SHEPPARD, J. H.

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 7812District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$5.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$58 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
OilDisposition121,908 bbl$5,671,656
Casinghead gasProduction2,931 Mcf$15,519
Total$5,687,175

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 2026990106.413.05$10,535
Apr 202692098.932.87$9,102
Mar 202683089.753.15$7,449
Feb 20260063.503.75$0
Jan 202687059.138.00$5,144
Dec 202594056.664.41$5,326
Nov 202580058.593.93$4,687
Oct 202586059.383.30$5,107
Sep 20250062.743.08$0
Aug 2025168063.933.01$10,740
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025167060.553.23$10,112
Apr 20250062.363.54$0
Mar 2025182067.704.27$12,321
Feb 20250070.884.34$0
Jan 2025180074.324.28$13,378
Dec 20240068.993.12$0
Nov 2024188069.052.20$12,981
Oct 20240071.372.28$0
Sep 2024149069.612.36$10,372
Aug 20240075.632.06$0
Jul 2024154079.932.15$12,309
Jun 20240078.082.63$0
May 2024163078.812.20$12,846
Apr 20240084.451.66$0
Mar 2024160080.301.55$12,848
Feb 20240076.091.78$0
Jan 2024154073.023.30$11,245
Dec 20230071.262.61$0
Nov 2023159077.892.81$12,385
Oct 20230085.443.09$0
Sep 2023173089.042.74$15,404
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023138068.962.26$9,516
May 2023287070.622.23$20,268
Apr 2023145078.122.24$11,327
Mar 2023172072.852.39$12,530
Feb 2023175075.112.47$13,144
Jan 2023159076.533.39$12,168
Dec 2022174076.415.73$13,295
Nov 2022154085.005.65$13,090
Oct 2022172087.185.86$14,995
Sep 2022183084.888.16$15,533
Aug 2022163094.529.13$15,407
Jul 20221870101.587.54$18,995
Jun 20221660115.097.98$19,105
May 202200109.378.43$0
Apr 20221530104.226.84$15,946
Mar 20221640108.885.08$17,856
Feb 2022156091.054.86$14,204
Jan 2022154081.844.54$12,603
Dec 2021158071.323.90$11,269
Nov 2021165077.435.24$12,776
Oct 2021175079.795.71$13,963
Sep 2021146069.865.35$10,200
Aug 2021169066.024.22$11,157
Jul 2021187070.783.98$13,236
Jun 2021187069.493.38$12,995
May 20210063.483.02$0
Apr 2021153060.362.76$9,235
Mar 20210061.302.72$0
Feb 2021149057.805.55$8,612
Jan 20210050.412.81$0
Dec 2020160044.642.68$7,142
Nov 20200038.772.71$0
Oct 2020144036.972.48$5,324
Sep 20200037.091.99$0
Aug 2020173039.982.39$6,917
Jul 2020168038.371.83$6,446
Jun 20200034.901.69$0
May 2020156016.921.81$2,640
Apr 20200014.751.80$0
Mar 2020154030.341.86$4,672
Feb 2020154049.881.98$7,682
Jan 2020323057.252.09$18,492
Dec 2019179059.012.30$10,563
Nov 2019131055.302.75$7,244
Oct 2019328053.472.42$17,538
Sep 2019134055.052.66$7,377
Aug 2019166053.112.30$8,816
Jul 2019320056.272.46$18,006
Jun 2019175052.782.49$9,237
May 2019173058.482.74$10,117
Apr 2019175062.632.75$10,960
Mar 2019187056.803.06$10,622
Feb 2019147050.852.79$7,475
Jan 2019305046.033.23$14,039
Dec 2018165046.594.19$7,687
Nov 2018183052.934.24$9,686
Oct 2018343061.443.40$21,074
Sep 2018184059.543.11$10,955
Aug 2018175059.403.07$10,395
Jul 2018328065.142.93$21,366
Jun 2018162060.183.08$9,749
May 2018300065.382.90$19,614
Apr 2018158063.842.90$10,087
Mar 2018311061.222.79$19,039
Feb 2018153061.782.77$9,452
Jan 2018312062.874.01$19,615
Dec 2017325057.272.92$18,613
Nov 2017182055.423.12$10,086
Oct 2017183049.292.98$9,020
Sep 2017298047.523.09$14,161
Aug 2017169045.373.00$7,668
Jul 2017164043.873.09$7,195
Jun 2017319042.493.09$13,554
May 2017150045.373.26$6,806
Apr 2017321047.933.21$15,386
Mar 2017157046.772.98$7,343
Feb 2017173050.452.95$8,728
Jan 2017327049.413.42$16,157
Dec 2016164048.763.72$7,997
Nov 2016169042.492.64$7,181
Oct 2016322046.193.09$14,873
Sep 2016170041.553.10$7,064
Aug 2016309041.442.92$12,805
Jul 2016185041.622.92$7,700
Jun 2016164045.352.69$7,437
May 2016351042.521.99$14,925
Apr 2016158036.561.99$5,776
Mar 2016317033.011.79$10,464
Feb 2016308026.472.06$8,153
Jan 2016158027.352.36$4,321
Dec 2015296032.362.00$9,579
Nov 2015322038.792.17$12,490
Oct 2015161043.552.43$7,012
Sep 2015308042.992.76$13,241
Aug 2015296040.162.87$11,887
Jul 2015174048.152.95$8,378
Jun 2015324056.152.88$18,193
May 2015337055.212.96$18,606
Apr 2015159049.822.71$7,921
Mar 2015355042.892.93$15,226
Feb 2015157044.662.98$7,012
Jan 2015286043.433.10$12,421
Dec 2014286054.693.59$15,641
Nov 2014267070.464.25$18,813
Oct 2014291078.303.90$22,785
Sep 2014328086.164.05$28,260
Aug 2014313089.394.04$27,979
Jul 2014337096.564.18$32,541
Jun 2014318098.164.74$31,215
May 2014176094.734.73$16,672
Apr 2014332095.944.81$31,852
Mar 2014346095.895.06$33,178
Feb 2014164097.406.19$15,974
Jan 2014462090.404.86$41,765
Dec 2013154091.824.35$14,140
Nov 2013311088.853.74$27,632
Oct 2013345097.423.78$33,610
Sep 20133360104.113.72$34,981
Aug 20133360104.253.52$35,028
Jul 20133420102.523.72$35,062
Jun 2013162094.403.93$15,293
May 2013313094.834.15$29,682
Apr 2013346093.964.28$32,510
Mar 2013168093.623.91$15,728
Feb 2013308091.233.42$28,099
Jan 2013329091.603.42$30,136
Dec 2012315086.773.42$27,333
Nov 2012331086.953.62$28,780
Oct 2012310089.383.40$27,708
Sep 2012310094.672.92$29,348
Aug 2012323092.662.91$29,929
Jul 2012358085.133.02$30,477
Jun 2012314079.822.52$25,063
May 2012359091.612.49$32,888
Apr 20123090101.652.00$31,410
Mar 20123210105.052.22$33,721
Feb 20123570101.102.57$36,093
Jan 2012317098.092.73$31,095
Dec 2011329096.873.24$31,870
Nov 2011332095.723.31$31,779
Oct 2011353084.983.65$29,998
Sep 2011344083.623.99$28,765
Aug 2011337083.404.15$28,106
Jul 2011316094.144.52$29,748
Jun 2011357092.904.64$33,165
May 2011361098.134.40$35,425
Apr 20113350105.964.33$35,497
Mar 2011329096.364.06$31,702
Feb 2011372085.644.18$31,858
Jan 2011337086.504.59$29,151
Dec 2010187085.734.35$16,032
Nov 2010338080.843.80$27,324
Oct 2010188078.103.51$14,683
Sep 2010182072.633.98$13,219
Aug 2010339073.684.42$24,978
Jul 2010413072.554.74$29,963
Jun 2010333070.364.91$23,430
May 201035678571.124.24$28,643
Apr 2010342081.694.12$27,938
Mar 2010342078.394.39$26,809
Feb 2010360073.585.44$26,489
Jan 2010160074.365.96$11,898
Dec 2009365071.445.48$26,076
Nov 2009360074.593.75$26,852
Oct 200936362672.544.11$28,905
Sep 2009330065.543.06$21,628
Aug 2009493067.423.22$33,238
Jul 2009371061.133.46$22,679
Jun 2009292066.163.90$19,319
May 2009370054.743.93$20,254
Apr 2009180046.773.59$8,419
Mar 2009354042.144.06$14,918
Feb 2009311032.814.63$10,204
Jan 2009322035.865.37$11,547
Dec 2008302037.105.98$11,204
Nov 2008343055.496.86$19,033
Oct 2008154075.246.92$11,587
Sep 20083390101.767.88$34,497
Aug 20083500114.228.48$39,977
Jul 20083480131.0811.39$45,616
Jun 20083140131.3313.03$41,238
May 20083240123.1711.57$39,907
Apr 20083200110.3110.45$35,299
Mar 20083000101.909.66$30,570
Feb 2008335092.538.77$30,998
Jan 2008305090.388.21$27,566
Dec 2007519088.337.30$45,843
Nov 2007160091.677.29$14,667
Oct 2007462082.856.92$38,277
Sep 2007333075.846.24$25,255
Aug 2007330069.066.39$22,790
Jul 2007425070.906.39$30,133
Jun 2007318062.007.55$19,716
May 2007348058.747.85$20,442
Apr 2007350059.617.81$20,864
Mar 2007323056.927.30$18,385
Feb 2007344055.108.22$18,954
Jan 2007317050.306.73$15,945
Dec 200645667156.656.92$30,475
Nov 2006307054.207.62$16,639
Oct 200647282854.906.01$30,892
Sep 2006332060.085.04$19,947
Aug 2006338068.717.34$23,224
Jul 2006340069.376.34$23,586
Jun 2006359066.286.38$23,795
May 2006496066.016.42$32,741
Apr 2006312064.397.36$20,090
Mar 2006330056.707.08$18,711
Feb 2006487057.597.75$28,046
Jan 2006307060.598.93$18,601
Dec 2005386054.9413.42$21,207
Nov 2005346054.6910.59$18,923
Oct 2005355058.3413.80$20,711
Sep 2005351061.4512.08$21,569
Aug 2005475061.519.80$29,217
Jul 2005337055.697.84$18,768
Jun 2005448052.337.38$23,444
May 2005352045.226.65$15,917
Apr 2005355049.207.36$17,466
Mar 2005336050.377.15$16,924
Feb 2005328045.226.31$14,832
Jan 2005542043.166.32$23,393
Dec 2004352039.866.75$14,031
Nov 2004337045.286.33$15,259
Oct 2004467049.706.52$23,210
Sep 2004352043.245.28$15,220
Aug 2004526042.375.55$22,287
Jul 2004340038.286.08$13,015
Jun 2004228036.106.43$8,231
May 2004507037.486.49$19,002
Apr 2004360034.475.86$12,409
Mar 2004519034.365.53$17,833
Feb 2004364032.455.51$11,812
Jan 2004317032.036.30$10,154
Dec 2003507030.266.30$15,342
Nov 2003365028.804.60$10,512
Oct 2003492028.174.76$13,860
Sep 2003350026.314.75$9,209
Aug 2003354029.765.13$10,535
Jul 2003530029.415.17$15,587
Jun 2003374028.565.98$10,681
May 2003513026.595.97$13,641
Apr 2003389026.675.41$10,375
Mar 2003383031.146.10$11,927
Feb 2003528033.487.93$17,677
Jan 2003343030.315.58$10,396
Dec 2002575026.914.85$15,473
Nov 2002348024.664.14$8,582
Oct 2002493026.464.23$13,045
Sep 2002453027.443.64$12,430
Aug 2002358025.963.16$9,294
Jul 2002471024.583.06$11,577
Jun 2002497023.733.34$11,794
May 2002512024.663.58$12,626
Apr 2002507023.653.51$11,991
Mar 2002359022.003.10$7,898
Feb 2002411018.222.38$7,488
Jan 2002527017.172.38$9,049
Dec 2001347016.932.36$5,875
Nov 2001516018.072.41$9,324
Oct 2001514019.782.53$10,167
Sep 2001352024.262.25$8,540
Aug 2001504024.873.05$12,534
Jul 2001534023.933.20$12,779
Jun 2001339024.563.82$8,326
May 2001500025.524.31$12,760
Apr 2001365024.685.34$9,008
Mar 2001487024.545.38$11,951
Feb 2001530027.755.77$14,708
Jan 2001389027.478.40$10,686
Dec 2000343026.889.12$9,220
Nov 2000383032.215.66$12,336
Oct 2000341031.235.15$10,649
Sep 2000471031.875.19$15,011
Aug 2000514029.644.54$15,235
Jul 2000537028.534.09$15,321
Jun 2000382029.304.40$11,193
May 2000522027.263.68$14,230
Apr 2000387024.513.12$9,485
Mar 2000560028.422.86$15,915
Feb 2000390027.622.73$10,772
Jan 2000567025.272.48$14,328
Dec 1999351024.282.42$8,522
Nov 1999512023.192.43$11,873
Oct 1999350020.982.80$7,343
Sep 1999488021.752.62$10,614
Aug 1999349019.262.88$6,722
Jul 1999508017.892.37$9,088
Jun 1999356015.942.36$5,675
May 1999352015.792.32$5,558
Apr 1999378015.102.21$5,708
Mar 1999539012.471.84$6,721
Feb 199934109.981.82$3,403
Jan 1999552010.381.90$5,730
Dec 199838409.201.77$3,533
Nov 1998567010.892.19$6,175
Oct 1998371012.421.97$4,608
Sep 1998356012.592.08$4,482
Aug 1998537011.301.91$6,068
Jul 1998349011.742.24$4,097
Jun 1998350011.242.24$3,934
May 1998557012.622.21$7,029
Apr 1998403013.042.51$5,255
Mar 1998381012.802.31$4,877
Feb 1998364013.952.30$5,078
Jan 1998584014.702.15$8,585
Dec 1997410016.322.41$6,691
Nov 1997361018.193.09$6,567
Oct 1997580019.253.15$11,165
Sep 1997350017.742.95$6,209
Aug 1997385017.862.55$6,876
Jul 1997380017.582.25$6,680
Jun 1997578017.242.26$9,965
May 1997350018.972.31$6,640
Apr 1997376017.882.08$6,723
Mar 1997346018.951.94$6,557
Feb 1997379020.492.21$7,766
Jan 1997390023.483.54$9,157
Dec 1996417023.32$9,724
Nov 1996380021.97$8,349
Oct 1996586023.31$13,660
Sep 1996358022.22$7,955
Aug 1996523020.26$10,596
Jul 1996385019.55$7,527
Jun 1996336018.73$6,293
May 1996383019.43$7,442
Apr 1996555021.51$11,938
Mar 1996341019.38$6,609
Feb 1996352016.98$5,977
Jan 1996539017.07$9,201
Dec 1995386017.19$6,635
Nov 1995518016.00$8,288
Oct 1995348015.43$5,370
Sep 1995349016.18$5,647
Aug 1995560015.92$8,915
Jul 1995347015.24$5,288
Jun 1995350016.41$5,744
May 1995525017.56$9,219
Apr 1995175017.73$3,103
Mar 1995527016.44$8,664
Feb 1995351016.58$5,820
Jan 1995384015.92$6,113
Dec 1994350015.03$5,261
Nov 1994351015.90$5,581
Oct 1994346015.58$5,391
Sep 1994420115.29$6,422
Aug 1994368116.13$5,936
Jul 1994532117.56$9,342
Jun 1994326117.09$5,571
May 1994353115.88$5,606
Apr 1994353114.14$4,991
Mar 1994380112.46$4,735
Feb 1994519112.50$6,488
Jan 1994182112.66$2,304
Dec 1993369112.33$4,550
Nov 1993559114.49$8,100
Oct 1993180115.85$2,853
Sep 1993352115.03$5,291
Aug 1993355115.66$5,559
Jul 1993354115.46$5,473
Jun 1993179116.79$3,005
May 1993369117.68$6,524
Apr 1993383118.05$6,913
Mar 1993366118.14$6,639
Feb 1993180117.90$3,222
Jan 1993351116.93$5,942

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                   99 bbl  × $106.41 =    $10,535
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $10,535

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/7812 is the state's own key, not one this site invented.