Stephens County, Texas Oil & Gas Operators Directory (2026)

BASA Resources — The Dominant Operator

BASA Resources is the dominant Stephens County operator. They operate 17 of the top 25 producing units and 16 of the top 20 individual wells by Feb 2026 oil production.

Units operated by BASA include:

Curry Unit — 162 wells, oldest 1921, 12,116 bbl Feb 2026

Southeast Breckenridge Unit — 70 wells, 10,774 bbl

Eliasville (Caddo) Unit — 99 wells, 8,348 bbl

Caldwell-Breckenridge Unit — 43 wells, 7,329 bbl (home of the #1 individual well)

Ward, J.M. -C- — 110 wells, 6,968 bbl

East Eliasville (Caddo) Unit — 36 wells, 3,636 bbl

Black-Stoker (Caddo) Unit — 23 wells, 2,431 bbl

Plus Kennedy G.F., Carlisle James, Baber-Ackers, Parks J.W. -A-, Ward J.M. -B-, Black John, Southeast Ward, Ackers W.H. -A-, Ward E.C., Cook-Thompson

BASA’s 2014-2018 directional drilling campaign added 4 of the top 10 individual wells in the county. This pattern — selective re-entries / re-drills into existing unit boundaries to access deeper Caddo Disposal intervals — demonstrates active operator commitment to the asset base.

For mineral owners, the practical implication: BASA-operated interests are the most likely to have a clean monthly royalty stream, accurate suspense tracking, and a responsive land department. Default valuation assumption is "stable, low-decline, long-life."

PETEX

PETEX is the second-largest operator by unit count, holding 5 positions:

Stevenson-Jones Unit — 33 wells, 3,073 bbl Feb 2026

Ranger — 6 wells, 770 bbl (newer unit, 2014-2017 wells)

Curry, O. -B- — 7 wells, 756 bbl

Jones Unit — 5 wells, 732 bbl

East Green -H- — Green field, 1 well, 634 bbl

Smaller Operators (Single-Lease Positions)

Texian Operating Company LLC — Atkins, A. A. lease (25 wells, 1,457 bbl Feb 2026)

Post Oak Operating — Veale, A. S. lease (6 wells, 1,164 bbl)

SB Street Operating — Sittin’ Duck (1 well in Crystal Falls field, Mississippian-target outlier, 761 bbl)

Selling Stephens County Mineral Rights Operated by Any of These Companies

Whether your mineral interest is operated by BASA Resources, PETEX, or one of the smaller operators, Buckhead Energy can provide a free written offer within 48 hours. Out-of-state owners are common; we handle chain-of-title research and operator land-department coordination remotely.

Stephens County Mineral Rights Hub

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