George Unit

Oil & Gas Property in Karnes County, TX

Property Summary

Key data points for George Unit

CountyKarnes County, TX
Production DatesJan 1993 - Jan 2025
Total Oil Production178,627 BBLs
Total Gas Production67,348 MCF
Recent Oil Production235 BBLs in Dec 2024
Recent Gas Production0 MCF in Dec 2024
Wells on Property2

Our Valuation Estimates for George Unit

ShaleAssessment

Not Available

MarketMultiple

$33,326 **

* 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 Jan 2025

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
Caraway UnitKarnes County, TX343 BBLs1,213 MCFJan 2025
ChinstrapKarnes County, TX2,233 BBLs3,969 MCFJan 2025
Cochran UnitKarnes County, TX11,645 BBLs11,767 MCFJan 2025
Colleen UnitKarnes County, TX1,604 BBLs46 MCFJan 2025
CottonwoodKarnes County, TX19,390 BBLs11,725 MCFJan 2025
Earp UnitKarnes County, TX8,105 BBLs10,852 MCFJan 2025
Georg (Karnes County, TX14,836 BBLs3,999 MCFJan 2025
Gramm UnitKarnes County, TX13,823 BBLs64,743 MCFJan 2025
Inman UnitKarnes County, TX7,452 BBLs11,197 MCFJan 2025
Ivey UnitKarnes County, TX2,207 BBLs2,763 MCFJan 2025
JulieKarnes County, TX21,698 BBLs2,448 MCFJan 2025
Lee UnitKarnes County, TX1,176 BBLs387 MCFJan 2025
Little BlueKarnes County, TX14,898 BBLs27,106 MCFJan 2025
MapleKarnes County, TX6,794 BBLs6,549 MCFJan 2025
NanceKarnes County, TX497 BBLs900 MCFJan 2025
Richter A UnitKarnes County, TX3,091 BBLs11,541 MCFJan 2025
Richter North UnitKarnes County, TX1,562 BBLs6,985 MCFJan 2025
Ringo UnitKarnes County, TX15,698 BBLs17,443 MCFJan 2025
Rutter Ranch UnitKarnes County, TX14,180 BBLs18,032 MCFJan 2025
Stieren RanchKarnes County, TX2,708 BBLs951 MCFJan 2025

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 1Oct 2024TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Sep 2024TRUTH RESOURCES, L.P.
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.
01-13177GEORGE UNIT 1May 2022TRUTH RESOURCES, L.P.
01-14179GEORGE UNITMay 2022TRUTH RESOURCES, L.P.
01-14179GEORGE UNITApr 2022TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Apr 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.