SPEAR POINT 1H
SPEAR POINT 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 May 2016 to August 2026, totalling 249,140 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 $1.5M, with roughly $340K 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 528 barrels a month. Its strongest month on the record we hold was September 2016, at 14,052 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 SPEAR POINT 1H
- Who operates SPEAR POINT 1H?
- SPEAR POINT 1H is operated by Cabot Oil & Gas Corporation, Railroad Commission of Texas operator number 121700.
- Where is SPEAR POINT 1H?
- SPEAR POINT 1H is a Texas oil lease in Frio County, Texas, in Railroad Commission district 01. Its Railroad Commission lease number is 18775.
- Is SPEAR POINT 1H still producing?
- SPEAR POINT 1H is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SPEAR POINT 1H is August 2026.
- How much has SPEAR POINT 1H produced?
- SPEAR POINT 1H has reported 249,140 barrels of oil (bbl) to the Railroad Commission of Texas between May 2016 and August 2026, from 1 wellbore.
- How much is SPEAR POINT 1H worth?
- The remaining production from SPEAR POINT 1H is estimated to be worth about $1.5M in total as of 26 August 2026, within a range of $1.1M to $1.8M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SPEAR POINT 1H is a fraction of it. The estimate fits an Arps decline curve to the production SPEAR POINT 1H has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SPEAR POINT 1H is an estimate of value, not an offer and not an appraisal.
- How much income does SPEAR POINT 1H generate in a year?
- SPEAR POINT 1H is forecast to net about $340K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SPEAR POINT 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 | 18775 |
| Wellbores | 1 |
| Reported production | 249,140 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $1.5M |
Where SPEAR POINT 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.