NEUHOFF (BUDA-WOODBINE) UNIT
NEUHOFF (BUDA-WOODBINE) UNIT is a Texas oil lease in Wood County, Railroad Commission district 06, operated by Energy Production Corporation. It has 20 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 9,913,648 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 $14.0M, with roughly $3.0M 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 4,353 barrels a month, about 218 per wellbore. Its strongest month on the record we hold was March 2019, at 7,305 barrels. 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 NEUHOFF (BUDA-WOODBINE) UNIT
- Who operates NEUHOFF (BUDA-WOODBINE) UNIT?
- NEUHOFF (BUDA-WOODBINE) UNIT is operated by Energy Production Corporation, Railroad Commission of Texas operator number 251989.
- Where is NEUHOFF (BUDA-WOODBINE) UNIT?
- NEUHOFF (BUDA-WOODBINE) UNIT is a Texas oil lease in Wood County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 12179.
- Is NEUHOFF (BUDA-WOODBINE) UNIT still producing?
- NEUHOFF (BUDA-WOODBINE) UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for NEUHOFF (BUDA-WOODBINE) UNIT is August 2026.
- How much has NEUHOFF (BUDA-WOODBINE) UNIT produced?
- NEUHOFF (BUDA-WOODBINE) UNIT has reported 9,913,648 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 20 wellbores.
- How much is NEUHOFF (BUDA-WOODBINE) UNIT worth?
- The remaining production from NEUHOFF (BUDA-WOODBINE) UNIT is estimated to be worth about $14.0M in total as of 27 August 2026, within a range of $11.6M to $16.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in NEUHOFF (BUDA-WOODBINE) UNIT is a fraction of it. The estimate fits an Arps decline curve to the production NEUHOFF (BUDA-WOODBINE) UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for NEUHOFF (BUDA-WOODBINE) UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does NEUHOFF (BUDA-WOODBINE) UNIT generate in a year?
- NEUHOFF (BUDA-WOODBINE) UNIT is forecast to net about $3.0M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in NEUHOFF (BUDA-WOODBINE) UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Energy Production Corporation |
|---|---|
| Field | Neuhoff (Buda-Woodbine) |
| County | Wood County, Texas |
| RRC district | 06 |
| Lease number | 12179 |
| Wellbores | 20 |
| Reported production | 9,913,648 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $14.0M |
Where NEUHOFF (BUDA-WOODBINE) 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.