LAIRD, B. F. -B-

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 7974District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$3.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$221 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
OilDisposition59,203 bbl$3,220,768
Casinghead gasProduction66,778 Mcf$275,421
Total$3,496,189

4,968 Mcf of this lease's gas, across 47 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 20263150106.413.05$33,519
Apr 202626614398.932.87$26,726
Mar 202634317989.753.15$31,348
Feb 20261639263.503.75$10,696
Jan 20261823159.138.00$11,010
Dec 202534113056.664.41$19,895
Nov 202517913958.593.93$11,033
Oct 202524711059.383.30$15,030
Sep 20251639962.743.08$10,531
Aug 202523913563.933.01$15,686
Jul 202524817266.743.32$17,122
Jun 202526816566.483.13$18,333
May 202517115660.553.23$10,858
Apr 202518317462.363.54$12,028
Mar 202513522567.704.27$10,100
Feb 202533217670.884.34$24,296
Jan 20251633174.324.28$12,247
Dec 20243135768.993.12$21,772
Nov 20241554269.052.20$10,795
Oct 20242976671.372.28$21,347
Sep 20241529669.612.36$10,808
Aug 202416015075.632.06$12,410
Jul 202415818179.932.15$13,017
Jun 202431413078.082.63$24,860
May 202415114578.812.20$12,219
Apr 202416417784.451.66$14,143
Mar 202429325680.301.55$23,923
Feb 202417124076.091.78$13,439
Jan 202416925273.023.30$13,171
Dec 202315827671.262.61$11,980
Nov 2023172077.892.81$13,397
Oct 202331226585.443.09$27,475
Sep 202316120389.042.74$14,891
Aug 202316926480.522.67$14,314
Jul 202316626174.852.64$13,115
Jun 202316124468.962.26$11,654
May 202317122070.622.23$12,566
Apr 202315324178.122.24$12,492
Mar 202315930172.852.39$12,303
Feb 2023141075.112.47$10,591
Jan 2023013576.533.39$457
Dec 202216515676.415.73$13,501
Nov 202216022785.005.65$14,882
Oct 202216638187.185.86$16,706
Sep 202216227884.888.16$16,020
Aug 202215325994.529.13$16,825
Jul 2022172211101.587.54$19,063
Jun 2022164197115.097.98$20,446
May 2022325203109.378.43$37,257
Apr 2022171203104.226.84$19,210
Mar 20220217108.885.08$1,102
Feb 202217517791.054.86$16,794
Jan 202225619881.844.54$21,850
Dec 202114519571.323.90$11,102
Nov 2021018777.435.24$979
Oct 202116120179.795.71$13,995
Sep 202114614969.865.35$10,997
Aug 202116620966.024.22$11,841
Jul 202118122270.783.98$13,695
Jun 202117232269.493.38$13,041
May 202115748063.483.02$11,415
Apr 202117159160.362.76$11,952
Mar 202116260261.302.72$11,566
Feb 2021031157.805.55$1,725
Jan 202132620850.412.81$17,018
Dec 202016322744.642.68$7,884
Nov 202016419238.772.71$6,878
Oct 202017421736.972.48$6,971
Sep 202016224737.091.99$6,500
Aug 202015523239.982.39$6,750
Jul 2020028538.371.83$520
Jun 202016420734.901.69$6,073
May 202015124816.921.81$3,005
Apr 202029426814.751.80$4,820
Mar 202015811330.341.86$5,003
Feb 202015112049.881.98$7,770
Jan 202031912957.252.09$18,533
Dec 201915711159.012.30$9,520
Nov 201915512655.302.75$8,918
Oct 201916012453.472.42$8,855
Sep 201931913055.052.66$17,906
Aug 201913913753.112.30$7,698
Jul 201915111356.272.46$8,775
Jun 2019153052.782.49$8,075
May 2019297058.482.74$17,369
Apr 2019153062.632.75$9,582
Mar 2019175056.803.06$9,940
Feb 2019268050.852.79$13,628
Jan 201914020146.033.23$7,093
Dec 2018271046.594.19$12,626
Nov 2018143052.934.24$7,569
Oct 201814422561.443.40$9,612
Sep 201828622559.543.11$17,728
Aug 201813923659.403.07$8,980
Jul 201827724665.142.93$18,765
Jun 201815133560.183.08$10,118
May 201828529765.382.90$19,495
Apr 201815220563.842.90$10,298
Mar 201830919461.222.79$19,458
Feb 201814718261.782.77$9,585
Jan 201815418462.874.01$10,420
Dec 201715319957.272.92$9,344
Nov 201728520555.423.12$16,434
Oct 201714722249.292.98$7,908
Sep 201729520847.523.09$14,661
Aug 201715219345.373.00$7,476
Jul 201727718643.873.09$12,726
Jun 201714817142.493.09$6,816
May 201715617545.373.26$7,649
Apr 201729114147.933.21$14,400
Mar 201714814646.772.98$7,358
Feb 201714011050.452.95$7,388
Jan 201714211849.413.42$7,420
Dec 201613114848.763.72$6,939
Nov 201615713542.492.64$7,028
Oct 201612515746.193.09$6,259
Sep 201626815741.553.10$11,622
Aug 201613616841.442.92$6,127
Jul 201613516741.622.92$6,107
Jun 201626417645.352.69$12,445
May 201612519342.521.99$5,699
Apr 201616318536.561.99$6,328
Mar 201628819033.011.79$9,848
Feb 201614415626.472.06$4,134
Jan 201612915927.352.36$3,904
Dec 201525712932.362.00$8,575
Nov 201515613238.792.17$6,337
Oct 201512312443.552.43$5,658
Sep 201513213542.992.76$6,047
Aug 201512613240.162.87$5,439
Jul 201524914348.152.95$12,411
Jun 201513213556.152.88$7,801
May 201514010155.212.96$8,028
Apr 201514012649.822.71$7,316
Mar 201513716342.892.93$6,354
Feb 20151309944.662.98$6,100
Jan 201510410743.433.10$4,848
Dec 201426514554.693.59$15,014
Nov 201413814370.464.25$10,331
Oct 201412814078.303.90$10,569
Sep 2014726586.164.05$6,466
Aug 201411616189.394.04$11,019
Jul 201427119796.564.18$26,991
Jun 201415217898.164.74$15,763
May 201411912894.734.73$11,878
Apr 201413719495.944.81$14,077
Mar 201413623095.895.06$14,204
Feb 201430016597.406.19$30,242
Jan 201412518390.404.86$12,190
Dec 201311715491.824.35$11,414
Nov 201328318388.853.74$25,829
Oct 201313817597.423.78$14,105
Sep 2013152152104.113.72$16,390
Aug 2013222139104.253.52$23,633
Jul 2013140137102.523.72$14,862
Jun 20131419194.403.93$13,668
May 20131369694.834.15$13,295
Apr 201314916893.964.28$14,720
Mar 20131519993.623.91$14,524
Feb 20131358191.233.42$12,593
Jan 201315911391.603.42$14,951
Dec 20121325586.773.42$11,642
Nov 20121518486.953.62$13,434
Oct 20121508189.383.40$13,682
Sep 20121559894.672.92$14,960
Aug 20121388392.662.91$13,028
Jul 2012855485.133.02$7,399
Jun 201214310379.822.52$11,674
May 20121709591.612.49$15,810
Apr 2012238119101.652.00$24,430
Mar 201213275105.052.22$14,033
Feb 201217456101.102.57$17,735
Jan 20121177698.092.73$11,684
Dec 20111654996.873.24$16,142
Nov 20111526195.723.31$14,751
Oct 201106984.983.65$252
Sep 201127411383.623.99$23,362
Aug 201115210283.404.15$13,100
Jul 201114515694.144.52$14,355
Jun 201115514492.904.64$15,068
May 201114014098.134.40$14,355
Apr 2011282132105.964.33$30,453
Mar 201101096.364.06$41
Feb 20110085.644.18$0
Jan 20110886.504.59$37
Dec 20100685.734.35$26
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20101349673.684.42$10,297
Jul 20101029772.554.74$7,860
Jun 201016510070.364.91$12,100
May 201015213071.124.24$11,361
Apr 201011018081.694.12$9,728
Mar 201012914278.394.39$10,736
Feb 2010162073.585.44$11,920
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009011865.543.06$362
Aug 200906067.423.22$193
Jul 2009020961.133.46$724
Jun 200910018266.163.90$7,325
May 200924511754.743.93$13,871
Apr 200913511446.773.59$6,723
Mar 2009172042.144.06$7,248
Feb 200914714732.814.63$5,504
Jan 200917015635.865.37$6,934
Dec 200806937.105.98$412
Nov 20081416055.496.86$8,236
Oct 200817613775.246.92$14,191
Sep 200816597101.767.88$17,554
Aug 2008162167114.228.48$19,920
Jul 2008168222131.0811.39$24,550
Jun 2008151118131.3313.03$21,369
May 2008160134123.1711.57$21,258
Apr 200817471110.3110.45$19,936
Mar 200814075101.909.66$14,991
Feb 20082819892.538.77$26,860
Jan 2008011590.388.21$944
Dec 200717210488.337.30$15,952
Nov 200715513191.677.29$15,164
Oct 200716411882.856.92$14,404
Sep 200716128975.846.24$14,015
Aug 200732437369.066.39$24,758
Jul 200715530070.906.39$12,906
Jun 2007030162.007.55$2,272
May 200716544258.747.85$13,160
Apr 200715035459.617.81$11,705
Mar 200716540556.927.30$12,349
Feb 200712927955.108.22$9,400
Jan 200731223250.306.73$17,254
Dec 200615829356.656.92$10,978
Nov 200615522354.207.62$10,100
Oct 200616232054.906.01$10,818
Sep 200614133060.085.04$10,134
Aug 200628938168.717.34$22,654
Jul 2006027369.376.34$1,732
Jun 200614427266.286.38$11,281
May 200616334166.016.42$12,951
Apr 200614833464.397.36$11,988
Mar 2006029856.707.08$2,111
Feb 200617126457.597.75$11,894
Jan 200615821760.598.93$11,512
Dec 20051583054.9413.42$9,083
Nov 200516035754.6910.59$12,530
Oct 2005037458.3413.80$5,160
Sep 200522111161.4512.08$14,921
Aug 2005014561.519.80$1,421
Jul 200516812455.697.84$10,329
Jun 200515420552.337.38$9,572
May 200516119545.226.65$8,577
Apr 200514418549.207.36$8,446
Mar 200513922150.377.15$8,583
Feb 200516918345.226.31$8,797
Jan 2005024143.166.32$1,524
Dec 200414721139.866.75$7,284
Nov 200412923445.286.33$7,322
Oct 200411227849.706.52$7,378
Sep 200416428843.245.28$8,613
Aug 200415330342.375.55$8,164
Jul 200415740638.286.08$8,480
Jun 200415040536.106.43$8,020
May 200415639137.486.49$8,386
Apr 2004042334.475.86$2,478
Mar 200415240234.365.53$7,446
Feb 200414834932.455.51$6,725
Jan 200416236532.036.30$7,488
Dec 200315737630.266.30$7,120
Nov 200314218228.804.60$4,926
Oct 2003035528.174.76$1,690
Sep 200313335826.314.75$5,200
Aug 200315428729.765.13$6,055
Jul 200316222929.415.17$5,949
Jun 200316423528.565.98$6,090
May 200315822926.595.97$5,569
Apr 20039922426.675.41$3,852
Mar 200316125331.146.10$6,556
Feb 200315920933.487.93$6,980
Jan 200315920930.315.58$5,986
Dec 2002020926.914.85$1,014
Nov 200213520924.664.14$4,194
Oct 200216320926.464.23$5,197
Sep 200216020927.443.64$5,150
Aug 200216220925.963.16$4,867
Jul 2002021024.583.06$643
Jun 200216720923.733.34$4,661
May 200215520924.663.58$4,571
Apr 200216021123.653.51$4,525
Mar 200215020822.003.10$3,945
Feb 200214420718.222.38$3,115
Jan 2002021717.172.38$516
Dec 200114120116.932.36$2,862
Nov 200116420318.072.41$3,452
Oct 20019220019.782.53$2,326
Sep 200112119924.262.25$3,383
Aug 200113921124.873.05$4,101
Jul 2001019123.933.20$611
Jun 200112619624.563.82$3,844
May 200114224525.524.31$4,679
Apr 200116213224.685.34$4,702
Mar 200115121124.545.38$4,840
Feb 200114520627.755.77$5,212
Jan 2001022127.478.40$1,856
Dec 200014620526.889.12$5,795
Nov 200014619232.215.66$5,789
Oct 20009626531.235.15$4,362
Sep 200013915531.875.19$5,234
Aug 200014515529.644.54$5,002
Jul 200017715528.534.09$5,684
Jun 200015515629.304.40$5,227
May 200017515427.263.68$5,337
Apr 2000015624.513.12$486
Mar 200015315828.422.86$4,800
Feb 200013814727.622.73$4,212
Jan 2000016325.272.48$404
Dec 199913416324.282.42$3,649
Nov 199910711523.192.43$2,761
Oct 199913321120.982.80$3,382
Sep 199913216721.752.62$3,308
Aug 199912021619.262.88$2,932
Jul 199913325217.892.37$2,977
Jun 199912918115.942.36$2,484
May 199913218815.792.32$2,521
Apr 199911217515.102.21$2,078
Mar 199913511812.471.84$1,900
Feb 19991251889.981.82$1,589
Jan 199911516310.381.90$1,503
Dec 19981532299.201.77$1,814
Nov 19987821810.892.19$1,326
Oct 199814313312.421.97$2,038
Sep 199813712312.592.08$1,981
Aug 199811514311.301.91$1,572
Jul 19981389011.742.24$1,821
Jun 19981259011.242.24$1,606
May 199813018412.622.21$2,047
Apr 199813217213.042.51$2,152
Mar 19989918612.802.31$1,697
Feb 19981178113.952.30$1,818
Jan 19981409614.702.15$2,265
Dec 19971236616.322.41$2,166
Nov 19971278418.193.09$2,570
Oct 19971238519.253.15$2,635
Sep 19971328417.742.95$2,590
Aug 19971178617.862.55$2,309
Jul 199712120617.582.25$2,590
Jun 199710320417.242.26$2,236
May 199716720818.972.31$3,648
Apr 199715920217.882.08$3,264
Mar 1997018618.951.94$361
Feb 199714216320.492.21$3,269
Jan 199729212823.483.54$7,309
Dec 1996013823.32$0
Nov 199610012121.97$2,197
Oct 199613716323.31$3,193
Sep 199614016722.22$3,111
Aug 199614615620.26$2,958
Jul 199615015619.55$2,933
Jun 199611513418.73$2,154
May 199614613619.43$2,837
Apr 199613815521.51$2,968
Mar 199611612619.38$2,248
Feb 199614010016.98$2,377
Jan 19961767817.07$3,004
Dec 199507917.19$0
Nov 19952338616.00$3,728
Oct 1995019215.43$0
Sep 199512814816.18$2,071
Aug 199516318215.92$2,595
Jul 199510710315.24$1,631
Jun 199514010116.41$2,297
May 199510910117.56$1,914
Apr 19951479417.73$2,606
Mar 19951197016.44$1,956
Feb 19951205816.58$1,990
Jan 19951194715.92$1,894
Dec 19941166515.03$1,743
Nov 19941437715.90$2,274
Oct 19941077915.58$1,667
Sep 19941378915.29$2,095
Aug 19941329616.13$2,129
Jul 19941379317.56$2,406
Jun 19941479017.09$2,512
May 19941709315.88$2,700
Apr 19941546714.14$2,178
Mar 19940012.46$0
Feb 199403512.50$0
Jan 19941328312.66$1,671
Dec 19931477612.33$1,813
Nov 19931039814.49$1,492
Oct 199312510915.85$1,981
Sep 199313811015.03$2,074
Aug 199312411415.66$1,942
Jul 199312811215.46$1,979
Jun 199313510316.79$2,267
May 199314110417.68$2,493
Apr 199315410118.05$2,780
Mar 19931139818.14$2,050
Feb 19931158917.90$2,059
Jan 19931629616.93$2,743

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                  315 bbl  × $106.41 =    $33,519
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $33,519

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/7974 is the state's own key, not one this site invented.