BASS
BASS is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Sanguine Gas Exploration, LLC. It has 1 wellbore on file with the Commission. Reported production runs from June 2007 to August 2026, totalling 497,084 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 $169K, with roughly $65K 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 1,378 thousand cubic feet a month. Its strongest month on the record we hold was December 2017, at 3,822 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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
- Who operates BASS?
- BASS is operated by Sanguine Gas Exploration, LLC, Railroad Commission of Texas operator number 748059.
- Where is BASS?
- BASS is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 229583.
- Is BASS still producing?
- BASS is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BASS is August 2026.
- How much has BASS produced?
- BASS has reported 497,084 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2007 and August 2026, from 1 wellbore.
- How much is BASS worth?
- The remaining production from BASS is estimated to be worth about $169K in total as of 27 August 2026, within a range of $141K to $198K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BASS is a fraction of it. The estimate fits an Arps decline curve to the production BASS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BASS is an estimate of value, not an offer and not an appraisal.
- How much income does BASS generate in a year?
- BASS is forecast to net about $65K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BASS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sanguine Gas Exploration, LLC |
|---|---|
| Field | Stiles Ranch (Granite Wash) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 229583 |
| Wellbores | 1 |
| Reported production | 497,084 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $169K |
Where BASS 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.