GEORGE UNIT 1
GEORGE UNIT 1 is a Texas oil lease in Karnes County, Railroad Commission district 01, operated by Tuskar (Texas), Inc. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 84,198 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 $142K, with roughly $27K 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 18 barrels a month. Its strongest month on the record we hold was May 2018, at 1,565 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 GEORGE UNIT 1
- Who operates GEORGE UNIT 1?
- GEORGE UNIT 1 is operated by Tuskar (Texas), Inc., Railroad Commission of Texas operator number 874695.
- Where is GEORGE UNIT 1?
- GEORGE UNIT 1 is a Texas oil lease in Karnes County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 13177.
- Is GEORGE UNIT 1 still producing?
- GEORGE UNIT 1 is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GEORGE UNIT 1 is August 2026.
- How much has GEORGE UNIT 1 produced?
- GEORGE UNIT 1 has reported 84,198 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is GEORGE UNIT 1 worth?
- The remaining production from GEORGE UNIT 1 is estimated to be worth about $142K in total as of 26 August 2026, within a range of $78K to $206K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GEORGE UNIT 1 is a fraction of it. The estimate fits an Arps decline curve to the production GEORGE UNIT 1 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GEORGE UNIT 1 is an estimate of value, not an offer and not an appraisal.
- How much income does GEORGE UNIT 1 generate in a year?
- GEORGE UNIT 1 is forecast to net about $27K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GEORGE UNIT 1 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Tuskar (Texas), Inc. |
|---|---|
| Field | First Shot (Austin Chalk) |
| County | Karnes County, Texas |
| RRC district | 01 |
| Lease number | 13177 |
| Wellbores | 1 |
| Reported production | 84,198 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $142K |
Where GEORGE UNIT 1 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.