GOLDEN TRIANGLE
GOLDEN TRIANGLE is a Texas oil lease in Burleson County, Railroad Commission district 03, operated by Sage Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 228,545 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 $645K, with roughly $120K 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 163 barrels a month. Its strongest month on the record we hold was October 2018, at 379 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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
- Who operates GOLDEN TRIANGLE?
- GOLDEN TRIANGLE is operated by Sage Energy Company, Railroad Commission of Texas operator number 743215.
- Where is GOLDEN TRIANGLE?
- GOLDEN TRIANGLE is a Texas oil lease in Burleson County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 21277.
- Is GOLDEN TRIANGLE still producing?
- GOLDEN TRIANGLE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOLDEN TRIANGLE is August 2026.
- How much has GOLDEN TRIANGLE produced?
- GOLDEN TRIANGLE has reported 228,545 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GOLDEN TRIANGLE worth?
- The remaining production from GOLDEN TRIANGLE is estimated to be worth about $645K in total as of 27 August 2026, within a range of $503K to $786K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOLDEN TRIANGLE is a fraction of it. The estimate fits an Arps decline curve to the production GOLDEN TRIANGLE 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 is an estimate of value, not an offer and not an appraisal.
- How much income does GOLDEN TRIANGLE generate in a year?
- GOLDEN TRIANGLE is forecast to net about $120K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GOLDEN TRIANGLE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Sage Energy Company |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Burleson County, Texas |
| RRC district | 03 |
| Lease number | 21277 |
| Wellbores | 1 |
| Reported production | 228,545 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $645K |
Where GOLDEN TRIANGLE 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.