NEAL, H. T.

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 7987District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$6.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$262 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
OilDisposition129,244 bbl$6,703,237
Casinghead gasProduction30,426 Mcf$89,099
Total$6,792,336

7,893 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 202633410106.413.05$35,571
Apr 20261658998.932.87$16,579
Mar 20262706789.753.15$24,444
Feb 20263597363.503.75$23,070
Jan 20261808659.138.00$11,331
Dec 20253578256.664.41$20,590
Nov 20253436258.593.93$20,340
Oct 20253388959.383.30$20,365
Sep 202531911462.743.08$20,365
Aug 202535712963.933.01$23,212
Jul 20253449966.743.32$23,287
Jun 20253475266.483.13$23,231
May 20251783160.553.23$10,878
Apr 20253324762.363.54$20,870
Mar 20254665067.704.27$31,762
Feb 20251664570.884.34$11,961
Jan 20253155174.324.28$23,629
Dec 20243187368.993.12$22,167
Nov 20243315769.052.20$22,981
Oct 20243416971.372.28$24,495
Sep 20243293369.612.36$22,980
Aug 20244754475.632.06$36,015
Jul 20241595379.932.15$12,823
Jun 20244594078.082.63$35,944
May 20243495378.812.20$27,621
Apr 20243333084.451.66$28,172
Mar 20243512280.301.55$28,219
Feb 2024353076.091.78$26,860
Jan 2024347073.023.30$25,338
Dec 20233496571.262.61$25,039
Nov 2023353077.892.81$27,495
Oct 20233116185.443.09$26,760
Sep 20234797189.042.74$42,844
Aug 20233269580.522.67$26,503
Jul 20233638474.852.64$27,392
Jun 202316211768.962.26$11,436
May 202333110470.622.23$23,607
Apr 20233388678.122.24$26,597
Mar 20233442772.852.39$25,125
Feb 2023324075.112.47$24,336
Jan 20233504676.533.39$26,941
Dec 20223413376.415.73$26,245
Nov 20223524185.005.65$30,151
Oct 20223416187.185.86$30,086
Sep 20223406884.888.16$29,414
Aug 20221733294.529.13$16,644
Jul 202233841101.587.54$34,643
Jun 202233326115.097.98$38,532
May 20221650109.378.43$18,046
Apr 20223410104.226.84$35,539
Mar 202235334108.885.08$38,607
Feb 20223336991.054.86$30,655
Jan 20221779881.844.54$14,930
Dec 2021351071.323.90$25,033
Nov 20213404577.435.24$26,562
Oct 20213434279.795.71$27,608
Sep 20213583469.865.35$25,192
Aug 20213255866.024.22$21,701
Jul 20213328370.783.98$23,829
Jun 20211615169.493.38$11,360
May 202135515863.483.02$23,012
Apr 202132412260.362.76$19,893
Mar 20213383161.302.72$20,804
Feb 20211772757.805.55$10,380
Jan 20213377150.412.81$17,188
Dec 20203358344.642.68$15,176
Nov 2020135038.772.71$5,234
Oct 20203446536.972.48$12,879
Sep 20203344837.091.99$12,484
Aug 20203404639.982.39$13,703
Jul 20201755238.371.83$6,810
Jun 20203445734.901.69$12,102
May 20201774616.921.81$3,078
Apr 202034911714.751.80$5,359
Mar 202033813230.341.86$10,500
Feb 202037612949.881.98$19,010
Jan 20203449157.252.09$19,885
Dec 201934510259.012.30$20,593
Nov 20191728455.302.75$9,743
Oct 20193467953.472.42$18,692
Sep 20193688455.052.66$20,482
Aug 20193519353.112.30$18,856
Jul 201934512156.272.46$19,711
Jun 20193278952.782.49$17,481
May 20193408758.482.74$20,122
Apr 20191717562.632.75$10,916
Mar 20193558056.803.06$20,409
Feb 20193597550.852.79$18,465
Jan 20193578746.033.23$16,714
Dec 20181894946.594.19$9,011
Nov 2018358952.934.24$18,987
Oct 2018179061.443.40$10,998
Sep 2018356059.543.11$21,196
Aug 2018182059.403.07$10,811
Jul 2018336165.142.93$21,890
Jun 2018342260.183.08$20,588
May 20183414065.382.90$22,411
Apr 20183582363.842.90$22,921
Mar 201834519761.222.79$21,670
Feb 201837314661.782.77$23,448
Jan 201818213962.874.01$12,000
Dec 201718216857.272.92$10,914
Nov 20173552855.423.12$19,761
Oct 201733811749.292.98$17,009
Sep 201735117647.523.09$17,223
Aug 201717819145.373.00$8,650
Jul 20173376143.873.09$14,973
Jun 20173368142.493.09$14,527
May 201734314245.373.26$16,025
Apr 20171708747.933.21$8,428
Mar 201732821946.772.98$15,994
Feb 201733611950.452.95$17,303
Jan 20173387649.413.42$16,960
Dec 201617211048.763.72$8,796
Nov 201633812942.492.64$14,703
Oct 201635612846.193.09$16,839
Sep 20163357441.553.10$14,149
Aug 201634410541.442.92$14,562
Jul 20163499441.622.92$14,800
Jun 201615812145.352.69$7,490
May 201633212842.521.99$14,371
Apr 201633215236.561.99$12,441
Mar 201634114533.011.79$11,517
Feb 201633519426.472.06$9,268
Jan 20163518527.352.36$9,801
Dec 20151704832.362.00$5,597
Nov 20153374638.792.17$13,172
Oct 20153494543.552.43$15,308
Sep 20153496942.992.76$15,194
Aug 201533510740.162.87$13,761
Jul 20153308148.152.95$16,128
Jun 201516916256.152.88$9,956
May 20153529055.212.96$19,700
Apr 201517820449.822.71$9,420
Mar 201534816042.892.93$15,395
Feb 201537016844.662.98$17,024
Jan 201518212743.433.10$8,298
Dec 20143529754.693.59$19,599
Nov 201435611370.464.25$25,564
Oct 20143658478.303.90$28,907
Sep 20143678486.164.05$31,961
Aug 20143529789.394.04$31,857
Jul 20143465996.564.18$33,656
Jun 201436714398.164.74$36,702
May 201437015294.734.73$35,769
Apr 201436715395.944.81$35,946
Mar 201436716595.895.06$36,026
Feb 201437313097.406.19$37,135
Jan 201452511190.404.86$48,000
Dec 201336611291.824.35$34,094
Nov 201355411788.853.74$49,660
Oct 201335812097.423.78$35,330
Sep 2013533115104.113.72$55,918
Aug 2013361105104.253.52$38,004
Jul 201354193102.523.72$55,809
Jun 20135397294.403.93$51,165
May 20133616194.834.15$34,487
Apr 20135457293.964.28$51,517
Mar 20131848693.623.91$17,563
Feb 20133548291.233.42$32,576
Jan 20133658091.603.42$33,708
Dec 201254811586.773.42$47,943
Nov 201218612986.953.62$16,640
Oct 201234615089.383.40$31,435
Sep 201218514394.672.92$17,931
Aug 201233110392.662.91$30,970
Jul 201236311185.133.02$31,238
Jun 201237110579.822.52$29,878
May 201219010791.612.49$17,672
Apr 201236290101.652.00$36,977
Mar 201218885105.052.22$19,938
Feb 201235993101.102.57$36,534
Jan 20123749598.092.73$36,945
Dec 20111889796.873.24$18,526
Nov 20113699695.723.31$35,639
Oct 201136110384.983.65$31,054
Sep 20111859383.623.99$15,840
Aug 201133610183.404.15$28,441
Jul 201134011294.144.52$32,514
Jun 20113805592.904.64$35,557
May 20111873898.134.40$18,518
Apr 2011360122105.964.33$38,674
Mar 201117512996.364.06$17,386
Feb 20113465085.644.18$29,840
Jan 20111864186.504.59$16,277
Dec 20103547085.734.35$30,653
Nov 20101827780.843.80$15,005
Oct 20103659578.103.51$28,840
Sep 20101866772.633.98$13,776
Aug 20103408273.684.42$25,414
Jul 20103269472.554.74$24,097
Jun 20101557270.364.91$11,259
May 20103385571.124.24$24,272
Apr 20103636981.694.12$29,938
Mar 201018410678.394.39$14,889
Feb 20103728973.585.44$27,856
Jan 20101844774.365.96$13,963
Dec 20093374471.445.48$24,317
Nov 20093665374.593.75$27,499
Oct 20091824172.544.11$13,371
Sep 20093512065.543.06$23,066
Aug 20093632867.423.22$24,564
Jul 20091766461.133.46$10,981
Jun 20093375366.163.90$22,502
May 20093344954.743.93$18,476
Apr 2009364146.773.59$17,028
Mar 20091851642.144.06$7,861
Feb 20093391932.814.63$11,211
Jan 20093644435.865.37$13,289
Dec 20083175937.105.98$12,113
Nov 20081847655.496.86$10,732
Oct 20083547775.246.92$27,168
Sep 200830978101.767.88$32,058
Aug 200862193114.228.48$71,720
Jul 200831795131.0811.39$42,634
Jun 200834483131.3313.03$46,259
May 2008359106123.1711.57$45,445
Apr 20083670110.3110.45$40,484
Mar 200818889101.909.66$20,017
Feb 2008377892.538.77$34,954
Jan 20081903390.388.21$17,443
Dec 20073564788.337.30$31,789
Nov 20073057591.677.29$28,506
Oct 200749112282.856.92$41,524
Sep 200718212175.846.24$14,558
Aug 200734810169.066.39$24,678
Jul 200733913570.906.39$24,897
Jun 200736214962.007.55$23,569
May 200736015358.747.85$22,347
Apr 20071849359.617.81$11,694
Mar 200733910856.927.30$20,084
Feb 200731911655.108.22$18,530
Jan 200732011050.306.73$16,836
Dec 20063056656.656.92$17,735
Nov 20063443554.207.62$18,911
Oct 2006346054.906.01$18,995
Sep 200633410560.085.04$20,596
Aug 2006316068.717.34$21,712
Jul 20062835369.376.34$19,968
Jun 20063357766.286.38$22,695
May 20063348166.016.42$22,568
Apr 20063273664.397.36$21,321
Mar 20063458856.707.08$20,185
Feb 20063175657.597.75$18,690
Jan 2006363060.598.93$21,994
Dec 2005343054.9413.42$18,844
Nov 2005340054.6910.59$18,595
Oct 2005321058.3413.80$18,727
Sep 2005332061.4512.08$20,401
Aug 2005301061.519.80$18,515
Jul 2005309055.697.84$17,208
Jun 2005168052.337.38$8,791
May 2005336045.226.65$15,194
Apr 2005337049.207.36$16,580
Mar 2005262050.377.15$13,197
Feb 2005356045.226.31$16,098
Jan 2005166043.166.32$7,165
Dec 2004377239.866.75$15,041
Nov 20041742445.286.33$8,031
Oct 20043061749.706.52$15,319
Sep 20043261443.245.28$14,170
Aug 20043631842.375.55$15,480
Jul 20043642338.286.08$14,074
Jun 20041731536.106.43$6,342
May 20043221637.486.49$12,172
Apr 20043332334.475.86$11,613
Mar 20043522534.365.53$12,233
Feb 20043553632.455.51$11,718
Jan 20042357532.036.30$8,000
Dec 20033027130.266.30$9,586
Nov 20033405128.804.60$10,026
Oct 20033476228.174.76$10,070
Sep 20033495926.314.75$9,462
Aug 20033537229.765.13$10,875
Jul 20031887029.415.17$5,891
Jun 20032785228.565.98$8,251
May 20033427026.595.97$9,512
Apr 20032496026.675.41$6,965
Mar 20033202731.146.10$10,129
Feb 20033712133.487.93$12,588
Jan 20031632630.315.58$5,086
Dec 20023663226.914.85$10,004
Nov 20021832824.664.14$4,629
Oct 20023453226.464.23$9,264
Sep 20021612027.443.64$4,491
Aug 2002187025.963.16$4,855
Jul 2002147024.583.06$3,613
Jun 2002347023.733.34$8,234
May 2002153024.663.58$3,773
Apr 2002320023.653.51$7,568
Mar 2002175022.003.10$3,850
Feb 2002325018.222.38$5,922
Jan 2002313617.172.38$5,388
Dec 20011652416.932.36$2,850
Nov 20013262618.072.41$5,953
Oct 200103219.782.53$81
Sep 20013453424.262.25$8,446
Aug 20011703724.873.05$4,341
Jul 20013193423.933.20$7,742
Jun 20011702724.563.82$4,278
May 20013492925.524.31$9,031
Apr 2001183024.685.34$4,516
Mar 20013752824.545.38$9,353
Feb 20011782727.755.77$5,095
Jan 20011791927.478.40$5,077
Dec 20001741926.889.12$4,850
Nov 20001882932.215.66$6,220
Oct 20003393131.235.15$10,746
Sep 20001793831.875.19$5,902
Aug 20003614829.644.54$10,918
Jul 20001864728.534.09$5,499
Jun 20001823129.304.40$5,469
May 20003812227.263.68$10,467
Apr 20001858924.513.12$4,812
Mar 20001872528.422.86$5,386
Feb 20001902227.622.73$5,308
Jan 20003233225.272.48$8,242
Dec 19991951324.282.42$4,766
Nov 19991793023.192.43$4,224
Oct 19993604020.982.80$7,665
Sep 19991915121.752.62$4,288
Aug 19991895519.262.88$3,798
Jul 19993194017.892.37$5,802
Jun 19991773615.942.36$2,906
May 19991752615.792.32$2,824
Apr 19993542615.102.21$5,403
Mar 19991922512.471.84$2,440
Feb 1999190279.981.82$1,945
Jan 19993762910.381.90$3,958
Dec 1998186229.201.77$1,750
Nov 1998192010.892.19$2,091
Oct 1998369012.421.97$4,583
Sep 1998189012.592.08$2,380
Aug 1998364011.301.91$4,113
Jul 1998173011.742.24$2,031
Jun 1998367011.242.24$4,125
May 1998191012.622.21$2,410
Apr 1998337013.042.51$4,394
Mar 1998190012.802.31$2,432
Feb 1998186013.952.30$2,595
Jan 1998376014.702.15$5,527
Dec 1997191016.322.41$3,117
Nov 1997372018.193.09$6,767
Oct 199708819.253.15$277
Sep 1997502017.742.95$8,905
Aug 199717214317.862.55$3,437
Jul 199736513017.582.25$6,709
Jun 199736512217.242.26$6,568
May 199736816318.972.31$7,357
Apr 199735615917.882.08$6,696
Mar 19973617118.951.94$6,979
Feb 19973699920.492.21$7,779
Jan 1997182023.483.54$4,273
Dec 199647220623.32$11,007
Nov 199636316421.97$7,975
Oct 199635815523.31$8,345
Sep 199637619022.22$8,355
Aug 199637219520.26$7,537
Jul 199656518019.55$11,046
Jun 199637515718.73$7,024
May 199636617819.43$7,111
Apr 199655717021.51$11,981
Mar 199636418219.38$7,054
Feb 199652111416.98$8,847
Jan 199635115117.07$5,992
Dec 199536414317.19$6,257
Nov 199552917716.00$8,464
Oct 199553818415.43$8,301
Sep 199554118616.18$8,753
Aug 199535419615.92$5,636
Jul 199553921215.24$8,214
Jun 199554019116.41$8,861
May 199537419817.56$6,567
Apr 199554619717.73$9,681
Mar 199537715916.44$6,198
Feb 199557115716.58$9,467
Jan 199537716915.92$6,002
Dec 199451118215.03$7,680
Nov 199454616615.90$8,681
Oct 1994355115.58$5,531
Sep 199454516415.29$8,333
Aug 199435116416.13$5,662
Jul 199455914717.56$9,816
Jun 19941939117.09$3,298
May 199437314915.88$5,923
Apr 199453116714.14$7,508
Mar 199435513612.46$4,423
Feb 199436713712.50$4,588
Jan 199456014112.66$7,090
Dec 199337117512.33$4,574
Nov 199356912614.49$8,245
Oct 199337920115.85$6,007
Sep 1993553115.03$8,312
Aug 199355221515.66$8,644
Jul 199355720415.46$8,611
Jun 199336816816.79$6,179
May 199355119117.68$9,742
Apr 199356119918.05$10,126
Mar 199374720618.14$13,551
Feb 199336216817.90$6,480
Jan 199355218316.93$9,345

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                  334 bbl  × $106.41 =    $35,541
Casinghead gas        10 Mcf  × $  3.05 =        $30

────────────────────────────────────────────────────
Month total                                  $35,571

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/7987 is the state's own key, not one this site invented.