LEASES · O-7-7997 · OIL · DISTRICT 6E
Talley, M. M.
ReportingBasa Resources, Inc. · East Texas field
Talley, M. M. is an RRC oil lease (O-7-7997) in the East Texas field operated by Basa Resources, Inc., with 3 wells completed on it.
It has reported 85.3K barrels of oil and 54 mcf of gas since January 1993, last reporting volume in June 2025 (statewide data runs through April 2026).
The last 12 reported months total 17 barrels of oil, down 97% on the year before; the lease peaked at 1.44K barrels in June 1993.
6 operators have filed production on it, most recently Basa Resources, Inc. since August 2019.
- 85.3K
- bbl oil, all reported
- 54
- mcf gas incl. casinghead
- 17
- bbl oil, last 12 reported
- -97%
- vs the 12 before
- 3
- wells completed on it
- 1.44K
- peak month, bbl (Jun 1993)
PDQ LEASE REPORTS · FIRST JAN 1993 · LAST VOLUME JUN 2025 · STATEWIDE DATA THROUGH APR 2026
Oil by month
Barrels reported on Form PR for the whole lease. The latest months are revised upward as late reports arrive.
Last 12 months 17 · prior 12 527(-97%)
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.
Last 12 months 0 · prior 12 0
Decline curve
A MODEL FITTED TO THE REPORTS, NOT A REPORT
An Arps exponential curve fitted to the 104 reporting months of oil since the peak in Oct 2016. The dashed line below is that curve, drawn over the months it was fitted to and then 24 months past the last report; where it parts from the columns is where the model stops describing the lease. It describes the trend of past reports. It does not know about recompletions, shut-ins, or new wells, and it is shown only when the lease reported within the last year and the curve explains most of the history.
- 22%
- first-year decline from the peak (nominal Di 25%)
- 0.0
- b factor (exponential)
- 0.88
- fit R²
- 1.21K
- bbl remaining on the curve, to 1 per month
Oil, barrels reported months since the peak, with the fitted curve and its projection
Last 12 months 17 · prior 12 527(-97%)
Fitted exponential curve from the Oct 2016 peak, dashed 24 months past the last report
| Projected month | Oct 2026 | Apr 2027 | Oct 2027 | Apr 2028 |
|---|---|---|---|---|
| On the curve, bbl per month | 23 | 21 | 18 | 16 |
Quoting a projected figure as if it were reported would be wrong; the reported figures are the ones in the charts and the table view. How production is reported →
Who reported it
Each run of months one operator filed the production report, oldest first.
- Tate, Larry V. Operating, Inc.Jan 1993 → May 2001 · 101 mo
- S.E.D.I.Jun 2001 → Nov 2012 · 138 mo
- Signal Oil Company, LLCDec 2012 → Mar 2014 · 16 mo
- Quantum Resources Management,llcApr 2014 → Dec 2014 · 9 mo
- Breitburn Operating L.P.Jan 2015 → Jul 2019 · 55 mo
- Basa Resources, Inc.Aug 2019 → Jul 2026 · 84 mo
Wells on the lease
FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL
3
wells completed on the lease
- Producing
- 2
- Plugged
- 1
Operates them now
Newest permits
- — #1—
- — #2—
- — #3—
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 Apr 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-7-7997, documented in the API reference.