West Bay

Oil & Gas Property in Panola County, TX

  2. Texas
  3. Panola County, TX
  4. Oil & Gas Properties in Panola County, TX
  5. West Bay Oil & Gas Property

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Property Summary

Key data points for West Bay

CountyPanola County, TX
OperatorDIVERSIFIED PRODUCTION LLC
Production DatesOct 2003 - Jan 2026
Total Oil Production23,008 BBLs
Total Gas Production1,642,884 MCF
Recent Oil Production10 BBLs in Dec 2025
Recent Gas Production1,122 MCF in Dec 2025
Wells on Property2

Our Valuation Estimates for West Bay

ShaleAssessment™

$6,029 *

MarketMultiple™

$6,693 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

West Bay Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for West Bay
from Oct 2003 to Jan 2026

Wells on West Bay

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-365-35056WEST BAY 1DIVERSIFIED PRODUCTION LLCProducingPanola County, TX32.062016-94.500741
42-365-35666WEST BAY 2DIVERSIFIED PRODUCTION LLCProducingPanola County, TX32.064526-94.500799

Leases included in West Bay

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-197835WEST BAY 1DIVERSIFIED PRODUCTION LLCPanola County, TX
06-213081WEST BAY 2DIVERSIFIED PRODUCTION LLCPanola County, TX

Nearby Properties

These are the closest 20 properties to the West Bay property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Beckham-Mauritzen-Vera Davis 1HPanola County, TX280 BBLs19,996 MCFJan 2026
BrannonPanola County, TX0 BBLs398 MCFJan 2026
BurkPanola County, TX0 BBLs6,771 MCFJan 2026
CastleberryPanola County, TX377 BBLs39,949 MCFJan 2026
ChadwickPanola County, TX753 BBLs56,830 MCFJan 2026
DavisPanola County, TX0 BBLs9,605 MCFJan 2026
Davis S.L. Gas UnitPanola County, TX88 BBLs3,023 MCFJan 2026
Dillen CharlesPanola County, TX12 BBLs1,020 MCFJan 2026
FlemingPanola County, TX245 BBLs2,396 MCFJan 2026
Holder ClaudPanola County, TX79 BBLs2,082 MCFJan 2026
HollandPanola County, TX2 BBLs0 MCFJan 2026
JonesPanola County, TX0 BBLs1,441 MCFJan 2026
KeelingPanola County, TX156 BBLs2,069 MCFJan 2026
Mauritzen-Vera Davis-Beckham 1HPanola County, TX347 BBLs28,034 MCFJan 2026
Moss W.S. EstatePanola County, TX53 BBLs3,365 MCFJan 2026
Murvaul Gas UnitPanola County, TX367 BBLs255 MCFJan 2026
RitzPanola County, TX0 BBLs137 MCFJan 2026
ThorPanola County, TX0 BBLs115 MCFJan 2026
Thor/BlewPanola County, TX547 BBLs38,412 MCFJan 2026
Vera DavisPanola County, TX1,264 BBLs135,037 MCFJan 2026

Companies in the Area

These are the closest 20 companies operating near the West Bay property.

Company Name
Ac Exploration, LLC
Arco Oil & Gas Company
Basa Resources, Inc.
Buffco Production, Inc.
Chesapeake Operating, Inc.
Classic Oil & Gas, Inc.
CR2 Energy LLC
Diversified Production LLC
Grigsby Petroleum Inc.
Grigsby, Jack W.
MMGL East Texas III, LLC
Pedernales Petroleum Op, LLC
Phillips, Jack L. Co.
Rfe Operating, LLC
Rodessa Management, Inc.
Sojitz Energy Venture, Inc.
Strand Energy, L.C.
Tanos Exploration II, LLC
Tower Resources Inc
Wynn-Crosby Energy, Inc.

Owners of West Bay

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2025DIVERSIFIED PRODUCTION LLCWEST BAY #1DIVERSIFIED PROD LLC
2025DIVERSIFIED PRODUCTION LLCWEST BAY #2DIVERSIFIED PROD LLC
2025BOUDREAUX MICHAEL HWEST BAY #2DIVERSIFIED PROD LLC
2025KEELING BILLY RWEST BAY #2DIVERSIFIED PROD LLC
2025YOUNG JUDY HARRISWEST BAY #2DIVERSIFIED PROD LLC
2025LOVE SANDRA BROWNING FAMILY TRWEST BAY #2DIVERSIFIED PROD LLC
2025BROWNING JAMES H FAMILY TRUSTWEST BAY #2DIVERSIFIED PROD LLC
2025HICKMAN LINDAWEST BAY #2DIVERSIFIED PROD LLC
Displaying 8 of 29 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on West Bay

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-213081WEST BAY 2Aug 2025DIVERSIFIED PRODUCTION LLC
06-197835WEST BAY 1Aug 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-197835WEST BAY 1Aug 2025DIVERSIFIED PRODUCTION LLC
06-213081WEST BAY 2Aug 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-197835WEST BAY 1Jul 2025DIVERSIFIED PRODUCTION LLC
06-213081WEST BAY 2Jul 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-213081WEST BAY 2Jul 2025DIVERSIFIED PRODUCTION LLC
06-197835WEST BAY 1Jul 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-213081WEST BAY 2Jun 2025DIVERSIFIED PRODUCTION LLC
06-197835WEST BAY 1Jun 2025DIVERSIFIED PRODUCTION LLC
06-213081WEST BAY 2Jun 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-197835WEST BAY 1Jun 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-197835WEST BAY 1May 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-197835WEST BAY 1May 2025DIVERSIFIED PRODUCTION LLC
06-213081WEST BAY 2May 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-213081WEST BAY 2May 2025DIVERSIFIED PRODUCTION LLC
06-197835WEST BAY 1Apr 2025DIVERSIFIED PRODUCTION LLC
06-197835WEST BAY 1Apr 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-213081WEST BAY 2Apr 2025DIVERSIFIED PRODUCTION LLC
06-213081WEST BAY 2Apr 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-213081WEST BAY 2Mar 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-197835WEST BAY 1Mar 2025DIVERSIFIED PRODUCTION LLC
06-197835WEST BAY 1Mar 2025DIVERSIFIED PRODUCTION LLCDIVERSIFIED PRODUCTION LLC
06-213081WEST BAY 2Mar 2025DIVERSIFIED PRODUCTION LLC
06-213081WEST BAY 2Feb 2025DIVERSIFIED PRODUCTION LLC