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Royalty Clerk

Texas oil lease

Producing

TUNNELL, I. P. 300

Tunnell, I. P. 300 is an oil lease in Van Zandt County, Texas, operated by Basa Resources, Inc. in the Van (Pecan Gap) field.

1 well

143bbl oil, since Apr 2026
Operator
Basa Resources, Inc.
County
Van Zandt County
Field
Van (Pecan Gap)
RRC lease
05-04504

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Where it sits

This county

Van Zandt CountyVan ZandtFranklinHuntKaufmanCollinWoodHopkinsRockwallSmithRainsHendersonVan Zandt County
Van Zandt County
Gas, since Apr 2026
1,521 mcf
Oil in Jul 2026
32 bbl
First check

Production started April 2026; the first check is due by about August 28, 2026 (estimate).

When is my first royalty check due?

Production by month

Oil output over 4 reported months

  • Oil (bars)
  • Gas (line)
Oil output over 4 reported monthsMonthly oil production and gas for TUNNELL, I. P. 300, Apr 2026 to Jul 2026. Oil output over 4 reported months. Too few months reported to show a trend.bbl per monthmcf per month0020200404006060080800Oct 25Jan 26AprJul
Oil output over 4 reported monthsMonthly oil production and gas for TUNNELL, I. P. 300, Apr 2026 to Jul 2026. Oil output over 4 reported months. Too few months reported to show a trend.bbl per monthmcf per month0020200404006060080800Jan 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 4 months reported

All of the gas went to a transmission line in the 4 months reportedShare of TUNNELL, I. P. 300 gas by disposition code each month, Apr 2026 to Jul 2026. All of the gas went to a transmission line in the 4 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 25Jan 26AprJul
All of the gas went to a transmission line in the 4 months reportedShare of TUNNELL, I. P. 300 gas by disposition code each month, Apr 2026 to Jul 2026. All of the gas went to a transmission line in the 4 months reported.Share of gas by disposition code0%50%100%Jan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on TUNNELL, I. P. 300
API numberWell no.Status
42-467-3090218Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Eastex Crude Company, LLCOilGathers100Apr 21, 2026
Basa Resources, Inc.Casinghead gasBuys100Apr 21, 2026
Basa Resources, Inc.Casinghead gasGathers100Apr 21, 2026

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

Who buys my oilOil price check

46.24 acres on the newest permit

  • 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 Tunnell, I. P. 300
API numberWell no.Acreson the permit
42-467-309021846.24

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

Unit decimal checker

Estimate your royalty

4 months, newest first

Ledger for TUNNELL, I. P. 300
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026322993930$80.46$2.89
Jun 2026303178780$84.81$3.15
May 202661667457450$102.13$2.94
Apr 202620126056050$100.32$2.77

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

OperatorBasa Resources, Inc.FieldVan (Pecan Gap)CountyVan Zandt County

Basa Resources, Inc. in Van Zandt County

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Van (Pecan Gap) field

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Leases within 10 km

Drilling permits within 10 km