IVORY UNIT
IVORY UNIT is a Texas oil lease in Fayette County, Railroad Commission district 03, operated by Geosouthern Energy Corporation. It has 1 wellbore on file with the Commission. Reported production runs from June 1997 to August 2026, totalling 328,645 barrels. The lease is shut in. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $6K, with roughly $950 expected over the next twelve months.
| Operator | Geosouthern Energy Corporation |
|---|---|
| Field | Giddings (Austin Chalk-3) |
| County | Fayette County, Texas |
| RRC district | 03 |
| Lease number | 23282 |
| Wellbores | 1 |
| Reported production | 328,645 bbl |
| First reported | June 1997 |
| Last reported | August 2026 |
| Estimated royalty value | $6K |
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.