GALVAN M

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 225045District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Dec 2006 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
234
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 Gas112007-05-22174091
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
CondensateDisposition183 bbl$13,877
GasProduction239,987 Mcf$1,375,276
Total$1,389,154

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 28.0269, -99.6810. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02694, -99.68101 · 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
6,550 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 6,550 ft.

Completions filed
Dec 2006
1 of 1 wells

1 well

42-4793970716,550 ftDec 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 (234)

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

234 months

May 2026082106.413.05$250
Apr 2026011698.932.87$333
Mar 2026013689.753.15$428
Feb 2026010563.503.75$394
Jan 2026011159.138.00$888
Dec 2025012156.664.41$534
Nov 2025013858.593.93$542
Oct 2025016959.383.30$559
Sep 202508962.743.08$274
Aug 2025018463.933.01$555
Jul 2025017466.743.32$577
Jun 2025017466.483.13$544
May 202507260.553.23$233
Apr 2025020362.363.54$719
Mar 2025021667.704.27$922
Feb 2025025170.884.34$1,090
Jan 2025021774.324.28$928
Dec 2024024068.993.12$749
Nov 2024017269.052.20$378
Oct 2024024071.372.28$548
Sep 2024022569.612.36$532
Aug 2024023275.632.06$479
Jul 2024023779.932.15$509
Jun 2024022778.082.63$598
May 2024021178.812.20$464
Apr 2024022684.451.66$375
Mar 2024023880.301.55$368
Feb 2024026676.091.78$474
Jan 2024022473.023.30$739
Dec 2023023571.262.61$614
Nov 2023022877.892.81$640
Oct 2023019885.443.09$611
Sep 2023021189.042.74$577
Aug 2023021180.522.67$564
Jul 2023020774.852.64$547
Jun 2023020268.962.26$456
May 2023024670.622.23$548
Apr 2023022378.122.24$499
Mar 2023024672.852.39$589
Feb 2023020975.112.47$515
Jan 2023019976.533.39$674
Dec 2022028776.415.73$1,644
Nov 2022028385.005.65$1,598
Oct 2022024187.185.86$1,413
Sep 2022024084.888.16$1,959
Aug 2022020394.529.13$1,853
Jul 20220267101.587.54$2,014
Jun 20220281115.097.98$2,242
May 20220262109.378.43$2,209
Apr 20220312104.226.84$2,133
Mar 20220325108.885.08$1,650
Feb 2022028191.054.86$1,365
Jan 2022034181.844.54$1,547
Dec 2021036771.323.90$1,431
Nov 2021037977.435.24$1,985
Oct 2021036679.795.71$2,091
Sep 2021027669.865.35$1,477
Aug 2021031566.024.22$1,329
Jul 2021033570.783.98$1,334
Jun 2021029269.493.38$987
May 2021032563.483.02$981
Apr 2021030060.362.76$828
Mar 2021030361.302.72$823
Feb 2021023357.805.55$1,293
Jan 2021031650.412.81$888
Dec 2020030644.642.68$819
Nov 2020027038.772.71$731
Oct 2020033636.972.48$833
Sep 2020032337.091.99$643
Aug 2020033739.982.39$804
Jul 2020033938.371.83$619
Jun 2020032434.901.69$548
May 2020033216.921.81$603
Apr 2020035714.751.80$644
Mar 2020018230.341.86$338
Feb 2020017149.881.98$339
Jan 2020020157.252.09$421
Dec 2019017659.012.30$406
Nov 2019017955.302.75$492
Oct 2019018853.472.42$455
Sep 2019019155.052.66$508
Aug 2019018353.112.30$422
Jul 2019019956.272.46$490
Jun 2019017852.782.49$443
May 2019018158.482.74$496
Apr 2019019062.632.75$523
Mar 2019019856.803.06$606
Feb 2019018650.852.79$519
Jan 2019021246.033.23$684
Dec 2018022046.594.19$921
Nov 2018021952.934.24$928
Oct 2018021661.443.40$734
Sep 2018017359.543.11$538
Aug 2018021859.403.07$669
Jul 2018020365.142.93$595
Jun 2018021660.183.08$665
May 2018023965.382.90$693
Apr 2018022763.842.90$658
Mar 2018025161.222.79$700
Feb 2018023561.782.77$650
Jan 2018022062.874.01$882
Dec 2017024057.272.92$701
Nov 2017025855.423.12$805
Oct 2017028049.292.98$835
Sep 201703847.523.09$117
Aug 2017011545.373.00$346
Jul 201706943.873.09$213
Jun 201704642.493.09$142
May 201706745.373.26$219
Apr 201706547.933.21$209
Mar 2017013546.772.98$403
Feb 2017012150.452.95$357
Jan 2017027049.413.42$923
Dec 2016012948.763.72$480
Nov 2016010642.492.64$280
Oct 201605846.193.09$179
Sep 201608341.553.10$257
Aug 201608241.442.92$240
Jul 2016117041.622.92$539
Jun 2016025245.352.69$677
May 2016030442.521.99$605
Apr 2016218036.561.99$432
Mar 2016018533.011.79$332
Feb 2016133026.472.06$707
Jan 2016024027.352.36$567
Dec 2015245532.362.00$975
Nov 2015018938.792.17$410
Oct 2015221043.552.43$597
Sep 2015041142.992.76$1,134
Aug 2015140040.162.87$1,189
Jul 2015024848.152.95$730
Jun 201508556.152.88$245
May 201508755.212.96$257
Apr 201508849.822.71$238
Mar 201524942.892.93$230
Feb 2015026944.662.98$801
Jan 2015332643.433.10$1,141
Dec 2014063554.693.59$2,281
Nov 2014246870.464.25$2,131
Oct 2014051778.303.90$2,017
Sep 2014242186.164.05$1,875
Aug 2014049589.394.04$1,997
Jul 2014048896.564.18$2,040
Jun 2014546898.164.74$2,708
May 201401,64294.734.73$7,761
Apr 2014259195.944.81$3,034
Mar 2014034195.895.06$1,724
Feb 2014236597.406.19$2,455
Jan 2014039990.404.86$1,939
Dec 2013045391.824.35$1,973
Nov 2013049088.853.74$1,832
Oct 2013051497.423.78$1,943
Sep 20130468104.113.72$1,740
Aug 20130534104.253.52$1,881
Jul 20130538102.523.72$2,000
Jun 2013058294.403.93$2,289
May 2013066094.834.15$2,738
Apr 201301,01993.964.28$4,364
Mar 2013062593.623.91$2,446
Feb 2013056191.233.42$1,919
Jan 2013051591.603.42$1,761
Dec 2012062786.773.42$2,144
Nov 2012062086.953.62$2,247
Oct 2012066789.383.40$2,268
Sep 2012061494.672.92$1,792
Aug 2012071592.662.91$2,079
Jul 2012079585.133.02$2,402
Jun 2012082179.822.52$2,068
May 2012387491.612.49$2,450
Apr 20120891101.652.00$1,779
Mar 20120969105.052.22$2,153
Feb 201203,933101.102.57$10,109
Jan 201202,10198.092.73$5,744
Dec 201101,69596.873.24$5,491
Nov 201131,23395.723.31$4,370
Oct 2011066384.983.65$2,419
Sep 201101,07583.623.99$4,285
Aug 20110083.404.15$0
Jul 2011073894.144.52$3,334
Jun 20110092.904.64$0
May 2011265298.134.40$3,068
Apr 20110299105.964.33$1,296
Mar 201151,00996.364.06$4,576
Feb 2011075585.644.18$3,156
Jan 201142,41386.504.59$11,419
Dec 201032,59885.734.35$11,553
Nov 201002,32380.843.80$8,817
Oct 201031,90578.103.51$6,919
Sep 201011,73172.633.98$6,961
Aug 201032,44673.684.42$11,031
Jul 201032,22072.554.74$10,733
Jun 201002,10470.364.91$10,331
May 201082,69171.124.24$11,966
Apr 201042,49681.694.12$10,617
Mar 201083,13178.394.39$14,368
Feb 201062,37673.585.44$13,373
Jan 201052,50774.365.96$15,324
Dec 200992,51071.445.48$14,407
Nov 200932,38774.593.75$9,179
Oct 200962,78072.544.11$11,862
Sep 200952,96565.543.06$9,415
Aug 2009103,66367.423.22$12,464
Jul 2009103,18961.133.46$11,660
Jun 200962,29566.163.90$9,336
May 200902,95454.743.93$11,597
Apr 2009102,79846.773.59$10,506
Mar 200902,91042.144.06$11,812
Feb 200932,74732.814.63$12,825
Jan 200902,98435.865.37$16,027
Dec 200873,12437.105.98$18,932
Nov 200802,96755.496.86$20,355
Oct 200803,77275.246.92$26,110
Sep 200803,334101.767.88$26,262
Aug 2008103,389114.228.48$29,891
Jul 200803,690131.0811.39$42,027
Jun 200803,575131.3313.03$46,592
May 2008134,029123.1711.57$48,234
Apr 200833,626110.3110.45$38,240
Mar 200804,385101.909.66$42,377
Feb 200804,35192.538.77$38,161
Jan 200802,89890.388.21$23,780
Dec 200704,03988.337.30$29,493
Nov 200704,04591.677.29$29,495
Oct 200704,32982.856.92$29,965
Sep 200704,11775.846.24$25,707
Aug 200704,46369.066.39$28,509
Jul 200704,87970.906.39$31,167
Jun 200705,00062.007.55$37,742
May 200705,47558.747.85$42,958
Apr 200705,63759.617.81$43,998
Mar 200706,31256.927.30$46,090
Feb 200706,42055.108.22$52,747
Jan 200708,61750.306.73$57,965
Dec 200602,79956.656.92$19,365

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                   82 Mcf  × $  3.05 =       $250

────────────────────────────────────────────────────
Month total                                     $250

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/225045 is the state's own key, not one this site invented.