Texas oil lease

No report in 6+ months

MAXFIELD, A. G. 38

Name: MAXFIELD, A. G. 38 monthly oil and gas production, Van Zandt County, Texas
Creator: Texas Railroad Commission

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

1 well

0bbl oil, last 12 months

Operator: Basa Resources, Inc.
County: Van Zandt County
Field: Van (Sub-Clarksville)
RRC lease: 05-01987

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Where it sits

This county

Van Zandt County

Oil in Feb 2025: 0 bbl
Reporting since: Mar 2024

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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.

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Production by month

No production to chart

The state shows zero oil and zero gas for all 12 months we hold (Mar 2024 to Feb 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.

1 well on this lease

Wells on MAXFIELD, A. G. 38
API number	Well no.	Status
42-467-00214	8	Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
Company	Product	Role	Share%	From	Until
Eastex Crude Company, LLC	Oil	Gathers	100	Jan 1, 2023	–
Basa Resources, Inc.	Casinghead gas	Buys	100	Jan 1, 2021	–
Basa Resources, Inc.	Casinghead gas	Gathers	100	Jan 1, 2021	–
Eastex Crude Company	Oil	Gathers	100	Jan 1, 2021	Jan 1, 2023
Unocal Pipeline Company	Casinghead gas	Gathers	100	Dec 13, 2010	Jan 1, 2021
Union Oil Company of California	Casinghead gas	Buys	100	Dec 13, 2010	Jan 1, 2021
Eastex Crude Company	Oil	Gathers	50	Dec 13, 2010	Jan 1, 2021
Unocal Pipeline Company	Oil	Gathers	50	Dec 13, 2010	Jan 1, 2021

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

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What the drilling permits say

Good to know
The state has no unit acreage for this lease
Ask the operator for the acreage on your well's division order and unit plat.

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Permits for Maxfield, A. G. 38
API number	Well no.	Permit issued	Completed	Acreson the permit	Type
42-467-00214	8	–	Jun 16, 1975	–	–

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

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12 months, newest first

Ledger for MAXFIELD, A. G. 38
Month	WTI$/bbl	Henry Hub$/MMBtu
Feb 2025	$71.53	$4.19
Jan 2025	$75.74	$4.13
Dec 2024	$70.12	$3.01
Nov 2024	$69.95	$2.12
Oct 2024	$71.99	$2.20
Sep 2024	$70.24	$2.28
Aug 2024	$76.68	$1.99
Jul 2024	$81.80	$2.07
Jun 2024	$79.77	$2.54
May 2024	$80.02	$2.12
Apr 2024	$85.35	$1.60
Mar 2024	$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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