George Unit

Oil & Gas Property in Karnes County, TX

Property Summary

Key data points for George Unit

CountyKarnes County, TX
Production DatesJan 1993 - Aug 2024
Total Oil Production177,395 BBLs
Total Gas Production67,338 MCF
Recent Oil Production280 BBLs in Jul 2024
Recent Gas Production0 MCF in Jul 2024
Wells on Property2

Our Valuation Estimates for George Unit

ShaleAssessment

Not Available

MarketMultiple

$21,010 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

George Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for George Unit
from Jan 1993 to Aug 2024

Wells on George Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-255-31281GEORGE UNIT 1 1VSP OPERATING, LLCProducingKarnes County, TX29.166700-97.735775
42-255-31383GEORGE UNIT 2VSP OPERATING, LLCProducingKarnes County, TX29.162006-97.749464

Leases included in George Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.
01-13177GEORGE UNIT 1VSP OPERATING, LLCKarnes County, TX
01-14179GEORGE UNITVSP OPERATING, LLCKarnes County, TX
01-14255GEORGE UNIT 4MODERN EXPLORATION, INC.Karnes County, TX

Operators Associated With George Unit

Nearby Properties

These are the closest 20 properties to the George Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
ChinstrapKarnes County, TX3,268 BBLs6,180 MCFAug 2024
Cochran UnitKarnes County, TX11,181 BBLs11,443 MCFAug 2024
Colleen UnitKarnes County, TX2,047 BBLs237 MCFAug 2024
CottonwoodKarnes County, TX33,912 BBLs16,517 MCFAug 2024
Earp UnitKarnes County, TX8,255 BBLs8,256 MCFAug 2024
Eckert UnitKarnes County, TX5,008 BBLs5,289 MCFAug 2024
Georg (Karnes County, TX15,023 BBLs5,371 MCFAug 2024
Gramm UnitKarnes County, TX20,919 BBLs9,342 MCFAug 2024
Inman UnitKarnes County, TX9,619 BBLs18,537 MCFAug 2024
Ivey UnitKarnes County, TX3,245 BBLs3,281 MCFAug 2024
JulieKarnes County, TX6,635 BBLs2,511 MCFAug 2024
Lee UnitKarnes County, TX1,564 BBLs507 MCFAug 2024
Little BlueKarnes County, TX21,063 BBLs45,568 MCFAug 2024
MapleKarnes County, TX8,528 BBLs7,442 MCFAug 2024
NanceKarnes County, TX1,142 BBLs854 MCFAug 2024
Richter A UnitKarnes County, TX6,974 BBLs4,785 MCFAug 2024
Richter North UnitKarnes County, TX2,280 BBLs1,253 MCFAug 2024
Ringo UnitKarnes County, TX15,992 BBLs12,856 MCFAug 2024
Rutter Ranch UnitKarnes County, TX14,958 BBLs15,476 MCFAug 2024
Stieren RanchKarnes County, TX1,444 BBLs236 MCFAug 2024

Owners of George Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024VSP OPERATING LLCGEORGE UNIT 1 W#1VSP OPERATING LLC
2024VSP OPERATING LLCGEORGE UNIT W#2VSP OPERATING LLC

Oil & Gas Sales on George Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
01-13177GEORGE UNIT 1Aug 2024TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Jul 2024TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Jun 2024TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1May 2024TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Apr 2024TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Nov 2023TRUTH RESOURCES, L.P.
01-14179GEORGE UNITNov 2023TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Jul 2023TRUTH RESOURCES, L.P.
01-14179GEORGE UNITMar 2023TRUTH RESOURCES, L.P.
01-14179GEORGE UNITJan 2023TRUTH RESOURCES, L.P.
01-14179GEORGE UNITDec 2022TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Oct 2022TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Aug 2022TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Jun 2022TRUTH RESOURCES, L.P.
01-14179GEORGE UNITMay 2022TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1May 2022TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Apr 2022TRUTH RESOURCES, L.P.
01-14179GEORGE UNITApr 2022TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Mar 2022TRUTH RESOURCES, L.P.
01-14179GEORGE UNITFeb 2022TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Feb 2022TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Jan 2022TRUTH RESOURCES, L.P.
01-14179GEORGE UNITDec 2021TRUTH RESOURCES, L.P.
01-14179GEORGE UNITNov 2021TRUTH RESOURCES, L.P.
01-14179GEORGE UNITOct 2021TRUTH RESOURCES, L.P.