RICHEY, E. G.

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 7988District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$5.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$131 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
OilDisposition97,056 bbl$4,938,527
Casinghead gasProduction49,465 Mcf$205,250
Total$5,143,778

2,889 Mcf of this lease's gas, across 45 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 20261780106.413.05$18,941
Apr 202617413698.932.87$17,604
Mar 2026014989.753.15$469
Feb 202636012563.503.75$23,329
Jan 2026013359.138.00$1,064
Dec 202517213356.664.41$10,333
Nov 2025011658.593.93$455
Oct 202518813559.383.30$11,610
Sep 202517611862.743.08$11,405
Aug 202517512263.933.01$11,556
Jul 2025012066.743.32$398
Jun 20253559266.483.13$23,888
May 2025011660.553.23$375
Apr 202517511762.363.54$11,328
Mar 202516110667.704.27$11,352
Feb 20251597470.884.34$11,591
Jan 20251648774.324.28$12,561
Dec 202416310168.993.12$11,561
Nov 20241619769.052.20$11,330
Oct 202416011071.372.28$11,670
Sep 202409669.612.36$227
Aug 20241789775.632.06$13,662
Jul 2024010679.932.15$228
Jun 202407378.082.63$192
May 20241608778.812.20$12,801
Apr 202416412884.451.66$14,062
Mar 2024012380.301.55$190
Feb 202419811676.091.78$15,273
Jan 202416511373.023.30$12,421
Dec 2023012971.262.61$337
Nov 2023313077.892.81$24,380
Oct 202318616785.443.09$16,407
Sep 2023015489.042.74$421
Aug 202316815680.522.67$13,944
Jul 202331416274.852.64$23,931
Jun 202317816868.962.26$12,654
May 2023013670.622.23$303
Apr 2023013778.122.24$307
Mar 202316514672.852.39$12,370
Feb 2023155075.112.47$11,642
Jan 202317014476.533.39$13,498
Dec 202217911176.415.73$14,313
Nov 202216916885.005.65$15,314
Oct 2022016287.185.86$950
Sep 202228014184.888.16$24,917
Aug 202216218094.529.13$16,955
Jul 2022164187101.587.54$18,069
Jun 20220183115.097.98$1,460
May 202299157109.378.43$12,152
Apr 2022134157104.226.84$15,039
Mar 2022330178108.885.08$36,834
Feb 202215715291.054.86$15,033
Jan 202209581.844.54$431
Dec 20211719071.323.90$12,547
Nov 20212978777.435.24$23,452
Oct 20211629279.795.71$13,452
Sep 20211757069.865.35$12,600
Aug 202106466.024.22$270
Jul 20211646170.783.98$11,851
Jun 202104669.493.38$156
May 20211705863.483.02$10,967
Apr 20211665560.362.76$10,171
Mar 20211894661.302.72$11,711
Feb 20211612957.805.55$9,467
Jan 20211644550.412.81$8,394
Dec 20201722344.642.68$7,740
Nov 202002138.772.71$57
Oct 20201829036.972.48$6,952
Sep 20201587937.091.99$6,018
Aug 202034310539.982.39$13,964
Jul 202016210638.371.83$6,409
Jun 2020011534.901.69$194
May 202004716.921.81$85
Apr 20201303914.751.80$1,988
Mar 20201728830.341.86$5,382
Feb 20201709149.881.98$8,660
Jan 20203649757.252.09$21,042
Dec 20191869559.012.30$11,195
Nov 201908955.302.75$245
Oct 20191679753.472.42$9,164
Sep 201918210655.052.66$10,301
Aug 201933212253.112.30$17,914
Jul 201917612456.272.46$10,209
Jun 201917210252.782.49$9,332
May 201905358.482.74$145
Apr 20191659962.632.75$10,606
Mar 20191769056.803.06$10,272
Feb 20191678250.852.79$8,721
Jan 201918710346.033.23$8,940
Dec 201815910646.594.19$7,851
Nov 20181609352.934.24$8,863
Oct 201818210361.443.40$11,532
Sep 201817410359.543.11$10,680
Aug 201816811559.403.07$10,332
Jul 201818512365.142.93$12,412
Jun 201816510860.183.08$10,262
May 201818812365.382.90$12,648
Apr 201834910163.842.90$22,573
Mar 201818012661.222.79$11,371
Feb 201816311461.782.77$10,385
Jan 201817111862.874.01$11,224
Dec 201732912757.272.92$19,213
Nov 201716013355.423.12$9,282
Oct 201716611649.292.98$8,528
Sep 201717124247.523.09$8,873
Aug 201717022445.373.00$8,386
Jul 201716026043.873.09$7,822
Jun 201717618442.493.09$8,046
May 201716415145.373.26$7,933
Apr 20171697947.933.21$8,354
Mar 201729123646.772.98$14,314
Feb 201716426850.452.95$9,065
Jan 201716422849.413.42$8,883
Dec 201616028648.763.72$8,866
Nov 201616125942.492.64$7,526
Oct 201616424846.193.09$8,342
Sep 201616625041.553.10$7,672
Aug 201616521241.442.92$7,458
Jul 201632819741.622.92$14,227
Jun 201618419945.352.69$8,879
May 201617016442.521.99$7,555
Apr 201616517336.561.99$6,377
Mar 201634817633.011.79$11,803
Feb 201617516426.472.06$4,971
Jan 201617617627.352.36$5,230
Dec 201518315832.362.00$6,238
Nov 201518915038.792.17$7,656
Oct 201517315043.552.43$7,898
Sep 201528317942.992.76$12,660
Aug 201518518740.162.87$7,967
Jul 201517319848.152.95$8,913
Jun 201518318456.152.88$10,806
May 201514717055.212.96$8,618
Apr 201534717049.822.71$17,748
Mar 201518717442.892.93$8,531
Feb 201518816544.662.98$8,887
Jan 201534117243.433.10$15,343
Dec 201418518054.693.59$10,764
Nov 201418617670.464.25$13,854
Oct 201433817078.303.90$27,129
Sep 201418119786.164.05$16,392
Aug 201418221089.394.04$17,116
Jul 201432918496.564.18$32,537
Jun 201418318498.164.74$18,835
May 201417816694.734.73$17,647
Apr 201434116795.944.81$33,519
Mar 201418815295.895.06$18,796
Feb 201418014097.406.19$18,399
Jan 201435516290.404.86$32,879
Dec 201318618291.824.35$17,871
Nov 201319017788.853.74$17,543
Oct 201334119997.423.78$33,972
Sep 2013184206104.113.72$19,922
Aug 2013304212104.253.52$32,439
Jul 2013180211102.523.72$19,238
Jun 201333419294.403.93$32,285
May 201318017694.834.15$17,800
Apr 201318518693.964.28$18,179
Mar 201337219193.623.91$35,574
Feb 201319216191.233.42$18,067
Jan 201318417691.603.42$17,456
Dec 201233617386.773.42$29,746
Nov 201219019586.953.62$17,227
Oct 201235120689.383.40$32,073
Sep 201217719694.672.92$17,329
Aug 201234717892.662.91$32,671
Jul 201218420785.133.02$16,289
Jun 201236020079.822.52$29,239
May 201218820891.612.49$17,740
Apr 2012509184101.652.00$52,107
Mar 2012183199105.052.22$19,666
Feb 2012170182101.102.57$17,655
Jan 201232720098.092.73$32,622
Dec 201134119496.873.24$33,661
Nov 201118317195.723.31$18,083
Oct 201136514984.983.65$31,561
Sep 201118014383.623.99$15,622
Aug 201134515383.404.15$29,408
Jul 201117113994.144.52$16,726
Jun 201134413292.904.64$32,570
May 201118412098.134.40$18,585
Apr 2011294144105.964.33$31,776
Mar 201135914696.364.06$35,186
Feb 201116112185.644.18$14,294
Jan 201134615386.504.59$30,631
Dec 201033315585.734.35$29,222
Nov 201016112880.843.80$13,501
Oct 201028711378.103.51$22,811
Sep 201033714272.633.98$25,041
Aug 201032117373.684.42$24,416
Jul 201017917572.554.74$13,815
Jun 201036015570.364.91$26,091
May 201035117171.124.24$25,687
Apr 201018017481.694.12$15,422
Mar 201035412978.394.39$28,316
Feb 20101839673.585.44$13,988
Jan 201037311774.365.96$28,434
Dec 200917714471.445.48$13,435
Nov 200928617874.593.75$22,001
Oct 200934817272.544.11$25,951
Sep 200918718465.543.06$12,820
Aug 200927918867.423.22$19,415
Jul 200931819061.133.46$20,098
Jun 200936018866.163.90$24,550
May 200934118754.743.93$19,400
Apr 200918817746.773.59$9,428
Mar 200932317942.144.06$14,338
Feb 200952215132.814.63$17,826
Jan 200916115435.865.37$6,601
Dec 200818617937.105.98$7,971
Nov 200837215155.496.86$21,678
Oct 200833913675.246.92$26,448
Sep 2008183118101.767.88$19,552
Aug 2008176178114.228.48$21,613
Jul 2008348174131.0811.39$47,598
Jun 2008313172131.3313.03$43,348
May 2008363178123.1711.57$46,771
Apr 2008357169110.3110.45$41,148
Mar 2008176185101.909.66$19,722
Feb 200836017292.538.77$34,819
Jan 200834918690.388.21$33,069
Dec 200736919088.337.30$33,981
Nov 200735819991.677.29$34,269
Oct 200732019682.856.92$27,869
Sep 200731420475.846.24$25,088
Aug 200735921369.066.39$26,153
Jul 200736421570.906.39$27,181
Jun 200734220762.007.55$22,767
May 200747921658.747.85$29,831
Apr 200732120459.617.81$20,727
Mar 200736417956.927.30$22,026
Feb 200737415555.108.22$21,881
Jan 200750117050.306.73$26,344
Dec 200633516856.656.92$20,140
Nov 200633516154.207.62$19,383
Oct 200633816054.906.01$19,518
Sep 200632916860.085.04$20,613
Aug 200635615968.717.34$25,628
Jul 200643415069.376.34$31,058
Jun 200634914066.286.38$24,025
May 2006526066.016.42$34,721
Apr 200630813564.397.36$20,826
Mar 200632415356.707.08$19,454
Feb 200633912957.597.75$20,523
Jan 200638214460.598.93$24,432
Dec 200536714554.9413.42$22,108
Nov 200549514654.6910.59$28,617
Oct 200516914458.3413.80$11,846
Sep 20053318861.4512.08$21,403
Aug 200534815561.519.80$22,924
Jul 200536114355.697.84$21,226
Jun 200559016752.337.38$32,107
May 200535817145.226.65$17,326
Apr 200534015249.207.36$17,847
Mar 200542315650.377.15$22,423
Feb 200531012945.226.31$14,832
Jan 200554015243.166.32$24,267
Dec 200433215539.866.75$14,280
Nov 200448616045.286.33$23,019
Oct 200450317349.706.52$26,126
Sep 200436117643.245.28$16,540
Aug 200448118142.375.55$21,385
Jul 200456417838.286.08$22,673
Jun 200436616436.106.43$14,268
May 200437417837.486.49$15,174
Apr 200454017434.475.86$19,633
Mar 200437517634.365.53$13,858
Feb 200454714732.455.51$18,560
Jan 200435917732.036.30$12,614
Dec 200349917330.266.30$16,190
Nov 200336215928.804.60$11,156
Oct 200350517028.174.76$15,035
Sep 200337116626.314.75$10,549
Aug 200347717029.765.13$15,068
Jul 200331814529.415.17$10,102
Jun 200331212628.565.98$9,665
May 200336314926.595.97$10,542
Apr 200334112426.675.41$9,765
Mar 200335513631.146.10$11,884
Feb 20031825033.487.93$6,490
Jan 200319312730.315.58$6,559
Dec 200238314526.914.85$11,010
Nov 200238714424.664.14$10,139
Oct 200239014726.464.23$10,941
Sep 200237915327.443.64$10,956
Aug 2002186025.963.16$4,829
Jul 200235515224.583.06$9,191
Jun 200218115423.733.34$4,809
May 200234612824.663.58$8,991
Apr 200237413623.653.51$9,323
Mar 200218612822.003.10$4,489
Feb 200219111118.222.38$3,744
Jan 20022799617.172.38$5,019
Dec 200132211216.932.36$5,716
Nov 200132412218.072.41$6,148
Oct 200133110919.782.53$6,823
Sep 200119111124.262.25$4,884
Aug 20011808424.873.05$4,733
Jul 20011855523.933.20$4,603
Jun 20011593524.563.82$4,039
May 20011912725.524.31$4,991
Apr 2001186024.685.34$4,590
Mar 2001188824.545.38$4,657
Feb 20011931327.755.77$5,431
Jan 2001183327.478.40$5,052
Dec 20000326.889.12$27
Nov 20001901832.215.66$6,222
Oct 20001923031.235.15$6,151
Sep 2000188031.875.19$5,992
Aug 20001913129.644.54$5,802
Jul 20003673828.534.09$10,626
Jun 200004429.304.40$193
May 20001965127.263.68$5,531
Apr 20001845824.513.12$4,691
Mar 20003608228.422.86$10,466
Feb 20001927927.622.73$5,518
Jan 20001928125.272.48$5,053
Dec 19991467024.282.42$3,715
Nov 19991978423.192.43$4,773
Oct 19991925420.982.80$4,180
Sep 19991938021.752.62$4,407
Aug 19991779919.262.88$3,694
Jul 199936210117.892.37$6,716
Jun 19991948615.942.36$3,296
May 19991879715.792.32$3,178
Apr 19991959415.102.21$3,152
Mar 199919412412.471.84$2,647
Feb 1999186849.981.82$2,009
Jan 19991598710.381.90$1,816
Dec 1998377869.201.77$3,621
Nov 19981858210.892.19$2,194
Oct 199819010112.421.97$2,559
Sep 199818710812.592.08$2,579
Aug 199837911411.301.91$4,500
Jul 199818011611.742.24$2,373
Jun 199818810011.242.24$2,337
May 199837711412.622.21$5,009
Apr 199818111313.042.51$2,643
Mar 199819711212.802.31$2,780
Feb 19981945813.952.30$2,840
Jan 19981953714.702.15$2,946
Dec 19971998416.322.41$3,450
Nov 19971956818.193.09$3,757
Oct 19973799419.253.15$7,592
Sep 19971836717.742.95$3,444
Aug 19971937917.862.55$3,649
Jul 19971821017.582.25$3,222
Jun 19973621717.242.26$6,279
May 19971921218.972.31$3,670
Apr 1997384917.882.08$6,885
Mar 199701718.951.94$33
Feb 1997323720.492.21$6,634
Jan 19971721423.483.54$4,088
Dec 19962313223.32$5,387
Nov 19962151521.97$4,724
Oct 19962481123.31$5,781
Sep 19962201022.22$4,888
Aug 1996221020.26$4,477
Jul 19962772419.55$5,415
Jun 19961763018.73$3,296
May 1996175919.43$3,400
Apr 19962492921.51$5,356
Mar 19962763419.38$5,349
Feb 19962303016.98$3,905
Jan 19962671417.07$4,558
Dec 19952271317.19$3,902
Nov 1995227016.00$3,632
Oct 1995276015.43$4,259
Sep 19952638516.18$4,255
Aug 19952757615.92$4,378
Jul 19952877715.24$4,374
Jun 19952578216.41$4,217
May 19953027617.56$5,303
Apr 19952656617.73$4,698
Mar 19953406016.44$5,590
Feb 19951815016.58$3,001
Jan 19951544915.92$2,452
Dec 19942691515.03$4,043
Nov 19942785215.90$4,420
Oct 19943166115.58$4,923
Sep 19942687315.29$4,098
Aug 19943148116.13$5,065
Jul 199427510417.56$4,829
Jun 199430211017.09$5,161
May 1994310115.88$4,923
Apr 199429110614.14$4,115
Mar 19942858912.46$3,551
Feb 19942838212.50$3,538
Jan 19943318012.66$4,190
Dec 19933639012.33$4,476
Nov 19932597214.49$3,753
Oct 19933696915.85$5,849
Sep 19933748115.03$5,621
Aug 1993012715.66$0
Jul 199333213015.46$5,133
Jun 199319511816.79$3,274
May 199332712317.68$5,781
Apr 199331810818.05$5,740
Mar 199316611318.14$3,011
Feb 199332413117.90$5,800
Jan 1993308116.93$5,214

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                  178 bbl  × $106.41 =    $18,941
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $18,941

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/7988 is the state's own key, not one this site invented.