BASS
BASS is a Texas oil lease in Wood County, Railroad Commission district 05, operated by Valence Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2021 to August 2026, totalling 213,195 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 $4.5M, with roughly $1.1M 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 1,453 barrels a month. Its strongest month on the record we hold was October 2021, at 14,638 barrels. 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 Valence Operating Company, Railroad Commission of Texas operator number 881167.
- Where is BASS?
- BASS is a Texas oil lease in Wood County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 04435.
- Is BASS still producing?
- BASS is currently producing. 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 213,195 barrels of oil (bbl) to the Railroad Commission of Texas between June 2021 and August 2026, from 1 wellbore.
- How much is BASS worth?
- The remaining production from BASS is estimated to be worth about $4.5M in total as of 27 August 2026, within a range of $3.7M to $5.2M. 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 $1.1M 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 | Valence Operating Company |
|---|---|
| Field | Como (Rodessa Hill, Lo.) |
| County | Wood County, Texas |
| RRC district | 05 |
| Lease number | 04435 |
| Wellbores | 1 |
| Reported production | 213,195 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.5M |
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.