GOLDSMITH, NORTH DEVONIAN UNIT
GOLDSMITH, NORTH DEVONIAN UNIT is a Texas oil lease in Ector County, Railroad Commission district 08, operated by Amoco Production Company. It has 25 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 475,522 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 $294K, with roughly $57K 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 96 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was October 2016, at 621 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 GOLDSMITH, NORTH DEVONIAN UNIT
- Who operates GOLDSMITH, NORTH DEVONIAN UNIT?
- GOLDSMITH, NORTH DEVONIAN UNIT is operated by Amoco Production Company, Railroad Commission of Texas operator number 020425.
- Where is GOLDSMITH, NORTH DEVONIAN UNIT?
- GOLDSMITH, NORTH DEVONIAN UNIT is a Texas oil lease in Ector County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 20194.
- Is GOLDSMITH, NORTH DEVONIAN UNIT still producing?
- GOLDSMITH, NORTH DEVONIAN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GOLDSMITH, NORTH DEVONIAN UNIT is August 2026.
- How much has GOLDSMITH, NORTH DEVONIAN UNIT produced?
- GOLDSMITH, NORTH DEVONIAN UNIT has reported 475,522 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 25 wellbores.
- How much is GOLDSMITH, NORTH DEVONIAN UNIT worth?
- The remaining production from GOLDSMITH, NORTH DEVONIAN UNIT is estimated to be worth about $294K in total as of 26 August 2026, within a range of $162K to $426K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOLDSMITH, NORTH DEVONIAN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GOLDSMITH, NORTH DEVONIAN 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, NORTH DEVONIAN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GOLDSMITH, NORTH DEVONIAN UNIT generate in a year?
- GOLDSMITH, NORTH DEVONIAN UNIT is forecast to net about $57K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GOLDSMITH, NORTH DEVONIAN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Amoco Production Company |
|---|---|
| Field | Goldsmith, N. (Devonian) |
| County | Ector County, Texas |
| RRC district | 08 |
| Lease number | 20194 |
| Wellbores | 25 |
| Reported production | 475,522 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $294K |
Where GOLDSMITH, NORTH DEVONIAN 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.