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Texas oil lease

No report in 6+ months

MAXFIELD, A. G. 38

Maxfield, A. G. 38 is an oil lease in Van Zandt County, Texas, operated by Basa Resources, Inc. in the Van field.

2 wells

0bbl oil, last 12 months
Operator
Basa Resources, Inc.
County
Van Zandt County
Field
Van
RRC lease
05-01175

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Where it sits

This county

Van Zandt CountyVan ZandtFranklinHuntKaufmanCollinWoodHopkinsRockwallSmithRainsHendersonVan Zandt County
Van Zandt County
Oil in Apr 2025
0 bbl
Reporting since
Mar 2024

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

No production to chart

The state shows zero oil and zero gas for all 14 months we hold (Mar 2024 to Apr 2025). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

2 wells on this lease

Wells on MAXFIELD, A. G. 38
API numberWell no.Status
42-467-002133Shut-in
42-467-3101816Shut-in

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–
Basa Resources, Inc.Casinghead gasBuys100Jan 1, 2021–
Basa Resources, Inc.Casinghead gasGathers100Jan 1, 2021–
Eastex Crude CompanyOilGathers100Jan 1, 2021Jan 1, 2023
Unocal Pipeline CompanyCasinghead gasGathers100Dec 13, 2010Jan 1, 2021
Union Oil Company of CaliforniaCasinghead gasBuys100May 1, 1992Jan 1, 2021
Eastex Crude CompanyOilGathers50Dec 13, 2010Jan 1, 2021
Unocal Pipeline CompanyOilGathers50Dec 13, 2010Jan 1, 2021

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

Who buys my oilOil price check

106.72 acres on the newest permit

  • Good to know

    7 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

  • 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 Maxfield, A. G. 38
API numberWell no.Acreson the permit
42-467-002129106.72
42-467-002133106.72
42-467-002176106.72
42-467-3101816106.72
42-467-002101–
42-467-002148–
42-467-002182–

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

Unit decimal checker

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14 months, newest first

Ledger for MAXFIELD, A. G. 38
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Apr 202500$63.54$3.42
Mar 202500$68.24$4.12
Feb 202500$71.53$4.19
Jan 202500$75.74$4.13
Dec 202400$70.12$3.01
Nov 202400$69.95$2.12
Oct 202400$71.99$2.20
Sep 202400$70.24$2.28
Aug 202400$76.68$1.99
Jul 202400$81.80$2.07
Jun 202400$79.77$2.54
May 202400$80.02$2.12
Apr 202400$85.35$1.60
Mar 202400$81.28$1.49

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

OperatorBasa Resources, Inc.FieldVanCountyVan Zandt County

Basa Resources, Inc. in Van Zandt County

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Van field

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