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Texas oil lease

Producing

CASSELMAN

Casselman is an oil lease in Ward County, Texas, operated by Basin Oil & Gas Operating, LLC in the Caveat Emptor (Cherry Canyon) field.

2 wells

396bbl oil, last 12 months+57% vs prior year
Operator
Basin Oil & Gas Operating, LLC
County
Ward County
Field
Caveat Emptor (Cherry Canyon)
RRC lease
08-35587

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
2,242 mcf
Oil in Jul 2026
33 bbl

Production by month

Oil output rose 57% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 57% over the last 12 monthsMonthly oil production and gas for CASSELMAN, Aug 2023 to Jul 2026. Oil output rose 57% over the last 12 months. 396 bbl in the 12 months through Jul 2026, against 253 bbl in the 12 months before.Last 12 months: 396 bblbbl per monthmcf per month0010200204003060040800501,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 57% over the last 12 monthsMonthly oil production and gas for CASSELMAN, Aug 2023 to Jul 2026. Oil output rose 57% over the last 12 months. 396 bbl in the 12 months through Jul 2026, against 253 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010200204003060040800501,000Jan 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 CASSELMAN 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 CASSELMAN 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.

Who has run this lease

The operator changed once, most recently in Nov 2024

Operators of this lease over timeGreat Western Drilling Company, Jan 2020 to Oct 2024; Basin Oil & Gas Operating, LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024Great Western Drilling CompanyJan 2020 to Oct 2024Basin Oil & Gas Operating, LLCNov 2024 to now
Operators of this lease over timeGreat Western Drilling Company, Jan 2020 to Oct 2024; Basin Oil & Gas Operating, LLC, Nov 2024 to Jul 20262020202120222023202420252026Changed Nov 2024Great Western Drilling CompanyJan 2020 to Oct 2024Basin Oil & Gas Operating, LLCNov 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

2 wells on this lease

Wells on CASSELMAN
API numberWell no.Status
42-475-345151Active
42-475-345822Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Jan 1, 2023–
Dcp Operating Company, LPCasinghead gasGathers100Apr 1, 2017Jan 1, 2023
Dcp Operating Company, LPCasinghead gasBuys100Apr 1, 2017Jan 1, 2023
Eastex Crude CompanyOilGathers100Jun 1, 2011Jan 1, 2023

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

Who buys my oilOil price check

160 acres on the newest permit

Permits for Casselman
API numberWell no.Acreson the permit
42-475-345822160
42-475-345151160

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for CASSELMAN
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Basin Oil33051510$80.46$2.89
Jun 2026Basin Oil30541071070$84.81$3.15
May 2026Basin Oil32581381380$102.13$2.94
Apr 2026Basin Oil3101461460$100.32$2.77
Mar 2026Basin Oil30632182180$91.38$3.04
Feb 2026Basin Oil2673093090$64.51$3.62
Jan 2026Basin Oil32562292290$60.04$7.72
Dec 2025Basin Oil3202012010$57.97$4.26
Nov 2025Basin Oil33552502500$60.06$3.79
Oct 2025Basin Oil36571741740$60.89$3.19
Sep 2025Basin Oil3502012010$63.96$2.97
Aug 2025Basin Oil46622182180$64.86$2.91
Jul 2025Basin Oil1503443440$68.39$3.20
Jun 2025Basin Oil2001951950$68.17$3.02
May 2025Basin Oil30413393390$62.17$3.12
Apr 2025Basin Oil2723123120$63.54$3.42
Mar 2025Basin Oil00000$68.24$4.12
Feb 2025Basin Oil54647470$71.53$4.19
Jan 2025Basin Oil3402882880$75.74$4.13
Dec 2024Basin Oil254272720$70.12$3.01
Nov 2024Basin Oil2508748740$69.95$2.12
Oct 2024Great Western254297970$71.99$2.20
Sep 2024Great Western23060600$70.24$2.28
Aug 2024Great Western2442330$76.68$1.99
Jul 2024Great Western70000$81.80$2.07
Jun 2024Great Western234351510$79.77$2.54
May 2024Great Western25076760$80.02$2.12
Apr 2024Great Western234381810$85.35$1.60
Mar 2024Great Western264374740$81.28$1.49
Feb 2024Great Western23065650$77.25$1.72
Jan 2024Great Western274364640$74.15$3.18
Dec 2023Great Western27062620$71.90$2.52
Nov 2023Great Western274669690$77.69$2.71
Oct 2023Great Western375059590$85.64$2.98
Sep 2023Great Western26070700$89.43$2.64
Aug 2023Great Western243967670$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorBasin Oil & Gas Operating, LLCFieldCaveat Emptor (Cherry Canyon)CountyWard County

Basin Oil & Gas Operating, LLC in Ward County

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Caveat Emptor (Cherry Canyon) field

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