GOLDSMITH-BLALOCK
GOLDSMITH-BLALOCK is a Texas oil lease in Wood County, Railroad Commission district 06, operated by Goldston Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 383,530 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.3M, with roughly $286K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 393 barrels a month. Its strongest month on the record we hold was June 2023, at 653 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about GOLDSMITH-BLALOCK
- Who operates GOLDSMITH-BLALOCK?
- GOLDSMITH-BLALOCK is operated by Goldston Oil Corporation, Railroad Commission of Texas operator number 313990.
- Where is GOLDSMITH-BLALOCK?
- GOLDSMITH-BLALOCK is a Texas oil lease in Wood County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 01330.
- Is GOLDSMITH-BLALOCK still producing?
- GOLDSMITH-BLALOCK is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOLDSMITH-BLALOCK is August 2026.
- How much has GOLDSMITH-BLALOCK produced?
- GOLDSMITH-BLALOCK has reported 383,530 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GOLDSMITH-BLALOCK worth?
- The remaining production from GOLDSMITH-BLALOCK is estimated to be worth about $1.3M in total as of 26 August 2026, within a range of $983K to $1.5M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOLDSMITH-BLALOCK is a fraction of it. The estimate fits an Arps decline curve to the production GOLDSMITH-BLALOCK has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOLDSMITH-BLALOCK is an estimate of value, not an offer and not an appraisal.
- How much income does GOLDSMITH-BLALOCK generate in a year?
- GOLDSMITH-BLALOCK is forecast to net about $286K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOLDSMITH-BLALOCK receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Goldston Oil Corporation |
|---|---|
| Field | Quitman |
| County | Wood County, Texas |
| RRC district | 06 |
| Lease number | 01330 |
| Wellbores | 1 |
| Reported production | 383,530 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.3M |
Where GOLDSMITH-BLALOCK sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.