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Oklahoma Oil and Gas Company: Bass Energy & Exploration

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Here's What You Need to Know

  • /BassEXP is a family-owned oil and gas company out of Oklahoma City. We drill and operate in the state's top-producing formations.
  • /The Bass family has over 100 years of combined time in Oklahoma oil and gas, from exploration through drilling and day-to-day production.
  • /Our wells sit in the SCOOP, STACK, and Anadarko Basin. These formations have decades of production data behind them.
  • /We put our own money into every well we drill. Our capital goes in the same hole yours does.

Bass Energy & Exploration is an Oklahoma oil and gas company. We're headquartered in Oklahoma City, and we run our business the same way we always have: be straight with people, put our own money in the ground, and drill where the geology is proven. That's it. Our wells sit in Oklahoma's most productive basins.

Oklahoma has been producing oil and gas for over a century. It's where we live. It's where the Bass family has drilled wells for generations, and it's the only place we operate.

The Bass Family: Generations of Oklahoma Energy Experience

BassEXP is family-operated. Three generations of the Bass family have drilled, completed, and run wells across Oklahoma's best-producing formations. That's over 100 years of collective time in the field. We know the geology in these basins, we know the regulators, and we know the service companies and landowners who keep projects moving.

We're not a fund. We're not a holding company or a Wall Street outfit. We grew up in this business, and that shows in how we pick prospects, how we run wells, and how we talk to our investors.

100+

Years Combined Experience

Bass family legacy in Oklahoma energy

OKC

Headquartered

Oklahoma City, Oklahoma

100%

Co-Investment

Bass family capital in every well

Where We Operate in Oklahoma

Oklahoma ranks 5th in U.S. oil production, pumping over 400,000 barrels per day from formations that geologists have studied for decades. We focus on three areas:

SCOOP (South Central Oklahoma Oil Province)

One of the most prolific unconventional plays in the country. SCOOP produces oil and natural gas liquids from the Woodford Shale, and wells here hit hard early with strong IP rates. It's a cornerstone of what we drill.

STACK (Sooner Trend Anadarko Canadian Kingfisher)

Meramec and Woodford formations stacked on top of each other. Multiple pay zones in one spacing unit means we can drill several wells from the same pad, which stretches acreage value and gives investors exposure to more than one producing interval.

Anadarko Basin

One of the deepest and most productive sedimentary basins on the continent. The Anadarko has been producing oil and natural gas for over a hundred years, conventional and unconventional. The infrastructure's already built out, the local crews know what they're doing, and that keeps our operating costs down.

Why Oklahoma for Oil and Gas

We didn't pick Oklahoma by accident. The geology is proven, the state actually wants energy companies to succeed, and the infrastructure to move oil and gas is already in the ground. Here's what that means for investors.

Proven Geology

Decades of production data from SCOOP, STACK, and the Anadarko Basin. We're not guessing at what's down there. The subsurface models are backed by thousands of offset wells.

Built-Out Infrastructure

Pipelines, gathering systems, processing plants, service rigs. It's all here already. That cuts the time from spud to first production and holds operating costs down.

Pro-Development Regulation

Oklahoma's permitting process is clear and the timelines are reasonable. The state wants responsible drilling to happen, and the rules reflect that.

Skilled Workforce

OKC, Tulsa, and the surrounding towns have one of the densest concentrations of oil and gas professionals anywhere in the U.S.

Tax Benefits

Federal incentives like IDC deductions, depletion allowances, and active income treatment apply to every Oklahoma well investment.

Local Expertise

We live here. That gives us direct access to formation data, landowner relationships, and regulatory contacts that out-of-state operators simply don't have.

How BassEXP Operates

We handle everything. Picking the prospect, leasing the minerals, drilling the well, running production, and keeping the books. You see every step.

1

Prospect Selection

We pick drilling targets using 3D seismic, offset well analysis, and what we've learned drilling in these basins for decades. If the economics don't pencil out, we pass.

2

Investor Partnership

You get the full prospect package: cost breakdowns, geo analysis, production projections, and risk disclosures. The Bass family invests in every well right alongside you.

3

Drilling & Completion

Our crews handle drilling and completion using techniques tailored to each formation. You'll get real-time updates while the rig's turning.

4

Production & Distributions

Once the well's online, you get monthly production reports and revenue checks based on your working interest, net of operating costs and royalties.

5

Ongoing Operations

We handle maintenance, production optimization, and compliance for the life of the well. Long-term recovery is how we measure success.

What Sets BassEXP Apart

Co-Investment

The Bass family puts money into every well we drill. Period. We don't ask investors to take a risk we're not taking ourselves.

Transparency

Full cost breakdowns, geo reports, monthly production data, and a direct line to our team. No gatekeepers, no black boxes.

Oklahoma Focus

We drill in Oklahoma. That's it. One state, deep expertise, strong local relationships, and better execution than operators spread thin across the map.

Investor Education

We publish guides, calculators, and resources so you actually understand what you're investing in. Informed investors make better partners.

Learn More About BassEXP

See what we're drilling right now, read our guide on investing in Oklahoma oil wells, or get in touch to talk about working together.

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Written by

Preston Bass

CEO

Preston Bass is the founder of Bass Energy & Exploration (BassEXP) and an experienced operator in the private oil and gas sector. He helps qualified investors evaluate working-interest energy projects with a focus on disciplined execution, cost control, and transparent reporting. Preston also hosts the ONG Report (Oil & Natural Gas Report), where he breaks down complex oil and gas investing topics—including tax considerations and deal structure—into clear, practical insights.

Read Full Bio →

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.

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