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Texas oil lease

Producing

KEY, HOBART

Key, Hobart is an oil lease in Gregg County, Texas, operated by Basa Resources, Inc. in the East Texas field.

19 wells

3,554bbl oil, last 12 months−7% vs prior year
Operator
Basa Resources, Inc.
County
Gregg County
Field
East Texas
RRC lease
6E-07558

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Where it sits

This county

Gregg CountyGreggPanolaUpshurCassWoodMorrisHopkinsSmithRuskHarrisonMarionCampGregg County
Gregg County
Gas, last 12 months
1,334 mcf
Oil in Jul 2026
444 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 KEY, HOBART, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 3,554 bbl in the 12 months through Jul 2026, against 3,828 bbl in the 12 months before.Last 12 months: 3,554 bblbbl per monthmcf per month00200200400400600600800800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 7% over the last 12 monthsMonthly oil production and gas for KEY, HOBART, Aug 2023 to Jul 2026. Oil output fell 7% over the last 12 months. 3,554 bbl in the 12 months through Jul 2026, against 3,828 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00200200400400600600800800Jan 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 KEY, HOBART 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 KEY, HOBART 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.

19 wells on this lease

Wells on KEY, HOBART
API numberWell no.Status
42-183-015218Active
42-183-856301Active
42-183-856312Active
42-183-856323Active
42-183-856334Active
42-183-856345Active
42-183-856356Active
42-183-856367Active
42-183-856389Active
42-183-8563910Active
42-183-8564011Active
42-183-8564112Active
42-183-8564213Active
42-183-8564314Active
42-183-8564415Active
42-183-8564516Active
42-183-8564617Active
42-183-8564718Active
42-183-8564819Active

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.OilGathers100Aug 1, 2019Apr 1, 2025
American Midstream Gas Sltns, LPCasinghead gasGathers100Jan 1, 2016Jul 1, 2021
American Midstream Gas Sltns, LPCasinghead gasBuys100Jan 1, 2016Jul 1, 2021
Eastex Crude CompanyOilGathers50Jul 1, 2002Aug 1, 2019
Plains Marketing, L.p.OilGathers50Apr 1, 2009Aug 1, 2019

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

Who buys my oilOil price check

What the drilling permits say

19 wells are listed on this lease

Permits for Key, Hobart
API numberWell no.Acreson the permit
42-183-015218–
42-183-856301–
42-183-856312–
42-183-856323–
42-183-856334–
42-183-856345–
42-183-856356–
42-183-856367–
42-183-856389–
42-183-8563910–
42-183-8564011–
42-183-8564112–

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

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36 months, newest first

Ledger for KEY, HOBART
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026444350000$80.46$2.89
Jun 2026421528000$84.81$3.15
May 2026445337000$102.13$2.94
Apr 20264515322342340$100.32$2.77
Mar 20263453422212210$91.38$3.04
Feb 20262171491271270$64.51$3.62
Jan 202621929192920$60.04$7.72
Dec 202520016466660$57.97$4.26
Nov 202518015488880$60.06$3.79
Oct 20252221681591590$60.89$3.19
Sep 20252433281811810$63.96$2.97
Aug 20251671541661660$64.86$2.91
Jul 202517017682820$68.39$3.20
Jun 20253613632422420$68.17$3.02
May 20253753242562560$62.17$3.12
Apr 20253775422572570$63.54$3.42
Mar 20253531462612610$68.24$4.12
Feb 20253444622452450$71.53$4.19
Jan 20254423521601600$75.74$4.13
Dec 20243153493163160$70.12$3.01
Nov 20243383062592590$69.95$2.12
Oct 20243234582602600$71.99$2.20
Sep 20242301332732730$70.24$2.28
Aug 20242001572142140$76.68$1.99
Jul 20243453102922920$81.80$2.07
Jun 20243215512372370$79.77$2.54
May 20245323643903900$80.02$2.12
Apr 20243865162982980$85.35$1.60
Mar 20244013372912910$81.28$1.49
Feb 20244233272752750$77.25$1.72
Jan 20244295403503500$74.15$3.18
Dec 20233473572692690$71.90$2.52
Nov 2023356335000$77.69$2.71
Oct 20235475023393390$85.64$2.98
Sep 20235784914674670$89.43$2.64
Aug 20236468465065060$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

OperatorBasa Resources, Inc.FieldEast TexasCountyGregg County

Basa Resources, Inc. in Gregg County

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East Texas field

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