GEORGE ALLEN UNIT
GEORGE ALLEN UNIT is a Texas oil lease in Gaines County, Railroad Commission district 8A, operated by Santa Fe Energy Resources, Inc. It has 34 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 882,368 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 $3.8M, with roughly $916K 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 1,353 barrels a month, about 40 per wellbore. Its strongest month on the record we hold was August 2016, at 6,377 barrels. 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 ALLEN UNIT
- Who operates GEORGE ALLEN UNIT?
- GEORGE ALLEN UNIT is operated by Santa Fe Energy Resources, Inc., Railroad Commission of Texas operator number 748109.
- Where is GEORGE ALLEN UNIT?
- GEORGE ALLEN UNIT is a Texas oil lease in Gaines County, Texas, in Railroad Commission district 8A. Its Railroad Commission lease number is 66220.
- Is GEORGE ALLEN UNIT still producing?
- GEORGE ALLEN UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GEORGE ALLEN UNIT is August 2026.
- How much has GEORGE ALLEN UNIT produced?
- GEORGE ALLEN UNIT has reported 882,368 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 34 wellbores.
- How much is GEORGE ALLEN UNIT worth?
- The remaining production from GEORGE ALLEN UNIT is estimated to be worth about $3.8M in total as of 27 August 2026, within a range of $3.1M to $4.4M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GEORGE ALLEN UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GEORGE ALLEN UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GEORGE ALLEN UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does GEORGE ALLEN UNIT generate in a year?
- GEORGE ALLEN UNIT is forecast to net about $916K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GEORGE ALLEN UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Santa Fe Energy Resources, Inc. |
|---|---|
| Field | George Allen (San Andres) |
| County | Gaines County, Texas |
| RRC district | 8A |
| Lease number | 66220 |
| Wellbores | 34 |
| Reported production | 882,368 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $3.8M |
Where GEORGE ALLEN 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.