PANGEA WEST 66-57 AW
PANGEA WEST 66-57 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 March 2014 to August 2026, totalling 266,001 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 $2.7M, with roughly $569K 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 730 barrels a month, about 365 per wellbore. Its strongest month on the record we hold was November 2016, at 3,011 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 66-57 AW
- Who operates PANGEA WEST 66-57 AW?
- PANGEA WEST 66-57 AW is operated by Approach Operating LLC, Railroad Commission of Texas operator number 028625.
- Where is PANGEA WEST 66-57 AW?
- PANGEA WEST 66-57 AW is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18775.
- Is PANGEA WEST 66-57 AW still producing?
- PANGEA WEST 66-57 AW is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PANGEA WEST 66-57 AW is August 2026.
- How much has PANGEA WEST 66-57 AW produced?
- PANGEA WEST 66-57 AW has reported 266,001 barrels of oil (bbl) to the Railroad Commission of Texas between March 2014 and August 2026, from 2 wellbores.
- How much is PANGEA WEST 66-57 AW worth?
- The remaining production from PANGEA WEST 66-57 AW is estimated to be worth about $2.7M in total as of 26 August 2026, within a range of $2.1M to $3.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PANGEA WEST 66-57 AW is a fraction of it. The estimate fits an Arps decline curve to the production PANGEA WEST 66-57 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 66-57 AW is an estimate of value, not an offer and not an appraisal.
- How much income does PANGEA WEST 66-57 AW generate in a year?
- PANGEA WEST 66-57 AW is forecast to net about $569K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in PANGEA WEST 66-57 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 | 18775 |
| Wellbores | 2 |
| Reported production | 266,001 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.7M |
Where PANGEA WEST 66-57 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.