GIZA 10-4-59
GIZA 10-4-59 is a Texas oil lease in Mitchell County, Railroad Commission district 08, operated by Bayswater Operating Company LLC. It has 1 wellbore on file with the Commission. Reported production runs from February 2024 to August 2026, totalling 191,275 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 $2.9M, with roughly $1.5M 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 4,791 barrels a month. Its strongest month on the record we hold was November 2024, at 28,451 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 GIZA 10-4-59
- Who operates GIZA 10-4-59?
- GIZA 10-4-59 is operated by Bayswater Operating Company LLC, Railroad Commission of Texas operator number 058827.
- Where is GIZA 10-4-59?
- GIZA 10-4-59 is a Texas oil lease in Mitchell County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 62259.
- Is GIZA 10-4-59 still producing?
- GIZA 10-4-59 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GIZA 10-4-59 is August 2026.
- How much has GIZA 10-4-59 produced?
- GIZA 10-4-59 has reported 191,275 barrels of oil (bbl) to the Railroad Commission of Texas between February 2024 and August 2026, from 1 wellbore.
- How much is GIZA 10-4-59 worth?
- The remaining production from GIZA 10-4-59 is estimated to be worth about $2.9M in total as of 27 August 2026, within a range of $2.4M to $3.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GIZA 10-4-59 is a fraction of it. The estimate fits an Arps decline curve to the production GIZA 10-4-59 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GIZA 10-4-59 is an estimate of value, not an offer and not an appraisal.
- How much income does GIZA 10-4-59 generate in a year?
- GIZA 10-4-59 is forecast to net about $1.5M across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GIZA 10-4-59 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Bayswater Operating Company LLC |
|---|---|
| Field | Spraberry (Trend Area) |
| County | Mitchell County, Texas |
| RRC district | 08 |
| Lease number | 62259 |
| Wellbores | 1 |
| Reported production | 191,275 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.9M |
Where GIZA 10-4-59 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.