WOODY, J. E.
WOODY, J. E. is a Texas gas lease in Parker County, Railroad Commission district 09, operated by Devon Energy Production Co, L.P. It has 1 wellbore on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 1,700,811 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 $460K, with roughly $70K 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 3,579 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 6,400 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 WOODY, J. E.
- Who operates WOODY, J. E.?
- WOODY, J. E. is operated by Devon Energy Production Co, L.P., Railroad Commission of Texas operator number 216378.
- Where is WOODY, J. E.?
- WOODY, J. E. is a Texas gas lease in Parker County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 244540.
- Is WOODY, J. E. still producing?
- WOODY, J. E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WOODY, J. E. is August 2026.
- How much has WOODY, J. E. produced?
- WOODY, J. E. has reported 1,700,811 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2008 and August 2026, from 1 wellbore.
- How much is WOODY, J. E. worth?
- The remaining production from WOODY, J. E. is estimated to be worth about $460K in total as of 26 August 2026, within a range of $382K to $538K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WOODY, J. E. is a fraction of it. The estimate fits an Arps decline curve to the production WOODY, J. E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WOODY, J. E. is an estimate of value, not an offer and not an appraisal.
- How much income does WOODY, J. E. generate in a year?
- WOODY, J. E. is forecast to net about $70K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WOODY, J. E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Devon Energy Production Co, L.P. |
|---|---|
| Field | Boonsville (Bend Congl., Gas) |
| County | Parker County, Texas |
| RRC district | 09 |
| Lease number | 244540 |
| Wellbores | 1 |
| Reported production | 1,700,811 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $460K |
Where WOODY, J. E. 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.