GALVAN RANCH "H"

Name: GALVAN RANCH "H" lease production and value, Dec 2003 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by LEWIS PETRO PROPERTIES, INC. (P-5 499978) in the GALAN (EDWARDS LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 206953District 04Field 33748500Hydrogen sulphide field2 tax incentive programmesCondensateGasSave Export

Value, all time

$1.5 M

Dec 2003 – Sep 2016

Value, last 12 filed months

at the published price for each month

Months reported

154

no gaps in the span

Streams

condensate, gas

The GALAN (EDWARDS LIME) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 8 leases and 8 wells, and the rule below applies to all of them.

Discovered

1958-08-30

as the register files it

Field class

Gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2005-04-25.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: “PER DOCKET #04-0241791 RULES TEMP UNTL 5-1-06”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2006-03-07	161857
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Condensate	Disposition	1 bbl	$103
Gas	Production	220,548 Mcf	$1,454,381
Total			$1,454,483

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.8887, -99.8926. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.88872, -99.89262 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

8,794 ft

1 wells filed one

Completion to plug

10.7 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,794 ft.

Completions filed

Jan 2006

1 of 1 wells

Plug dates filed

Sep 2016

1 of 1 wells

Last completion to plug: a median of 10.7 years across the 1 well that filed both dates, with the middle half between 10.7 years and 10.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-47938536	2	8,794 ft	Jan 2006	Sep 2016	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (154)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

154 months


Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	271	56.15	2.88	$781
May 2015	0	212	55.21	2.96	$627
Apr 2015	0	141	49.82	2.71	$382
Mar 2015	0	90	42.89	2.93	$264
Feb 2015	0	320	44.66	2.98	$952
Jan 2015	0	304	43.43	3.10	$943
Dec 2014	0	257	54.69	3.59	$923
Nov 2014	0	172	70.46	4.25	$731
Oct 2014	0	354	78.30	3.90	$1,381
Sep 2014	0	332	86.16	4.05	$1,343
Aug 2014	0	302	89.39	4.04	$1,219
Jul 2014	0	325	96.56	4.18	$1,358
Jun 2014	0	381	98.16	4.74	$1,805
May 2014	0	138	94.73	4.73	$652
Apr 2014	0	38	95.94	4.81	$183
Mar 2014	0	49	95.89	5.06	$248
Feb 2014	0	28	97.40	6.19	$173
Jan 2014	0	85	90.40	4.86	$413
Dec 2013	0	92	91.82	4.35	$401
Nov 2013	0	28	88.85	3.74	$105
Oct 2013	0	161	97.42	3.78	$608
Sep 2013	0	329	104.11	3.72	$1,223
Aug 2013	0	37	104.25	3.52	$130
Jul 2013	1	1	102.52	3.72	$106
Jun 2013	0	53	94.40	3.93	$208
May 2013	0	68	94.83	4.15	$282
Apr 2013	0	201	93.96	4.28	$861
Mar 2013	0	228	93.62	3.91	$892
Feb 2013	0	32	91.23	3.42	$109
Jan 2013	0	6	91.60	3.42	$21
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	39	89.38	3.40	$133
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	93	92.66	2.91	$270
Jul 2012	0	104	85.13	3.02	$314
Jun 2012	0	159	79.82	2.52	$401
May 2012	0	149	91.61	2.49	$371
Apr 2012	0	333	101.65	2.00	$665
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	166	101.10	2.57	$427
Jan 2012	0	463	98.09	2.73	$1,266
Dec 2011	0	451	96.87	3.24	$1,461
Nov 2011	0	375	95.72	3.31	$1,242
Oct 2011	0	581	84.98	3.65	$2,120
Sep 2011	0	745	83.62	3.99	$2,969
Aug 2011	0	336	83.40	4.15	$1,394
Jul 2011	0	605	94.14	4.52	$2,733
Jun 2011	0	1,389	92.90	4.64	$6,445
May 2011	0	733	98.13	4.40	$3,229
Apr 2011	0	1,051	105.96	4.33	$4,554
Mar 2011	0	1,064	96.36	4.06	$4,317
Feb 2011	0	1,364	85.64	4.18	$5,701
Jan 2011	0	1,479	86.50	4.59	$6,787
Dec 2010	0	1,827	85.73	4.35	$7,943
Nov 2010	0	1,900	80.84	3.80	$7,211
Oct 2010	0	1,881	78.10	3.51	$6,600
Sep 2010	0	1,984	72.63	3.98	$7,895
Aug 2010	0	2,259	73.68	4.42	$9,983
Jul 2010	0	1,705	72.55	4.74	$8,076
Jun 2010	0	1,113	70.36	4.91	$5,465
May 2010	0	1,131	71.12	4.24	$4,790
Apr 2010	0	1,118	81.69	4.12	$4,609
Mar 2010	0	1,262	78.39	4.39	$5,539
Feb 2010	0	1,482	73.58	5.44	$8,066
Jan 2010	0	1,230	74.36	5.96	$7,336
Dec 2009	0	1,314	71.44	5.48	$7,206
Nov 2009	0	1,962	74.59	3.75	$7,360
Oct 2009	0	2,031	72.54	4.11	$8,348
Sep 2009	0	1,884	65.54	3.06	$5,774
Aug 2009	0	1,898	67.42	3.22	$6,109
Jul 2009	0	1,914	61.13	3.46	$6,631
Jun 2009	0	1,827	66.16	3.90	$7,116
May 2009	0	1,918	54.74	3.93	$7,530
Apr 2009	0	2,151	46.77	3.59	$7,717
Mar 2009	0	2,049	42.14	4.06	$8,317
Feb 2009	0	1,800	32.81	4.63	$8,339
Jan 2009	0	1,416	35.86	5.37	$7,605
Dec 2008	0	1,831	37.10	5.98	$10,944
Nov 2008	0	1,816	55.49	6.86	$12,458
Oct 2008	0	2,430	75.24	6.92	$16,820
Sep 2008	0	2,368	101.76	7.88	$18,653
Aug 2008	0	2,524	114.22	8.48	$21,411
Jul 2008	0	3,015	131.08	11.39	$34,339
Jun 2008	0	2,934	131.33	13.03	$38,238
May 2008	0	3,219	123.17	11.57	$37,258
Apr 2008	0	3,063	110.31	10.45	$32,023
Mar 2008	0	3,331	101.90	9.66	$32,191
Feb 2008	0	3,302	92.53	8.77	$28,960
Jan 2008	0	3,440	90.38	8.21	$28,228
Dec 2007	0	3,334	88.33	7.30	$24,345
Nov 2007	0	3,121	91.67	7.29	$22,757
Oct 2007	0	3,530	82.85	6.92	$24,435
Sep 2007	0	3,094	75.84	6.24	$19,319
Aug 2007	0	3,471	69.06	6.39	$22,173
Jul 2007	0	3,387	70.90	6.39	$21,636
Jun 2007	0	3,521	62.00	7.55	$26,578
May 2007	0	3,068	58.74	7.85	$24,072
Apr 2007	0	3,692	59.61	7.81	$28,817
Mar 2007	0	3,345	56.92	7.30	$24,425
Feb 2007	0	3,118	55.10	8.22	$25,617
Jan 2007	0	3,020	50.30	6.73	$20,315
Dec 2006	0	3,514	56.65	6.92	$24,311
Nov 2006	0	3,251	54.20	7.62	$24,764
Oct 2006	0	3,915	54.90	6.01	$23,544
Sep 2006	0	3,238	60.08	5.04	$16,310
Aug 2006	0	4,015	68.71	7.34	$29,470
Jul 2006	0	3,629	69.37	6.34	$23,018
Jun 2006	0	4,197	66.28	6.38	$26,793
May 2006	0	4,464	66.01	6.42	$28,681
Apr 2006	0	5,517	64.39	7.36	$40,608
Mar 2006	0	6,439	56.70	7.08	$45,607
Feb 2006	0	7,555	57.59	7.75	$58,560
Jan 2006	0	4,416	60.59	8.93	$39,450
Dec 2005	0	251	54.94	13.42	$3,367
Nov 2005	0	645	54.69	10.59	$6,830
Oct 2005	0	1,163	58.34	13.80	$16,044
Sep 2005	0	211	61.45	12.08	$2,549
Aug 2005	0	510	61.51	9.80	$4,996
Jul 2005	0	960	55.69	7.84	$7,530
Jun 2005	0	877	52.33	7.38	$6,473
May 2005	0	1,067	45.22	6.65	$7,097
Apr 2005	0	1,116	49.20	7.36	$8,214
Mar 2005	0	742	50.37	7.15	$5,309
Feb 2005	0	1,047	45.22	6.31	$6,609
Jan 2005	0	1,269	43.16	6.32	$8,023
Dec 2004	0	1,522	39.86	6.75	$10,275
Nov 2004	0	516	45.28	6.33	$3,267
Oct 2004	0	1,284	49.70	6.52	$8,365
Sep 2004	0	1,303	43.24	5.28	$6,885
Aug 2004	0	1,432	42.37	5.55	$7,949
Jul 2004	0	2,085	38.28	6.08	$12,686
Jun 2004	0	1,622	36.10	6.43	$10,434
May 2004	0	2,014	37.48	6.49	$13,080
Apr 2004	0	2,051	34.47	5.86	$12,016
Mar 2004	0	2,196	34.36	5.53	$12,144
Feb 2004	0	2,578	32.45	5.51	$14,204
Jan 2004	0	3,963	32.03	6.30	$24,965
Dec 2003	0	3,230	30.26	6.30	$20,354

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jun 2015 — as filed, then multipliedworked

Condensate             0 bbl  × $ 56.15 =         $0
Gas                  271 Mcf  × $  2.88 =       $781

────────────────────────────────────────────────────
Month total                                     $781

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/206953 is the state's own key, not one this site invented.