GOLDSMITH, N. D.

GOLDSMITH, N. D. is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Oltex Production. It has 12 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 29,769 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 $397K, with roughly $76K 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 97 barrels a month, about 8 per wellbore. Its strongest month on the record we hold was July 2025, at 220 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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, N. D.

Who operates GOLDSMITH, N. D.?
GOLDSMITH, N. D. is operated by Oltex Production, Railroad Commission of Texas operator number 622435.
Where is GOLDSMITH, N. D.?
GOLDSMITH, N. D. is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 00683.
Is GOLDSMITH, N. D. still producing?
GOLDSMITH, N. D. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOLDSMITH, N. D. is August 2026.
How much has GOLDSMITH, N. D. produced?
GOLDSMITH, N. D. has reported 29,769 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 12 wellbores.
How much is GOLDSMITH, N. D. worth?
The remaining production from GOLDSMITH, N. D. is estimated to be worth about $397K in total as of 26 August 2026, within a range of $218K to $575K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOLDSMITH, N. D. is a fraction of it. The estimate fits an Arps decline curve to the production GOLDSMITH, N. D. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOLDSMITH, N. D. is an estimate of value, not an offer and not an appraisal.
How much income does GOLDSMITH, N. D. generate in a year?
GOLDSMITH, N. D. is forecast to net about $76K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOLDSMITH, N. D. receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

GOLDSMITH, N. D. as filed with the Railroad Commission of Texas
OperatorOltex Production
FieldArcher County Regular
CountyArcher County, Texas
RRC district09
Lease number00683
Wellbores12
Reported production29,769 bbl
First reported
Last reported
Estimated royalty value$397K

Where GOLDSMITH, N. D. 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.