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 222440District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$353 k
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 Gas112007-08-13171953
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
CondensateDisposition231 bbl$13,615
GasProduction57,374 Mcf$339,878
Total$353,493

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 28.0824, -99.6073. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.08235, -99.60726 · 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
6,850 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 6,850 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

42-47939547H 16,850 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 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201579042.892.93$3,388
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012028579.822.52$718
May 2012044691.612.49$1,110
Apr 20120555101.652.00$1,108
Mar 20120333105.052.22$740
Feb 20120514101.102.57$1,321
Jan 2012056598.092.73$1,545
Dec 2011053796.873.24$1,740
Nov 2011055195.723.31$1,825
Oct 2011064884.983.65$2,364
Sep 2011059583.623.99$2,372
Aug 2011067483.404.15$2,797
Jul 2011021594.144.52$971
Jun 2011047992.904.64$2,223
May 2011058198.134.40$2,559
Apr 20110227105.964.33$984
Mar 2011059096.364.06$2,394
Feb 2011052085.644.18$2,174
Jan 2011059386.504.59$2,721
Dec 2010060785.734.35$2,639
Nov 2010061380.843.80$2,327
Oct 20108063378.103.51$8,469
Sep 2010060772.633.98$2,416
Aug 2010066373.684.42$2,930
Jul 2010079772.554.74$3,775
Jun 2010091870.364.91$4,508
May 2010094771.124.24$4,011
Apr 2010083381.694.12$3,434
Mar 2010085578.394.39$3,752
Feb 2010071173.585.44$3,870
Jan 2010070374.365.96$4,193
Dec 2009079571.445.48$4,360
Nov 2009060874.593.75$2,281
Oct 200901,23772.544.11$5,084
Sep 200901,44565.543.06$4,429
Aug 2009074267.423.22$2,388
Jul 2009084761.133.46$2,934
Jun 2009092066.163.90$3,583
May 2009711,25254.743.93$8,802
Apr 200901,04646.773.59$3,753
Mar 2009088942.144.06$3,608
Feb 2009067032.814.63$3,104
Jan 2009076635.865.37$4,114
Dec 2008073537.105.98$4,393
Nov 2008059955.496.86$4,109
Oct 2008091775.246.92$6,347
Sep 20080715101.767.88$5,632
Aug 20080805114.228.48$6,829
Jul 20080847131.0811.39$9,647
Jun 20080854131.3313.03$11,130
May 200801,244123.1711.57$14,398
Apr 200801,617110.3110.45$16,906
Mar 200801,352101.909.66$13,066
Feb 2008146992.538.77$4,206
Jan 200801,29590.388.21$10,626
Dec 200701,33788.337.30$9,763
Nov 200701,60291.677.29$11,681
Oct 200701,58182.856.92$10,944
Sep 200701,81475.846.24$11,327
Aug 200702,42469.066.39$15,484
Jul 200703,76470.906.39$24,044
Jun 200704,39162.007.55$33,145
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0

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.

Mar 2015 — as filed, then multipliedworked
Condensate            79 bbl  × $ 42.89 =     $3,388
Gas                    0 Mcf  × $  2.93 =         $0

────────────────────────────────────────────────────
Month total                                   $3,388

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/222440 is the state's own key, not one this site invented.