RUSSELL, R.

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 7990District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$3.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
OilDisposition95,225 bbl$3,366,612
Casinghead gasProduction39,851 Mcf$125,316
Total$3,491,929

12,278 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 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
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 201901950.852.79$53
Jan 201902346.033.23$74
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20185063.842.90$319
Mar 20185061.222.79$306
Feb 2018517261.782.77$785
Jan 201854062.874.01$3,395
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 201701047.523.09$31
Aug 20171609045.373.00$7,530
Jul 20171826043.873.09$8,170
Jun 201701542.493.09$46
May 201702145.373.26$69
Apr 20171363547.933.21$6,631
Mar 201705146.772.98$152
Feb 20171105450.452.95$5,709
Jan 20171261849.413.42$6,287
Dec 201601148.763.72$41
Nov 20161043642.492.64$4,514
Oct 20161194246.193.09$5,626
Sep 20161444241.553.10$6,113
Aug 20161825041.442.92$7,688
Jul 201604541.622.92$132
Jun 20161184645.352.69$5,475
May 20161163142.521.99$4,994
Apr 20161133636.561.99$4,203
Mar 20161103433.011.79$3,692
Feb 20161502326.472.06$4,018
Jan 20161662127.352.36$4,590
Dec 201504432.362.00$88
Nov 2015983138.792.17$3,869
Oct 20151617443.552.43$7,191
Sep 20151518042.992.76$6,712
Aug 20151539840.162.87$6,426
Jul 20151499848.152.95$7,463
Jun 20151408556.152.88$8,106
May 2015150055.212.96$8,282
Apr 20151427049.822.71$7,264
Mar 20151504942.892.93$6,577
Feb 20151455644.662.98$6,642
Jan 20151466343.433.10$6,536
Dec 20141607254.693.59$9,009
Nov 20141745970.464.25$12,511
Oct 20141627678.303.90$12,981
Sep 20141167686.164.05$10,302
Aug 20141768789.394.04$16,084
Jul 20142998896.564.18$29,239
Jun 201404998.164.74$232
May 20141695394.734.73$16,260
Apr 20141415395.944.81$13,782
Mar 20141173895.895.06$11,411
Feb 20141726297.406.19$17,137
Jan 20141437290.404.86$13,277
Dec 20131066891.824.35$10,029
Nov 20131537288.853.74$13,863
Oct 20131346197.423.78$13,285
Sep 201313871104.113.72$14,631
Aug 201314685104.253.52$15,520
Jul 201327284102.523.72$28,198
Jun 20131759194.403.93$16,878
May 201306994.834.15$286
Apr 20132797293.964.28$26,523
Mar 20131406193.623.91$13,345
Feb 20131424991.233.42$13,122
Jan 20131693991.603.42$15,614
Dec 20121725186.773.42$15,099
Nov 201204886.953.62$174
Oct 20123245389.383.40$29,139
Sep 201205994.672.92$172
Aug 20121526792.662.91$14,279
Jul 20121577385.133.02$13,586
Jun 20122107079.822.52$16,939
May 20121788391.612.49$16,513
Apr 201216362101.652.00$16,693
Mar 201217164105.052.22$18,106
Feb 201216651101.102.57$16,914
Jan 20121505898.092.73$14,872
Dec 20113194696.873.24$31,051
Nov 2011199095.723.31$19,048
Oct 2011133084.983.65$11,302
Sep 201104983.623.99$195
Aug 20111535183.404.15$12,972
Jul 201106894.144.52$307
Jun 20111617592.904.64$15,305
May 201105398.134.40$233
Apr 201118870105.964.33$20,224
Mar 20111505896.364.06$14,689
Feb 20111582785.644.18$13,644
Jan 201103686.504.59$165
Dec 20101303185.734.35$11,280
Nov 20101134680.843.80$9,310
Oct 201004778.103.51$165
Sep 2010142072.633.98$10,313
Aug 201015110373.684.42$11,581
Jul 201027110572.554.74$20,158
Jun 20102539170.364.91$18,248
May 201017011371.124.24$12,569
Apr 201015211181.694.12$12,875
Mar 20102807178.394.39$22,261
Feb 20101537273.585.44$11,650
Jan 20101926574.365.96$14,665
Dec 20093217771.445.48$23,354
Nov 20091668374.593.75$12,693
Oct 20093308972.544.11$24,304
Sep 2009171065.543.06$11,207
Aug 20093579767.423.22$24,381
Jul 200906561.133.46$225
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20092945646.773.59$13,951
Mar 20091863842.144.06$7,992
Feb 20091614232.814.63$5,477
Jan 20091854735.865.37$6,887
Dec 20081832537.105.98$6,939
Nov 20081855355.496.86$10,629
Oct 20081934975.246.92$14,861
Sep 200815134101.767.88$15,634
Aug 200818255114.228.48$21,255
Jul 200817552131.0811.39$23,531
Jun 200815158131.3313.03$20,587
May 200818056123.1711.57$22,819
Apr 200817358110.3110.45$19,690
Mar 200816859101.909.66$17,689
Feb 20081874492.538.77$17,689
Jan 20083574490.388.21$32,627
Dec 200704688.337.30$336
Nov 20071875291.677.29$17,521
Oct 20071855882.856.92$15,729
Sep 20071857775.846.24$14,511
Aug 200717813369.066.39$13,142
Jul 2007186070.906.39$13,187
Jun 20073629562.007.55$23,161
May 2007175058.747.85$10,280
Apr 200736716259.617.81$23,141
Mar 2007362056.927.30$20,605
Feb 200717910455.108.22$10,717
Jan 200734714150.306.73$18,403
Dec 200633916256.656.92$20,325
Nov 200617810354.207.62$10,432
Oct 200635412154.906.01$20,162
Sep 200618120060.085.04$11,882
Aug 200633917568.717.34$24,577
Jul 200634814269.376.34$25,041
Jun 200634216966.286.38$23,747
May 200635222866.016.42$24,700
Apr 200634221664.397.36$23,611
Mar 200637321956.707.08$22,700
Feb 200632112657.597.75$19,463
Jan 200635012660.598.93$22,332
Dec 200518513754.9413.42$12,002
Nov 200544417454.6910.59$26,125
Oct 200536813058.3413.80$23,263
Sep 200530512761.4512.08$20,276
Aug 200545521561.519.80$30,093
Jul 200534017855.697.84$20,331
Jun 2005474052.337.38$24,804
May 200549117845.226.65$23,387
Apr 200518715749.207.36$10,356
Mar 20053265550.377.15$16,814
Feb 20055107545.226.31$23,536
Jan 20053397443.166.32$15,099
Dec 200418511939.866.75$8,177
Nov 200442421245.286.33$20,541
Oct 200436415549.706.52$19,101
Sep 200448412443.245.28$21,583
Aug 200447216542.375.55$20,915
Jul 20043609338.286.08$14,347
Jun 200436611436.106.43$13,946
May 200453312837.486.49$20,808
Apr 200436012834.475.86$13,159
Mar 20044803134.365.53$16,664
Feb 200436612932.455.51$12,587
Jan 200452611332.036.30$17,560
Dec 200336811630.266.30$11,867
Nov 200354212828.804.60$16,198
Oct 200337214028.174.76$11,146
Sep 200336015826.314.75$10,222
Aug 200354015829.765.13$16,881
Jul 200336429729.415.17$12,241
Jun 200336926428.565.98$12,118
May 200355228626.595.97$16,386
Apr 200337726326.675.41$11,477
Mar 200355426231.146.10$18,849
Feb 200356522333.487.93$20,684
Jan 200337425430.315.58$12,754
Dec 200239025426.914.85$11,728
Nov 200239521724.664.14$10,638
Oct 200254931126.464.23$15,842
Sep 200272846627.443.64$21,670
Aug 200234239525.963.16$10,128
Jul 200254227224.583.06$14,155
Jun 200234719123.733.34$8,872
May 200235018924.663.58$9,308
Apr 200231915423.653.51$8,085
Mar 200253918222.003.10$12,423
Feb 200217313018.222.38$3,461
Jan 200252415317.172.38$9,361
Dec 200118714816.932.36$3,516
Nov 200134815518.072.41$6,661
Oct 200169416219.782.53$14,137
Sep 200117849224.262.25$5,426
Aug 200131517924.873.05$8,381
Jul 200137718223.933.20$9,603
Jun 200135916224.563.82$9,437
May 200156216425.524.31$15,049
Apr 200135616124.685.34$9,645
Mar 200135020124.545.38$9,670
Feb 2001357027.755.77$9,907
Jan 200135417127.478.40$11,161
Dec 20003579526.889.12$10,463
Nov 200036115832.215.66$12,522
Oct 200033618731.235.15$11,455
Sep 200036317631.875.19$12,482
Aug 200052219229.644.54$16,344
Jul 200049217528.534.09$14,752
Jun 200017616429.304.40$5,878
May 200071718527.263.68$20,226
Apr 200017614324.513.12$4,759
Mar 200035111728.422.86$10,310
Feb 200035311027.622.73$10,050
Jan 20003668925.272.48$9,470
Dec 19993599924.282.42$8,956
Nov 19991708123.192.43$4,139
Oct 199936215420.982.80$8,027
Sep 199936412821.752.62$8,252
Aug 199918311519.262.88$3,855
Jul 199936111917.892.37$6,741
Jun 199935512615.942.36$5,956
May 199918111015.792.32$3,113
Apr 19991869215.102.21$3,012
Mar 19993409612.471.84$4,416
Feb 1999351909.981.82$3,667
Jan 19991737210.381.90$1,933
Dec 1998354909.201.77$3,416
Nov 19981829310.892.19$2,185
Oct 199836511412.421.97$4,758
Sep 199836016012.592.08$4,866
Aug 199817819711.301.91$2,387
Jul 199853121711.742.24$6,719
Jun 199854312911.242.24$6,392
May 199835317512.622.21$4,841
Apr 199818410613.042.51$2,665
Mar 199853817512.802.31$7,291
Feb 199836816413.952.30$5,511
Jan 199853820414.702.15$8,348
Dec 199771922716.322.41$12,281
Nov 199736720618.193.09$7,312
Oct 199751221219.253.15$10,524
Sep 199770125017.742.95$13,174
Aug 199755023017.862.55$10,411
Jul 199751122017.582.25$9,478
Jun 199752328717.242.26$9,664
May 199754928518.972.31$11,072
Apr 199748724517.882.08$9,218
Mar 19975354918.951.94$10,233
Feb 199755910720.492.21$11,690
Jan 199748220423.483.54$12,039
Dec 199654621323.32$12,733
Nov 199654321621.97$11,930
Oct 199650227523.31$11,702
Sep 199654126522.22$12,021
Aug 199651526120.26$10,434
Jul 199665030719.55$12,708
Jun 199650026418.73$9,365
May 199654228319.43$10,531
Apr 199659825921.51$12,863
Mar 199666825819.38$12,946
Feb 199660722416.98$10,307
Jan 199660025217.07$10,242
Dec 199558826017.19$10,108
Nov 199555824416.00$8,928
Oct 199562026915.43$9,567
Sep 199552927316.18$8,559
Aug 199568931615.92$10,969
Jul 199560028715.24$9,144
Jun 199554025116.41$8,861
May 199563727517.56$11,186
Apr 199558925617.73$10,443
Mar 199576326816.44$12,544
Feb 199556319716.58$9,335
Jan 199575025015.92$11,940
Dec 199463421915.03$9,529
Nov 199460121415.90$9,556
Oct 199455519315.58$8,647
Sep 199445119115.29$6,896
Aug 199460024116.13$9,678
Jul 199464130317.56$11,256
Jun 199468427517.09$11,690
May 199461229915.88$9,719
Apr 199470723814.14$9,997
Mar 199473124612.46$9,108
Feb 199440213812.50$5,025
Jan 199453615612.66$6,786
Dec 199344714912.33$5,512
Nov 199357218714.49$8,288
Oct 199346320615.85$7,339
Sep 199354628515.03$8,206
Aug 199359035615.66$9,239
Jul 199358333915.46$9,013
Jun 199350031316.79$8,395
May 199359329517.68$10,484
Apr 199364428218.05$11,624
Mar 199366530018.14$12,063
Feb 199360527417.90$10,830
Jan 199369335616.93$11,732

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.

Feb 2019 — as filed, then multipliedworked
Oil                    0 bbl  × $ 50.85 =         $0
Casinghead gas        19 Mcf  × $  2.79 =        $53

────────────────────────────────────────────────────
Month total                                      $53

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/7990 is the state's own key, not one this site invented.