BRANCH, CHAS.

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 3877District 7BField 85948001OilCasinghead gasSave
Value, all time
$6.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$212 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
OilDisposition155,958 bbl$6,835,241
Casinghead gasProduction11,754 Mcf$28,755
Total$6,863,996

3,789 Mcf of this lease's gas, across 47 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 (13)

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 32.7479, -98.9329. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.74803, -98.93261 · 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
69.2%
9 of 13 wells
With a plug date
69.2%
9 of 13 wells
Median depth
3,370 ft
13 wells filed one
Completion to plug
9.0 years
median over 7 wells

What the state filed about each well

On the RRC proration schedule
969.2%
A plug date is filed
969.2%
BothOn the schedule and plugged. Neither fact cancels the other.
969.2%
NeitherNo plug date, and not on the schedule.
430.8%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 13 of 13 wells. Median 3,370 ft, with the middle half between 3,310 and 3,395 ft; the shallowest is 3,239 ft and the deepest 3,460 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

70s
80s

Last completion by decade, 10 of 13 wells, Mar 1975 – Dec 1987. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 1975 – Dec 1987
10 of 13 wells; 3 filed none
Plug dates filed
Dec 1986 – Sep 1993
9 of 13 wells; 4 filed none

Last completion to plug: a median of 9.0 years across the 7 wells that filed both dates, with the middle half between 7.3 years and 15.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

13 wells

42-42934097163,400 ftSep 1990Yes
42-4298083113,239 ftDec 1986Yes
42-4293046063,280 ft
42-42933513133,460 ftDec 1987Sep 1993Yes
42-4293154383,370 ftAug 1985Sep 1990Yes
42-42931540103,370 ftOct 1984Sep 1993Yes
42-42934096153,380 ftOct 1984
42-4293044953,380 ftSep 1984Sep 1993Yes
42-42933512143,400 ftJan 1983
42-4293105973,360 ftOct 1976Sep 1990Yes
42-4293084793,395 ftNov 1975Sep 1993Yes
42-42930638113,310 ftApr 1975Sep 1993Yes
42-42930630123,300 ftMar 1975

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 202619735106.413.05$21,069
Apr 20262335498.932.87$23,206
Mar 2026257089.753.15$23,066
Feb 2026258063.503.75$16,383
Jan 2026303059.138.00$17,916
Dec 2025282056.664.41$15,978
Nov 2025271058.593.93$15,878
Oct 2025256059.383.30$15,201
Sep 2025237062.743.08$14,869
Aug 2025264063.933.01$16,878
Jul 2025250066.743.32$16,685
Jun 2025228066.483.13$15,157
May 2025253060.553.23$15,319
Apr 2025208062.363.54$12,971
Mar 2025191067.704.27$12,931
Feb 2025201070.884.34$14,247
Jan 2025225074.324.28$16,722
Dec 2024230068.993.12$15,868
Nov 2024211069.052.20$14,570
Oct 2024227071.372.28$16,201
Sep 2024243069.612.36$16,915
Aug 2024249075.632.06$18,832
Jul 2024222079.932.15$17,744
Jun 2024256078.082.63$19,988
May 2024257078.812.20$20,254
Apr 2024233084.451.66$19,677
Mar 2024258080.301.55$20,717
Feb 2024249076.091.78$18,946
Jan 2024267073.023.30$19,496
Dec 2023248071.262.61$17,672
Nov 2023260077.892.81$20,251
Oct 2023262485.443.09$22,398
Sep 2023255189.042.74$22,708
Aug 2023244080.522.67$19,647
Jul 2023262074.852.64$19,611
Jun 2023233068.962.26$16,068
May 2023258070.622.23$18,220
Apr 2023246078.122.24$19,218
Mar 2023275072.852.39$20,034
Feb 2023241075.112.47$18,102
Jan 2023252076.533.39$19,286
Dec 2022317076.415.73$24,222
Nov 2022276085.005.65$23,460
Oct 2022256087.185.86$22,318
Sep 2022261084.888.16$22,154
Aug 2022303094.529.13$28,640
Jul 20222270101.587.54$23,059
Jun 20222580115.097.98$29,693
May 20222310109.378.43$25,264
Apr 20222250104.226.84$23,450
Mar 20222780108.885.08$30,269
Feb 2022288091.054.86$26,222
Jan 2022291081.844.54$23,815
Dec 2021300071.323.90$21,396
Nov 2021389077.435.24$30,120
Oct 2021327079.795.71$26,091
Sep 2021270069.865.35$18,862
Aug 2021312066.024.22$20,598
Jul 2021358070.783.98$25,339
Jun 2021284069.493.38$19,735
May 2021312063.483.02$19,806
Apr 2021277060.362.76$16,720
Mar 2021332061.302.72$20,352
Feb 2021225057.805.55$13,005
Jan 2021329050.412.81$16,585
Dec 2020325044.642.68$14,508
Nov 2020289038.772.71$11,205
Oct 2020277036.972.48$10,241
Sep 2020223037.091.99$8,271
Aug 2020280039.982.39$11,194
Jul 2020283038.371.83$10,859
Jun 2020296034.901.69$10,330
May 2020301016.921.81$5,093
Apr 2020283014.751.80$4,174
Mar 2020278030.341.86$8,435
Feb 2020276049.881.98$13,767
Jan 2020291057.252.09$16,660
Dec 2019295059.012.30$17,408
Nov 2019300055.302.75$16,590
Oct 2019286053.472.42$15,292
Sep 2019276055.052.66$15,194
Aug 2019299053.112.30$15,880
Jul 2019153056.272.46$8,609
Jun 2019293052.782.49$15,465
May 2019297058.482.74$17,369
Apr 2019430062.632.75$26,931
Mar 2019285056.803.06$16,188
Feb 2019280050.852.79$14,238
Jan 2019248046.033.23$11,415
Dec 2018170046.594.19$7,920
Nov 2018286052.934.24$15,138
Oct 2018302061.443.40$18,555
Sep 2018287059.543.11$17,088
Aug 2018334059.403.07$19,840
Jul 2018324065.142.93$21,105
Jun 2018311060.183.08$18,716
May 2018323065.382.90$21,118
Apr 2018324063.842.90$20,684
Mar 2018336061.222.79$20,570
Feb 2018278061.782.77$17,175
Jan 2018390062.874.01$24,519
Dec 2017381057.272.92$21,820
Nov 2017389055.423.12$21,558
Oct 2017396049.292.98$19,519
Sep 2017332047.523.09$15,777
Aug 2017368045.373.00$16,696
Jul 2017346043.873.09$15,179
Jun 2017350042.493.09$14,872
May 2017340045.373.26$15,426
Apr 2017360047.933.21$17,255
Mar 2017417046.772.98$19,503
Feb 2017438050.452.95$22,097
Jan 2017245049.413.42$12,105
Dec 2016149048.763.72$7,265
Nov 2016148042.492.64$6,289
Oct 2016150046.193.09$6,929
Sep 2016142041.553.10$5,900
Aug 2016265041.442.92$10,982
Jul 2016255041.622.92$10,613
Jun 2016266045.352.69$12,063
May 2016254042.521.99$10,800
Apr 2016254036.561.99$9,286
Mar 2016258033.011.79$8,517
Feb 2016242026.472.06$6,406
Jan 2016250027.352.36$6,838
Dec 2015251032.362.00$8,122
Nov 2015252038.792.17$9,775
Oct 2015275043.552.43$11,976
Sep 2015256042.992.76$11,005
Aug 2015232040.162.87$9,317
Jul 2015273048.152.95$13,145
Jun 2015271056.152.88$15,217
May 2015284055.212.96$15,680
Apr 2015253049.822.71$12,604
Mar 2015278042.892.93$11,923
Feb 2015226044.662.98$10,093
Jan 2015272043.433.10$11,813
Dec 2014279054.693.59$15,259
Nov 2014271070.464.25$19,095
Oct 2014270078.303.90$21,141
Sep 2014261086.164.05$22,488
Aug 2014276089.394.04$24,672
Jul 2014287096.564.18$27,713
Jun 2014284098.164.74$27,877
May 2014292094.734.73$27,661
Apr 2014296095.944.81$28,398
Mar 2014303095.895.06$29,055
Feb 2014260097.406.19$25,324
Jan 2014315090.404.86$28,476
Dec 2013329091.824.35$30,209
Nov 2013294088.853.74$26,122
Oct 2013306097.423.78$29,811
Sep 20133010104.113.72$31,337
Aug 20133250104.253.52$33,881
Jul 20133110102.523.72$31,884
Jun 2013301094.403.93$28,414
May 2013326094.834.15$30,915
Apr 2013315093.964.28$29,597
Mar 2013324093.623.91$30,333
Feb 2013285091.233.42$26,001
Jan 2013294091.603.42$26,930
Dec 2012327086.773.42$28,374
Nov 2012304086.953.62$26,433
Oct 2012294089.383.40$26,278
Sep 2012306094.672.92$28,969
Aug 2012308092.662.91$28,539
Jul 2012313085.133.02$26,646
Jun 2012286079.822.52$22,829
May 2012325091.612.49$29,773
Apr 20123140101.652.00$31,918
Mar 20123320105.052.22$34,877
Feb 20123190101.102.57$32,251
Jan 2012342098.092.73$33,547
Dec 2011347096.873.24$33,614
Nov 2011328095.723.31$31,396
Oct 2011355084.983.65$30,168
Sep 2011324083.623.99$27,093
Aug 2011341083.404.15$28,439
Jul 2011331094.144.52$31,160
Jun 2011328092.904.64$30,471
May 2011299098.134.40$29,341
Apr 20113180105.964.33$33,695
Mar 2011321096.364.06$30,932
Feb 2011260085.644.18$22,266
Jan 2011312086.504.59$26,988
Dec 2010309085.734.35$26,491
Nov 2010328080.843.80$26,516
Oct 2010327078.103.51$25,539
Sep 2010299072.633.98$21,716
Aug 2010312073.684.42$22,988
Jul 2010318072.554.74$23,071
Jun 2010306070.364.91$21,530
May 2010300071.124.24$21,336
Apr 2010277081.694.12$22,628
Mar 2010295078.394.39$23,125
Feb 2010283073.585.44$20,823
Jan 2010312074.365.96$23,200
Dec 2009222071.445.48$15,860
Nov 2009286074.593.75$21,333
Oct 2009296072.544.11$21,472
Sep 2009299065.543.06$19,596
Aug 2009300067.423.22$20,226
Jul 2009260061.133.46$15,894
Jun 2009260066.163.90$17,202
May 2009272054.743.93$14,889
Apr 2009248046.773.59$11,599
Mar 2009281042.144.06$11,841
Feb 2009250032.814.63$8,203
Jan 2009292035.865.37$10,471
Dec 2008296037.105.98$10,982
Nov 2008277055.496.86$15,371
Oct 2008291075.246.92$21,895
Sep 20082840101.767.88$28,900
Aug 20083110114.228.48$35,522
Jul 20083040131.0811.39$39,848
Jun 20082880131.3313.03$37,823
May 20082770123.1711.57$34,118
Apr 20082720110.3110.45$30,004
Mar 20082880101.909.66$29,347
Feb 2008267092.538.77$24,706
Jan 2008306090.388.21$27,656
Dec 2007306088.337.30$27,029
Nov 2007301091.677.29$27,593
Oct 2007303082.856.92$25,104
Sep 2007294075.846.24$22,297
Aug 2007298069.066.39$20,580
Jul 2007296070.906.39$20,986
Jun 2007274062.007.55$16,988
May 2007306058.747.85$17,974
Apr 2007291059.617.81$17,347
Mar 2007322056.927.30$18,328
Feb 2007297055.108.22$16,365
Jan 2007340050.306.73$17,102
Dec 2006344056.656.92$19,488
Nov 2006351054.207.62$19,024
Oct 2006344054.906.01$18,886
Sep 2006336060.085.04$20,187
Aug 2006333068.717.34$22,880
Jul 2006348069.376.34$24,141
Jun 2006348066.286.38$23,065
May 2006345066.016.42$22,773
Apr 2006314064.397.36$20,218
Mar 2006347056.707.08$19,675
Feb 2006306057.597.75$17,623
Jan 2006322060.598.93$19,510
Dec 2005342054.9413.42$18,789
Nov 2005288054.6910.59$15,751
Oct 2005327058.3413.80$19,077
Sep 2005327061.4512.08$20,094
Aug 2005350061.519.80$21,529
Jul 2005393055.697.84$21,886
Jun 2005353052.337.38$18,472
May 2005384045.226.65$17,364
Apr 2005367049.207.36$18,056
Mar 2005382050.377.15$19,241
Feb 2005407045.226.31$18,405
Jan 2005463043.166.32$19,983
Dec 2004434039.866.75$17,299
Nov 2004424045.286.33$19,199
Oct 2004439049.706.52$21,818
Sep 2004464043.245.28$20,063
Aug 2004468042.375.55$19,829
Jul 2004487038.286.08$18,642
Jun 2004435036.106.43$15,704
May 2004473037.486.49$17,728
Apr 2004421034.475.86$14,512
Mar 2004453034.365.53$15,565
Feb 2004436032.455.51$14,148
Jan 2004466032.036.30$14,926
Dec 2003449030.266.30$13,587
Nov 2003346028.804.60$9,965
Oct 2003346028.174.76$9,747
Sep 200333315026.314.75$9,474
Aug 200333618029.765.13$10,923
Jul 200337018329.415.17$11,828
Jun 200336418028.565.98$11,473
May 200337525626.595.97$11,500
Apr 20033756226.675.41$10,337
Mar 20033627331.146.10$11,718
Feb 20033114333.487.93$10,753
Jan 20033616930.315.58$11,327
Dec 20023646726.914.85$10,120
Nov 20023539024.664.14$9,077
Oct 20023444826.464.23$9,305
Sep 20023263627.443.64$9,076
Aug 20023767425.963.16$9,995
Jul 20023589324.583.06$9,084
Jun 20023844623.733.34$9,266
May 200238210424.663.58$9,793
Apr 20024249023.653.51$10,344
Mar 20023976422.003.10$8,933
Feb 20023656018.222.38$6,793
Jan 20023942617.172.38$6,827
Dec 20014173316.932.36$7,138
Nov 20013741318.072.41$6,789
Oct 20014153219.782.53$8,290
Sep 20014046424.262.25$9,945
Aug 20014458524.873.05$11,327
Jul 20014665823.933.20$11,337
Jun 20014447024.563.82$11,172
May 20014304225.524.31$11,155
Apr 20014495924.685.34$11,396
Mar 20014887624.545.38$12,384
Feb 200147611627.755.77$13,878
Jan 200149911027.478.40$14,631
Dec 20005237626.889.12$14,752
Nov 200046214632.215.66$15,707
Oct 200051722231.235.15$17,288
Sep 200048817431.875.19$16,455
Aug 200052217429.644.54$16,262
Jul 200055916428.534.09$16,619
Jun 200054511829.304.40$16,487
May 200055911427.263.68$15,658
Apr 200059810124.513.12$14,972
Mar 20006169528.422.86$17,778
Feb 20005599127.622.73$15,688
Jan 20006218625.272.48$15,906
Dec 199962814224.282.42$15,592
Nov 199961219323.192.43$14,662
Oct 199959916020.982.80$13,016
Sep 199960313621.752.62$13,471
Aug 199961915219.262.88$12,359
Jul 199958014917.892.37$10,730
Jun 199958020215.942.36$9,722
May 199961514715.792.32$10,052
Apr 199958918515.102.21$9,302
Mar 199957717412.471.84$7,515
Feb 19995651009.981.82$5,820
Jan 199961410410.381.90$6,571
Dec 1998632849.201.77$5,963
Nov 19985945810.892.19$6,595
Oct 19986089212.421.97$7,733
Sep 199848511912.592.08$6,354
Aug 19986275411.301.91$7,188
Jul 19986115411.742.24$7,294
Jun 199858614011.242.24$6,900
May 199862713212.622.21$8,204
Apr 199859412813.042.51$8,066
Mar 19986019912.802.31$7,921
Feb 199853610213.952.30$7,712
Jan 199859110014.702.15$8,903
Dec 19975968816.322.41$9,939
Nov 199759413818.193.09$11,231
Oct 19976039819.253.15$11,916
Sep 19975974417.742.95$10,721
Aug 19976115017.862.55$11,040
Jul 1997642817.582.25$11,304
Jun 1997639817.242.26$11,034
May 1997663618.972.31$12,591
Apr 19976361217.882.08$11,397
Mar 19976423418.951.94$12,232
Feb 19975941020.492.21$12,193
Jan 19976665623.483.54$15,836
Dec 19966701623.32$15,624
Nov 19966421221.97$14,105
Oct 19966327623.31$14,732
Sep 19966383022.22$14,176
Aug 19966753020.26$13,676
Jul 19966797219.55$13,274
Jun 19966536018.73$12,231
May 19966993819.43$13,582
Apr 19966739821.51$14,476
Mar 19966969419.38$13,488
Feb 19966089016.98$10,324
Jan 19966748417.07$11,505
Dec 19956637417.19$11,397
Nov 199557311216.00$9,168
Oct 19954609315.43$7,098
Sep 199552413516.18$8,478
Aug 19957118015.92$11,319
Jul 19957139815.24$10,866
Jun 19957088116.41$11,618
May 199574511017.56$13,082
Apr 19957238817.73$12,819
Mar 19957493616.44$12,314
Feb 19956341416.58$10,512
Jan 19956751415.92$10,746
Dec 19947801615.03$11,723
Nov 19946541115.90$10,399
Oct 1994720015.58$11,218
Sep 1994707215.29$10,810
Aug 1994732216.13$11,807
Jul 19947401417.56$12,994
Jun 19947262217.09$12,407
May 19947186215.88$11,402
Apr 19946889214.14$9,728
Mar 19946738412.46$8,386
Feb 199458710812.50$7,338
Jan 199471211912.66$9,014
Dec 19937129412.33$8,779
Nov 19937479814.49$10,824
Oct 19937969615.85$12,617
Sep 199374710815.03$11,227
Aug 199379313915.66$12,418
Jul 199382415215.46$12,739
Jun 199379112016.79$13,281
May 199374017817.68$13,083
Apr 199376812218.05$13,862
Mar 199369813318.14$12,662
Feb 199364222417.90$11,492
Jan 199383315816.93$14,103

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                  197 bbl  × $106.41 =    $20,963
Casinghead gas        35 Mcf  × $  3.05 =       $107

────────────────────────────────────────────────────
Month total                                  $21,069

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/3877 is the state's own key, not one this site invented.