WOODS 212-217 ALLOC 02
WOODS 212-217 ALLOC 02 is a Texas gas lease in Irion County, Railroad Commission district 7C, operated by Permian Resources Operating, LLC. It has 1 wellbore on file with the Commission. Reported production runs from October 2024 to August 2026, totalling 565,755 thousand cubic feet. 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 $1.6M, with roughly $539K 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 25,262 thousand cubic feet a month. Its strongest month on the record we hold was March 2025, at 45,304 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 18% 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 WOODS 212-217 ALLOC 02
- Who operates WOODS 212-217 ALLOC 02?
- WOODS 212-217 ALLOC 02 is operated by Permian Resources Operating, LLC, Railroad Commission of Texas operator number 100852.
- Where is WOODS 212-217 ALLOC 02?
- WOODS 212-217 ALLOC 02 is a Texas gas lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 299287.
- Is WOODS 212-217 ALLOC 02 still producing?
- WOODS 212-217 ALLOC 02 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WOODS 212-217 ALLOC 02 is August 2026.
- How much has WOODS 212-217 ALLOC 02 produced?
- WOODS 212-217 ALLOC 02 has reported 565,755 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2024 and August 2026, from 1 wellbore.
- How much is WOODS 212-217 ALLOC 02 worth?
- The remaining production from WOODS 212-217 ALLOC 02 is estimated to be worth about $1.6M in total as of 27 August 2026, within a range of $1.3M to $1.9M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WOODS 212-217 ALLOC 02 is a fraction of it. The estimate fits an Arps decline curve to the production WOODS 212-217 ALLOC 02 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WOODS 212-217 ALLOC 02 is an estimate of value, not an offer and not an appraisal.
- How much income does WOODS 212-217 ALLOC 02 generate in a year?
- WOODS 212-217 ALLOC 02 is forecast to net about $539K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WOODS 212-217 ALLOC 02 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Permian Resources Operating, LLC |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 299287 |
| Wellbores | 1 |
| Reported production | 565,755 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.6M |
Where WOODS 212-217 ALLOC 02 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.