WESTLANDS
WESTLANDS is a Texas gas lease in Brazos County, Railroad Commission district 03, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1995 to August 2026, totalling 2,405,259 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 $117K, with roughly $22K 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 762 thousand cubic feet a month. Its strongest month on the record we hold was May 2017, at 2,384 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 WESTLANDS
- Who operates WESTLANDS?
- WESTLANDS is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is WESTLANDS?
- WESTLANDS is a Texas gas lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 153402.
- Is WESTLANDS still producing?
- WESTLANDS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WESTLANDS is August 2026.
- How much has WESTLANDS produced?
- WESTLANDS has reported 2,405,259 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1995 and August 2026, from 1 wellbore.
- How much is WESTLANDS worth?
- The remaining production from WESTLANDS is estimated to be worth about $117K in total as of 26 August 2026, within a range of $91K to $142K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WESTLANDS is a fraction of it. The estimate fits an Arps decline curve to the production WESTLANDS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WESTLANDS is an estimate of value, not an offer and not an appraisal.
- How much income does WESTLANDS generate in a year?
- WESTLANDS is forecast to net about $22K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WESTLANDS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Chesapeake Operating, Inc. |
|---|---|
| Field | Giddings (Austin Chalk, Gas) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 153402 |
| Wellbores | 1 |
| Reported production | 2,405,259 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $117K |
Where WESTLANDS 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.