---
title: "Galilee Energy launches first U.S. Gulf Coast drilling campaign with Zydeco-1"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294423951.md"
description: "Galilee Energy has commenced its first U.S. Gulf Coast drilling campaign with the Zydeco-1 well in Louisiana, spudded on July 1, 2026. The project targets Upper and Lower Tweedle gas and condensate intervals. Optimized well design and a fixed-price contract with RFC Drilling aim to reduce costs and scheduling risks. This move underscores Galilee's strategic expansion into the region, supported by local expertise."
datetime: "2026-07-30T22:33:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294423951.md)
  - [en](https://longbridge.com/en/news/294423951.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294423951.md)
generator: "portal-rs"
---

# Galilee Energy launches first U.S. Gulf Coast drilling campaign with Zydeco-1

The latest update is out from Galilee Energy Limited ( (AU:GLL) ).

Galilee Energy has completed engineering, regulatory and site preparation work for the Zydeco-1 well at its Zydeco Oil & Gas Project in Acadia Parish, Louisiana. The well was spudded on 1 July 2026, marking the start of the company’s first U.S. Gulf Coast drilling campaign targeting the Upper and Lower Tweedle gas and condensate intervals.

The company optimised the well design, including a revised casing configuration that is expected to cut tubular costs by about US$100,000 and deliver further savings on mud volumes and cuttings disposal. It secured state regulatory approval and a fixed-price drilling contract with RFC Drilling’s Rig 103, reducing scheduling risk in a busy Gulf Coast market and providing cost certainty for the initial 10,000-foot drilling program.

Site civil works, including access road, drilling pad and equipment staging areas, were completed by late June, allowing timely rig mobilisation and pre-spud activities within budget. The campaign is supported by a US Advisory Board and the appointment of experienced Gulf Coast geologist Jenni Kessler, underscoring Galilee’s strategic move to build a stronger operational and technical presence in the region.

The most recent analyst rating on (AU:GLL) stock is a Hold  
 with a A$0.03 price target.  
 To see the full list of analyst forecasts on Galilee Energy Limited stock,  
 see the AU:GLL Stock Forecast page. 

**More about Galilee Energy Limited**

Galilee Energy Limited is an Australian-listed oil and gas explorer with a growing focus on the U.S. Gulf Coast. The company is advancing the Zydeco Oil & Gas Project in Louisiana, targeting gas and condensate resources and leveraging a US Advisory Board and specialised Gulf Coast geological expertise to support its expansion.

**Technical Sentiment Signal:** Sell

**Current Market Cap:** A$10.87M

Find detailed analytics on GLL stock on TipRanks’ Stock Analysis page.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**