Bass Energy & Exploration is an Oklahoma oil and gas company built on a simple principle: operate with transparency, invest alongside our partners, and focus on proven formations that deliver results. We're headquartered in Oklahoma City and operate primarily in Oklahoma's most productive basins.
Oklahoma has been at the center of American energy production for over a century. It's where we've built our business, where we live, and where the Bass family has spent generations developing expertise in oil and gas exploration.
The Bass Family: Generations of Oklahoma Energy Experience
BassEXP is a family-operated oil and gas company with roots that run deep in Oklahoma's energy industry. With over 100 years of collective experience, the Bass family has drilled, completed, and operated wells across Oklahoma's most productive formations. That history means we know these basins — the geology, the regulatory landscape, the infrastructure, and the relationships that make projects succeed.
We are not a fund, a holding company, or a Wall Street operation. We're an Oklahoma oil and gas company run by people who grew up in this business. Every decision we make reflects that heritage — from the prospects we select to how we communicate with 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 is the 5th largest oil-producing state in the U.S., producing over 400,000 barrels per day from some of the most well-understood formations in North America. BassEXP focuses on three primary areas:
SCOOP (South Central Oklahoma Oil Province)
One of the most prolific unconventional plays in the country, producing oil and natural gas liquids from the Woodford Shale. High initial production rates and strong long-term economics make SCOOP a cornerstone of our drilling programs.
STACK (Sooner Trend Anadarko Canadian Kingfisher)
A multi-zone play producing from the Meramec and Woodford formations. Stacked pay zones allow multiple wells per spacing unit, maximizing acreage value and giving investors exposure to multiple productive intervals.
Anadarko Basin
One of the deepest and most productive sedimentary basins in North America. Rich in both oil and natural gas with over a century of conventional and unconventional production history. Established infrastructure and a skilled local workforce reduce operational costs.
Why Oklahoma for Oil and Gas
Oklahoma offers a combination of geological advantages, regulatory stability, and operational infrastructure that few states can match. Here's why we chose to build our company here — and why it matters for investors.
Proven Geology
Decades of production data across SCOOP, STACK, and the Anadarko Basin provide reliable subsurface models and reduce drilling risk.
Established Infrastructure
Pipelines, gathering systems, processing plants, and service providers are well-established, reducing time to first production and lowering operating costs.
Pro-Development Regulation
Oklahoma's regulatory framework supports responsible oil and gas development with clear permitting processes and reasonable timelines.
Skilled Workforce
Oklahoma City, Tulsa, and the surrounding region have one of the highest concentrations of oil and gas professionals in the country.
Tax Benefits
Federal tax incentives including IDC deductions, depletion allowances, and active income treatment apply to all Oklahoma oil well investments.
Local Expertise
Being headquartered in Oklahoma gives BassEXP direct access to formation data, industry relationships, and regulatory knowledge that out-of-state operators lack.
How BassEXP Operates
We manage every phase of the oil well lifecycle — from prospect identification and leasing through drilling, completion, production, and ongoing operations. Our investors receive full visibility into each step.
Prospect Selection
We identify drilling targets using 3D seismic data, offset well analysis, and decades of local geological knowledge. We only pursue prospects with strong economic profiles in proven formations.
Investor Partnership
Qualified investors review detailed prospect packages with full cost breakdowns, geological analysis, production projections, and risk disclosures. The Bass family invests in every well alongside our partners.
Drilling & Completion
We manage drilling operations with experienced crews and proven completion techniques tailored to each formation. Real-time updates keep investors informed throughout the process.
Production & Distributions
Once a well comes online, investors receive monthly production reports and revenue distributions based on their working interest, net of operating expenses and royalties.
Ongoing Operations
We manage well maintenance, production optimization, and regulatory compliance for the life of the well. Our goal is maximizing long-term recovery and investor returns.
What Sets BassEXP Apart
Co-Investment
The Bass family puts our own capital into every well we drill. We succeed when our investors succeed — that alignment is non-negotiable.
Transparency
Full cost breakdowns, geological reports, monthly production data, and direct access to our team. We don't operate black boxes.
Oklahoma Focus
We specialize in Oklahoma formations. That focus means deeper expertise, stronger local relationships, and better execution than operators spread across multiple states.
Investor Education
We publish guides, tools, and resources to help investors understand oil and gas. An informed investor is a better partner.
Learn More About BassEXP
Explore our current drilling projects, learn about investing in Oklahoma oil wells, or contact our team to discuss partnership opportunities.
Estimate Returns on Oklahoma Wells
Model potential returns on Oklahoma drilling projects based on production rates, commodity prices, and your working interest.
Well ROI EstimatorWritten 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.
