RED OAK (WOODBINE DEXTER) UNIT
RED OAK (WOODBINE DEXTER) UNIT is a Texas oil lease in Leon County, Railroad Commission district 05, operated by Xto Energy Inc. It has 31 wellbores on file with the Commission. Reported production runs from September 2011 to August 2026, totalling 1,594,028 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 $6.3M, with roughly $1.4M 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 2,027 barrels a month, about 65 per wellbore. Its strongest month on the record we hold was May 2016, at 10,412 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 RED OAK (WOODBINE DEXTER) UNIT
- Who operates RED OAK (WOODBINE DEXTER) UNIT?
- RED OAK (WOODBINE DEXTER) UNIT is operated by Xto Energy Inc., Railroad Commission of Texas operator number 945936.
- Where is RED OAK (WOODBINE DEXTER) UNIT?
- RED OAK (WOODBINE DEXTER) UNIT is a Texas oil lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 03966.
- Is RED OAK (WOODBINE DEXTER) UNIT still producing?
- RED OAK (WOODBINE DEXTER) UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RED OAK (WOODBINE DEXTER) UNIT is August 2026.
- How much has RED OAK (WOODBINE DEXTER) UNIT produced?
- RED OAK (WOODBINE DEXTER) UNIT has reported 1,594,028 barrels of oil (bbl) to the Railroad Commission of Texas between September 2011 and August 2026, from 31 wellbores.
- How much is RED OAK (WOODBINE DEXTER) UNIT worth?
- The remaining production from RED OAK (WOODBINE DEXTER) UNIT is estimated to be worth about $6.3M in total as of 27 August 2026, within a range of $5.3M to $7.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RED OAK (WOODBINE DEXTER) UNIT is a fraction of it. The estimate fits an Arps decline curve to the production RED OAK (WOODBINE DEXTER) UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RED OAK (WOODBINE DEXTER) UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does RED OAK (WOODBINE DEXTER) UNIT generate in a year?
- RED OAK (WOODBINE DEXTER) UNIT is forecast to net about $1.4M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RED OAK (WOODBINE DEXTER) UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Xto Energy Inc. |
|---|---|
| Field | Red Oak (Dexter) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 03966 |
| Wellbores | 31 |
| Reported production | 1,594,028 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $6.3M |
Where RED OAK (WOODBINE DEXTER) 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.