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Texas oil lease

Producing

SETTLES, W. R.

Settles, W. R. is an oil lease in Howard County, Texas, operated by Basa Resources, Inc. in the Howard Glasscock (Consolidated) field.

19 wells

5,864bbl oil, last 12 months−35% vs prior year
RRC lease
08-41059

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Where it sits

This county

Howard CountyHowardMitchellMartinScurryDawsonBordenHoward County
Howard County
Oil in Jul 2026
680 bbl
Reporting since
Jan 2020

Production by month

Oil output fell 35% over the last 12 months

  • Oil (bars)
  • Last 12 months
Oil output fell 35% over the last 12 monthsMonthly oil production for SETTLES, W. R., Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 5,864 bbl in the 12 months through Jul 2026, against 8,962 bbl in the 12 months before.Last 12 months: 5,864 bblbbl per month02505007501,0001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 35% over the last 12 monthsMonthly oil production for SETTLES, W. R., Aug 2023 to Jul 2026. Oil output fell 35% over the last 12 months. 5,864 bbl in the 12 months through Jul 2026, against 8,962 bbl in the 12 months before.Last 12 monthsbbl per month02505007501,0001,250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

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.

Who has run this lease

The operator changed 2 times, most recently in May 2022

Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Apr 2022; Basa Resources, Inc., May 2022 to Jul 20262020202120222023202420252026Changed Apr 2020Changed May 2022Sheridan Production Company,…Jan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Apr 2022Basa Resources, Inc.May 2022 to now
Operators of this lease over timeSheridan Production Company, LLC, Jan 2020 to Mar 2020; FDL Operating, LLC, Apr 2020 to Apr 2022; Basa Resources, Inc., May 2022 to Jul 20262020202120222023202420252026Changed Apr 2020Changed May 2022Sheridan Production Company, LLCJan 2020 to Mar 2020FDL Operating, LLCApr 2020 to Apr 2022Basa Resources, Inc.May 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

19 wells on this lease

Wells on SETTLES, W. R.
API numberWell no.Status
42-227-035231Active
42-227-035242Active
42-227-035253Shut-in
42-227-035297Shut-in
42-227-102599Active
42-227-1026010Active
42-227-1026111Active
42-227-1026213Active
42-227-1036712WActive
42-227-1071914WActive
42-227-3113716Shut-in
42-227-3157317Shut-in
42-227-3361319Shut-in
42-227-3361418Shut-in
42-227-3364920Shut-in
42-227-3497823UShut-in
42-227-3497922LShut-in
42-227-3498021UActive
42-227-3724524Shut-in

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Endeavor Crude, LLCOilGathers100Jul 1, 2023–
Hollyfrontier Ref & Mktg LLCOilGathers50May 1, 2020Jul 1, 2023
Lion Oil Trading & Trans, LLCOilGathers50May 1, 2020Jul 1, 2023
Hollyfrontier Ref & Mktg LLCOilGathers10Oct 4, 2016May 1, 2020
Sunoco Ptnrs. Mktg.&terminals LPOilGathers90Oct 4, 2016May 1, 2020

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

80 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 80 and 81 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    21 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 Settles, W. R.
API numberWell no.Acreson the permit
42-227-372452480
42-227-336492080.09
42-227-311371680
42-227-3497823L80.09
42-227-3497823U80.09
42-227-3497922L80.09
42-227-3498021L80.09
42-227-3498021U80.09
42-227-336141880.09
42-227-336131980
42-227-315731781
42-227-035231–

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

Estimate your royalty

36 months, newest first

Ledger for SETTLES, W. R.
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 2026Basa Resources,680552$80.46$2.89
Jun 2026Basa Resources,420371$84.81$3.15
May 2026Basa Resources,463351$102.13$2.94
Apr 2026Basa Resources,544544$100.32$2.77
Mar 2026Basa Resources,600704$91.38$3.04
Feb 2026Basa Resources,635553$64.51$3.62
Jan 2026Basa Resources,524541$60.04$7.72
Dec 2025Basa Resources,320378$57.97$4.26
Nov 2025Basa Resources,181178$60.06$3.79
Oct 2025Basa Resources,256171$60.89$3.19
Sep 2025Basa Resources,597547$63.96$2.97
Aug 2025Basa Resources,644727$64.86$2.91
Jul 2025Basa Resources,718726$68.39$3.20
Jun 2025Basa Resources,734895$68.17$3.02
May 2025Basa Resources,640518$62.17$3.12
Apr 2025Basa Resources,520695$63.54$3.42
Mar 2025Basa Resources,636319$68.24$4.12
Feb 2025Basa Resources,609696$71.53$4.19
Jan 2025Basa Resources,417537$75.74$4.13
Dec 2024Basa Resources,863831$70.12$3.01
Nov 2024Basa Resources,777841$69.95$2.12
Oct 2024Basa Resources,948983$71.99$2.20
Sep 2024Basa Resources,1,2361,129$70.24$2.28
Aug 2024Basa Resources,864837$76.68$1.99
Jul 2024Basa Resources,1,0581,038$81.80$2.07
Jun 2024Basa Resources,1,2001,152$79.77$2.54
May 2024Basa Resources,9351,148$80.02$2.12
Apr 2024Basa Resources,804718$85.35$1.60
Mar 2024Basa Resources,742698$81.28$1.49
Feb 2024Basa Resources,601656$77.25$1.72
Jan 2024Basa Resources,831826$74.15$3.18
Dec 2023Basa Resources,1,022962$71.90$2.52
Nov 2023Basa Resources,767694$77.69$2.71
Oct 2023Basa Resources,652799$85.64$2.98
Sep 2023Basa Resources,586497$89.43$2.64
Aug 2023Basa Resources,548480$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

Howard Glasscock (Consolidated) field

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