PRICE, J. M.

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 8311District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$9.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$73 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
OilDisposition221,246 bbl$9,557,963
Casinghead gasProduction410 Mcf$12
Total$9,557,976

405 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 2026151098.932.87$14,938
Mar 2026169089.753.15$15,168
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025176056.664.41$9,972
Nov 20250058.593.93$0
Oct 2025169059.383.30$10,035
Sep 2025179062.743.08$11,230
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025176066.483.13$11,700
May 2025177060.553.23$10,717
Apr 20250062.363.54$0
Mar 2025176067.704.27$11,915
Feb 2025164070.884.34$11,624
Jan 2025163074.324.28$12,114
Dec 2024155068.993.12$10,693
Nov 2024157069.052.20$10,841
Oct 2024146071.372.28$10,420
Sep 20240069.612.36$0
Aug 2024169075.632.06$12,781
Jul 2024166079.932.15$13,268
Jun 2024149078.082.63$11,634
May 2024162078.812.20$12,767
Apr 2024165084.451.66$13,934
Mar 2024166080.301.55$13,330
Feb 2024150076.091.78$11,414
Jan 20240073.023.30$0
Dec 2023167071.262.61$11,900
Nov 2023351077.892.81$27,339
Oct 2023336085.443.09$28,708
Sep 2023153089.042.74$13,623
Aug 2023339080.522.67$27,296
Jul 2023337074.852.64$25,224
Jun 2023293068.962.26$20,205
May 2023163070.622.23$11,511
Apr 2023333078.122.24$26,014
Mar 2023178072.852.39$12,967
Feb 2023159075.112.47$11,942
Jan 2023148076.533.39$11,326
Dec 20220076.415.73$0
Nov 202295085.005.65$8,075
Oct 2022152087.185.86$13,251
Sep 2022141084.888.16$11,968
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20221400115.097.98$16,113
May 20223250109.378.43$35,545
Apr 202200104.226.84$0
Mar 20221610108.885.08$17,530
Feb 20220091.054.86$0
Jan 2022152081.844.54$12,440
Dec 2021157071.323.90$11,197
Nov 2021146077.435.24$11,305
Oct 20210079.795.71$0
Sep 2021151069.865.35$10,549
Aug 2021144066.024.22$9,507
Jul 2021147070.783.98$10,405
Jun 2021156069.493.38$10,840
May 20210063.483.02$0
Apr 2021146060.362.76$8,813
Mar 20210061.302.72$0
Feb 2021149057.805.55$8,612
Jan 2021156050.412.81$7,864
Dec 20200044.642.68$0
Nov 2020181038.772.71$7,017
Oct 2020156036.972.48$5,767
Sep 2020171037.091.99$6,342
Aug 2020147039.982.39$5,877
Jul 2020337038.371.83$12,931
Jun 2020100034.901.69$3,490
May 20200016.921.81$0
Apr 2020338014.751.80$4,986
Mar 2020170030.341.86$5,158
Feb 2020307049.881.98$15,313
Jan 2020353057.252.09$20,209
Dec 2019190059.012.30$11,212
Nov 2019527055.302.75$29,143
Oct 2019184053.472.42$9,838
Sep 2019528055.052.66$29,066
Aug 2019179053.112.30$9,507
Jul 2019376056.272.46$21,158
Jun 2019349052.782.49$18,420
May 2019365058.482.74$21,345
Apr 2019322062.632.75$20,167
Mar 2019495056.803.06$28,116
Feb 2019180050.852.79$9,153
Jan 2019556046.033.23$25,593
Dec 2018365046.594.19$17,005
Nov 2018373052.934.24$19,743
Oct 2018549061.443.40$33,731
Sep 2018352059.543.11$20,958
Aug 2018358059.403.07$21,265
Jul 2018537065.142.93$34,980
Jun 2018343060.183.08$20,642
May 2018549065.382.90$35,894
Apr 2018359063.842.90$22,919
Mar 2018373061.222.79$22,835
Feb 2018363061.782.77$22,426
Jan 2018542062.874.01$34,076
Dec 2017361057.272.92$20,674
Nov 2017539055.423.12$29,871
Oct 2017352049.292.98$17,350
Sep 2017530047.523.09$25,186
Aug 2017535045.373.00$24,273
Jul 2017354043.873.09$15,530
Jun 2017554042.493.09$23,539
May 2017540045.373.26$24,500
Apr 2017354047.933.21$16,967
Mar 2017539046.772.98$25,209
Feb 2017373050.452.95$18,818
Jan 2017541049.413.42$26,731
Dec 2016365048.763.72$17,797
Nov 2016366042.492.64$15,551
Oct 2016545046.193.09$25,174
Sep 2016538041.553.10$22,354
Aug 2016535041.442.92$22,170
Jul 2016351041.622.92$14,609
Jun 2016177045.352.69$8,027
May 2016537042.521.99$22,833
Apr 2016542036.561.99$19,816
Mar 2016368033.011.79$12,148
Feb 2016522026.472.06$13,817
Jan 2016539027.352.36$14,742
Dec 2015370032.362.00$11,973
Nov 2015530038.792.17$20,559
Oct 2015556043.552.43$24,214
Sep 2015358042.992.76$15,390
Aug 2015501040.162.87$20,120
Jul 2015520048.152.95$25,038
Jun 2015540056.152.88$30,321
May 2015359055.212.96$19,820
Apr 2015375049.822.71$18,683
Mar 2015536042.892.93$22,989
Feb 2015537044.662.98$23,982
Jan 2015358043.433.10$15,548
Dec 2014546054.693.59$29,861
Nov 2014367070.464.25$25,859
Oct 2014541078.303.90$42,360
Sep 2014345086.164.05$29,725
Aug 2014376089.394.04$33,611
Jul 2014528096.564.18$50,984
Jun 2014514098.164.74$50,454
May 2014356094.734.73$33,724
Apr 2014535095.944.81$51,328
Mar 2014362095.895.06$34,712
Feb 2014512097.406.19$49,869
Jan 2014523090.404.86$47,279
Dec 2013518091.824.35$47,563
Nov 2013185088.853.74$16,437
Oct 2013518097.423.78$50,464
Sep 20135150104.113.72$53,617
Aug 20133430104.253.52$35,758
Jul 20135110102.523.72$52,388
Jun 2013357094.403.93$33,701
May 2013330094.834.15$31,294
Apr 2013345093.964.28$32,416
Mar 2013520093.623.91$48,682
Feb 2013346091.233.42$31,566
Jan 2013530091.603.42$48,548
Dec 2012332086.773.42$28,808
Nov 2012493086.953.62$42,866
Oct 2012513089.383.40$45,852
Sep 2012344094.672.92$32,566
Aug 2012518092.662.91$47,998
Jul 2012517085.133.02$44,012
Jun 2012523079.822.52$41,746
May 2012339091.612.49$31,056
Apr 20123570101.652.00$36,289
Mar 20125110105.052.22$53,681
Feb 20125430101.102.57$54,897
Jan 2012435098.092.73$42,669
Dec 2011360096.873.24$34,873
Nov 2011537095.723.31$51,402
Oct 2011340084.983.65$28,893
Sep 2011353083.623.99$29,518
Aug 2011354083.404.15$29,524
Jul 2011530094.144.52$49,894
Jun 2011367092.904.64$34,094
May 2011538098.134.40$52,794
Apr 20115370105.964.33$56,901
Mar 2011511096.364.06$49,240
Feb 2011551085.644.18$47,188
Jan 2011554086.504.59$47,921
Dec 2010441085.734.35$37,807
Nov 2010542080.843.80$43,815
Oct 2010535078.103.51$41,784
Sep 2010526072.633.98$38,203
Aug 2010595073.684.42$43,840
Jul 2010546072.554.74$39,612
Jun 2010364070.364.91$25,611
May 2010726071.124.24$51,633
Apr 2010548081.694.12$44,766
Mar 2010745078.394.39$58,401
Feb 2010339073.585.44$24,944
Jan 2010736074.365.96$54,729
Dec 2009706071.445.48$50,437
Nov 2009556074.593.75$41,472
Oct 2009712072.544.11$51,648
Sep 2009555065.543.06$36,375
Aug 2009710067.423.22$47,868
Jul 2009688061.133.46$42,057
Jun 2009541066.163.90$35,793
May 2009575054.743.93$31,476
Apr 2009731046.773.59$34,189
Mar 2009756042.144.06$31,858
Feb 2009693032.814.63$22,737
Jan 2009726035.865.37$26,034
Dec 2008390037.105.98$14,469
Nov 2008669055.496.86$37,123
Oct 2008363075.246.92$27,312
Sep 20083270101.767.88$33,276
Aug 20085260114.228.48$60,080
Jul 20085630131.0811.39$73,798
Jun 20085150131.3313.03$67,635
May 20085260123.1711.57$64,787
Apr 20085290110.3110.45$58,354
Mar 20088240101.909.66$83,966
Feb 2008524092.538.77$48,486
Jan 2008703090.388.21$63,537
Dec 2007530088.337.30$46,815
Nov 2007681091.677.29$62,427
Oct 2007712082.856.92$58,989
Sep 2007514075.846.24$38,982
Aug 2007721069.066.39$49,792
Jul 2007684070.906.39$48,496
Jun 2007510062.007.55$31,620
May 2007705058.747.85$41,412
Apr 2007687059.617.81$40,952
Mar 2007543056.927.30$30,908
Feb 2007701055.108.22$38,625
Jan 2007546050.306.73$27,464
Dec 2006691056.656.92$39,145
Nov 2006697054.207.62$37,777
Oct 2006695054.906.01$38,156
Sep 2006720060.085.04$43,258
Aug 2006710068.717.34$48,784
Jul 2006836069.376.34$57,993
Jun 2006542066.286.38$35,924
May 2006712066.016.42$46,999
Apr 2006702064.397.36$45,202
Mar 2006879056.707.08$49,839
Feb 2006569057.597.75$32,769
Jan 2006651060.598.93$39,444
Dec 2005776054.9413.42$42,633
Nov 2005790054.6910.59$43,205
Oct 2005754058.3413.80$43,988
Sep 2005710061.4512.08$43,630
Aug 2005716061.519.80$44,041
Jul 2005532055.697.84$29,627
Jun 2005735052.337.38$38,463
May 2005742045.226.65$33,553
Apr 2005582049.207.36$28,634
Mar 2005770050.377.15$38,785
Feb 2005729045.226.31$32,965
Jan 2005548043.166.32$23,652
Dec 2004769039.866.75$30,652
Nov 2004760045.286.33$34,413
Oct 2004743049.706.52$36,927
Sep 2004712043.245.28$30,787
Aug 2004698042.375.55$29,574
Jul 2004716038.286.08$27,408
Jun 2004732036.106.43$26,425
May 2004739037.486.49$27,698
Apr 2004732034.475.86$25,232
Mar 2004956034.365.53$32,848
Feb 2004787032.455.51$25,538
Jan 2004763032.036.30$24,439
Dec 2003965030.266.30$29,201
Nov 2003813028.804.60$23,414
Oct 2003897028.174.76$25,268
Sep 20031,035026.314.75$27,231
Aug 2003818029.765.13$24,344
Jul 2003204029.415.17$6,000
Jun 2003800028.565.98$22,848
May 2003783026.595.97$20,820
Apr 20031,014026.675.41$27,043
Mar 20031,033031.146.10$32,168
Feb 2003819033.487.93$27,420
Jan 2003989030.315.58$29,977
Dec 2002784026.914.85$21,097
Nov 20021,036024.664.14$25,548
Oct 2002803026.464.23$21,247
Sep 2002974027.443.64$26,727
Aug 2002943025.963.16$24,480
Jul 2002980024.583.06$24,088
Jun 2002775023.733.34$18,391
May 2002767024.663.58$18,914
Apr 20021,005023.653.51$23,768
Mar 2002989022.003.10$21,758
Feb 2002781018.222.38$14,230
Jan 2002955017.172.38$16,397
Dec 2001990016.932.36$16,761
Nov 2001813018.072.41$14,691
Oct 2001810019.782.53$16,022
Sep 2001942024.262.25$22,853
Aug 2001602024.873.05$14,972
Jul 2001625023.933.20$14,956
Jun 2001565024.563.82$13,876
May 2001562025.524.31$14,342
Apr 2001575024.685.34$14,191
Mar 2001612024.545.38$15,018
Feb 2001639027.755.77$17,732
Jan 2001409027.478.40$11,235
Dec 2000382026.889.12$10,268
Nov 2000598032.215.66$19,262
Oct 2000620031.235.15$19,363
Sep 2000541031.875.19$17,242
Aug 2000593029.644.54$17,577
Jul 2000769028.534.09$21,940
Jun 2000582029.304.40$17,053
May 2000689027.263.68$18,782
Apr 2000776024.513.12$19,020
Mar 2000569028.422.86$16,171
Feb 2000584027.622.73$16,130
Jan 2000751025.272.48$18,978
Dec 1999726024.282.42$17,627
Nov 1999824023.192.43$19,109
Oct 1999382020.982.80$8,014
Sep 1999745021.752.62$16,204
Aug 1999785019.262.88$15,119
Jul 1999611017.892.37$10,931
Jun 1999970015.942.36$15,462
May 1999565015.792.32$8,921
Apr 1999787015.102.21$11,884
Mar 1999806012.471.84$10,051
Feb 199941509.981.82$4,142
Jan 19991,029010.381.90$10,681
Dec 199862809.201.77$5,778
Nov 1998982010.892.19$10,694
Oct 1998967012.421.97$12,010
Sep 1998543012.592.08$6,836
Aug 1998961011.301.91$10,859
Jul 1998966011.742.24$11,341
Jun 1998614011.242.24$6,901
May 19981,145012.622.21$14,450
Apr 1998777013.042.51$10,132
Mar 19981,163012.802.31$14,886
Feb 19981,006013.952.30$14,034
Jan 19981,050014.702.15$15,435
Dec 19971,033016.322.41$16,859
Nov 1997794018.193.09$14,443
Oct 1997814019.253.15$15,670
Sep 19971,000017.742.95$17,740
Aug 19971,119017.862.55$19,985
Jul 1997581017.582.25$10,214
Jun 1997768017.242.26$13,240
May 1997972118.972.31$18,441
Apr 1997983117.882.08$17,578
Mar 1997956118.951.94$18,118
Feb 19971,001120.492.21$20,513
Jan 1997996123.483.54$23,390
Dec 19961,219123.32$28,427
Nov 1996828121.97$18,191
Oct 1996832123.31$19,394
Sep 1996810122.22$17,998
Aug 19961,134120.26$22,975
Jul 1996811119.55$15,855
Jun 1996834118.73$15,621
May 1996619119.43$12,027
Apr 1996750121.51$16,133
Mar 1996600119.38$11,628
Feb 1996430116.98$7,301
Jan 1996607117.07$10,361
Dec 1995415117.19$7,134
Nov 1995697116.00$11,152
Oct 19951,268115.43$19,565
Sep 1995361116.18$5,841
Aug 1995735115.92$11,701
Jul 19951,285115.24$19,583
Jun 1995615116.41$10,092
May 1995969117.56$17,016
Apr 19951,270117.73$22,517
Mar 1995934116.44$15,355
Feb 1995911116.58$15,104
Jan 19951,240115.92$19,741
Dec 1994980115.03$14,729
Nov 1994722115.90$11,480
Oct 19941,112115.58$17,325
Sep 19941,145115.29$17,507
Aug 19941,072116.13$17,291
Jul 19941,426117.56$25,041
Jun 19941,436117.09$24,541
May 19941,1192915.88$17,770
Apr 199493310714.14$13,193
Mar 19941,1428012.46$14,229
Feb 1994724112.50$9,050
Jan 19941,3117212.66$16,597
Dec 19937047412.33$8,680
Nov 1993892114.49$12,925
Oct 1993536115.85$8,496
Sep 1993660115.03$9,920
Aug 1993857115.66$13,421
Jul 1993511115.46$7,900
Jun 1993651116.79$10,930
May 1993858117.68$15,169
Apr 1993522118.05$9,422
Mar 1993704118.14$12,771
Feb 1993539117.90$9,648
Jan 1993701116.93$11,868

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.

Apr 2026 — as filed, then multipliedworked
Oil                  151 bbl  × $ 98.93 =    $14,938
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $14,938

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/8311 is the state's own key, not one this site invented.