WOODY, INEZ "C"
WOODY, INEZ "C" is a Texas oil lease in Martin County, Railroad Commission district 08, operated by Pioneer Natural Res. USA, Inc. It has 8 wellbores on file with the Commission. Reported production runs from January 2007 to August 2026, totalling 466,064 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 $4.5M, with roughly $940K 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 1,104 barrels a month, about 138 per wellbore. Its strongest month on the record we hold was May 2016, at 3,502 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 WOODY, INEZ "C"
- Who operates WOODY, INEZ "C"?
- WOODY, INEZ "C" is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is WOODY, INEZ "C"?
- WOODY, INEZ "C" is a Texas oil lease in Martin County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 38179.
- Is WOODY, INEZ "C" still producing?
- WOODY, INEZ "C" is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WOODY, INEZ "C" is August 2026.
- How much has WOODY, INEZ "C" produced?
- WOODY, INEZ "C" has reported 466,064 barrels of oil (bbl) to the Railroad Commission of Texas between January 2007 and August 2026, from 8 wellbores.
- How much is WOODY, INEZ "C" worth?
- The remaining production from WOODY, INEZ "C" is estimated to be worth about $4.5M in total as of 27 August 2026, within a range of $3.7M to $5.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WOODY, INEZ "C" is a fraction of it. The estimate fits an Arps decline curve to the production WOODY, INEZ "C" has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WOODY, INEZ "C" is an estimate of value, not an offer and not an appraisal.
- How much income does WOODY, INEZ "C" generate in a year?
- WOODY, INEZ "C" is forecast to net about $940K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WOODY, INEZ "C" receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Martin County, Texas |
| RRC district | 08 |
| Lease number | 38179 |
| Wellbores | 8 |
| Reported production | 466,064 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4.5M |
Where WOODY, INEZ "C" 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.