WEST
WEST is a Texas oil lease in Leon County, Railroad Commission district 05, operated by Barrow-Shaver Resources Co. It has 1 wellbore on file with the Commission. Reported production runs from December 2006 to August 2026, totalling 60,902 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 $102K, with roughly $20K 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 25 barrels a month. Its strongest month on the record we hold was July 2018, at 176 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 Barrow-Shaver Resources Co., Railroad Commission of Texas operator number 053321.
- Where is WEST?
- WEST is a Texas oil lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 03843.
- 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 60,902 barrels of oil (bbl) to the Railroad Commission of Texas between December 2006 and August 2026, from 1 wellbore.
- How much is WEST worth?
- The remaining production from WEST is estimated to be worth about $102K in total as of 26 August 2026, within a range of $56K to $147K. 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 $20K across the whole undivided lease over the twelve months following 26 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 | Barrow-Shaver Resources Co. |
|---|---|
| Field | Red Oak (Dexter) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 03843 |
| Wellbores | 1 |
| Reported production | 60,902 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $102K |
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.