George Unit

Oil & Gas Property in Karnes County, TX

Property Summary

Key data points for George Unit

CountyKarnes County, TX
Production DatesJan 1993 - Mar 2025
Total Oil Production178,804 BBLs
Total Gas Production67,338 MCF
Recent Oil Production23 BBLs in Mar 2025
Recent Gas Production0 MCF in Mar 2025
Wells on Property2

Our Valuation Estimates for George Unit

ShaleAssessment

Not Available

MarketMultiple

$27,804 **

* 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 Mar 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, TX286 BBLs643 MCFApr 2025
Cochran UnitKarnes County, TX10,538 BBLs10,112 MCFApr 2025
Colleen UnitKarnes County, TX2,030 BBLs1,584 MCFApr 2025
CottonwoodKarnes County, TX15,881 BBLs11,871 MCFApr 2025
Earp UnitKarnes County, TX7,678 BBLs9,534 MCFApr 2025
Georg (Karnes County, TX13,927 BBLs2,499 MCFApr 2025
Gramm UnitKarnes County, TX12,063 BBLs48,990 MCFApr 2025
Hopson UnitKarnes County, TX318 BBLs77 MCFApr 2025
Inman UnitKarnes County, TX6,986 BBLs10,028 MCFApr 2025
Ivey UnitKarnes County, TX1,764 BBLs5,785 MCFApr 2025
JulieKarnes County, TX19,411 BBLs414 MCFApr 2025
LamzaKarnes County, TX7,003 BBLs6,756 MCFApr 2025
Lee UnitKarnes County, TX883 BBLs252 MCFApr 2025
Little BlueKarnes County, TX14,826 BBLs32,436 MCFApr 2025
MapleKarnes County, TX4,967 BBLs4,620 MCFApr 2025
Richter A UnitKarnes County, TX2,818 BBLs13,550 MCFApr 2025
Richter North UnitKarnes County, TX1,534 BBLs5,301 MCFApr 2025
Ringo UnitKarnes County, TX12,186 BBLs15,079 MCFApr 2025
Rutter Ranch UnitKarnes County, TX13,765 BBLs16,563 MCFApr 2025
Stieren RanchKarnes County, TX2,572 BBLs236 MCFApr 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 1Mar 2025TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Jan 2025TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Dec 2024TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Nov 2024TRUTH RESOURCES, L.P.
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.
01-14179GEORGE UNITNov 2023TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Nov 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.
01-13177GEORGE UNIT 1Apr 2022TRUTH RESOURCES, L.P.
01-14179GEORGE UNITApr 2022TRUTH RESOURCES, L.P.
01-13177GEORGE UNIT 1Mar 2022TRUTH RESOURCES, L.P.