BASDEN
BASDEN is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Torch Operating Company. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 152,025 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 $341K, with roughly $63K 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 84 barrels a month, about 42 per wellbore. Its strongest month on the record we hold was December 2022, at 176 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 BASDEN
- Who operates BASDEN?
- BASDEN is operated by Torch Operating Company, Railroad Commission of Texas operator number 862594.
- Where is BASDEN?
- BASDEN is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21554.
- Is BASDEN still producing?
- BASDEN is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BASDEN is August 2026.
- How much has BASDEN produced?
- BASDEN has reported 152,025 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is BASDEN worth?
- The remaining production from BASDEN is estimated to be worth about $341K in total as of 26 August 2026, within a range of $188K to $494K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BASDEN is a fraction of it. The estimate fits an Arps decline curve to the production BASDEN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BASDEN is an estimate of value, not an offer and not an appraisal.
- How much income does BASDEN generate in a year?
- BASDEN is forecast to net about $63K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BASDEN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Torch Operating Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 21554 |
| Wellbores | 2 |
| Reported production | 152,025 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $341K |
Where BASDEN 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.