A Caddo waterflood unit near Eliasville, Texas — operated by BASA Resources, with a modern directional re-entry program layered onto the original waterflood.
Quick answer
County: Stephens County, Texas
Field: Stephens County Regular (RRC catch-all)
Producing formation: Caddo Limestone (Pennsylvanian)
Operator: BASA Resources
Recovery method: waterflood (with selective Caddo Disposal directional re-entries)
The Eliasville (Caddo) Unit is one of Stephens County’s established producing units and one of the more active re-entry targets in BASA Resources’ directional drilling program, which re-entered the Caddo Disposal interval with directional wellbores alongside the unit’s older vertical wells. For county-level context, see the Stephens County activity profile and the Stephens County production distribution, which show aggregates only.
The directional re-entry campaign demonstrates active operator investment — a positive signal for mineral owners on this unit. The original unit was formed in the late 1970s, consolidating interests from older Caddo leases.
Mineral interests in the Eliasville (Caddo) Unit typically take one of these forms:
Producing royalty interest — your tract’s contribution to the unit’s monthly revenue, paid by the operator
Non-producing mineral interest — fee mineral ownership in a tract currently outside active producing zones
Overriding royalty interest (ORRI) — royalty carved out of a working interest
Non-participating royalty interest (NPRI) — royalty interest with no leasing or development rights
Many Eliasville (Caddo) Unit interests trace their original lease bonus payment to the 1917-1925 Breckenridge oil boom era, with current ownership typically having passed through 3-5 generations of heirs.
Buckhead Energy buys mineral rights and royalty interests on the Eliasville (Caddo) Unit. Out-of-state owners are common — we handle the entire process remotely with free written offers, deed signed before a notary in your state, and payment typically made by check after the deed is recorded.
Buckhead provides a free written offer. Our offer comes at no cost and no obligation.
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