Oil and Gas Wells for Sale: Direct Investment Opportunities
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- /Oil wells for sale at BassEXP means specific drilling projects open to qualified investors
- /Every project includes full cost breakdowns, geological reports, and production projections
- /You hold working interest in identified wells with defined locations and economics
- /2026 drilling programs are now accepting investors — complete a suitability questionnaire to start
What "Oil Wells for Sale" Means at BassEXP
When we say oil and gas wells for sale, we mean specific drilling projects that qualified investors can participate in directly. This is not a public stock listing or an exchange-traded fund. You invest in identified wells with defined locations, cost structures, and geological data. Each project is a direct oil well investment. You hold a working interest and share in production revenue and significant tax benefits. For a full walkthrough of how to invest in U.S. oil wells, see our complete investment guide.
What Investors Evaluate
Before committing capital, investors review the project economics: estimated drilling and completion costs, IDC/TDC allocation, projected production rates, and expected return scenarios at various commodity price levels. You also evaluate the operator's track record, the geological basis for the well location, and the project timeline. Invest in American oil wells by comparing opportunities side by side and understanding the risk profile of each.
How Bass Energy & Exploration Supports Diligence
We provide complete transparency. Every project includes detailed offering documents, cost breakdowns, geological reports, and production projections. Our team is available to answer questions directly. The Bass family has over 100 years of combined experience, and we invest our own capital alongside investors. We want you to know exactly what you are buying before you write the check.
How to Get Access
- Qualify: Complete our suitability questionnaire to confirm qualified investor status.
- Review opportunities: We share current projects with full economics, timelines, and risk disclosures.
- Invest: Subscribe through the Private Placement Memorandum and receive your working interest allocation. Use our investor tax calculator to estimate your first-year deductions.
View our current drilling projects to see available opportunities with full cost breakdowns and projected returns.
What You'll Typically See on a Project Page
- Location: Basin, formation, and county where the well will be drilled.
- Well type: Vertical, horizontal, or re-completion; new drill or existing production.
- Use of proceeds: Breakdown of drilling, completion, equipment, and operating costs.
- Timelines: Expected spud date, completion, and first production.
- Risk factors: Geological, operational, commodity price, and regulatory risks specific to the project.
Risks & Trade-Offs
- Commodity prices: Revenue depends on oil and gas prices. Price drops can reduce returns even from productive wells.
- Operational risk: Drilling may encounter unexpected conditions. Not every well performs as projected.
- Illiquidity: Working interests are long-term, illiquid investments. Plan accordingly. Large deductions and write-offs can reduce net capital at risk, but they do not eliminate it.
Calculate Your Net Revenue Interest
Estimate your share of production revenue based on working interest and lease terms.
The Core Formula
NRI = WI × (1 − Royalty%)
Net Revenue Interest drives your distributions
Your Participation
Your equity share of the well.
Landowner royalty paid off the top.
Well Production
Total well gross production.
Lease Operating Expenses.
Tax Assumptions
Your NRI
1.600%
WI × (1 − Royalty%) — your revenue share
Monthly Distribution
$2,184
2.00% WI · 20.0% royalty
After-Tax Monthly
$1,557
After income tax + depletion shield
Revenue Waterfall — Monthly
Gross Well Revenue
3,000 bbl × $68
WI Gross Revenue
2.00% Working Interest
NRI Revenue
After 20.0% royalty
Net Operating Income
After LOE deducted
After-Tax Distribution
Inc. depletion shield
| Revenue Layer | $ Amount | % of Gross | Who Gets It |
|---|---|---|---|
| Gross Well Revenue | $204,000 | +100.0% | Well (all parties) |
| Royalty Paid Out | ($816) | -0.4% | Landowner / Mineral Rights |
| WI Gross → NRI Revenue | $3,264 | +1.6% | Working Interest (you @ 1.600%) |
| Lease Operating Expense | ($1,080) | -0.5% | Operator (you bear WI share) |
| Net Operating Income | $2,184 | +1.1% | Pre-tax investor income |
| Depletion Allowance (15%) | $490 | +0.2% | IRS shelter — reduces taxable income |
| Income Tax Owed | ($627) | -0.3% | Federal income tax @ 37% |
| Your After-Tax Monthly Distribution | $1,557 | 0.8% | You (investor) |
Working Interest (WI)
Your equity stake in the well. You bear WI% of all drilling and operating costs — and receive WI% of all revenue before royalties.
Drives both costs AND gross revenue share
Royalty Burden
Paid to landowners off the top of gross revenue. Royalty owners bear zero costs — they simply receive their % of every barrel sold.
Comes out before LOE or any deductions
Net Revenue Interest
The number that actually matters. NRI is the share of gross revenue you keep after all royalties are paid. This drives your check.
NRI = WI × (1 − Total Royalty %)
Depletion Shield
The IRS allows you to deduct 15% of gross NRI revenue each year as depletion — permanently tax-free income.
15% of NRI revenue × tax rate = cash saved
Illustrative only.Assumes 100% oil production (no gas or NGL). Does not include severance tax, ad valorem tax, gathering fees, or transportation deductions. Production assumed stable at monthly input — does not model decline. Depletion subject to 100% net income limitation per property. Actual distributions depend on program structure and well performance.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered legal or tax advice. We are not licensed CPAs, and readers should consult a qualified CPA or tax professional to address their specific tax situations and ensure compliance with applicable laws.
“What stood out from the start was how direct Preston and his team were about the risks and the process. No sugarcoating, just real data and honest answers. That kind of transparency is rare in this space, and it's why I keep coming back.”
— Charlie H.
“I spent months researching operators before I found BassEXP. The due diligence materials they provided were more detailed than anything else I'd seen — geological reports, full cost breakdowns, and monthly production updates. They run a tight operation.”
— Tom C.
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