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Texas oil lease

Producing

WOODY (ALLOCATION)

Woody (Allocation) is an oil lease in Madison County, Texas, operated by Reed Exploration LLC in the Fort Trinidad, East (Buda) field.

1 well

1,775bbl oil, last 12 months+9% vs prior year
Operator
Reed Exploration LLC
County
Madison County
Field
Fort Trinidad, East (Buda)
RRC lease
03-27413

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Where it sits

This county

Madison CountyMadisonWalkerLimestoneHoustonLeonBrazosRobertsonMadison County
Madison County
Gas, last 12 months
778 mcf
Oil in Jul 2026
8 bbl

Production by month

Oil output rose 9% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 9% over the last 12 monthsMonthly oil production and gas for WOODY (ALLOCATION), Aug 2023 to Jul 2026. Oil output rose 9% over the last 12 months. 1,775 bbl in the 12 months through Jul 2026, against 1,633 bbl in the 12 months before.Last 12 months: 1,775 bblbbl per monthmcf per month00100100200200300300400400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 9% over the last 12 monthsMonthly oil production and gas for WOODY (ALLOCATION), Aug 2023 to Jul 2026. Oil output rose 9% over the last 12 months. 1,775 bbl in the 12 months through Jul 2026, against 1,633 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00100100200200300300400400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the 11 months reported

All of the gas went to a processing plant in the 11 months reportedShare of WOODY (ALLOCATION) gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the 11 months reported.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a processing plant in the 11 months reportedShare of WOODY (ALLOCATION) gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the 11 months reported.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed 2 times, most recently in Jun 2024

Operators of this lease over timeEtx Energy, LLC, Jan 2020 to Dec 2021; Buffalo XXII Operating, LLC, Jan 2022 to May 2024; Reed Exploration LLC, Jun 2024 to Jul 20262020202120222023202420252026Changed Jan 2022Changed Jun 2024Etx Energy, LLCJan 2020 to Dec 2021Buffalo XXII Operating, LLCJan 2022 to May 2024Reed Exploration LLCJun 2024 to now
Operators of this lease over timeEtx Energy, LLC, Jan 2020 to Dec 2021; Buffalo XXII Operating, LLC, Jan 2022 to May 2024; Reed Exploration LLC, Jun 2024 to Jul 20262020202120222023202420252026Changed Jan 2022Changed Jun 2024Etx Energy, LLCJan 2020 to Dec 2021Buffalo XXII Operating, LLCJan 2022 to May 2024Reed Exploration LLCJun 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on WOODY (ALLOCATION)
API numberWell no.Status
42-313-313461HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Statewide Crude Inc.OilGathers100Apr 1, 2024–
Energy Transfer CompanyCasinghead gasBuys100Oct 1, 2021–
Trailblazer Energy Resources,llcCasinghead gasGathers100Feb 1, 2023–
4J Energy, LLCOilGathers50Sep 1, 2022Apr 1, 2024
Shell Trading (Us) CompanyOilGathers50Sep 1, 2022Apr 1, 2024
Etx Energy, LLCCasinghead gasGathers100Oct 1, 2021Feb 1, 2023
Energy Trans Crude Marketing LLCOilGathers75Oct 1, 2021Sep 1, 2022
Shell Trading (Us) CompanyOilGathers25Oct 1, 2021Sep 1, 2022
Midcoast Pipelines (E Tx) L.p.Casinghead gasGathers100Mar 10, 2018Oct 1, 2021

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

Who buys my oilOil price check

1,703.43 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 (Allocation)
API numberWell no.Acreson the permit
42-313-313461H1,703.43

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for WOODY (ALLOCATION)
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Reed Exploration80000$80.46$2.89
Jun 2026Reed Exploration147267330$84.81$3.15
May 2026Reed Exploration165771111110$102.13$2.94
Apr 2026Reed Exploration15917082820$100.32$2.77
Mar 2026Reed Exploration1981801091090$91.38$3.04
Feb 2026Reed Exploration2101801741740$64.51$3.62
Jan 2026Reed Exploration2142882992990$60.04$7.72
Dec 2025Reed Exploration1200000$57.97$4.26
Nov 2025Reed Exploration112101000$60.06$3.79
Oct 2025Reed Exploration125133000$60.89$3.19
Sep 2025Reed Exploration160160000$63.96$2.97
Aug 2025Reed Exploration157186000$64.86$2.91
Jul 2025Reed Exploration9117021210$68.39$3.20
Jun 2025Reed Exploration15614937370$68.17$3.02
May 2025Reed Exploration225150000$62.17$3.12
Apr 2025Reed Exploration00000$63.54$3.42
Mar 2025Reed Exploration153150000$68.24$4.12
Feb 2025Reed Exploration143155000$71.53$4.19
Jan 2025Reed Exploration147130000$75.74$4.13
Dec 2024Reed Exploration123263000$70.12$3.01
Nov 2024Reed Exploration142104000$69.95$2.12
Oct 2024Reed Exploration1240000$71.99$2.20
Sep 2024Reed Exploration172184000$70.24$2.28
Aug 2024Reed Exploration15719296960$76.68$1.99
Jul 2024Reed Exploration1882531081080$81.80$2.07
Jun 2024Reed Exploration1611881151150$79.77$2.54
May 2024Buffalo XXII308177000$80.02$2.12
Apr 2024Buffalo XXII00000$85.35$1.60
Mar 2024Buffalo XXII00000$81.28$1.49
Feb 2024Buffalo XXII00000$77.25$1.72
Jan 2024Buffalo XXII00000$74.15$3.18
Dec 2023Buffalo XXII00000$71.90$2.52
Nov 2023Buffalo XXII00000$77.69$2.71
Oct 2023Buffalo XXII00000$85.64$2.98
Sep 2023Buffalo XXII00000$89.43$2.64
Aug 2023Buffalo XXII00000$81.39$2.58

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

OperatorReed Exploration LLCFieldFort Trinidad, East (Buda)CountyMadison County

Reed Exploration LLC in Madison County

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Fort Trinidad, East (Buda) field

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