TEXACO GOLDSMITH
TEXACO GOLDSMITH is a Texas oil lease in Archer County, Railroad Commission district 09, operated by Myers, James B. It has 3 wellbores on file with the Commission. Reported production runs from November 2013 to August 2026, totalling 3,613 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 $85K, with roughly $16K 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 20 barrels a month, about 7 per wellbore. Its strongest month on the record we hold was October 2024, at 92 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 TEXACO GOLDSMITH
- Who operates TEXACO GOLDSMITH?
- TEXACO GOLDSMITH is operated by Myers, James B., Railroad Commission of Texas operator number 597665.
- Where is TEXACO GOLDSMITH?
- TEXACO GOLDSMITH is a Texas oil lease in Archer County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 32764.
- Is TEXACO GOLDSMITH still producing?
- TEXACO GOLDSMITH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for TEXACO GOLDSMITH is August 2026.
- How much has TEXACO GOLDSMITH produced?
- TEXACO GOLDSMITH has reported 3,613 barrels of oil (bbl) to the Railroad Commission of Texas between November 2013 and August 2026, from 3 wellbores.
- How much is TEXACO GOLDSMITH worth?
- The remaining production from TEXACO GOLDSMITH is estimated to be worth about $85K in total as of 26 August 2026, within a range of $47K to $123K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in TEXACO GOLDSMITH is a fraction of it. The estimate fits an Arps decline curve to the production TEXACO GOLDSMITH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for TEXACO GOLDSMITH is an estimate of value, not an offer and not an appraisal.
- How much income does TEXACO GOLDSMITH generate in a year?
- TEXACO GOLDSMITH is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in TEXACO GOLDSMITH receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Myers, James B. |
|---|---|
| Field | Archer County Regular |
| County | Archer County, Texas |
| RRC district | 09 |
| Lease number | 32764 |
| Wellbores | 3 |
| Reported production | 3,613 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $85K |
Where TEXACO GOLDSMITH 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.