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Texas oil lease

Producing

PRICE, J. M.

Price, J. M. is an oil lease in Rusk County, Texas, operated by Basa Resources, Inc. in the East Texas field.

10 wells

4,689bbl oil, last 12 months+15% vs prior year
Operator
Basa Resources, Inc.
County
Rusk County
Field
East Texas
RRC lease
6E-07348

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Where it sits

This county

Rusk CountyRuskPanolaGreggUpshurShelbySmithHarrisonCherokeeRusk County
Rusk County
Oil in Jul 2026
368 bbl
Reporting since
Jan 2020

Production by month

Oil output rose 15% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output rose 15% over the last 12 monthsMonthly oil production for PRICE, J. M., Aug 2023 to Jul 2026. Oil output rose 15% over the last 12 months. 4,689 bbl in the 12 months through Jul 2026, against 4,093 bbl in the 12 months before.Last 12 months: 4,689 bblbbl per month0100200300400500Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 15% over the last 12 monthsMonthly oil production for PRICE, J. M., Aug 2023 to Jul 2026. Oil output rose 15% over the last 12 months. 4,689 bbl in the 12 months through Jul 2026, against 4,093 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400500Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

10 wells on this lease

Wells on PRICE, J. M.
API numberWell no.Status
42-401-013899Active
42-401-0139111Active
42-401-837331Active
42-401-837342Active
42-401-837353Active
42-401-837364Active
42-401-837375Active
42-401-837386Active
42-401-837418WShut-in
42-401-8374410Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers90Apr 1, 2025–
Plains Marketing, L.p.OilGathers10Apr 1, 2025–
Plains Marketing, L.p.OilGathers100Jul 1, 2000Apr 1, 2025

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

55 acres on the newest permit

  • Good to know

    14 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

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Permits for Price, J. M.
API numberWell no.Acreson the permit
42-401-310051W55
42-401-013899–
42-401-0139111–
42-401-837331–
42-401-837342–
42-401-837353–
42-401-837364–
42-401-837375–
42-401-837386–
42-401-837397–
42-401-837397W–
42-401-837418–

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for PRICE, J. M.
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026368355$80.46$2.89
Jun 2026374335$84.81$3.15
May 2026402536$102.13$2.94
Apr 2026393358$100.32$2.77
Mar 2026419276$91.38$3.04
Feb 2026375362$64.51$3.62
Jan 2026397521$60.04$7.72
Dec 2025420358$57.97$4.26
Nov 2025414511$60.06$3.79
Oct 2025429342$60.89$3.19
Sep 2025350347$63.96$2.97
Aug 2025348353$64.86$2.91
Jul 2025364337$68.39$3.20
Jun 2025298466$68.17$3.02
May 2025386181$62.17$3.12
Apr 2025352347$63.54$3.42
Mar 2025338367$68.24$4.12
Feb 2025317496$71.53$4.19
Jan 2025344171$75.74$4.13
Dec 2024388511$70.12$3.01
Nov 2024308165$69.95$2.12
Oct 2024336454$71.99$2.20
Sep 2024333329$70.24$2.28
Aug 2024329336$76.68$1.99
Jul 2024342349$81.80$2.07
Jun 2024271168$79.77$2.54
May 2024316346$80.02$2.12
Apr 2024303339$85.35$1.60
Mar 2024332322$81.28$1.49
Feb 2024297310$77.25$1.72
Jan 2024300329$74.15$3.18
Dec 2023322345$71.90$2.52
Nov 2023325340$77.69$2.71
Oct 2023222157$85.64$2.98
Sep 2023214162$89.43$2.64
Aug 2023286297$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorBasa Resources, Inc.FieldEast TexasCountyRusk County

Basa Resources, Inc. in Rusk County

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East Texas field

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