BATES, P. M.

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 7931District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$3.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$105 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
OilDisposition55,928 bbl$2,942,357
Casinghead gasProduction30,189 Mcf$91,779
Total$3,034,136

6,907 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 202614510106.413.05$15,460
Apr 20261518998.932.87$15,194
Mar 202606789.753.15$211
Feb 20261587363.503.75$10,307
Jan 202608659.138.00$688
Dec 20251438256.664.41$8,464
Nov 20251596258.593.93$9,559
Oct 20251428959.383.30$8,726
Sep 202514411462.743.08$9,385
Aug 202511912963.933.01$7,997
Jul 20251599966.743.32$10,940
Jun 20251265266.483.13$8,539
May 202503160.553.23$100
Apr 20251424762.363.54$9,022
Mar 20251405067.704.27$9,691
Feb 20251464570.884.34$10,544
Jan 2025905174.324.28$6,907
Dec 20241477368.993.12$10,369
Nov 20241685769.052.20$11,726
Oct 20241156971.372.28$8,365
Sep 20242363369.612.36$16,506
Aug 202404475.632.06$91
Jul 20242425379.932.15$19,457
Jun 202404078.082.63$105
May 20241325378.812.20$10,519
Apr 20241373084.451.66$11,619
Mar 20242452280.301.55$19,707
Feb 2024140076.091.78$10,653
Jan 20241364473.023.30$10,076
Dec 20231316571.262.61$9,505
Nov 20231616177.892.81$12,712
Oct 202306185.443.09$188
Sep 20231267189.042.74$11,413
Aug 20231459580.522.67$11,929
Jul 20231388374.852.64$10,549
Jun 202312511668.962.26$8,882
May 202313310570.622.23$9,626
Apr 20231118578.122.24$8,862
Mar 20231272872.852.39$9,319
Feb 2023113075.112.47$8,487
Jan 20231164676.533.39$9,033
Dec 20221693376.415.73$13,102
Nov 20221314085.005.65$11,361
Oct 20221296287.185.86$11,610
Sep 202206784.888.16$547
Aug 20221373194.529.13$13,232
Jul 202213840101.587.54$14,320
Jun 202213327115.097.98$15,522
May 202214891109.378.43$16,954
Apr 2022091104.226.84$622
Mar 202212135108.885.08$13,352
Feb 20221247091.054.86$11,630
Jan 20221459881.844.54$12,311
Dec 202114618371.323.90$11,126
Nov 20211694577.435.24$13,321
Oct 20211664379.795.71$13,491
Sep 202103569.865.35$187
Aug 20211565766.024.22$10,540
Jul 20211648270.783.98$11,934
Jun 20211465369.493.38$10,325
May 2021015963.483.02$480
Apr 202114212160.362.76$8,905
Mar 20211493161.302.72$9,218
Feb 202102757.805.55$150
Jan 20211617150.412.81$8,316
Dec 20201358344.642.68$6,248
Nov 202011718938.772.71$5,048
Oct 20201566636.972.48$5,931
Sep 20201324937.091.99$4,993
Aug 20201414539.982.39$5,745
Jul 202005238.371.83$95
Jun 20201515734.901.69$5,366
May 20201384616.921.81$2,418
Apr 2020011614.751.80$209
Mar 202016913130.341.86$5,371
Feb 202017113049.881.98$8,787
Jan 202009257.252.09$193
Dec 201917810259.012.30$10,739
Nov 20191768355.302.75$9,961
Oct 20191578053.472.42$8,588
Sep 201908455.052.66$223
Aug 20191639453.112.30$8,874
Jul 201916712056.272.46$9,692
Jun 20191618952.782.49$8,719
May 201908758.482.74$238
Apr 20191677562.632.75$10,666
Mar 20191718156.803.06$9,961
Feb 201907650.852.79$212
Jan 20191678846.033.23$7,971
Dec 20181695046.594.19$8,083
Nov 20180852.934.24$34
Oct 2018174061.443.40$10,691
Sep 2018177059.543.11$10,539
Aug 2018154059.403.07$9,148
Jul 2018167265.142.93$10,884
Jun 20180160.183.08$3
May 20181744165.382.90$11,495
Apr 20181812263.842.90$11,619
Mar 201817219761.222.79$11,079
Feb 201817414561.782.77$11,151
Jan 201818413962.874.01$12,125
Dec 2017016857.272.92$491
Nov 20171792755.423.12$10,004
Oct 201716811649.292.98$8,627
Sep 201717417647.523.09$8,812
Aug 201718619245.373.00$9,016
Jul 20171706143.873.09$7,646
Jun 201708042.493.09$247
May 201715914245.373.26$7,677
Apr 20171708747.933.21$8,428
Mar 201716021946.772.98$8,137
Feb 201716011850.452.95$8,420
Jan 20171697749.413.42$8,614
Dec 201616811048.763.72$8,601
Nov 201616112842.492.64$7,179
Oct 201616312946.193.09$7,928
Sep 20161677541.553.10$7,171
Aug 201617310541.442.92$7,476
Jul 20161479441.622.92$6,393
Jun 201615612145.352.69$7,400
May 201617412842.521.99$7,653
Apr 201615315236.561.99$5,896
Mar 201631114533.011.79$10,526
Feb 201618719526.472.06$5,352
Jan 20162048527.352.36$5,780
Dec 20151764932.362.00$5,793
Nov 20151514638.792.17$5,957
Oct 20151684543.552.43$7,426
Sep 20153447042.992.76$14,982
Aug 201518810740.162.87$7,857
Jul 20153418148.152.95$16,658
Jun 201517416256.152.88$10,237
May 20151748955.212.96$9,870
Apr 201515020349.822.71$8,022
Mar 201518315942.892.93$8,315
Feb 201536416844.662.98$16,756
Jan 201516012843.433.10$7,346
Dec 20141889654.693.59$10,626
Nov 201418511370.464.25$13,516
Oct 20143658478.303.90$28,907
Sep 20141858386.164.05$16,275
Aug 20143399789.394.04$30,695
Jul 20141725896.564.18$16,851
Jun 201417914298.164.74$18,243
May 201418715394.734.73$18,438
Apr 201417815495.944.81$17,818
Mar 201418616595.895.06$18,670
Feb 201437413197.406.19$37,239
Jan 2014011090.404.86$535
Dec 201336911391.824.35$34,374
Nov 201318511788.853.74$16,875
Oct 201318712197.423.78$18,675
Sep 2013367116104.113.72$38,640
Aug 2013188106104.253.52$19,972
Jul 201318892102.523.72$19,616
Jun 20131877194.403.93$17,932
May 20131856294.834.15$17,801
Apr 20131877293.964.28$17,879
Mar 20131848793.623.91$17,567
Feb 20131888391.233.42$17,435
Jan 20133598191.603.42$33,161
Dec 201218511586.773.42$16,446
Nov 201218312986.953.62$16,379
Oct 201218614989.383.40$17,131
Sep 201235614494.672.92$34,123
Aug 201237410492.662.91$34,957
Jul 201218811185.133.02$16,340
Jun 201236510579.822.52$29,399
May 201218510691.612.49$17,212
Apr 201215691101.652.00$16,039
Mar 201232884105.052.22$34,643
Feb 2012092101.102.57$236
Jan 20121819698.092.73$18,017
Dec 20111729796.873.24$16,976
Nov 20111849795.723.31$17,934
Oct 201116610384.983.65$14,482
Sep 20111629383.623.99$13,917
Aug 2011010183.404.15$419
Jul 201115911294.144.52$15,474
Jun 20111685492.904.64$15,858
May 20111773898.134.40$17,536
Apr 2011177122105.964.33$19,284
Mar 2011012896.364.06$519
Feb 20111925085.644.18$16,652
Jan 20111804286.504.59$15,763
Dec 20101607185.734.35$14,025
Nov 201007780.843.80$292
Oct 20101849578.103.51$14,704
Sep 20101706772.633.98$12,614
Aug 201008373.684.42$367
Jul 20101539472.554.74$11,545
Jun 20101797170.364.91$12,943
May 201005571.124.24$233
Apr 20101816881.694.12$15,066
Mar 201017510678.394.39$14,183
Feb 201008873.585.44$479
Jan 20101844874.365.96$13,969
Dec 20091824571.445.48$13,249
Nov 200905374.593.75$199
Oct 20091764172.544.11$12,936
Sep 20091742065.543.06$11,465
Aug 200902867.423.22$90
Jul 20091786561.133.46$11,106
Jun 20091785366.163.90$11,983
May 200904854.743.93$188
Apr 2009167246.773.59$7,818
Mar 20091831642.144.06$7,777
Feb 20091782032.814.63$5,933
Jan 200904435.865.37$236
Dec 20081815837.105.98$7,062
Nov 200807555.496.86$515
Oct 20081607775.246.92$12,571
Sep 2008078101.767.88$614
Aug 200816793114.228.48$19,864
Jul 200818194131.0811.39$24,796
Jun 2008083131.3313.03$1,082
May 2008170107123.1711.57$22,177
Apr 200800110.3110.45$0
Mar 200814690101.909.66$15,747
Feb 2008181892.538.77$16,818
Jan 20081823390.388.21$16,720
Dec 200704788.337.30$343
Nov 200707591.677.29$547
Oct 200711212382.856.92$10,131
Sep 200715812275.846.24$12,745
Aug 200717710069.066.39$12,862
Jul 2007013670.906.39$869
Jun 200715315062.007.55$10,618
May 200718915358.747.85$12,302
Apr 200709359.617.81$726
Mar 200718310956.927.30$11,212
Feb 200718711655.108.22$11,257
Jan 2007010950.306.73$733
Dec 200606656.656.92$457
Nov 20061293554.207.62$7,258
Oct 200693054.906.01$5,106
Sep 200614010560.085.04$8,940
Aug 200669068.717.34$4,741
Jul 20061595369.376.34$11,366
Jun 2006617666.286.38$4,528
May 2006162066.016.42$10,694
Apr 20061713664.397.36$11,276
Mar 200608856.707.08$623
Feb 20061595657.597.75$9,591
Jan 20060060.598.93$0
Dec 2005113054.9413.42$6,208
Nov 2005130054.6910.59$7,110
Oct 2005167058.3413.80$9,743
Sep 2005160061.4512.08$9,832
Aug 20050061.519.80$0
Jul 2005169055.697.84$9,412
Jun 20050052.337.38$0
May 2005101045.226.65$4,567
Apr 2005126049.207.36$6,199
Mar 2005130050.377.15$6,548
Feb 2005176045.226.31$7,959
Jan 2005182043.166.32$7,855
Dec 20040239.866.75$14
Nov 200402445.286.33$152
Oct 20041311749.706.52$6,621
Sep 20041891443.245.28$8,246
Aug 200401842.375.55$100
Jul 2004842338.286.08$3,355
Jun 20041431536.106.43$5,259
May 20041871637.486.49$7,113
Apr 200402334.475.86$135
Mar 20041922534.365.53$6,735
Feb 200403632.455.51$198
Jan 20041507432.036.30$5,271
Dec 20031507130.266.30$4,986
Nov 200305128.804.60$234
Oct 20031886228.174.76$5,591
Sep 200305926.314.75$280
Aug 20031287229.765.13$4,179
Jul 2003807129.415.17$2,720
Jun 20031265228.565.98$3,910
May 20031027026.595.97$3,130
Apr 20031616026.675.41$4,618
Mar 20031652731.146.10$5,303
Feb 200302133.487.93$166
Jan 20031602730.315.58$5,000
Dec 200203226.914.85$155
Nov 20021522824.664.14$3,864
Oct 20021653226.464.23$4,501
Sep 200202027.443.64$73
Aug 2002173025.963.16$4,491
Jul 20020024.583.06$0
Jun 2002160023.733.34$3,797
May 2002161024.663.58$3,970
Apr 20020023.653.51$0
Mar 2002171022.003.10$3,762
Feb 20020018.222.38$0
Jan 2002134617.172.38$2,315
Dec 20011372516.932.36$2,379
Nov 20011672618.072.41$3,080
Oct 200103319.782.53$83
Sep 20011723424.262.25$4,249
Aug 200103824.873.05$116
Jul 20011713423.933.20$4,201
Jun 200102724.563.82$103
May 200102925.524.31$125
Apr 2001154024.685.34$3,801
Mar 200102724.545.38$145
Feb 20011642727.755.77$4,707
Jan 20011611827.478.40$4,574
Dec 200001826.889.12$164
Nov 200002932.215.66$164
Oct 20001743131.235.15$5,594
Sep 20001833831.875.19$6,029
Aug 200004829.644.54$218
Jul 20001914728.534.09$5,641
Jun 200003129.304.40$136
May 20001902227.263.68$5,260
Apr 200001924.513.12$59
Mar 20001681828.422.86$4,826
Feb 20001932127.622.73$5,388
Jan 200003125.272.48$77
Dec 19991911324.282.42$4,669
Nov 199903023.192.43$73
Oct 19993773920.982.80$8,019
Sep 199905221.752.62$136
Aug 199905519.262.88$158
Jul 19991764017.892.37$3,244
Jun 19993753715.942.36$6,065
May 199902615.792.32$60
Apr 199902615.102.21$57
Mar 199902512.471.84$46
Feb 1999185279.981.82$1,895
Jan 199902910.381.90$55
Dec 1998174229.201.77$1,640
Nov 1998152010.892.19$1,655
Oct 1998191012.421.97$2,372
Sep 1998010412.592.08$217
Aug 199818810311.301.91$2,321
Jul 199807211.742.24$161
Jun 1998169011.242.24$1,900
May 1998187012.622.21$2,360
Apr 1998191013.042.51$2,491
Mar 19981707912.802.31$2,358
Feb 19980013.952.30$0
Jan 1998374014.702.15$5,498
Dec 1997188016.322.41$3,068
Nov 19970018.193.09$0
Oct 19971787719.253.15$3,669
Sep 1997238017.742.95$4,222
Aug 199734612517.862.55$6,499
Jul 199712111417.582.25$2,383
Jun 199719410617.242.26$3,584
May 199713614218.972.31$2,908
Apr 199714114017.882.08$2,813
Mar 19971466218.951.94$2,887
Feb 19971408720.492.21$3,061
Jan 1997215023.483.54$5,048
Dec 199612218023.32$2,845
Nov 199614614421.97$3,208
Oct 199624513523.31$5,711
Sep 199613616722.22$3,022
Aug 199614017120.26$2,836
Jul 199618415719.55$3,597
Jun 199614213718.73$2,660
May 199613415519.43$2,604
Apr 199637014821.51$7,959
Mar 199613716019.38$2,655
Feb 199622910016.98$3,888
Jan 199614813217.07$2,526
Dec 199512012517.19$2,063
Nov 199514315516.00$2,288
Oct 199529016115.43$4,475
Sep 199511216316.18$1,812
Aug 199513117115.92$2,086
Jul 199519718615.24$3,002
Jun 199513616716.41$2,232
May 199523217317.56$4,074
Apr 199512517217.73$2,216
Mar 199526814016.44$4,406
Feb 19959713716.58$1,608
Jan 199521914715.92$3,486
Dec 199424615915.03$3,697
Nov 199413014415.90$2,067
Oct 1994206115.58$3,209
Sep 199413214415.29$2,018
Aug 199413914416.13$2,242
Jul 199422112817.56$3,881
Jun 19941298017.09$2,205
May 199421813115.88$3,462
Apr 199412214714.14$1,725
Mar 199413311912.46$1,657
Feb 199413012012.50$1,625
Jan 199426312312.66$3,330
Dec 199322615312.33$2,787
Nov 1993011114.49$0
Oct 199322017615.85$3,487
Sep 1993266115.03$3,998
Aug 199326018815.66$4,072
Jul 199326717815.46$4,128
Jun 199313014716.79$2,183
May 199312516717.68$2,210
Apr 199323317418.05$4,206
Mar 199324318118.14$4,408
Feb 199313414817.90$2,399
Jan 199323316016.93$3,945

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                  145 bbl  × $106.41 =    $15,429
Casinghead gas        10 Mcf  × $  3.05 =        $30

────────────────────────────────────────────────────
Month total                                  $15,460

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/7931 is the state's own key, not one this site invented.