STATE WOODERSON L 1223-14
STATE WOODERSON L 1223-14 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by De Iv Operating, Llc. It has 2 wellbores on file with the Commission. Reported production runs from May 2023 to August 2026, totalling 545,877 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $196K, with roughly $81K expected over the next twelve months.
| Operator | De Iv Operating, Llc |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Reagan County, Texas |
| RRC district | 7C |
| Lease number | 22208 |
| Wellbores | 2 |
| Reported production | 545,877 bbl |
| First reported | May 2023 |
| Last reported | August 2026 |
| Estimated royalty value | $196K |
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.