RAE, GEORGE
RAE, GEORGE is a Texas oil lease in Coleman County, Railroad Commission district 7B, operated by Newman & Scott. It has 2 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 55,754 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 $395K, with roughly $71K 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 75 barrels a month, about 37 per wellbore. Its strongest month on the record we hold was April 2017, at 190 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 RAE, GEORGE
- Who operates RAE, GEORGE?
- RAE, GEORGE is operated by Newman & Scott, Railroad Commission of Texas operator number 607393.
- Where is RAE, GEORGE?
- RAE, GEORGE is a Texas oil lease in Coleman County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 17715.
- Is RAE, GEORGE still producing?
- RAE, GEORGE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for RAE, GEORGE is August 2026.
- How much has RAE, GEORGE produced?
- RAE, GEORGE has reported 55,754 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 2 wellbores.
- How much is RAE, GEORGE worth?
- The remaining production from RAE, GEORGE is estimated to be worth about $395K in total as of 27 August 2026, within a range of $217K to $572K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in RAE, GEORGE is a fraction of it. The estimate fits an Arps decline curve to the production RAE, GEORGE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for RAE, GEORGE is an estimate of value, not an offer and not an appraisal.
- How much income does RAE, GEORGE generate in a year?
- RAE, GEORGE is forecast to net about $71K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in RAE, GEORGE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Newman & Scott |
|---|---|
| Field | Mary Susan (Jennings Sand) |
| County | Coleman County, Texas |
| RRC district | 7B |
| Lease number | 17715 |
| Wellbores | 2 |
| Reported production | 55,754 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $395K |
Where RAE, GEORGE 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.