PANGEA WEST
PANGEA WEST is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Approach Operating LLC. It has 17 wellbores on file with the Commission. Reported production runs from April 2012 to August 2026, totalling 1,773,183 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 $12.4M, with roughly $3.9M 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 5,590 barrels a month, about 329 per wellbore. Its strongest month on the record we hold was October 2021, at 18,814 barrels. 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 PANGEA WEST
- Who operates PANGEA WEST?
- PANGEA WEST is operated by Approach Operating LLC, Railroad Commission of Texas operator number 028625.
- Where is PANGEA WEST?
- PANGEA WEST is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17780.
- Is PANGEA WEST still producing?
- PANGEA WEST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for PANGEA WEST is August 2026.
- How much has PANGEA WEST produced?
- PANGEA WEST has reported 1,773,183 barrels of oil (bbl) to the Railroad Commission of Texas between April 2012 and August 2026, from 17 wellbores.
- How much is PANGEA WEST worth?
- The remaining production from PANGEA WEST is estimated to be worth about $12.4M in total as of 27 August 2026, within a range of $10.3M to $14.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in PANGEA WEST is a fraction of it. The estimate fits an Arps decline curve to the production PANGEA WEST 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 is an estimate of value, not an offer and not an appraisal.
- How much income does PANGEA WEST generate in a year?
- PANGEA WEST is forecast to net about $3.9M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in PANGEA WEST 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 | 17780 |
| Wellbores | 17 |
| Reported production | 1,773,183 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $12.4M |
Where PANGEA WEST 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.