WEST, M. UNIT OL
WEST, M. UNIT OL is a Texas gas lease in Fayette County, Railroad Commission district 03, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from March 1995 to August 2026, totalling 2,513,916 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 $130K, with roughly $23K 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 878 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 17,589 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 WEST, M. UNIT OL
- Who operates WEST, M. UNIT OL?
- WEST, M. UNIT OL is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is WEST, M. UNIT OL?
- WEST, M. UNIT OL is a Texas gas lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 153970.
- Is WEST, M. UNIT OL still producing?
- WEST, M. UNIT OL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEST, M. UNIT OL is August 2026.
- How much has WEST, M. UNIT OL produced?
- WEST, M. UNIT OL has reported 2,513,916 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between March 1995 and August 2026, from 1 wellbore.
- How much is WEST, M. UNIT OL worth?
- The remaining production from WEST, M. UNIT OL is estimated to be worth about $130K in total as of 26 August 2026, within a range of $102K to $159K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEST, M. UNIT OL is a fraction of it. The estimate fits an Arps decline curve to the production WEST, M. UNIT OL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEST, M. UNIT OL is an estimate of value, not an offer and not an appraisal.
- How much income does WEST, M. UNIT OL generate in a year?
- WEST, M. UNIT OL is forecast to net about $23K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WEST, M. UNIT OL 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 | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 153970 |
| Wellbores | 1 |
| Reported production | 2,513,916 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $130K |
Where WEST, M. UNIT OL 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.