STATE WOODERSON N 1223-14

STATE WOODERSON N 1223-14 is a Texas oil lease in Reagan County, Railroad Commission district 7C, operated by De Iv Operating, Llc. It has 1 wellbore on file with the Commission. Reported production runs from May 2023 to August 2026, totalling 317,053 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 $85K, with roughly $40K expected over the next twelve months.

OperatorDe Iv Operating, Llc
FieldSpraberry (Trend Area)
CountyReagan County, Texas
RRC district7C
Lease number22209
Wellbores1
Reported production317,053 bbl
First reportedMay 2023
Last reportedAugust 2026
Estimated royalty value$85K

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.