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Royalty Clerk

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.

18 wells

1,011bbl oil, last 12 months−33% vs prior year
RRC lease
6E-08311

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Where it sits

This county

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

Production by month

Oil output fell 33% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 33% over the last 12 monthsMonthly oil production for PRICE, J. M., Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 1,011 bbl in the 12 months through Jul 2026, against 1,503 bbl in the 12 months before.Last 12 months: 1,011 bblbbl per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 33% over the last 12 monthsMonthly oil production for PRICE, J. M., Aug 2023 to Jul 2026. Oil output fell 33% over the last 12 months. 1,011 bbl in the 12 months through Jul 2026, against 1,503 bbl in the 12 months before.Last 12 monthsbbl per month0100200300400Jan 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.

18 wells on this lease

Wells on PRICE, J. M.
API numberWell no.Status
42-401-3074019WActive
42-401-854561Active
42-401-854572Shut-in
42-401-854583Active
42-401-854605Active
42-401-854616Shut-in
42-401-854627Shut-in
42-401-854638Shut-in
42-401-854649Active
42-401-8546510Shut-in
42-401-8546611Active
42-401-8546712Shut-in
42-401-8546813Active
42-401-8546914Active
42-401-8547015Shut-in
42-401-8547116Active
42-401-8547217Active
42-401-8547318Active

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–
Jge Gas Solutions, LPCasinghead gasBuys100Jul 1, 2021–
Jge Gas Solutions, LPCasinghead gasGathers100Jul 1, 2021–
Plains Marketing, L.p.OilGathers100Jul 1, 2000Apr 1, 2025
American Midstream Gas Sltns, LPCasinghead gasGathers100Jan 1, 2016Jul 1, 2021
Desoto Pipeline Co., Inc.Casinghead gasBuys100Aug 1, 1994Jul 1, 2021

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

90 acres on the newest permit

  • Good to know

    19 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.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Price, J. M.
API numberWell no.Acreson the permit
42-401-3074019W90
42-401-854561–
42-401-854572–
42-401-854583–
42-401-854594–
42-401-854605–
42-401-854616–
42-401-854627–
42-401-854638–
42-401-854649–
42-401-8546510–
42-401-8546611–

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

Estimate your royalty

36 months, newest first

Ledger for PRICE, J. M.
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026700$80.46$2.89
Jun 202680147$84.81$3.15
May 2026940$102.13$2.94
Apr 202692151$100.32$2.77
Mar 202677169$91.38$3.04
Feb 2026130$64.51$3.62
Jan 2026890$60.04$7.72
Dec 2025133176$57.97$4.26
Nov 2025900$60.06$3.79
Oct 202594169$60.89$3.19
Sep 202583179$63.96$2.97
Aug 2025960$64.86$2.91
Jul 2025700$68.39$3.20
Jun 202587176$68.17$3.02
May 2025142177$62.17$3.12
Apr 20251210$63.54$3.42
Mar 2025114176$68.24$4.12
Feb 2025139164$71.53$4.19
Jan 202596163$75.74$4.13
Dec 2024163155$70.12$3.01
Nov 2024150157$69.95$2.12
Oct 2024170146$71.99$2.20
Sep 20241380$70.24$2.28
Aug 2024113169$76.68$1.99
Jul 2024161166$81.80$2.07
Jun 2024169149$79.77$2.54
May 2024157162$80.02$2.12
Apr 2024147165$85.35$1.60
Mar 2024211166$81.28$1.49
Feb 202481150$77.25$1.72
Jan 2024870$74.15$3.18
Dec 2023146167$71.90$2.52
Nov 2023292351$77.69$2.71
Oct 2023272336$85.64$2.98
Sep 2023247153$89.43$2.64
Aug 2023331339$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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