GALATIAN
GALATIAN is a Texas oil lease in Runnels County, Railroad Commission district 7C, operated by Del Mar Energy, Inc. It has 1 wellbore on file with the Commission. Reported production runs from July 2013 to August 2026, totalling 28,442 barrels. The lease is intermittent. 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 $638K, with roughly $123K 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 204 barrels a month. Its strongest month on the record we hold was May 2017, at 370 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 GALATIAN
- Who operates GALATIAN?
- GALATIAN is operated by Del Mar Energy, Inc., Railroad Commission of Texas operator number 212915.
- Where is GALATIAN?
- GALATIAN is a Texas oil lease in Runnels County, Texas, in Railroad Commission district 7C. Its Railroad Commission lease number is 18261.
- Is GALATIAN still producing?
- GALATIAN is intermittent. The most recent month of production reported to the Railroad Commission of Texas for GALATIAN is August 2026.
- How much has GALATIAN produced?
- GALATIAN has reported 28,442 barrels of oil (bbl) to the Railroad Commission of Texas between July 2013 and August 2026, from 1 wellbore.
- How much is GALATIAN worth?
- The remaining production from GALATIAN is estimated to be worth about $638K in total as of 26 August 2026, within a range of $498K to $778K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in GALATIAN is a fraction of it. The estimate fits an Arps decline curve to the production GALATIAN has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for GALATIAN is an estimate of value, not an offer and not an appraisal.
- How much income does GALATIAN generate in a year?
- GALATIAN is forecast to net about $123K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in GALATIAN receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Del Mar Energy, Inc. |
|---|---|
| Field | Cockatoo (Gardner) |
| County | Runnels County, Texas |
| RRC district | 7C |
| Lease number | 18261 |
| Wellbores | 1 |
| Reported production | 28,442 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $638K |
Where GALATIAN 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.