ELDER, J. S. -A-

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 7952District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$3.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$88 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
OilDisposition67,002 bbl$3,326,173
Casinghead gasProduction57,136 Mcf$187,511
Total$3,513,685

9,303 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 202600106.413.05$0
Apr 20261666498.932.87$16,606
Mar 20261537089.753.15$13,952
Feb 202606263.503.75$233
Jan 20261654059.138.00$10,076
Dec 202507656.664.41$335
Nov 20251417758.593.93$8,564
Oct 20251779559.383.30$10,824
Sep 202506662.743.08$203
Aug 20251737963.933.01$11,298
Jul 202507766.743.32$255
Jun 20252267366.483.13$15,253
May 2025917760.553.23$5,759
Apr 2025907362.363.54$5,871
Mar 2025011067.704.27$470
Feb 202515310470.884.34$11,296
Jan 2025011474.324.28$488
Dec 202415911368.993.12$11,322
Nov 202414811769.052.20$10,477
Oct 2024012171.372.28$276
Sep 202415011869.612.36$10,720
Aug 202415812375.632.06$12,203
Jul 2024012679.932.15$270
Jun 202416212678.082.63$12,981
May 2024012878.812.20$281
Apr 202415713984.451.66$13,489
Mar 202418716180.301.55$15,265
Feb 202402976.091.78$52
Jan 202417813873.023.30$13,453
Dec 202316112771.262.61$11,804
Nov 20230077.892.81$0
Oct 202317113685.443.09$15,030
Sep 202319113989.042.74$17,387
Aug 2023013780.522.67$366
Jul 202315914374.852.64$12,279
Jun 2023013668.962.26$307
May 202315813070.622.23$11,448
Apr 202319313878.122.24$15,386
Mar 2023013372.852.39$318
Feb 2023169075.112.47$12,694
Jan 202315711876.533.39$12,415
Dec 202217514176.415.73$14,180
Nov 2022013785.005.65$774
Oct 202215414387.185.86$14,264
Sep 202216214384.888.16$14,918
Aug 202215814794.529.13$16,276
Jul 20220154101.587.54$1,161
Jun 2022173137115.097.98$21,003
May 2022158132109.378.43$18,394
Apr 20220132104.226.84$903
Mar 2022159123108.885.08$17,936
Feb 202216810991.054.86$15,826
Jan 202215812981.844.54$13,516
Dec 202115013871.323.90$11,236
Nov 2021013177.435.24$686
Oct 202116315279.795.71$13,874
Sep 202115912269.865.35$11,761
Aug 202116411766.024.22$11,321
Jul 20210570.783.98$20
Jun 202118410069.493.38$13,124
May 2021011863.483.02$356
Apr 202116315060.362.76$10,252
Mar 202132817861.302.72$20,590
Feb 2021015357.805.55$849
Jan 202115217350.412.81$8,149
Dec 202014516544.642.68$6,914
Nov 2020017438.772.71$471
Oct 202015418236.972.48$6,144
Sep 202017218537.091.99$6,748
Aug 202017319139.982.39$7,372
Jul 202016819938.371.83$6,809
Jun 202017419834.901.69$6,407
May 202016616716.921.81$3,112
Apr 202015117214.751.80$2,538
Mar 202016518430.341.86$5,348
Feb 202032018449.881.98$16,326
Jan 202031319257.252.09$18,321
Dec 201948921359.012.30$29,347
Nov 201908355.302.75$228
Oct 2019015353.472.42$370
Sep 20190355.052.66$8
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019142046.033.23$6,536
Dec 2018152046.594.19$7,082
Nov 20180052.934.24$0
Oct 201813722461.443.40$9,178
Sep 201816522459.543.11$10,520
Aug 201815224759.403.07$9,786
Jul 201811927065.142.93$8,543
Jun 201815630860.183.08$10,336
May 201829930665.382.90$20,436
Apr 201814825463.842.90$10,185
Mar 201815524461.222.79$10,169
Feb 201813620361.782.77$8,964
Jan 201830610862.874.01$19,671
Dec 201717117457.272.92$10,302
Nov 201716918755.423.12$9,949
Oct 201717521549.292.98$9,267
Sep 201714018547.523.09$7,224
Aug 201730821745.373.00$14,626
Jul 201715323143.873.09$7,425
Jun 201717020642.493.09$7,859
May 201732320145.373.26$15,310
Apr 201714219347.933.21$7,426
Mar 201715019546.772.98$7,597
Feb 201725816650.452.95$13,506
Jan 201717918149.413.42$9,463
Dec 201616518448.763.72$8,730
Nov 201629017942.492.64$12,795
Oct 201616921746.193.09$8,477
Sep 201616121641.553.10$7,359
Aug 201617519841.442.92$7,831
Jul 201634120441.622.92$14,789
Jun 201617722745.352.69$8,637
May 201615822942.521.99$7,174
Apr 201617722536.561.99$6,919
Mar 201630022333.011.79$10,303
Feb 201614220326.472.06$4,178
Jan 201628319927.352.36$8,211
Dec 201516621932.362.00$5,810
Nov 201516419038.792.17$6,773
Oct 201529622143.552.43$13,427
Sep 201515724342.992.76$7,420
Aug 201516524640.162.87$7,333
Jul 201529326048.152.95$14,874
Jun 201513917756.152.88$8,315
May 201530021755.212.96$17,204
Apr 201516421249.822.71$8,744
Mar 20152769542.892.93$12,116
Feb 201517017544.662.98$8,113
Jan 20151696643.433.10$7,544
Dec 20141768354.693.59$9,924
Nov 201432119070.464.25$23,426
Oct 201414720678.303.90$12,314
Sep 201424024586.164.05$21,670
Aug 201413523489.394.04$13,012
Jul 201431119296.564.18$30,833
Jun 201414919998.164.74$15,568
May 201423919694.734.73$23,567
Apr 201415119895.944.81$15,439
Mar 201425621295.895.06$25,620
Feb 201432717797.406.19$32,946
Jan 2014015590.404.86$753
Dec 201331314191.824.35$29,354
Nov 201317315588.853.74$15,950
Oct 201318015397.423.78$18,114
Sep 2013175193104.113.72$18,937
Aug 2013172199104.253.52$18,632
Jul 201315091102.523.72$15,716
Jun 201315623994.403.93$15,666
May 201334817694.834.15$33,731
Apr 201318050893.964.28$19,088
Mar 201317423493.623.91$17,205
Feb 201331218991.233.42$29,110
Jan 2013020991.603.42$715
Dec 201233921486.773.42$30,147
Nov 201218620886.953.62$16,927
Oct 201235225189.383.40$32,315
Sep 201218323694.672.92$18,013
Aug 201217323192.662.91$16,702
Jul 201234021885.133.02$29,603
Jun 201217525879.822.52$14,618
May 201234125091.612.49$31,861
Apr 2012183182101.652.00$18,965
Mar 2012351186105.052.22$37,286
Feb 2012171161101.102.57$17,702
Jan 201218617598.092.73$18,723
Dec 201118615196.873.24$18,507
Nov 201132616095.723.31$31,735
Oct 201119023584.983.65$17,004
Sep 201164725483.623.99$55,115
Aug 20111729083.404.15$14,718
Jul 2011898194.144.52$8,744
Jun 201107292.904.64$334
May 20111337198.134.40$13,364
Apr 2011072105.964.33$312
Mar 20111227396.364.06$12,052
Feb 20111305285.644.18$11,351
Jan 201105986.504.59$271
Dec 20101686285.734.35$14,672
Nov 20101546180.843.80$12,681
Oct 201007278.103.51$253
Sep 20101406872.633.98$10,439
Aug 201008273.684.42$362
Jul 20101727872.554.74$12,848
Jun 201008570.364.91$417
May 20101648471.124.24$12,019
Apr 20101697781.694.12$14,123
Mar 201007978.394.39$347
Feb 201005473.585.44$294
Jan 20101768074.365.96$13,564
Dec 200907571.445.48$411
Nov 20091675774.593.75$12,670
Oct 200902672.544.11$107
Sep 20091525665.543.06$10,134
Aug 20091684967.423.22$11,484
Jul 200904061.133.46$139
Jun 20091715866.163.90$11,539
May 200902054.743.93$79
Apr 20091714346.773.59$8,152
Mar 2009174042.144.06$7,332
Feb 200904132.814.63$190
Jan 20090135.865.37$5
Dec 20080737.105.98$42
Nov 20081813555.496.86$10,284
Oct 200803775.246.92$256
Sep 200816528101.767.88$17,011
Aug 2008048114.228.48$407
Jul 200817915131.0811.39$23,634
Jun 200803131.3313.03$39
May 200817016123.1711.57$21,124
Apr 200818383110.3110.45$21,054
Mar 2008172148101.909.66$18,957
Feb 200817912992.538.77$17,694
Jan 200818915990.388.21$18,387
Dec 200718513988.337.30$17,356
Nov 200717912791.677.29$17,335
Oct 200718216782.856.92$16,235
Sep 200718814475.846.24$15,157
Aug 200717015569.066.39$12,730
Jul 200718711370.906.39$13,980
Jun 2007333462.007.55$20,676
May 200733813758.747.85$20,929
Apr 200716615859.617.81$11,128
Mar 200734918056.927.30$21,179
Feb 20071759355.108.22$10,407
Jan 2007181050.306.73$9,104
Dec 20061821756.656.92$10,428
Nov 20063363454.207.62$18,470
Oct 20063439654.906.01$19,408
Sep 200634914060.085.04$21,673
Aug 200617116968.717.34$12,990
Jul 200601769.376.34$108
Jun 20061646266.286.38$11,266
May 200636110166.016.42$24,479
Apr 200617511064.397.36$12,078
Mar 200618913456.707.08$11,665
Feb 20062666057.597.75$15,784
Jan 200627410860.598.93$17,566
Dec 200517111354.9413.42$10,911
Nov 200528313654.6910.59$16,917
Oct 20051713858.3413.80$10,500
Sep 200530012561.4512.08$19,945
Aug 200517817661.519.80$12,673
Jul 200522613655.697.84$13,653
Jun 200534113152.337.38$18,811
May 200517919245.226.65$9,371
Apr 200537018449.207.36$19,558
Mar 200537626450.377.15$20,828
Feb 20055249445.226.31$24,289
Jan 200508343.166.32$525
Dec 20041868339.866.75$7,974
Nov 200408345.286.33$525
Oct 200408249.706.52$534
Sep 20041818443.245.28$8,270
Aug 200408442.375.55$466
Jul 20041867938.286.08$7,601
Jun 200408836.106.43$566
May 20041808637.486.49$7,305
Apr 2004010034.475.86$586
Mar 20041607834.365.53$5,929
Feb 2004497732.455.51$2,014
Jan 20041717732.036.30$5,962
Dec 20031597530.266.30$5,284
Nov 200303928.804.60$179
Oct 20031768528.174.76$5,362
Sep 2003011926.314.75$565
Aug 20031795429.765.13$5,604
Jul 20031809129.415.17$5,764
Jun 200308928.565.98$532
May 200318711526.595.97$5,659
Apr 20031787026.675.41$5,126
Mar 200308231.146.10$500
Feb 20031829033.487.93$6,807
Jan 200309430.315.58$525
Dec 200216012026.914.85$4,888
Nov 200236611724.664.14$9,510
Oct 2002011426.464.23$482
Sep 2002010627.443.64$385
Aug 2002012325.963.16$389
Jul 200218211324.583.06$4,820
Jun 200207123.733.34$237
May 20021718224.663.58$4,511
Apr 200215615123.653.51$4,220
Mar 200216114922.003.10$4,004
Feb 200220014818.222.38$3,996
Jan 200235815517.172.38$6,515
Dec 200116413416.932.36$3,093
Nov 200119216718.072.41$3,871
Oct 200134616519.782.53$7,261
Sep 200122116624.262.25$5,735
Aug 200133117124.873.05$8,754
Jul 200118315923.933.20$4,888
Jun 200131816824.563.82$8,453
May 200134318725.524.31$9,559
Apr 200117912124.685.34$5,063
Mar 200132619524.545.38$9,048
Feb 200129721727.755.77$9,493
Jan 2001022427.478.40$1,881
Dec 200018321526.889.12$6,880
Nov 200016621232.215.66$6,546
Oct 200033124231.235.15$11,582
Sep 200018518931.875.19$6,876
Aug 200018520629.644.54$6,419
Jul 200049717928.534.09$14,911
Jun 200020018129.304.40$6,656
May 200051117027.263.68$14,555
Apr 2000018724.513.12$583
Mar 200011018628.422.86$3,658
Feb 20007313827.622.73$2,393
Jan 200024519125.272.48$6,665
Dec 199925919124.282.42$6,751
Nov 199918523723.192.43$4,867
Oct 199916714520.982.80$3,910
Sep 199916333021.752.62$4,409
Aug 199918333519.262.88$4,488
Jul 199929632517.892.37$6,066
Jun 199910730615.942.36$2,428
May 199918130915.792.32$3,575
Apr 199936128015.102.21$6,069
Mar 1999022112.471.84$406
Feb 19993031889.981.82$3,366
Jan 199915520410.381.90$1,996
Dec 19981781759.201.77$1,948
Nov 199818212910.892.19$2,264
Oct 199823818112.421.97$3,312
Sep 199818210212.592.08$2,504
Aug 19981809711.301.91$2,219
Jul 199817410711.742.24$2,282
Jun 19982838811.242.24$3,378
May 19981778812.622.21$2,428
Apr 19981838813.042.51$2,607
Mar 19981818812.802.31$2,520
Feb 19981828813.952.30$2,741
Jan 19983578814.702.15$5,438
Dec 199708916.322.41$215
Nov 19971788718.193.09$3,507
Oct 19973519119.253.15$7,043
Sep 19971758417.742.95$3,353
Aug 19971759917.862.55$3,378
Jul 19971837017.582.25$3,374
Jun 199718712917.242.26$3,515
May 199717615718.972.31$3,701
Apr 199719213317.882.08$3,710
Mar 19971759918.951.94$3,508
Feb 199719212020.492.21$4,199
Jan 199734514923.483.54$8,628
Dec 1996012823.32$0
Nov 19961588121.97$3,471
Oct 199618610023.31$4,336
Sep 199619514622.22$4,333
Aug 199630219520.26$6,119
Jul 199618917219.55$3,695
Jun 199617313518.73$3,240
May 199616712719.43$3,245
Apr 199631211321.51$6,711
Mar 199618612919.38$3,605
Feb 199618211916.98$3,090
Jan 199616617817.07$2,834
Dec 199518815817.19$3,232
Nov 199518714416.00$2,992
Oct 199516719015.43$2,577
Sep 199521014316.18$3,398
Aug 199514913815.92$2,372
Jul 199526315715.24$4,008
Jun 199517615816.41$2,888
May 199519218617.56$3,372
Apr 199517814417.73$3,156
Mar 199519018216.44$3,124
Feb 199519315816.58$3,200
Jan 199518916415.92$3,009
Dec 199417416215.03$2,615
Nov 199418213215.90$2,894
Oct 199417215315.58$2,680
Sep 199417417715.29$2,660
Aug 199422720116.13$3,662
Jul 199416817117.56$2,950
Jun 199428224817.09$4,819
May 199418024415.88$2,858
Apr 199418524314.14$2,616
Mar 199418124412.46$2,255
Feb 199418127112.50$2,263
Jan 199418825212.66$2,380
Dec 199319128612.33$2,355
Nov 199318239314.49$2,637
Oct 199318327115.85$2,901
Sep 199329126915.03$4,374
Aug 199318330615.66$2,866
Jul 199318930615.46$2,922
Jun 199318127816.79$3,039
May 199318428717.68$3,253
Apr 199318924918.05$3,411
Mar 199316725518.14$3,029
Feb 199319521917.90$3,491
Jan 199319614116.93$3,318

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.

Apr 2026 — as filed, then multipliedworked
Oil                  166 bbl  × $ 98.93 =    $16,422
Casinghead gas        64 Mcf  × $  2.87 =       $184

────────────────────────────────────────────────────
Month total                                  $16,606

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/7952 is the state's own key, not one this site invented.