WEST BAY
WEST BAY is a Texas gas lease in Panola County, Railroad Commission district 06, operated by Ark-La-Tex Energy, L.L.C. It has 1 wellbore on file with the Commission. Reported production runs from June 2005 to August 2026, totalling 910,532 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $70K, with roughly $14K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 514 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 1,775 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about WEST BAY
- Who operates WEST BAY?
- WEST BAY is operated by Ark-La-Tex Energy, L.L.C., Railroad Commission of Texas operator number 030584.
- Where is WEST BAY?
- WEST BAY is a Texas gas lease in Panola County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 213081.
- Is WEST BAY still producing?
- WEST BAY is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEST BAY is August 2026.
- How much has WEST BAY produced?
- WEST BAY has reported 910,532 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2005 and August 2026, from 1 wellbore.
- How much is WEST BAY worth?
- The remaining production from WEST BAY is estimated to be worth about $70K in total as of 27 August 2026, within a range of $54K to $85K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEST BAY is a fraction of it. The estimate fits an Arps decline curve to the production WEST BAY has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEST BAY is an estimate of value, not an offer and not an appraisal.
- How much income does WEST BAY generate in a year?
- WEST BAY is forecast to net about $14K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WEST BAY receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Ark-La-Tex Energy, L.L.C. |
|---|---|
| Field | Carthage (Cotton Valley) |
| County | Panola County, Texas |
| RRC district | 06 |
| Lease number | 213081 |
| Wellbores | 1 |
| Reported production | 910,532 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $70K |
Where WEST BAY sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.