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Texas oil lease

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WOODY-INEZ 37T

Woody-Inez 37T is an oil lease in Martin County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

6,522bbl oil, last 12 months−15% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-51031

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
157,666 mcf
Oil in Jul 2026
475 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 15% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for WOODY-INEZ 37T, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 6,522 bbl in the 12 months through Jul 2026, against 7,657 bbl in the 12 months before.Last 12 months: 6,522 bblbbl per monthmcf per month002505,00050010k75015k1,00020k1,25025kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 15% over the last 12 monthsMonthly oil production and gas for WOODY-INEZ 37T, Aug 2023 to Jul 2026. Oil output fell 15% over the last 12 months. 6,522 bbl in the 12 months through Jul 2026, against 7,657 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002505,00050010k75015k1,00020k1,25025kJan 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-INEZ 37T 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-INEZ 37T 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% · 147,325 mcf

  • Lease fuel (1)

    6.3% · 10,006 mcf

  • Flared (4)

    0.2% · 335 mcf

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

1 well on this lease

Wells on WOODY-INEZ 37T
API numberWell no.Status
42-317-4106920HActive

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 gasGathers100Oct 18, 2018Jan 1, 2022
Wtg Gas Processing, L.p.Casinghead gasBuys100Oct 18, 2018Jan 1, 2022
Energy Transfer CompanyOilGathers100Oct 18, 2018Jan 1, 2022

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

Who buys my oilOil price check

823.30 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-Inez 37T
API numberWell no.Acreson the permit
42-317-4106920H823.30

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

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36 months, newest first

Ledger for WOODY-INEZ 37T
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20264754779,3948,77831$80.46$2.89
Jun 202644144114,61413,7348$84.81$3.15
May 202642142417,30616,038150$102.13$2.94
Apr 202671871614,50813,57524$100.32$2.77
Mar 202650950615,41714,3570$91.38$3.04
Feb 20262102127,9217,3982$64.51$3.62
Jan 202644244314,45113,38034$60.04$7.72
Dec 202560360213,57912,64012$57.97$4.26
Nov 202555255412,89312,05048$60.06$3.79
Oct 202565965513,72512,86726$60.89$3.19
Sep 202575775912,83712,1010$63.96$2.97
Aug 202573573511,02110,4070$64.86$2.91
Jul 20255365366,1475,660136$68.39$3.20
Jun 20254654685,3415,02119$68.17$3.02
May 20251,0491,04815,55514,62725$62.17$3.12
Apr 202566266010,0639,5438$63.54$3.42
Mar 202550149910,6239,942140$68.24$4.12
Feb 202563663714,41713,7356$71.53$4.19
Jan 202579279116,49815,7142$75.74$4.13
Dec 202465165512,54811,720224$70.12$3.01
Nov 202471671312,18011,5623$69.95$2.12
Oct 202468568514,77813,99294$71.99$2.20
Sep 202459659411,72511,062280$70.24$2.28
Aug 202436836812,79012,3795$76.68$1.99
Jul 202437537510,1369,8050$81.80$2.07
Jun 20244434459,7239,3742$79.77$2.54
May 202485685613,64113,1742$80.02$2.12
Apr 202494794613,70613,2369$85.35$1.60
Mar 202498298314,97614,5171$81.28$1.49
Feb 202496696615,04714,50752$77.25$1.72
Jan 202484484313,61312,670479$74.15$3.18
Dec 202387487614,83014,24073$71.90$2.52
Nov 202396096015,78715,2370$77.69$2.71
Oct 20231,1331,13417,75117,0937$85.64$2.98
Sep 202395495216,95916,32240$89.43$2.64
Aug 202393693713,86713,055319$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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