WOODS

WOODS is a Texas gas lease in Johnson County, Railroad Commission district 09, operated by Sundance Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2006 to August 2026, totalling 1,513,628 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 $155K, with roughly $41K 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 2,193 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 5,213 thousand cubic feet. 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 WOODS

Who operates WOODS?
WOODS is operated by Sundance Resources, Inc., Railroad Commission of Texas operator number 829469.
Where is WOODS?
WOODS is a Texas gas lease in Johnson County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 220867.
Is WOODS still producing?
WOODS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WOODS is August 2026.
How much has WOODS produced?
WOODS has reported 1,513,628 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 2006 and August 2026, from 1 wellbore.
How much is WOODS worth?
The remaining production from WOODS is estimated to be worth about $155K in total as of 26 August 2026, within a range of $128K to $181K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WOODS is a fraction of it. The estimate fits an Arps decline curve to the production WOODS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WOODS is an estimate of value, not an offer and not an appraisal.
How much income does WOODS generate in a year?
WOODS is forecast to net about $41K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WOODS receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

WOODS as filed with the Railroad Commission of Texas
OperatorSundance Resources, Inc.
FieldNewark, East (Barnett Shale)
CountyJohnson County, Texas
RRC district09
Lease number220867
Wellbores1
Reported production1,513,628 mcf
First reported
Last reported
Estimated royalty value$155K

Where WOODS 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.