GOLDEN BEND 34
GOLDEN BEND 34 is a Texas oil lease in Howard County, Railroad Commission district 08, operated by Shenandoah Petroleum Corporation. It has 2 wellbores on file with the Commission. Reported production runs from February 2012 to August 2026, totalling 16,116 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 $4K, with roughly $754 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 2 barrels a month, about 1 per wellbore. Its strongest month on the record we hold was December 2017, at 223 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 GOLDEN BEND 34
- Who operates GOLDEN BEND 34?
- GOLDEN BEND 34 is operated by Shenandoah Petroleum Corporation, Railroad Commission of Texas operator number 775563.
- Where is GOLDEN BEND 34?
- GOLDEN BEND 34 is a Texas oil lease in Howard County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 43079.
- Is GOLDEN BEND 34 still producing?
- GOLDEN BEND 34 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GOLDEN BEND 34 is August 2026.
- How much has GOLDEN BEND 34 produced?
- GOLDEN BEND 34 has reported 16,116 barrels of oil (bbl) to the Railroad Commission of Texas between February 2012 and August 2026, from 2 wellbores.
- How much is GOLDEN BEND 34 worth?
- The remaining production from GOLDEN BEND 34 is estimated to be worth about $4K in total as of 27 August 2026, within a range of $0 to $8K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GOLDEN BEND 34 is a fraction of it. The estimate fits an Arps decline curve to the production GOLDEN BEND 34 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GOLDEN BEND 34 is an estimate of value, not an offer and not an appraisal.
- How much income does GOLDEN BEND 34 generate in a year?
- GOLDEN BEND 34 is forecast to net about $754 across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GOLDEN BEND 34 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Shenandoah Petroleum Corporation |
|---|---|
| Field | Vealmoor, Central (Canyon Reef) |
| County | Howard County, Texas |
| RRC district | 08 |
| Lease number | 43079 |
| Wellbores | 2 |
| Reported production | 16,116 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where GOLDEN BEND 34 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.