WEST "78"
WEST "78" is a Texas gas lease in Schleicher County, Railroad Commission district 7C, operated by Pogo Producing Company. It has 1 wellbore on file with the Commission. Reported production runs from August 2004 to August 2026, totalling 204,856 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 $14K, with roughly $2K 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 98 thousand cubic feet a month. Its strongest month on the record we hold was August 2016, at 534 thousand cubic feet. 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 "78"
- Who operates WEST "78"?
- WEST "78" is operated by Pogo Producing Company, Railroad Commission of Texas operator number 668900.
- Where is WEST "78"?
- WEST "78" is a Texas gas lease in Schleicher County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 206771.
- Is WEST "78" still producing?
- WEST "78" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WEST "78" is August 2026.
- How much has WEST "78" produced?
- WEST "78" has reported 204,856 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2004 and August 2026, from 1 wellbore.
- How much is WEST "78" worth?
- The remaining production from WEST "78" is estimated to be worth about $14K in total as of 26 August 2026, within a range of $8K to $21K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WEST "78" is a fraction of it. The estimate fits an Arps decline curve to the production WEST "78" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WEST "78" is an estimate of value, not an offer and not an appraisal.
- How much income does WEST "78" generate in a year?
- WEST "78" is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WEST "78" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pogo Producing Company |
|---|---|
| Field | Eldorado (Canyon) |
| County | Schleicher County, Texas |
| RRC district | 7C |
| Lease number | 206771 |
| Wellbores | 1 |
| Reported production | 204,856 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $14K |
Where WEST "78" 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.