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Texas gas well

Producing

WARD, J. M. "1240"

Ward, J. M. "1240" is a gas well in Stephens County, Texas, operated by Basa Resources, Inc. in the Lakeside (Congl 3960) field.

Gas well dossier

49,823mcf gas, last 12 months−4% vs prior year
Operator
Basa Resources, Inc.
County
Stephens County
Field
Lakeside (Congl 3960)
RRC lease
7B-245166

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Where it sits

This county

Stephens CountyStephensShackelfordJackPalo PintoEastlandThrockmortonYoungStephens County
Stephens County
Oil, last 12 months
198 bbl
Gas in Jul 2026
4,309 mcf

Production by month

Gas output fell 4% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 4% over the last 12 monthsMonthly gas production and oil for WARD, J. M. "1240", Aug 2023 to Jul 2026. Gas output fell 4% over the last 12 months. 49,823 mcf in the 12 months through Jul 2026, against 51,671 mcf in the 12 months before.Last 12 months: 49,823 mcfmcf per monthbbl per month001,000252,000503,000754,0001005,000125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 4% over the last 12 monthsMonthly gas production and oil for WARD, J. M. "1240", Aug 2023 to Jul 2026. Gas output fell 4% over the last 12 months. 49,823 mcf in the 12 months through Jul 2026, against 51,671 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,000252,000503,000754,0001005,000125Jan 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 WARD, J. M. "1240" 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 WARD, J. M. "1240" 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.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermCondensateGathers100Dec 1, 2022–
Hanlon Gas Processing, Ltd.Gas-well gasBuys100Oct 1, 2008–
Hanlon Gas Processing, Ltd.Gas-well gasGathers100Oct 1, 2008–
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers100Oct 1, 2008Dec 1, 2022

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

Who buys my oilOil price check

800 acres on the newest permit

Check your decimal on this lease
Permits for Ward, J. M. "1240"
API numberWell no.Acreson the permit
42-429-36268201800

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

Unit decimal checker

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36 months, newest first

Ledger for WARD, J. M. "1240"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026251764,3094,3090$80.46$2.89
Jun 2026604,1624,1620$84.81$3.15
May 2026404,5774,5770$102.13$2.94
Apr 20261603,5093,5090$100.32$2.77
Mar 20263604,1894,1890$91.38$3.04
Feb 20262903,7883,7880$64.51$3.62
Jan 20261704,1504,1500$60.04$7.72
Dec 20251704,1874,1870$57.97$4.26
Nov 20251104,1524,1520$60.06$3.79
Oct 2025704,1464,1460$60.89$3.19
Sep 20251904,2414,2410$63.96$2.97
Aug 20251104,4134,4130$64.86$2.91
Jul 2025804,3844,3840$68.39$3.20
Jun 202501674,2364,2360$68.17$3.02
May 2025804,4004,4000$62.17$3.12
Apr 20251804,2394,2390$63.54$3.42
Mar 20251704,3654,3650$68.24$4.12
Feb 2025903,9213,9210$71.53$4.19
Jan 20251804,3544,3540$75.74$4.13
Dec 20242704,3854,3850$70.12$3.01
Nov 20241404,3264,3260$69.95$2.12
Oct 20242504,6854,6850$71.99$2.20
Sep 20241704,1064,1060$70.24$2.28
Aug 2024231764,2704,2700$76.68$1.99
Jul 20243604,6944,6940$81.80$2.07
Jun 20243304,4994,4990$79.77$2.54
May 20243004,5804,5800$80.02$2.12
Apr 20242304,4204,4200$85.35$1.60
Mar 2024171674,5924,5920$81.28$1.49
Feb 20241904,3104,3100$77.25$1.72
Jan 20243504,6244,6240$74.15$3.18
Dec 20233504,5614,5610$71.90$2.52
Nov 20233404,6044,6040$77.69$2.71
Oct 20233204,6284,6280$85.64$2.98
Sep 20231131774,5504,5500$89.43$2.64
Aug 20233604,7124,7120$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

OperatorBasa Resources, Inc.FieldLakeside (Congl 3960)CountyStephens County

Basa Resources, Inc. in Stephens County

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Lakeside (Congl 3960) field

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