JAMES WOOD UNIT
JAMES WOOD UNIT is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Williams, Clayton Energy, Inc. It has 2 wellbores on file with the Commission. Reported production runs from January 1995 to August 2026, totalling 306,645 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 $235K, with roughly $45K 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 59 barrels a month, about 30 per wellbore. Its strongest month on the record we hold was December 2016, at 367 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 JAMES WOOD UNIT
- Who operates JAMES WOOD UNIT?
- JAMES WOOD UNIT is operated by Williams, Clayton Energy, Inc., Railroad Commission of Texas operator number 924624.
- Where is JAMES WOOD UNIT?
- JAMES WOOD UNIT is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22654.
- Is JAMES WOOD UNIT still producing?
- JAMES WOOD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for JAMES WOOD UNIT is August 2026.
- How much has JAMES WOOD UNIT produced?
- JAMES WOOD UNIT has reported 306,645 barrels of oil (bbl) to the Railroad Commission of Texas between January 1995 and August 2026, from 2 wellbores.
- How much is JAMES WOOD UNIT worth?
- The remaining production from JAMES WOOD UNIT is estimated to be worth about $235K in total as of 26 August 2026, within a range of $129K to $341K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in JAMES WOOD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production JAMES WOOD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for JAMES WOOD UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does JAMES WOOD UNIT generate in a year?
- JAMES WOOD UNIT is forecast to net about $45K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in JAMES WOOD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Williams, Clayton Energy, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 22654 |
| Wellbores | 2 |
| Reported production | 306,645 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $235K |
Where JAMES WOOD UNIT 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.