Bassel

Oil & Gas Property in Andrews County, TX

Property Summary

Key data points for Bassel

CountyAndrews County, TX
Production DatesJan 1993 - Aug 2024
Total Oil Production446,391 BBLs
Total Gas Production233,856 MCF
Recent Oil Production750 BBLs in Jul 2024
Recent Gas Production793 MCF in Jul 2024
Wells on Property38

Our Valuation Estimates for Bassel

ShaleAssessment

$26,308 *

MarketMultiple

$96,510 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Bassel Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Bassel
from Jan 1993 to Aug 2024

Wells on Bassel

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-003-32013BASSEL, ET AL 2RANKIN OIL CO.Plugged Oil WellAndrews County, TX32.243681-102.727769
42-003-32014BASSEL ET AL 1Contango Resources, LLCShut InAndrews County, TX32.246059-102.728572
42-003-32026BASSEL ET AL 3Contango Resources, LLCShut InAndrews County, TX32.246493-102.731756
42-003-32027BASSEL ET AL 4Contango Resources, LLCProducingAndrews County, TX32.249548-102.729751
42-003-32164BASSEL ET AL 5Contango Resources, LLCProducingAndrews County, TX32.253862-102.732691
42-003-39666BASSEL ET AL 6Contango Resources, LLCShut InAndrews County, TX32.244215-102.729801
42-003-39667BASSEL ET AL 7Contango Resources, LLCProducingAndrews County, TX32.247206-102.735255
42-003-39731BASSEL ET AL 8Contango Resources, LLCTemp AbandonedAndrews County, TX32.247663-102.733370
42-003-39955BASSEL ET AL 9Contango Resources, LLCProducingAndrews County, TX32.255730-102.731471
42-003-39956BASSEL ET AL 10Contango Resources, LLCProducingAndrews County, TX32.253332-102.730661
42-003-40156BASSEL ET AL 11Contango Resources, LLCProducingAndrews County, TX32.245620-102.735058
42-003-40635BASSEL ET AL 12Contango Resources, LLCShut InAndrews County, TX32.246177-102.734068
42-003-41488BASSEL ET AL 14Contango Resources, LLCProducingAndrews County, TX32.251422-102.729949
42-003-41937BASSEL ET AL 19Contango Resources, LLCProducingAndrews County, TX32.254797-102.733377
42-003-41945BASSEL ET AL 15Contango Resources, LLCProducingAndrews County, TX32.247332-102.732336
42-003-41951BASSEL ET AL 16Contango Resources, LLCProducingAndrews County, TX32.252566-102.732220
42-003-42118BASSEL ET AL 13Contango Resources, LLCProducingAndrews County, TX32.247713-102.729820
42-003-42119BASSEL ET AL 17Contango Resources, LLCProducingAndrews County, TX32.245206-102.728382
42-003-42219BASSEL ET AL 18Contango Resources, LLCShut InAndrews County, TX32.249913-102.731665
42-003-42341BASSEL ET AL 21Contango Resources, LLCProducingAndrews County, TX32.254858-102.731176
42-003-42363BASSEL ET AL 20Contango Resources, LLCProducingAndrews County, TX32.248672-102.729042
42-003-42531BASSEL ET AL 22Contango Resources, LLCProducingAndrews County, TX32.246387-102.734978
42-003-42536BASSEL ET AL 23Contango Resources, LLCProducingAndrews County, TX32.253965-102.730881
42-003-42537BASSEL ET AL 24Contango Resources, LLCProducingAndrews County, TX32.250233-102.729613
42-003-42724BASSEL ET AL 25Contango Resources, LLCProducingAndrews County, TX32.253186-102.732613
42-003-42987BASSEL ET AL 36Contango Resources, LLCProducingAndrews County, TX32.246133-102.730566
42-003-43485BASSEL ET AL 29Contango Resources, LLCShut InAndrews County, TX32.252106-102.729673
42-003-43514BASSEL ET AL 40Contango Resources, LLCProducingAndrews County, TX32.242794-102.728856
42-003-43578BASSEL ET AL 33Contango Resources, LLCProducingAndrews County, TX32.248325-102.733715
42-003-43692BASSEL ETAL 28SANDRIDGE EXPL. AND PROD., LLCSidetrack Well Surface LocationAndrews County, TX32.251644-102.732359
42-003-43826BASSEL ET AL 41Contango Resources, LLCShut InAndrews County, TX32.243407-102.730302
42-003-43885BASSEL ET AL 31Contango Resources, LLCProducingAndrews County, TX32.250892-102.732263
42-003-44718BASSEL ET AL 35Contango Resources, LLCProducingAndrews County, TX32.248258-102.731524
42-003-44776BASSEL ET AL 38Contango Resources, LLCShut InAndrews County, TX32.244758-102.734611
42-003-44833BASSEL ETAL 42SANDRIDGE EXPL. AND PROD., LLCSidetrack Well Surface LocationAndrews County, TX32.243698-102.727889
42-003-44834BASSEL ETAL 26SANDRIDGE EXPL. AND PROD., LLCPermitted LocationAndrews County, TX32.255821-102.733067
42-003-44835BASSEL ETAL 39SANDRIDGE EXPL. AND PROD., LLCPermitted LocationAndrews County, TX32.245617-102.732647
42-003-44836BASSEL ETAL 32SANDRIDGE EXPL. AND PROD., LLCSidetrack Well Surface LocationAndrews County, TX32.251326-102.729197

Leases included in Bassel

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
08-254814BASSEL ET AL 8Contango Resources, LLCAndrews County, TX
08-25575BASSEL, ET ALContango Resources, LLCAndrews County, TX
08-38115BASSELOK ARENA OPERATING COMPANYAndrews County, TX

Nearby Properties

These are the closest 20 properties to the Bassel property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AnitaAndrews County, TX429 BBLs454 MCFAug 2024
ArgoAndrews County, TX699 BBLs688 MCFJul 2024
Argo KnightAndrews County, TX1,717 BBLs1,304 MCFJul 2024
BoydAndrews County, TX190 BBLs201 MCFAug 2024
C.C. Lockhart & BrownAndrews County, TX1,087 BBLs1,130 MCFJul 2024
C.C. Nix-FuhrmanAndrews County, TX398 BBLs311 MCFJul 2024
Ehrig Et AlAndrews County, TX411 BBLs395 MCFAug 2024
FuhrmanAndrews County, TX1,145 BBLs1,089 MCFAug 2024
GindorfAndrews County, TX181 BBLs125 MCFAug 2024
KnightAndrews County, TX997 BBLs871 MCFAug 2024
Nix FAndrews County, TX70 BBLs56 MCFJul 2024
Nix-FuhrmanAndrews County, TX102 BBLs80 MCFJul 2024
Olsen Et AlAndrews County, TX197 BBLs207 MCFAug 2024
PebsworthAndrews County, TX152 BBLs0 MCFAug 2024
PrichardAndrews County, TX308 BBLs230 MCFJul 2024
RanchAndrews County, TX661 BBLs962 MCFAug 2024
SeidelAndrews County, TX464 BBLs490 MCFAug 2024
Sentry C.CAndrews County, TX180 BBLs172 MCFJul 2024
StuckertAndrews County, TX429 BBLs411 MCFAug 2024
ZeismerAndrews County, TX230 BBLs220 MCFAug 2024

Owners of Bassel

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024CONTANGO RESOURCESBASSEL ET ALCONTANGO RESOU
2024REUNIONAIRE CORPORATIONBASSEL ET ALCONTANGO RESOU
2024CHESTNUTHILL CAPITAL LTDBASSEL ET ALCONTANGO RESOU
2024HAYES MICHAEL JBASSEL ET ALCONTANGO RESOU
2024KEY MARILYN ZBASSEL ET ALCONTANGO RESOU
2024ZIESMER BENJAMIN W 2011 TRUSTBASSEL ET ALCONTANGO RESOU
2024CHRISTLEY FRANK MINERALS LPBASSEL ET ALCONTANGO RESOU
2024MOORE KAYBASSEL ET ALCONTANGO RESOU
Displaying 8 of 82 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Bassel

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
08-254814BASSEL ET AL 8Aug 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-254814BASSEL ET AL 8Jul 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-25575BASSEL, ET ALJul 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-25575BASSEL, ET ALJun 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-254814BASSEL ET AL 8Jun 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-254814BASSEL ET AL 8May 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-25575BASSEL, ET ALMay 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-25575BASSEL, ET ALApr 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-254814BASSEL ET AL 8Apr 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-254814BASSEL ET AL 8Mar 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-25575BASSEL, ET ALMar 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-254814BASSEL ET AL 8Feb 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-25575BASSEL, ET ALFeb 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-254814BASSEL ET AL 8Jan 2024PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-25575BASSEL, ET ALJan 2024DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-254814BASSEL ET AL 8Dec 2023PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-25575BASSEL, ET ALDec 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-25575BASSEL, ET ALNov 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-254814BASSEL ET AL 8Nov 2023PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-254814BASSEL ET AL 8Oct 2023PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-25575BASSEL, ET ALOct 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-254814BASSEL ET AL 8Sep 2023PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC
08-25575BASSEL, ET ALSep 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-25575BASSEL, ET ALAug 2023DCP OPERATING COMPANY, LPCONTANGO RESOURCES, LLC
08-254814BASSEL ET AL 8Aug 2023PHILLIPS 66 COMPANYCONTANGO RESOURCES, LLC