KING, A. A. -A-

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 8039District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$22.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$771 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
OilDisposition521,298 bbl$20,814,111
Casinghead gasProduction385,293 Mcf$1,245,479
Total$22,059,590

78,631 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 20267030106.413.05$74,806
Apr 20261,00968398.932.87$101,780
Mar 202669690489.753.15$65,313
Feb 20261,01879263.503.75$67,613
Jan 202670892959.138.00$49,294
Dec 202588097556.664.41$54,164
Nov 202585796558.593.93$54,001
Oct 20251,0391,00459.383.30$65,014
Sep 202587691062.743.08$57,760
Aug 20258761,03863.933.01$59,132
Jul 20258771,04466.743.32$61,992
Jun 202586892466.483.13$60,596
May 20258701,02060.553.23$55,975
Apr 20258891,00362.363.54$58,992
Mar 202589983967.704.27$64,443
Feb 202583079270.884.34$62,268
Jan 202582885674.324.28$65,200
Dec 202483680868.993.12$60,198
Nov 202487577369.052.20$62,118
Oct 202482858671.372.28$60,431
Sep 202466261569.612.36$47,536
Aug 20241,07292475.632.06$82,982
Jul 20241,0511,09679.932.15$86,359
Jun 202453452778.082.63$43,083
May 20248641,17178.812.20$70,666
Apr 202490997484.451.66$78,381
Mar 20249411,22480.301.55$77,454
Feb 20248781,05776.091.78$68,692
Jan 202476295673.023.30$58,794
Dec 202393096971.262.61$68,802
Nov 2023947077.892.81$73,762
Oct 20239161,19185.443.09$81,940
Sep 202389597089.042.74$82,344
Aug 202372989080.522.67$61,078
Jul 20238881,02674.852.64$69,177
Jun 20233521,09468.962.26$26,745
May 202386997970.622.23$63,549
Apr 202370498078.122.24$57,189
Mar 202394175072.852.39$70,347
Feb 2023685075.112.47$51,450
Jan 202375971576.533.39$60,508
Dec 202292387476.415.73$75,534
Nov 202271985685.005.65$65,948
Oct 202290487087.185.86$83,912
Sep 202273684284.888.16$69,346
Aug 202294181694.529.13$96,391
Jul 2022887855101.587.54$96,550
Jun 2022723790115.097.98$89,512
May 2022734821109.378.43$87,201
Apr 2022998821104.226.84$109,625
Mar 2022762775108.885.08$86,901
Feb 202278077391.054.86$74,775
Jan 20221,0872,04981.844.54$98,258
Dec 202175193571.323.90$57,207
Nov 202187776677.435.24$71,918
Oct 202173468779.795.71$62,491
Sep 202187565369.865.35$64,622
Aug 202170076366.024.22$49,434
Jul 202184180770.783.98$62,740
Jun 202189278469.493.38$64,635
May 202186966363.483.02$57,165
Apr 202171377860.362.76$45,183
Mar 202184866261.302.72$53,781
Feb 202117314857.805.55$10,821
Jan 202188930950.412.81$45,683
Dec 202090055744.642.68$41,666
Nov 202091259038.772.71$36,955
Oct 202083964136.972.48$32,607
Sep 20201,05266337.091.99$40,339
Aug 20201,06569939.982.39$44,246
Jul 202069967838.371.83$28,058
Jun 202090161334.901.69$32,481
May 202069653816.921.81$12,753
Apr 202089383414.751.80$14,677
Mar 20201,07992730.341.86$34,458
Feb 202088886749.881.98$46,011
Jan 20201,25795757.252.09$73,968
Dec 201988398059.012.30$54,364
Nov 20191,24895255.302.75$71,633
Oct 20191,02595053.472.42$57,104
Sep 20191,0251,04855.052.66$59,211
Aug 20191,0171,06253.112.30$56,460
Jul 201986369256.272.46$50,263
Jun 2019869052.782.49$45,866
May 201986880658.482.74$52,969
Apr 201988360362.632.75$56,961
Mar 20191,09551956.803.06$63,785
Feb 201989136150.852.79$46,315
Jan 20191,04360246.033.23$49,953
Dec 20181,024046.594.19$47,708
Nov 20181,096052.934.24$58,011
Oct 201870782661.443.40$46,245
Sep 201886582659.543.11$54,069
Aug 201888185659.403.07$54,956
Jul 20181,04485065.142.93$70,498
Jun 20181,04286960.183.08$65,381
May 201886868265.382.90$58,728
Apr 201855555963.842.90$37,053
Mar 201855062261.222.79$35,404
Feb 201873862261.782.77$47,314
Jan 201870667562.874.01$47,093
Dec 201774165057.272.92$44,336
Nov 201753766855.423.12$31,844
Oct 201774767649.292.98$38,837
Sep 201792365947.523.09$45,895
Aug 201755272345.373.00$27,216
Jul 201772569443.873.09$33,948
Jun 201767646342.493.09$30,153
May 201736145845.373.26$17,873
Apr 201755752547.933.21$28,383
Mar 201754852146.772.98$27,184
Feb 201754646450.452.95$28,916
Jan 201788670249.413.42$46,177
Dec 201671762048.763.72$37,269
Nov 201674072142.492.64$33,349
Oct 201692088446.193.09$45,227
Sep 201691281541.553.10$40,421
Aug 201688874841.442.92$38,986
Jul 201669388241.622.92$31,422
Jun 20161,06484945.352.69$50,533
May 201669674642.521.99$31,079
Apr 20161,12673236.561.99$42,624
Mar 201688476633.011.79$30,555
Feb 201684875826.472.06$24,011
Jan 201687857127.352.36$25,363
Dec 201574363532.362.00$25,314
Nov 201590280238.792.17$36,727
Oct 201589785843.552.43$41,146
Sep 20151,09387142.992.76$49,391
Aug 201587785840.162.87$37,685
Jul 201591787148.152.95$46,719
Jun 20151,08886856.152.88$63,594
May 20151,10986555.212.96$63,784
Apr 201575275549.822.71$39,508
Mar 20151,13588642.892.93$51,280
Feb 201588386944.662.98$42,021
Jan 20151,11988943.433.10$51,355
Dec 20141,13477654.693.59$64,805
Nov 201490070870.464.25$66,424
Oct 20141,11076478.303.90$89,893
Sep 201492280586.164.05$82,696
Aug 20141,07196289.394.04$99,618
Jul 201471787996.564.18$72,907
Jun 20141,2751,07998.164.74$130,265
May 201492567394.734.73$90,806
Apr 201455854395.944.81$56,146
Mar 201472850395.895.06$72,351
Feb 201455354697.406.19$57,243
Jan 201475082590.404.86$71,810
Dec 201387259391.824.35$82,649
Nov 201355482488.853.74$52,303
Oct 201354585897.423.78$56,337
Sep 2013546589104.113.72$59,034
Aug 2013559542104.253.52$60,185
Jul 2013553750102.523.72$59,482
Jun 201390463294.403.93$87,824
May 201355343694.834.15$54,250
Apr 201355238993.964.28$53,532
Mar 201374045893.623.91$71,071
Feb 201338237591.233.42$36,132
Jan 201355143991.603.42$51,973
Dec 201256144386.773.42$50,193
Nov 201232643386.953.62$29,915
Oct 201286443289.383.40$78,693
Sep 201254250094.672.92$52,770
Aug 201236655792.662.91$35,533
Jul 201255052285.133.02$48,398
Jun 201237544179.822.52$31,043
May 201254344191.612.49$50,842
Apr 2012364423101.652.00$37,845
Mar 2012885417105.052.22$93,896
Feb 20120360101.102.57$925
Jan 201254542798.092.73$54,627
Dec 201155043196.873.24$54,675
Nov 201155644395.723.31$54,687
Oct 201134646784.983.65$31,107
Sep 201169244183.623.99$59,623
Aug 201118248883.404.15$17,204
Jul 201179650594.144.52$77,217
Jun 201134244892.904.64$33,850
May 201135242598.134.40$36,414
Apr 2011408431105.964.33$45,099
Mar 20111,26049796.364.06$123,430
Feb 201154945785.644.18$48,927
Jan 201157248986.504.59$51,722
Dec 201067952385.734.35$60,485
Nov 201052865380.843.80$45,162
Oct 201052357778.103.51$42,871
Sep 20101,07959272.633.98$80,724
Aug 201054673073.684.42$43,455
Jul 201086978172.554.74$66,745
Jun 201089776870.364.91$66,884
May 201095778571.124.24$71,386
Apr 201098571581.694.12$83,412
Mar 20101,04869978.394.39$85,220
Feb 201095459273.585.44$73,417
Jan 201073149374.365.96$57,297
Dec 200984144371.445.48$62,510
Nov 200934019074.593.75$26,073
Oct 200966741972.544.11$50,106
Sep 200979056265.543.06$53,499
Aug 200965744667.423.22$45,730
Jul 200976950061.133.46$48,741
Jun 200979853866.163.90$54,891
May 200995661254.743.93$54,734
Apr 200994963846.773.59$46,674
Mar 20091,03569542.144.06$46,436
Feb 200994956732.814.63$33,764
Jan 20091,01262735.865.37$39,658
Dec 20081,01761137.105.98$41,383
Nov 20081,16373355.496.86$69,564
Oct 200886044675.246.92$67,794
Sep 2008805526101.767.88$86,060
Aug 20081,041816114.228.48$125,825
Jul 20081,323834131.0811.39$182,918
Jun 2008918614131.3313.03$128,563
May 20081,229683123.1711.57$159,281
Apr 20081,007487110.3110.45$116,174
Mar 2008900557101.909.66$97,093
Feb 200882854392.538.77$81,377
Jan 20081,19273890.388.21$113,789
Dec 20071,26692888.337.30$118,602
Nov 20071,07466891.677.29$103,324
Oct 20071,09670682.856.92$95,691
Sep 20071,12882375.846.24$90,686
Aug 20071,20990969.066.39$89,300
Jul 200772259970.906.39$55,016
Jun 200799575362.007.55$67,374
May 20071,17785358.747.85$75,830
Apr 20071,06477059.617.81$69,435
Mar 200792254256.927.30$56,438
Feb 200787452855.108.22$52,495
Jan 20071,05771050.306.73$57,943
Dec 200679867256.656.92$49,856
Nov 20061,04272554.207.62$61,999
Oct 20061,11183154.906.01$65,991
Sep 200698180960.085.04$63,014
Aug 200687875368.717.34$65,854
Jul 200684473569.376.34$63,210
Jun 20061,16178566.286.38$81,962
May 20061,2511,00466.016.42$89,029
Apr 20061,15989964.397.36$81,245
Mar 200699876856.707.08$62,026
Feb 20061,03671857.597.75$65,229
Jan 20061,27495860.598.93$85,750
Dec 20051,3141,01254.9413.42$85,768
Nov 20051,25395854.6910.59$78,670
Oct 200573545958.3413.80$49,212
Sep 20051,05576961.4512.08$74,119
Aug 20051,1781,06361.519.80$82,873
Jul 20051,3101,11855.697.84$81,723
Jun 20051,23796152.337.38$71,825
May 20051,4011,24845.226.65$71,654
Apr 20051,4111,16749.207.36$78,011
Mar 20051,3581,08550.377.15$76,166
Feb 20051,09988845.226.31$55,302
Jan 20051,10892943.166.32$53,695
Dec 20041,32495139.866.75$59,195
Nov 20041,3101,04345.286.33$65,919
Oct 20041,3881,12749.706.52$76,326
Sep 20041,11199743.245.28$53,308
Aug 20041,17895842.375.55$55,229
Jul 20041,3651,05538.286.08$58,671
Jun 20041,15289536.106.43$47,345
May 20041,3381,05737.486.49$57,013
Apr 20041,4751,09634.475.86$57,264
Mar 20041,24493434.365.53$47,909
Feb 20041,35229132.455.51$45,476
Jan 20041,38489932.036.30$49,993
Dec 20031,4471,04230.266.30$50,353
Nov 20031,3541,08428.804.60$43,976
Oct 20031,4581,24328.174.76$46,988
Sep 20031,3741,19026.314.75$41,802
Aug 20031,5821,28129.765.13$53,651
Jul 20031,5611,42429.415.17$53,272
Jun 20031,4521,27428.565.98$49,091
May 20031,4181,10326.595.97$44,292
Apr 20031,3731,03226.675.41$42,198
Mar 20031,4431,07831.146.10$51,507
Feb 20031,5471,10733.487.93$60,568
Jan 20031,4081,05930.315.58$48,588
Dec 20021,6691,21626.914.85$50,815
Nov 20021,6901,30324.664.14$47,066
Oct 20021,6391,24426.464.23$48,629
Sep 20021,1731,04027.443.64$35,968
Aug 20021,3591,12625.963.16$38,842
Jul 20021,5151,29424.583.06$41,201
Jun 20021,5491,28123.733.34$41,034
May 20021,6301,36024.663.58$45,070
Apr 20021,6821,19923.653.51$43,991
Mar 20021,4721,12822.003.10$35,884
Feb 20021,4411,07418.222.38$28,807
Jan 20021,5421,14917.172.38$29,206
Dec 20011,6551,16316.932.36$30,769
Nov 20011,6641,25018.072.41$33,075
Oct 20011,7801,32719.782.53$38,564
Sep 20011,7211,44624.262.25$45,007
Aug 20011,8071,12224.873.05$48,366
Jul 20011,92474523.933.20$48,423
Jun 20011,6811,30224.563.82$46,264
May 20011,8961,42925.524.31$54,541
Apr 20011,7921,03024.685.34$49,722
Mar 20011,85296724.545.38$50,647
Feb 20011,80452627.755.77$53,094
Jan 20011,68042227.478.40$49,694
Dec 20001,42649626.889.12$42,856
Nov 20001,6401,03032.215.66$58,652
Oct 20001,8241,10931.235.15$62,670
Sep 20001,7901,12531.875.19$62,882
Aug 20002,0011,28229.644.54$65,131
Jul 20001,8151,33428.534.09$57,238
Jun 20001,7111,30729.304.40$55,880
May 20001,7691,30227.263.68$53,014
Apr 20001,7131,26824.513.12$45,937
Mar 20001,8591,31628.422.86$56,596
Feb 20001,7551,18027.622.73$51,690
Jan 20001,5791,17425.272.48$42,813
Dec 19991,8951,17424.282.42$48,856
Nov 19991,9471,19523.192.43$48,060
Oct 19991,8881,24220.982.80$43,092
Sep 19991,8331,39621.752.62$43,524
Aug 19991,9781,45719.262.88$42,286
Jul 19991,9401,44317.892.37$38,130
Jun 19991,8321,40815.942.36$32,528
May 19992,0051,46015.792.32$35,048
Apr 19991,9521,49215.102.21$32,770
Mar 19992,0301,38012.471.84$27,851
Feb 19992,0091,6149.981.82$22,984
Jan 19992,1751,71310.381.90$25,831
Dec 19982,2381,6029.201.77$23,430
Nov 19982,5631,74810.892.19$31,732
Oct 19982,3301,88112.421.97$32,643
Sep 19982,2591,89012.592.08$32,377
Aug 19982,3301,94711.301.91$30,043
Jul 19982,3311,98711.742.24$31,811
Jun 19982,5591,93411.242.24$33,090
May 19982,4331,85712.622.21$34,802
Apr 19982,5581,86513.042.51$38,029
Mar 19982,6411,76612.802.31$37,883
Feb 19982,3821,62313.952.30$36,960
Jan 19982,3071,73714.702.15$37,656
Dec 19972,6731,66116.322.41$47,628
Nov 19972,56099718.193.09$49,645
Oct 19972,6411,67119.253.15$56,103
Sep 19972,6511,85417.742.95$52,507
Aug 19972,7381,78017.862.55$53,448
Jul 19972,8951,74117.582.25$54,806
Jun 19972,1651,50217.242.26$40,715
May 19972,2411,53118.972.31$46,046
Apr 19972,1671,71417.882.08$42,316
Mar 19972,2361,03818.951.94$44,385
Feb 19972,0241,07620.492.21$43,845
Jan 19972,1931,40023.483.54$56,447
Dec 19962,1411,30123.32$49,928
Nov 19962,1351,30921.97$46,906
Oct 19962,2631,42423.31$52,751
Sep 19962,1361,30222.22$47,462
Aug 19962,2071,20520.26$44,714
Jul 19962,3191,35619.55$45,336
Jun 19962,0231,36718.73$37,891
May 19961,9891,42219.43$38,646
Apr 19961,9241,47821.51$41,385
Mar 19961,9931,34019.38$38,624
Feb 19961,8611,27416.98$31,600
Jan 19962,0011,35117.07$34,157
Dec 19951,9881,13117.19$34,174
Nov 19951,9221,26116.00$30,752
Oct 19951,9891,42715.43$30,690
Sep 19951,8831,37716.18$30,467
Aug 19951,9351,42715.92$30,805
Jul 19951,9901,59315.24$30,328
Jun 19952,2431,52616.41$36,808
May 19952,3621,39117.56$41,477
Apr 19952,6451,64517.73$46,896
Mar 19952,5771,56916.44$42,366
Feb 19952,0951,37816.58$34,735
Jan 19952,5771,62815.92$41,026
Dec 19942,7031,72515.03$40,626
Nov 19942,6141,51115.90$41,563
Oct 19942,7061,14315.58$42,159
Sep 19943,2121,74615.29$49,111
Aug 19942,7401,73716.13$44,196
Jul 19942,7361,99817.56$48,044
Jun 19942,9541,96917.09$50,484
May 19942,8511,87215.88$45,274
Apr 19943,0692,10014.14$43,396
Mar 19943,3161,78912.46$41,317
Feb 19942,7421,50812.50$34,275
Jan 19943,0461,88712.66$38,562
Dec 19933,2491,67612.33$40,060
Nov 19933,1921,83914.49$46,252
Oct 19933,2321,95915.85$51,227
Sep 19933,3872,11115.03$50,907
Aug 19933,5452,03615.66$55,515
Jul 19933,6532,20915.46$56,475
Jun 19933,3802,02016.79$56,750
May 19933,5502,17317.68$62,764
Apr 19933,5292,10918.05$63,698
Mar 19933,8072,04318.14$69,059
Feb 19933,5541,90017.90$63,617
Jan 19933,7462,08916.93$63,420

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                  703 bbl  × $106.41 =    $74,806
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $74,806

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/8039 is the state's own key, not one this site invented.