GALVAN

Operated by PETROVYBE OPCO LLC (P-5 101779) in the LAS TIENDAS (OLMOS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 216979District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Jan 2006 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
245
no gaps in the span
Streams
2
condensate, gas

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 754 leases and 754 wells, and the rule below applies to all of them.

Discovered
1974-04-22
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 2011-08-23.

The Commission's schedule remark for this field reads: REMAINS SUSPENDED. FIELD REMAINS SET TO MANUAL REVIEW.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112006-11-29170162
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition887 bbl$58,374
GasProduction408,617 Mcf$2,423,746
Total$2,482,120

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 28.0021, -99.7095. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.00207, -99.70949 · centre of the wells drawn, derived

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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,500 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 6,500 ft.

Completions filed
Jan 2006
1 of 1 wells

1 well

42-47939311B 16,500 ftJan 2006

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 (245)

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

245 months

May 20260325106.413.05$990
Apr 2026027998.932.87$801
Mar 2026028989.753.15$910
Feb 2026021963.503.75$821
Jan 2026023759.138.00$1,896
Dec 2025024956.664.41$1,099
Nov 2025017158.593.93$671
Oct 2025022159.383.30$730
Sep 202506662.743.08$203
Aug 2025026163.933.01$787
Jul 2025020366.743.32$673
Jun 2025020366.483.13$635
May 202505460.553.23$175
Apr 202516522662.363.54$11,090
Mar 2025024267.704.27$1,033
Feb 2025025870.884.34$1,120
Jan 2025019174.324.28$817
Dec 2024019268.993.12$599
Nov 2024030369.052.20$666
Oct 202410028371.372.28$7,783
Sep 2024025369.612.36$598
Aug 2024026975.632.06$555
Jul 2024024479.932.15$524
Jun 2024027078.082.63$711
May 2024023578.812.20$517
Apr 2024021784.451.66$360
Mar 2024029480.301.55$454
Feb 2024030876.091.78$549
Jan 2024030073.023.30$989
Dec 2023027371.262.61$713
Nov 2023028777.892.81$806
Oct 2023026285.443.09$809
Sep 2023029889.042.74$815
Aug 2023029880.522.67$797
Jul 2023033574.852.64$885
Jun 2023027968.962.26$630
May 2023034070.622.23$757
Apr 2023030078.122.24$671
Mar 2023034072.852.39$814
Feb 2023034275.112.47$843
Jan 2023044176.533.39$1,494
Dec 2022034776.415.73$1,988
Nov 2022036785.005.65$2,072
Oct 2022033087.185.86$1,935
Sep 2022035984.888.16$2,931
Aug 2022036094.529.13$3,286
Jul 20220367101.587.54$2,768
Jun 20220413115.097.98$3,295
May 20220393109.378.43$3,314
Apr 202282400104.226.84$11,281
Mar 20220495108.885.08$2,513
Feb 2022036191.054.86$1,754
Jan 2022046281.844.54$2,096
Dec 2021043371.323.90$1,688
Nov 2021042877.435.24$2,241
Oct 2021046979.795.71$2,680
Sep 2021021569.865.35$1,150
Aug 2021022466.024.22$945
Jul 2021022370.783.98$888
Jun 2021021569.493.38$727
May 2021022563.483.02$679
Apr 2021024160.362.76$665
Mar 2021024361.302.72$660
Feb 2021019057.805.55$1,054
Jan 20217424350.412.81$4,413
Dec 2020025544.642.68$682
Nov 2020021538.772.71$582
Oct 2020026336.972.48$652
Sep 2020025537.091.99$508
Aug 2020027139.982.39$646
Jul 2020025638.371.83$467
Jun 2020024034.901.69$406
May 2020025216.921.81$457
Apr 20202525014.751.80$820
Mar 2020026030.341.86$483
Feb 2020024549.881.98$485
Jan 2020028857.252.09$603
Dec 2019025259.012.30$581
Nov 20195425555.302.75$3,688
Oct 2019026953.472.42$651
Sep 2019027355.052.66$725
Aug 2019026153.112.30$601
Jul 2019028556.272.46$701
Jun 2019025452.782.49$633
May 2019025958.482.74$710
Apr 2019027262.632.75$748
Mar 201916028256.803.06$9,952
Feb 2019026650.852.79$743
Jan 2019030346.033.23$978
Dec 2018031446.594.19$1,314
Nov 2018031352.934.24$1,326
Oct 2018030861.443.40$1,047
Sep 2018024759.543.11$768
Aug 2018031159.403.07$954
Jul 2018029065.142.93$850
Jun 2018030960.183.08$951
May 2018034265.382.90$992
Apr 2018032463.842.90$940
Mar 2018035961.222.79$1,000
Feb 2018033661.782.77$929
Jan 2018031462.874.01$1,259
Dec 2017034357.272.92$1,002
Nov 2017036955.423.12$1,151
Oct 2017140049.292.98$1,243
Sep 2017139047.523.09$1,252
Aug 2017141645.373.00$1,295
Jul 2017043643.873.09$1,346
Jun 2017145242.493.09$1,438
May 2017150845.373.26$1,703
Apr 2017148547.933.21$1,606
Mar 2017076346.772.98$2,277
Feb 2017151550.452.95$1,571
Jan 2017141249.413.42$1,458
Dec 2016026648.763.72$990
Nov 2016081342.492.64$2,150
Oct 2016550146.193.09$1,779
Sep 2016042041.553.10$1,302
Aug 2016154541.442.92$1,635
Jul 2016080841.622.92$2,363
Jun 2016078245.352.69$2,100
May 2016541942.521.99$1,047
Apr 2016041436.561.99$824
Mar 2016055733.011.79$999
Feb 2016563226.472.06$1,437
Jan 2016063727.352.36$1,506
Dec 2015475932.362.00$1,649
Nov 2015071938.792.17$1,558
Oct 2015078443.552.43$1,902
Sep 2015498142.992.76$2,878
Aug 2015095740.162.87$2,749
Jul 2015077948.152.95$2,294
Jun 2015060856.152.88$1,753
May 2015373155.212.96$2,326
Apr 2015074249.822.71$2,008
Mar 2015054142.892.93$1,588
Feb 2015253444.662.98$1,679
Jan 2015034843.433.10$1,079
Dec 2014057554.693.59$2,065
Nov 2014073070.464.25$3,104
Oct 2014480678.303.90$3,457
Sep 2014484986.164.05$3,779
Aug 2014094489.394.04$3,809
Jul 2014093796.564.18$3,916
Jun 2014089298.164.74$4,225
May 201401,02994.734.73$4,864
Apr 2014394495.944.81$4,828
Mar 2014366395.895.06$3,640
Feb 2014076697.406.19$4,743
Jan 2014071890.404.86$3,490
Dec 2013073591.824.35$3,201
Nov 2013091988.853.74$3,435
Oct 2013092397.423.78$3,488
Sep 201301,102104.113.72$4,097
Aug 20130643104.253.52$2,265
Jul 20130838102.523.72$3,115
Jun 201301,03594.403.93$4,071
May 201301,11294.834.15$4,614
Apr 201301,11193.964.28$4,758
Mar 201301,07293.623.91$4,195
Feb 201301,01891.233.42$3,481
Jan 201301,06891.603.42$3,652
Dec 201201,12386.773.42$3,841
Nov 201201,22986.953.62$4,455
Oct 201201,24789.383.40$4,239
Sep 201201,21194.672.92$3,534
Aug 201201,39992.662.91$4,069
Jul 201201,48485.133.02$4,483
Jun 201201,53479.822.52$3,864
May 201231,50391.612.49$4,015
Apr 201201,670101.652.00$3,335
Mar 201201,797105.052.22$3,993
Feb 201201,645101.102.57$4,228
Jan 201231,97498.092.73$5,691
Dec 201102,16396.873.24$7,008
Nov 201132,11995.723.31$7,304
Oct 201131,75284.983.65$6,647
Sep 201101,53483.623.99$6,114
Aug 201101,96683.404.15$8,158
Jul 20110094.144.52$0
Jun 201131,41692.904.64$6,849
May 20113098.134.40$294
Apr 201101,141105.964.33$4,944
Mar 201131,55896.364.06$6,610
Feb 201131,63185.644.18$7,074
Jan 201161,91886.504.59$9,320
Dec 201002,13085.734.35$9,261
Nov 201001,96980.843.80$7,473
Oct 201002,21078.103.51$7,755
Sep 201032,33272.633.98$9,498
Aug 201002,26773.684.42$10,019
Jul 201022,27272.554.74$10,906
Jun 201002,36870.364.91$11,628
May 201032,44771.124.24$10,577
Apr 201032,42281.694.12$10,230
Mar 201032,62078.394.39$11,733
Feb 201032,57073.585.44$14,208
Jan 201032,56474.365.96$15,515
Dec 200942,72671.445.48$15,234
Nov 200922,79874.593.75$10,646
Oct 200952,94072.544.11$12,447
Sep 200932,95165.543.06$9,241
Aug 200933,19567.423.22$10,485
Jul 200983,44961.133.46$12,438
Jun 200932,72566.163.90$10,812
May 200943,32854.743.93$13,284
Apr 200953,26246.773.59$11,936
Mar 200963,57142.144.06$14,748
Feb 2009113,14032.814.63$14,909
Jan 200973,71935.865.37$20,226
Dec 200893,91137.105.98$23,710
Nov 200884,17855.496.86$29,107
Oct 2008134,58475.246.92$32,708
Sep 200854,772101.767.88$38,098
Aug 2008103,258114.228.48$28,780
Jul 2008115,215131.0811.39$60,838
Jun 200884,422131.3313.03$58,681
May 200805,092123.1711.57$58,936
Apr 200804,212110.3110.45$44,036
Mar 200805,281101.909.66$51,036
Feb 200814,74492.538.77$41,700
Jan 200804,58790.388.21$37,640
Dec 200704,68888.337.30$34,232
Nov 200705,45391.677.29$39,762
Oct 200705,21282.856.92$36,077
Sep 200705,61875.846.24$35,080
Aug 200706,23269.066.39$39,810
Jul 200706,04070.906.39$38,583
Jun 200706,04462.007.55$45,623
May 200705,90958.747.85$46,364
Apr 200705,91759.617.81$46,183
Mar 200706,54656.927.30$47,799
Feb 200706,64855.108.22$54,620
Jan 200706,50950.306.73$43,785
Dec 200607,17756.656.92$49,654
Nov 200606,86154.207.62$52,264
Oct 200607,28654.906.01$43,817
Sep 200607,64260.085.04$38,494
Aug 200608,68068.717.34$63,711
Jul 2006010,36369.376.34$65,730
Jun 200609,09566.286.38$58,061
May 2006010,31166.016.42$66,248
Apr 2006012,24064.397.36$90,092
Mar 2006016,09356.707.08$113,985
Feb 2006012,99557.597.75$100,726
Jan 200602,91060.598.93$25,996

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  325 Mcf  × $  3.05 =       $990

────────────────────────────────────────────────────
Month total                                     $990

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/216979 is the state's own key, not one this site invented.