LEASES · O-7-6848 · OIL · DISTRICT 6E
Angus Spear Tr., 4&5
Basa Resources, Inc. · Gregg County · East Texas field
Angus Spear TR., 4&5 is an RRC oil lease (O-7-6848) in Gregg County operated by Basa Resources, Inc., with 6 wells completed on it.
It has reported 77.5K barrels of oil and 38.1K mcf of gas since the record begins in January 1993, last reporting volume in August 2026 (statewide data runs through August 2026).
It reported 1.73K barrels of oil in the 12 months through August 2026, down 5% on the year before; the lease peaked at 424 barrels in September 2015.
2 operators have filed production on it, most recently Basa Resources, Inc. since January 2015.
- 77.5K
- bbl oil, all reported
- 38.1K
- mcf gas incl. casinghead
- 1.73K
- bbl oil, 12 months through Aug 2026
- -5%
- vs the 12 before
- 6
- wells completed on it
- 424
- peak month, bbl (Sep 2015)
PDQ LEASE REPORTS · ON RECORD FROM JAN 1993, THE RECORD'S FIRST MONTH · LAST VOLUME AUG 2026 · STATEWIDE DATA THROUGH AUG 2026
Oil by month
Barrels reported on Form PR for the whole lease. The latest months are revised upward as late reports arrive.
12 months through Aug 2026 1,732 · prior 12 1,826(-5%)
Gas by month
Gas-well gas plus casinghead gas, mcf. On an oil lease all gas is reported as casinghead. The latest months are revised upward as late reports arrive.
12 months through Aug 2026 933 · prior 12 1,765(-47%)
Decline curve
None shown. Petrora fits an Arps curve only when the last ten years of oil reports follow one decline closely enough to project (R² of 0.7 or better over at least a year since the peak). This lease's recent history does not, so a projection would be a guess dressed as a number.
Who reported it
Each run of months one operator filed the production report, oldest first, with what it reported in them.
- Chevron U. S. A. Inc.Jan 1993 → Dec 2014 · 264 mo54.1K bbl oil · 18.5K mcf gas
- Basa Resources, Inc.Jan 2015 → Nov 2026 · 143 mo23.4K bbl oil · 19.7K mcf gas
Wells on the lease
FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL
6
wells completed on the lease
- Not on Schedule
- 3
- Plugged
- 2
- Producing
- 1
Operates them now
About this data
Monthly oil, gas, and casinghead from the RRC PDQ production dump, which lags the reporting month by two to three months; figures shown through Aug 2026. Wells from completion reports; operator runs from who filed each month's report.
Developers: this page as JSON is GET /v1/data/leases/tx/o-7-6848, documented in the API reference.