GOLDEN SAND 10-3
GOLDEN SAND 10-3 is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Bayswater Operating Company LLC. It has 3 wellbores on file with the Commission. Reported production runs from November 2022 to August 2026, totalling 505,357 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 $15.4M, with roughly $11.7M 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 23,586 barrels a month, about 7,862 per wellbore. Its strongest month on the record we hold was November 2025, at 49,939 barrels. In our own backtest, leases producing at this rate are forecast to within about 18% 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 GOLDEN SAND 10-3
- Who operates GOLDEN SAND 10-3?
- GOLDEN SAND 10-3 is operated by Bayswater Operating Company LLC, Railroad Commission of Texas operator number 058827.
- Where is GOLDEN SAND 10-3?
- GOLDEN SAND 10-3 is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 61154.
- Is GOLDEN SAND 10-3 still producing?
- GOLDEN SAND 10-3 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOLDEN SAND 10-3 is August 2026.
- How much has GOLDEN SAND 10-3 produced?
- GOLDEN SAND 10-3 has reported 505,357 barrels of oil (bbl) to the Railroad Commission of Texas between November 2022 and August 2026, from 3 wellbores.
- How much is GOLDEN SAND 10-3 worth?
- The remaining production from GOLDEN SAND 10-3 is estimated to be worth about $15.4M in total as of 27 August 2026, within a range of $12.6M to $18.2M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOLDEN SAND 10-3 is a fraction of it. The estimate fits an Arps decline curve to the production GOLDEN SAND 10-3 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOLDEN SAND 10-3 is an estimate of value, not an offer and not an appraisal.
- How much income does GOLDEN SAND 10-3 generate in a year?
- GOLDEN SAND 10-3 is forecast to net about $11.7M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GOLDEN SAND 10-3 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bayswater Operating Company LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 61154 |
| Wellbores | 3 |
| Reported production | 505,357 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $15.4M |
Where GOLDEN SAND 10-3 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.