WESTWAY 2122
WESTWAY 2122 is a Texas gas lease in Reeves County, Railroad Commission district 08, operated by U.S. Energy Development Corp. It has 1 wellbore on file with the Commission. Reported production runs from June 2024 to August 2026, totalling 530,206 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 $79K, with roughly $73K 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 3,944 thousand cubic feet a month. Its strongest month on the record we hold was August 2024, at 96,248 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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 WESTWAY 2122
- Who operates WESTWAY 2122?
- WESTWAY 2122 is operated by U.S. Energy Development Corp, Railroad Commission of Texas operator number 875462.
- Where is WESTWAY 2122?
- WESTWAY 2122 is a Texas gas lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 299300.
- Is WESTWAY 2122 still producing?
- WESTWAY 2122 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WESTWAY 2122 is August 2026.
- How much has WESTWAY 2122 produced?
- WESTWAY 2122 has reported 530,206 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2024 and August 2026, from 1 wellbore.
- How much is WESTWAY 2122 worth?
- The remaining production from WESTWAY 2122 is estimated to be worth about $79K in total as of 26 August 2026, within a range of $66K to $93K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WESTWAY 2122 is a fraction of it. The estimate fits an Arps decline curve to the production WESTWAY 2122 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WESTWAY 2122 is an estimate of value, not an offer and not an appraisal.
- How much income does WESTWAY 2122 generate in a year?
- WESTWAY 2122 is forecast to net about $73K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WESTWAY 2122 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | U.S. Energy Development Corp |
|---|---|
| Field | Phantom (Wolfcamp) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 299300 |
| Wellbores | 1 |
| Reported production | 530,206 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $79K |
Where WESTWAY 2122 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.