LIGHT, GEORGE III
LIGHT, GEORGE III is a Texas gas lease in La Salle County, Railroad Commission district 01, operated by Lewis Petro Properties, Inc. It has 1 wellbore on file with the Commission. Reported production runs from September 2008 to August 2026, totalling 369,590 thousand cubic feet. 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 $165K, with roughly $26K 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 1,284 thousand cubic feet a month. Its strongest month on the record we hold was August 2022, at 4,087 thousand cubic feet. 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 LIGHT, GEORGE III
- Who operates LIGHT, GEORGE III?
- LIGHT, GEORGE III is operated by Lewis Petro Properties, Inc., Railroad Commission of Texas operator number 499978.
- Where is LIGHT, GEORGE III?
- LIGHT, GEORGE III is a Texas gas lease in La Salle County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 243842.
- Is LIGHT, GEORGE III still producing?
- LIGHT, GEORGE III is currently producing. The most recent month of production reported to the Railroad Commission of Texas for LIGHT, GEORGE III is August 2026.
- How much has LIGHT, GEORGE III produced?
- LIGHT, GEORGE III has reported 369,590 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between September 2008 and August 2026, from 1 wellbore.
- How much is LIGHT, GEORGE III worth?
- The remaining production from LIGHT, GEORGE III is estimated to be worth about $165K in total as of 27 August 2026, within a range of $137K to $193K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in LIGHT, GEORGE III is a fraction of it. The estimate fits an Arps decline curve to the production LIGHT, GEORGE III has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for LIGHT, GEORGE III is an estimate of value, not an offer and not an appraisal.
- How much income does LIGHT, GEORGE III generate in a year?
- LIGHT, GEORGE III is forecast to net about $26K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in LIGHT, GEORGE III receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lewis Petro Properties, Inc. |
|---|---|
| Field | Atlee (Olmos) |
| County | La Salle County, Texas |
| RRC district | 01 |
| Lease number | 243842 |
| Wellbores | 1 |
| Reported production | 369,590 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $165K |
Where LIGHT, GEORGE III 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.