GEORGE NEEL
GEORGE NEEL is a Texas gas lease in Webb County, Railroad Commission district 04, operated by Laredo Energy. It has 1 wellbore on file with the Commission. Reported production runs from October 2014 to August 2026, totalling 1,745,771 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 $824K, with roughly $126K 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 5,378 thousand cubic feet a month. Its strongest month on the record we hold was October 2017, at 21,971 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 GEORGE NEEL
- Who operates GEORGE NEEL?
- GEORGE NEEL is operated by Laredo Energy, Railroad Commission of Texas operator number 486543.
- Where is GEORGE NEEL?
- GEORGE NEEL is a Texas gas lease in Webb County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 275313.
- Is GEORGE NEEL still producing?
- GEORGE NEEL is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GEORGE NEEL is August 2026.
- How much has GEORGE NEEL produced?
- GEORGE NEEL has reported 1,745,771 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2014 and August 2026, from 1 wellbore.
- How much is GEORGE NEEL worth?
- The remaining production from GEORGE NEEL is estimated to be worth about $824K in total as of 27 August 2026, within a range of $684K to $964K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GEORGE NEEL is a fraction of it. The estimate fits an Arps decline curve to the production GEORGE NEEL has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GEORGE NEEL is an estimate of value, not an offer and not an appraisal.
- How much income does GEORGE NEEL generate in a year?
- GEORGE NEEL is forecast to net about $126K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GEORGE NEEL receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Laredo Energy |
|---|---|
| Field | Owen (Olmos) |
| County | Webb County, Texas |
| RRC district | 04 |
| Lease number | 275313 |
| Wellbores | 1 |
| Reported production | 1,745,771 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $824K |
Where GEORGE NEEL 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.