WOODY (ALLOCATION)

Operated by REED EXPLORATION LLC (P-5 102257) in the FORT TRINIDAD, EAST (BUDA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27413District 03Field 32157071OilCasinghead gasSaveExport
Value, all time
$617 k
Mar 2018 – May 2026
Value, last 12 filed months
$131 k
at the published price for each month
Months reported
99
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 310 leases and 403 wells, and the rule below applies to all of them.

Discovered
1965-04-27
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-02-23.

The Commission's schedule remark for this field reads: DUE TO COMPUTER RESTRAINTS THE HIGHEST POSSIBLE TOP IS 3499

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition7,591 bbl$506,790
Casinghead gasProduction32,332 Mcf$110,253
Total$617,043

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.9049, -95.8975. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.90491, -95.89746 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,453 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,453 ft.

Completions filed
Mar 2018
1 of 1 wells

1 well

42-313313461H10,453 ftMar 2018

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (99)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

99 months

May 202676111106.413.05$8,425
Apr 20261708298.932.87$17,053
Mar 202618010989.753.15$16,498
Feb 202618017463.503.75$12,083
Jan 202628829959.138.00$19,421
Dec 20250056.664.41$0
Nov 2025101058.593.93$5,918
Oct 2025133059.383.30$7,898
Sep 2025160062.743.08$10,038
Aug 2025186063.933.01$11,891
Jul 20251702166.743.32$11,415
Jun 20251493766.483.13$10,021
May 2025150060.553.23$9,083
Apr 20250062.363.54$0
Mar 2025150067.704.27$10,155
Feb 2025155070.884.34$10,986
Jan 2025130074.324.28$9,662
Dec 2024263068.993.12$18,144
Nov 2024104069.052.20$7,181
Oct 20240071.372.28$0
Sep 2024184069.612.36$12,808
Aug 20241929675.632.06$14,719
Jul 202425310879.932.15$20,454
Jun 202418811578.082.63$14,982
May 2024177078.812.20$13,949
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023181072.852.39$13,186
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022120076.415.73$9,169
Nov 20220085.005.65$0
Oct 202207787.185.86$452
Sep 202208084.888.16$653
Aug 2022036194.529.13$3,295
Jul 20220369101.587.54$2,783
Jun 20220363115.097.98$2,896
May 20220310109.378.43$2,614
Apr 2022183359104.226.84$21,527
Mar 20220661108.885.08$3,356
Feb 2022053191.054.86$2,580
Jan 2022053081.844.54$2,405
Dec 2021060771.323.90$2,367
Nov 2021035077.435.24$1,833
Oct 2021064479.795.71$3,680
Sep 202119042469.865.35$15,542
Aug 2021047666.024.22$2,009
Jul 2021054170.783.98$2,154
Jun 2021052569.493.38$1,775
May 2021038563.483.02$1,162
Apr 2021063760.362.76$1,757
Mar 202117847961.302.72$12,213
Feb 2021053657.805.55$2,974
Jan 2021067450.412.81$1,894
Dec 202018657844.642.68$9,849
Nov 2020031238.772.71$844
Oct 2020052436.972.48$1,299
Sep 202017863037.091.99$7,856
Aug 2020045739.982.39$1,090
Jul 2020035338.371.83$644
Jun 2020080934.901.69$1,367
May 20200016.921.81$0
Apr 2020061314.751.80$1,106
Mar 2020075230.341.86$1,396
Feb 2020033949.881.98$671
Jan 202019068157.252.09$12,304
Dec 2019035559.012.30$818
Nov 201919133955.302.75$11,495
Oct 2019042953.472.42$1,038
Sep 2019054455.052.66$1,446
Aug 2019066153.112.30$1,523
Jul 2019083556.272.46$2,054
Jun 20196635152.782.49$4,358
May 201914068558.482.74$10,064
Apr 2019078862.632.75$2,168
Mar 2019092656.803.06$2,836
Feb 2019040850.852.79$1,139
Jan 201917420446.033.23$8,668
Dec 2018084846.594.19$3,549
Nov 2018032752.934.24$1,386
Oct 2018027561.443.40$934
Sep 2018031459.543.11$976
Aug 201801,28459.403.07$3,937
Jul 201818611965.142.93$12,465
Jun 201807760.183.08$237
May 201817649265.382.90$12,934
Apr 201838193463.842.90$27,032
Mar 20181,1324,01861.222.79$80,499

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Oil                   76 bbl  × $106.41 =     $8,087
Casinghead gas       111 Mcf  × $  3.05 =       $338

────────────────────────────────────────────────────
Month total                                   $8,425

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/O/27413 is the state's own key, not one this site invented.