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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

14,975mcf gas, last 12 months−9% vs prior year
Operator
Merit Energy Company
County
Rusk County
Field
Oak Hill (Cotton Valley)
RRC lease
06-159445

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Where it sits

This county

Rusk CountyRuskPanolaGreggUpshurShelbySmithHarrisonCherokeeRusk County
Rusk County
Oil, last 12 months
55 bbl
Gas in Jul 2026
1,298 mcf

Production by month

Gas output fell 9% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 9% over the last 12 monthsMonthly gas production and oil for BASSETT, WILLIAM P. GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 9% over the last 12 months. 14,975 mcf in the 12 months through Jul 2026, against 16,381 mcf in the 12 months before.Last 12 months: 14,975 mcfmcf per monthbbl per month0050051,000101,500152,00020Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 9% over the last 12 monthsMonthly gas production and oil for BASSETT, WILLIAM P. GAS UNIT, Aug 2023 to Jul 2026. Gas output fell 9% over the last 12 months. 14,975 mcf in the 12 months through Jul 2026, against 16,381 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0050051,000101,500152,00020Jan 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% · 13,618 mcf

  • Lease fuel (1)

    9.1% · 1,357 mcf

1 well on this lease

Wells on BASSETT, WILLIAM P. GAS UNIT
API numberWell no.Status
42-401-325715Active

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.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Bassett, William P. Gas Unit
API numberWell no.Acreson the permit
42-401-325715704

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 2026301,2981,1760$80.46$2.89
Jun 2026401,2611,1490$84.81$3.15
May 2026301,3891,2600$102.13$2.94
Apr 20264241,2641,1510$100.32$2.77
Mar 2026501,3761,2520$91.38$3.04
Feb 2026501,1161,0180$64.51$3.62
Jan 2026301,0749630$60.04$7.72
Dec 202516171,3391,2230$57.97$4.26
Nov 2025501,2511,1360$60.06$3.79
Oct 2025301,3121,1930$60.89$3.19
Sep 2025201,1101,0110$63.96$2.97
Aug 20252141,1851,0860$64.86$2.91
Jul 2025101,1791,0810$68.39$3.20
Jun 2025201,2211,1170$68.17$3.02
May 2025301,3351,2210$62.17$3.12
Apr 20258161,3401,2300$63.54$3.42
Mar 20251001,3911,2790$68.24$4.12
Feb 2025401,2991,1960$71.53$4.19
Jan 2025301,4381,3210$75.74$4.13
Dec 20243121,4821,3610$70.12$3.01
Nov 2024301,3941,2830$69.95$2.12
Oct 2024201,4261,3140$71.99$2.20
Sep 2024201,3431,2380$70.24$2.28
Aug 20242111,5331,4170$76.68$1.99
Jul 2024301,7061,5800$81.80$2.07
Jun 20248121,2021,0740$79.77$2.54
May 2024301,5491,3740$80.02$2.12
Apr 2024201,5271,3490$85.35$1.60
Mar 2024601,5971,4170$81.28$1.49
Feb 20242101,5271,3600$77.25$1.72
Jan 2024301,6081,4350$74.15$3.18
Dec 2023301,6071,4380$71.90$2.52
Nov 20232131,5881,4180$77.69$2.71
Oct 2023301,6371,4590$85.64$2.98
Sep 2023301,6131,4410$89.43$2.64
Aug 2023301,7101,5250$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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