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 223377District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Oct 2006 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
236
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 Gas112007-02-16172702
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
CondensateDisposition266 bbl$19,021
GasProduction377,310 Mcf$2,134,166
Total$2,153,187

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 28.0323, -99.6701. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03230, -99.67011 · 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
6,562 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 6,562 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-47939619K 16,562 ftOct 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 (236)

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

236 months

May 2026073106.413.05$222
Apr 2026010398.932.87$296
Mar 2026012889.753.15$403
Feb 202609363.503.75$349
Jan 202609959.138.00$792
Dec 2025010856.664.41$477
Nov 2025012358.593.93$483
Oct 2025015059.383.30$496
Sep 202507462.743.08$228
Aug 2025016463.933.01$494
Jul 2025015466.743.32$511
Jun 2025015466.483.13$482
May 202508560.553.23$275
Apr 2025018062.363.54$638
Mar 2025019267.704.27$820
Feb 2025022370.884.34$968
Jan 2025019374.324.28$826
Dec 2024021368.993.12$665
Nov 2024015369.052.20$336
Oct 2024021471.372.28$488
Sep 2024020069.612.36$473
Aug 2024020675.632.06$425
Jul 2024021179.932.15$453
Jun 2024020278.082.63$532
May 2024018878.812.20$413
Apr 2024020184.451.66$334
Mar 2024021180.301.55$326
Feb 2024023676.091.78$421
Jan 2024019973.023.30$656
Dec 2023020971.262.61$546
Nov 2023020377.892.81$570
Oct 2023017685.443.09$543
Sep 2023018789.042.74$511
Aug 2023018780.522.67$500
Jul 2023018474.852.64$486
Jun 2023018068.962.26$407
May 2023021970.622.23$488
Apr 2023019978.122.24$445
Mar 2023021972.852.39$524
Feb 2023019375.112.47$476
Jan 2023017776.533.39$600
Dec 2022025576.415.73$1,461
Nov 2022025285.005.65$1,423
Oct 2022021487.185.86$1,255
Sep 2022021384.888.16$1,739
Aug 2022018094.529.13$1,643
Jul 20220237101.587.54$1,787
Jun 20220249115.097.98$1,986
May 20220233109.378.43$1,965
Apr 20220277104.226.84$1,894
Mar 20220289108.885.08$1,467
Feb 2022024891.054.86$1,205
Jan 2022030381.844.54$1,375
Dec 2021032671.323.90$1,271
Nov 2021033777.435.24$1,765
Oct 2021032579.795.71$1,857
Sep 2021029769.865.35$1,589
Aug 2021033966.024.22$1,431
Jul 2021031470.783.98$1,250
Jun 2021031469.493.38$1,062
May 2021036063.483.02$1,086
Apr 2021032360.362.76$891
Mar 2021032661.302.72$886
Feb 2021025157.805.55$1,393
Jan 2021034150.412.81$958
Dec 2020032944.642.68$880
Nov 2020029238.772.71$790
Oct 2020036236.972.48$897
Sep 2020034737.091.99$691
Aug 2020036339.982.39$866
Jul 2020036538.371.83$666
Jun 2020034934.901.69$590
May 2020035816.921.81$650
Apr 2020038514.751.80$695
Mar 2020031830.341.86$590
Feb 2020030049.881.98$594
Jan 2020035357.252.09$739
Dec 2019030959.012.30$712
Nov 2019031355.302.75$861
Oct 2019032953.472.42$796
Sep 2019033555.052.66$890
Aug 2019032053.112.30$737
Jul 2019035056.272.46$861
Jun 2019031252.782.49$777
May 2019031858.482.74$871
Apr 2019033362.632.75$916
Mar 2019034656.803.06$1,059
Feb 2019032650.852.79$910
Jan 2019037246.033.23$1,201
Dec 2018038546.594.19$1,611
Nov 2018038452.934.24$1,627
Oct 2018037861.443.40$1,284
Sep 2018030359.543.11$942
Aug 2018038259.403.07$1,171
Jul 2018035665.142.93$1,044
Jun 2018037960.183.08$1,166
May 2018042065.382.90$1,218
Apr 2018039863.842.90$1,155
Mar 2018044061.222.79$1,226
Feb 2018041261.782.77$1,140
Jan 2018038662.874.01$1,548
Dec 2017042157.272.92$1,230
Nov 2017145355.423.12$1,468
Oct 2017149049.292.98$1,511
Sep 2017145547.523.09$1,452
Aug 2017157845.373.00$1,782
Jul 2017056743.873.09$1,750
Jun 2017160042.493.09$1,895
May 2017144345.373.26$1,491
Apr 2017142847.933.21$1,422
Mar 2017031946.772.98$952
Feb 2017142550.452.95$1,305
Jan 2017250749.413.42$1,832
Dec 2016074248.763.72$2,762
Nov 2016085942.492.64$2,272
Oct 2016082046.193.09$2,534
Sep 2016043841.553.10$1,358
Aug 2016154741.442.92$1,641
Jul 201631,04841.622.92$3,190
Jun 2016075945.352.69$2,039
May 2016055942.521.99$1,113
Apr 2016570436.561.99$1,584
Mar 2016074833.011.79$1,342
Feb 2016588326.472.06$1,955
Jan 2016069627.352.36$1,646
Dec 2015578332.362.00$1,729
Nov 2015086338.792.17$1,870
Oct 2015595943.552.43$2,545
Sep 201501,05442.992.76$2,907
Aug 201561,02540.162.87$3,185
Jul 201501,13848.152.95$3,352
Jun 201501,26556.152.88$3,647
May 2015221855.212.96$755
Apr 2015022049.822.71$595
Mar 2015247742.892.93$1,486
Feb 2015042744.662.98$1,271
Jan 2015424843.433.10$943
Dec 201401,11954.693.59$4,019
Nov 201471,35770.464.25$6,263
Oct 201401,49978.303.90$5,848
Sep 201441,02386.164.05$4,483
Aug 2014089389.394.04$3,603
Jul 2014088296.564.18$3,686
Jun 2014484698.164.74$4,400
May 201401,09594.734.73$5,176
Apr 201441,52095.944.81$7,694
Mar 2014094795.895.06$4,789
Feb 201451,63097.406.19$10,580
Jan 2014088690.404.86$4,307
Dec 201301,12691.824.35$4,903
Nov 2013076288.853.74$2,849
Oct 201301,30597.423.78$4,932
Sep 201301,137104.113.72$4,227
Aug 201301,484104.253.52$5,228
Jul 201301,791102.523.72$6,658
Jun 201301,74094.403.93$6,844
May 201302,02694.834.15$8,406
Apr 201301,74593.964.28$7,473
Mar 201301,70993.623.91$6,687
Feb 2013066791.233.42$2,281
Jan 2013063091.603.42$2,155
Dec 2012023986.773.42$817
Nov 20120086.953.62$0
Oct 2012095889.383.40$3,257
Sep 201203,17894.672.92$9,275
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201201,74579.822.52$4,396
May 201253,45091.612.49$9,043
Apr 201203,777101.652.00$7,542
Mar 201203,838105.052.22$8,528
Feb 201204,140101.102.57$10,641
Jan 201201,07198.092.73$2,928
Dec 201103,15296.873.24$10,212
Nov 201163,59395.723.31$12,472
Oct 201102,19884.983.65$8,019
Sep 201105,74883.623.99$22,910
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 201125098.134.40$417
Apr 20110636105.964.33$2,756
Mar 201171,85296.364.06$8,189
Feb 201101,84885.644.18$7,725
Jan 201132,23686.504.59$10,520
Dec 201032,26585.734.35$10,105
Nov 201001,99080.843.80$7,553
Oct 201042,24478.103.51$8,186
Sep 201012,25172.633.98$9,030
Aug 201042,66073.684.42$12,050
Jul 201042,69372.554.74$13,046
Jun 201002,52470.364.91$12,394
May 201092,87871.124.24$12,829
Apr 201042,71681.694.12$11,524
Mar 201082,72378.394.39$12,577
Feb 201072,56573.585.44$14,475
Jan 201062,91074.365.96$17,802
Dec 2009123,11871.445.48$17,956
Nov 200943,27274.593.75$12,573
Oct 200983,60072.544.11$15,377
Sep 200963,61065.543.06$11,457
Aug 2009113,48767.423.22$11,965
Jul 2009133,73161.133.46$13,721
Jun 200982,97466.163.90$12,113
May 200904,01554.743.93$15,762
Apr 2009143,93046.773.59$14,754
Mar 200904,16542.144.06$16,906
Feb 200943,73232.814.63$17,422
Jan 200904,27035.865.37$22,934
Dec 2008104,32037.105.98$26,192
Nov 200804,08155.496.86$27,997
Oct 200805,26075.246.92$36,410
Sep 200804,588101.767.88$36,140
Aug 2008114,672114.228.48$40,889
Jul 200805,458131.0811.39$62,164
Jun 200805,267131.3313.03$68,643
May 2008163,404123.1711.57$41,370
Apr 200844,871110.3110.45$51,367
Mar 200805,328101.909.66$51,490
Feb 200804,21792.538.77$36,986
Jan 200805,56790.388.21$45,681
Dec 200705,74688.337.30$41,957
Nov 200705,44491.677.29$39,696
Oct 200706,00282.856.92$41,546
Sep 200706,00375.846.24$37,484
Aug 200706,46669.066.39$41,304
Jul 200706,67770.906.39$42,652
Jun 200709,01962.007.55$68,079
May 200709,49358.747.85$74,485
Apr 200709,54059.617.81$74,462
Mar 2007010,22556.927.30$74,663
Feb 200709,77155.108.22$80,279
Jan 200709,25750.306.73$62,270
Dec 2006011,44356.656.92$79,168
Nov 2006010,67754.207.62$81,332
Oct 200606,92454.906.01$41,640

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                   73 Mcf  × $  3.05 =       $222

────────────────────────────────────────────────────
Month total                                     $222

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/223377 is the state's own key, not one this site invented.