SMITH, O. F.

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 8171District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$9.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$204 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
OilDisposition180,990 bbl$8,925,692
Casinghead gasProduction102,312 Mcf$395,762
Total$9,321,454

13,944 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 20261710106.413.05$18,196
Apr 202617411898.932.87$17,552
Mar 202616919289.753.15$15,772
Feb 202633812663.503.75$21,936
Jan 202617712759.138.00$11,482
Dec 202535312556.664.41$20,553
Nov 20251756558.593.93$10,508
Oct 20253396959.383.30$20,358
Sep 202535111062.743.08$22,360
Aug 20251785463.933.01$11,542
Jul 202517410366.743.32$11,954
Jun 202532711266.483.13$22,089
May 202518311560.553.23$11,452
Apr 202535512762.363.54$22,588
Mar 20251669267.704.27$11,631
Feb 20251884470.884.34$13,516
Jan 20251708174.324.28$12,981
Dec 202418315268.993.12$13,100
Nov 202431613869.052.20$22,123
Oct 202431618071.372.28$22,964
Sep 202415714669.612.36$11,274
Aug 202415217875.632.06$11,863
Jul 20241566979.932.15$12,617
Jun 202433312178.082.63$26,319
May 202434721178.812.20$27,811
Apr 202419019584.451.66$16,369
Mar 202417117180.301.55$13,996
Feb 202417517976.091.78$13,635
Jan 202434010273.023.30$25,163
Dec 202335818571.262.61$25,994
Nov 202307977.892.81$222
Oct 20231857985.443.09$16,050
Sep 202315814889.042.74$14,473
Aug 202330617780.522.67$25,112
Jul 2023012774.852.64$336
Jun 20231497768.962.26$10,449
May 20231486570.622.23$10,597
Apr 20233205878.122.24$25,128
Mar 2023166072.852.39$12,093
Feb 20230075.112.47$0
Jan 202306276.533.39$210
Dec 20221755176.415.73$13,664
Nov 202217010785.005.65$15,054
Oct 20221576587.185.86$14,068
Sep 20221589184.888.16$14,154
Aug 202208794.529.13$794
Jul 2022184105101.587.54$19,483
Jun 2022152126115.097.98$18,499
May 2022341169109.378.43$38,720
Apr 2022333169104.226.84$35,861
Mar 2022336164108.885.08$37,416
Feb 202234110891.054.86$31,573
Jan 20221725281.844.54$14,312
Dec 202133415771.323.90$24,433
Nov 202151815477.435.24$40,915
Oct 202116911479.795.71$14,136
Sep 202133812069.865.35$24,255
Aug 202117211766.024.22$11,849
Jul 202116515070.783.98$12,276
Jun 202130617169.493.38$21,842
May 202115216463.483.02$10,144
Apr 20211729560.362.76$10,644
Mar 2021152961.302.72$9,342
Feb 2021154057.805.55$8,901
Jan 20211633450.412.81$8,312
Dec 202015613244.642.68$7,317
Nov 202018513138.772.71$7,527
Oct 202017314436.972.48$6,753
Sep 202017813837.091.99$6,877
Aug 202031215139.982.39$12,834
Jul 202018616938.371.83$7,445
Jun 202034218334.901.69$12,245
May 202017614616.921.81$3,243
Apr 20201787614.751.80$2,763
Mar 20203429630.341.86$10,554
Feb 20201723949.881.98$8,657
Jan 20201788657.252.09$10,371
Dec 201917812259.012.30$10,785
Nov 201934912955.302.75$19,655
Oct 201951021053.472.42$27,778
Sep 201952322455.052.66$29,386
Aug 201934120653.112.30$18,585
Jul 201936122956.272.46$20,877
Jun 201948919452.782.49$26,293
May 201933416858.482.74$19,993
Apr 201951120162.632.75$32,557
Mar 201952018456.803.06$30,099
Feb 201934616050.852.79$18,041
Jan 201951917146.033.23$24,442
Dec 201837219246.594.19$18,135
Nov 201852120752.934.24$28,454
Oct 201852419161.443.40$32,844
Sep 201834419159.543.11$21,075
Aug 201853126359.403.07$32,348
Jul 201852624865.142.93$34,991
Jun 201835626160.183.08$22,227
May 201853529465.382.90$35,831
Apr 201854525463.842.90$35,530
Mar 201817924561.222.79$11,641
Feb 201855124561.782.77$34,718
Jan 201833612662.874.01$21,629
Dec 201754919457.272.92$32,008
Nov 201735523955.423.12$20,419
Oct 201752824649.292.98$26,759
Sep 201754426847.523.09$26,678
Aug 201734722445.373.00$16,416
Jul 201754424243.873.09$24,612
Jun 201734723242.493.09$15,460
May 201752821945.373.26$24,670
Apr 201734421347.933.21$17,172
Mar 201756024846.772.98$26,931
Feb 201750021050.452.95$25,845
Jan 201736022049.413.42$18,540
Dec 201651121748.763.72$25,724
Nov 201651523642.492.64$22,506
Oct 201654626446.193.09$26,036
Sep 201652925041.553.10$22,755
Aug 201653625141.442.92$22,946
Jul 201635221041.622.92$15,264
Jun 201651823645.352.69$24,125
May 201651526442.521.99$22,423
Apr 201651524536.561.99$19,316
Mar 201654223933.011.79$18,320
Feb 201653023526.472.06$14,514
Jan 201651425527.352.36$14,661
Dec 201553925332.362.00$17,948
Nov 201553820038.792.17$21,302
Oct 201554922343.552.43$24,450
Sep 201537623642.992.76$16,815
Aug 201554125740.162.87$22,465
Jul 201552926748.152.95$26,258
Jun 201573125656.152.88$41,784
May 201556921555.212.96$32,050
Apr 201536622249.822.71$18,835
Mar 201557424942.892.93$25,350
Feb 201555922444.662.98$25,632
Jan 201555018743.433.10$24,466
Dec 201457624954.693.59$32,396
Nov 201451321870.464.25$37,073
Oct 201437218978.303.90$29,865
Sep 201452320686.164.05$45,895
Aug 201467415389.394.04$60,866
Jul 20143448796.564.18$33,580
Jun 201454320898.164.74$54,286
May 201468122194.734.73$65,556
Apr 201455520295.944.81$54,218
Mar 201435617295.895.06$35,007
Feb 201455617897.406.19$55,257
Jan 201454117490.404.86$49,752
Dec 201355320291.824.35$51,656
Nov 201353319988.853.74$48,101
Oct 201353621997.423.78$53,045
Sep 2013530207104.113.72$55,948
Aug 2013554228104.253.52$58,558
Jul 2013542223102.523.72$56,395
Jun 201368020594.403.93$64,998
May 201357018994.834.15$54,837
Apr 201355019193.964.28$52,496
Mar 201336918393.623.91$35,262
Feb 201355714791.233.42$51,318
Jan 201353716791.603.42$49,760
Dec 201252315486.773.42$45,907
Nov 201252121586.953.62$46,080
Oct 201271727989.383.40$65,034
Sep 201255129194.672.92$53,012
Aug 201255726192.662.91$52,371
Jul 201253528685.133.02$46,409
Jun 201254724279.822.52$44,271
May 201255516391.612.49$51,249
Apr 2012534172101.652.00$54,625
Mar 2012547172105.052.22$57,845
Feb 2012563174101.102.57$57,367
Jan 201255419498.092.73$54,872
Dec 201155618396.873.24$54,453
Nov 201153319195.723.31$51,651
Oct 201155018184.983.65$47,399
Sep 201156320583.623.99$47,895
Aug 201152026283.404.15$44,455
Jul 201154426494.144.52$52,405
Jun 201155828292.904.64$53,147
May 201155726798.134.40$55,835
Apr 2011529251105.964.33$57,140
Mar 201152025396.364.06$51,134
Feb 201138018085.644.18$33,296
Jan 201165125586.504.59$57,482
Dec 201054921985.734.35$48,018
Nov 201067925080.843.80$55,839
Oct 201051429078.103.51$41,161
Sep 201072929872.633.98$54,133
Aug 201070230773.684.42$53,080
Jul 201052926872.554.74$39,648
Jun 201055049270.364.91$41,114
May 201073159471.124.24$54,504
Apr 201054158881.694.12$46,618
Mar 201073060078.394.39$59,858
Feb 201035641673.585.44$28,459
Jan 201054643074.365.96$43,165
Dec 200955255471.445.48$42,473
Nov 200954729774.593.75$41,915
Oct 200952944672.544.11$40,207
Sep 200936854465.543.06$25,786
Aug 200953058067.423.22$37,599
Jul 200954057861.133.46$35,013
Jun 200936758666.163.90$26,563
May 200954156854.743.93$31,844
Apr 200936654846.773.59$19,084
Mar 200955428142.144.06$24,486
Feb 200937349432.814.63$14,527
Jan 200953748235.865.37$21,846
Dec 200854557037.105.98$23,626
Nov 200837256855.496.86$24,539
Oct 200867057475.246.92$54,384
Sep 2008181292101.767.88$20,719
Aug 2008493450114.228.48$60,128
Jul 2008347508131.0811.39$51,271
Jun 2008494494131.3313.03$71,315
May 2008499490123.1711.57$67,133
Apr 2008561542110.3110.45$67,550
Mar 2008362263101.909.66$39,429
Feb 200835749292.538.77$37,348
Jan 200855824190.388.21$52,410
Dec 200736726688.337.30$34,359
Nov 200737451091.677.29$38,003
Oct 200755728882.856.92$48,141
Sep 200753426675.846.24$42,160
Aug 200735328769.066.39$26,212
Jul 200753828770.906.39$39,978
Jun 200754027262.007.55$35,533
May 200772063258.747.85$47,252
Apr 200734526259.617.81$22,610
Mar 200752828456.927.30$32,128
Feb 200753725355.108.22$31,667
Jan 200773730050.306.73$39,089
Dec 200673532256.656.92$43,865
Nov 200635621954.207.62$20,963
Oct 200655023854.906.01$31,626
Sep 200637526860.085.04$23,880
Aug 200651226768.717.34$37,139
Jul 200637427369.376.34$27,676
Jun 200669823666.286.38$47,770
May 200637324266.016.42$26,177
Apr 200636118964.397.36$24,636
Mar 200636924056.707.08$22,622
Feb 200636321257.597.75$22,548
Jan 200653024660.598.93$34,310
Dec 200537615754.9413.42$22,764
Nov 200536015254.6910.59$21,298
Oct 200536915458.3413.80$23,652
Sep 200555022961.4512.08$36,564
Aug 200537231561.519.80$25,968
Jul 200536931855.697.84$23,044
Jun 200557933752.337.38$32,786
May 200537527245.226.65$18,767
Apr 200538226949.207.36$20,774
Mar 200538224750.377.15$21,009
Feb 200535721145.226.31$17,475
Jan 200538729043.166.32$18,536
Dec 200449524239.866.75$21,364
Nov 200437632845.286.33$19,102
Oct 200438034349.706.52$21,121
Sep 200454932743.245.28$25,467
Aug 200438331342.375.55$17,965
Jul 200437428238.286.08$16,032
Jun 200418335136.106.43$8,864
May 200437623237.486.49$15,599
Apr 200437132334.475.86$14,681
Mar 200437032334.365.53$14,499
Feb 200455932432.455.51$19,925
Jan 200437341032.036.30$14,530
Dec 200356736430.266.30$19,451
Nov 200344641128.804.60$14,733
Oct 200337844628.174.76$12,771
Sep 200356534226.314.75$16,489
Aug 200337740229.765.13$13,282
Jul 200356539729.415.17$18,669
Jun 200337437728.565.98$12,937
May 200355444226.595.97$17,371
Apr 200355044726.675.41$17,086
Mar 200337244931.146.10$14,321
Feb 200337134633.487.93$15,163
Jan 200337740830.315.58$13,704
Dec 200239730126.914.85$12,144
Nov 200237635024.664.14$10,720
Oct 200255047626.464.23$16,566
Sep 200235439127.443.64$11,135
Aug 200249938825.963.16$14,182
Jul 200251337824.583.06$13,767
Jun 200236936823.733.34$9,985
May 200251848124.663.58$14,498
Apr 200270645223.653.51$18,284
Mar 200235837322.003.10$9,033
Feb 200245738518.222.38$9,241
Jan 200251545617.172.38$9,926
Dec 200170439816.932.36$12,860
Nov 200155731418.072.41$10,820
Oct 200170838219.782.53$14,970
Sep 200153441024.262.25$13,878
Aug 200155633024.873.05$14,835
Jul 200153946323.933.20$14,379
Jun 200172240024.563.82$19,262
May 20011,00639525.524.31$27,375
Apr 200134337124.685.34$10,445
Mar 200153043524.545.38$15,345
Feb 200157238027.755.77$18,064
Jan 20013756127.478.40$10,814
Dec 200057828726.889.12$18,155
Nov 200038028432.215.66$13,847
Oct 200054333431.235.15$18,676
Sep 200038024431.875.19$13,376
Aug 200056124429.644.54$17,736
Jul 200055330528.534.09$17,024
Jun 200057338929.304.40$18,499
May 200057927227.263.68$16,784
Apr 200053225324.513.12$13,828
Mar 200054133228.422.86$16,325
Feb 200058623027.622.73$16,812
Jan 200049019425.272.48$12,864
Dec 199938818924.282.42$9,879
Nov 199953819823.192.43$12,958
Oct 199938620720.982.80$8,679
Sep 199938719321.752.62$8,923
Aug 199946723219.262.88$9,662
Jul 199937821717.892.37$7,277
Jun 199945923815.942.36$7,879
May 199938221815.792.32$6,538
Apr 19993849815.102.21$6,015
Mar 199938822812.471.84$5,258
Feb 19993882349.981.82$4,298
Jan 199939217010.381.90$4,392
Dec 19985682209.201.77$5,616
Nov 199846316810.892.19$5,409
Oct 199857314912.421.97$7,410
Sep 199856427712.592.08$7,678
Aug 199837947511.301.91$5,189
Jul 199855317711.742.24$6,888
Jun 199847232811.242.24$6,039
May 199838236412.622.21$5,624
Apr 199855529613.042.51$7,979
Mar 199837722212.802.31$5,338
Feb 199835228613.952.30$5,568
Jan 199854828614.702.15$8,672
Dec 199754632216.322.41$9,687
Nov 199757127418.193.09$11,233
Oct 199755028019.253.15$11,469
Sep 199757234817.742.95$11,176
Aug 199753635517.862.55$10,480
Jul 199757931817.582.25$10,893
Jun 199737930617.242.26$7,225
May 199755636118.972.31$11,381
Apr 199756728517.882.08$10,732
Mar 199756226718.951.94$11,168
Feb 199755135020.492.21$12,062
Jan 199767910923.483.54$16,329
Dec 19965699023.32$13,269
Nov 19966347921.97$13,929
Oct 199655712523.31$12,984
Sep 19965387422.22$11,954
Aug 19965689920.26$11,508
Jul 199656319919.55$11,007
Jun 199672722718.73$13,617
May 199655025419.43$10,687
Apr 199675522421.51$16,240
Mar 199663224319.38$12,248
Feb 199653914516.98$9,152
Jan 199636723417.07$6,265
Dec 199552025617.19$8,939
Nov 199552220916.00$8,352
Oct 199552733115.43$8,132
Sep 199569124416.18$11,180
Aug 199552736815.92$8,390
Jul 199571637515.24$10,912
Jun 199552035516.41$8,533
May 199572637217.56$12,749
Apr 199554339317.73$9,627
Mar 199573235416.44$12,034
Feb 199535623516.58$5,902
Jan 199537428215.92$5,954
Dec 199456931915.03$8,552
Nov 199454131415.90$8,602
Oct 199461733715.58$9,613
Sep 199453336315.29$8,150
Aug 199471037416.13$11,452
Jul 199450935817.56$8,938
Jun 199453132117.09$9,075
May 199455030015.88$8,734
Apr 199470431814.14$9,955
Mar 199453127612.46$6,616
Feb 199473327412.50$9,163
Jan 199457528312.66$7,280
Dec 199356540112.33$6,966
Nov 199356035514.49$8,114
Oct 199355536515.85$8,797
Sep 199376035915.03$11,423
Aug 199355237015.66$8,644
Jul 199354735915.46$8,457
Jun 199371736616.79$12,038
May 199374932617.68$13,242
Apr 199354831618.05$9,891
Mar 199378638818.14$14,258
Feb 199356134317.90$10,042
Jan 199377439216.93$13,104

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                  171 bbl  × $106.41 =    $18,196
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $18,196

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/8171 is the state's own key, not one this site invented.