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Texas oil lease

Producing

ANGUS SPEAR TR., 2

Angus Spear TR., 2 is an oil lease in Gregg County, Texas, operated by Basa Resources, Inc. in the East Texas field.

2 wells

2,054bbl oil, last 12 months−9% vs prior year
Operator
Basa Resources, Inc.
County
Gregg County
Field
East Texas
RRC lease
6E-06847

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Where it sits

This county

Gregg CountyGreggPanolaUpshurCassWoodMorrisHopkinsSmithRuskHarrisonMarionCampGregg County
Gregg County
Oil in Jul 2026
170 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 9% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 9% over the last 12 monthsMonthly oil production for ANGUS SPEAR TR., 2, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 2,054 bbl in the 12 months through Jul 2026, against 2,246 bbl in the 12 months before.Last 12 months: 2,054 bblbbl per month050100150200250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 9% over the last 12 monthsMonthly oil production for ANGUS SPEAR TR., 2, Aug 2023 to Jul 2026. Oil output fell 9% over the last 12 months. 2,054 bbl in the 12 months through Jul 2026, against 2,246 bbl in the 12 months before.Last 12 monthsbbl per month050100150200250Jan 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.

2 wells on this lease

Wells on ANGUS SPEAR TR., 2
API numberWell no.Status
42-183-8358851Active
42-183-8358953Active

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.OilGathers100Feb 1, 2015Apr 1, 2025
American Midstream Gas Sltns, LPCasinghead gasGathers100Jan 1, 2016Jul 1, 2021
American Midstream Gas Sltns, LPCasinghead gasBuys100Jan 1, 2016Jul 1, 2021

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

Who buys my oilOil price check

What the drilling permits say

  • Good to know

    The state has no unit acreage for this lease

    Ask the operator for the acreage on your well's division order and unit plat.

Check your decimal on this lease
Permits for Angus Spear TR., 2
API numberWell no.Acreson the permit
42-183-8358638–
42-183-8358747–
42-183-8358851–
42-183-8358953–
42-183-9003252–

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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36 months, newest first

Ledger for ANGUS SPEAR TR., 2
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026170165$80.46$2.89
Jun 2026165160$84.81$3.15
May 2026179166$102.13$2.94
Apr 2026173159$100.32$2.77
Mar 2026175169$91.38$3.04
Feb 2026147340$64.51$3.62
Jan 20261770$60.04$7.72
Dec 2025180175$57.97$4.26
Nov 2025181181$60.06$3.79
Oct 2025186176$60.89$3.19
Sep 2025163330$63.96$2.97
Aug 20251580$64.86$2.91
Jul 2025181174$68.39$3.20
Jun 2025189179$68.17$3.02
May 2025182311$62.17$3.12
Apr 2025190176$63.54$3.42
Mar 2025169166$68.24$4.12
Feb 2025156162$71.53$4.19
Jan 2025203172$75.74$4.13
Dec 2024212155$70.12$3.01
Nov 2024189164$69.95$2.12
Oct 2024188325$71.99$2.20
Sep 2024195161$70.24$2.28
Aug 2024192189$76.68$1.99
Jul 2024780$81.80$2.07
Jun 202497155$79.77$2.54
May 2024126163$80.02$2.12
Apr 20241250$85.35$1.60
Mar 2024137153$81.28$1.49
Feb 2024161156$77.25$1.72
Jan 2024157174$74.15$3.18
Dec 2023129181$71.90$2.52
Nov 2023155170$77.69$2.71
Oct 2023142163$85.64$2.98
Sep 2023150162$89.43$2.64
Aug 20231110$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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This lease belongs to

OperatorBasa Resources, Inc.FieldEast TexasCountyGregg County

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