AKIN, J. W.

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 7928District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$36.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$292 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
OilDisposition1,540,040 bbl$35,641,806
Casinghead gasProduction627,371 Mcf$1,209,011
Total$36,850,818

298,145 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 20264800106.413.05$51,077
Apr 202618319998.932.87$18,675
Mar 202633924989.753.15$31,209
Feb 202635214663.503.75$22,900
Jan 202635922559.138.00$23,027
Dec 202534724756.664.41$20,751
Nov 202535322958.593.93$21,581
Oct 202534719659.383.30$21,253
Sep 202518219362.743.08$12,013
Aug 202535021163.933.01$23,012
Jul 202533921966.743.32$23,351
Jun 202534422366.483.13$23,567
May 202535317960.553.23$21,953
Apr 20253363562.363.54$21,077
Mar 20255261167.704.27$35,657
Feb 2025151570.884.34$10,725
Jan 20253411374.324.28$25,399
Dec 2024528668.993.12$36,445
Nov 2024182469.052.20$12,576
Oct 2024444171.372.28$31,691
Sep 202433221869.612.36$23,626
Aug 202455335475.632.06$42,554
Jul 202451023779.932.15$41,273
Jun 202434723978.082.63$27,723
May 202436310378.812.20$28,834
Apr 202416512684.451.66$14,143
Mar 202432211880.301.55$26,039
Feb 2024149976.091.78$11,353
Jan 20241902173.023.30$13,943
Dec 202335810371.262.61$25,780
Nov 2023164077.892.81$12,774
Oct 202331515585.443.09$27,392
Sep 202335216689.042.74$31,796
Aug 202337618180.522.67$30,759
Jul 202317217174.852.64$13,326
Jun 202318217568.962.26$12,946
May 202335017170.622.23$25,098
Apr 202331713478.122.24$25,064
Mar 20231537772.852.39$11,330
Feb 2023338075.112.47$25,387
Jan 20233034476.533.39$23,338
Dec 202249117276.415.73$38,503
Nov 20221494685.005.65$12,925
Oct 202221514387.185.86$19,582
Sep 202249019684.888.16$43,191
Aug 20223109994.529.13$30,205
Jul 20223085101.587.54$31,324
Jun 202216420115.097.98$19,034
May 202235954109.378.43$39,719
Apr 202215054104.226.84$16,002
Mar 202232649108.885.08$35,744
Feb 20223245891.054.86$29,782
Jan 20223509081.844.54$29,052
Dec 20213529471.323.90$25,471
Nov 20213258577.435.24$25,610
Oct 20213739679.795.71$30,310
Sep 202131011369.865.35$22,261
Aug 202148220666.024.22$32,691
Jul 202135221170.783.98$25,755
Jun 202162820469.493.38$44,329
May 202131713663.483.02$20,534
Apr 20215178460.362.76$31,438
Mar 202101861.302.72$49
Feb 20211433157.805.55$8,437
Jan 20211761050.412.81$8,900
Dec 20201511344.642.68$6,775
Nov 202001338.772.71$35
Oct 20201549036.972.48$5,916
Sep 202016311437.091.99$6,273
Aug 20201466939.982.39$6,002
Jul 20201582538.371.83$6,108
Jun 20201633034.901.69$5,739
May 20203555016.921.81$6,097
Apr 20203347314.751.80$5,058
Mar 202032914730.341.86$10,255
Feb 202031411049.881.98$15,880
Jan 202065317257.252.09$37,745
Dec 201935720159.012.30$21,530
Nov 201932620255.302.75$18,583
Oct 201931622753.472.42$17,446
Sep 201946923555.052.66$26,443
Aug 201952621853.112.30$28,438
Jul 201933721756.272.46$19,497
Jun 2019330052.782.49$17,417
May 201951722358.482.74$30,845
Apr 201934817962.632.75$22,288
Mar 201937227756.803.06$21,978
Feb 20193539450.852.79$18,213
Jan 201954128246.033.23$25,813
Dec 2018497046.594.19$23,155
Nov 2018515052.934.24$27,259
Oct 201832935861.443.40$21,430
Sep 201851935859.543.11$32,014
Aug 201854339759.403.07$33,472
Jul 201852743765.142.93$35,610
Jun 201851144660.183.08$32,124
May 201846246765.382.90$31,560
Apr 201855137463.842.90$36,261
Mar 201835030361.222.79$22,271
Feb 201833718961.782.77$21,343
Jan 201837720962.874.01$24,540
Dec 201748220557.272.92$28,203
Nov 201737619455.423.12$21,443
Oct 201736317049.292.98$18,400
Sep 201730821447.523.09$15,297
Aug 201752625345.373.00$24,625
Jul 201733425443.873.09$15,437
Jun 201733830442.493.09$15,300
May 201750738245.373.26$24,249
Apr 201717821147.933.21$9,209
Mar 2017358546.772.98$16,759
Feb 2017362550.452.95$18,278
Jan 201734626149.413.42$17,988
Dec 201636010048.763.72$17,926
Nov 201651332142.492.64$22,646
Oct 201668232046.193.09$32,490
Sep 201651035741.553.10$22,297
Aug 201653540941.442.92$23,366
Jul 201652537941.622.92$22,959
Jun 201670739245.352.69$33,115
May 201651337942.521.99$22,567
Apr 201654639236.561.99$20,742
Mar 201654325733.011.79$18,385
Feb 20163399626.472.06$9,171
Jan 201671439227.352.36$20,455
Dec 201571054132.362.00$24,058
Nov 201569655138.792.17$28,192
Oct 201573066443.552.43$33,403
Sep 201591266742.992.76$41,047
Aug 201567969140.162.87$29,254
Jul 201588459548.152.95$44,317
Jun 201589371856.152.88$52,212
May 201573877255.212.96$43,027
Apr 20151,07679849.822.71$55,766
Mar 201590287842.892.93$41,263
Feb 201574561544.662.98$35,102
Jan 20151,07166643.433.10$48,579
Dec 20141,09467954.693.59$62,269
Nov 201492768570.464.25$68,229
Oct 20141,24368178.303.90$99,983
Sep 20141,08162786.164.05$95,675
Aug 20141,06459689.394.04$97,516
Jul 201472754296.564.18$72,464
Jun 201491557798.164.74$92,550
May 201489858594.734.73$87,833
Apr 201470644195.944.81$69,854
Mar 201490155895.895.06$89,219
Feb 201488561297.406.19$89,989
Jan 201474470490.404.86$70,680
Dec 201391268291.824.35$86,710
Nov 201391270488.853.74$83,663
Oct 20131,07361997.423.78$106,871
Sep 2013900734104.113.72$96,428
Aug 20131,277858104.253.52$136,150
Jul 20131,235791102.523.72$129,553
Jun 20131,40784094.403.93$136,125
May 20131,08163794.834.15$105,154
Apr 20131,11858793.964.28$107,561
Mar 20131,26453493.623.91$120,425
Feb 20131,11241991.233.42$102,881
Jan 201390643191.603.42$84,464
Dec 20121,09741286.773.42$96,596
Nov 20121,23744586.953.62$109,170
Oct 20121,39740489.383.40$126,237
Sep 20121,37037894.672.92$130,801
Aug 20121,23648192.662.91$115,927
Jul 20121,20148785.133.02$103,712
Jun 20121,25046879.822.52$100,954
May 20121,43747591.612.49$132,826
Apr 20121,264436101.652.00$129,356
Mar 20121,495377105.052.22$157,887
Feb 20121,081325101.102.57$110,124
Jan 20121,63736998.092.73$161,582
Dec 20111,28438296.873.24$125,619
Nov 20111,46241795.723.31$141,323
Oct 20111,63843384.983.65$140,777
Sep 20111,09247283.623.99$93,194
Aug 20111,58747583.404.15$134,327
Jul 20111,26645794.144.52$121,246
Jun 20111,74043392.904.64$163,655
May 20111,97141398.134.40$195,233
Apr 20111,816424105.964.33$194,261
Mar 201173827796.364.06$72,238
Feb 201118920385.644.18$17,035
Jan 201150324286.504.59$44,620
Dec 201018423685.734.35$16,800
Nov 201036414580.843.80$29,976
Oct 201036722278.103.51$29,442
Sep 201017921172.633.98$13,840
Aug 201036522473.684.42$27,883
Jul 201017420972.554.74$13,614
Jun 201038020470.364.91$27,739
May 201034621671.124.24$25,522
Apr 201019621781.694.12$16,906
Mar 201036520878.394.39$29,525
Feb 201035517073.585.44$27,046
Jan 201018320574.365.96$14,831
Dec 200935022971.445.48$26,260
Nov 200936421574.593.75$27,957
Oct 200918521972.544.11$14,320
Sep 200933722465.543.06$22,773
Aug 200935924867.423.22$25,002
Jul 200935525661.133.46$22,588
Jun 200933319466.163.90$22,787
May 200933223554.743.93$19,096
Apr 200935625746.773.59$17,572
Mar 200936927842.144.06$16,678
Feb 200934628732.814.63$12,682
Jan 200955537135.865.37$21,895
Dec 200856143237.105.98$23,395
Nov 200835950055.496.86$23,351
Oct 200855957575.246.92$46,039
Sep 2008540457101.767.88$58,550
Aug 2008687606114.228.48$83,610
Jul 2008532463131.0811.39$75,008
Jun 2008724613131.3313.03$103,072
May 2008537562123.1711.57$72,647
Apr 2008532519110.3110.45$64,111
Mar 2008535552101.909.66$59,851
Feb 200853349592.538.77$53,660
Jan 200872053090.388.21$69,423
Dec 200769553488.337.30$65,289
Nov 200750848291.677.29$50,083
Oct 200753952682.856.92$48,297
Sep 200749055575.846.24$40,627
Aug 200766359269.066.39$49,568
Jul 200769156670.906.39$52,607
Jun 200749652962.007.55$34,745
May 200770265658.747.85$46,383
Apr 200753161359.617.81$36,438
Mar 20071,05470556.927.30$65,142
Feb 200756466255.108.22$36,515
Jan 200789574850.306.73$50,050
Dec 200689975856.656.92$56,173
Nov 200671463354.207.62$43,521
Oct 200670465654.906.01$42,595
Sep 200670778560.085.04$46,431
Aug 200681990068.717.34$62,879
Jul 200687997669.376.34$67,167
Jun 20061,06998866.286.38$77,161
May 200689897766.016.42$65,554
Apr 20061,08391764.397.36$76,484
Mar 200689184056.707.08$56,469
Feb 200672378457.597.75$47,714
Jan 200685087660.598.93$59,327
Dec 20051,05387354.9413.42$69,563
Nov 200589585054.6910.59$57,948
Oct 200581790558.3413.80$60,149
Sep 200588477861.4512.08$63,719
Aug 200587186361.519.80$62,030
Jul 200589791955.697.84$57,162
Jun 20051,06588752.337.38$62,278
May 200571699145.226.65$38,969
Apr 200591393849.207.36$51,824
Mar 20051,0741,01850.377.15$61,381
Feb 200588983145.226.31$45,446
Jan 200590986243.166.32$44,682
Dec 20041,00886239.866.75$45,998
Nov 200487891145.286.33$45,523
Oct 20049171,03649.706.52$52,325
Sep 20041,1101,05543.245.28$53,571
Aug 20041,3821,07942.375.55$64,545
Jul 20041,1161,05938.286.08$49,164
Jun 20041,26486836.106.43$51,214
May 20041,3121,08837.486.49$56,240
Apr 20041,1241,27134.475.86$46,190
Mar 20041,10084534.365.53$42,469
Feb 200493581432.455.51$34,826
Jan 20041,12485632.036.30$41,394
Dec 20031,12590930.266.30$39,771
Nov 20031,31792728.804.60$42,189
Oct 20031,1131,00928.174.76$36,156
Sep 20031,1321,00826.314.75$34,570
Aug 20031,6671,18129.765.13$55,668
Jul 20031,8541,28929.415.17$61,191
Jun 20039351,08728.565.98$33,207
May 20031,12490526.595.97$35,292
Apr 20031,30795626.675.41$40,027
Mar 20031,2961,00831.146.10$46,502
Feb 200393884333.487.93$38,086
Jan 20031,5081,00930.315.58$51,340
Dec 20021,46299426.914.85$44,167
Nov 20021,31894324.664.14$36,403
Oct 20021,3151,03226.464.23$39,159
Sep 20021,3091,07827.443.64$39,838
Aug 20021,2921,18725.963.16$37,296
Jul 20021,3941,15224.583.06$37,792
Jun 20021,4261,19123.733.34$37,815
May 20021,6231,29324.663.58$44,657
Apr 20021,3911,19823.653.51$37,105
Mar 20021,5431,28222.003.10$37,924
Feb 20021,4821,12418.222.38$29,672
Jan 20021,5321,31817.172.38$29,436
Dec 20011,6231,37416.932.36$30,726
Nov 20011,5851,31818.072.41$31,811
Oct 20011,7871,56919.782.53$39,315
Sep 20011,7131,36624.262.25$44,633
Aug 20011,7971,35424.873.05$48,825
Jul 20011,8341,35723.933.20$48,226
Jun 20011,8011,29424.563.82$49,181
May 20011,8321,36525.524.31$52,632
Apr 20012,0411,40624.685.34$57,873
Mar 20011,9531,44324.545.38$55,685
Feb 20012,1011,58727.755.77$67,455
Jan 20012,4621,52727.478.40$80,456
Dec 20001,6111,02426.889.12$52,645
Nov 20002,4411,72332.215.66$88,373
Oct 20002,7001,91431.235.15$94,169
Sep 20002,6341,77931.875.19$93,172
Aug 20002,7141,75529.644.54$88,412
Jul 20002,8652,04428.534.09$90,098
Jun 20002,8601,88429.304.40$92,082
May 20002,9061,95327.263.68$86,404
Apr 20003,2621,96224.513.12$86,065
Mar 20003,7302,04828.422.86$111,863
Feb 20003,5601,97327.622.73$103,707
Jan 20004,0252,10925.272.48$106,943
Dec 19993,7772,06124.282.42$96,701
Nov 19993,8232,26023.192.43$94,156
Oct 19994,2722,37520.982.80$96,285
Sep 19994,8732,78521.752.62$113,281
Aug 19994,9813,04019.262.88$104,676
Jul 19994,9993,01417.892.37$96,582
Jun 19994,9052,88315.942.36$84,996
May 19995,4773,11015.792.32$93,700
Apr 19995,7153,07915.102.21$93,095
Mar 19996,1933,36212.471.84$83,407
Feb 19995,6783,0209.981.82$62,156
Jan 19996,6563,41010.381.90$75,568
Dec 19986,6222,8809.201.77$66,030
Nov 19986,4943,90910.892.19$79,264
Oct 19987,5643,99712.421.97$101,816
Sep 19987,8183,80712.592.08$106,357
Aug 19988,6364,24511.301.91$105,684
Jul 19989,1184,49411.742.24$117,100
Jun 19988,8324,39211.242.24$109,098
May 199810,1254,84912.622.21$138,476
Apr 199810,0784,74713.042.51$143,310
Mar 199810,6014,56112.802.31$146,226
Feb 19989,2344,13013.952.30$138,310
Jan 199811,8206,53014.702.15$187,825
Dec 199710,9154,34916.322.41$188,619
Nov 199711,7375,19518.193.09$229,540
Oct 199711,9606,55419.253.15$250,874
Sep 199713,2956,70017.742.95$255,651
Aug 199713,2856,97017.862.55$255,077
Jul 199714,6347,48717.582.25$274,089
Jun 199714,7237,02917.242.26$269,690
May 199715,6706,04218.972.31$311,208
Apr 199714,1525,27617.882.08$264,027
Mar 199715,7625,45618.951.94$309,270
Feb 199714,1695,27820.492.21$301,966
Jan 199717,3905,71623.483.54$428,550
Dec 199617,0285,80323.32$397,093
Nov 199617,7486,12821.97$389,924
Oct 199619,3807,36723.31$451,748
Sep 199619,1627,19322.22$425,780
Aug 199619,1346,32620.26$387,655
Jul 199619,4296,65719.55$379,837
Jun 199621,0708,24718.73$394,641
May 199621,1196,99019.43$410,342
Apr 199620,0116,92621.51$430,437
Mar 199620,3627,75719.38$394,616
Feb 199617,7765,28116.98$301,836
Jan 199619,1596,51817.07$327,044
Dec 199519,0664,60017.19$327,745
Nov 199519,0095,45816.00$304,144
Oct 199519,7666,38115.43$304,989
Sep 199516,7435,12516.18$270,902
Aug 199515,7935,54715.92$251,425
Jul 199515,5984,92615.24$237,714
Jun 199519,6438,24416.41$322,342
May 199518,6925,34517.56$328,232
Apr 199519,1635,52917.73$339,760
Mar 199520,0645,46016.44$329,852
Feb 199518,1295,48216.58$300,579
Jan 199520,1755,88815.92$321,186
Dec 199420,0305,38815.03$301,051
Nov 199419,4516,23615.90$309,271
Oct 199420,6377,04815.58$321,524
Sep 199419,9706,21715.29$305,341
Aug 199420,7105,94416.13$334,052
Jul 199420,5426,60517.56$360,718
Jun 199420,9196,21717.09$357,506
May 199421,5096,75215.88$341,563
Apr 199420,8038,15714.14$294,154
Mar 199421,3155,85312.46$265,585
Feb 199419,3285,14712.50$241,600
Jan 199421,5017,05412.66$272,203
Dec 199321,2906,39112.33$262,506
Nov 199320,7376,23014.49$300,479
Oct 199321,6046,54115.85$342,423
Sep 199320,8506,60215.03$313,376
Aug 199321,6147,05015.66$338,475
Jul 199321,1046,14815.46$326,268
Jun 199320,5446,72716.79$344,934
May 199320,9645,16417.68$370,644
Apr 199319,2976,26518.05$348,311
Mar 199320,4525,48818.14$370,999
Feb 199318,1715,69817.90$325,261
Jan 199320,0624,04516.93$339,650

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                  480 bbl  × $106.41 =    $51,077
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $51,077

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/7928 is the state's own key, not one this site invented.