WELCH, JOSEPHINE

Operated by BASA RESOURCES, INC. (P-5 53974) in the STEPHENS COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17635District 7BField 85948001OilCasinghead gasSave
Value, all time
$7.0 M
Jan 1993 – May 2026
Value, last 12 filed months
$226 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition148,006 bbl$6,982,559
Casinghead gasProduction7,539 Mcf$24,180
Total$7,006,738

193 Mcf of this lease's gas, across 21 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.

Wells on this lease (6)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.7493, -98.8526. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.74914, -98.85314 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
66.7%
4 of 6 wells
With a plug date
66.7%
4 of 6 wells
Median depth
3,348 ft
6 wells filed one
Completion to plug
5.3 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
466.7%
A plug date is filed
466.7%
BothOn the schedule and plugged. Neither fact cancels the other.
466.7%
NeitherNo plug date, and not on the schedule.
233.3%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 3,319 and 3,360 ft, median 3,348 ft, over the 6 wells that filed a depth.

Completions filed
May 1988 – Aug 1990
6 of 6 wells
Plug dates filed
Sep 1993 – Oct 1993
4 of 6 wells; 2 filed none

Last completion to plug: a median of 5.3 years across the 4 wells that filed both dates, with the middle half between 5.2 years and 5.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

6 wells

42-4293288313,319 ftAug 1990
42-4293499833,360 ftDec 1988Oct 1993Yes
42-4293500243,325 ftJun 1988Sep 1993Yes
42-4293503153,360 ftJun 1988Oct 1993Yes
42-4293503373,350 ftMay 1988Oct 1993Yes
42-4293499023,345 ftMay 1988

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

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 202628131106.413.05$29,996
Apr 20263183098.932.87$31,546
Mar 20262253189.753.15$20,291
Feb 20262632863.503.75$16,806
Jan 20263223159.138.00$19,288
Dec 20252533156.664.41$14,472
Nov 20252353058.593.93$13,886
Oct 20252893159.383.30$17,263
Sep 20252273062.743.08$14,334
Aug 20251923163.933.01$12,368
Jul 20252893166.743.32$19,391
Jun 20252503066.483.13$16,714
May 20252263160.553.23$13,785
Apr 20251923062.363.54$12,079
Mar 20251773167.704.27$12,115
Feb 2025352870.884.34$2,602
Jan 20252693174.324.28$20,125
Dec 20242623168.993.12$18,172
Nov 20242473069.052.20$17,121
Oct 20242693171.372.28$19,269
Sep 20242483069.612.36$17,334
Aug 20242103175.632.06$15,946
Jul 20241853179.932.15$14,854
Jun 20242073078.082.63$16,242
May 20242193178.812.20$17,328
Apr 20242663084.451.66$22,513
Mar 20242203180.301.55$17,714
Feb 20242592976.091.78$19,759
Jan 20242503173.023.30$18,357
Dec 20232493171.262.61$17,825
Nov 20232483077.892.81$19,401
Oct 20232673185.443.09$22,908
Sep 2023228489.042.74$20,312
Aug 2023268080.522.67$21,579
Jul 20232796274.852.64$21,047
Jun 20232516068.962.26$17,444
May 20232146270.622.23$15,251
Apr 20231966078.122.24$15,446
Mar 20231936272.852.39$14,208
Feb 20231835675.112.47$13,883
Jan 20232126276.533.39$16,434
Dec 20222086276.415.73$16,248
Nov 20222376085.005.65$20,484
Oct 20222506287.185.86$22,159
Sep 2022243084.888.16$20,626
Aug 20222626294.529.13$25,330
Jul 202230162101.587.54$31,043
Jun 202222660115.097.98$26,489
May 202223462109.378.43$26,115
Apr 202224560104.226.84$25,944
Mar 202227662108.885.08$30,366
Feb 20222185691.054.86$20,121
Jan 20222376281.844.54$19,677
Dec 20212676271.323.90$19,284
Nov 20212676077.435.24$20,988
Oct 20212536279.795.71$20,541
Sep 20212486069.865.35$17,646
Aug 20212656266.024.22$17,757
Jul 20212736270.783.98$19,570
Jun 20212616069.493.38$18,340
May 20212636263.483.02$16,882
Apr 20212706060.362.76$16,463
Mar 20212736261.302.72$16,903
Feb 20211924857.805.55$11,364
Jan 2021271050.412.81$13,661
Dec 2020244044.642.68$10,892
Nov 20202446038.772.71$9,622
Oct 20202616236.972.48$9,803
Sep 20202546037.091.99$9,540
Aug 20202656239.982.39$10,743
Jul 20202386238.371.83$9,245
Jun 20202776234.901.69$9,772
May 2020271016.921.81$4,585
Apr 20202686014.751.80$4,061
Mar 20202706230.341.86$8,307
Feb 20202545849.881.98$12,784
Jan 20202706257.252.09$15,587
Dec 20192676259.012.30$15,899
Nov 2019256055.302.75$14,157
Oct 20192616253.472.42$14,106
Sep 20192596055.052.66$14,417
Aug 2019257053.112.30$13,649
Jul 20192606256.272.46$14,783
Jun 20192466052.782.49$13,133
May 20192616258.482.74$15,433
Apr 20192656062.632.75$16,762
Mar 20192496256.803.06$14,333
Feb 20192625650.852.79$13,479
Jan 20192833146.033.23$13,127
Dec 20182886246.594.19$13,677
Nov 20182486052.934.24$13,381
Oct 2018270061.443.40$16,589
Sep 2018240059.543.11$14,290
Aug 20182646259.403.07$15,872
Jul 2018263065.142.93$17,132
Jun 20182626060.183.08$15,952
May 2018273065.382.90$17,849
Apr 2018268063.842.90$17,109
Mar 20182746261.222.79$16,947
Feb 20182485761.782.77$15,479
Jan 20183066362.874.01$19,491
Dec 20173066357.272.92$17,709
Nov 20172646155.423.12$14,821
Oct 20172726649.292.98$13,604
Sep 20172606447.523.09$12,553
Aug 20172746545.373.00$12,627
Jul 20172747043.873.09$12,236
Jun 20172697242.493.09$11,652
May 20172716145.373.26$12,494
Apr 20172706047.933.21$13,134
Mar 20172767546.772.98$13,132
Feb 20172756750.452.95$14,072
Jan 20173029349.413.42$15,240
Dec 20163077648.763.72$15,252
Nov 20162968742.492.64$12,807
Oct 20163149346.193.09$14,791
Sep 20162889041.553.10$12,245
Aug 20163049341.442.92$12,870
Jul 20163109341.622.92$13,174
Jun 20162939045.352.69$13,529
May 20162939342.521.99$12,644
Apr 20163109036.561.99$11,513
Mar 20163089333.011.79$10,334
Feb 20162928626.472.06$7,907
Jan 2016313027.352.36$8,561
Dec 20153169332.362.00$10,412
Nov 20153659038.792.17$14,353
Oct 20153299343.552.43$14,554
Sep 20152959042.992.76$12,930
Aug 20153069340.162.87$12,556
Jul 20153719048.152.95$18,129
Jun 20152969056.152.88$16,880
May 20153069355.212.96$17,169
Apr 20152999049.822.71$15,140
Mar 2015314042.892.93$13,467
Feb 2015282044.662.98$12,594
Jan 2015323043.433.10$14,028
Dec 2014339054.693.59$18,540
Nov 20143099070.464.25$22,155
Oct 2014278078.303.90$21,767
Sep 20143139086.164.05$27,332
Aug 20143199389.394.04$28,891
Jul 2014311096.564.18$30,030
Jun 2014299098.164.74$29,350
May 2014329094.734.73$31,166
Apr 2014315095.944.81$30,221
Mar 2014345095.895.06$33,082
Feb 2014295097.406.19$28,733
Jan 2014344090.404.86$31,098
Dec 2013357091.824.35$32,780
Nov 2013321088.853.74$28,521
Oct 2013361097.423.78$35,169
Sep 20133180104.113.72$33,107
Aug 20133480104.253.52$36,279
Jul 20133340102.523.72$34,242
Jun 2013309094.403.93$29,170
May 2013326094.834.15$30,915
Apr 2013342093.964.28$32,134
Mar 2013340093.623.91$31,831
Feb 2013291091.233.42$26,548
Jan 2013345091.603.42$31,602
Dec 2012344086.773.42$29,849
Nov 2012334086.953.62$29,041
Oct 2012350089.383.40$31,283
Sep 2012325094.672.92$30,768
Aug 2012344092.662.91$31,875
Jul 2012344085.133.02$29,285
Jun 2012331079.822.52$26,420
May 2012350091.612.49$32,064
Apr 20123740101.652.00$38,017
Mar 20123540105.052.22$37,188
Feb 20123320101.102.57$33,565
Jan 2012359098.092.73$35,214
Dec 2011355096.873.24$34,389
Nov 2011345095.723.31$33,023
Oct 2011335084.983.65$28,468
Sep 2011334083.623.99$27,929
Aug 2011338083.404.15$28,189
Jul 2011364094.144.52$34,267
Jun 2011359092.904.64$33,351
May 2011371098.134.40$36,406
Apr 20113890105.964.33$41,218
Mar 2011419096.364.06$40,375
Feb 2011352085.644.18$30,145
Jan 2011444086.504.59$38,406
Dec 2010472085.734.35$40,465
Nov 2010383080.843.80$30,962
Oct 2010410078.103.51$32,021
Sep 2010437072.633.98$31,739
Aug 2010440073.684.42$32,419
Jul 2010418072.554.74$30,326
Jun 2010370070.364.91$26,033
May 2010359071.124.24$25,532
Apr 2010352081.694.12$28,755
Mar 2010364078.394.39$28,534
Feb 2010330073.585.44$24,281
Jan 2010371074.365.96$27,588
Dec 2009348071.445.48$24,861
Nov 2009352074.593.75$26,256
Oct 2009394072.544.11$28,581
Sep 2009348065.543.06$22,808
Aug 2009406067.423.22$27,373
Jul 2009394061.133.46$24,085
Jun 2009364066.163.90$24,082
May 2009349054.743.93$19,104
Apr 2009335046.773.59$15,668
Mar 2009366042.144.06$15,423
Feb 2009323032.814.63$10,598
Jan 2009358035.865.37$12,838
Dec 2008380037.105.98$14,098
Nov 2008371055.496.86$20,587
Oct 2008365075.246.92$27,463
Sep 20083550101.767.88$36,125
Aug 20084810114.228.48$54,940
Jul 20084120131.0811.39$54,005
Jun 20083800131.3313.03$49,905
May 20084130123.1711.57$50,869
Apr 20082930110.3110.45$32,321
Mar 20083890101.909.66$39,639
Feb 2008367092.538.77$33,959
Jan 2008386090.388.21$34,887
Dec 2007381088.337.30$33,654
Nov 2007379091.677.29$34,743
Oct 2007390082.856.92$32,312
Sep 2007374075.846.24$28,364
Aug 2007331069.066.39$22,859
Jul 2007398070.906.39$28,218
Jun 2007334062.007.55$20,708
May 2007393058.747.85$23,085
Apr 2007377059.617.81$22,473
Mar 2007394056.927.30$22,426
Feb 2007354055.108.22$19,505
Jan 2007397050.306.73$19,969
Dec 2006395056.656.92$22,377
Nov 2006382054.207.62$20,704
Oct 2006413054.906.01$22,674
Sep 2006373060.085.04$22,410
Aug 2006388068.717.34$26,659
Jul 2006384069.376.34$26,638
Jun 2006318066.286.38$21,077
May 2006401066.016.42$26,470
Apr 2006421064.397.36$27,108
Mar 2006417056.707.08$23,644
Feb 2006364057.597.75$20,963
Jan 2006408060.598.93$24,721
Dec 2005471054.9413.42$25,877
Nov 2005436054.6910.59$23,845
Oct 2005424058.3413.80$24,736
Sep 2005421061.4512.08$25,870
Aug 2005394061.519.80$24,235
Jul 2005441055.697.84$24,559
Jun 2005381052.337.38$19,938
May 2005399045.226.65$18,043
Apr 2005375049.207.36$18,450
Mar 2005391050.377.15$19,695
Feb 2005351045.226.31$15,872
Jan 2005392043.166.32$16,919
Dec 2004407039.866.75$16,223
Nov 2004360045.286.33$16,301
Oct 2004392049.706.52$19,482
Sep 2004379043.245.28$16,388
Aug 2004369042.375.55$15,635
Jul 2004375038.286.08$14,355
Jun 2004355036.106.43$12,816
May 2004382037.486.49$14,317
Apr 2004397034.475.86$13,685
Mar 2004401034.365.53$13,778
Feb 2004317032.455.51$10,287
Jan 2004401032.036.30$12,844
Dec 2003416030.266.30$12,588
Nov 2003388028.804.60$11,174
Oct 2003400028.174.76$11,268
Sep 2003383026.314.75$10,077
Aug 2003365029.765.13$10,862
Jul 2003403029.415.17$11,852
Jun 2003442028.565.98$12,624
May 2003405026.595.97$10,769
Apr 2003373026.675.41$9,948
Mar 2003424031.146.10$13,203
Feb 2003402033.487.93$13,459
Jan 2003427030.315.58$12,942
Dec 2002410026.914.85$11,033
Nov 2002408024.664.14$10,061
Oct 2002416026.464.23$11,007
Sep 2002408027.443.64$11,196
Aug 2002396025.963.16$10,280
Jul 2002406024.583.06$9,979
Jun 2002401023.733.34$9,516
May 2002415024.663.58$10,234
Apr 2002409023.653.51$9,673
Mar 2002431022.003.10$9,482
Feb 2002432018.222.38$7,871
Jan 2002516017.172.38$8,860
Dec 2001429016.932.36$7,263
Nov 2001407018.072.41$7,354
Oct 2001435019.782.53$8,604
Sep 2001390024.262.25$9,461
Aug 2001409024.873.05$10,172
Jul 2001420023.933.20$10,051
Jun 2001425024.563.82$10,438
May 2001441025.524.31$11,254
Apr 2001406024.685.34$10,020
Mar 2001488024.545.38$11,976
Feb 2001428027.755.77$11,877
Jan 2001533027.478.40$14,642
Dec 2000405026.889.12$10,886
Nov 2000366032.215.66$11,789
Oct 2000394031.235.15$12,305
Sep 2000365031.875.19$11,633
Aug 2000374029.644.54$11,085
Jul 2000384028.534.09$10,956
Jun 2000359029.304.40$10,519
May 2000387027.263.68$10,550
Apr 2000390024.513.12$9,559
Mar 2000405028.422.86$11,510
Feb 2000378027.622.73$10,440
Jan 2000394025.272.48$9,956
Dec 1999430024.282.42$10,440
Nov 19993843023.192.43$8,978
Oct 19994083020.982.80$8,644
Sep 19994253021.752.62$9,322
Aug 1999424019.262.88$8,166
Jul 1999419017.892.37$7,496
Jun 1999430015.942.36$6,854
May 1999414015.792.32$6,537
Apr 1999417015.102.21$6,297
Mar 1999439012.471.84$5,474
Feb 199947709.981.82$4,760
Jan 1999447010.381.90$4,640
Dec 199845109.201.77$4,149
Nov 1998429010.892.19$4,672
Oct 1998417012.421.97$5,179
Sep 1998400012.592.08$5,036
Aug 1998444011.301.91$5,017
Jul 1998408011.742.24$4,790
Jun 1998404011.242.24$4,541
May 1998436012.622.21$5,502
Apr 1998454013.042.51$5,920
Mar 1998462012.802.31$5,914
Feb 1998381013.952.30$5,315
Jan 1998454014.702.15$6,674
Dec 1997474016.322.41$7,736
Nov 1997436018.193.09$7,931
Oct 1997460019.253.15$8,855
Sep 1997437017.742.95$7,752
Aug 1997463017.862.55$8,269
Jul 1997469017.582.25$8,245
Jun 1997482017.242.26$8,310
May 19974141518.972.31$7,888
Apr 1997443017.882.08$7,921
Mar 1997472018.951.94$8,944
Feb 1997441020.492.21$9,036
Jan 1997489023.483.54$11,482
Dec 1996511023.32$11,917
Nov 1996489021.97$10,743
Oct 1996494023.31$11,515
Sep 1996484022.22$10,754
Aug 1996514020.26$10,414
Jul 1996484019.55$9,462
Jun 1996491018.73$9,196
May 1996512019.43$9,948
Apr 1996529021.51$11,379
Mar 1996537019.38$10,407
Feb 1996528016.98$8,965
Jan 1996557017.07$9,508
Dec 1995555017.19$9,540
Nov 1995608016.00$9,728
Oct 1995573015.43$8,841
Sep 1995509016.18$8,236
Aug 1995575015.92$9,154
Jul 1995546015.24$8,321
Jun 1995536016.41$8,796
May 1995545017.56$9,570
Apr 1995602017.73$10,673
Mar 1995618016.44$10,160
Feb 1995557016.58$9,235
Jan 1995628015.92$9,998
Dec 1994638015.03$9,589
Nov 1994602015.90$9,572
Oct 1994618015.58$9,628
Sep 1994604115.29$9,235
Aug 1994633116.13$10,210
Jul 1994687117.56$12,064
Jun 1994691117.09$11,809
May 1994669115.88$10,624
Apr 1994726114.14$10,266
Mar 1994816112.46$10,167
Feb 1994707112.50$8,838
Jan 1994564112.66$7,140
Dec 1993571112.33$7,040
Nov 1993558114.49$8,085
Oct 1993539115.85$8,543
Sep 19935411415.03$8,131
Aug 19935171315.66$8,096
Jul 19935303115.46$8,194
Jun 1993533116.79$8,949
May 1993529117.68$9,353
Apr 1993539118.05$9,729
Mar 19936616218.14$11,991
Feb 19936925617.90$12,387
Jan 1993989216.93$16,744

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                  281 bbl  × $106.41 =    $29,901
Casinghead gas        31 Mcf  × $  3.05 =        $94

────────────────────────────────────────────────────
Month total                                  $29,996

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. 7B/O/17635 is the state's own key, not one this site invented.