BIG GEORGE 180
BIG GEORGE 180 is a Texas oil lease in Reeves County, Railroad Commission district 08, operated by Thompson, J. Cleo. It has 2 wellbores on file with the Commission. Reported production runs from June 2016 to August 2026, totalling 213,197 barrels. The lease is intermittent. 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 $71K, with roughly $11K 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 barrels a month, about 2 per wellbore. Its strongest month on the record we hold was October 2016, at 15,195 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% 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 BIG GEORGE 180
- Who operates BIG GEORGE 180?
- BIG GEORGE 180 is operated by Thompson, J. Cleo, Railroad Commission of Texas operator number 855610.
- Where is BIG GEORGE 180?
- BIG GEORGE 180 is a Texas oil lease in Reeves County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 48222.
- Is BIG GEORGE 180 still producing?
- BIG GEORGE 180 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for BIG GEORGE 180 is August 2026.
- How much has BIG GEORGE 180 produced?
- BIG GEORGE 180 has reported 213,197 barrels of oil (bbl) to the Railroad Commission of Texas between June 2016 and August 2026, from 2 wellbores.
- How much is BIG GEORGE 180 worth?
- The remaining production from BIG GEORGE 180 is estimated to be worth about $71K in total as of 26 August 2026, within a range of $0 to $142K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BIG GEORGE 180 is a fraction of it. The estimate fits an Arps decline curve to the production BIG GEORGE 180 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BIG GEORGE 180 is an estimate of value, not an offer and not an appraisal.
- How much income does BIG GEORGE 180 generate in a year?
- BIG GEORGE 180 is forecast to net about $11K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BIG GEORGE 180 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Thompson, J. Cleo |
|---|---|
| Field | Wolfbone (Trend Area) |
| County | Reeves County, Texas |
| RRC district | 08 |
| Lease number | 48222 |
| Wellbores | 2 |
| Reported production | 213,197 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $71K |
Where BIG GEORGE 180 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.