Texas oil lease
ProducingPRICE, 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
- Operator
- Basa Resources, Inc.
- County
- Rusk County
- Field
- East Texas
- RRC lease
- 6E-08311
Is your check right?
Where it sits
This 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
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Where the gas went
No gas disposition reported for this lease
18 wells on this lease
| API number | Well no. | Status |
|---|---|---|
| 42-401-30740 | 19W | Active |
| 42-401-85456 | 1 | Active |
| 42-401-85457 | 2 | Shut-in |
| 42-401-85458 | 3 | Active |
| 42-401-85460 | 5 | Active |
| 42-401-85461 | 6 | Shut-in |
| 42-401-85462 | 7 | Shut-in |
| 42-401-85463 | 8 | Shut-in |
| 42-401-85464 | 9 | Active |
| 42-401-85465 | 10 | Shut-in |
| 42-401-85466 | 11 | Active |
| 42-401-85467 | 12 | Shut-in |
| 42-401-85468 | 13 | Active |
| 42-401-85469 | 14 | Active |
| 42-401-85470 | 15 | Shut-in |
| 42-401-85471 | 16 | Active |
| 42-401-85472 | 17 | Active |
| 42-401-85473 | 18 | Active |
SourceTexas Railroad Commission Wellbore Query.
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Energy Trans Crude Marketing LLC | Oil | Gathers | 90 | Apr 1, 2025 | – |
| Plains Marketing, L.p. | Oil | Gathers | 10 | Apr 1, 2025 | – |
| Jge Gas Solutions, LP | Casinghead gas | Buys | 100 | Jul 1, 2021 | – |
| Jge Gas Solutions, LP | Casinghead gas | Gathers | 100 | Jul 1, 2021 | – |
| Plains Marketing, L.p. | Oil | Gathers | 100 | Jul 1, 2000 | Apr 1, 2025 |
| American Midstream Gas Sltns, LP | Casinghead gas | Gathers | 100 | Jan 1, 2016 | Jul 1, 2021 |
| Desoto Pipeline Co., Inc. | Casinghead gas | Buys | 100 | Aug 1, 1994 | Jul 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.
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-401-30740 | 19W | Oct 10, 1978 | Oct 26, 1978 | 90 |
| 42-401-85456 | 1 | – | Jan 5, 1932 | – |
| 42-401-85457 | 2 | – | Apr 8, 1932 | – |
| 42-401-85458 | 3 | – | Apr 30, 1932 | – |
| 42-401-85459 | 4 | – | – | – |
| 42-401-85460 | 5 | – | Jan 12, 1984 | – |
| 42-401-85461 | 6 | – | Sep 8, 1932 | – |
| 42-401-85462 | 7 | – | Sep 21, 1932 | – |
| 42-401-85463 | 8 | – | Feb 22, 1933 | – |
| 42-401-85464 | 9 | – | Jun 25, 1983 | – |
| 42-401-85465 | 10 | – | May 13, 1983 | – |
| 42-401-85466 | 11 | – | Jan 12, 1984 | – |
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|
| Jul 2026 | 70 | 0 | $80.46 | $2.89 |
| Jun 2026 | 80 | 147 | $84.81 | $3.15 |
| May 2026 | 94 | 0 | $102.13 | $2.94 |
| Apr 2026 | 92 | 151 | $100.32 | $2.77 |
| Mar 2026 | 77 | 169 | $91.38 | $3.04 |
| Feb 2026 | 13 | 0 | $64.51 | $3.62 |
| Jan 2026 | 89 | 0 | $60.04 | $7.72 |
| Dec 2025 | 133 | 176 | $57.97 | $4.26 |
| Nov 2025 | 90 | 0 | $60.06 | $3.79 |
| Oct 2025 | 94 | 169 | $60.89 | $3.19 |
| Sep 2025 | 83 | 179 | $63.96 | $2.97 |
| Aug 2025 | 96 | 0 | $64.86 | $2.91 |
| Jul 2025 | 70 | 0 | $68.39 | $3.20 |
| Jun 2025 | 87 | 176 | $68.17 | $3.02 |
| May 2025 | 142 | 177 | $62.17 | $3.12 |
| Apr 2025 | 121 | 0 | $63.54 | $3.42 |
| Mar 2025 | 114 | 176 | $68.24 | $4.12 |
| Feb 2025 | 139 | 164 | $71.53 | $4.19 |
| Jan 2025 | 96 | 163 | $75.74 | $4.13 |
| Dec 2024 | 163 | 155 | $70.12 | $3.01 |
| Nov 2024 | 150 | 157 | $69.95 | $2.12 |
| Oct 2024 | 170 | 146 | $71.99 | $2.20 |
| Sep 2024 | 138 | 0 | $70.24 | $2.28 |
| Aug 2024 | 113 | 169 | $76.68 | $1.99 |
| Jul 2024 | 161 | 166 | $81.80 | $2.07 |
| Jun 2024 | 169 | 149 | $79.77 | $2.54 |
| May 2024 | 157 | 162 | $80.02 | $2.12 |
| Apr 2024 | 147 | 165 | $85.35 | $1.60 |
| Mar 2024 | 211 | 166 | $81.28 | $1.49 |
| Feb 2024 | 81 | 150 | $77.25 | $1.72 |
| Jan 2024 | 87 | 0 | $74.15 | $3.18 |
| Dec 2023 | 146 | 167 | $71.90 | $2.52 |
| Nov 2023 | 292 | 351 | $77.69 | $2.71 |
| Oct 2023 | 272 | 336 | $85.64 | $2.98 |
| Sep 2023 | 247 | 153 | $89.43 | $2.64 |
| Aug 2023 | 331 | 339 | $81.39 | $2.58 |
SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.
How to check your stub against this lease Checks stopped on this lease? See the likely reasonsDo your checks match this lease?
Nearby
This lease belongs to
Basa Resources, Inc. in Rusk County
- RUSSELL, ROSA, ETAL
1,036 bbl
- MASON, J. F.
1,084 bbl
- BROWN, J. T. "A"
1,062 bbl
- COOLIDGE, MRS. L. E. A/C 3
965 bbl
- LAIRD, S. S.
1,026 bbl
- ARNOLD, J. H. /ACCT. #1/
1,019 bbl
- FLOREY, J. D.
991 bbl
- BIRDSONG
1,014 bbl
- MCDAVID, EULA
936 bbl
- ELLIOTT, J. R.
895 bbl
East Texas field
- BARTON, V. H.
1,041 bbl
- LAIRD, S. S.
1,026 bbl
- ARNOLD, J. H. /ACCT. #1/
1,019 bbl
- FLOREY, J. D.
991 bbl
- BIRDSONG
1,014 bbl
- ALFORD, J. R. "A"
1,011 bbl
- PRITCHARD
1,010 bbl
- KELLY, DAN
1,008 bbl
- BANDER
948 bbl
- SHEPPARD, M. O.
945 bbl
Leases within 10 km
- BURTON, R. J.
4,542 bbl · 0.3 km
- LEDBETTER, DIVERNIA
6,362 bbl · 0.4 km
- SILER, W. H. R/A -A2-
0 bbl · 0.4 km
- PRICE, M. A.
3,315 bbl · 0.5 km
- BURTON, H. C.
12 bbl · 0.5 km
- VALBASA
10,238 mcf · 0.5 km
- APOLLO LEASE
1,009 bbl · 0.7 km
- MOORES, R. A. R/A -C-
5,122 bbl · 0.7 km
- PRICE, SUE
0 mcf · 0.9 km
- TALIAFERRO HEIRS
0 mcf · 1.1 km
Drilling permits within 10 km
COLEMAN A OU #1H
new drill · horizontal · Sabine Energy Inc. · Rusk County · 2.1 km
Permit 0917043 · Jul 23, 2026
BENTON 'C' #5
recompletion · Buffco Production Inc. · Rusk County · 9.5 km
Permit 0917349 · Jul 22, 2026
COLEMAN B CV (AW) #2H
new drill · horizontal · Sabine Energy Inc. · Rusk County · 2.1 km
Permit 0917130 · Jul 20, 2026
COLEMAN A CV (AW) #1H
new drill · horizontal · Sabine Energy Inc. · Rusk County · 2.1 km
Permit 0917041 · Jul 15, 2026
COLEMAN B OU #2H
new drill · horizontal · Sabine Energy Inc. · Rusk County · 2.1 km
Permit 0917051 · Jul 15, 2026