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Texas gas well

Producing

BASSETT, WILLIAM P. GAS UNIT

Bassett, William P. Gas Unit is a gas well in Rusk County, Texas, operated by Merit Energy Company in the Oak Hill (Cotton Valley) field.

1 well

1,050mcf gas, last 12 months−27% vs prior year
Operator
Merit Energy Company
County
Rusk County
Field
Oak Hill (Cotton Valley)
RRC lease
06-128787

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Where it sits

This county

Rusk CountyRuskPanolaGreggUpshurShelbySmithHarrisonCherokeeRusk County
Rusk County
Oil, last 12 months
25 bbl
Gas in Jul 2026
96 mcf

Production by month

Gas output fell 27% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 27% over the last 12 monthsMonthly gas production and oil for BASSETT, WILLIAM P. GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 27% over the last 12 months. 1,050 mcf in the 12 months through Jul 2026, against 1,437 mcf in the 12 months before.Last 12 months: 1,050 mcfmcf per monthbbl per month001003200530084001050013Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 27% over the last 12 monthsMonthly gas production and oil for BASSETT, WILLIAM P. GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 27% over the last 12 months. 1,050 mcf in the 12 months through Jul 2026, against 1,437 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001003200530084001050013Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

91% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
91% of the gas went to a transmission line in the last 12 monthsShare of BASSETT, WILLIAM P. GAS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 91% 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
91% of the gas went to a transmission line in the last 12 monthsShare of BASSETT, WILLIAM P. GAS UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 91% 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.

  • Transmission line (2)

    91% · 956 mcf

  • Lease fuel (1)

    9.0% · 94 mcf

1 well on this lease

Wells on BASSETT, WILLIAM P. GAS UNIT
API numberWell no.Status
42-401-321982Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Plains Marketing, L.p.CondensateGathers50Sep 1, 2022–
Statewide Crude Inc.CondensateGathers50Sep 1, 2022–
Symmetry Energy Solutions, LLCGas-well gasBuys100Sep 1, 2022–
Midcoast Pipelines (E Tx) L.p.Gas-well gasGathers100Feb 1, 2019–
Plains Marketing, L.p.CondensateGathers34Apr 1, 2020Sep 1, 2022
Statewide Crude Inc.CondensateGathers33Apr 1, 2020Sep 1, 2022
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers33Apr 1, 2020Sep 1, 2022
Bp America Production CompanyGas-well gasBuys100Dec 3, 2019Sep 1, 2022
Statewide Crude Inc.CondensateGathers50Feb 1, 2010Apr 1, 2020
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers50Feb 1, 2010Apr 1, 2020

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

Who buys my oilOil price check

704 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Check your decimal on this lease
Permits for Bassett, William P. Gas Unit
API numberWell no.Acreson the permit
42-401-321982704

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for BASSETT, WILLIAM P. GAS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261096870$80.46$2.89
Jun 20261071650$84.81$3.15
May 20262098890$102.13$2.94
Apr 202611371650$100.32$2.77
Mar 20262075680$91.38$3.04
Feb 2026201101000$64.51$3.62
Jan 20261051460$60.04$7.72
Dec 20251171601460$57.97$4.26
Nov 20251045410$60.06$3.79
Oct 202520109990$60.89$3.19
Sep 20250071650$63.96$2.97
Aug 20251693850$64.86$2.91
Jul 20251093850$68.39$3.20
Jun 202510104950$68.17$3.02
May 20250073670$62.17$3.12
Apr 202547108990$63.54$3.42
Mar 20253092850$68.24$4.12
Feb 2025201391280$71.53$4.19
Jan 2025201571440$75.74$4.13
Dec 2024261441320$70.12$3.01
Nov 2024201751610$69.95$2.12
Oct 2024101731590$71.99$2.20
Sep 2024201791650$70.24$2.28
Aug 202403000$76.68$1.99
Jul 202400000$81.80$2.07
Jun 20243290800$79.77$2.54
May 2024101551370$80.02$2.12
Apr 20241085750$85.35$1.60
Mar 202400000$81.28$1.49
Feb 202406000$77.25$1.72
Jan 20241048430$74.15$3.18
Dec 2023303363010$71.90$2.52
Nov 2023201961750$77.69$2.71
Oct 202300000$85.64$2.98
Sep 202300000$89.43$2.64
Aug 202300000$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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Nearby

This lease belongs to

OperatorMerit Energy CompanyFieldOak Hill (Cotton Valley)CountyRusk County

Merit Energy Company in Rusk County

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Oak Hill (Cotton Valley) field

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