
American Oil
Direct Oil and Gas Investment Opportunities for Qualified Investors
Ready to Invest?
See If You Qualify
We participate at the same level as our investors ensuring a responsible use of your investment.
Investor Focused
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 ยง469, when structured correctly.
Cut Your Taxes in Year 1 and Reduce Capital at Risk
IDCs are the consumables and services that get a well ready to produce. They often represent 60 to 85 percent of upfront cost. If you hold a working interest and elect to expense, you can usually deduct them in the year incurred, reducing at-risk capital immediately.
Turn equipment into multi-year deductions that smooth cash flow.
TDCs are equipment with resale value, such as casing, tubing, and tanks. You capitalize these costs and recover them over time, generally with MACRS. Plan placed-in-service dates to align with bonus depreciation where available so equipment deductions complement your IDC strategy.
Take a 15 percent production deduction that can outlast basis.
Depletion reduces taxable production income each year. Eligible independents and royalty owners can claim percentage depletion at 15 percent of gross income per property, subject to caps. Compute percentage and cost depletion annually and take the larger allowable amount, including after basis is fully recovered.
Use early losses to offset wages and business income.
With a true working interest that carries unlimited liability during drilling, tax losses are treated as nonpassive under Section 469. Early losses, often from IDCs, may offset wages or business income, subject to at-risk rules and documentation. Entity structure determines eligibility.

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. Low overhead means more of every production dollar flows back to our investors instead of covering corporate expenses. That is a deliberate choice, not an accident.
Investor-First Philosophy
We skip the corner offices and the corporate jet. Every dollar we save on overhead is a dollar that stays in the well program. Our investors see the AFE, the drilling reports, and the production numbers โ because that is what matters.
Why Invest with Bass Energy & Exploration
We drill wells, manage production, and invest alongside you. Here is what that means 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. That experience shows in how we evaluate prospects, manage risk, and return capital.
Tax Advantages
Deduct up to 85% of drilling costs in year one through IDCs, recover equipment costs via MACRS depreciation, and receive 15% of gross production income tax-free through the depletion allowance.
Transparent Operations
You get detailed drilling reports, production updates, and direct access to our team. No layers of management between you and the people running your wells.
Direct Ownership
Hold a working interest in actual wells. You own a share of the production, take the tax deductions, and participate in the upside alongside the Bass family.
Explore Our Resources
How to Invest in Oil & Gas
Complete guide to getting started with oil and gas investing
Learn moreCurrent Projects
View our active drilling and production projects
Learn moreInvestor Resources
Educational guides, reports, and 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
Market analysis and investment commentary
Learn more
APPLICATION
See If You Qualify
Ready to Talk About Your Next Investment?
We work with qualified investors who want direct participation in oil and gas wells โ real working interests with real tax benefits. Let us walk you through the numbers.
Contact Our Team