BEAL, GEORGE E.
BEAL, GEORGE E. is a Texas gas lease in Lipscomb County, Railroad Commission district 10, operated by Midgard Energy Company. It has 1 wellbore on file with the Commission. Reported production runs from May 1997 to August 2026, totalling 827,532 thousand cubic feet. 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 $37K, with roughly $6K 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 275 thousand cubic feet a month. Its strongest month on the record we hold was December 2019, at 907 thousand cubic feet. 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 BEAL, GEORGE E.
- Who operates BEAL, GEORGE E.?
- BEAL, GEORGE E. is operated by Midgard Energy Company, Railroad Commission of Texas operator number 565050.
- Where is BEAL, GEORGE E.?
- BEAL, GEORGE E. is a Texas gas lease in Lipscomb County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 164434.
- Is BEAL, GEORGE E. still producing?
- BEAL, GEORGE E. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BEAL, GEORGE E. is August 2026.
- How much has BEAL, GEORGE E. produced?
- BEAL, GEORGE E. has reported 827,532 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between May 1997 and August 2026, from 1 wellbore.
- How much is BEAL, GEORGE E. worth?
- The remaining production from BEAL, GEORGE E. is estimated to be worth about $37K in total as of 26 August 2026, within a range of $29K to $45K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BEAL, GEORGE E. is a fraction of it. The estimate fits an Arps decline curve to the production BEAL, GEORGE E. has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BEAL, GEORGE E. is an estimate of value, not an offer and not an appraisal.
- How much income does BEAL, GEORGE E. generate in a year?
- BEAL, GEORGE E. is forecast to net about $6K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in BEAL, GEORGE E. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Midgard Energy Company |
|---|---|
| Field | Lipscomb, S. W. (Cleveland) |
| County | Lipscomb County, Texas |
| RRC district | 10 |
| Lease number | 164434 |
| Wellbores | 1 |
| Reported production | 827,532 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $37K |
Where BEAL, GEORGE E. 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.