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Texas oil lease

Producing

WARD, J. M. -B-

Ward, J. M. -B- is an oil lease in Stephens County, Texas, operated by Basa Resources, Inc. in the Stephens County Regular field.

24 wells

18,018bbl oil, last 12 months+3% vs prior year
Operator
Basa Resources, Inc.
County
Stephens County
Field
Stephens County Regular
RRC lease
7B-03809

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Where it sits

This county

Stephens CountyStephensShackelfordJackPalo PintoEastlandThrockmortonYoungStephens County
Stephens County
Gas, last 12 months
823 mcf
Oil in Jul 2026
1,539 bbl

Production by month

Oil output held steady over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output held steady over the last 12 monthsMonthly oil production and gas for WARD, J. M. -B-, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 18,018 bbl in the 12 months through Jul 2026, against 17,556 bbl in the 12 months before.Last 12 months: 18,018 bblbbl per monthmcf per month005001001,0002001,5003002,000400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output held steady over the last 12 monthsMonthly oil production and gas for WARD, J. M. -B-, Aug 2023 to Jul 2026. Oil output held steady over the last 12 months. 18,018 bbl in the 12 months through Jul 2026, against 17,556 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005001001,0002001,5003002,000400Jan 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 6 months reported

All of the gas went to a transmission line in the 6 months reportedShare of WARD, J. M. -B- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the 6 months reported.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 6 months reportedShare of WARD, J. M. -B- gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the 6 months reported.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

24 wells on this lease

Wells on WARD, J. M. -B-
API numberWell no.Status
42-429-0117817Active
42-429-2004321Active
42-429-3032323Active
42-429-3032422Active
42-429-3032826WActive
42-429-3034727WActive
42-429-3238930Active
42-429-3239029Active
42-429-3239128Active
42-429-3255534WActive
42-429-3256036WActive
42-429-3256135WActive
42-429-3256938Active
42-429-3257039Active
42-429-3258131WActive
42-429-3258232WActive
42-429-3258437WActive
42-429-3258542WActive
42-429-3262740Active
42-429-3496818AActive
42-429-3541243Active
42-429-3669544HActive
42-429-8064415Active
42-429-8064516Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Sunoco Pipeline L.p.OilGathers100Apr 1, 2002
Hanlon Gas Processing, Ltd.Casinghead gasBuys100Aug 1, 2003
Hanlon Gas Processing, Ltd.Casinghead gasGathers100Aug 1, 2003
Nominator Not Required / Swr 31Casinghead gasNominates100Feb 1, 1994

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

Who buys my oilOil price check

378 acres on the newest permit

  • Good to know

    37 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.

  • 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 Ward, J. M. -B-
API numberWell no.Acreson the permit
42-429-2004321378
42-429-0449813378
42-429-8275119378
42-429-3669544H378
42-429-3541243378
42-429-3496818A378
42-429-3262740378
42-429-3258131W378
42-429-3258232W378
42-429-3258333W378
42-429-3258437W378
42-429-3258542W378

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. -B-
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261,5391,5292362360$80.46$2.89
Jun 20261,5981,5722612610$84.81$3.15
May 20261,6871,7081271270$102.13$2.94
Apr 20261,3801,4051991990$100.32$2.77
Mar 20261,4991,498000$91.38$3.04
Feb 20261,3561,350000$64.51$3.62
Jan 20261,5551,525000$60.04$7.72
Dec 20251,5201,558000$57.97$4.26
Nov 20251,4601,406000$60.06$3.79
Oct 20251,4871,554000$60.89$3.19
Sep 20251,4591,476000$63.96$2.97
Aug 20251,4781,462000$64.86$2.91
Jul 20251,4011,420000$68.39$3.20
Jun 20251,2831,264000$68.17$3.02
May 20251,3441,369000$62.17$3.12
Apr 20251,3641,370000$63.54$3.42
Mar 20251,4231,441000$68.24$4.12
Feb 20251,3701,347000$71.53$4.19
Jan 20251,5951,604000$75.74$4.13
Dec 20241,6031,596000$70.12$3.01
Nov 20241,5571,530000$69.95$2.12
Oct 20241,6111,571000$71.99$2.20
Sep 20241,4221,557000$70.24$2.28
Aug 20241,5831,590000$76.68$1.99
Jul 20241,5971,558000$81.80$2.07
Jun 20241,5941,564000$79.77$2.54
May 20241,6291,681000$80.02$2.12
Apr 20241,5461,563000$85.35$1.60
Mar 20241,6501,598000$81.28$1.49
Feb 20241,6491,580000$77.25$1.72
Jan 20241,6561,685000$74.15$3.18
Dec 20231,7011,704000$71.90$2.52
Nov 20231,6571,629000$77.69$2.71
Oct 20231,6921,68415150$85.64$2.98
Sep 20231,4901,593660$89.43$2.64
Aug 20231,5021,450000$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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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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