GAP 1H
GAP 1H is a Texas oil lease in Atascosa 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 2017 to August 2026, totalling 305,835 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 $2.6M, with roughly $610K 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 806 barrels a month. Its strongest month on the record we hold was March 2017, at 12,045 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 GAP 1H
- Who operates GAP 1H?
- GAP 1H is operated by Cabot Oil & Gas Corporation, Railroad Commission of Texas operator number 121700.
- Where is GAP 1H?
- GAP 1H is a Texas oil lease in Atascosa County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18934.
- Is GAP 1H still producing?
- GAP 1H is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GAP 1H is August 2026.
- How much has GAP 1H produced?
- GAP 1H has reported 305,835 barrels of oil (bbl) to the Railroad Commission of Texas between February 2017 and August 2026, from 1 wellbore.
- How much is GAP 1H worth?
- The remaining production from GAP 1H is estimated to be worth about $2.6M in total as of 27 August 2026, within a range of $2.0M to $3.1M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GAP 1H is a fraction of it. The estimate fits an Arps decline curve to the production GAP 1H has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GAP 1H is an estimate of value, not an offer and not an appraisal.
- How much income does GAP 1H generate in a year?
- GAP 1H is forecast to net about $610K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in GAP 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 | Atascosa County, Texas |
| RRC district | 01 |
| Lease number | 18934 |
| Wellbores | 1 |
| Reported production | 305,835 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $2.6M |
Where GAP 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.