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Royalty Clerk

Texas oil lease · RRC district 7B · Lease 16574

Producing

WARD, E.C.

Ward, E.c. is an oil lease in Stephens County, Texas, operated by Basa Resources, Inc. in the Stephens County Regular field. The Railroad Commission shows 8,996 bbl of oil in the 12 months through Jul 2026.

Oil lease dossier · 11 wells

8,996bbl oil, last 12 months−5% vs prior year
Operator
Basa Resources, Inc.
County
Stephens County
Field
Stephens County Regular
RRC lease
7B-16574

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Where it sits

This county

Stephens CountyStephensShackelfordJackPalo PintoEastlandThrockmortonYoungStephens County
Stephens County · RRC district 7BOpen Stephens County →
Gas, last 12 months
2,920 mcf
Oil in Jul 2026
777 bbl
Reporting to the state
since Jan 2020
Wells
11

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 5% over the last 12 months

8,996 bbl in the 12 months through Jul 2026, against 9,454 bbl in the 12 months before.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for WARD, E.C., Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 8,996 bbl in the 12 months through Jul 2026, against 9,454 bbl in the 12 months before.Last 12 months: 8,996 bblbbl per monthmcf per month00200504001006001508002001,000250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 5% over the last 12 monthsMonthly oil production and gas for WARD, E.C., Aug 2023 to Jul 2026. Oil output fell 5% over the last 12 months. 8,996 bbl in the 12 months through Jul 2026, against 9,454 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00200504001006001508002001,000250Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 16574, district 7B. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

All of the gas went to flaring in the last 12 months

Flaring peaked at 100.0% of the gas in Aug 2023.

All of the gas went to flaring in the last 12 monthsShare of WARD, E.C. gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the last 12 monthsShare of WARD, E.C. gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the last 12 months. Flaring peaked at 100.0% of the gas in Aug 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 16574, district 7B. Reported through Jul 2026.

Flared (4)

Burned off or vented, not sold. It pays no royalty. More than 3% in a month is worth watching.

Over the last 12 months, 100.0% of the gas was flared. 35 months went above 3%, which we mark in the ledger below.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Basa Resources, Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeBasa Resources, Inc., Jan 2020 to Jul 20262020202120222023202420252026Basa Resources, Inc.Jan 2020 to nowthrough Jul 2026
Operators of this lease over timeBasa Resources, Inc., Jan 2020 to Jul 20262020202120222023202420252026Basa Resources, Inc.Jan 2020 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

11 wells on this lease

Every well the Railroad Commission links to oil lease 16574 in district 7B. The API number is the state’s ID for a well.
Wells on WARD, E.C.
API numberWell no.Status
42-429-308297Active
42-429-325441Active
42-429-326532Active
42-429-329204Active
42-429-330856Active
42-429-367439Active
42-429-367488Active
42-429-3681810Active
42-429-3681911Active
42-429-3684012Active
42-429-3690613Active

SourceTexas Railroad Commission Wellbore Query, district 7B, lease 16574.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Energy Transfer Marketing & Term gathers it.

    100% of it, on the list since Dec 1, 2022

Companies that used to be listed: Sunoco Ptnrs. Mktg.&terminals LP (gathers it, until Dec 1, 2022).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

320 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
1111 not plugged
Horizontal
0
First completion
Nov 10, 1980
Latest permit
May 28, 2014

The wells on this lease state different acreage

The permits state between 20 and 320 acres. Use the acres from your own division order for the well you are paid on.

11 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.

Wells and acres on the permits for Ward, E.c.
API numberWell no.Acreson the permit
42-429-3690613320
42-429-3684012320
42-429-3681810320
42-429-3681911320
42-429-367488320
42-429-367439320
42-429-33085620
42-429-308297320
42-429-329204240
42-429-326532240
42-429-325441240

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says WARD, E.C. sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for WARD, E.C.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026Basa Resources,7777212480248$80.46$2.89
Jun 2026Basa Resources,7358982400240$84.81$3.15
May 2026Basa Resources,7717172480248$102.13$2.94
Apr 2026Basa Resources,7015312400240$100.32$2.77
Mar 2026Basa Resources,7658872480248$91.38$3.04
Feb 2026Basa Resources,6935392240224$64.51$3.62
Jan 2026Basa Resources,7219192480248$60.04$7.72
Dec 2025Basa Resources,7427242480248$57.97$4.26
Nov 2025Basa Resources,7297222400240$60.06$3.79
Oct 2025Basa Resources,7887012480248$60.89$3.19
Sep 2025Basa Resources,7988972400240$63.96$2.97
Aug 2025Basa Resources,7768822480248$64.86$2.91
Jul 2025Basa Resources,8167122480248$68.39$3.20
Jun 2025Basa Resources,8147112400240$68.17$3.02
May 2025Basa Resources,7518962480248$62.17$3.12
Apr 2025Basa Resources,7287152400240$63.54$3.42
Mar 2025Basa Resources,7537172480248$68.24$4.12
Feb 2025Basa Resources,7817202240224$71.53$4.19
Jan 2025Basa Resources,8259002480248$75.74$4.13
Dec 2024Basa Resources,8587172480248$70.12$3.01
Nov 2024Basa Resources,7688962400240$69.95$2.12
Oct 2024Basa Resources,8507162480248$71.99$2.20
Sep 2024Basa Resources,7228992400240$70.24$2.28
Aug 2024Basa Resources,7887112480248$76.68$1.99
Jul 2024Basa Resources,7507092480248$81.80$2.07
Jun 2024Basa Resources,7908892400240$79.77$2.54
May 2024Basa Resources,7957032480248$80.02$2.12
Apr 2024Basa Resources,8028892400240$85.35$1.60
Mar 2024Basa Resources,8167252480248$81.28$1.49
Feb 2024Basa Resources,7307172320232$77.25$1.72
Jan 2024Basa Resources,704724000$74.15$3.18
Dec 2023Basa Resources,7648922490249$71.90$2.52
Nov 2023Basa Resources,8067112410241$77.69$2.71
Oct 2023Basa Resources,8438972490249$85.64$2.98
Sep 2023Basa Resources,7807132410241$89.43$2.64
Aug 2023Basa Resources,7967132480248$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorBasa Resources, Inc.FieldStephens County RegularCountyStephens County

Basa Resources, Inc. in Stephens County

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Stephens County Regular field

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Leases within 10 km

Found by the location of their wells.

New drilling permits in Stephens County

We do not have coordinates for this lease, so these are the newest permits in its county.

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Jul 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 16574, district 7B, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.