FREDERICK /M&G/

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 7898District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$2.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$16 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
OilDisposition49,857 bbl$2,098,653
Casinghead gasProduction20 Mcf$0
Total$2,098,653

20 Mcf of this lease's gas, across 20 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 2026500106.413.05$5,321
Apr 202630098.932.87$2,968
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202511056.664.41$623
Nov 202541058.593.93$2,402
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 202579063.933.01$5,050
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 202584060.553.23$5,086
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 202573070.884.34$5,174
Jan 20250074.324.28$0
Dec 202479068.993.12$5,450
Nov 20240069.052.20$0
Oct 202475071.372.28$5,353
Sep 202477069.612.36$5,360
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 202471078.082.63$5,544
May 20240078.812.20$0
Apr 202471084.451.66$5,996
Mar 202475080.301.55$6,023
Feb 20240076.091.78$0
Jan 202480073.023.30$5,842
Dec 202388071.262.61$6,271
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202373089.042.74$6,500
Aug 202373080.522.67$5,878
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 202374078.122.24$5,781
Mar 20230072.852.39$0
Feb 202377075.112.47$5,783
Jan 202376076.533.39$5,816
Dec 20220076.415.73$0
Nov 202288085.005.65$7,480
Oct 20220087.185.86$0
Sep 202278084.888.16$6,621
Aug 20220094.529.13$0
Jul 2022740101.587.54$7,517
Jun 2022760115.097.98$8,747
May 202200109.378.43$0
Apr 2022760104.226.84$7,921
Mar 2022760108.885.08$8,275
Feb 20220091.054.86$0
Jan 202272081.844.54$5,892
Dec 202177071.323.90$5,492
Nov 20210077.435.24$0
Oct 202173079.795.71$5,825
Sep 202176069.865.35$5,309
Aug 202169066.024.22$4,555
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021141060.362.76$8,511
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020141044.642.68$6,294
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020145037.091.99$5,378
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202093034.901.69$3,246
May 20200016.921.81$0
Apr 202080014.751.80$1,180
Mar 20200030.341.86$0
Feb 202073049.881.98$3,641
Jan 202081057.252.09$4,637
Dec 201972059.012.30$4,249
Nov 20190055.302.75$0
Oct 201966053.472.42$3,529
Sep 201964055.052.66$3,523
Aug 201944053.112.30$2,337
Jul 201966056.272.46$3,714
Jun 201973052.782.49$3,853
May 20190058.482.74$0
Apr 201974062.632.75$4,635
Mar 201976056.803.06$4,317
Feb 20190050.852.79$0
Jan 201967046.033.23$3,084
Dec 201868046.594.19$3,168
Nov 201877052.934.24$4,076
Oct 20180061.443.40$0
Sep 201876059.543.11$4,525
Aug 201871059.403.07$4,217
Jul 201873065.142.93$4,755
Jun 201867060.183.08$4,032
May 20180065.382.90$0
Apr 201875063.842.90$4,788
Mar 201870061.222.79$4,285
Feb 20180061.782.77$0
Jan 201869062.874.01$4,338
Dec 20170057.272.92$0
Nov 201777055.423.12$4,267
Oct 201773049.292.98$3,598
Sep 201776047.523.09$3,612
Aug 20170045.373.00$0
Jul 201772043.873.09$3,159
Jun 201776042.493.09$3,229
May 201772045.373.26$3,267
Apr 201776047.933.21$3,643
Mar 201772046.772.98$3,367
Feb 201777050.452.95$3,885
Jan 201774049.413.42$3,656
Dec 20160048.763.72$0
Nov 201659042.492.64$2,507
Oct 201670046.193.09$3,233
Sep 201670041.553.10$2,909
Aug 2016133041.442.92$5,512
Jul 2016172041.622.92$7,159
Jun 2016154045.352.69$6,984
May 20160042.521.99$0
Apr 201673036.561.99$2,669
Mar 201668033.011.79$2,245
Feb 201676026.472.06$2,012
Jan 201675027.352.36$2,051
Dec 201573032.362.00$2,362
Nov 201571038.792.17$2,754
Oct 20150043.552.43$0
Sep 201547042.992.76$2,021
Aug 201561040.162.87$2,450
Jul 2015103048.152.95$4,959
Jun 20150056.152.88$0
May 201580055.212.96$4,417
Apr 201556049.822.71$2,790
Mar 20150042.892.93$0
Feb 2015100044.662.98$4,466
Jan 2015109043.433.10$4,734
Dec 20140054.693.59$0
Nov 2014109070.464.25$7,680
Oct 2014103078.303.90$8,065
Sep 2014103086.164.05$8,874
Aug 20140089.394.04$0
Jul 2014103096.564.18$9,946
Jun 2014110098.164.74$10,798
May 2014104094.734.73$9,852
Apr 201499095.944.81$9,498
Mar 201445095.895.06$4,315
Feb 2014111097.406.19$10,811
Jan 2014110090.404.86$9,944
Dec 201342091.824.35$3,856
Nov 201383088.853.74$7,375
Oct 2013114097.423.78$11,106
Sep 2013890104.113.72$9,266
Aug 20131130104.253.52$11,780
Jul 20131120102.523.72$11,482
Jun 2013120094.403.93$11,328
May 2013107094.834.15$10,147
Apr 2013145093.964.28$13,624
Mar 2013115093.623.91$10,766
Feb 2013161091.233.42$14,688
Jan 201398091.603.42$8,977
Dec 2012112086.773.42$9,718
Nov 2012106086.953.62$9,217
Oct 2012106089.383.40$9,474
Sep 2012112094.672.92$10,603
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201256079.822.52$4,470
May 2012101091.612.49$9,253
Apr 20121040101.652.00$10,572
Mar 2012990105.052.22$10,400
Feb 20121000101.102.57$10,110
Jan 2012109098.092.73$10,692
Dec 201193096.873.24$9,009
Nov 201195095.723.31$9,093
Oct 2011193084.983.65$16,401
Sep 20110083.623.99$0
Aug 201168083.404.15$5,671
Jul 201195094.144.52$8,943
Jun 201191092.904.64$8,454
May 2011106098.134.40$10,402
Apr 20111030105.964.33$10,914
Mar 201171096.364.06$6,842
Feb 201198085.644.18$8,393
Jan 2011109086.504.59$9,429
Dec 201089085.734.35$7,630
Nov 2010110080.843.80$8,892
Oct 201074078.103.51$5,779
Sep 2010104072.633.98$7,554
Aug 201099073.684.42$7,294
Jul 2010104072.554.74$7,545
Jun 201098070.364.91$6,895
May 2010107071.124.24$7,610
Apr 2010126081.694.12$10,293
Mar 201085078.394.39$6,663
Feb 2010107073.585.44$7,873
Jan 2010104074.365.96$7,733
Dec 20090071.445.48$0
Nov 2009112074.593.75$8,354
Oct 2009108072.544.11$7,834
Sep 2009132065.543.06$8,651
Aug 2009190067.423.22$12,810
Jul 200997061.133.46$5,930
Jun 2009180066.163.90$11,909
May 2009160054.743.93$8,758
Apr 2009207046.773.59$9,681
Mar 200986042.144.06$3,624
Feb 2009114032.814.63$3,740
Jan 2009111035.865.37$3,980
Dec 2008209037.105.98$7,754
Nov 2008104055.496.86$5,771
Oct 2008111075.246.92$8,352
Sep 20081100101.767.88$11,194
Aug 2008960114.228.48$10,965
Jul 20082160131.0811.39$28,313
Jun 20081090131.3313.03$14,315
May 2008560123.1711.57$6,898
Apr 20082000110.3110.45$22,062
Mar 2008960101.909.66$9,782
Feb 20080092.538.77$0
Jan 2008197090.388.21$17,805
Dec 2007110088.337.30$9,716
Nov 2007187091.677.29$17,142
Oct 2007111082.856.92$9,196
Sep 2007180075.846.24$13,651
Aug 2007134069.066.39$9,254
Jul 2007138070.906.39$9,784
Jun 2007140062.007.55$8,680
May 200789058.747.85$5,228
Apr 2007144059.617.81$8,584
Mar 2007198056.927.30$11,270
Feb 200761055.108.22$3,361
Jan 2007128050.306.73$6,438
Dec 2006127056.656.92$7,195
Nov 2006107054.207.62$5,799
Oct 2006171054.906.01$9,388
Sep 2006168060.085.04$10,093
Aug 20060068.717.34$0
Jul 2006157069.376.34$10,891
Jun 2006178066.286.38$11,798
May 2006157066.016.42$10,364
Apr 200699064.397.36$6,375
Mar 2006297056.707.08$16,840
Feb 2006172057.597.75$9,905
Jan 2006154060.598.93$9,331
Dec 2005178054.9413.42$9,779
Nov 2005309054.6910.59$16,899
Oct 2005165058.3413.80$9,626
Sep 2005265061.4512.08$16,284
Aug 2005139061.519.80$8,550
Jul 2005166055.697.84$9,245
Jun 20050052.337.38$0
May 2005108045.226.65$4,884
Apr 200591049.207.36$4,477
Mar 2005101050.377.15$5,087
Feb 2005105045.226.31$4,748
Jan 2005111043.166.32$4,791
Dec 2004122039.866.75$4,863
Nov 2004127045.286.33$5,751
Oct 2004120049.706.52$5,964
Sep 2004255043.245.28$11,026
Aug 2004140042.375.55$5,932
Jul 2004144038.286.08$5,512
Jun 2004266036.106.43$9,603
May 2004135037.486.49$5,060
Apr 2004110034.475.86$3,792
Mar 2004268034.365.53$9,208
Feb 2004258032.455.51$8,372
Jan 2004136032.036.30$4,356
Dec 2003235030.266.30$7,111
Nov 2003262028.804.60$7,546
Oct 2003348028.174.76$9,803
Sep 2003130026.314.75$3,420
Aug 2003217029.765.13$6,458
Jul 2003219029.415.17$6,441
Jun 2003262028.565.98$7,483
May 2003243026.595.97$6,461
Apr 2003217026.675.41$5,787
Mar 2003357031.146.10$11,117
Feb 2003305033.487.93$10,211
Jan 2003310030.315.58$9,396
Dec 2002267026.914.85$7,185
Nov 2002442024.664.14$10,900
Oct 2002460026.464.23$12,172
Sep 2002429027.443.64$11,772
Aug 2002303025.963.16$7,866
Jul 2002303024.583.06$7,448
Jun 2002408023.733.34$9,682
May 2002300024.663.58$7,398
Apr 2002284023.653.51$6,717
Mar 2002312022.003.10$6,864
Feb 2002217018.222.38$3,954
Jan 2002220017.172.38$3,777
Dec 2001440016.932.36$7,449
Nov 2001401018.072.41$7,246
Oct 2001424019.782.53$8,387
Sep 2001557024.262.25$13,513
Aug 2001113024.873.05$2,810
Jul 2001393023.933.20$9,404
Jun 2001485024.563.82$11,912
May 2001351025.524.31$8,958
Apr 2001274024.685.34$6,762
Mar 2001199024.545.38$4,883
Feb 2001245027.755.77$6,799
Jan 2001128027.478.40$3,516
Dec 2000250026.889.12$6,720
Nov 2000148032.215.66$4,767
Oct 200097031.235.15$3,029
Sep 2000146031.875.19$4,653
Aug 2000466029.644.54$13,812
Jul 2000322028.534.09$9,187
Jun 2000332029.304.40$9,728
May 2000302027.263.68$8,233
Apr 2000331024.513.12$8,113
Mar 2000327028.422.86$9,293
Feb 2000312027.622.73$8,617
Jan 2000336025.272.48$8,491
Dec 1999306024.282.42$7,430
Nov 1999167023.192.43$3,873
Oct 1999329020.982.80$6,902
Sep 1999163021.752.62$3,545
Aug 1999320019.262.88$6,163
Jul 1999165017.892.37$2,952
Jun 1999302015.942.36$4,814
May 1999292015.792.32$4,611
Apr 1999158015.102.21$2,386
Mar 1999295012.471.84$3,679
Feb 199929809.981.82$2,974
Jan 1999325010.381.90$3,374
Dec 199832809.201.77$3,018
Nov 1998514010.892.19$5,597
Oct 1998465012.421.97$5,775
Sep 1998474012.592.08$5,968
Aug 1998324011.301.91$3,661
Jul 1998171011.742.24$2,008
Jun 1998307011.242.24$3,451
May 1998171012.622.21$2,158
Apr 1998321013.042.51$4,186
Mar 1998140012.802.31$1,792
Feb 1998165013.952.30$2,302
Jan 1998156014.702.15$2,293
Dec 1997303016.322.41$4,945
Nov 1997150018.193.09$2,729
Oct 1997443019.253.15$8,528
Sep 1997326017.742.95$5,783
Aug 1997333017.862.55$5,947
Jul 1997140017.582.25$2,461
Jun 1997161017.242.26$2,776
May 1997154018.972.31$2,921
Apr 1997173017.882.08$3,093
Mar 1997176018.951.94$3,335
Feb 1997325020.492.21$6,659
Jan 1997145023.483.54$3,405
Dec 1996337023.32$7,859
Nov 1996171021.97$3,757
Oct 1996350023.31$8,159
Sep 1996174022.22$3,866
Aug 1996329020.26$6,666
Jul 1996328019.55$6,412
Jun 1996157018.73$2,941
May 1996139019.43$2,701
Apr 19960021.51$0
Mar 1996136019.38$2,636
Feb 19960016.98$0
Jan 1996152017.07$2,595
Dec 19950017.19$0
Nov 1995142016.00$2,272
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 1995146015.24$2,225
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 1995151016.58$2,504
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940015.58$0
Sep 1994133115.29$2,034
Aug 19940016.13$0
Jul 19940117.56$0
Jun 19940117.09$0
May 1994153115.88$2,430
Apr 19940114.14$0
Mar 199460112.46$748
Feb 19940112.50$0
Jan 19940112.66$0
Dec 19930112.33$0
Nov 19930114.49$0
Oct 19930115.85$0
Sep 1993149115.03$2,239
Aug 19930115.66$0
Jul 19930115.46$0
Jun 19930116.79$0
May 19930117.68$0
Apr 1993146118.05$2,635
Mar 19930118.14$0
Feb 1993144117.90$2,578
Jan 19930116.93$0

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                   50 bbl  × $106.41 =     $5,321
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $5,321

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/7898 is the state's own key, not one this site invented.