Bass Energy & Exploration

ONG Report: U.S. Pressures Russian Oil as Cushing and Global LNG Markets Tighten

Q: How do I start investing in oil and gas?

Start by confirming your accredited investor status, then review a project's AFE (Authorization for Expenditure) and geological data. Once you find a program that fits your investment goals and risk tolerance, you subscribe and sign a Joint Operating Agreement that spells out your rights, responsibilities, and revenue share. BassEXP walks every new investor through the process step by step.

Q: Why invest in oil and gas exploration?

Direct participation gives you ownership of a tangible, domestic energy asset with the potential for attractive after-tax cash flow. Unlike stocks or bonds, you benefit from substantial first-year tax deductions while building a position in an asset class that has historically provided a hedge against inflation. Modern geology and focused basins help manage downside risk.

Q: What are the tax benefits of investing in oil and gas?

Three primary benefits drive after-tax returns. Intangible Drilling Costs (IDCs) let you deduct 60-85% of well costs in the year you invest. Tangible equipment is depreciated on 5- to 7-year MACRS schedules. And the 15% depletion allowance shelters a portion of production income for the life of the well. Together, these can offset a significant share of your initial investment on your tax return.

Q: Is oil and gas a good investment?

For accredited investors looking for real-asset exposure, cash flow potential, and tax efficiency, oil and gas can be a strong addition to a diversified portfolio. Like any investment, it carries risk, including geological uncertainty, commodity price swings, and operational factors. The key is working with an experienced operator who drills in proven formations and is transparent about both the opportunity and the risks.

Q: Who can participate and how is suitability determined?

Direct participation programs are offered to accredited investors as defined by the SEC. That means annual income above $200,000 ($300,000 jointly) for the past two years, or a net worth exceeding $1 million excluding your primary residence. A brief suitability questionnaire confirms your status before project documents are provided. This requirement exists to protect investors.

Is a Direct Participation Oil & Gas Investment Right for You?

We’ll send you an application, takes one minute to apply.

We invest alongside you

Investor Tool

Live Market Data

Track crude oil prices, natural gas prices, and active rig counts in real time.

View Prices→

July 3, 2025

The U.S. targets Russian oil with a 500% tariff as Iran talks hint at new supply. Get the latest on tightening Cushing hub stockpiles and Europe's dominance in the global LNG market.

ONG Report: U.S. Pressures Russian Oil as Cushing and Global LNG Markets Tighten

Live Oil & Gas Market Data

Track crude oil prices, natural gas prices, and active rig counts with real-time market data.

View Prices & Rig Count

← Back to All Reports

ONG Report: U.S. Pressures Russian Oil as Cushing and Global LNG Markets Tighten

Is a Direct Participation Oil & Gas Investment Right for You?

Frequently Asked Questions

Investor's Guide to Oil & Gas Investing

Get the Latest from Bass Exploration