HALE, SUE, A & 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 8574District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$27.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$373 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
OilDisposition825,736 bbl$27,432,394
Casinghead gasProduction264,782 Mcf$483,007
Total$27,915,402

132,576 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 20265180106.413.05$55,120
Apr 202634517698.932.87$34,636
Mar 202634616689.753.15$31,576
Feb 202651016763.503.75$33,011
Jan 202633126959.138.00$21,723
Dec 20254896356.664.41$27,985
Nov 202535518158.593.93$21,510
Oct 202549820459.383.30$30,245
Sep 202536235062.743.08$23,789
Aug 202549526663.933.01$32,447
Jul 202551828966.743.32$35,529
Jun 202536433166.483.13$25,234
May 202552025860.553.23$32,320
Apr 202535631862.363.54$23,327
Mar 202551819767.704.27$35,909
Feb 202548012770.884.34$34,574
Jan 202542916974.324.28$32,606
Dec 202451718768.993.12$36,252
Nov 202445116969.052.20$31,513
Oct 202450310271.372.28$36,132
Sep 202448814369.612.36$34,308
Aug 202452717075.632.06$40,208
Jul 202449512279.932.15$39,827
Jun 20244759778.082.63$37,344
May 20245008378.812.20$39,587
Apr 20245166184.451.66$43,677
Mar 20244979580.301.55$40,056
Feb 20243358376.091.78$25,638
Jan 20245048473.023.30$37,079
Dec 20233252571.262.61$23,225
Nov 202348218077.892.81$38,048
Oct 202348517985.443.09$41,991
Sep 202351523189.042.74$46,487
Aug 202362925480.522.67$51,326
Jul 202335217174.852.64$26,799
Jun 202367410668.962.26$46,718
May 202349725970.622.23$35,675
Apr 202352526178.122.24$41,597
Mar 202350820172.852.39$37,489
Feb 2023517075.112.47$38,832
Jan 202350410376.533.39$38,920
Dec 202254112376.415.73$42,042
Nov 202253220585.005.65$46,377
Oct 202235023487.185.86$31,885
Sep 202255326584.888.16$49,102
Aug 202263921894.529.13$62,388
Jul 2022468192101.587.54$48,988
Jun 2022515199115.097.98$60,859
May 2022671171109.378.43$74,829
Apr 2022506171104.226.84$53,905
Mar 2022528161108.885.08$58,306
Feb 202234714191.054.86$32,279
Jan 202269117181.844.54$57,327
Dec 202153517971.323.90$38,854
Nov 202151814977.435.24$40,889
Oct 202167614779.795.71$54,778
Sep 202154313269.865.35$38,640
Aug 202171118866.024.22$47,734
Jul 202148914970.783.98$35,205
Jun 202152013769.493.38$36,598
May 202167512663.483.02$43,229
Apr 202152912360.362.76$32,270
Mar 20216787761.302.72$41,771
Feb 20215035357.805.55$29,367
Jan 20217218350.412.81$36,579
Dec 20205499344.642.68$24,756
Nov 202062917538.772.71$24,860
Oct 202085819636.972.48$32,206
Sep 202067318737.091.99$25,334
Aug 202082023739.982.39$33,349
Jul 202069221838.371.83$26,950
Jun 202051516434.901.69$18,251
May 202065020216.921.81$11,365
Apr 202068619114.751.80$10,463
Mar 202067615330.341.86$20,794
Feb 202053720149.881.98$27,184
Jan 20208436557.252.09$48,398
Dec 201967828159.012.30$40,656
Nov 201971223555.302.75$40,020
Oct 201985726053.472.42$46,453
Sep 201984424855.052.66$47,121
Aug 201969928353.112.30$37,776
Jul 201990427356.272.46$51,540
Jun 201972023652.782.49$38,590
May 201995526058.482.74$56,561
Apr 201968927862.632.75$43,917
Mar 201988719456.803.06$50,976
Feb 201972921350.852.79$37,664
Jan 201972320446.033.23$33,938
Dec 201892219246.594.19$43,760
Nov 201872818552.934.24$39,317
Oct 201884726661.443.40$52,944
Sep 201891326659.543.11$55,187
Aug 201872330859.403.07$43,891
Jul 201890027965.142.93$59,444
Jun 201872320860.183.08$44,150
May 201871122665.382.90$47,141
Apr 201890017463.842.90$57,961
Mar 201866217461.222.79$41,013
Feb 201872617261.782.77$45,328
Jan 201883619062.874.01$53,321
Dec 201787918857.272.92$50,890
Nov 201785121855.423.12$47,842
Oct 20171,00220749.292.98$50,006
Sep 201785920847.523.09$41,462
Aug 20171,06516545.373.00$48,815
Jul 201787718243.873.09$39,036
Jun 201771212542.493.09$30,639
May 20171,01717345.373.26$46,706
Apr 201792020447.933.21$44,751
Mar 201769222646.772.98$33,039
Feb 201789419550.452.95$45,678
Jan 201789121449.413.42$44,756
Dec 20161,08222348.763.72$53,589
Nov 201673024542.492.64$31,666
Oct 201691114646.193.09$42,530
Sep 201689318741.553.10$37,684
Aug 20161,23625441.442.92$51,963
Jul 201671323241.622.92$30,354
Jun 201689217945.352.69$40,933
May 201689824942.521.99$38,679
Apr 201691322836.561.99$33,833
Mar 201671724133.011.79$24,101
Feb 201672020826.472.06$19,488
Jan 201690326227.352.36$25,317
Dec 201573825832.362.00$24,398
Nov 201571424138.792.17$28,218
Oct 201590327343.552.43$39,988
Sep 201571428942.992.76$31,492
Aug 201587733840.162.87$36,191
Jul 201589137448.152.95$44,003
Jun 201574024856.152.88$42,266
May 201591129555.212.96$51,168
Apr 201590130749.822.71$45,719
Mar 201590031642.892.93$39,528
Feb 201572533144.662.98$33,364
Jan 201574241143.433.10$33,499
Dec 20141,08842454.693.59$61,025
Nov 201471655570.464.25$52,809
Oct 20141,24835578.303.90$99,103
Sep 201453927586.164.05$47,553
Aug 201493433389.394.04$84,834
Jul 201491633396.564.18$89,841
Jun 201471525498.164.74$71,388
May 20141,07725794.734.73$103,239
Apr 201475524895.944.81$73,627
Mar 201473814595.895.06$71,500
Feb 201473620997.406.19$72,981
Jan 201492322890.404.86$84,547
Dec 201392923991.824.35$86,342
Nov 201373619288.853.74$66,111
Oct 201389829797.423.78$88,606
Sep 2013733338104.113.72$77,569
Aug 2013869248104.253.52$91,467
Jul 2013889362102.523.72$92,486
Jun 201370336894.403.93$67,811
May 201393635194.834.15$90,217
Apr 201391535493.964.28$87,489
Mar 20131,09435193.623.91$103,794
Feb 201389630091.233.42$82,768
Jan 201393425791.603.42$86,433
Dec 201291526386.773.42$80,294
Nov 20121,06532686.953.62$93,783
Oct 201290832389.383.40$82,255
Sep 201293238094.672.92$89,341
Aug 201292343492.662.91$86,787
Jul 201292349385.133.02$80,064
Jun 20121,09647579.822.52$88,679
May 201292750691.612.49$86,182
Apr 2012915451101.652.00$93,910
Mar 2012932477105.052.22$98,967
Feb 2012939434101.102.57$96,048
Jan 201291646898.092.73$91,130
Dec 20111,11536696.873.24$109,196
Nov 201190038995.723.31$87,436
Oct 20111,09844084.983.65$94,913
Sep 20111,11439183.623.99$94,711
Aug 201189240283.404.15$76,061
Jul 20111,11820794.144.52$106,184
Jun 20111,10236392.904.64$104,060
May 20111,11332998.134.40$110,668
Apr 2011928302105.964.33$99,640
Mar 20111,11838696.364.06$109,297
Feb 20111,09629685.644.18$95,099
Jan 20111,10837986.504.59$97,581
Dec 20101,11228785.734.35$96,580
Nov 20101,10632180.843.80$90,627
Oct 20101,35843978.103.51$107,600
Sep 201075547972.633.98$56,742
Aug 20101,30455673.684.42$98,536
Jul 20101,11560872.554.74$83,773
Jun 20101,25854170.364.91$91,169
May 20101,27958471.124.24$93,436
Apr 20101,09450081.694.12$91,430
Mar 20101,25841778.394.39$100,445
Feb 20101,10036673.585.44$82,930
Jan 20101,34340274.365.96$102,263
Dec 20091,34128871.445.48$97,380
Nov 20091,2986774.593.75$97,069
Oct 20091,32712172.544.11$96,758
Sep 20091,23553165.543.06$82,569
Aug 20091,49957767.423.22$102,920
Jul 20091,52943461.133.46$94,971
Jun 20091,11633466.163.90$75,135
May 20091,252054.743.93$68,534
Apr 20091,31436846.773.59$62,776
Mar 20091,35240542.144.06$58,617
Feb 20091,58528232.814.63$53,310
Jan 20091,32229635.865.37$48,997
Dec 20081,29528037.105.98$49,718
Nov 20081,41012955.496.86$79,126
Oct 20081,53223675.246.92$116,901
Sep 20081,317372101.767.88$136,948
Aug 20081,147207114.228.48$132,766
Jul 20081,479302131.0811.39$197,307
Jun 20081,442343131.3313.03$193,848
May 20081,230267123.1711.57$154,589
Apr 20081,469225110.3110.45$164,398
Mar 20081,504232101.909.66$155,500
Feb 20081,28121992.538.77$120,452
Jan 20081,62022290.388.21$148,237
Dec 20071,41521088.337.30$126,520
Nov 20071,29415891.677.29$119,773
Oct 20071,255082.856.92$103,977
Sep 20071,71126375.846.24$131,404
Aug 20071,58519869.066.39$110,725
Jul 20071,57926670.906.39$113,650
Jun 20071,50921162.007.55$95,151
May 20071,35010658.747.85$80,131
Apr 20071,5831959.617.81$94,511
Mar 20071,557056.927.30$88,624
Feb 20071,0762355.108.22$59,477
Jan 20071,249050.306.73$62,825
Dec 20061,41213456.656.92$80,917
Nov 20061,2075054.207.62$65,800
Oct 20061,75610554.906.01$97,036
Sep 20061,41314960.085.04$85,644
Aug 20061,41315168.717.34$98,196
Jul 20061,71821369.376.34$120,529
Jun 20061,76328766.286.38$118,684
May 20061,60128266.016.42$107,494
Apr 20061,61022364.397.36$105,309
Mar 20061,45123856.707.08$83,957
Feb 20061,42914257.597.75$83,397
Jan 20061,4368860.598.93$87,793
Dec 20051,7087554.9413.42$94,844
Nov 20051,7331154.6910.59$94,894
Oct 20051,71412958.3413.80$101,774
Sep 20051,55618161.4512.08$97,803
Aug 20051,71128761.519.80$108,055
Jul 20051,73322255.697.84$98,252
Jun 20051,71820052.337.38$91,379
May 20051,7471845.226.65$79,119
Apr 20051,7011849.207.36$83,822
Mar 20051,7269450.377.15$87,611
Feb 20051,7589445.226.31$80,090
Jan 20051,87910843.166.32$81,780
Dec 20041,76513039.866.75$71,231
Nov 20041,77920245.286.33$81,832
Oct 20041,94823449.706.52$98,340
Sep 20041,91726543.245.28$84,291
Aug 20041,88528442.375.55$81,444
Jul 20041,9244838.286.08$73,943
Jun 20041,5994836.106.43$58,033
May 20041,74729337.486.49$67,380
Apr 20041,39319434.475.86$49,153
Mar 20041,63720834.365.53$57,398
Feb 20041,80325632.455.51$59,918
Jan 20041,12913632.036.30$37,019
Dec 20031,83540130.266.30$58,054
Nov 20031,67038128.804.60$49,847
Oct 20031,80345628.174.76$52,961
Sep 20031,83342426.314.75$50,240
Aug 20031,617029.765.13$48,122
Jul 20031,67336029.415.17$51,064
Jun 20031,69053328.565.98$51,455
May 20031,81850826.595.97$51,375
Apr 20031,86429426.675.41$51,303
Mar 20031,98138231.146.10$64,017
Feb 20031,74235633.487.93$61,144
Jan 20031,91737330.315.58$60,186
Dec 20021,85426426.914.85$51,173
Nov 20021,85936724.664.14$47,361
Oct 20021,89854726.464.23$52,534
Sep 20021,75354427.443.64$50,080
Aug 20021,88856825.963.16$50,810
Jul 20021,76258324.583.06$45,095
Jun 20021,87058823.733.34$46,338
May 20022,00760024.663.58$51,643
Apr 20021,73732423.653.51$42,218
Mar 20021,9313,65822.003.10$53,832
Feb 20021,75027318.222.38$32,534
Jan 20022,09337717.172.38$36,832
Dec 20012,04432816.932.36$35,380
Nov 20011,99437718.072.41$36,938
Oct 20012,14451219.782.53$43,703
Sep 20011,97245024.262.25$48,854
Aug 20012,05951824.873.05$52,789
Jul 20012,10253823.933.20$52,021
Jun 20012,13953524.563.82$54,580
May 20012,06853225.524.31$55,067
Apr 20012,06250124.685.34$53,563
Mar 20012,24050824.545.38$57,701
Feb 20011,84630527.755.77$52,985
Jan 20012,61646027.478.40$75,725
Dec 20002,06791826.889.12$63,935
Nov 20002,3991,06932.215.66$83,320
Oct 20002,02374131.235.15$66,991
Sep 20002,20674931.875.19$74,190
Aug 20002,05876029.644.54$64,450
Jul 20002,05264928.534.09$61,198
Jun 20002,17891629.304.40$67,843
May 20002,12595527.263.68$61,442
Apr 20002,14862724.513.12$54,601
Mar 20002,20946928.422.86$64,121
Feb 20001,91323327.622.73$53,472
Jan 20002,13373725.272.48$55,729
Dec 19992,45273724.282.42$61,321
Nov 19992,2191,43323.192.43$54,947
Oct 19992,4871,62820.982.80$56,742
Sep 19992,28875221.752.62$51,733
Aug 19992,4182,13819.262.88$52,719
Jul 19992,4711,31617.892.37$47,328
Jun 19992,4261,50315.942.36$42,221
May 19992,4571,75615.792.32$42,872
Apr 19992,3781,26115.102.21$38,692
Mar 19992,6311,94512.471.84$36,384
Feb 19992,4692,2449.981.82$28,720
Jan 19992,6031,15410.381.90$29,212
Dec 19982,5867749.201.77$25,164
Nov 19982,5701,18310.892.19$30,573
Oct 19982,6491,11712.421.97$35,100
Sep 19982,4221,48812.592.08$33,592
Aug 19982,63085211.301.91$31,344
Jul 19982,6921,40511.742.24$34,747
Jun 19982,73073511.242.24$32,330
May 19982,85891212.622.21$38,080
Apr 19982,81854313.042.51$38,107
Mar 19983,05535612.802.31$39,926
Feb 19982,77648413.952.30$39,838
Jan 19982,90990314.702.15$44,708
Dec 19973,16362316.322.41$53,122
Nov 19973,06453618.193.09$57,389
Oct 19973,14681919.253.15$63,140
Sep 19973,24186417.742.95$60,048
Aug 19973,32574717.862.55$61,293
Jul 19973,2661,29417.582.25$60,324
Jun 19972,7891,08717.242.26$50,536
May 19973,2011,23818.972.31$63,581
Apr 19973,2681,24917.882.08$61,033
Mar 19973,7261,56518.951.94$73,642
Feb 19973,2021,44920.492.21$68,805
Jan 19973,8271,50923.483.54$95,199
Dec 19964,1461,39423.32$96,685
Nov 19963,9101,16321.97$85,903
Oct 19964,3311,33823.31$100,956
Sep 19964,3641,17322.22$96,968
Aug 19964,6791,12320.26$94,797
Jul 19963,9741,26819.55$77,692
Jun 19964,4451,38818.73$83,255
May 19964,3451,58319.43$84,423
Apr 19964,5191,60321.51$97,204
Mar 19965,6671,60519.38$109,826
Feb 19965,6271,27716.98$95,546
Jan 19966,0872,57417.07$103,905
Dec 19956,4901,90417.19$111,563
Nov 19956,0491,75916.00$96,784
Oct 19956,8351,65115.43$105,464
Sep 19956,8951,97216.18$111,561
Aug 19957,1262,48515.92$113,446
Jul 19956,9362,51615.24$105,705
Jun 19956,9752,77316.41$114,460
May 19957,0932,52017.56$124,553
Apr 19957,7233,11917.73$136,929
Mar 19957,6172,50016.44$125,223
Feb 19956,7753,79416.58$112,330
Jan 19957,8753,69715.92$125,370
Dec 19948,5682,95615.03$128,777
Nov 19947,9063,42115.90$125,705
Oct 19948,5302,38915.58$132,897
Sep 19948,5975,73115.29$131,448
Aug 19949,5734,71216.13$154,412
Jul 19948,8863,12517.56$156,038
Jun 19949,7594,71717.09$166,781
May 199410,1214,12515.88$160,721
Apr 19949,3733,21714.14$132,534
Mar 19949,3323,15512.46$116,277
Feb 19948,3293,50412.50$104,113
Jan 19948,8903,61212.66$112,547
Dec 19939,4452,62412.33$116,457
Nov 19938,8562,70314.49$128,323
Oct 19939,2283,27615.85$146,264
Sep 199310,6573,79915.03$160,175
Aug 199310,4174,21115.66$163,130
Jul 199310,0463,84215.46$155,311
Jun 199310,4563,86616.79$175,556
May 199310,7043,50317.68$189,247
Apr 199310,4123,14918.05$187,937
Mar 199310,9342,84918.14$198,343
Feb 19939,9363,02617.90$177,854
Jan 199311,0412,88516.93$186,924

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                  518 bbl  × $106.41 =    $55,120
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $55,120

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/8574 is the state's own key, not one this site invented.