WOOD UNIT

WOOD UNIT is a Texas gas lease in Starr County, Railroad Commission district 04, operated by Mortimer Production Company. It has 1 wellbore on file with the Commission. Reported production runs from June 2015 to August 2026, totalling 153,331 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 $71K, with roughly $11K 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 475 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 1,876 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% 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 WOOD UNIT

Who operates WOOD UNIT?
WOOD UNIT is operated by Mortimer Production Company, Railroad Commission of Texas operator number 589954.
Where is WOOD UNIT?
WOOD UNIT is a Texas gas lease in Starr County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 279335.
Is WOOD UNIT still producing?
WOOD UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WOOD UNIT is August 2026.
How much has WOOD UNIT produced?
WOOD UNIT has reported 153,331 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between June 2015 and August 2026, from 1 wellbore.
How much is WOOD UNIT worth?
The remaining production from WOOD UNIT is estimated to be worth about $71K in total as of 26 August 2026, within a range of $56K to $87K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WOOD UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WOOD UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WOOD UNIT is an estimate of value, not an offer and not an appraisal.
How much income does WOOD UNIT generate in a year?
WOOD UNIT is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WOOD UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

WOOD UNIT as filed with the Railroad Commission of Texas
OperatorMortimer Production Company
FieldGregg Wood, W. (5530)
CountyStarr County, Texas
RRC district04
Lease number279335
Wellbores1
Reported production153,331 mcf
First reported
Last reported
Estimated royalty value$71K

Where WOOD UNIT 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.