LEASES · O-5-3852 · OIL · DISTRICT 05

Maxfield, A. G. 38

Reporting

Basa Resources, Inc. · Van Zandt County · Van, West (Travis Peak) field

Maxfield, A. G. 38 is an RRC oil lease (O-5-3852) in Van Zandt County operated by Basa Resources, Inc., with one well completed on it.

It has reported 1.5K barrels of oil and 12.3K mcf of gas since June 2007, last reporting volume in April 2026 (statewide data runs through April 2026).

The last 12 reported months total 297 barrels of oil; the lease peaked at 453 barrels in July 2007.

2 operators have filed production on it, most recently Basa Resources, Inc. since January 2021.

1.5K
bbl oil, all reported
12.3K
mcf gas incl. casinghead
297
bbl oil, last 12 reported
—
vs the 12 before
1
wells completed on it
453
peak month, bbl (Jul 2007)

PDQ LEASE REPORTS · FIRST JUN 2007 · LAST VOLUME APR 2026 · STATEWIDE DATA THROUGH APR 2026

Oil by month

Barrels reported on Form PR for the whole lease. The latest months are revised upward as late reports arrive.

Last 12 months 297 · prior 12 59(+403%)

02040602017201820192020202120222023202420252026

Gas by month

Gas-well gas plus casinghead gas, mcf. On an oil lease all gas is reported as casinghead. The latest months are revised upward as late reports arrive.

Last 12 months 436 · prior 12 116(+276%)

02040602017201820192020202120222023202420252026

Decline curve

A MODEL FITTED TO THE REPORTS, NOT A REPORT

An Arps hyperbolic curve fitted to the 13 reporting months of oil since the peak in Apr 2025. The dashed line below is that curve, drawn over the months it was fitted to and then 24 months past the last report; where it parts from the columns is where the model stops describing the lease. It describes the trend of past reports. It does not know about recompletions, shut-ins, or new wells, and it is shown only when the lease reported within the last year and the curve explains most of the history.

53%
first-year decline from the peak (nominal Di 179%)
2.0
b factor (hyperbolic)
0.72
fit R²
3.03K
bbl remaining on the curve, to 1 per month

Oil, barrels reported months since the peak, with the fitted curve and its projection

Last 12 months 297

0204060202620272028

Fitted hyperbolic curve from the Apr 2025 peak, dashed 24 months past the last report

Projected monthOct 2026Apr 2027Oct 2027Apr 2028
On the curve, bbl per month16141312

Quoting a projected figure as if it were reported would be wrong; the reported figures are the ones in the charts and the table view. How production is reported →

Who reported it

Each run of months one operator filed the production report, oldest first.

  1. Union Oil Company of CaliforniaJun 2007 → Dec 2020 · 163 mo
  2. Basa Resources, Inc.Jan 2021 → Jul 2026 · 67 mo

Wells on the lease

FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL

1

wells completed on the lease

NO Type on File
1

Newest permits

All 1 wells, searchable →

About this data

Monthly oil, gas, and casinghead from the RRC PDQ production dump, which lags the reporting month by two to three months; figures shown through Apr 2026. Wells from completion reports; operator runs from who filed each month's report.

Developers: this page as JSON is GET /v1/data/leases/tx/o-5-3852, documented in the API reference.