Independently Owned · Oklahoma City, OK
Direct Oil and Gas Investment Opportunities for Qualified Investors
Independently Owned · Oklahoma City, OK · BBB Accredited
3rd Generation
Family Owned
Partnering with the Bass family
100+
Years Combined Experience
Hands-on drilling heritage
150+
Qualified Investors
Investing alongside us
Oklahoma
Independent Operator
Headquartered in Oklahoma City
Want to Learn More?
Let's Start a Conversation
We put our own money in at the same level as our investors. Your capital gets the same care ours does. Before any discussion of a specific offering, we like to get to know the people we partner with.
Investor Focused
Oil & Gas Investment Tax Benefits
The federal tax code gives direct oil and gas participation some of the most distinctive treatment available to individual investors: front-loaded deductions on qualifying drilling costs and durable, production-based shelters on the revenue side. The four drivers are intangible drilling costs (IDCs), equipment depreciation, percentage depletion, and the working-interest exception under IRC Section 469, when a program is structured correctly.
Cut Your Taxes in Year 1 and Reduce Capital at Risk
IDCs cover the consumables and services that get a well ready to produce. They typically run 60 to 85 percent of upfront cost. Hold a working interest, elect to expense, and you can deduct them the year you spend them, cutting your at-risk capital right away.
Turn equipment into multi-year deductions that smooth cash flow.
TDCs cover equipment that holds resale value: casing, tubing, tanks. You capitalize these costs and recover them over time, typically through MACRS. Time your placed-in-service dates to line up with bonus depreciation where it's available, and your equipment write-offs work alongside your IDC strategy.
Take a 15 percent production deduction that can outlast basis.
Depletion trims your taxable production income every year. Eligible independents and royalty owners can claim percentage depletion at 15 percent of gross income per property, subject to caps. Run both percentage and cost depletion each year, take whichever number is bigger, and keep claiming it even after your basis hits zero.
Use early losses to offset wages and business income.
A true working interest carries unlimited liability during drilling, so the IRS treats those tax losses as nonpassive under Section 469. That means early losses from IDCs can offset your wages or business income, subject to at-risk rules and proper documentation. Your entity structure determines whether you qualify.
Bass Oil: A Century of Drilling Experience
Bass Energy & Exploration is a family-owned E&P company with over 100 years of collective drilling experience across multiple U.S. basins. We invest our own capital alongside yours, because we believe the best way to earn your trust is to share the same risk.
Efficient Operations, Maximum Returns
We run lean on purpose. Low overhead means more of every production dollar flows back to our investors instead of covering corporate expenses. That's not an accident.
Investor-First Philosophy
We skip the corner offices and the corporate jet. Every dollar we save on overhead stays in the well program. Our investors see the AFE, the drilling reports, and the production numbers, because that's what actually moves the needle.
Why Invest with Bass Energy & Exploration
We drill wells, manage production, and invest alongside you. Here's what that looks like for your portfolio.
100+ Years of Expertise
The Bass family has drilled and operated wells across the Mid-Continent and beyond for over 100 years. We've seen every kind of well condition. That experience shapes how we pick prospects, size up risk, and get capital back to investors.
Tax Advantages
For qualifying programs, the federal tax code treats IDCs as deductible in the year incurred, depreciates tangible equipment under MACRS, and shelters 15% of gross production revenue through the percentage depletion allowance. How much of any program qualifies depends on its cost structure and each investor's tax situation.
Transparent Operations
You'll get drilling reports, production updates, and a direct line to our team. No layers of management sitting between you and the people running your wells.
Direct Ownership
Hold a working interest in actual wells. Your name's on the production, you claim the tax deductions, and you ride the upside right alongside the Bass family.
Run the Numbers Before You Invest
Free tools built for accredited investors. No login required.
Tax Calculator
Estimate IDC deductions, depletion allowance, and total first-year tax savings on a direct participation investment.
Well ROI Estimator
Model after-tax returns with hyperbolic decline curves across 1 to 10 year horizons.
Investment Comparison
Stack oil and gas against S&P 500, munis, REITs, and bonds side by side.
Accredited Investor Quiz
Four quick questions to check if you meet SEC accreditation thresholds.
Explore Our Resources
How to Invest in Oil & Gas
Step-by-step walkthrough for getting started with oil and gas investing
Learn moreCurrent Projects
View our active drilling and production projects
Learn moreInvestor Resources
Guides, drilling reports, and hands-on investment tools
Learn moreOil & Gas Glossary
170+ terms explained for investors
Learn moreInvestor Tools
Tax calculator, ROI estimator, NRI calculator, and more
Learn moreLatest Insights
Oil market updates and investment commentary from our team
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LET'S GET ACQUAINTED
Get to Know BassEXP
Tell us a bit about yourself and a member of the BassEXP team will reach out to start a conversation. No specific investment opportunity is being presented here — we get to know prospective partners before any discussion of a specific program.
Ready to Talk About Your Next Investment?
We work with qualified investors who want direct participation in oil and gas wells. Real working interests, real tax benefits, and real production checks. Let's walk you through the numbers.
Contact Our Team