ORA NELL UNIT

ORA NELL 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 March 1995 to August 2026, totalling 433,505 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 $1.0M, with roughly $360K 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 256 barrels a month. Its strongest month on the record we hold was May 2019, at 1,674 barrels. In our own backtest, leases producing at this rate are forecast to within about 22% 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 ORA NELL UNIT

Who operates ORA NELL UNIT?
ORA NELL UNIT is operated by Geosouthern Energy Corporation, Railroad Commission of Texas operator number 301287.
Where is ORA NELL UNIT?
ORA NELL UNIT is a Texas oil lease in Fayette County, Texas, in Railroad Commission district 03. Its Railroad Commission lease number is 22694.
Is ORA NELL UNIT still producing?
ORA NELL UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for ORA NELL UNIT is August 2026.
How much has ORA NELL UNIT produced?
ORA NELL UNIT has reported 433,505 barrels of oil (bbl) to the Railroad Commission of Texas between March 1995 and August 2026, from 1 wellbore.
How much is ORA NELL UNIT worth?
The remaining production from ORA NELL UNIT is estimated to be worth about $1.0M in total as of 26 August 2026, within a range of $803K to $1.3M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in ORA NELL UNIT is a fraction of it. The estimate fits an Arps decline curve to the production ORA NELL UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for ORA NELL UNIT is an estimate of value, not an offer and not an appraisal.
How much income does ORA NELL UNIT generate in a year?
ORA NELL UNIT is forecast to net about $360K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in ORA NELL UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

ORA NELL UNIT as filed with the Railroad Commission of Texas
OperatorGeosouthern Energy Corporation
FieldGiddings (Austin Chalk-3)
CountyFayette County, Texas
RRC district03
Lease number22694
Wellbores1
Reported production433,505 bbl
First reported
Last reported
Estimated royalty value$1.0M

Where ORA NELL UNIT 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.