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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

23,847mcf gas, last 12 months−3% vs prior year
Operator
Merit Energy Company
County
Rusk County
Field
Oak Hill (Cotton Valley)
RRC lease
06-139048

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Where it sits

This county

Rusk CountyRuskPanolaGreggUpshurShelbySmithHarrisonCherokeeRusk County
Rusk County
Oil, last 12 months
22 bbl
Gas in Jul 2026
2,043 mcf

Production by month

Gas output fell 3% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 3% over the last 12 monthsMonthly gas production and oil for BASSETT, WILLIAM P. GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 3% over the last 12 months. 23,847 mcf in the 12 months through Jul 2026, against 24,671 mcf in the 12 months before.Last 12 months: 23,847 mcfmcf per monthbbl per month0050021,00041,50062,00082,50010Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 3% over the last 12 monthsMonthly gas production and oil for BASSETT, WILLIAM P. GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 3% over the last 12 months. 23,847 mcf in the 12 months through Jul 2026, against 24,671 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0050021,00041,50062,00082,50010Jan 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% · 21,685 mcf

  • Lease fuel (1)

    9.1% · 2,162 mcf

1 well on this lease

Wells on BASSETT, WILLIAM P. GAS UNIT
API numberWell no.Status
42-401-323344Active

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
42-401-323344704

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

Unit decimal checker

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36 months, newest first

Ledger for BASSETT, WILLIAM P. GAS UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026202,0431,8500$80.46$2.89
Jun 2026102,2512,0500$84.81$3.15
May 2026202,0971,9030$102.13$2.94
Apr 20262101,8901,7210$100.32$2.77
Mar 2026102,0231,8410$91.38$3.04
Feb 2026301,9771,8030$64.51$3.62
Jan 2026101,6931,5180$60.04$7.72
Dec 2025662,0731,8930$57.97$4.26
Nov 2025101,9921,8080$60.06$3.79
Oct 2025202,0181,8350$60.89$3.19
Sep 2025001,8711,7040$63.96$2.97
Aug 2025151,9191,7590$64.86$2.91
Jul 2025001,9101,7510$68.39$3.20
Jun 2025101,6331,4940$68.17$3.02
May 2025102,1291,9470$62.17$3.12
Apr 2025362,0621,8920$63.54$3.42
Mar 2025402,1792,0030$68.24$4.12
Feb 2025101,9231,7700$71.53$4.19
Jan 2025202,0371,8720$75.74$4.13
Dec 2024042,1141,9420$70.12$3.01
Nov 2024102,1071,9390$69.95$2.12
Oct 2024102,2102,0360$71.99$2.20
Sep 2024102,1111,9460$70.24$2.28
Aug 2024152,2562,0850$76.68$1.99
Jul 2024102,3072,1360$81.80$2.07
Jun 2024342,2472,0080$79.77$2.54
May 2024102,2692,0120$80.02$2.12
Apr 2024102,2862,0190$85.35$1.60
Mar 2024202,3792,1110$81.28$1.49
Feb 2024142,2021,9610$77.25$1.72
Jan 2024102,3832,1260$74.15$3.18
Dec 2023202,3382,0920$71.90$2.52
Nov 2023042,1971,9620$77.69$2.71
Oct 2023102,1911,9530$85.64$2.98
Sep 2023102,1421,9130$89.43$2.64
Aug 2023102,3422,0890$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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