WEST
WEST is a Texas gas lease in Wheeler County, Railroad Commission district 10, operated by Chesapeake Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2010 to August 2026, totalling 3,689,355 thousand cubic feet. The lease is intermittent. 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 $531K, with roughly $78K 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 919 thousand cubic feet a month. Its strongest month on the record we hold was January 2017, at 15,250 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
- Who operates WEST?
- WEST is operated by Chesapeake Operating, Inc., Railroad Commission of Texas operator number 147715.
- Where is WEST?
- WEST is a Texas gas lease in Wheeler County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 259614.
- Is WEST still producing?
- WEST is intermittent. 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 3,689,355 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2010 and August 2026, from 1 wellbore.
- How much is WEST worth?
- The remaining production from WEST is estimated to be worth about $531K in total as of 26 August 2026, within a range of $414K to $648K. 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 $78K 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 | Chesapeake Operating, Inc. |
|---|---|
| Field | B & B (Granite Wash) |
| County | Wheeler County, Texas |
| RRC district | 10 |
| Lease number | 259614 |
| Wellbores | 1 |
| Reported production | 3,689,355 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $531K |
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.