Texas oil lease
ProducingPETTY, J. T. 39
Petty, J. T. 39 is an oil lease in Van Zandt County, Texas, operated by Basa Resources, Inc. in the Van (Pecan Gap) field.
Oil lease dossier
- Operator
- Basa Resources, Inc.
- County
- Van Zandt County
- Field
- Van (Pecan Gap)
- RRC lease
- 05-03716
Is your check right?
Where it sits
This county
- Gas, last 12 months
- 465 mcf
- Oil in Jul 2026
- 7 bbl
Production by month
Oil output rose 159% over the last 12 months
- Oil (bars)
- Gas (line)
- Last 12 months
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)
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Who has run this lease
The operator changed once, most recently in Jan 2021
- Basa Resources, Inc. Jan 2021 to now
- Union Oil Company of California Jan 2020 to Dec 2020
SourceTexas Railroad Commission Production Data Query, through Jul 2026.
Wells on this lease
No wells are linked to this lease in our data
Buyers and gatherers
| Company | Product | Role | Share% | From | Until |
|---|---|---|---|---|---|
| Eastex Crude Company, LLC | Oil | Gathers | 90 | Mar 1, 2026 | – |
| Dk Trading & Supply, LLC | Oil | Gathers | 10 | Mar 1, 2026 | – |
| Basa Resources, Inc. | Casinghead gas | Buys | 100 | Jan 1, 2021 | – |
| Basa Resources, Inc. | Casinghead gas | Gathers | 100 | Jan 1, 2021 | – |
| Eastex Crude Company, LLC | Oil | Gathers | 100 | Jan 1, 2023 | Mar 1, 2026 |
| 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 | Mar 8, 2001 | 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).
Estimate your royalty
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf | WTI$/bbl | Henry Hub$/MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Basa Resources, | 7 | 8 | 38 | 38 | 0 | $80.46 | $2.89 |
| Jun 2026Basa Resources, | 24 | 64 | 37 | 37 | 0 | $84.81 | $3.15 |
| May 2026Basa Resources, | 65 | 64 | 44 | 44 | 0 | $102.13 | $2.94 |
| Apr 2026Basa Resources, | 65 | 66 | 41 | 41 | 0 | $100.32 | $2.77 |
| Mar 2026Basa Resources, | 56 | 45 | 47 | 47 | 0 | $91.38 | $3.04 |
| Feb 2026Basa Resources, | 54 | 60 | 31 | 31 | 0 | $64.51 | $3.62 |
| Jan 2026Basa Resources, | 73 | 61 | 32 | 32 | 0 | $60.04 | $7.72 |
| Dec 2025Basa Resources, | 15 | 14 | 47 | 47 | 0 | $57.97 | $4.26 |
| Nov 2025Basa Resources, | 9 | 12 | 40 | 40 | 0 | $60.06 | $3.79 |
| Oct 2025Basa Resources, | 10 | 8 | 32 | 32 | 0 | $60.89 | $3.19 |
| Sep 2025Basa Resources, | 1 | 3 | 37 | 37 | 0 | $63.96 | $2.97 |
| Aug 2025Basa Resources, | 10 | 11 | 39 | 39 | 0 | $64.86 | $2.91 |
| Jul 2025Basa Resources, | 21 | 22 | 33 | 33 | 0 | $68.39 | $3.20 |
| Jun 2025Basa Resources, | 0 | 4 | 33 | 33 | 0 | $68.17 | $3.02 |
| May 2025Basa Resources, | 12 | 15 | 24 | 24 | 0 | $62.17 | $3.12 |
| Apr 2025Basa Resources, | 1 | 1 | 22 | 22 | 0 | $63.54 | $3.42 |
| Mar 2025Basa Resources, | 0 | 3 | 22 | 22 | 0 | $68.24 | $4.12 |
| Feb 2025Basa Resources, | 11 | 16 | 20 | 20 | 0 | $71.53 | $4.19 |
| Jan 2025Basa Resources, | 10 | 13 | 18 | 18 | 0 | $75.74 | $4.13 |
| Dec 2024Basa Resources, | 1 | 0 | 19 | 19 | 0 | $70.12 | $3.01 |
| Nov 2024Basa Resources, | 1 | 1 | 14 | 14 | 0 | $69.95 | $2.12 |
| Oct 2024Basa Resources, | 7 | 7 | 9 | 9 | 0 | $71.99 | $2.20 |
| Sep 2024Basa Resources, | 16 | 19 | 35 | 35 | 0 | $70.24 | $2.28 |
| Aug 2024Basa Resources, | 70 | 78 | 17 | 17 | 0 | $76.68 | $1.99 |
| Jul 2024Basa Resources, | 161 | 151 | 14 | 14 | 0 | $81.80 | $2.07 |
| Jun 2024Basa Resources, | 19 | 21 | 16 | 16 | 0 | $79.77 | $2.54 |
| May 2024Basa Resources, | 28 | 27 | 14 | 14 | 0 | $80.02 | $2.12 |
| Apr 2024Basa Resources, | 60 | 60 | 15 | 15 | 0 | $85.35 | $1.60 |
| Mar 2024Basa Resources, | 100 | 110 | 14 | 14 | 0 | $81.28 | $1.49 |
| Feb 2024Basa Resources, | 109 | 103 | 7 | 7 | 0 | $77.25 | $1.72 |
| Jan 2024Basa Resources, | 112 | 85 | 9 | 9 | 0 | $74.15 | $3.18 |
| Dec 2023Basa Resources, | 78 | 71 | 13 | 13 | 0 | $71.90 | $2.52 |
| Nov 2023Basa Resources, | 72 | 54 | 13 | 13 | 0 | $77.69 | $2.71 |
| Oct 2023Basa Resources, | 50 | 60 | 15 | 15 | 0 | $85.64 | $2.98 |
| Sep 2023Basa Resources, | 45 | 47 | 0 | 0 | 0 | $89.43 | $2.64 |
| Aug 2023Basa Resources, | 29 | 28 | 0 | 0 | 0 | $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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Nearby
This lease belongs to
Basa Resources, Inc. in Van Zandt County
- DOWDLE, L. A. 205
438 bbl
- HOWELL, D. R. 45
375 bbl
- THOMPSON, I. W. 401
366 bbl
- SWAIN, O. L. 11 "A-C"
323 bbl
- GILBERT, H.C. 43
307 bbl
- SHIVERS, J. R. 12
212 bbl
- SWAIN, W. F. 9
5,389 mcf
- MAXFIELD 38
289 bbl
- STEWARD, G. W. 68
302 bbl
- SHIVERS, J. R. 12
291 bbl
Van (Pecan Gap) field
- BRACKEN, J. A. 503
900 bbl
- MAXFIELD, A. G. 38
793 bbl
- BRAWNER, L. M. 10
683 bbl
- SMITH, L. A. 103
667 bbl
- JARMAN, W. T. 37
504 bbl
- HOWELL, D. R. 45
375 bbl
- SWAIN, O. L. 11 "A-C"
323 bbl
- SHIVERS, J. R. 12
291 bbl
- SWAIN, W F 9
265 bbl
- TUNNELL, I. P. 300
143 bbl
New drilling permits in Van Zandt County
Newest in the county: this lease has no coordinates.
CENTRAL VAN WOODBINE UNIT #437
recompletion · Basa Resources, Inc. · Van Zandt County
Permit 0917376 · Aug 11, 2026
ROBINSON #1
new drill · Black Gold Industries Oprtng LLC · Van Zandt County
Permit 0916482 · Jun 19, 2026
BLAKE, R. S. #30
recompletion · Basa Resources, Inc. · Van Zandt County
Permit 0913960 · Apr 16, 2026
BLAKE, R. S. #33
recompletion · Basa Resources, Inc. · Van Zandt County
Permit 0914131 · Apr 13, 2026
BLAKE, R. S. #35
recompletion · Basa Resources, Inc. · Van Zandt County
Permit 0914126 · Apr 13, 2026