PANGEA WEST AB AW
PANGEA WEST AB AW is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Approach Operating LLC. It has 2 wellbores on file with the Commission. Reported production runs from April 2014 to August 2026, totalling 173,821 barrels. 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 $1.3M, with roughly $319K 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 441 barrels a month, about 220 per wellbore. Its strongest month on the record we hold was November 2016, at 1,867 barrels. 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 PANGEA WEST AB AW
- Who operates PANGEA WEST AB AW?
- PANGEA WEST AB AW is operated by Approach Operating LLC, Railroad Commission of Texas operator number 028625.
- Where is PANGEA WEST AB AW?
- PANGEA WEST AB AW is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18716.
- Is PANGEA WEST AB AW still producing?
- PANGEA WEST AB AW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PANGEA WEST AB AW is August 2026.
- How much has PANGEA WEST AB AW produced?
- PANGEA WEST AB AW has reported 173,821 barrels of oil (bbl) to the Railroad Commission of Texas between April 2014 and August 2026, from 2 wellbores.
- How much is PANGEA WEST AB AW worth?
- The remaining production from PANGEA WEST AB AW is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $1.0M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PANGEA WEST AB AW is a fraction of it. The estimate fits an Arps decline curve to the production PANGEA WEST AB AW has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for PANGEA WEST AB AW is an estimate of value, not an offer and not an appraisal.
- How much income does PANGEA WEST AB AW generate in a year?
- PANGEA WEST AB AW is forecast to net about $319K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PANGEA WEST AB AW receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Approach Operating LLC |
|---|---|
| Field | Holt Ranch (Consolidated) |
| County | Crockett County, Texas |
| RRC district | 7C |
| Lease number | 18716 |
| Wellbores | 2 |
| Reported production | 173,821 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where PANGEA WEST AB AW 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.