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Texas oil lease

Producing

ANGUS SPEAR TR., 4&5

Angus Spear TR., 4&5 is an oil lease in Gregg County, Texas, operated by Basa Resources, Inc. in the East Texas field.

6 wells

1,701bbl oil, last 12 months−7% vs prior year
Operator
Basa Resources, Inc.
County
Gregg County
Field
East Texas
RRC lease
6E-06848

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Where it sits

This county

Gregg CountyGreggPanolaUpshurCassWoodMorrisHopkinsSmithRuskHarrisonMarionCampGregg County
Gregg County
Gas, last 12 months
1,075 mcf
Oil in Jul 2026
165 bbl

Production by month

Oil output fell 7% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for ANGUS SPEAR TR., 4&5, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 1,701 bbl in the 12 months through Jul 2026, against 1,825 bbl in the 12 months before.Last 12 months: 1,701 bblbbl per monthmcf per month005050100100150150200200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for ANGUS SPEAR TR., 4&5, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 1,701 bbl in the 12 months through Jul 2026, against 1,825 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005050100100150150200200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of ANGUS SPEAR TR., 4&5 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of ANGUS SPEAR TR., 4&5 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

6 wells on this lease

Wells on ANGUS SPEAR TR., 4&5
API numberWell no.Status
42-183-835907Active
42-183-835918Active
42-183-8359313Active
42-183-8359424Active
42-183-8359936Active
42-183-8360346Active

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.

  • Good to know

    15 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.

Check your decimal on this lease
Permits for Angus Spear TR., 4&5
API numberWell no.Acreson the permit
42-183-835907–
42-183-835918–
42-183-8359211–
42-183-8359313–
42-183-8359424–
42-183-8359525–
42-183-8359626–
42-183-8359727–
42-183-8359830–
42-183-8359936–
42-183-8360037–
42-183-8360141–

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

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36 months, newest first

Ledger for ANGUS SPEAR TR., 4&5
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026165171000$80.46$2.89
Jun 2026152154000$84.81$3.15
May 2026167177000$102.13$2.94
Apr 20261551621301300$100.32$2.77
Mar 20261071751351350$91.38$3.04
Feb 20261021571081080$64.51$3.62
Jan 202612701031030$60.04$7.72
Dec 20251401801091090$57.97$4.26
Nov 20251431771051050$60.06$3.79
Oct 20251541721191190$60.89$3.19
Sep 20251491761241240$63.96$2.97
Aug 202514001421420$64.86$2.91
Jul 20251561541501500$68.39$3.20
Jun 20251581601671670$68.17$3.02
May 20251621731731730$62.17$3.12
Apr 20251661681661660$63.54$3.42
Mar 20251311541191190$68.24$4.12
Feb 20251271811281280$71.53$4.19
Jan 20251721851451450$75.74$4.13
Dec 20241701521441440$70.12$3.01
Nov 20241531631431430$69.95$2.12
Oct 20241511671531530$71.99$2.20
Sep 20241401611351350$70.24$2.28
Aug 202413901301300$76.68$1.99
Jul 20241221651331330$81.80$2.07
Jun 20241041631091090$79.77$2.54
May 20241401671421420$80.02$2.12
Apr 20245701231230$85.35$1.60
Mar 20241541641451450$81.28$1.49
Feb 20241241671331330$77.25$1.72
Jan 20241611861411410$74.15$3.18
Dec 20231521611391390$71.90$2.52
Nov 202315201461460$77.69$2.71
Oct 20231651661451450$85.64$2.98
Sep 20231461631421420$89.43$2.64
Aug 20231561631571570$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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