BASS, ERNEST T
BASS, ERNEST T is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Devon Energy Production Co, L.P. It has 12 wellbores on file with the Commission. Reported production runs from September 2010 to August 2026, totalling 253,916 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $3.3M, with roughly $675K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 767 barrels a month, about 64 per wellbore. Its strongest month on the record we hold was May 2017, at 2,658 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about BASS, ERNEST T
- Who operates BASS, ERNEST T?
- BASS, ERNEST T is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is BASS, ERNEST T?
- BASS, ERNEST T is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 40972.
- Is BASS, ERNEST T still producing?
- BASS, ERNEST T is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BASS, ERNEST T is August 2026.
- How much has BASS, ERNEST T produced?
- BASS, ERNEST T has reported 253,916 barrels of oil (bbl) to the Railroad Commission of Texas between September 2010 and August 2026, from 12 wellbores.
- How much is BASS, ERNEST T worth?
- The remaining production from BASS, ERNEST T is estimated to be worth about $3.3M in total as of 26 August 2026, within a range of $2.6M to $4.0M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BASS, ERNEST T is a fraction of it. The estimate fits an Arps decline curve to the production BASS, ERNEST T has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BASS, ERNEST T is an estimate of value, not an offer and not an appraisal.
- How much income does BASS, ERNEST T generate in a year?
- BASS, ERNEST T is forecast to net about $675K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BASS, ERNEST T receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Sallie Ann (Spraberry-Wolfcamp) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 40972 |
| Wellbores | 12 |
| Reported production | 253,916 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.3M |
Where BASS, ERNEST T sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.