GOLDEN TRIANGLE UNIT
GOLDEN TRIANGLE UNIT is a Texas oil lease in Brazos County, Railroad Commission district 03, operated by Rme Petroleum Company. It has 1 wellbore on file with the Commission. Reported production runs from September 2001 to August 2026, totalling 167,757 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 $324K, with roughly $62K 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 76 barrels a month. Its strongest month on the record we hold was May 2017, at 982 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 GOLDEN TRIANGLE UNIT
- Who operates GOLDEN TRIANGLE UNIT?
- GOLDEN TRIANGLE UNIT is operated by Rme Petroleum Company, Railroad Commission of Texas operator number 714229.
- Where is GOLDEN TRIANGLE UNIT?
- GOLDEN TRIANGLE UNIT is a Texas oil lease in Brazos County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 24244.
- Is GOLDEN TRIANGLE UNIT still producing?
- GOLDEN TRIANGLE UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOLDEN TRIANGLE UNIT is August 2026.
- How much has GOLDEN TRIANGLE UNIT produced?
- GOLDEN TRIANGLE UNIT has reported 167,757 barrels of oil (bbl) to the Railroad Commission of Texas between September 2001 and August 2026, from 1 wellbore.
- How much is GOLDEN TRIANGLE UNIT worth?
- The remaining production from GOLDEN TRIANGLE UNIT is estimated to be worth about $324K in total as of 26 August 2026, within a range of $178K to $470K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOLDEN TRIANGLE UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GOLDEN TRIANGLE UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOLDEN TRIANGLE UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GOLDEN TRIANGLE UNIT generate in a year?
- GOLDEN TRIANGLE UNIT is forecast to net about $62K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOLDEN TRIANGLE UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rme Petroleum Company |
|---|---|
| Field | Giddings (Buda) |
| County | Brazos County, Texas |
| RRC district | 03 |
| Lease number | 24244 |
| Wellbores | 1 |
| Reported production | 167,757 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $324K |
Where GOLDEN TRIANGLE UNIT 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.