WOODWARD
WOODWARD is a Texas oil lease in Young County, Railroad Commission district 09, operated by Swanner Properties. It has 4 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 37,513 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 $258K, with roughly $50K 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 61 barrels a month, about 15 per wellbore. Its strongest month on the record we hold was June 2018, at 146 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 WOODWARD
- Who operates WOODWARD?
- WOODWARD is operated by Swanner Properties, Railroad Commission of Texas operator number 831660.
- Where is WOODWARD?
- WOODWARD is a Texas oil lease in Young County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 19260.
- Is WOODWARD still producing?
- WOODWARD is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WOODWARD is August 2026.
- How much has WOODWARD produced?
- WOODWARD has reported 37,513 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 4 wellbores.
- How much is WOODWARD worth?
- The remaining production from WOODWARD is estimated to be worth about $258K in total as of 26 August 2026, within a range of $142K to $374K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WOODWARD is a fraction of it. The estimate fits an Arps decline curve to the production WOODWARD has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WOODWARD is an estimate of value, not an offer and not an appraisal.
- How much income does WOODWARD generate in a year?
- WOODWARD is forecast to net about $50K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WOODWARD receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Swanner Properties |
|---|---|
| Field | Sweeney (Conglomerate) |
| County | Young County, Texas |
| RRC district | 09 |
| Lease number | 19260 |
| Wellbores | 4 |
| Reported production | 37,513 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $258K |
Where WOODWARD 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.