SAND FLAT, WEST(PALUXY "B") UNIT
SAND FLAT, WEST(PALUXY "B") UNIT is a Texas oil lease in Smith County, Railroad Commission district 06, operated by Goldston Oil Corporation. It has 5 wellbores on file with the Commission. Reported production runs from October 2002 to August 2026, totalling 794,087 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 $1.9M, with roughly $489K 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 707 barrels a month, about 141 per wellbore. Its strongest month on the record we hold was May 2016, at 2,420 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 SAND FLAT, WEST(PALUXY "B") UNIT
- Who operates SAND FLAT, WEST(PALUXY "B") UNIT?
- SAND FLAT, WEST(PALUXY "B") UNIT is operated by Goldston Oil Corporation, Railroad Commission of Texas operator number 313990.
- Where is SAND FLAT, WEST(PALUXY "B") UNIT?
- SAND FLAT, WEST(PALUXY "B") UNIT is a Texas oil lease in Smith County, Texas, in Railroad Commission district 06. Its Railroad Commission lease number is 14190.
- Is SAND FLAT, WEST(PALUXY "B") UNIT still producing?
- SAND FLAT, WEST(PALUXY "B") UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SAND FLAT, WEST(PALUXY "B") UNIT is August 2026.
- How much has SAND FLAT, WEST(PALUXY "B") UNIT produced?
- SAND FLAT, WEST(PALUXY "B") UNIT has reported 794,087 barrels of oil (bbl) to the Railroad Commission of Texas between October 2002 and August 2026, from 5 wellbores.
- How much is SAND FLAT, WEST(PALUXY "B") UNIT worth?
- The remaining production from SAND FLAT, WEST(PALUXY "B") UNIT is estimated to be worth about $1.9M in total as of 27 August 2026, within a range of $1.5M to $2.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SAND FLAT, WEST(PALUXY "B") UNIT is a fraction of it. The estimate fits an Arps decline curve to the production SAND FLAT, WEST(PALUXY "B") UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SAND FLAT, WEST(PALUXY "B") UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does SAND FLAT, WEST(PALUXY "B") UNIT generate in a year?
- SAND FLAT, WEST(PALUXY "B") UNIT is forecast to net about $489K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in SAND FLAT, WEST(PALUXY "B") UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Goldston Oil Corporation |
|---|---|
| Field | Sand Flat, W. (Paluxy "B") |
| County | Smith County, Texas |
| RRC district | 06 |
| Lease number | 14190 |
| Wellbores | 5 |
| Reported production | 794,087 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.9M |
Where SAND FLAT, WEST(PALUXY "B") 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.