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OLIVER, J. R. 207

Oliver, J. R. 207 is an oil lease in Van Zandt County, Texas, operated by Basa Resources, Inc. in the Van field.

1 well

3,231bbl oil, last 12 months−16% vs prior year
Operator
Basa Resources, Inc.
County
Van Zandt County
Field
Van
RRC lease
05-03699

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Where it sits

This county

Van Zandt CountyVan ZandtFranklinHuntKaufmanCollinWoodHopkinsRockwallSmithRainsHendersonVan Zandt County
Van Zandt County
Gas, last 12 months
299 mcf
Oil in Jul 2026
245 bbl

Production by month

Oil output fell 16% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for OLIVER, J. R. 207, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 3,231 bbl in the 12 months through Jul 2026, against 3,868 bbl in the 12 months before.Last 12 months: 3,231 bblbbl per monthmcf per month0010010200203003040040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 16% over the last 12 monthsMonthly oil production and gas for OLIVER, J. R. 207, Aug 2023 to Jul 2026. Oil output fell 16% over the last 12 months. 3,231 bbl in the 12 months through Jul 2026, against 3,868 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0010010200203003040040Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2023 the lease's gas goes to a transmission line instead of a processing plant

  • Processing plant (3)
  • Transmission line (2)
Since Nov 2023 the lease's gas goes to a transmission line instead of a processing plantShare of OLIVER, J. R. 207 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2023 the lease's gas goes to a transmission line instead of a processing plant.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2023: plant to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2023 the lease's gas goes to a transmission line instead of a processing plantShare of OLIVER, J. R. 207 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2023 the lease's gas goes to a transmission line instead of a processing plant.Share of gas by disposition code0%50%100%Nov 23: plant to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Jan 2021

Operators of this lease over timeUnion Oil Company of California, Jan 2020 to Dec 2020; Basa Resources, Inc., Jan 2021 to Jul 20262020202120222023202420252026Changed Jan 2021Union Oil Company of Californ…Jan 2020 to Dec 2020Basa Resources, Inc.Jan 2021 to now
Operators of this lease over timeUnion Oil Company of California, Jan 2020 to Dec 2020; Basa Resources, Inc., Jan 2021 to Jul 20262020202120222023202420252026Changed Jan 2021Union Oil Company of CaliforniaJan 2020 to Dec 2020Basa Resources, Inc.Jan 2021 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on OLIVER, J. R. 207
API numberWell no.Status
42-467-310437Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers90Mar 1, 2026–
Dk Trading & Supply, LLCOilGathers10Mar 1, 2026–
Basa Resources, Inc.Casinghead gasBuys100Jan 1, 2021–
Basa Resources, Inc.Casinghead gasGathers100Jan 1, 2021–
Eastex Crude Company, LLCOilGathers100Jan 1, 2023Mar 1, 2026
Eastex Crude CompanyOilGathers100Jan 1, 2021Jan 1, 2023
Unocal Pipeline CompanyCasinghead gasGathers100Dec 13, 2010Jan 1, 2021
Union Oil Company of CaliforniaCasinghead gasBuys100Dec 13, 2010Jan 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

59 acres on the newest permit

Check your decimal on this lease
Permits for Oliver, J. R. 207
API numberWell no.Acreson the permit
42-467-31043759

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

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36 months, newest first

Ledger for OLIVER, J. R. 207
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Basa Resources,24524626260$80.46$2.89
Jun 2026Basa Resources,26026921210$84.81$3.15
May 2026Basa Resources,23822223230$102.13$2.94
Apr 2026Basa Resources,26427227270$100.32$2.77
Mar 2026Basa Resources,29129228280$91.38$3.04
Feb 2026Basa Resources,27128220200$64.51$3.62
Jan 2026Basa Resources,29427025250$60.04$7.72
Dec 2025Basa Resources,27227330300$57.97$4.26
Nov 2025Basa Resources,28529429290$60.06$3.79
Oct 2025Basa Resources,27727620200$60.89$3.19
Sep 2025Basa Resources,26425821210$63.96$2.97
Aug 2025Basa Resources,27028529290$64.86$2.91
Jul 2025Basa Resources,32931828280$68.39$3.20
Jun 2025Basa Resources,33332814140$68.17$3.02
May 2025Basa Resources,30030823230$62.17$3.12
Apr 2025Basa Resources,31733110100$63.54$3.42
Mar 2025Basa Resources,30630410100$68.24$4.12
Feb 2025Basa Resources,291298880$71.53$4.19
Jan 2025Basa Resources,275248770$75.74$4.13
Dec 2024Basa Resources,30032611110$70.12$3.01
Nov 2024Basa Resources,287269990$69.95$2.12
Oct 2024Basa Resources,394457550$71.99$2.20
Sep 2024Basa Resources,36533614140$70.24$2.28
Aug 2024Basa Resources,37135118180$76.68$1.99
Jul 2024Basa Resources,23824415150$81.80$2.07
Jun 2024Basa Resources,34033617170$79.77$2.54
May 2024Basa Resources,30527720200$80.02$2.12
Apr 2024Basa Resources,27831120200$85.35$1.60
Mar 2024Basa Resources,28929618180$81.28$1.49
Feb 2024Basa Resources,30830413130$77.25$1.72
Jan 2024Basa Resources,34729617170$74.15$3.18
Dec 2023Basa Resources,21526417170$71.90$2.52
Nov 2023Basa Resources,27232118180$77.69$2.71
Oct 2023Basa Resources,21027124240$85.64$2.98
Sep 2023Basa Resources,324329000$89.43$2.64
Aug 2023Basa Resources,31030733330$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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This lease belongs to

OperatorBasa Resources, Inc.FieldVanCountyVan Zandt County

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