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Texas oil lease

Producing

SHOULTS, E. C.

Shoults, E. C. is an oil lease in Gregg County, Texas, operated by Basa Resources, Inc. in the East Texas field.

18 wells

6,128bbl oil, last 12 months+6% vs prior year
Operator
Basa Resources, Inc.
County
Gregg County
Field
East Texas
RRC lease
6E-08260

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Where it sits

This county

Gregg CountyGreggPanolaUpshurCassWoodMorrisHopkinsSmithRuskHarrisonMarionCampGregg County
Gregg County
Gas, last 12 months
4,173 mcf
Oil in Jul 2026
525 bbl

Production by month

Oil output rose 6% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 6% over the last 12 monthsMonthly oil production and gas for SHOULTS, E. C., Aug 2023 to Jul 2026. Oil output rose 6% over the last 12 months. 6,128 bbl in the 12 months through Jul 2026, against 5,795 bbl in the 12 months before.Last 12 months: 6,128 bblbbl per monthmcf per month00200200400400600600800800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 6% over the last 12 monthsMonthly oil production and gas for SHOULTS, E. C., Aug 2023 to Jul 2026. Oil output rose 6% over the last 12 months. 6,128 bbl in the 12 months through Jul 2026, against 5,795 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00200200400400600600800800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of SHOULTS, E. C. gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of SHOULTS, E. C. gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

18 wells on this lease

Wells on SHOULTS, E. C.
API numberWell no.Status
42-183-019146Active
42-183-019157Active
42-183-019179Active
42-183-0191810Active
42-183-0191911Active
42-183-0192113Active
42-183-0192214Active
42-183-888201Active
42-183-888212Active
42-183-888223Active
42-183-888234Active
42-183-888245Active
42-183-888278Active
42-183-8883112Active
42-183-8883415Active
42-183-8883516Active
42-183-8883617Active
42-183-8883718Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers90Apr 1, 2025–
Plains Marketing, L.p.OilGathers10Apr 1, 2025–
Jge Gas Solutions, LPCasinghead gasBuys100Jul 1, 2021–
Jge Gas Solutions, LPCasinghead gasGathers100Jul 1, 2021–
Plains Marketing, L.p.OilGathers100Apr 1, 2009Apr 1, 2025
American Midstream Gas Sltns, LPCasinghead gasGathers100Jan 1, 2016Jul 1, 2021
American Midstream Gas Sltns, LPCasinghead gasBuys100Jan 1, 2016Jul 1, 2021

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

Who buys my oilOil price check

What the drilling permits say

18 wells are listed on this lease

Permits for Shoults, E. C.
API numberWell no.Acreson the permit
42-183-019146–
42-183-019157–
42-183-019179–
42-183-0191810–
42-183-0191911–
42-183-0192113–
42-183-0192214–
42-183-888201–
42-183-888212–
42-183-888223–
42-183-888234–
42-183-888245–

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

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36 months, newest first

Ledger for SHOULTS, E. C.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026525521000$80.46$2.89
Jun 2026524529000$84.81$3.15
May 2026508495000$102.13$2.94
Apr 20265235284454450$100.32$2.77
Mar 20265165194794790$91.38$3.04
Feb 20265076484414410$64.51$3.62
Jan 20264933393203200$60.04$7.72
Dec 20255035414954950$57.97$4.26
Nov 20254975265115110$60.06$3.79
Oct 20255045344564560$60.89$3.19
Sep 20254995065115110$63.96$2.97
Aug 20255293605155150$64.86$2.91
Jul 20254915354914910$68.39$3.20
Jun 20253843424134130$68.17$3.02
May 20253835154034030$62.17$3.12
Apr 20254493504734730$63.54$3.42
Mar 20254716664354350$68.24$4.12
Feb 20254763813633630$71.53$4.19
Jan 20255684883323320$75.74$4.13
Dec 20245175224014010$70.12$3.01
Nov 20244975254144140$69.95$2.12
Oct 20245575144874870$71.99$2.20
Sep 20244996834454450$70.24$2.28
Aug 20245033734754750$76.68$1.99
Jul 20245243654574570$81.80$2.07
Jun 20245366864814810$79.77$2.54
May 20245496514784780$80.02$2.12
Apr 20244903323993990$85.35$1.60
Mar 20246407014104100$81.28$1.49
Feb 20245625244194190$77.25$1.72
Jan 20246347144544540$74.15$3.18
Dec 20235915244214210$71.90$2.52
Nov 2023615535000$77.69$2.71
Oct 20236707094934930$85.64$2.98
Sep 20236105455015010$89.43$2.64
Aug 20236137435615610$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorBasa Resources, Inc.FieldEast TexasCountyGregg County

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East Texas field

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