GOLDEN 17
GOLDEN 17 is a Texas oil lease in Dawson County, Railroad Commission district 8A, operated by Smith Energy Operating Company. It has 1 wellbore on file with the Commission. Reported production runs from January 2020 to August 2026, totalling 33,086 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 $1.1M, with roughly $271K 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 341 barrels a month. Its strongest month on the record we hold was March 2020, at 766 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 17
- Who operates GOLDEN 17?
- GOLDEN 17 is operated by Smith Energy Operating Company, Railroad Commission of Texas operator number 790956.
- Where is GOLDEN 17?
- GOLDEN 17 is a Texas oil lease in Dawson County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 71003.
- Is GOLDEN 17 still producing?
- GOLDEN 17 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOLDEN 17 is August 2026.
- How much has GOLDEN 17 produced?
- GOLDEN 17 has reported 33,086 barrels of oil (bbl) to the Railroad Commission of Texas between January 2020 and August 2026, from 1 wellbore.
- How much is GOLDEN 17 worth?
- The remaining production from GOLDEN 17 is estimated to be worth about $1.1M in total as of 27 August 2026, within a range of $839K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOLDEN 17 is a fraction of it. The estimate fits an Arps decline curve to the production GOLDEN 17 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOLDEN 17 is an estimate of value, not an offer and not an appraisal.
- How much income does GOLDEN 17 generate in a year?
- GOLDEN 17 is forecast to net about $271K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GOLDEN 17 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Smith Energy Operating Company |
|---|---|
| Field | MTS (San Andres) |
| County | Dawson County, Texas |
| RRC district | 8A |
| Lease number | 71003 |
| Wellbores | 1 |
| Reported production | 33,086 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.1M |
Where GOLDEN 17 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.