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Texas oil lease

Producing

WOODY 38G

Woody 38G is an oil lease in Martin County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

7,392bbl oil, last 12 months−24% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-50957

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
122,712 mcf
Oil in Jul 2026
680 bbl

Checks stopped on this lease?

  • Buyer

    Buyer changed: ET GATHERING & PROCESSING LLC replaced ETC NORTH PERMIAN MIDSTREAM LLC as the buyer of this lease's gas from oil wells on Mar 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Oil output fell 24% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 24% over the last 12 monthsMonthly oil production and gas for WOODY 38G, Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 7,392 bbl in the 12 months through Jul 2026, against 9,752 bbl in the 12 months before.Last 12 months: 7,392 bblbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 24% over the last 12 monthsMonthly oil production and gas for WOODY 38G, Aug 2023 to Jul 2026. Oil output fell 24% over the last 12 months. 7,392 bbl in the 12 months through Jul 2026, against 9,752 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005005,0001,00010k1,50015k2,00020kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

94% of the gas went to a processing plant in the last 12 months

Flaring peaked at 3.5% of the gas in Jan 2024.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
94% of the gas went to a processing plant in the last 12 monthsShare of WOODY 38G gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.5% of the gas in Jan 2024.Share of the lease’s gas by disposition code, per month0%50%100%Flared 3.5%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
94% of the gas went to a processing plant in the last 12 monthsShare of WOODY 38G gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a processing plant in the last 12 months. Flaring peaked at 3.5% of the gas in Jan 2024.Share of gas by disposition code0%50%100%Flared 3.5%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    94% · 114,808 mcf

  • Lease fuel (1)

    6.2% · 7,665 mcf

  • Flared (4)

    0.2% · 239 mcf

0.2% of the gas flared in the last 12 months. One month above 3%.

1 well on this lease

Wells on WOODY 38G
API numberWell no.Status
42-317-406747HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jan 1, 2022–
Et Gathering & Processing LLCCasinghead gasBuys100Mar 1, 2026–
Energy Transfer CompanyCasinghead gasGathers100Dec 1, 2024–
Etc North Permian Midstream LLCCasinghead gasBuys100Dec 1, 2024Mar 1, 2026
Wtg North Permian Midstream LLCCasinghead gasGathers100Jan 1, 2022Dec 1, 2024
Wtg North Permian Midstream LLCCasinghead gasBuys100Jan 1, 2022Dec 1, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Sep 30, 2018Jan 1, 2022
Wtg Gas Processing, L.p.Casinghead gasBuys100Sep 30, 2018Jan 1, 2022
Energy Transfer CompanyOilGathers100Sep 30, 2018Jan 1, 2022

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

821.50 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Woody 38G
API numberWell no.Acreson the permit
42-317-406747H821.50

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for WOODY 38G
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202668068111,52410,77038$80.46$2.89
Jun 20265775789,9469,3516$84.81$3.15
May 20266186189,7489,03784$102.13$2.94
Apr 202657457210,3909,72217$100.32$2.77
Mar 20263813829,1598,5300$91.38$3.04
Feb 20265555548,0517,5252$64.51$3.62
Jan 20264764767,9207,33619$60.04$7.72
Dec 20254404418,5037,9167$57.97$4.26
Nov 202557057211,55710,80243$60.06$3.79
Oct 202576576011,97611,23123$60.89$3.19
Sep 202582282512,01611,3290$63.96$2.97
Aug 202593493411,92211,2590$64.86$2.91
Jul 20256186196,8446,303151$68.39$3.20
Jun 20257047058,2537,75830$68.17$3.02
May 202597797610,6299,99817$62.17$3.12
Apr 20256496517,9847,5736$63.54$3.42
Mar 20259669617,1916,73993$68.24$4.12
Feb 20258908908,7538,3454$71.53$4.19
Jan 20258288278,7368,3261$75.74$4.13
Dec 20247327377,5707,075134$70.12$3.01
Nov 20248698659,3188,8482$69.95$2.12
Oct 202487987910,59710,03667$71.99$2.20
Sep 20246916928,3687,897199$70.24$2.28
Aug 202494994811,59111,2215$76.68$1.99
Jul 20241,0011,00110,76610,4180$81.80$2.07
Jun 20241,0391,0409,9299,5772$79.77$2.54
May 20241,1101,1109,9929,6541$80.02$2.12
Apr 20241,1501,14811,51411,1237$85.35$1.60
Mar 20241,1651,16711,43111,0831$81.28$1.49
Feb 20241,1721,17211,07110,67638$77.25$1.72
Jan 20249939929,6869,019339$74.15$3.18
Dec 20231,2661,26812,80212,29762$71.90$2.52
Nov 20231,2451,24412,25711,8320$77.69$2.71
Oct 20231,3901,39315,24414,6816$85.64$2.98
Sep 20231,4791,47615,38014,80536$89.43$2.64
Aug 20231,4211,42312,20611,496279$81.39$2.58

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area)CountyMartin County

Pioneer Natural Res. USA, Inc. in Martin County

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Spraberry (Trend Area) field

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