GOLDSMITH ANDECTOR UNIT
GOLDSMITH ANDECTOR UNIT is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Phillips Petroleum Company. It has 625 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 14,366,586 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 $30.3M, with roughly $7.8M 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 9,944 barrels a month, about 16 per wellbore. Its strongest month on the record we hold was October 2016, at 58,762 barrels. In our own backtest, leases producing at this rate are forecast to within about 17% 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 GOLDSMITH ANDECTOR UNIT
- Who operates GOLDSMITH ANDECTOR UNIT?
- GOLDSMITH ANDECTOR UNIT is operated by Phillips Petroleum Company, Railroad Commission of Texas operator number 663680.
- Where is GOLDSMITH ANDECTOR UNIT?
- GOLDSMITH ANDECTOR UNIT is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 21193.
- Is GOLDSMITH ANDECTOR UNIT still producing?
- GOLDSMITH ANDECTOR UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOLDSMITH ANDECTOR UNIT is August 2026.
- How much has GOLDSMITH ANDECTOR UNIT produced?
- GOLDSMITH ANDECTOR UNIT has reported 14,366,586 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 625 wellbores.
- How much is GOLDSMITH ANDECTOR UNIT worth?
- The remaining production from GOLDSMITH ANDECTOR UNIT is estimated to be worth about $30.3M in total as of 27 August 2026, within a range of $25.1M to $35.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOLDSMITH ANDECTOR UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GOLDSMITH ANDECTOR UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOLDSMITH ANDECTOR UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GOLDSMITH ANDECTOR UNIT generate in a year?
- GOLDSMITH ANDECTOR UNIT is forecast to net about $7.8M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GOLDSMITH ANDECTOR UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Phillips Petroleum Company |
|---|---|
| Field | Goldsmith (Clear Fork) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 21193 |
| Wellbores | 625 |
| Reported production | 14,366,586 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $30.3M |
Where GOLDSMITH ANDECTOR 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.