GALAXY UNIT

GALAXY UNIT is a Texas oil lease in Atascosa County, Railroad Commission district 01, operated by Eog Resources, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2016 to August 2026, totalling 306,258 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 $1.7M, with roughly $479K 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 721 barrels a month. Its strongest month on the record we hold was August 2016, at 22,498 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 GALAXY UNIT

Who operates GALAXY UNIT?
GALAXY UNIT is operated by Eog Resources, Inc., Railroad Commission of Texas operator number 253162.
Where is GALAXY UNIT?
GALAXY UNIT is a Texas oil lease in Atascosa County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18816.
Is GALAXY UNIT still producing?
GALAXY UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GALAXY UNIT is August 2026.
How much has GALAXY UNIT produced?
GALAXY UNIT has reported 306,258 barrels of oil (bbl) to the Railroad Commission of Texas between July 2016 and August 2026, from 1 wellbore.
How much is GALAXY UNIT worth?
The remaining production from GALAXY UNIT is estimated to be worth about $1.7M in total as of 26 August 2026, within a range of $1.4M to $2.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GALAXY UNIT is a fraction of it. The estimate fits an Arps decline curve to the production GALAXY UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GALAXY UNIT is an estimate of value, not an offer and not an appraisal.
How much income does GALAXY UNIT generate in a year?
GALAXY UNIT is forecast to net about $479K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GALAXY UNIT receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

GALAXY UNIT as filed with the Railroad Commission of Texas
OperatorEog Resources, Inc.
FieldEagleville (Eagle Ford-1)
CountyAtascosa County, Texas
RRC district01
Lease number18816
Wellbores1
Reported production306,258 bbl
First reported
Last reported
Estimated royalty value$1.7M

Where GALAXY UNIT 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.