BASSETT GOODE
BASSETT GOODE is a Texas gas lease in Terrell County, Railroad Commission district 7C, operated by Encore Operating, L.P. It has 1 wellbore on file with the Commission. Reported production runs from June 2008 to August 2026, totalling 1,725,693 thousand cubic feet. The lease is intermittent. 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 $165, with roughly $21 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 0 thousand cubic feet a month. Its strongest month on the record we hold was June 2021, at 14,280 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 100% 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 BASSETT GOODE
- Who operates BASSETT GOODE?
- BASSETT GOODE is operated by Encore Operating, L.P., Railroad Commission of Texas operator number 251727.
- Where is BASSETT GOODE?
- BASSETT GOODE is a Texas gas lease in Terrell County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 240472.
- Is BASSETT GOODE still producing?
- BASSETT GOODE is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BASSETT GOODE is August 2026.
- How much has BASSETT GOODE produced?
- BASSETT GOODE has reported 1,725,693 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2008 and August 2026, from 1 wellbore.
- How much is BASSETT GOODE worth?
- The remaining production from BASSETT GOODE is estimated to be worth about $165 in total as of 27 August 2026, within a range of $0 to $329. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BASSETT GOODE is a fraction of it. The estimate fits an Arps decline curve to the production BASSETT GOODE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BASSETT GOODE is an estimate of value, not an offer and not an appraisal.
- How much income does BASSETT GOODE generate in a year?
- BASSETT GOODE is forecast to net about $21 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BASSETT GOODE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Encore Operating, L.P. |
|---|---|
| Field | Brown-Bassett (Devonian) |
| County | Terrell County, Texas |
| RRC district | 7C |
| Lease number | 240472 |
| Wellbores | 1 |
| Reported production | 1,725,693 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $165 |
Where BASSETT GOODE 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.