NICHOLSON

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 7809District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$3.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$109 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
OilDisposition64,324 bbl$3,363,930
Casinghead gasProduction21 Mcf$0
Total$3,363,930

21 Mcf of this lease's gas, across 21 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 20261960106.413.05$20,856
Apr 202689098.932.87$8,805
Mar 2026180089.753.15$16,155
Feb 202690063.503.75$5,715
Jan 202681059.138.00$4,790
Dec 202585056.664.41$4,816
Nov 2025180058.593.93$10,546
Oct 20250059.383.30$0
Sep 2025177062.743.08$11,105
Aug 202581063.933.01$5,178
Jul 2025133066.743.32$8,876
Jun 2025181066.483.13$12,033
May 202590060.553.23$5,450
Apr 2025180062.363.54$11,225
Mar 2025156067.704.27$10,561
Feb 20250070.884.34$0
Jan 2025149074.324.28$11,074
Dec 2024166068.993.12$11,452
Nov 2024161069.052.20$11,117
Oct 20240071.372.28$0
Sep 2024175069.612.36$12,182
Aug 2024168075.632.06$12,706
Jul 2024157079.932.15$12,549
Jun 20240078.082.63$0
May 2024165078.812.20$13,004
Apr 2024165084.451.66$13,934
Mar 2024158080.301.55$12,687
Feb 2024161076.091.78$12,250
Jan 2024177073.023.30$12,925
Dec 20230071.262.61$0
Nov 2023167077.892.81$13,008
Oct 2023147085.443.09$12,560
Sep 2023162089.042.74$14,424
Aug 2023164080.522.67$13,205
Jul 20230074.852.64$0
Jun 2023169068.962.26$11,654
May 2023165070.622.23$11,652
Apr 2023178078.122.24$13,905
Mar 2023152072.852.39$11,073
Feb 2023169075.112.47$12,694
Jan 2023134076.533.39$10,255
Dec 2022177076.415.73$13,525
Nov 2022176085.005.65$14,960
Oct 2022142087.185.86$12,380
Sep 2022154084.888.16$13,072
Aug 2022154094.529.13$14,556
Jul 20221550101.587.54$15,745
Jun 20221620115.097.98$18,645
May 20221660109.378.43$18,155
Apr 20221750104.226.84$18,239
Mar 20221420108.885.08$15,461
Feb 2022312091.054.86$28,408
Jan 2022178081.844.54$14,568
Dec 20210071.323.90$0
Nov 2021154077.435.24$11,924
Oct 2021174079.795.71$13,883
Sep 2021158069.865.35$11,038
Aug 2021167066.024.22$11,025
Jul 2021217070.783.98$15,359
Jun 2021150069.493.38$10,424
May 2021155063.483.02$9,839
Apr 2021165060.362.76$9,959
Mar 2021153061.302.72$9,379
Feb 2021172057.805.55$9,942
Jan 2021164050.412.81$8,267
Dec 2020158044.642.68$7,053
Nov 2020161038.772.71$6,242
Oct 2020144036.972.48$5,324
Sep 2020330037.091.99$12,240
Aug 2020176039.982.39$7,036
Jul 2020154038.371.83$5,909
Jun 2020168034.901.69$5,863
May 2020154016.921.81$2,606
Apr 20200014.751.80$0
Mar 2020324030.341.86$9,830
Feb 2020163049.881.98$8,130
Jan 2020172057.252.09$9,847
Dec 2019160059.012.30$9,442
Nov 2019161055.302.75$8,903
Oct 2019159053.472.42$8,502
Sep 2019169055.052.66$9,303
Aug 2019291053.112.30$15,455
Jul 2019145056.272.46$8,159
Jun 2019176052.782.49$9,289
May 2019155058.482.74$9,064
Apr 2019157062.632.75$9,833
Mar 2019179056.803.06$10,167
Feb 2019164050.852.79$8,339
Jan 2019173046.033.23$7,963
Dec 2018175046.594.19$8,153
Nov 2018160052.934.24$8,469
Oct 2018162061.443.40$9,953
Sep 2018159059.543.11$9,467
Aug 2018176059.403.07$10,454
Jul 2018166065.142.93$10,813
Jun 2018171060.183.08$10,291
May 2018173065.382.90$11,311
Apr 2018170063.842.90$10,853
Mar 2018175061.222.79$10,714
Feb 2018173061.782.77$10,688
Jan 2018172062.874.01$10,814
Dec 2017168057.272.92$9,621
Nov 2017164055.423.12$9,089
Oct 2017163049.292.98$8,034
Sep 2017169047.523.09$8,031
Aug 2017163045.373.00$7,395
Jul 2017170043.873.09$7,458
Jun 2017325042.493.09$13,809
May 2017172045.373.26$7,804
Apr 2017176047.933.21$8,436
Mar 2017131046.772.98$6,127
Feb 2017166050.452.95$8,375
Jan 2017153049.413.42$7,560
Dec 2016288048.763.72$14,043
Nov 2016167042.492.64$7,096
Oct 2016166046.193.09$7,668
Sep 2016149041.553.10$6,191
Aug 2016158041.442.92$6,548
Jul 2016301041.622.92$12,528
Jun 2016168045.352.69$7,619
May 2016140042.521.99$5,953
Apr 2016138036.561.99$5,045
Mar 2016164033.011.79$5,414
Feb 2016211026.472.06$5,585
Jan 2016329027.352.36$8,998
Dec 2015140032.362.00$4,530
Nov 2015287038.792.17$11,133
Oct 2015165043.552.43$7,186
Sep 2015147042.992.76$6,320
Aug 2015320040.162.87$12,851
Jul 2015153048.152.95$7,367
Jun 2015175056.152.88$9,826
May 2015163055.212.96$8,999
Apr 2015327049.822.71$16,291
Mar 2015160042.892.93$6,862
Feb 2015317044.662.98$14,157
Jan 2015160043.433.10$6,949
Dec 2014151054.693.59$8,258
Nov 2014319070.464.25$22,477
Oct 2014329078.303.90$25,761
Sep 2014152086.164.05$13,096
Aug 2014157089.394.04$14,034
Jul 2014155096.564.18$14,967
Jun 2014159098.164.74$15,607
May 2014157094.734.73$14,873
Apr 2014333095.944.81$31,948
Mar 2014164095.895.06$15,726
Feb 2014152097.406.19$14,805
Jan 20140090.404.86$0
Dec 2013343091.824.35$31,494
Nov 2013148088.853.74$13,150
Oct 2013147097.423.78$14,321
Sep 20131630104.113.72$16,970
Aug 20131590104.253.52$16,576
Jul 20133160102.523.72$32,396
Jun 2013153094.403.93$14,443
May 2013163094.834.15$15,457
Apr 2013159093.964.28$14,940
Mar 2013302093.623.91$28,273
Feb 2013160091.233.42$14,597
Jan 2013156091.603.42$14,290
Dec 2012330086.773.42$28,634
Nov 2012283086.953.62$24,607
Oct 2012171089.383.40$15,284
Sep 2012145094.672.92$13,727
Aug 2012136092.662.91$12,602
Jul 2012154085.133.02$13,110
Jun 2012144079.822.52$11,494
May 2012324091.612.49$29,682
Apr 20121450101.652.00$14,739
Mar 20121450105.052.22$15,232
Feb 20121390101.102.57$14,053
Jan 2012140098.092.73$13,733
Dec 2011270096.873.24$26,155
Nov 2011162095.723.31$15,507
Oct 2011145084.983.65$12,322
Sep 2011152083.623.99$12,710
Aug 2011153083.404.15$12,760
Jul 2011143094.144.52$13,462
Jun 2011310092.904.64$28,799
May 2011142098.134.40$13,934
Apr 20111480105.964.33$15,682
Mar 2011145096.364.06$13,972
Feb 2011158085.644.18$13,531
Jan 2011133086.504.59$11,505
Dec 2010129085.734.35$11,059
Nov 2010249080.843.80$20,129
Oct 2010127078.103.51$9,919
Sep 2010129072.633.98$9,369
Aug 2010254073.684.42$18,715
Jul 2010122072.554.74$8,851
Jun 2010239070.364.91$16,816
May 2010122071.124.24$8,677
Apr 2010138081.694.12$11,273
Mar 2010261078.394.39$20,460
Feb 2010151073.585.44$11,111
Jan 2010105074.365.96$7,808
Dec 2009129071.445.48$9,216
Nov 2009151074.593.75$11,263
Oct 2009172072.544.11$12,477
Sep 2009234065.543.06$15,336
Aug 2009109067.423.22$7,349
Jul 2009127061.133.46$7,764
Jun 2009225066.163.90$14,886
May 2009168054.743.93$9,196
Apr 2009130046.773.59$6,080
Mar 2009262042.144.06$11,041
Feb 2009157032.814.63$5,151
Jan 2009144035.865.37$5,164
Dec 2008157037.105.98$5,825
Nov 2008127055.496.86$7,047
Oct 2008180075.246.92$13,543
Sep 20081740101.767.88$17,706
Aug 20081350114.228.48$15,420
Jul 20081570131.0811.39$20,580
Jun 20081570131.3313.03$20,619
May 20081540123.1711.57$18,968
Apr 20081550110.3110.45$17,098
Mar 20081580101.909.66$16,100
Feb 2008168092.538.77$15,545
Jan 2008159090.388.21$14,370
Dec 2007327088.337.30$28,884
Nov 20070091.677.29$0
Oct 2007168082.856.92$13,919
Sep 2007176075.846.24$13,348
Aug 2007167069.066.39$11,533
Jul 2007152070.906.39$10,777
Jun 20070062.007.55$0
May 2007162058.747.85$9,516
Apr 2007143059.617.81$8,524
Mar 2007135056.927.30$7,684
Feb 2007132055.108.22$7,273
Jan 2007174050.306.73$8,752
Dec 2006141056.656.92$7,988
Nov 2006147054.207.62$7,967
Oct 2006141054.906.01$7,741
Sep 2006131060.085.04$7,870
Aug 2006151068.717.34$10,375
Jul 2006128069.376.34$8,879
Jun 2006127066.286.38$8,418
May 2006148066.016.42$9,769
Apr 20060064.397.36$0
Mar 2006290056.707.08$16,443
Feb 20060057.597.75$0
Jan 2006160060.598.93$9,694
Dec 2005171054.9413.42$9,395
Nov 20050054.6910.59$0
Oct 2005127058.3413.80$7,409
Sep 2005150061.4512.08$9,218
Aug 2005175061.519.80$10,764
Jul 2005168055.697.84$9,356
Jun 2005159052.337.38$8,320
May 2005168045.226.65$7,597
Apr 20050049.207.36$0
Mar 2005148050.377.15$7,455
Feb 2005137045.226.31$6,195
Jan 2005176043.166.32$7,596
Dec 2004176039.866.75$7,015
Nov 2004132045.286.33$5,977
Oct 2004160049.706.52$7,952
Sep 2004170043.245.28$7,351
Aug 20040042.375.55$0
Jul 2004130038.286.08$4,976
Jun 2004174036.106.43$6,281
May 20040037.486.49$0
Apr 2004138034.475.86$4,757
Mar 2004152034.365.53$5,223
Feb 2004157032.455.51$5,095
Jan 2004178032.036.30$5,701
Dec 2003138030.266.30$4,176
Nov 2003170028.804.60$4,896
Oct 2003170028.174.76$4,789
Sep 2003169026.314.75$4,446
Aug 2003174029.765.13$5,178
Jul 2003167029.415.17$4,911
Jun 2003168028.565.98$4,798
May 2003168026.595.97$4,467
Apr 2003168026.675.41$4,481
Mar 2003149031.146.10$4,640
Feb 2003173033.487.93$5,792
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 2002163024.583.06$4,007
Jun 2002137023.733.34$3,251
May 2002147024.663.58$3,625
Apr 2002177023.653.51$4,186
Mar 2002151022.003.10$3,322
Feb 2002174018.222.38$3,170
Jan 2002179017.172.38$3,073
Dec 20010016.932.36$0
Nov 2001134018.072.41$2,421
Oct 2001178019.782.53$3,521
Sep 2001163024.262.25$3,954
Aug 20010024.873.05$0
Jul 2001143023.933.20$3,422
Jun 2001158024.563.82$3,880
May 20010025.524.31$0
Apr 2001141024.685.34$3,480
Mar 2001123024.545.38$3,018
Feb 2001137027.755.77$3,802
Jan 2001168027.478.40$4,615
Dec 2000141026.889.12$3,790
Nov 20000032.215.66$0
Oct 2000177031.235.15$5,528
Sep 2000121031.875.19$3,856
Aug 2000127029.644.54$3,764
Jul 2000176028.534.09$5,021
Jun 2000177029.304.40$5,186
May 2000127027.263.68$3,462
Apr 2000142024.513.12$3,480
Mar 2000177028.422.86$5,030
Feb 2000178027.622.73$4,916
Jan 2000141025.272.48$3,563
Dec 1999132024.282.42$3,205
Nov 1999176023.192.43$4,081
Oct 1999152020.982.80$3,189
Sep 1999138021.752.62$3,002
Aug 1999149019.262.88$2,870
Jul 1999180017.892.37$3,220
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 1999177015.102.21$2,673
Mar 1999165012.471.84$2,058
Feb 199917809.981.82$1,776
Jan 1999179010.381.90$1,858
Dec 199816109.201.77$1,481
Nov 1998178010.892.19$1,938
Oct 1998177012.421.97$2,198
Sep 1998166012.592.08$2,090
Aug 1998175011.301.91$1,978
Jul 1998176011.742.24$2,066
Jun 1998158011.242.24$1,776
May 1998176012.622.21$2,221
Apr 1998183013.042.51$2,386
Mar 1998179012.802.31$2,291
Feb 1998179013.952.30$2,497
Jan 1998177014.702.15$2,602
Dec 19970016.322.41$0
Nov 1997179018.193.09$3,256
Oct 1997355019.253.15$6,834
Sep 19970017.742.95$0
Aug 1997181017.862.55$3,233
Jul 1997176017.582.25$3,094
Jun 1997359017.242.26$6,189
May 19970018.972.31$0
Apr 1997183017.882.08$3,272
Mar 1997359018.951.94$6,803
Feb 19970020.492.21$0
Jan 1997360023.483.54$8,453
Dec 1996181023.32$4,221
Nov 1996179021.97$3,933
Oct 1996176023.31$4,103
Sep 1996181022.22$4,022
Aug 1996177020.26$3,586
Jul 19960019.55$0
Jun 1996177018.73$3,315
May 1996179019.43$3,478
Apr 1996180021.51$3,872
Mar 1996177019.38$3,430
Feb 1996181016.98$3,073
Jan 1996357017.07$6,094
Dec 1995176017.19$3,025
Nov 1995178016.00$2,848
Oct 19950015.43$0
Sep 19950016.18$0
Aug 1995344015.92$5,476
Jul 1995176015.24$2,682
Jun 1995174016.41$2,855
May 1995180017.56$3,161
Apr 1995178017.73$3,156
Mar 19950016.44$0
Feb 1995181016.58$3,001
Jan 1995359015.92$5,715
Dec 19940015.03$0
Nov 1994179015.90$2,846
Oct 1994358015.58$5,578
Sep 1994177115.29$2,706
Aug 1994180116.13$2,903
Jul 1994179117.56$3,143
Jun 1994179117.09$3,059
May 1994182115.88$2,890
Apr 1994181114.14$2,559
Mar 1994358112.46$4,461
Feb 19940112.50$0
Jan 1994361112.66$4,570
Dec 1993180112.33$2,219
Nov 1993178114.49$2,579
Oct 1993177115.85$2,805
Sep 1993179115.03$2,690
Aug 1993172115.66$2,694
Jul 1993358115.46$5,535
Jun 1993176116.79$2,955
May 1993179117.68$3,165
Apr 19930118.05$0
Mar 1993358118.14$6,494
Feb 1993182117.90$3,258
Jan 1993183116.93$3,098

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                  196 bbl  × $106.41 =    $20,856
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $20,856

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/7809 is the state's own key, not one this site invented.