WHEELER, W. 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 7467District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$22 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
OilDisposition37,578 bbl$1,265,863
Casinghead gasProduction6,304 Mcf$2,858
Total$1,268,721

5,140 Mcf of this lease's gas, across 47 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026139089.753.15$12,475
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 2025148062.743.08$9,286
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 2025112062.363.54$6,984
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024151068.993.12$10,417
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024154079.932.15$12,309
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 2024159073.023.30$11,610
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 2023158074.852.64$11,826
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023180075.112.47$13,520
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 2022161094.529.13$15,218
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20221630108.885.08$17,747
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 2021160079.795.71$12,766
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020148049.881.98$7,382
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 2019160055.052.66$8,808
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019162062.632.75$10,146
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018164061.443.40$10,076
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 2018177063.842.90$11,300
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 2017161055.423.12$8,923
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017162042.493.09$6,883
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 2017163049.413.42$8,054
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 2016166041.622.92$6,909
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 2015164043.552.43$7,142
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015134042.892.93$5,747
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 2014160070.464.25$11,274
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014156094.734.73$14,778
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 2013163091.824.35$14,967
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 2013160094.403.93$15,104
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 2013154091.603.42$14,106
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012159092.662.91$14,733
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 20121750101.102.57$17,693
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011166083.404.15$13,844
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 2011165096.364.06$15,899
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 2010613085.734.35$52,552
Nov 20100080.843.80$0
Oct 2010160078.103.51$12,496
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 201039070.364.91$2,744
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 2009172071.445.48$12,288
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 2009174061.133.46$10,637
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009180032.814.63$5,906
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 2008172075.246.92$12,941
Sep 200800101.767.88$0
Aug 20081800114.228.48$20,560
Jul 200800131.0811.39$0
Jun 20081730131.3313.03$22,720
May 200800123.1711.57$0
Apr 20081730110.3110.45$19,084
Mar 200800101.909.66$0
Feb 2008169092.538.77$15,638
Jan 20080090.388.21$0
Dec 2007173088.337.30$15,281
Nov 20070091.677.29$0
Oct 2007172082.856.92$14,250
Sep 20070075.846.24$0
Aug 2007184069.066.39$12,707
Jul 20070070.906.39$0
Jun 2007182062.007.55$11,284
May 20070058.747.85$0
Apr 2007178059.617.81$10,611
Mar 20070056.927.30$0
Feb 2007181055.108.22$9,973
Jan 20070050.306.73$0
Dec 2006180056.656.92$10,197
Nov 20060054.207.62$0
Oct 2006187054.906.01$10,266
Sep 20060060.085.04$0
Aug 2006169068.717.34$11,612
Jul 20060069.376.34$0
Jun 2006164066.286.38$10,870
May 20060066.016.42$0
Apr 2006185064.397.36$11,912
Mar 20060056.707.08$0
Feb 2006177057.597.75$10,193
Jan 20060060.598.93$0
Dec 2005160054.9413.42$8,790
Nov 20050054.6910.59$0
Oct 2005177058.3413.80$10,326
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 2005170049.207.36$8,364
Mar 20050050.377.15$0
Feb 2005153045.226.31$6,919
Jan 20050043.166.32$0
Dec 2004148039.866.75$5,899
Nov 20040045.286.33$0
Oct 2004166049.706.52$8,250
Sep 20040043.245.28$0
Aug 2004171042.375.55$7,245
Jul 20040038.286.08$0
Jun 2004181036.106.43$6,534
May 2004180037.486.49$6,746
Apr 20040034.475.86$0
Mar 2004170034.365.53$5,841
Feb 2004168032.455.51$5,452
Jan 2004183032.036.30$5,861
Dec 2003182030.266.30$5,507
Nov 20030028.804.60$0
Oct 2003182028.174.76$5,127
Sep 2003180026.314.75$4,736
Aug 2003184029.765.13$5,476
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 2003176026.595.97$4,680
Apr 2003171026.675.41$4,561
Mar 2003179031.146.10$5,574
Feb 20030033.487.93$0
Jan 2003184030.315.58$5,577
Dec 2002331026.914.85$8,907
Nov 20020024.664.14$0
Oct 2002186026.464.23$4,922
Sep 2002184027.443.64$5,049
Aug 2002182025.963.16$4,725
Jul 20020024.583.06$0
Jun 2002149023.733.34$3,536
May 2002150024.663.58$3,699
Apr 2002167023.653.51$3,950
Mar 2002141022.003.10$3,102
Feb 2002145018.222.38$2,642
Jan 2002193017.172.38$3,314
Dec 20010016.932.36$0
Nov 2001164018.072.41$2,963
Oct 2001160019.782.53$3,165
Sep 2001178024.262.25$4,318
Aug 2001185024.873.05$4,601
Jul 2001187023.933.20$4,475
Jun 20010024.563.82$0
May 2001161025.524.31$4,109
Apr 2001142024.685.34$3,505
Mar 2001187024.545.38$4,589
Feb 2001154027.755.77$4,274
Jan 20010027.478.40$0
Dec 200079026.889.12$2,124
Nov 2000118032.215.66$3,801
Oct 2000169031.235.15$5,278
Sep 2000157031.875.19$5,004
Aug 20000029.644.54$0
Jul 2000167028.534.09$4,765
Jun 2000185029.304.40$5,421
May 2000182027.263.68$4,961
Apr 2000167024.513.12$4,093
Mar 2000186028.422.86$5,286
Feb 2000185027.622.73$5,110
Jan 2000190025.272.48$4,801
Dec 1999190024.282.42$4,613
Nov 1999180023.192.43$4,174
Oct 1999182020.982.80$3,818
Sep 1999187021.752.62$4,067
Aug 1999177019.262.88$3,409
Jul 1999185017.892.37$3,310
Jun 1999188015.942.36$2,997
May 1999183015.792.32$2,890
Apr 19991851515.102.21$2,827
Mar 1999186012.471.84$2,319
Feb 199919009.981.82$1,896
Jan 1999190010.381.90$1,972
Dec 199839509.201.77$3,634
Nov 1998354010.892.19$3,855
Oct 1998176912.421.97$2,204
Sep 19981831612.592.08$2,337
Aug 1998181911.301.91$2,062
Jul 19981831611.742.24$2,184
Jun 19981852111.242.24$2,126
May 19983488312.622.21$4,575
Apr 19981876413.042.51$2,599
Mar 199807612.802.31$176
Feb 19981475213.952.30$2,170
Jan 19981719014.702.15$2,708
Dec 19973797716.322.41$6,371
Nov 19971827918.193.09$3,555
Oct 19971857719.253.15$3,804
Sep 19973617017.742.95$6,611
Aug 1997767017.862.55$1,536
Jul 19971777017.582.25$3,269
Jun 19973457017.242.26$6,106
May 19971307018.972.31$2,628
Apr 1997703517.882.08$1,325
Mar 19971903518.951.94$3,668
Feb 19972793520.492.21$5,794
Jan 19971902523.483.54$4,550
Dec 19961211523.32$2,822
Nov 1996335421.97$7,360
Oct 19961511923.31$3,520
Sep 19961425322.22$3,155
Aug 19963526120.26$7,132
Jul 199605219.55$0
Jun 19962565618.73$4,795
May 19961504819.43$2,915
Apr 19961304621.51$2,796
Mar 199607719.38$0
Feb 19961553716.98$2,632
Jan 19962773017.07$4,728
Dec 19953063717.19$5,260
Nov 19951539516.00$2,448
Oct 199528911315.43$4,459
Sep 199515810516.18$2,556
Aug 199527211315.92$4,330
Jul 199516310915.24$2,484
Jun 199544210216.41$7,253
May 199515510117.56$2,722
Apr 19951509917.73$2,660
Mar 199523210716.44$3,814
Feb 1995251016.58$4,162
Jan 199515313115.92$2,436
Dec 199406815.03$0
Nov 19942904615.90$4,611
Oct 19941538115.58$2,384
Sep 199449811715.29$7,614
Aug 199434112116.13$5,500
Jul 199431613217.56$5,549
Jun 199451313917.09$8,767
May 199415015015.88$2,382
Apr 199445711514.14$6,462
Mar 199416010112.46$1,994
Feb 19942569912.50$3,200
Jan 199416911612.66$2,140
Dec 199324314412.33$2,996
Nov 199320714914.49$2,999
Oct 19932409515.85$3,804
Sep 199362418115.03$9,379
Aug 199332623015.66$5,105
Jul 199329223715.46$4,514
Jun 199358921416.79$9,889
May 199367023617.68$11,846
Apr 199328622518.05$5,162
Mar 199329919518.14$5,424
Feb 199314315217.90$2,560
Jan 199342918716.93$7,263

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.

Mar 2026 — as filed, then multipliedworked
Oil                  139 bbl  × $ 89.75 =    $12,475
Casinghead gas         0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                  $12,475

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/7467 is the state's own key, not one this site invented.