CUSTER, MINNIE 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 7518District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$38.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
OilDisposition1,748,864 bbl$37,091,240
Casinghead gasProduction689,550 Mcf$1,534,438
Total$38,625,678

259,468 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
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 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024176076.091.78$13,392
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 2023165089.042.74$14,692
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
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 2022172094.529.13$16,257
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221660104.226.84$17,301
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 2022165081.844.54$13,504
Dec 20210071.323.90$0
Nov 2021161077.435.24$12,466
Oct 2021163079.795.71$13,006
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 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019152046.033.23$6,997
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 2018147061.443.40$9,032
Sep 20180059.543.11$0
Aug 2018151059.403.07$8,969
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018163065.382.90$10,657
Apr 20180063.842.90$0
Mar 2018160061.222.79$9,795
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 2017157055.423.12$8,701
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017138042.493.09$5,864
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017146046.772.98$6,828
Feb 201704350.452.95$127
Jan 201703649.413.42$123
Dec 20160048.763.72$0
Nov 201691042.492.64$3,867
Oct 201690046.193.09$4,157
Sep 2016012341.553.10$381
Aug 201613812941.442.92$6,096
Jul 2016012741.622.92$371
Jun 201614511345.352.69$6,879
May 2016012142.521.99$241
Apr 201607036.561.99$139
Mar 20160033.011.79$0
Feb 201670026.472.06$1,853
Jan 201602127.352.36$50
Dec 20151526832.362.00$5,055
Nov 201516414538.792.17$6,676
Oct 2015018343.552.43$444
Sep 201517819742.992.76$8,196
Aug 201515020540.162.87$6,613
Jul 201517123348.152.95$8,920
Jun 201516620756.152.88$9,918
May 201514818555.212.96$8,718
Apr 2015021449.822.71$579
Mar 201515519542.892.93$7,220
Feb 201514918944.662.98$7,217
Jan 201516116443.433.10$7,501
Dec 201415520454.693.59$9,210
Nov 201428021970.464.25$20,660
Oct 201418325778.303.90$15,331
Sep 201431125786.164.05$27,835
Aug 201416223689.394.04$15,433
Jul 201417226296.564.18$17,703
Jun 201417124998.164.74$17,965
May 201431422494.734.73$30,804
Apr 201416123295.944.81$16,562
Mar 201416217595.895.06$16,419
Feb 201418317797.406.19$18,920
Jan 201417916590.404.86$16,984
Dec 201317117591.824.35$16,463
Nov 201318816588.853.74$17,321
Oct 201318020997.423.78$18,325
Sep 2013180177104.113.72$19,398
Aug 2013164168104.253.52$17,689
Jul 2013173169102.523.72$18,364
Jun 201317716694.403.93$17,362
May 201316015494.834.15$15,812
Apr 201316815893.964.28$16,462
Mar 201334514193.623.91$32,851
Feb 201316512091.233.42$15,463
Jan 201332814091.603.42$30,524
Dec 201217615286.773.42$15,791
Nov 201217116086.953.62$15,448
Oct 201235121389.383.40$32,097
Sep 201216625994.672.92$16,471
Aug 201217329392.662.91$16,882
Jul 201233129485.133.02$29,066
Jun 201217825279.822.52$14,843
May 201217423891.612.49$16,532
Apr 2012317263101.652.00$32,748
Mar 2012353252105.052.22$37,643
Feb 2012166236101.102.57$17,389
Jan 201244535598.092.73$44,621
Dec 201118934496.873.24$19,423
Nov 201128640895.723.31$28,727
Oct 201132242184.983.65$28,900
Sep 201136041083.623.99$31,737
Aug 201136041983.404.15$31,763
Jul 201135337894.144.52$34,939
Jun 201118939192.904.64$19,372
May 201132233598.134.40$33,073
Apr 2011361433105.964.33$40,128
Mar 201152142396.364.06$51,920
Feb 201136238485.644.18$32,607
Jan 201133542886.504.59$30,942
Dec 201055942585.734.35$49,771
Nov 201036143480.843.80$30,830
Oct 201036245778.103.51$29,876
Sep 201054143472.633.98$41,020
Aug 201037250673.684.42$29,645
Jul 201058244372.554.74$44,322
Jun 201052347570.364.91$39,131
May 201035842671.124.24$27,265
Apr 201053037181.694.12$44,825
Mar 201036444278.394.39$30,474
Feb 201040636473.585.44$31,855
Jan 201036337774.365.96$29,241
Dec 200956137271.445.48$42,118
Nov 200936339774.593.75$28,566
Oct 200955131272.544.11$41,252
Sep 200952920165.543.06$35,287
Aug 200952627867.423.22$36,358
Jul 200956329361.133.46$35,431
Jun 200954027966.163.90$36,813
May 200954727054.743.93$31,003
Apr 200950822246.773.59$24,556
Mar 200954921342.144.06$23,999
Feb 200937912632.814.63$13,019
Jan 200954316935.865.37$20,380
Dec 200873620137.105.98$28,507
Nov 200854827855.496.86$32,316
Oct 200856632475.246.92$44,829
Sep 2008359223101.767.88$38,288
Aug 2008720372114.228.48$85,394
Jul 2008543353131.0811.39$75,197
Jun 2008697364131.3313.03$96,281
May 2008685351123.1711.57$88,434
Apr 2008732322110.3110.45$84,113
Mar 2008732336101.909.66$77,838
Feb 200873231092.538.77$70,451
Jan 200876935590.388.21$72,415
Dec 200775032288.337.30$68,599
Nov 200770826491.677.29$66,827
Oct 200756733782.856.92$49,309
Sep 200769735175.846.24$55,052
Aug 200789941269.066.39$64,717
Jul 200771937170.906.39$53,347
Jun 200790944862.007.55$59,740
May 200791947258.747.85$57,686
Apr 20071,08940159.617.81$68,045
Mar 200793346156.927.30$56,473
Feb 20071,09036655.108.22$63,066
Jan 20071,10354850.306.73$59,167
Dec 20061,08948956.656.92$65,075
Nov 200673335454.207.62$42,425
Oct 200674327254.906.01$42,426
Sep 200669930060.085.04$43,507
Aug 200672534568.717.34$52,347
Jul 200688037269.376.34$63,405
Jun 200693041266.286.38$64,271
May 200675542966.016.42$52,594
Apr 200691238764.397.36$61,572
Mar 20061,09632456.707.08$64,438
Feb 200673318857.597.75$43,671
Jan 20061,41327560.598.93$88,070
Dec 200591929954.9413.42$54,501
Nov 20051,22845854.6910.59$72,009
Oct 200592942458.3413.80$60,047
Sep 20051,05948561.4512.08$70,934
Aug 20051,29355561.519.80$84,970
Jul 20051,29061355.697.84$76,648
Jun 20051,31263652.337.38$73,351
May 20051,27650045.226.65$61,026
Apr 20051,46248349.207.36$75,486
Mar 20051,56448950.377.15$82,277
Feb 20051,06263745.226.31$52,044
Jan 20051,11080943.166.32$53,022
Dec 20041,43876039.866.75$62,450
Nov 200496281145.286.33$48,693
Oct 20041,28882049.706.52$69,356
Sep 20041,22182843.245.28$57,171
Aug 20041,45592342.375.55$66,772
Jul 20041,47299138.286.08$62,378
Jun 20041,05186436.106.43$43,499
May 20041,51099537.486.49$63,057
Apr 20041,49595534.475.86$57,127
Mar 20041,67588134.365.53$62,425
Feb 20041,49087932.455.51$53,193
Jan 20041,66992132.036.30$59,260
Dec 20031,50984030.266.30$50,956
Nov 20031,68898928.804.60$53,159
Oct 20032,0481,06028.174.76$62,737
Sep 20031,8151,08326.314.75$52,896
Aug 20031,9481,36529.765.13$64,975
Jul 20031,9951,43229.415.17$66,078
Jun 20032,1491,37128.565.98$69,578
May 20032,4261,60226.595.97$74,076
Apr 20032,5411,53426.675.41$76,063
Mar 20032,7681,61531.146.10$96,041
Feb 20032,7371,53833.487.93$103,825
Jan 20033,1911,83930.315.58$106,985
Dec 20023,1941,83926.914.85$94,877
Nov 20023,3481,72024.664.14$89,677
Oct 20023,5452,02326.464.23$102,356
Sep 20023,8492,02727.443.64$112,985
Aug 20024,4182,34725.963.16$122,118
Jul 20025,6362,33524.583.06$145,682
Jun 20024,1452,47523.733.34$106,623
May 20024,6442,63924.663.58$123,979
Apr 20024,4922,51123.653.51$115,055
Mar 20024,9292,76322.003.10$117,011
Feb 20024,9062,50018.222.38$95,327
Jan 20025,4002,72217.172.38$99,185
Dec 20015,8013,51116.932.36$106,512
Nov 20015,9173,05818.072.41$114,276
Oct 20016,3313,39819.782.53$133,820
Sep 20016,7793,37624.262.25$172,059
Aug 20017,4013,72824.873.05$195,445
Jul 20017,8964,22523.933.20$202,459
Jun 20018,9664,27124.563.82$236,538
May 20019,6305,04025.524.31$267,466
Apr 200112,5255,62224.685.34$339,112
Mar 200112,8225,36524.545.38$343,496
Feb 200112,495027.755.77$346,736
Jan 200115,8967,23027.478.40$497,386
Dec 200016,3115,55526.889.12$489,115
Nov 200015,1775,56332.215.66$520,327
Oct 200017,0786,74331.235.15$568,042
Sep 200015,0906,64731.875.19$515,393
Aug 200018,4607,61529.644.54$581,732
Jul 200015,3017,46428.534.09$467,063
Jun 200016,3607,23229.304.40$511,149
May 200015,9986,79927.263.68$461,124
Apr 200015,3236,87024.513.12$396,974
Mar 200017,3456,99728.422.86$512,955
Feb 200014,2855,94427.622.73$410,758
Jan 200016,2546,45325.272.48$426,745
Dec 199915,8085,55824.282.42$397,289
Nov 199916,3846,20023.192.43$395,036
Oct 199915,5005,59620.982.80$340,880
Sep 199915,2875,55321.752.62$347,035
Aug 199915,1365,60519.262.88$307,637
Jul 199916,8445,46917.892.37$314,314
Jun 199915,4565,71315.942.36$259,863
May 199915,6625,87115.792.32$260,930
Apr 199914,9685,66215.102.21$238,519
Mar 199916,6326,04512.471.84$218,514
Feb 199914,2835,2999.981.82$152,177
Jan 199915,7645,74610.381.90$174,547
Dec 199815,7225,7359.201.77$154,812
Nov 199815,126010.892.19$164,722
Oct 199815,5786,27412.421.97$205,834
Sep 199814,4245,32312.592.08$192,684
Aug 199816,6045,88611.301.91$198,852
Jul 199816,1936,06611.742.24$203,677
Jun 199815,8315,36711.242.24$189,948
May 199816,7205,99012.622.21$224,222
Apr 199815,2325,51813.042.51$212,450
Mar 199816,5146,31512.802.31$225,963
Feb 199813,7554,17913.952.30$201,490
Jan 199816,6926,86614.702.15$260,167
Dec 199715,9296,60616.322.41$275,889
Nov 199715,7006,28618.193.09$304,996
Oct 199716,6087,35719.253.15$342,877
Sep 199714,866017.742.95$263,723
Aug 199717,0597,12617.862.55$322,879
Jul 199716,1407,21317.582.25$299,948
Jun 199715,9036,19417.242.26$288,149
May 199715,5476,73618.972.31$310,477
Apr 199716,0216,27617.882.08$299,527
Mar 199715,7936,31518.951.94$311,523
Feb 199713,6995,66420.492.21$293,187
Jan 199715,7376,29923.483.54$391,801
Dec 199615,9945,99323.32$372,980
Nov 199615,2695,97021.97$335,460
Oct 199616,1306,22123.31$375,990
Sep 199615,2505,84722.22$338,855
Aug 199616,2376,44020.26$328,962
Jul 199616,0926,48319.55$314,599
Jun 199616,5416,49118.73$309,813
May 199616,2456,73519.43$315,640
Apr 199616,0646,41321.51$345,537
Mar 199615,7266,26119.38$304,770
Feb 199615,1186,01016.98$256,704
Jan 199616,4796,58717.07$281,297
Dec 199516,0396,21817.19$275,710
Nov 199514,9575,67316.00$239,312
Oct 199516,0655,49615.43$247,883
Sep 199515,7564,87216.18$254,932
Aug 199517,0635,43715.92$271,643
Jul 199516,0735,90815.24$244,953
Jun 199515,7425,65616.41$258,326
May 199515,5815,88717.56$273,602
Apr 199514,4894,75017.73$256,890
Mar 199515,4644,44916.44$254,228
Feb 199514,2154,23516.58$235,685
Jan 199515,1604,52815.92$241,347
Dec 199414,9034,23415.03$223,992
Nov 199414,8854,32615.90$236,672
Oct 199415,5124,91715.58$241,677
Sep 199414,1984,56515.29$217,087
Aug 199416,1265,49616.13$260,112
Jul 199414,5745,28317.56$255,919
Jun 199413,7065,43117.09$234,236
May 199413,7435,41815.88$218,239
Apr 199413,0185,50614.14$184,075
Mar 199413,6845,43412.46$170,503
Feb 199412,5485,05712.50$156,850
Jan 199414,3305,01012.66$181,418
Dec 199313,7154,60612.33$169,106
Nov 199313,1904,66414.49$191,123
Oct 199312,8945,23415.85$204,370
Sep 199313,3004,46215.03$199,899
Aug 199314,1534,74715.66$221,636
Jul 199313,6064,68015.46$210,349
Jun 199313,9374,90216.79$234,002
May 199313,3975,61617.68$236,859
Apr 199313,3515,57018.05$240,986
Mar 199314,2275,51318.14$258,078
Feb 199312,4084,82317.90$222,103
Jan 199313,9085,41416.93$235,462

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.

Feb 2024 — as filed, then multipliedworked
Oil                  176 bbl  × $ 76.09 =    $13,392
Casinghead gas         0 Mcf  × $  1.78 =         $0

────────────────────────────────────────────────────
Month total                                  $13,392

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/7518 is the state's own key, not one this site invented.