1999212024.282.42$5,147
Nov 1999211023.192.43$4,893
Oct 1999189020.982.80$3,965
Sep 1999411021.752.62$8,939
Aug 19990019.262.88$0
Jul 1999208017.892.37$3,721
Jun 1999206015.942.36$3,284
May 1999206015.792.32$3,253
Apr 1999206015.102.21$3,111
Mar 1999207012.471.84$2,581
Feb 199917709.981.82$1,766
Jan 1999208010.381.90$2,159
Dec 199820909.201.77$1,923
Nov 1998180010.892.19$1,960
Oct 1998370012.421.97$4,595
Sep 1998210012.592.08$2,644
Aug 1998185011.301.91$2,091
Jul 1998185011.742.24$2,172
Jun 1998364011.242.24$4,091
May 1998186012.622.21$2,347
Apr 1998203013.042.51$2,647
Mar 1998341012.802.31$4,365
Feb 1998163013.952.30$2,274
Jan 1998346014.702.15$5,086
Dec 1997322016.322.41$5,255
Nov 1997157018.193.09$2,856
Oct 1997330019.253.15$6,353
Sep 1997343017.742.95$6,085
Aug 1997321017.862.55$5,733
Jul 1997348017.582.25$6,118
Jun 1997335017.242.26$5,775
May 1997312018.972.31$5,919
Apr 1997332017.882.08$5,936
Mar 1997319018.951.94$6,045
Feb 1997317020.492.21$6,495
Jan 1997336023.483.54$7,889
Dec 1996353023.32$8,232
Nov 1996350021.97$7,690
Oct 1996491023.31$11,445
Sep 1996191022.22$4,244
Aug 1996348020.26$7,050
Jul 1996358019.55$6,999
Jun 1996370018.73$6,930
May 1996172019.43$3,342
Apr 1996347021.51$7,464
Mar 1996371019.38$7,190
Feb 1996558016.98$9,475
Jan 1996336017.07$5,736
Dec 1995338017.19$5,810
Nov 1995353016.00$5,648
Oct 1995357015.43$5,509
Sep 1995353016.18$5,712
Aug 1995420015.92$6,686
Jul 1995565015.24$8,611
Jun 1995383016.41$6,285
May 1995558017.56$9,798
Apr 1995361017.73$6,401
Mar 1995549016.44$9,026
Feb 1995378016.58$6,267
Jan 1995382015.92$6,081
Dec 1994378015.03$5,681
Nov 1994362015.90$5,756
Oct 1994383015.58$5,967
Sep 1994370015.29$5,657
Aug 1994564216.13$9,097
Jul 1994500117.56$8,780
Jun 1994551117.09$9,417
May 1994565115.88$8,972
Apr 1994555114.14$7,848
Mar 1994563112.46$7,015
Feb 1994551112.50$6,888
Jan 1994566112.66$7,166
Dec 1993547112.33$6,745
Nov 1993741114.49$10,737
Oct 1993542115.85$8,591
Sep 1993764115.03$11,483
Aug 1993750115.66$11,745
Jul 1993756115.46$11,688
Jun 1993547116.79$9,184
May 1993844117.68$14,922
Apr 1993752118.05$13,574
Mar 1993732118.14$13,278
Feb 1993943117.90$16,880
Jan 1993762116.93$12,901

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                  536 bbl  × $106.41 =    $57,036
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $57,036

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/7348 is the state's own key, not one this site invented.