GALINDO, FRED
GALINDO, FRED is a Texas oil lease in Bexar County, Railroad Commission district 01, operated by Lucros International Corporation. It has 8 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 6,344 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 $144K, with roughly $28K 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 23 barrels a month, about 3 per wellbore. Its strongest month on the record we hold was March 2024, at 83 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 GALINDO, FRED
- Who operates GALINDO, FRED?
- GALINDO, FRED is operated by Lucros International Corporation, Railroad Commission of Texas operator number 512231.
- Where is GALINDO, FRED?
- GALINDO, FRED is a Texas oil lease in Bexar County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 09330.
- Is GALINDO, FRED still producing?
- GALINDO, FRED is currently producing. The most recent month of production reported to the Railroad Commission of Texas for GALINDO, FRED is August 2026.
- How much has GALINDO, FRED produced?
- GALINDO, FRED has reported 6,344 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 8 wellbores.
- How much is GALINDO, FRED worth?
- The remaining production from GALINDO, FRED is estimated to be worth about $144K in total as of 26 August 2026, within a range of $79K to $209K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GALINDO, FRED is a fraction of it. The estimate fits an Arps decline curve to the production GALINDO, FRED has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GALINDO, FRED is an estimate of value, not an offer and not an appraisal.
- How much income does GALINDO, FRED generate in a year?
- GALINDO, FRED is forecast to net about $28K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GALINDO, FRED receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lucros International Corporation |
|---|---|
| Field | Somerset |
| County | Bexar County, Texas |
| RRC district | 01 |
| Lease number | 09330 |
| Wellbores | 8 |
| Reported production | 6,344 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $144K |
Where GALINDO, FRED 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.