WEST
WEST is a Texas oil lease in Crockett County, Railroad Commission district 7C, operated by Approach Operating LLC. It has 6 wellbores on file with the Commission. Reported production runs from September 2010 to August 2026, totalling 47,110 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 $561K, with roughly $83K 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 36 barrels a month, about 6 per wellbore. Its strongest month on the record we hold was September 2019, at 254 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
- Who operates WEST?
- WEST is operated by Approach Operating LLC, Railroad Commission of Texas operator number 028625.
- Where is WEST?
- WEST is a Texas oil lease in Crockett County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 17257.
- Is WEST still producing?
- WEST is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEST is August 2026.
- How much has WEST produced?
- WEST has reported 47,110 barrels of oil (bbl) to the Railroad Commission of Texas between September 2010 and August 2026, from 6 wellbores.
- How much is WEST worth?
- The remaining production from WEST is estimated to be worth about $561K in total as of 27 August 2026, within a range of $309K to $814K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEST is a fraction of it. The estimate fits an Arps decline curve to the production WEST has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEST is an estimate of value, not an offer and not an appraisal.
- How much income does WEST generate in a year?
- WEST is forecast to net about $83K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in 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 | 17257 |
| Wellbores | 6 |
| Reported production | 47,110 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $561K |
Where 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.