GEORGE NEEL (EF)
GEORGE NEEL (EF) is a Texas gas lease in Webb County, Railroad Commission district 01, operated by Laredo Energy. It has 1 wellbore on file with the Commission. Reported production runs from January 2012 to August 2026, totalling 1,403,568 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 $419K, with roughly $63K 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 2,811 thousand cubic feet a month. Its strongest month on the record we hold was March 2017, at 7,757 thousand cubic feet. 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 NEEL (EF)
- Who operates GEORGE NEEL (EF)?
- GEORGE NEEL (EF) is operated by Laredo Energy, Railroad Commission of Texas operator number 486543.
- Where is GEORGE NEEL (EF)?
- GEORGE NEEL (EF) is a Texas gas lease in Webb County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 266972.
- Is GEORGE NEEL (EF) still producing?
- GEORGE NEEL (EF) is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GEORGE NEEL (EF) is August 2026.
- How much has GEORGE NEEL (EF) produced?
- GEORGE NEEL (EF) has reported 1,403,568 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between January 2012 and August 2026, from 1 wellbore.
- How much is GEORGE NEEL (EF) worth?
- The remaining production from GEORGE NEEL (EF) is estimated to be worth about $419K in total as of 26 August 2026, within a range of $348K to $491K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GEORGE NEEL (EF) is a fraction of it. The estimate fits an Arps decline curve to the production GEORGE NEEL (EF) has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GEORGE NEEL (EF) is an estimate of value, not an offer and not an appraisal.
- How much income does GEORGE NEEL (EF) generate in a year?
- GEORGE NEEL (EF) is forecast to net about $63K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GEORGE NEEL (EF) receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Laredo Energy |
|---|---|
| Field | Hawkville (Eagleford Shale) |
| County | Webb County, Texas |
| RRC district | 01 |
| Lease number | 266972 |
| Wellbores | 1 |
| Reported production | 1,403,568 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $419K |
Where GEORGE NEEL (EF) 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.