ELDER -B-

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 7441District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$2.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$63 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
OilDisposition43,507 bbl$2,468,510
Casinghead gasProduction9,261 Mcf$5,072
Total$2,473,581

7,058 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 2026980106.413.05$10,428
Apr 202695098.932.87$9,398
Mar 202694089.753.15$8,437
Feb 20260063.503.75$0
Jan 202695059.138.00$5,617
Dec 202591056.664.41$5,156
Nov 20250058.593.93$0
Oct 202597059.383.30$5,760
Sep 202596062.743.08$6,023
Aug 202596063.933.01$6,137
Jul 20250066.743.32$0
Jun 202594066.483.13$6,249
May 202596060.553.23$5,813
Apr 202589062.363.54$5,550
Mar 202589067.704.27$6,025
Feb 202588070.884.34$6,237
Jan 20250074.324.28$0
Dec 202497068.993.12$6,692
Nov 202491069.052.20$6,284
Oct 202495071.372.28$6,780
Sep 202491069.612.36$6,335
Aug 202487075.632.06$6,580
Jul 202491079.932.15$7,274
Jun 202496078.082.63$7,496
May 202493078.812.20$7,329
Apr 20240084.451.66$0
Mar 202485080.301.55$6,826
Feb 202494076.091.78$7,152
Jan 20240073.023.30$0
Dec 2023127071.262.61$9,050
Nov 20230077.892.81$0
Oct 2023123085.443.09$10,509
Sep 20230089.042.74$0
Aug 2023120080.522.67$9,662
Jul 2023115074.852.64$8,608
Jun 2023128068.962.26$8,827
May 2023108070.622.23$7,627
Apr 2023108078.122.24$8,437
Mar 20230072.852.39$0
Feb 2023110075.112.47$8,262
Jan 2023111076.533.39$8,495
Dec 2022128076.415.73$9,780
Nov 2022118085.005.65$10,030
Oct 2022114087.185.86$9,939
Sep 2022117084.888.16$9,931
Aug 20220094.529.13$0
Jul 20221200101.587.54$12,190
Jun 202200115.097.98$0
May 20221120109.378.43$12,249
Apr 202200104.226.84$0
Mar 20221230108.885.08$13,392
Feb 2022111091.054.86$10,107
Jan 20220081.844.54$0
Dec 2021115071.323.90$8,202
Nov 2021116077.435.24$8,982
Oct 2021122079.795.71$9,734
Sep 20210069.865.35$0
Aug 2021116066.024.22$7,658
Jul 2021109070.783.98$7,715
Jun 20210069.493.38$0
May 2021126063.483.02$7,998
Apr 2021238060.362.76$14,366
Mar 2021114061.302.72$6,988
Feb 20210057.805.55$0
Jan 2021166050.412.81$8,368
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 2020117036.972.48$4,325
Sep 2020109037.091.99$4,043
Aug 20200039.982.39$0
Jul 2020116038.371.83$4,451
Jun 2020112034.901.69$3,909
May 2020220016.921.81$3,722
Apr 2020113014.751.80$1,667
Mar 2020116030.341.86$3,519
Feb 2020116049.881.98$5,786
Jan 2020236057.252.09$13,511
Dec 2019122059.012.30$7,199
Nov 2019126055.302.75$6,968
Oct 2019105053.472.42$5,614
Sep 2019120055.052.66$6,606
Aug 2019231053.112.30$12,268
Jul 2019119056.272.46$6,696
Jun 2019116052.782.49$6,122
May 2019231058.482.74$13,509
Apr 2019118062.632.75$7,390
Mar 2019128056.803.06$7,270
Feb 2019111050.852.79$5,644
Jan 2019109046.033.23$5,017
Dec 2018222046.594.19$10,343
Nov 2018117052.934.24$6,193
Oct 2018122061.443.40$7,496
Sep 2018116059.543.11$6,907
Aug 2018221059.403.07$13,127
Jul 2018117065.142.93$7,621
Jun 2018101060.183.08$6,078
May 2018126065.382.90$8,238
Apr 2018231063.842.90$14,747
Mar 2018120061.222.79$7,346
Feb 2018119061.782.77$7,352
Jan 2018243062.874.01$15,277
Dec 2017119057.272.92$6,815
Nov 2017116055.423.12$6,429
Oct 2017247049.292.98$12,175
Sep 2017118047.523.09$5,607
Aug 2017119045.373.00$5,399
Jul 2017116043.873.09$5,089
Jun 2017117042.493.09$4,971
May 2017238045.373.26$10,798
Apr 2017117047.933.21$5,608
Mar 2017116046.772.98$5,425
Feb 2017116050.452.95$5,852
Jan 2017109049.413.42$5,386
Dec 2016118048.763.72$5,754
Nov 2016244042.492.64$10,368
Oct 2016119046.193.09$5,497
Sep 2016108041.553.10$4,487
Aug 2016117041.442.92$4,848
Jul 2016106041.622.92$4,412
Jun 2016115045.352.69$5,215
May 2016221042.521.99$9,397
Apr 2016113036.561.99$4,131
Mar 2016118033.011.79$3,895
Feb 2016111026.472.06$2,938
Jan 2016128027.352.36$3,501
Dec 2015247032.362.00$7,993
Nov 2015119038.792.17$4,616
Oct 2015118043.552.43$5,139
Sep 2015120042.992.76$5,159
Aug 2015218040.162.87$8,755
Jul 2015236048.152.95$11,363
Jun 20150056.152.88$0
May 2015240055.212.96$13,250
Apr 2015119049.822.71$5,929
Mar 2015125042.892.93$5,361
Feb 2015245044.662.98$10,942
Jan 2015115043.433.10$4,994
Dec 2014115054.693.59$6,289
Nov 2014213070.464.25$15,008
Oct 2014117078.303.90$9,161
Sep 2014222086.164.05$19,128
Aug 2014118089.394.04$10,548
Jul 2014115096.564.18$11,104
Jun 2014122098.164.74$11,976
May 2014205094.734.73$19,420
Apr 2014126095.944.81$12,088
Mar 2014119095.895.06$11,411
Feb 2014121097.406.19$11,785
Jan 2014225090.404.86$20,340
Dec 2013116091.824.35$10,651
Nov 2013128088.853.74$11,373
Oct 2013232097.423.78$22,601
Sep 20131160104.113.72$12,077
Aug 20131120104.253.52$11,676
Jul 20132290102.523.72$23,477
Jun 2013111094.403.93$10,478
May 2013110094.834.15$10,431
Apr 2013227093.964.28$21,329
Mar 2013121093.623.91$11,328
Feb 2013115091.233.42$10,491
Jan 2013112091.603.42$10,259
Dec 2012237086.773.42$20,564
Nov 2012128086.953.62$11,130
Oct 2012120089.383.40$10,726
Sep 2012241094.672.92$22,815
Aug 2012116092.662.91$10,749
Jul 2012116085.133.02$9,875
Jun 2012218079.822.52$17,401
May 2012116091.612.49$10,627
Apr 20122350101.652.00$23,888
Mar 20121200105.052.22$12,606
Feb 20121210101.102.57$12,233
Jan 2012241098.092.73$23,640
Dec 2011116096.873.24$11,237
Nov 2011244095.723.31$23,356
Oct 2011119084.983.65$10,113
Sep 2011234083.623.99$19,567
Aug 2011116083.404.15$9,674
Jul 2011233094.144.52$21,935
Jun 2011116092.904.64$10,776
May 2011119098.134.40$11,677
Apr 20112500105.964.33$26,490
Mar 2011123096.364.06$11,852
Feb 2011118085.644.18$10,106
Jan 2011188086.504.59$16,262
Dec 2010119085.734.35$10,202
Nov 2010243080.843.80$19,644
Oct 2010119078.103.51$9,294
Sep 2010121072.633.98$8,788
Aug 2010251073.684.42$18,494
Jul 20100072.554.74$0
Jun 2010142070.364.91$9,991
May 2010123071.124.24$8,748
Apr 2010122081.694.12$9,966
Mar 2010120078.394.39$9,407
Feb 2010122073.585.44$8,977
Jan 2010244074.365.96$18,144
Dec 2009118071.445.48$8,430
Nov 2009246074.593.75$18,349
Oct 2009120072.544.11$8,705
Sep 2009120065.543.06$7,865
Aug 2009113067.423.22$7,618
Jul 2009232061.133.46$14,182
Jun 2009128066.163.90$8,468
May 2009121054.743.93$6,624
Apr 2009120046.773.59$5,612
Mar 2009232042.144.06$9,776
Feb 200998032.814.63$3,215
Jan 2009114035.865.37$4,088
Dec 2008235037.105.98$8,719
Nov 2008120055.496.86$6,659
Oct 2008113075.246.92$8,502
Sep 20081180101.767.88$12,008
Aug 20082370114.228.48$27,070
Jul 20081220131.0811.39$15,992
Jun 20083190131.3313.03$41,894
May 200800123.1711.57$0
Apr 20081110110.3110.45$12,244
Mar 20082150101.909.66$21,909
Feb 200897092.538.77$8,975
Jan 2008237090.388.21$21,420
Dec 2007112088.337.30$9,893
Nov 2007122091.677.29$11,184
Oct 2007106082.856.92$8,782
Sep 2007120075.846.24$9,101
Aug 2007118069.066.39$8,149
Jul 2007113070.906.39$8,012
Jun 2007113062.007.55$7,006
May 2007117058.747.85$6,873
Apr 2007119059.617.81$7,094
Mar 2007228056.927.30$12,978
Feb 2007117055.108.22$6,447
Jan 2007190050.306.73$9,557
Dec 2006109056.656.92$6,175
Nov 2006117054.207.62$6,341
Oct 2006217054.906.01$11,913
Sep 2006106060.085.04$6,368
Aug 2006129068.717.34$8,864
Jul 2006229069.376.34$15,886
Jun 2006122066.286.38$8,086
May 2006223066.016.42$14,720
Apr 20060064.397.36$0
Mar 2006122056.707.08$6,917
Feb 20060057.597.75$0
Jan 2006129060.598.93$7,816
Dec 20050054.9413.42$0
Nov 2005107054.6910.59$5,852
Oct 20050058.3413.80$0
Sep 2005122061.4512.08$7,497
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 2005115052.337.38$6,018
May 20050045.226.65$0
Apr 2005128049.207.36$6,298
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 2005115043.166.32$4,963
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 2004111049.706.52$5,517
Sep 20040043.245.28$0
Aug 2004115042.375.55$4,873
Jul 20040038.286.08$0
Jun 2004102036.106.43$3,682
May 20040037.486.49$0
Apr 2004122034.475.86$4,205
Mar 20040034.365.53$0
Feb 2004114032.455.51$3,699
Jan 20040032.036.30$0
Dec 200399030.266.30$2,996
Nov 2003100028.804.60$2,880
Oct 2003217028.174.76$6,113
Sep 20030026.314.75$0
Aug 2003111029.765.13$3,303
Jul 2003111029.415.17$3,265
Jun 2003114028.565.98$3,256
May 2003112026.595.97$2,978
Apr 2003120026.675.41$3,200
Mar 2003114031.146.10$3,550
Feb 2003108033.487.93$3,616
Jan 2003116030.315.58$3,516
Dec 2002113026.914.85$3,041
Nov 2002112024.664.14$2,762
Oct 2002212026.464.23$5,610
Sep 2002116027.443.64$3,183
Aug 2002116025.963.16$3,011
Jul 2002118024.583.06$2,900
Jun 2002120023.733.34$2,848
May 2002117024.663.58$2,885
Apr 2002113023.653.51$2,672
Mar 2002111022.003.10$2,442
Feb 2002111018.222.38$2,022
Jan 2002113017.172.38$1,940
Dec 2001113016.932.36$1,913
Nov 2001112018.072.41$2,024
Oct 2001114019.782.53$2,255
Sep 2001113024.262.25$2,741
Aug 2001111024.873.05$2,761
Jul 2001114023.933.20$2,728
Jun 20010024.563.82$0
May 2001120025.524.31$3,062
Apr 2001215024.685.34$5,306
Mar 20010024.545.38$0
Feb 2001106027.755.77$2,942
Jan 2001100027.478.40$2,747
Dec 20000026.889.12$0
Nov 200088032.215.66$2,834
Oct 200092031.235.15$2,873
Sep 200083031.875.19$2,645
Aug 200086029.644.54$2,549
Jul 2000104028.534.09$2,967
Jun 200096029.304.40$2,813
May 2000118027.263.68$3,217
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 199961019.262.88$1,175
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 1999009.981.82$0
Jan 199904610.381.90$87
Dec 19980399.201.77$69
Nov 199805410.892.19$118
Oct 1998604612.421.97$836
Sep 1998676012.592.08$968
Aug 1998856111.301.91$1,077
Jul 1998865811.742.24$1,139
Jun 199811610911.242.24$1,548
May 199810913212.622.21$1,667
Apr 199802413.042.51$60
Mar 1998655612.802.31$961
Feb 1998935513.952.30$1,424
Jan 199805914.702.15$127
Dec 1997826216.322.41$1,488
Nov 1997635918.193.09$1,328
Oct 1997728219.253.15$1,644
Sep 1997838717.742.95$1,729
Aug 19971178317.862.55$2,302
Jul 1997987617.582.25$1,894
Jun 19978419217.242.26$1,882
May 19977921018.972.31$1,983
Apr 1997019217.882.08$400
Mar 199723521618.951.94$4,872
Feb 199709220.492.21$203
Jan 1997745323.483.54$1,925
Dec 19968713123.32$2,029
Nov 1996013521.97$0
Oct 199618416023.31$4,289
Sep 1996737722.22$1,622
Aug 1996010420.26$0
Jul 19968810119.55$1,720
Jun 19969315018.73$1,742
May 199617014819.43$3,303
Apr 1996015521.51$0
Mar 199610517419.38$2,035
Feb 1996011116.98$0
Jan 19968813317.07$1,502
Dec 1995668817.19$1,135
Nov 199511010316.00$1,760
Oct 19959813215.43$1,512
Sep 199510311416.18$1,667
Aug 19959811815.92$1,560
Jul 19959912315.24$1,509
Jun 199511413616.41$1,871
May 19959914117.56$1,738
Apr 19959814617.73$1,738
Mar 19956810016.44$1,118
Feb 1995728916.58$1,194
Jan 19957914615.92$1,258
Dec 19948412315.03$1,263
Nov 199410213215.90$1,622
Oct 199410913215.58$1,698
Sep 199410513015.29$1,605
Aug 19949611716.13$1,548
Jul 199411611417.56$2,037
Jun 1994458817.09$769
May 199420922215.88$3,319
Apr 199411527214.14$1,626
Mar 199411623712.46$1,445
Feb 199411416612.50$1,425
Jan 199411315612.66$1,431
Dec 199311318112.33$1,393
Nov 199312120214.49$1,753
Oct 199311820015.85$1,870
Sep 199311421415.03$1,713
Aug 199311622615.66$1,817
Jul 199311124115.46$1,716
Jun 199319422316.79$3,257
May 19933316417.68$583
Apr 199313115018.05$2,365
Mar 19936610118.14$1,197
Feb 199310910817.90$1,951
Jan 199311714416.93$1,981

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                   98 bbl  × $106.41 =    $10,428
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $10,428

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/7441 is the state's own key, not one this site invented.