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 220158District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
May 2006 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
241
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 Gas112006-11-10171057
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
CondensateDisposition118 bbl$7,911
GasProduction307,543 Mcf$1,635,402
Total$1,643,313

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 27.9984, -99.7178. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.99842, -99.71782 · 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
May 2006
1 of 1 wells

1 well

42-47939439F 16,500 ftMay 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 (241)

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

241 months

May 2026049106.413.05$149
Apr 202604298.932.87$121
Mar 202604789.753.15$148
Feb 202603363.503.75$124
Jan 202603659.138.00$288
Dec 202503756.664.41$163
Nov 202502658.593.93$102
Oct 202503459.383.30$112
Sep 2025022262.743.08$683
Aug 202503963.933.01$118
Jul 202503066.743.32$99
Jun 202503066.483.13$94
May 2025018060.553.23$582
Apr 202503462.363.54$120
Mar 202503667.704.27$154
Feb 202503970.884.34$169
Jan 202502974.324.28$124
Dec 202402868.993.12$87
Nov 202404669.052.20$101
Oct 202404271.372.28$96
Sep 202403869.612.36$90
Aug 202404075.632.06$83
Jul 202403679.932.15$77
Jun 202404078.082.63$105
May 202403578.812.20$77
Apr 202403384.451.66$55
Mar 202404480.301.55$68
Feb 202404676.091.78$82
Jan 202404573.023.30$148
Dec 202304171.262.61$107
Nov 202304377.892.81$121
Oct 202303985.443.09$120
Sep 202304589.042.74$123
Aug 202304580.522.67$120
Jul 202305174.852.64$135
Jun 202304268.962.26$95
May 202305170.622.23$114
Apr 202304578.122.24$101
Mar 202305172.852.39$122
Feb 202305175.112.47$126
Jan 202306676.533.39$224
Dec 202205276.415.73$298
Nov 202205585.005.65$311
Oct 202205087.185.86$293
Sep 202205484.888.16$441
Aug 202205494.529.13$493
Jul 2022055101.587.54$415
Jun 2022062115.097.98$495
May 2022059109.378.43$498
Apr 2022060104.226.84$410
Mar 2022074108.885.08$376
Feb 202205491.054.86$262
Jan 202206981.844.54$313
Dec 20210471.323.90$16
Nov 20210377.435.24$16
Oct 20210079.795.71$0
Sep 202106469.865.35$342
Aug 202106766.024.22$283
Jul 202106770.783.98$267
Jun 202106469.493.38$216
May 202106863.483.02$205
Apr 202107260.362.76$199
Mar 202107361.302.72$198
Feb 202105757.805.55$316
Jan 202107250.412.81$202
Dec 202007544.642.68$201
Nov 202008738.772.71$235
Oct 202007536.972.48$186
Sep 202007037.091.99$139
Aug 202007839.982.39$186
Jul 2020016438.371.83$299
Jun 2020019134.901.69$323
May 2020021116.921.81$383
Apr 2020021814.751.80$393
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 2018029265.142.93$856
Jun 2018031060.183.08$954
May 2018034465.382.90$998
Apr 2018032663.842.90$946
Mar 2018036061.222.79$1,003
Feb 2018033861.782.77$935
Jan 2018031662.874.01$1,267
Dec 2017034557.272.92$1,008
Nov 2017337155.423.12$1,323
Oct 2017040249.292.98$1,199
Sep 2017045147.523.09$1,392
Aug 2017059445.373.00$1,785
Jul 2017072343.873.09$2,232
Jun 2017057342.493.09$1,769
May 2017053245.373.26$1,736
Apr 2017059547.933.21$1,911
Mar 2017057346.772.98$1,710
Feb 2017040050.452.95$1,181
Jan 2017022549.413.42$769
Dec 2016030948.763.72$1,150
Nov 2016046942.492.64$1,240
Oct 2016137446.193.09$1,202
Sep 2016031141.553.10$964
Aug 2016160341.442.92$1,805
Jul 2016860741.622.92$2,108
Jun 2016073045.352.69$1,961
May 2016076442.521.99$1,521
Apr 2016070536.561.99$1,404
Mar 2016092033.011.79$1,650
Feb 2016078626.472.06$1,622
Jan 2016095627.352.36$2,260
Dec 201571,06132.362.00$2,350
Nov 201501,05438.792.17$2,284
Oct 201501,18143.552.43$2,866
Sep 201501,05542.992.76$2,910
Aug 201501,01540.162.87$2,916
Jul 201501,10348.152.95$3,248
Jun 201501,22156.152.88$3,520
May 201501,14755.212.96$3,390
Apr 201581,16549.822.71$3,552
Mar 201501,36442.892.93$4,003
Feb 201501,40744.662.98$4,188
Jan 2015095843.433.10$2,970
Dec 201471,26454.693.59$4,922
Nov 201401,32370.464.25$5,625
Oct 201401,46278.303.90$5,703
Sep 201401,20286.164.05$4,863
Aug 201401,07489.394.04$4,334
Jul 201401,06596.564.18$4,451
Jun 201441,01598.164.74$5,201
May 201401,12394.734.73$5,308
Apr 2014075695.944.81$3,636
Mar 201481,16795.895.06$6,668
Feb 201401,50897.406.19$9,338
Jan 201401,82790.404.86$8,881
Dec 201301,86491.824.35$8,117
Nov 201371,58088.853.74$6,528
Oct 201301,47697.423.78$5,578
Sep 201301,447104.113.72$5,380
Aug 201301,482104.253.52$5,221
Jul 201301,532102.523.72$5,696
Jun 201361,45794.403.93$6,297
May 201301,62094.834.15$6,722
Apr 201301,58293.964.28$6,775
Mar 201301,66893.623.91$6,527
Feb 201361,49991.233.42$5,674
Jan 201301,71091.603.42$5,848
Dec 201201,93786.773.42$6,625
Nov 201201,52286.953.62$5,517
Oct 201201,89589.383.40$6,442
Sep 201201,73794.672.92$5,069
Aug 201201,95492.662.91$5,683
Jul 201202,08085.133.02$6,283
Jun 201202,14179.822.52$5,393
May 201202,21891.612.49$5,519
Apr 201202,259101.652.00$4,511
Mar 201202,623105.052.22$5,829
Feb 201202,583101.102.57$6,639
Jan 201203,52798.092.73$9,643
Dec 201103,46096.873.24$11,210
Nov 201103,61795.723.31$11,977
Oct 201101,79584.983.65$6,549
Sep 201173,31383.623.99$13,790
Aug 201101,70183.404.15$7,058
Jul 201103,82594.144.52$17,278
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20115472105.964.33$2,575
Mar 201102,56096.364.06$10,387
Feb 201142,42585.644.18$10,479
Jan 201102,74486.504.59$12,592
Dec 201002,95185.734.35$12,830
Nov 201002,81980.843.80$10,699
Oct 201002,68578.103.51$9,421
Sep 201001,16172.633.98$4,620
Aug 201001,46673.684.42$6,479
Jul 201001,52572.554.74$7,223
Jun 201031,53570.364.91$7,749
May 201001,64571.124.24$6,967
Apr 201001,61481.694.12$6,654
Mar 201001,77778.394.39$7,799
Feb 201031,58373.585.44$8,836
Jan 201001,56974.365.96$9,358
Dec 200901,82371.445.48$9,997
Nov 200921,77874.593.75$6,819
Oct 200911,94072.544.11$8,046
Sep 200921,90465.543.06$5,966
Aug 200901,93667.423.22$6,231
Jul 200942,15861.133.46$7,721
Jun 200901,69266.163.90$6,590
May 200912,09954.743.93$8,295
Apr 200942,00346.773.59$7,373
Mar 200912,21342.144.06$9,025
Feb 200931,72032.814.63$8,067
Jan 200932,26735.865.37$12,284
Dec 200832,52037.105.98$15,174
Nov 200862,23755.496.86$15,680
Oct 200802,01975.246.92$13,975
Sep 200802,634101.767.88$20,748
Aug 200801,613114.228.48$13,683
Jul 200801,958131.0811.39$22,301
Jun 200802,735131.3313.03$35,644
May 200802,627123.1711.57$30,406
Apr 200802,742110.3110.45$28,667
Mar 200802,963101.909.66$28,635
Feb 200802,82592.538.77$24,777
Jan 200803,15190.388.21$25,856
Dec 200703,16788.337.30$23,125
Nov 200703,13391.677.29$22,845
Oct 200703,41682.856.92$23,645
Sep 200703,39175.846.24$21,174
Aug 200703,58569.066.39$22,901
Jul 200703,71170.906.39$23,706
Jun 200703,66062.007.55$27,627
May 200703,93158.747.85$30,844
Apr 200704,02659.617.81$31,424
Mar 200704,44256.927.30$32,435
Feb 200704,23755.108.22$34,811
Jan 200704,54950.306.73$30,600
Dec 200605,10656.656.92$35,326
Nov 200604,93054.207.62$37,554
Oct 200605,60154.906.01$33,683
Sep 200606,38060.085.04$32,137
Aug 200607,29068.717.34$53,508
Jul 200609,02469.376.34$57,237
Jun 2006012,17966.286.38$77,749
May 2006016,00866.016.42$102,851

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                   49 Mcf  × $  3.05 =       $149

────────────────────────────────────────────────────
Month total                                     $149

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/220158 is the state's own key, not one this site invented.