WOODS 213-216 ALLOC 15
WOODS 213-216 ALLOC 15 is a Texas oil lease in Irion County, Railroad Commission district 7C, operated by Sable Permian Resources, LLC. It has 1 wellbore on file with the Commission. Reported production runs from March 2020 to August 2026, totalling 33,240 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 $470K, with roughly $75K 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 85 barrels a month. Its strongest month on the record we hold was March 2020, at 1,290 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 WOODS 213-216 ALLOC 15
- Who operates WOODS 213-216 ALLOC 15?
- WOODS 213-216 ALLOC 15 is operated by Sable Permian Resources, LLC, Railroad Commission of Texas operator number 742251.
- Where is WOODS 213-216 ALLOC 15?
- WOODS 213-216 ALLOC 15 is a Texas oil lease in Irion County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 20856.
- Is WOODS 213-216 ALLOC 15 still producing?
- WOODS 213-216 ALLOC 15 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WOODS 213-216 ALLOC 15 is August 2026.
- How much has WOODS 213-216 ALLOC 15 produced?
- WOODS 213-216 ALLOC 15 has reported 33,240 barrels of oil (bbl) to the Railroad Commission of Texas between March 2020 and August 2026, from 1 wellbore.
- How much is WOODS 213-216 ALLOC 15 worth?
- The remaining production from WOODS 213-216 ALLOC 15 is estimated to be worth about $470K in total as of 27 August 2026, within a range of $259K to $682K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WOODS 213-216 ALLOC 15 is a fraction of it. The estimate fits an Arps decline curve to the production WOODS 213-216 ALLOC 15 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WOODS 213-216 ALLOC 15 is an estimate of value, not an offer and not an appraisal.
- How much income does WOODS 213-216 ALLOC 15 generate in a year?
- WOODS 213-216 ALLOC 15 is forecast to net about $75K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WOODS 213-216 ALLOC 15 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sable Permian Resources, LLC |
|---|---|
| Field | Spraberry (Trend Area) R 40 Exc |
| County | Irion County, Texas |
| RRC district | 7C |
| Lease number | 20856 |
| Wellbores | 1 |
| Reported production | 33,240 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $470K |
Where WOODS 213-216 ALLOC 15 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.