WEST UNIT
WEST UNIT is a Texas oil lease in Cooke County, Railroad Commission district 09, operated by Taylor & Smith. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 37,159 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 $133K, with roughly $26K 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 29 barrels a month, about 14 per wellbore. Its strongest month on the record we hold was August 2023, at 92 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 UNIT
- Who operates WEST UNIT?
- WEST UNIT is operated by Taylor & Smith, Railroad Commission of Texas operator number 839580.
- Where is WEST UNIT?
- WEST UNIT is a Texas oil lease in Cooke County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 13554.
- Is WEST UNIT still producing?
- WEST UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEST UNIT is August 2026.
- How much has WEST UNIT produced?
- WEST UNIT has reported 37,159 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is WEST UNIT worth?
- The remaining production from WEST UNIT is estimated to be worth about $133K in total as of 26 August 2026, within a range of $73K to $193K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEST UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WEST UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEST UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WEST UNIT generate in a year?
- WEST UNIT is forecast to net about $26K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WEST UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Taylor & Smith |
|---|---|
| Field | Cooke County Regular |
| County | Cooke County, Texas |
| RRC district | 09 |
| Lease number | 13554 |
| Wellbores | 2 |
| Reported production | 37,159 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $133K |
Where WEST UNIT 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.