GALILEO 1H
GALILEO 1H is a Texas oil lease in Frio County, Railroad Commission district 01, operated by Cabot Oil & Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from February 2016 to August 2026, totalling 292,114 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 $4K, with roughly $2K 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 256 barrels a month. Its strongest month on the record we hold was May 2016, at 14,528 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 GALILEO 1H
- Who operates GALILEO 1H?
- GALILEO 1H is operated by Cabot Oil & Gas Corporation, Railroad Commission of Texas operator number 121700.
- Where is GALILEO 1H?
- GALILEO 1H is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18737.
- Is GALILEO 1H still producing?
- GALILEO 1H is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GALILEO 1H is August 2026.
- How much has GALILEO 1H produced?
- GALILEO 1H has reported 292,114 barrels of oil (bbl) to the Railroad Commission of Texas between February 2016 and August 2026, from 1 wellbore.
- How much is GALILEO 1H worth?
- The remaining production from GALILEO 1H is estimated to be worth about $4K in total as of 26 August 2026, within a range of $3K to $5K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GALILEO 1H is a fraction of it. The estimate fits an Arps decline curve to the production GALILEO 1H has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GALILEO 1H is an estimate of value, not an offer and not an appraisal.
- How much income does GALILEO 1H generate in a year?
- GALILEO 1H is forecast to net about $2K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GALILEO 1H receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cabot Oil & Gas Corporation |
|---|---|
| Field | Briscoe Ranch (Eagleford) |
| County | Frio County, Texas |
| RRC district | 01 |
| Lease number | 18737 |
| Wellbores | 1 |
| Reported production | 292,114 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $4K |
Where GALILEO 1H 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.