WOODWARD TRUST

Name: WOODWARD TRUST lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by SAGUARO PETROLEUM, LLC (P-5 743325) in the STRAWN, NW. (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26357District 7BField 86577200OilCasinghead gasSave Export

Value, all time

$530 k

Jan 1993 – Jun 2017

Value, last 12 filed months

$5 k

at the published price for each month

Months reported

294

no gaps in the span

Streams

oil, casinghead gas

The STRAWN, NW. (MARBLE FALLS) field

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 155 leases and 252 wells, and the rule below applies to all of them.

Discovered

1958-08-18

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1987-12-21.

The Commission's schedule remark for this field reads: “ALLOWABLES FOR WELLS IN THIS FIELD (DAMEKI NYERI).”

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.

Stream	Basis	Volume	Value
Oil	Disposition	7,566 bbl	$164,352
Casinghead gas	Production	125,825 Mcf	$365,590
Total			$529,943

22,204 Mcf of this lease's gas, across 45 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.6162, -98.4691. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.61624, -98.46912 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

0.0%

0 of 1 wells

Median depth

3,840 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

1100.0%

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.

00.0%

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 3,840 ft.

Completions filed

Aug 1991

1 of 1 wells

1 well


42-36331964	2	3,840 ft	Aug 1991	—	Yes

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 (294)

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

294 months


Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	206	42.49	2.64	$545
Oct 2016	0	206	46.19	3.09	$637
Sep 2016	0	456	41.55	3.10	$1,414
Aug 2016	0	308	41.44	2.92	$901
Jul 2016	0	435	41.62	2.92	$1,272
Jun 2016	0	181	45.35	2.69	$486
May 2016	0	222	42.52	1.99	$442
Apr 2016	0	249	36.56	1.99	$496
Mar 2016	0	235	33.01	1.79	$422
Feb 2016	0	301	26.47	2.06	$621
Jan 2016	0	341	27.35	2.36	$806
Dec 2015	0	294	32.36	2.00	$588
Nov 2015	0	388	38.79	2.17	$841
Oct 2015	5	541	43.55	2.43	$1,531
Sep 2015	0	573	42.99	2.76	$1,581
Aug 2015	0	445	40.16	2.87	$1,278
Jul 2015	0	439	48.15	2.95	$1,293
Jun 2015	0	520	56.15	2.88	$1,499
May 2015	0	638	55.21	2.96	$1,886
Apr 2015	0	926	49.82	2.71	$2,506
Mar 2015	0	555	42.89	2.93	$1,629
Feb 2015	0	546	44.66	2.98	$1,625
Jan 2015	0	46	43.43	3.10	$143
Dec 2014	0	110	54.69	3.59	$395
Nov 2014	0	284	70.46	4.25	$1,208
Oct 2014	2	257	78.30	3.90	$1,159
Sep 2014	0	213	86.16	4.05	$862
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	36	96.56	4.18	$150
Jun 2014	0	537	98.16	4.74	$2,544
May 2014	0	699	94.73	4.73	$3,304
Apr 2014	0	616	95.94	4.81	$2,962
Mar 2014	0	1,346	95.89	5.06	$6,806
Feb 2014	0	607	97.40	6.19	$3,759
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	10	0	94.67	2.92	$947
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	0	80.84	3.80	$0
Oct 2010	0	0	78.10	3.51	$0
Sep 2010	0	0	72.63	3.98	$0
Aug 2010	0	0	73.68	4.42	$0
Jul 2010	0	0	72.55	4.74	$0
Jun 2010	0	0	70.36	4.91	$0
May 2010	0	0	71.12	4.24	$0
Apr 2010	0	0	81.69	4.12	$0
Mar 2010	0	0	78.39	4.39	$0
Feb 2010	0	0	73.58	5.44	$0
Jan 2010	0	0	74.36	5.96	$0
Dec 2009	0	0	71.44	5.48	$0
Nov 2009	0	0	74.59	3.75	$0
Oct 2009	0	0	72.54	4.11	$0
Sep 2009	0	0	65.54	3.06	$0
Aug 2009	0	0	67.42	3.22	$0
Jul 2009	0	0	61.13	3.46	$0
Jun 2009	0	0	66.16	3.90	$0
May 2009	0	0	54.74	3.93	$0
Apr 2009	0	0	46.77	3.59	$0
Mar 2009	0	0	42.14	4.06	$0
Feb 2009	0	0	32.81	4.63	$0
Jan 2009	0	0	35.86	5.37	$0
Dec 2008	0	0	37.10	5.98	$0
Nov 2008	0	0	55.49	6.86	$0
Oct 2008	0	0	75.24	6.92	$0
Sep 2008	0	0	101.76	7.88	$0
Aug 2008	0	0	114.22	8.48	$0
Jul 2008	0	0	131.08	11.39	$0
Jun 2008	7	0	131.33	13.03	$919
May 2008	0	0	123.17	11.57	$0
Apr 2008	0	0	110.31	10.45	$0
Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	26	0	54.90	6.01	$1,427
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	3	58.34	13.80	$41
Sep 2005	0	1	61.45	12.08	$12
Aug 2005	0	36	61.51	9.80	$353
Jul 2005	0	14	55.69	7.84	$110
Jun 2005	0	256	52.33	7.38	$1,890
May 2005	0	258	45.22	6.65	$1,716
Apr 2005	0	170	49.20	7.36	$1,251
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	145	153	43.16	6.32	$7,226
Dec 2004	0	115	39.86	6.75	$776
Nov 2004	0	298	45.28	6.33	$1,886
Oct 2004	0	137	49.70	6.52	$893
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	17	38.28	6.08	$103
Jun 2004	0	110	36.10	6.43	$708
May 2004	0	265	37.48	6.49	$1,721
Apr 2004	0	352	34.47	5.86	$2,062
Mar 2004	0	276	34.36	5.53	$1,526
Feb 2004	0	335	32.45	5.51	$1,846
Jan 2004	0	377	32.03	6.30	$2,375
Dec 2003	151	426	30.26	6.30	$7,254
Nov 2003	0	657	28.80	4.60	$3,019
Oct 2003	0	721	28.17	4.76	$3,432
Sep 2003	0	632	26.31	4.75	$3,002
Aug 2003	0	779	29.76	5.13	$3,996
Jul 2003	0	826	29.41	5.17	$4,271
Jun 2003	0	18	28.56	5.98	$108
May 2003	166	556	26.59	5.97	$7,735
Apr 2003	0	878	26.67	5.41	$4,748
Mar 2003	0	679	31.14	6.10	$4,139
Feb 2003	0	757	33.48	7.93	$6,000
Jan 2003	0	902	30.31	5.58	$5,035
Dec 2002	163	845	26.91	4.85	$8,488
Nov 2002	0	329	24.66	4.14	$1,361
Oct 2002	0	407	26.46	4.23	$1,721
Sep 2002	0	840	27.44	3.64	$3,054
Aug 2002	0	716	25.96	3.16	$2,266
Jul 2002	142	1,205	24.58	3.06	$7,180
Jun 2002	0	1,037	23.73	3.34	$3,462
May 2002	0	1,382	24.66	3.58	$4,953
Apr 2002	149	1,518	23.65	3.51	$8,856
Mar 2002	126	1,248	22.00	3.10	$6,644
Feb 2002	0	1,133	18.22	2.38	$2,692
Jan 2002	163	1,199	17.17	2.38	$5,647
Dec 2001	0	176	16.93	2.36	$416
Nov 2001	0	1,172	18.07	2.41	$2,819
Oct 2001	0	1,254	19.78	2.53	$3,171
Sep 2001	159	1,566	24.26	2.25	$7,383
Aug 2001	0	1,547	24.87	3.05	$4,723
Jul 2001	136	1,673	23.93	3.20	$8,603
Jun 2001	137	1,282	24.56	3.82	$8,267
May 2001	0	1,648	25.52	4.31	$7,098
Apr 2001	142	1,181	24.68	5.34	$9,806
Mar 2001	152	1,038	24.54	5.38	$9,311
Feb 2001	0	815	27.75	5.77	$4,700
Jan 2001	170	734	27.47	8.40	$10,835
Dec 2000	0	1,026	26.88	9.12	$9,360
Nov 2000	145	1,126	32.21	5.66	$11,041
Oct 2000	0	1,388	31.23	5.15	$7,142
Sep 2000	161	1,261	31.87	5.19	$11,671
Aug 2000	0	1,680	29.64	4.54	$7,628
Jul 2000	130	1,547	28.53	4.09	$10,036
Jun 2000	149	1,809	29.30	4.40	$12,320
May 2000	152	1,724	27.26	3.68	$10,487
Apr 2000	0	1,113	24.51	3.12	$3,468
Mar 2000	139	2,075	28.42	2.86	$9,884
Feb 2000	150	2,198	27.62	2.73	$10,136
Jan 2000	0	1,943	25.27	2.48	$4,820
Dec 1999	141	1,904	24.28	2.42	$8,038
Nov 1999	123	2,197	23.19	2.43	$8,200
Oct 1999	143	1,936	20.98	2.80	$8,428
Sep 1999	291	2,535	21.75	2.62	$12,968
Aug 1999	135	2,548	19.26	2.88	$9,927
Jul 1999	138	2,746	17.89	2.37	$8,983
Jun 1999	282	2,572	15.94	2.36	$10,570
May 1999	137	2,837	15.79	2.32	$8,748
Apr 1999	144	2,748	15.10	2.21	$8,242
Mar 1999	146	1,608	12.47	1.84	$4,777
Feb 1999	103	0	9.98	1.82	$1,028
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	0	16	9.20	1.77	$28
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	204	12.42	1.97	$402
Sep 1998	0	1,053	12.59	2.08	$2,193
Aug 1998	157	1,204	11.30	1.91	$4,071
Jul 1998	0	477	11.74	2.24	$1,067
Jun 1998	135	941	11.24	2.24	$3,623
May 1998	0	45	12.62	2.21	$99
Apr 1998	0	134	13.04	2.51	$336
Mar 1998	0	94	12.80	2.31	$217
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	133	14.70	2.15	$287
Dec 1997	0	964	16.32	2.41	$2,324
Nov 1997	142	1,073	18.19	3.09	$5,897
Oct 1997	0	483	19.25	3.15	$1,521
Sep 1997	0	20	17.74	2.95	$59
Aug 1997	0	299	17.86	2.55	$764
Jul 1997	0	218	17.58	2.25	$490
Jun 1997	0	501	17.24	2.26	$1,131
May 1997	158	399	18.97	2.31	$3,918
Apr 1997	0	230	17.88	2.08	$479
Mar 1997	0	537	18.95	1.94	$1,041
Feb 1997	0	808	20.49	2.21	$1,782
Jan 1997	139	562	23.48	3.54	$5,253
Dec 1996	0	867	23.32	—	$0
Nov 1996	0	287	21.97	—	$0
Oct 1996	140	678	23.31	—	$3,263
Sep 1996	0	574	22.22	—	$0
Aug 1996	0	355	20.26	—	$0
Jul 1996	0	60	19.55	—	$0
Jun 1996	0	0	18.73	—	$0
May 1996	0	509	19.43	—	$0
Apr 1996	240	1,694	21.51	—	$5,162
Mar 1996	0	477	19.38	—	$0
Feb 1996	129	203	16.98	—	$2,190
Jan 1996	0	798	17.07	—	$0
Dec 1995	133	377	17.19	—	$2,286
Nov 1995	0	196	16.00	—	$0
Oct 1995	0	20	15.43	—	$0
Sep 1995	0	261	16.18	—	$0
Aug 1995	0	679	15.92	—	$0
Jul 1995	0	228	15.24	—	$0
Jun 1995	0	0	16.41	—	$0
May 1995	0	334	17.56	—	$0
Apr 1995	89	284	17.73	—	$1,578
Mar 1995	0	135	16.44	—	$0
Feb 1995	0	887	16.58	—	$0
Jan 1995	0	486	15.92	—	$0
Dec 1994	0	0	15.03	—	$0
Nov 1994	145	776	15.90	—	$2,306
Oct 1994	0	1,287	15.58	—	$0
Sep 1994	167	2,117	15.29	—	$2,553
Aug 1994	135	1,778	16.13	—	$2,178
Jul 1994	0	930	17.56	—	$0
Jun 1994	97	330	17.09	—	$1,658
May 1994	0	1,261	15.88	—	$0
Apr 1994	94	1,046	14.14	—	$1,329
Mar 1994	0	1	12.46	—	$0
Feb 1994	370	1,424	12.50	—	$4,625
Jan 1994	0	79	12.66	—	$0
Dec 1993	0	171	12.33	—	$0
Nov 1993	0	4	14.49	—	$0
Oct 1993	0	1	15.85	—	$0
Sep 1993	0	28	15.03	—	$0
Aug 1993	0	32	15.66	—	$0
Jul 1993	0	84	15.46	—	$0
Jun 1993	69	98	16.79	—	$1,159
May 1993	0	74	17.68	—	$0
Apr 1993	0	56	18.05	—	$0
Mar 1993	0	94	18.14	—	$0
Feb 1993	67	90	17.90	—	$1,199
Jan 1993	0	54	16.93	—	$0

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.

Nov 2016 — as filed, then multipliedworked

Oil                    0 bbl  × $ 42.49 =         $0
Casinghead gas       206 Mcf  × $  2.64 =       $545

────────────────────────────────────────────────────
Month total                                     $545

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. 7B/O/26357 is the state's own key, not one this site invented.