GALVAN

Operated by WAGNER OIL COMPANY (P-5 891175) 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 221515District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Jul 2006 – Jul 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
145
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 Gas112007-05-07171954
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
CondensateDisposition211 bbl$16,438
GasProduction271,317 Mcf$1,426,854
Total$1,443,292

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 28.0153, -99.6783. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01532, -99.67829 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,650 ft
1 wells filed one
Completion to plug
12.0 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 6,650 ft.

Completions filed
Jul 2006
1 of 1 wells
Plug dates filed
Jul 2018
1 of 1 wells

Last completion to plug: a median of 12.0 years across the 1 well that filed both dates, with the middle half between 12.0 years and 12.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-47939534J 16,650 ftJul 2006Jul 2018Yes

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 (145)

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

145 months

Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20153032.362.00$97
Nov 20150038.792.17$0
Oct 20151043.552.43$44
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150356.152.88$9
May 2015546855.212.96$1,659
Apr 2015047349.822.71$1,280
Mar 2015101,94542.892.93$6,137
Feb 201501,98744.662.98$5,914
Jan 201591,34043.433.10$4,546
Dec 201401,72354.693.59$6,188
Nov 2014231170.464.25$1,463
Oct 2014034378.303.90$1,338
Sep 201471,56286.164.05$6,922
Aug 201401,82989.394.04$7,380
Jul 201401,80596.564.18$7,544
Jun 201491,73198.164.74$9,083
May 201402,32394.734.73$10,980
Apr 201492,37795.944.81$12,295
Mar 201402,23095.895.06$11,277
Feb 201492,32197.406.19$15,248
Jan 201402,77090.404.86$13,464
Dec 201301,97291.824.35$8,587
Nov 201301,98088.853.74$7,402
Oct 201302,30597.423.78$8,711
Sep 201302,573104.113.72$9,566
Aug 201302,517104.253.52$8,866
Jul 201302,626102.523.72$9,763
Jun 201302,09694.403.93$8,244
May 201302,44294.834.15$10,132
Apr 201302,48793.964.28$10,651
Mar 201302,72893.623.91$10,674
Feb 201302,38691.233.42$8,160
Jan 201302,36091.603.42$8,071
Dec 201202,77686.773.42$9,494
Nov 201202,77286.953.62$10,048
Oct 201202,74689.383.40$9,336
Sep 201202,52794.672.92$7,375
Aug 201202,85692.662.91$8,306
Jul 201201,23485.133.02$3,728
Jun 201202,06279.822.52$5,194
May 201272,66591.612.49$7,273
Apr 201203,008101.652.00$6,006
Mar 201203,275105.052.22$7,277
Feb 201203,276101.102.57$8,420
Jan 201203,56798.092.73$9,752
Dec 201104,27296.873.24$13,840
Nov 2011185,10695.723.31$18,630
Oct 201102,03384.983.65$7,417
Sep 201103,10883.623.99$12,388
Aug 2011065383.404.15$2,710
Jul 201102,40494.144.52$10,859
Jun 201103,40192.904.64$15,780
May 201196,06998.134.40$27,616
Apr 201101,654105.964.33$7,167
Mar 201161,60096.364.06$7,070
Feb 201101,61885.644.18$6,763
Jan 201131,82486.504.59$8,629
Dec 201031,88985.734.35$8,470
Nov 201001,76580.843.80$6,699
Oct 201021,80778.103.51$6,497
Sep 201011,04372.633.98$4,223
Aug 201021,91473.684.42$8,606
Jul 201031,15372.554.74$5,679
Jun 201001,82370.364.91$8,952
May 201061,92371.124.24$8,571
Apr 201031,90481.694.12$8,095
Mar 201051,94078.394.39$8,906
Feb 201051,75973.585.44$9,941
Jan 201041,98974.365.96$12,160
Dec 200972,06771.445.48$11,835
Nov 200932,06474.593.75$7,967
Oct 200942,11672.544.11$8,987
Sep 200932,06865.543.06$6,535
Aug 200962,04467.423.22$6,983
Jul 200992,08061.133.46$7,756
Jun 200952,29166.163.90$9,254
May 200902,28654.743.93$8,974
Apr 200982,17146.773.59$8,163
Mar 200902,35942.144.06$9,575
Feb 200932,10732.814.63$9,860
Jan 200902,44135.865.37$13,111
Dec 200852,43937.105.98$14,764
Nov 200802,38055.496.86$16,328
Oct 200802,94175.246.92$20,358
Sep 200802,523101.767.88$19,874
Aug 200862,502114.228.48$21,910
Jul 200802,910131.0811.39$33,143
Jun 200802,779131.3313.03$36,218
May 200892,227123.1711.57$26,884
Apr 200822,629110.3110.45$27,706
Mar 200803,024101.909.66$29,224
Feb 200802,41692.538.77$21,190
Jan 200802,98890.388.21$24,519
Dec 200703,08688.337.30$22,534
Nov 200702,97191.677.29$21,664
Oct 200703,19082.856.92$22,081
Sep 200703,12275.846.24$19,494
Aug 200703,30769.066.39$21,125
Jul 200703,34870.906.39$21,387
Jun 200703,30762.007.55$24,963
May 200703,47658.747.85$27,274
Apr 200703,52159.617.81$27,482
Mar 200703,64856.927.30$26,638
Feb 200703,24355.108.22$26,644
Jan 200703,76550.306.73$25,327
Dec 200604,12256.656.92$28,518
Nov 200603,88954.207.62$29,624
Oct 200604,34554.906.01$26,130
Sep 200604,72560.085.04$23,801
Aug 200605,65468.717.34$41,500
Jul 200607,31869.376.34$46,416

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.

Dec 2015 — as filed, then multipliedworked
Condensate             3 bbl  × $ 32.36 =        $97
Gas                    0 Mcf  × $  2.00 =         $0

────────────────────────────────────────────────────
Month total                                      $97

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/221515 is the state's own key, not one this site invented.