GEORGE
GEORGE is a Texas oil lease in San Patricio County, Railroad Commission district 04, operated by Mortimer Production Company. It has 2 wellbores on file with the Commission. Reported production runs from May 2004 to August 2026, totalling 102,450 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 $805K, with roughly $155K 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 219 barrels a month, about 109 per wellbore. Its strongest month on the record we hold was May 2019, at 451 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 GEORGE
- Who operates GEORGE?
- GEORGE is operated by Mortimer Production Company, Railroad Commission of Texas operator number 589954.
- Where is GEORGE?
- GEORGE is a Texas oil lease in San Patricio County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 13241.
- Is GEORGE still producing?
- GEORGE is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GEORGE is August 2026.
- How much has GEORGE produced?
- GEORGE has reported 102,450 barrels of oil (bbl) to the Railroad Commission of Texas between May 2004 and August 2026, from 2 wellbores.
- How much is GEORGE worth?
- The remaining production from GEORGE is estimated to be worth about $805K in total as of 27 August 2026, within a range of $628K to $982K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GEORGE is a fraction of it. The estimate fits an Arps decline curve to the production GEORGE has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GEORGE is an estimate of value, not an offer and not an appraisal.
- How much income does GEORGE generate in a year?
- GEORGE is forecast to net about $155K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GEORGE receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mortimer Production Company |
|---|---|
| Field | Het (2700) |
| County | San Patricio County, Texas |
| RRC district | 04 |
| Lease number | 13241 |
| Wellbores | 2 |
| Reported production | 102,450 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $805K |
Where 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.