GOLD SOUTH UNIT
GOLD SOUTH UNIT is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Williams, Clayton Energy, Inc. It has 4 wellbores on file with the Commission. Reported production runs from April 2001 to August 2026, totalling 43,724 barrels. The lease is intermittent. 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 $10K, with roughly $2K 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 1 barrels a month. Its strongest month on the record we hold was January 2019, at 685 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 GOLD SOUTH UNIT
- Who operates GOLD SOUTH UNIT?
- GOLD SOUTH UNIT is operated by Williams, Clayton Energy, Inc., Railroad Commission of Texas operator number 924624.
- Where is GOLD SOUTH UNIT?
- GOLD SOUTH UNIT is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 23967.
- Is GOLD SOUTH UNIT still producing?
- GOLD SOUTH UNIT is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GOLD SOUTH UNIT is August 2026.
- How much has GOLD SOUTH UNIT produced?
- GOLD SOUTH UNIT has reported 43,724 barrels of oil (bbl) to the Railroad Commission of Texas between April 2001 and August 2026, from 4 wellbores.
- How much is GOLD SOUTH UNIT worth?
- The remaining production from GOLD SOUTH UNIT is estimated to be worth about $10K in total as of 27 August 2026, within a range of $0 to $21K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOLD SOUTH UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GOLD SOUTH UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOLD SOUTH UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GOLD SOUTH UNIT generate in a year?
- GOLD SOUTH UNIT is forecast to net about $2K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GOLD SOUTH UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Williams, Clayton Energy, Inc. |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 23967 |
| Wellbores | 4 |
| Reported production | 43,724 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $10K |
Where GOLD SOUTH 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.