American Oil
Direct Oil and Gas Investment Opportunities for Qualified Investors
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We put our own money in at the same level as our investors. Your capital gets the same care ours does.
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Oil & Gas Investment Tax Benefits
Direct oil and gas investments can deliver large first-year deductions and durable, production-based write-offs. The biggest drivers are intangible drilling costs (IDCs), equipment depreciation, percentage depletion, and the working-interest exceptionunder §469, when 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
Write off up to 85% of drilling costs in year one through IDCs. Recover equipment costs via MACRS depreciation. Then collect 15% of gross production income tax-free through the depletion allowance.
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.
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