BURTON, R. J.

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 7500District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$10.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$315 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
OilDisposition253,184 bbl$10,805,850
Casinghead gasProduction8,765 Mcf$5,136
Total$10,810,987

6,765 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 20263180106.413.05$33,838
Apr 2026326098.932.87$32,251
Mar 2026484089.753.15$43,439
Feb 2026321063.503.75$20,384
Jan 2026345059.138.00$20,400
Dec 2025534056.664.41$30,256
Nov 2025333058.593.93$19,510
Oct 2025335059.383.30$19,892
Sep 2025328062.743.08$20,579
Aug 2025325063.933.01$20,777
Jul 2025489066.743.32$32,636
Jun 2025319066.483.13$21,207
May 2025328060.553.23$19,860
Apr 2025336062.363.54$20,953
Mar 2025344067.704.27$23,289
Feb 2025315070.884.34$22,327
Jan 2025436074.324.28$32,404
Dec 2024387068.993.12$26,699
Nov 2024346069.052.20$23,891
Oct 2024402071.372.28$28,691
Sep 2024524069.612.36$36,476
Aug 2024380075.632.06$28,739
Jul 2024425079.932.15$33,970
Jun 2024351078.082.63$27,406
May 2024365078.812.20$28,766
Apr 2024380084.451.66$32,091
Mar 2024552080.301.55$44,326
Feb 2024413076.091.78$31,425
Jan 2024523073.023.30$38,189
Dec 2023432071.262.61$30,784
Nov 2023518077.892.81$40,347
Oct 2023416085.443.09$35,543
Sep 2023429089.042.74$38,198
Aug 2023481080.522.67$38,730
Jul 2023405074.852.64$30,314
Jun 2023379068.962.26$26,136
May 2023452070.622.23$31,920
Apr 2023465078.122.24$36,326
Mar 2023466072.852.39$33,948
Feb 2023432075.112.47$32,448
Jan 2023495076.533.39$37,882
Dec 2022487076.415.73$37,212
Nov 2022437085.005.65$37,145
Oct 2022453087.185.86$39,493
Sep 2022472084.888.16$40,063
Aug 2022425094.529.13$40,171
Jul 20224710101.587.54$47,844
Jun 20224560115.097.98$52,481
May 20224820109.378.43$52,716
Apr 20224490104.226.84$46,795
Mar 20225040108.885.08$54,876
Feb 2022422391.054.86$38,438
Jan 2022464081.844.54$37,974
Dec 2021435071.323.90$31,024
Nov 2021426077.435.24$32,985
Oct 2021416079.795.71$33,193
Sep 2021422069.865.35$29,481
Aug 2021494066.024.22$32,614
Jul 2021505070.783.98$35,744
Jun 2021411069.493.38$28,560
May 2021447063.483.02$28,376
Apr 2021448060.362.76$27,041
Mar 2021318061.302.72$19,493
Feb 2021270057.805.55$15,606
Jan 2021490050.412.81$24,701
Dec 2020513044.642.68$22,900
Nov 20204654338.772.71$18,144
Oct 2020406036.972.48$15,010
Sep 2020511037.091.99$18,953
Aug 2020516039.982.39$20,630
Jul 2020325038.371.83$12,470
Jun 2020487034.901.69$16,996
May 2020355016.921.81$6,007
Apr 2020270014.751.80$3,983
Mar 2020370030.341.86$11,226
Feb 2020447049.881.98$22,296
Jan 2020440057.252.09$25,190
Dec 2019464059.012.30$27,381
Nov 2019383055.302.75$21,180
Oct 2019461053.472.42$24,650
Sep 2019446055.052.66$24,552
Aug 2019396053.112.30$21,032
Jul 2019360056.272.46$20,257
Jun 2019445052.782.49$23,487
May 2019388058.482.74$22,690
Apr 2019394062.632.75$24,676
Mar 2019417056.803.06$23,686
Feb 2019417050.852.79$21,204
Jan 2019415046.033.23$19,102
Dec 2018377046.594.19$17,564
Nov 2018401052.934.24$21,225
Oct 2018439061.443.40$26,972
Sep 2018478059.543.11$28,460
Aug 2018383059.403.07$22,750
Jul 2018464065.142.93$30,225
Jun 2018372060.183.08$22,387
May 2018351065.382.90$22,948
Apr 2018307063.842.90$19,599
Mar 2018348061.222.79$21,305
Feb 2018303061.782.77$18,719
Jan 2018389062.874.01$24,456
Dec 2017276057.272.92$15,807
Nov 2017371055.423.12$20,561
Oct 2017412049.292.98$20,307
Sep 2017432047.523.09$20,529
Aug 2017469045.373.00$21,279
Jul 2017429043.873.09$18,820
Jun 2017460042.493.09$19,545
May 2017432045.373.26$19,600
Apr 2017492047.933.21$23,582
Mar 2017477046.772.98$22,309
Feb 2017449050.452.95$22,652
Jan 2017483049.413.42$23,865
Dec 2016431048.763.72$21,016
Nov 2016458042.492.64$19,460
Oct 2016411046.193.09$18,984
Sep 2016449041.553.10$18,656
Aug 2016481041.442.92$19,933
Jul 2016452041.622.92$18,812
Jun 2016493045.352.69$22,358
May 2016459042.521.99$19,517
Apr 2016430036.561.99$15,721
Mar 2016458033.011.79$15,119
Feb 2016459026.472.06$12,150
Jan 2016459027.352.36$12,554
Dec 2015486032.362.00$15,727
Nov 2015433038.792.17$16,796
Oct 2015481043.552.43$20,948
Sep 2015434042.992.76$18,658
Aug 2015419040.162.87$16,827
Jul 2015433048.152.95$20,849
Jun 2015433056.152.88$24,313
May 2015424055.212.96$23,409
Apr 2015410049.822.71$20,426
Mar 2015460042.892.93$19,729
Feb 2015433044.662.98$19,338
Jan 2015462043.433.10$20,065
Dec 2014556054.693.59$30,408
Nov 2014356070.464.25$25,084
Oct 2014449078.303.90$35,157
Sep 2014446086.164.05$38,427
Aug 2014457089.394.04$40,851
Jul 2014457096.564.18$44,128
Jun 2014434098.164.74$42,601
May 2014478094.734.73$45,281
Apr 2014443095.944.81$42,501
Mar 2014519095.895.06$49,767
Feb 2014436097.406.19$42,466
Jan 2014452090.404.86$40,861
Dec 2013450091.824.35$41,319
Nov 2013467088.853.74$41,493
Oct 2013456097.423.78$44,424
Sep 20134630104.113.72$48,203
Aug 20134340104.253.52$45,245
Jul 20135460102.523.72$55,976
Jun 2013434094.403.93$40,970
May 2013419094.834.15$39,734
Apr 2013452093.964.28$42,470
Mar 2013548093.623.91$51,304
Feb 2013389091.233.42$35,488
Jan 2013510091.603.42$46,716
Dec 2012560086.773.42$48,591
Nov 2012446086.953.62$38,780
Oct 2012528089.383.40$47,193
Sep 2012442094.672.92$41,844
Aug 2012529092.662.91$49,017
Jul 2012381085.133.02$32,435
Jun 2012503079.822.52$40,149
May 2012504091.612.49$46,171
Apr 20124860101.652.00$49,402
Mar 20124720105.052.22$49,584
Feb 20124560101.102.57$46,102
Jan 2012452098.092.73$44,337
Dec 2011491096.873.24$47,563
Nov 2011344095.723.31$32,928
Oct 2011590084.983.65$50,138
Sep 2011378083.623.99$31,608
Aug 2011333083.404.15$27,772
Jul 2011458094.144.52$43,116
Jun 2011444092.904.64$41,248
May 2011561098.134.40$55,051
Apr 20115000105.964.33$52,980
Mar 2011405096.364.06$39,026
Feb 2011488085.644.18$41,792
Jan 2011444086.504.59$38,406
Dec 2010548085.734.35$46,980
Nov 2010533080.843.80$43,088
Oct 2010481078.103.51$37,566
Sep 2010374072.633.98$27,164
Aug 2010537073.684.42$39,566
Jul 2010502072.554.74$36,420
Jun 2010446070.364.91$31,381
May 2010531071.124.24$37,765
Apr 2010459081.694.12$37,496
Mar 2010537078.394.39$42,095
Feb 2010440073.585.44$32,375
Jan 2010470074.365.96$34,949
Dec 2009482071.445.48$34,434
Nov 2009501074.593.75$37,370
Oct 2009547072.544.11$39,679
Sep 2009515065.543.06$33,753
Aug 2009543067.423.22$36,609
Jul 2009509061.133.46$31,115
Jun 2009491066.163.90$32,485
May 2009495054.743.93$27,096
Apr 2009555046.773.59$25,957
Mar 2009548042.144.06$23,093
Feb 2009493032.814.63$16,175
Jan 2009560035.865.37$20,082
Dec 2008514037.105.98$19,069
Nov 2008521055.496.86$28,910
Oct 2008484075.246.92$36,416
Sep 20083170101.767.88$32,258
Aug 20084490114.228.48$51,285
Jul 20085240131.0811.39$68,686
Jun 20085370131.3313.03$70,524
May 20083890123.1711.57$47,913
Apr 20084700110.3110.45$51,846
Mar 20085210101.909.66$53,090
Feb 2008501092.538.77$46,358
Jan 2008552090.388.21$49,890
Dec 2007538088.337.30$47,522
Nov 2007460091.677.29$42,168
Oct 2007527082.856.92$43,662
Sep 2007547075.846.24$41,484
Aug 2007462069.066.39$31,906
Jul 2007443070.906.39$31,409
Jun 2007494062.007.55$30,628
May 2007450058.747.85$26,433
Apr 2007587059.617.81$34,991
Mar 2007521056.927.30$29,655
Feb 2007323055.108.22$17,797
Jan 2007531050.306.73$26,709
Dec 2006469056.656.92$26,569
Nov 2006497054.207.62$26,937
Oct 2006525054.906.01$28,823
Sep 2006487060.085.04$29,259
Aug 2006571068.717.34$39,233
Jul 2006500069.376.34$34,685
Jun 2006495066.286.38$32,809
May 2006484066.016.42$31,949
Apr 2006653064.397.36$42,047
Mar 2006491056.707.08$27,840
Feb 2006539057.597.75$31,041
Jan 2006651060.598.93$39,444
Dec 2005585054.9413.42$32,140
Nov 2005585054.6910.59$31,994
Oct 2005611058.3413.80$35,646
Sep 2005474061.4512.08$29,127
Aug 2005558061.519.80$34,323
Jul 2005599055.697.84$33,358
Jun 2005517052.337.38$27,055
May 2005561045.226.65$25,368
Apr 2005571049.207.36$28,093
Mar 2005626050.377.15$31,532
Feb 2005540045.226.31$24,419
Jan 2005551043.166.32$23,781
Dec 2004506039.866.75$20,169
Nov 2004614045.286.33$27,802
Oct 2004576049.706.52$28,627
Sep 2004517043.245.28$22,355
Aug 2004495042.375.55$20,973
Jul 2004646038.286.08$24,729
Jun 2004451036.106.43$16,281
May 2004571037.486.49$21,401
Apr 2004536034.475.86$18,476
Mar 2004633034.365.53$21,750
Feb 2004630032.455.51$20,444
Jan 2004551032.036.30$17,649
Dec 2003597030.266.30$18,065
Nov 2003516028.804.60$14,861
Oct 2003616028.174.76$17,353
Sep 2003618026.314.75$16,260
Aug 2003518029.765.13$15,416
Jul 2003562029.415.17$16,528
Jun 2003557028.565.98$15,908
May 20031,124026.595.97$29,887
Apr 2003559026.675.41$14,909
Mar 2003637031.146.10$19,836
Feb 2003582033.487.93$19,485
Jan 2003677030.315.58$20,520
Dec 2002663026.914.85$17,841
Nov 2002623024.664.14$15,363
Oct 2002663026.464.23$17,543
Sep 2002613027.443.64$16,821
Aug 2002625025.963.16$16,225
Jul 2002686024.583.06$16,862
Jun 2002637023.733.34$15,116
May 2002711024.663.58$17,533
Apr 2002650023.653.51$15,373
Mar 2002751022.003.10$16,522
Feb 2002817018.222.38$14,886
Jan 2002952017.172.38$16,346
Dec 2001723016.932.36$12,240
Nov 2001664018.072.41$11,998
Oct 2001640019.782.53$12,659
Sep 2001732024.262.25$17,758
Aug 2001718024.873.05$17,857
Jul 2001722023.933.20$17,277
Jun 2001531024.563.82$13,041
May 2001606025.524.31$15,465
Apr 20011,064024.685.34$26,260
Mar 2001629024.545.38$15,436
Feb 2001562027.755.77$15,596
Jan 2001637027.478.40$17,498
Dec 2000465026.889.12$12,499
Nov 2000596032.215.66$19,197
Oct 2000659031.235.15$20,581
Sep 2000715031.875.19$22,787
Aug 2000681029.644.54$20,185
Jul 2000844028.534.09$24,079
Jun 2000663029.304.40$19,426
May 20006848227.263.68$18,948
Apr 200058810124.513.12$14,727
Mar 20001,35925028.422.86$39,338
Feb 200062921227.622.73$17,951
Jan 2000790025.272.48$19,963
Dec 1999801024.282.42$19,448
Nov 1999751023.192.43$17,416
Oct 1999833020.982.80$17,476
Sep 1999416021.752.62$9,048
Aug 1999703019.262.88$13,540
Jul 19990017.892.37$0
Jun 199902015.942.36$47
May 19997723715.792.32$12,276
Apr 19997263615.102.21$11,042
Mar 19998343412.471.84$10,462
Feb 1999530279.981.82$5,338
Jan 19995821810.381.90$6,075
Dec 1998489209.201.77$4,534
Nov 19988243610.892.19$9,052
Oct 19989034312.421.97$11,300
Sep 19987704112.592.08$9,780
Aug 19985963711.301.91$6,805
Jul 19987323711.742.24$8,676
Jun 1998808011.242.24$9,082
May 19986804612.622.21$8,683
Apr 19987854613.042.51$10,352
Mar 19989474812.802.31$12,232
Feb 19988734113.952.30$12,273
Jan 19989813614.702.15$14,498
Dec 19976056016.322.41$10,018
Nov 19978385618.193.09$15,416
Oct 19979766919.253.15$19,005
Sep 19978787417.742.95$15,794
Aug 19979717417.862.55$17,531
Jul 19977827617.582.25$13,918
Jun 19971,0746317.242.26$18,658
May 19971,0455718.972.31$19,955
Apr 19971,0095417.882.08$18,153
Mar 19971,1065018.951.94$21,056
Feb 19979394120.492.21$19,331
Jan 19979243223.483.54$21,809
Dec 19968705023.32$20,288
Nov 19969215221.97$20,234
Oct 19961,0916723.31$25,431
Sep 19961,0507322.22$23,331
Aug 19961,1246520.26$22,772
Jul 19961,1457219.55$22,385
Jun 19961,07410118.73$20,116
May 19961,1727019.43$22,772
Apr 19961,15210621.51$24,780
Mar 19961,12515819.38$21,803
Feb 199696910116.98$16,454
Jan 19961,12313917.07$19,170
Dec 19951,11413717.19$19,150
Nov 19951,19712916.00$19,152
Oct 19951,45912515.43$22,512
Sep 19951,23116616.18$19,918
Aug 19951,05021615.92$16,716
Jul 19951,79019615.24$27,280
Jun 19951,30018216.41$21,333
May 19951,01822017.56$17,876
Apr 19951,51315617.73$26,825
Mar 19951,25015116.44$20,550
Feb 19951,36411016.58$22,615
Jan 19951,4638315.92$23,291
Dec 19941,54910515.03$23,281
Nov 19941,50310515.90$23,898
Oct 19941,62611515.58$25,333
Sep 19941,58312815.29$24,204
Aug 19941,73016616.13$27,905
Jul 19941,59313517.56$27,973
Jun 19941,70812217.09$29,190
May 19941,78913315.88$28,409
Apr 19941,64812014.14$23,303
Mar 19941,82311212.46$22,715
Feb 19941,42410012.50$17,800
Jan 19941,7399912.66$22,016
Dec 19931,92310112.33$23,711
Nov 19931,91511414.49$27,748
Oct 19931,9222915.85$30,464
Sep 19931,965115.03$29,534
Aug 19931,86423215.66$29,190
Jul 19931,74622615.46$26,993
Jun 19931,28328316.79$21,542
May 19931,61225117.68$28,500
Apr 19931,47730118.05$26,660
Mar 19931,75230218.14$31,781
Feb 19931,51526617.90$27,119
Jan 19931,85029416.93$31,321

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                  318 bbl  × $106.41 =    $33,838
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $33,838

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/7500 is the state's own key, not one this site invented.