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Texas oil lease

Producing

WOODY 38H

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

1 well

6,154bbl oil, last 12 months−26% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-50956

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
278,562 mcf
Oil in Jul 2026
479 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 26% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for WOODY 38H, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 6,154 bbl in the 12 months through Jul 2026, against 8,348 bbl in the 12 months before.Last 12 months: 6,154 bblbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 26% over the last 12 monthsMonthly oil production and gas for WOODY 38H, Aug 2023 to Jul 2026. Oil output fell 26% over the last 12 months. 6,154 bbl in the 12 months through Jul 2026, against 8,348 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050010k1,00020k1,50030k2,00040kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

93% 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)
93% of the gas went to a processing plant in the last 12 monthsShare of WOODY 38H gas by disposition code each month, Aug 2023 to Jul 2026. 93% 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
93% of the gas went to a processing plant in the last 12 monthsShare of WOODY 38H gas by disposition code each month, Aug 2023 to Jul 2026. 93% 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)

    93% · 260,431 mcf

  • Lease fuel (1)

    6.3% · 17,686 mcf

  • Flared (4)

    0.2% · 445 mcf

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

1 well on this lease

Wells on WOODY 38H
API numberWell no.Status
42-317-406758HActive

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 26, 2018Jan 1, 2022
Wtg Gas Processing, L.p.Casinghead gasBuys100Sep 26, 2018Jan 1, 2022
Energy Transfer CompanyOilGathers100Sep 26, 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 38H
API numberWell no.Acreson the permit
42-317-406758H821.50

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

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36 months, newest first

Ledger for WOODY 38H
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202647947817,62716,46458$80.46$2.89
Jun 202618318513,79712,9628$84.81$3.15
May 202627928311,83710,969103$102.13$2.94
Apr 202672371818,03916,87630$100.32$2.77
Mar 202623523626,92425,0610$91.38$3.04
Feb 202634935224,97123,3157$64.51$3.62
Jan 202668268025,78923,87661$60.04$7.72
Dec 202553653725,00023,26222$57.97$4.26
Nov 202568268326,65124,903100$60.06$3.79
Oct 202566365929,53027,66856$60.89$3.19
Sep 202564364527,77226,1690$63.96$2.97
Aug 202570070030,62528,9060$64.86$2.91
Jul 202557657821,51719,790482$68.39$3.20
Jun 202565365326,97525,33598$68.17$3.02
May 202585485333,57431,55454$62.17$3.12
Apr 202554754726,29824,92921$63.54$3.42
Mar 202553253022,66621,207300$68.24$4.12
Feb 202567067024,93823,75111$71.53$4.19
Jan 202578478330,88329,4045$75.74$4.13
Dec 202478879228,57326,679513$70.12$3.01
Nov 202475475130,53928,9808$69.95$2.12
Oct 202483883836,42534,483232$71.99$2.20
Sep 202458258224,90223,489597$70.24$2.28
Aug 202477077031,17330,16913$76.68$1.99
Jul 202476075932,15931,1050$81.80$2.07
Jun 202470770829,23328,1815$79.77$2.54
May 202487587535,93634,6964$80.02$2.12
Apr 202492091934,00632,82922$85.35$1.60
Mar 202495495520,64320,0091$81.28$1.49
Feb 202494294221,48920,71674$77.25$1.72
Jan 202473873718,83917,530665$74.15$3.18
Dec 202383984124,03623,077118$71.90$2.52
Nov 202391091028,21727,2290$77.69$2.71
Oct 20231,2421,24733,38632,14513$85.64$2.98
Sep 20231,9611,95623,21222,34454$89.43$2.64
Aug 20231,2101,21123,19521,834534$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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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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