WOODARD
WOODARD is a Texas gas lease in Young County, Railroad Commission district 09, operated by Oilwell Operators, Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 288,834 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 $86K, with roughly $13K 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 563 thousand cubic feet a month. Its strongest month on the record we hold was March 2022, at 1,120 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 WOODARD
- Who operates WOODARD?
- WOODARD is operated by Oilwell Operators, Inc., Railroad Commission of Texas operator number 621040.
- Where is WOODARD?
- WOODARD is a Texas gas lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 089763.
- Is WOODARD still producing?
- WOODARD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WOODARD is August 2026.
- How much has WOODARD produced?
- WOODARD has reported 288,834 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is WOODARD worth?
- The remaining production from WOODARD is estimated to be worth about $86K in total as of 26 August 2026, within a range of $67K to $105K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WOODARD is a fraction of it. The estimate fits an Arps decline curve to the production WOODARD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WOODARD is an estimate of value, not an offer and not an appraisal.
- How much income does WOODARD generate in a year?
- WOODARD is forecast to net about $13K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WOODARD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Oilwell Operators, Inc. |
|---|---|
| Field | Cree (4700 Conglomerate) |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 089763 |
| Wellbores | 1 |
| Reported production | 288,834 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $86K |
Where WOODARD 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.