Non-Operated Working Interests (NOWI)

Summary

NOWI Overview

What is a non-operated working interest?

A Non-Operated Working Interest is a direct ownership stake in an oil and gas project—entitling the investor to a share of production revenue without assuming control over operations.

As a non-operator, you’re a capital partner alongside the operator (the company responsible for drilling and managing the well).
You receive your pro-rata share of income from the sale of oil and gas, while the operator handles the technical, regulatory, and day-to-day responsibilities of development and production.
With NOWI, you gain real ownership in U.S. energy production—structured for simplicity, tax efficiency, and long-term upside.

Income

NOWI Overview

Passive income from active production

NOWI gives you a true working interest in a producing well—meaning you receive monthly or quarterly cash flow as oil and gas are sold.

No staff. No rigs. No overhead.
You’re not involved in operations, but you benefit from every barrel produced.

Taxes

NOWI Overview

Powerful tax advantages

NOWI investments are structured to take full advantage of oil and gas tax law. These benefits are exclusive to direct participation in domestic oil and gas—and unavailable in public energy stocks or funds.

Intangible Drilling Costs (IDCs): Deduct up to 100% of your investment in year one
Tangible Drilling Costs (TDCs): Depreciable over time or eligible for bonus depreciation
Depletion Allowance: 15% of production income is tax-free

Stability

NOWI Overview

De-risked access to top operators

As a non-operator, you’re not on the hook for day-to-day decisions—but you do benefit from the execution of seasoned professionals.

At Basin, we partner only with financially disciplined, technically strong operators who have proven track records in key basins.
Our role is to vet, negotiate, and manage each deal to align investor capital with performance—not speculation.

Operator Selection with Precision: We work only with operators who have demonstrated consistent performance, capital efficiency, and responsible well management across multiple cycles and basins.
Deal Structuring That Protects Investors: Every agreement is reviewed and negotiated to ensure clear rights, aligned incentives, and operational transparency—so you always know how your capital is working.
Ongoing Oversight and Optimization: From first spud to final payout, we actively monitor performance, flag issues early, and communicate clearly—because passive investment should never mean passive management.

work with us

Our Process

Institutional diligence. Investor-first design.

Basin’s project screening process is built to find reasons to say no. It’s how we protect investor capital, and how we maintain the track record our firm is known for. We leverage a multidisciplinary framework that spans Land, Legal, Geological, and Financial scrutiny.

Only the top fraction of deals make it past this gauntlet. And once capital is deployed, our team stays actively engaged—optimizing performance, overseeing reporting, and ensuring investor alignment from day one through distribution.

Title & Well Lease Analysis

Verifying ownership, lease terms, and surface rights to ensure legal and financial clarity.

Regulatory & Contract Review

Reviewing contracts, agreements, and compliance to protect investor interests and deal structure.

Subsurface & Reservoir Evaluation

Analyzing formation quality, spacing, and production potential using expert geological data.

Cash Flow & Risk Modeling

Forecasting returns, testing price scenarios, and identifying breakevens to guide investment decisions.

Own the production. Skip the operations.

Build passive income with tax advantages through direct ownership in U.S. energy.

Expert construction services that bring plans to life

What is a non-operated working interest?

Passive income from active production

Powerful tax advantages

De-risked access to top operators

Institutional diligence. Investor-first design.

Start earning monthly income now.

Deduct up to 100% of your investment the first year.