WATSON, J. 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 8006District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$19.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$722 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
OilDisposition370,127 bbl$18,300,316
Casinghead gasProduction267,526 Mcf$1,032,178
Total$19,332,494

37,503 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 20261,0100106.413.05$107,474
Apr 202669150398.932.87$69,804
Mar 20261,02951989.753.15$93,987
Feb 20261,03446263.503.75$67,392
Jan 202687442759.138.00$55,095
Dec 202585740656.664.41$50,349
Nov 202567841558.593.93$41,353
Oct 202567547559.383.30$41,651
Sep 202586151162.743.08$55,591
Aug 202569943763.933.01$46,005
Jul 202566650666.743.32$46,126
Jun 202568357766.483.13$47,211
May 202586261260.553.23$54,172
Apr 202585666062.363.54$55,719
Mar 20251,16263167.704.27$81,361
Feb 202570555570.884.34$52,380
Jan 20251,01448974.324.28$77,453
Dec 20241,06146568.993.12$74,650
Nov 202463656569.052.20$45,158
Oct 20241,10672171.372.28$80,580
Sep 202498369569.612.36$70,070
Aug 20241,03471675.632.06$79,679
Jul 20241,38568879.932.15$112,180
Jun 202453347378.082.63$42,863
May 202480662178.812.20$64,886
Apr 202470156184.451.66$60,130
Mar 20241,03559880.301.55$84,034
Feb 202480355576.091.78$62,090
Jan 202469024273.023.30$51,182
Dec 202386231371.262.61$62,243
Nov 202352116077.892.81$41,030
Oct 202384760385.443.09$74,229
Sep 202384662989.042.74$77,048
Aug 202380463180.522.67$66,425
Jul 202382218274.852.64$62,008
Jun 202347561968.962.26$34,154
May 202383255770.622.23$59,997
Apr 202382752878.122.24$65,787
Mar 202365843672.852.39$48,979
Feb 2023667075.112.47$50,098
Jan 202364327776.533.39$50,147
Dec 202270235676.415.73$55,679
Nov 202249141785.005.65$44,089
Oct 202299140687.185.86$88,776
Sep 202254847284.888.16$50,368
Aug 202283551294.529.13$83,597
Jul 2022515576101.587.54$56,658
Jun 2022674526115.097.98$81,767
May 2022671470109.378.43$77,351
Apr 2022507102104.226.84$53,537
Mar 2022651467108.885.08$73,252
Feb 202268636591.054.86$64,234
Jan 202266934581.844.54$56,316
Dec 202167911971.323.90$48,890
Nov 202150029777.435.24$40,270
Oct 202166943579.795.71$55,865
Sep 202151643969.865.35$38,397
Aug 202187549866.024.22$59,869
Jul 202133446170.783.98$25,476
Jun 202171748969.493.38$51,477
May 202169145463.483.02$45,235
Apr 202184747760.362.76$52,441
Mar 202150539461.302.72$32,027
Feb 202133618857.805.55$20,464
Jan 202168437250.412.81$35,526
Dec 202070635944.642.68$32,476
Nov 202051835538.772.71$21,044
Oct 202081535036.972.48$30,998
Sep 202034433937.091.99$13,434
Aug 202093814939.982.39$37,857
Jul 202050851438.371.83$20,430
Jun 202052830534.901.69$18,943
May 202034921916.921.81$6,303
Apr 202085014114.751.80$12,792
Mar 202059927730.341.86$18,688
Feb 202052747149.881.98$27,220
Jan 202083849657.252.09$49,014
Dec 201967648459.012.30$41,006
Nov 201981744055.302.75$46,390
Oct 201969446353.472.42$38,228
Sep 201965853155.052.66$37,634
Aug 201965051353.112.30$35,704
Jul 201950625556.272.46$29,100
Jun 2019339052.782.49$17,892
May 201967843558.482.74$40,841
Apr 201952236262.632.75$33,689
Mar 201955312156.803.06$31,781
Feb 201934825350.852.79$18,402
Jan 201990436546.033.23$42,789
Dec 2018819046.594.19$38,157
Nov 2018543052.934.24$28,741
Oct 201864853761.443.40$41,638
Sep 201867053759.543.11$41,561
Aug 201867455259.403.07$41,728
Jul 201872057465.142.93$48,584
Jun 201852855760.183.08$33,489
May 201870150565.382.90$47,296
Apr 201852736963.842.90$34,714
Mar 201852946061.222.79$33,667
Feb 201869846561.782.77$44,409
Jan 201854544662.874.01$36,052
Dec 201753840857.272.92$32,003
Nov 201770747955.423.12$40,676
Oct 201772332049.292.98$36,591
Sep 201753339447.523.09$26,545
Aug 201772435845.373.00$33,923
Jul 201750436443.873.09$23,234
Jun 201785452142.493.09$37,895
May 201769928245.373.26$32,634
Apr 201755138147.933.21$27,633
Mar 201769749246.772.98$34,067
Feb 201753341050.452.95$28,100
Jan 201785643749.413.42$43,789
Dec 201669735748.763.72$35,315
Nov 201669344242.492.64$30,614
Oct 201673451846.193.09$35,504
Sep 20161,05279841.553.10$46,185
Aug 201687265641.442.92$38,054
Jul 20161,05676041.622.92$46,173
Jun 201688772445.352.69$42,170
May 201691759542.521.99$40,176
Apr 20161,03565936.561.99$39,152
Mar 20161,03662133.011.79$35,312
Feb 201688755026.472.06$24,614
Jan 20161,02657927.352.36$29,430
Dec 20151,17552832.362.00$39,080
Nov 201589263738.792.17$35,981
Oct 20151,03970643.552.43$46,962
Sep 201586370642.992.76$39,048
Aug 20151,23338140.162.87$50,612
Jul 20151,02791748.152.95$52,151
Jun 20151,23486956.152.88$71,794
May 20151,34686455.212.96$76,866
Apr 20151,06888949.822.71$55,614
Mar 20151,42867842.892.93$63,237
Feb 20151,00262744.662.98$46,615
Jan 20151,21157043.433.10$54,361
Dec 20141,05462954.693.59$59,902
Nov 20141,20065370.464.25$87,328
Oct 20141,18883078.303.90$96,258
Sep 20141,22386886.164.05$108,885
Aug 20141,35496189.394.04$124,912
Jul 20141,3941,08896.564.18$139,152
Jun 20141,24394198.164.74$126,470
May 20141,23682394.734.73$120,976
Apr 20141,18290595.944.81$117,753
Mar 20141,4821,06195.895.06$147,474
Feb 201484460697.406.19$85,958
Jan 201484851590.404.86$79,162
Dec 201377646991.824.35$73,295
Nov 20131,02651588.853.74$93,085
Oct 20131,17159597.423.78$116,328
Sep 2013690668104.113.72$74,319
Aug 2013941725104.253.52$100,653
Jul 2013954725102.523.72$100,499
Jun 201384670494.403.93$82,632
May 201384467994.834.15$82,854
Apr 20139561,38493.964.28$95,753
Mar 201383470493.623.91$80,834
Feb 201383555591.233.42$78,075
Jan 201398860891.603.42$92,580
Dec 201285065086.773.42$75,978
Nov 20121,02656586.953.62$91,259
Oct 20121,22084489.383.40$111,913
Sep 201287182094.672.92$84,851
Aug 20121,18585492.662.91$112,286
Jul 20121,01186985.133.02$88,692
Jun 20121,17079279.822.52$95,384
May 20121,01893391.612.49$95,581
Apr 20121,019928101.652.00$105,434
Mar 20121,021929105.052.22$109,320
Feb 2012862709101.102.57$88,971
Jan 20121,21755598.092.73$120,893
Dec 201188142296.873.24$86,710
Nov 20111,03961095.723.31$101,473
Oct 201199764084.983.65$87,060
Sep 201199169183.623.99$85,622
Aug 201182757483.404.15$71,354
Jul 201193154294.144.52$90,093
Jun 20111,01758492.904.64$97,189
May 201188957398.134.40$89,762
Apr 20111,057549105.964.33$114,379
Mar 201178149496.364.06$77,261
Feb 20111,05448785.644.18$92,300
Jan 201187150786.504.59$77,668
Dec 201088843685.734.35$78,024
Nov 201077953680.843.80$65,009
Oct 20101,04458378.103.51$83,582
Sep 20101,05276472.633.98$79,447
Aug 20101,01040173.684.42$76,189
Jul 201083738772.554.74$62,557
Jun 20101,02538070.364.91$73,985
May 201087023771.124.24$62,878
Apr 20101,00542981.694.12$83,867
Mar 201087143878.394.39$70,200
Feb 201082468473.585.44$64,352
Jan 201088057774.365.96$68,878
Dec 20091,19287871.445.48$89,971
Nov 200968970074.593.75$54,019
Oct 200970653372.544.11$53,404
Sep 200989268265.543.06$60,552
Aug 200972482767.423.22$51,474
Jul 200948675061.133.46$32,308
Jun 200968253766.163.90$47,213
May 200934157154.743.93$20,908
Apr 20091,04267346.773.59$51,149
Mar 2009710042.144.06$29,919
Feb 20091,06277232.814.63$38,421
Jan 200985075035.865.37$34,509
Dec 200869263737.105.98$29,481
Nov 200849571355.496.86$32,359
Oct 200853067275.246.92$44,529
Sep 2008344630101.767.88$39,968
Aug 20081,035849114.228.48$125,420
Jul 2008875903131.0811.39$124,980
Jun 2008873902131.3313.03$126,407
May 2008869867123.1711.57$117,070
Apr 20081,067860110.3110.45$126,692
Mar 2008884849101.909.66$98,284
Feb 200873779192.538.77$75,132
Jan 200891687990.388.21$90,001
Dec 200786598888.337.30$83,620
Nov 200788091491.677.29$87,334
Oct 200769192982.856.92$63,680
Sep 200787882975.846.24$71,764
Aug 200788770969.066.39$65,785
Jul 200717063670.906.39$16,116
Jun 200783758862.007.55$56,332
May 200751467858.747.85$35,512
Apr 200767465859.617.81$45,313
Mar 20071,05775956.927.30$65,707
Feb 200750468655.108.22$33,407
Jan 200788476850.306.73$49,631
Dec 200669487856.656.92$45,389
Nov 200687384754.207.62$53,769
Oct 20061,05096054.906.01$63,418
Sep 200699994460.085.04$64,775
Aug 20061,00592568.717.34$75,843
Jul 20061,00994469.376.34$75,982
Jun 200685486066.286.38$62,093
May 20061,02994166.016.42$73,970
Apr 20061,07181564.397.36$74,960
Mar 200689178456.707.08$56,073
Feb 200688278657.597.75$56,887
Jan 200699787560.598.93$68,225
Dec 20051,02179554.9413.42$66,759
Nov 200597685954.6910.59$62,473
Oct 200585784458.3413.80$61,641
Sep 200584574461.4512.08$60,912
Aug 200580382061.519.80$57,426
Jul 20059911,02955.697.84$63,260
Jun 20051,29395952.337.38$74,741
May 200586398945.226.65$45,603
Apr 20051,0071,00449.207.36$56,934
Mar 20051,0581,02250.377.15$60,604
Feb 200588989745.226.31$45,862
Jan 20051,23795843.166.32$59,446
Dec 20041,40599039.866.75$62,687
Nov 200466996745.286.33$36,414
Oct 20041,0411,03749.706.52$58,494
Sep 20041,0741,14743.245.28$52,500
Aug 20041,3081,13242.375.55$61,703
Jul 20041,0651,15438.286.08$47,789
Jun 20041,07286636.106.43$44,270
May 200490288537.486.49$39,555
Apr 20041,01885334.475.86$40,088
Mar 20041,07091534.365.53$41,825
Feb 20041,07982532.455.51$39,559
Jan 20041,23696232.036.30$45,649
Dec 20031,02395330.266.30$36,961
Nov 200398867828.804.60$31,570
Oct 20031,3441,25228.174.76$43,820
Sep 20038611,30526.314.75$28,851
Aug 20031,1751,38529.765.13$42,073
Jul 20031,3291,56229.415.17$47,163
Jun 20031,3501,31928.565.98$46,448
May 20036931,10726.595.97$25,039
Apr 20031,21099326.675.41$37,640
Mar 200348598031.146.10$21,077
Feb 200388790233.487.93$36,846
Jan 20031,0551,08430.315.58$38,028
Dec 20028791,04726.914.85$28,736
Nov 20027981,07024.664.14$24,105
Oct 20021,0541,23526.464.23$33,112
Sep 20025071,01727.443.64$17,609
Aug 20021,0111,24425.963.16$30,182
Jul 20029001,27824.583.06$26,035
Jun 20029381,30223.733.34$26,605
May 20029481,31124.663.58$28,076
Apr 20029491,22723.653.51$26,753
Mar 20021,0451,25122.003.10$26,872
Feb 20025281,22918.222.38$12,540
Jan 20029551,10017.172.38$19,011
Dec 20019251,01716.932.36$18,065
Nov 20018831,25418.072.41$18,972
Oct 20019971,02619.782.53$22,315
Sep 200174589224.262.25$20,082
Aug 200199498724.873.05$27,734
Jul 20018631,08623.933.20$24,124
Jun 200190595024.563.82$25,860
May 200190692825.524.31$27,118
Apr 200184991224.685.34$25,819
Mar 200184983824.545.38$25,340
Feb 200173753927.755.77$23,560
Jan 200170669327.478.40$25,214
Dec 200022951926.889.12$10,890
Nov 200081752732.215.66$29,297
Oct 200083352431.235.15$28,711
Sep 200070149731.875.19$24,919
Aug 200078756329.644.54$25,883
Jul 200075159728.534.09$23,868
Jun 200071056329.304.40$23,279
May 200071458227.263.68$21,605
Apr 200075456124.513.12$20,229
Mar 200077954528.422.86$23,698
Feb 200080552327.622.73$23,660
Jan 200088542625.272.48$23,421
Dec 199993742624.282.42$23,783
Nov 199978639323.192.43$19,184
Oct 199969540320.982.80$15,711
Sep 199976238421.752.62$17,579
Aug 199981655519.262.88$17,312
Jul 199985050517.892.37$16,405
Jun 199976847715.942.36$13,369
May 199989642515.792.32$15,134
Apr 199986644915.102.21$14,068
Mar 199991743712.471.84$12,238
Feb 19997094399.981.82$7,874
Jan 199965641710.381.90$7,602
Dec 19989075399.201.77$9,300
Nov 19981,09557110.892.19$13,173
Oct 19981,01751012.421.97$13,635
Sep 19981,08563512.592.08$14,983
Aug 19981,15572311.301.91$14,431
Jul 19981,11475811.742.24$14,774
Jun 19981,22376311.242.24$15,454
May 19981,10973112.622.21$15,608
Apr 19981,11160013.042.51$15,991
Mar 199897348112.802.31$13,565
Feb 19981,08561613.952.30$16,552
Jan 19981,25166114.702.15$19,814
Dec 19971,29167616.322.41$22,699
Nov 19971,25265218.193.09$24,787
Oct 19971,31176219.253.15$27,637
Sep 19971,24077017.742.95$24,273
Aug 19971,10878117.862.55$21,784
Jul 19971,23978417.582.25$23,543
Jun 19971,25670717.242.26$23,249
May 19971,29080818.972.31$26,337
Apr 19971,36066017.882.08$25,691
Mar 19971,05372818.951.94$21,366
Feb 19971,16861020.492.21$25,278
Jan 19971,22971123.483.54$31,374
Dec 19961,42783823.32$33,278
Nov 19961,19580321.97$26,254
Oct 19961,31983023.31$30,746
Sep 19961,30282622.22$28,930
Aug 19961,29881420.26$26,297
Jul 19961,36579819.55$26,686
Jun 19961,11571718.73$20,884
May 19961,22671919.43$23,821
Apr 19961,39972521.51$30,092
Mar 19961,33571619.38$25,872
Feb 19961,33475216.98$22,651
Jan 19961,33680017.07$22,806
Dec 19951,34280817.19$23,069
Nov 19951,25179116.00$20,016
Oct 19951,38884815.43$21,417
Sep 19951,27484316.18$20,613
Aug 19951,28978515.92$20,521
Jul 19951,35982615.24$20,711
Jun 19951,30076516.41$21,333
May 19951,32976517.56$23,337
Apr 19951,28172117.73$22,712
Mar 19951,34070616.44$22,030
Feb 19951,10959416.58$18,387
Jan 19951,34662315.92$21,428
Dec 19941,19069715.03$17,886
Nov 19941,31564615.90$20,909
Oct 19941,17171015.58$18,244
Sep 19941,22974615.29$18,791
Aug 19941,40486416.13$22,647
Jul 19941,33989017.56$23,513
Jun 19941,21885317.09$20,816
May 19941,43188515.88$22,724
Apr 19941,32777414.14$18,764
Mar 19941,49345112.46$18,603
Feb 199485255512.50$10,650
Jan 19941,29885112.66$16,433
Dec 19931,45981712.33$17,989
Nov 19931,31079914.49$18,982
Oct 19931,30883415.85$20,732
Sep 19931,40887215.03$21,162
Aug 19931,32190315.66$20,687
Jul 19931,35492815.46$20,933
Jun 19931,31986216.79$22,146
May 19931,42190417.68$25,123
Apr 19931,35286218.05$24,404
Mar 19931,50381918.14$27,264
Feb 19931,21572317.90$21,749
Jan 19931,32784516.93$22,466

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                1,010 bbl  × $106.41 =   $107,474
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                 $107,474

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/8006 is the state's own key, not one this site invented.