SANDERS, S. E.

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 7740District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$14.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$540 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
OilDisposition332,466 bbl$14,329,904
Casinghead gasProduction53,084 Mcf$93,034
Total$14,422,938

23,460 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 20267090106.413.05$75,445
Apr 202653542398.932.87$54,141
Mar 202671044689.753.15$65,127
Feb 202668834963.503.75$44,997
Jan 202634931759.138.00$23,172
Dec 202565732856.664.41$38,673
Nov 202552940958.593.93$32,600
Oct 202570040259.383.30$42,895
Sep 202569544062.743.08$44,958
Aug 202551546563.933.01$34,326
Jul 202571745466.743.32$49,358
Jun 202549545166.483.13$34,319
May 202569243660.553.23$43,310
Apr 202565043262.363.54$42,065
Mar 202570242967.704.27$49,357
Feb 202569834270.884.34$50,959
Jan 202550636274.324.28$39,155
Dec 202472042568.993.12$50,999
Nov 202470346969.052.20$49,573
Oct 202478854371.372.28$57,478
Sep 202468766369.612.36$49,390
Aug 202465294575.632.06$51,261
Jul 202466385679.932.15$54,831
Jun 202462869778.082.63$50,870
May 202466247578.812.20$53,216
Apr 202466856784.451.66$57,353
Mar 2024504080.301.55$40,471
Feb 2024698076.091.78$53,111
Jan 2024333073.023.30$24,316
Dec 2023504071.262.61$35,915
Nov 2023683077.892.81$53,199
Oct 2023489085.443.09$41,780
Sep 2023636089.042.74$56,629
Aug 2023698080.522.67$56,203
Jul 2023352074.852.64$26,347
Jun 2023345068.962.26$23,791
May 2023685070.622.23$48,375
Apr 2023333078.122.24$26,014
Mar 2023665072.852.39$48,445
Feb 2023469075.112.47$35,227
Jan 2023485076.533.39$37,117
Dec 2022346076.415.73$26,438
Nov 2022648085.005.65$55,080
Oct 2022665087.185.86$57,975
Sep 2022486084.888.16$41,252
Aug 2022478094.529.13$45,181
Jul 20227130101.587.54$72,427
Jun 20225170115.097.98$59,502
May 20225230109.378.43$57,201
Apr 20224980104.226.84$51,902
Mar 20227300108.885.08$79,482
Feb 2022498091.054.86$45,343
Jan 2022669081.844.54$54,751
Dec 2021670071.323.90$47,784
Nov 2021503077.435.24$38,947
Oct 2021487079.795.71$38,858
Sep 2021508069.865.35$35,489
Aug 2021483066.024.22$31,888
Jul 2021505070.783.98$35,744
Jun 2021506069.493.38$35,162
May 2021480063.483.02$30,470
Apr 2021496060.362.76$29,939
Mar 2021668061.302.72$40,948
Feb 2021331057.805.55$19,132
Jan 2021335050.412.81$16,887
Dec 2020710044.642.68$31,694
Nov 2020509038.772.71$19,734
Oct 2020343036.972.48$12,681
Sep 2020358037.091.99$13,278
Aug 2020688039.982.39$27,506
Jul 2020338038.371.83$12,969
Jun 2020514034.901.69$17,939
May 2020500016.921.81$8,460
Apr 2020691014.751.80$10,192
Mar 2020521030.341.86$15,807
Feb 2020677049.881.98$33,769
Jan 2020693057.252.09$39,674
Dec 2019696059.012.30$41,071
Nov 2019366055.302.75$20,240
Oct 2019534053.472.42$28,553
Sep 2019503055.052.66$27,690
Aug 2019360053.112.30$19,120
Jul 2019529056.272.46$29,767
Jun 2019347052.782.49$18,315
May 2019511058.482.74$29,883
Apr 2019504062.632.75$31,566
Mar 2019503056.803.06$28,570
Feb 2019498050.852.79$25,323
Jan 2019366046.033.23$16,847
Dec 2018682046.594.19$31,774
Nov 2018542052.934.24$28,688
Oct 2018350061.443.40$21,504
Sep 2018524059.543.11$31,199
Aug 2018688059.403.07$40,867
Jul 2018352065.142.93$22,929
Jun 2018515060.183.08$30,993
May 2018496065.382.90$32,428
Apr 2018347063.842.90$22,152
Mar 2018530061.222.79$32,447
Feb 2018695061.782.77$42,937
Jan 2018356062.874.01$22,382
Dec 2017514057.272.92$29,437
Nov 2017678055.423.12$37,575
Oct 2017528049.292.98$26,025
Sep 2017516047.523.09$24,520
Aug 2017543045.373.00$24,636
Jul 2017506043.873.09$22,198
Jun 2017543042.493.09$23,072
May 2017527045.373.26$23,910
Apr 2017547047.933.21$26,218
Mar 2017531046.772.98$24,835
Feb 2017536050.452.95$27,041
Jan 2017351049.413.42$17,343
Dec 2016686048.763.72$33,449
Nov 2016517042.492.64$21,967
Oct 2016679046.193.09$31,363
Sep 2016524041.553.10$21,772
Aug 2016709041.442.92$29,381
Jul 2016696041.622.92$28,968
Jun 2016705045.352.69$31,972
May 2016719042.521.99$30,572
Apr 2016894036.561.99$32,685
Mar 2016705033.011.79$23,272
Feb 2016544026.472.06$14,400
Jan 2016688027.352.36$18,817
Dec 2015705032.362.00$22,814
Nov 2015363038.792.17$14,081
Oct 2015557043.552.43$24,257
Sep 2015532042.992.76$22,871
Aug 2015499040.162.87$20,040
Jul 2015857048.152.95$41,265
Jun 2015714056.152.88$40,091
May 2015884055.212.96$48,806
Apr 2015713049.822.71$35,522
Mar 2015878042.892.93$37,657
Feb 2015822044.662.98$36,711
Jan 20151,072043.433.10$46,557
Dec 2014723054.693.59$39,541
Nov 2014926070.464.25$65,246
Oct 20141,006078.303.90$78,770
Sep 20141,082086.164.05$93,225
Aug 20141,090089.394.04$97,435
Jul 2014703096.564.18$67,882
Jun 2014732098.164.74$71,853
May 2014862094.734.73$81,657
Apr 2014721095.944.81$69,173
Mar 2014728095.895.06$69,808
Feb 2014668097.406.19$65,063
Jan 2014665090.404.86$60,116
Dec 2013651091.824.35$59,775
Nov 2013540088.853.74$47,979
Oct 2013890097.423.78$86,704
Sep 20133710104.113.72$38,625
Aug 20133430104.253.52$35,758
Jul 20135400102.523.72$55,361
Jun 2013545094.403.93$51,448
May 2013551094.834.15$52,251
Apr 2013516093.964.28$48,483
Mar 2013673093.623.91$63,006
Feb 2013358091.233.42$32,660
Jan 2013525091.603.42$48,090
Dec 2012523086.773.42$45,381
Nov 2012363086.953.62$31,563
Oct 2012873089.383.40$78,029
Sep 2012511094.672.92$48,376
Aug 2012710092.662.91$65,789
Jul 2012894085.133.02$76,106
Jun 2012740079.822.52$59,067
May 2012363091.612.49$33,254
Apr 20123320101.652.00$33,748
Mar 20123540105.052.22$37,188
Feb 20125620101.102.57$56,818
Jan 2012183098.092.73$17,950
Dec 2011530096.873.24$51,341
Nov 2011371095.723.31$35,512
Oct 2011195084.983.65$16,571
Sep 2011553083.623.99$46,242
Aug 2011339083.404.15$28,273
Jul 2011372094.144.52$35,020
Jun 2011537092.904.64$49,887
May 2011540098.134.40$52,990
Apr 20115410105.964.33$57,324
Mar 2011361096.364.06$34,786
Feb 2011530085.644.18$45,389
Jan 2011736086.504.59$63,664
Dec 2010523085.734.35$44,837
Nov 2010564080.843.80$45,594
Oct 2010563078.103.51$43,970
Sep 2010564072.633.98$40,963
Aug 2010608073.684.42$44,797
Jul 2010532072.554.74$38,597
Jun 2010543070.364.91$38,205
May 2010562071.124.24$39,969
Apr 2010556081.694.12$45,420
Mar 2010555078.394.39$43,506
Feb 2010570073.585.44$41,941
Jan 2010564074.365.96$41,939
Dec 2009547071.445.48$39,078
Nov 2009564074.593.75$42,069
Oct 2009528072.544.11$38,301
Sep 2009563065.543.06$36,899
Aug 2009756067.423.22$50,970
Jul 2009763061.133.46$46,642
Jun 2009590066.163.90$39,034
May 2009588054.743.93$32,187
Apr 2009398046.773.59$18,614
Mar 2009524042.144.06$22,081
Feb 2009379032.814.63$12,435
Jan 2009563035.865.37$20,189
Dec 2008591037.105.98$21,926
Nov 2008378055.496.86$20,975
Oct 2008376075.246.92$28,290
Sep 20083780101.767.88$38,465
Aug 20085670114.228.48$64,763
Jul 20083910131.0811.39$51,252
Jun 20085430131.3313.03$71,312
May 20085700123.1711.57$70,207
Apr 20084970110.3110.45$54,824
Mar 20085210101.909.66$53,090
Feb 2008588092.538.77$54,408
Jan 2008540090.388.21$48,805
Dec 2007734088.337.30$64,834
Nov 2007527091.677.29$48,310
Oct 2007716082.856.92$59,321
Sep 2007460075.846.24$34,886
Aug 2007546069.066.39$37,707
Jul 2007603070.906.39$42,753
Jun 2007773062.007.55$47,926
May 2007583058.747.85$34,245
Apr 2007715059.617.81$42,621
Mar 2007739056.927.30$42,064
Feb 2007728055.108.22$40,113
Jan 2007743050.306.73$37,373
Dec 2006583056.656.92$33,027
Nov 2006690054.207.62$37,398
Oct 2006719054.906.01$39,473
Sep 2006753060.085.04$45,240
Aug 2006714068.717.34$49,059
Jul 2006711069.376.34$49,322
Jun 2006715066.286.38$47,390
May 2006898066.016.42$59,277
Apr 2006741064.397.36$47,713
Mar 2006772056.707.08$43,772
Feb 2006577057.597.75$33,229
Jan 2006772060.598.93$46,775
Dec 2005698054.9413.42$38,348
Nov 2005753054.6910.59$41,182
Oct 2005761058.3413.80$44,397
Sep 2005804061.4512.08$49,406
Aug 20051,298061.519.80$79,840
Jul 20051,147055.697.84$63,876
Jun 20051,151052.337.38$60,232
May 20051,165045.226.65$52,681
Apr 20051,342049.207.36$66,026
Mar 2005963050.377.15$48,506
Feb 20051,191045.226.31$53,857
Jan 20051,131043.166.32$48,814
Dec 20041,590039.866.75$63,377
Nov 20041,755045.286.33$79,466
Oct 20042,035049.706.52$101,140
Sep 20041,913043.245.28$82,718
Aug 20042,047042.375.55$86,731
Jul 20042,338038.286.08$89,499
Jun 20041,442036.106.43$52,056
May 20041,142037.486.49$42,802
Apr 2004585034.475.86$20,165
Mar 2004966034.365.53$33,192
Feb 2004948032.455.51$30,763
Jan 2004588032.036.30$18,834
Dec 20031,179030.266.30$35,677
Nov 2003801028.804.60$23,069
Oct 2003817028.174.76$23,015
Sep 2003822026.314.75$21,627
Aug 2003815029.765.13$24,254
Jul 2003816029.415.17$23,999
Jun 2003823028.565.98$23,505
May 20031,006026.595.97$26,750
Apr 2003629026.675.41$16,775
Mar 2003812031.146.10$25,286
Feb 2003633033.487.93$21,193
Jan 200384515330.315.58$26,466
Dec 200263520326.914.85$18,073
Nov 200279620724.664.14$20,486
Oct 20021,05022426.464.23$28,730
Sep 200281620827.443.64$23,147
Aug 200275416725.963.16$20,102
Jul 200261118824.583.06$15,594
Jun 200270429123.733.34$17,677
May 20021,00120424.663.58$25,416
Apr 200269427123.653.51$17,365
Mar 200250521122.003.10$11,765
Feb 200269816718.222.38$13,114
Jan 20021,06218017.172.38$18,662
Dec 200168722316.932.36$12,158
Nov 20011,05617118.072.41$19,493
Oct 200184424319.782.53$17,309
Sep 200184818624.262.25$20,991
Aug 200186725924.873.05$22,353
Jul 200182919723.933.20$20,468
Jun 200138929824.563.82$10,693
May 200195724525.524.31$25,478
Apr 20011,00031724.685.34$26,371
Mar 20011,02023124.545.38$26,273
Feb 200167320527.755.77$19,858
Jan 200190927427.478.40$27,271
Dec 200050918826.889.12$15,397
Nov 200085529032.215.66$29,180
Oct 200091916531.235.15$29,549
Sep 200072620431.875.19$24,196
Aug 200086921629.644.54$26,738
Jul 20001,04821328.534.09$30,771
Jun 20001,06930529.304.40$32,663
May 20001,06626927.263.68$30,049
Apr 20001,10323424.513.12$27,764
Mar 200091827528.422.86$26,876
Feb 20001,27514527.622.73$35,611
Jan 200067217925.272.48$17,425
Dec 19991,10426124.282.42$27,438
Nov 19991,09227323.192.43$25,988
Oct 199991031320.982.80$19,969
Sep 199988622921.752.62$19,870
Aug 199988420019.262.88$17,601
Jul 19991,26019517.892.37$23,004
Jun 199955012315.942.36$9,058
May 199955013815.792.32$9,005
Apr 19995539715.102.21$8,564
Mar 19991,29519212.471.84$16,502
Feb 1999556549.981.82$5,647
Jan 19991,08321010.381.90$11,641
Dec 1998373969.201.77$3,602
Nov 199892320710.892.19$10,504
Oct 19981,06823712.421.97$13,731
Sep 19981,05224012.592.08$13,745
Aug 19981,10219311.301.91$12,821
Jul 199874613311.742.24$9,056
Jun 19981,08533111.242.24$12,936
May 19981,26933012.622.21$16,743
Apr 19981,06834113.042.51$14,781
Mar 199887127012.802.31$11,772
Feb 19981,42526113.952.30$20,479
Jan 19981,12730114.702.15$17,215
Dec 19971,12126716.322.41$18,938
Nov 19971,40832318.193.09$26,609
Oct 19971,28044619.253.15$26,045
Sep 19971,43642517.742.95$26,730
Aug 19971,11939017.862.55$20,982
Jul 19971,10744017.582.25$20,450
Jun 19971,39038617.242.26$24,835
May 19971,09636918.972.31$21,643
Apr 19971,14626917.882.08$21,051
Mar 19971,13525618.951.94$22,005
Feb 19971,12819820.492.21$23,549
Jan 19971,18229923.483.54$28,812
Dec 19961,34328823.32$31,319
Nov 19961,46031221.97$32,076
Oct 19961,77251223.31$41,305
Sep 19961,51632022.22$33,686
Aug 19961,64559520.26$33,328
Jul 19961,69947519.55$33,215
Jun 19961,64973818.73$30,886
May 19961,46540019.43$28,465
Apr 19961,34441021.51$28,909
Mar 19961,43535019.38$27,810
Feb 19961,11030916.98$18,848
Jan 19961,69028517.07$28,848
Dec 19951,62042817.19$27,848
Nov 19951,67236116.00$26,752
Oct 19951,59833515.43$24,657
Sep 19951,66245116.18$26,891
Aug 19951,60250915.92$25,504
Jul 19951,86354315.24$28,392
Jun 19951,48544716.41$24,369
May 19951,69546717.56$29,764
Apr 19951,65547817.73$29,343
Mar 19951,53242616.44$25,186
Feb 19951,51943016.58$25,185
Jan 19951,28431915.92$20,441
Dec 19941,25024315.03$18,788
Nov 19941,82532515.90$29,018
Oct 19941,58543715.58$24,694
Sep 19942,04356815.29$31,237
Aug 19941,81173316.13$29,211
Jul 19941,78562517.56$31,345
Jun 19942,69353417.09$46,023
May 19941,77857715.88$28,235
Apr 19941,78460514.14$25,226
Mar 19941,81960312.46$22,665
Feb 19941,79648912.50$22,450
Jan 19941,83754612.66$23,256
Dec 19931,65253912.33$20,369
Nov 19931,56646414.49$22,691
Oct 19931,80351515.85$28,578
Sep 19931,75653315.03$26,393
Aug 19932,47062415.66$38,680
Jul 19931,81669015.46$28,075
Jun 19931,79968816.79$30,205
May 19931,81564617.68$32,089
Apr 19931,84461118.05$33,284
Mar 19932,47458018.14$44,878
Feb 19931,79555217.90$32,131
Jan 19931,79154516.93$30,322

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                  709 bbl  × $106.41 =    $75,445
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $75,445

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/7740 is the state's own key, not one this site invented.