Preheat the oven to 350 degrees F.
Combine the cream cheese, Parmesan, crabmeat, salt, pepper, garlic powder, shallot, bacon, and basil.
Place the oysters on a baking sheet and spoon the mixture onto the oysters in the half shell, putting a generous rounded mound of topping on each.
Bake for 7 to 10 minutes until the topping is bubbly and browned. Serve immediately.