GALVAN "O"

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 228694District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Jun 2007 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
228
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 Gas112007-12-18176953
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
CondensateDisposition1,419 bbl$92,860
GasProduction272,114 Mcf$1,453,441
Total$1,546,302

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 28.0391, -99.6614. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03908, -99.66141 · 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
6,760 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 6,760 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-4793983316,760 ftJun 2007

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 (228)

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

228 months

May 2026055106.413.05$168
Apr 202607798.932.87$221
Mar 202609689.753.15$302
Feb 202607063.503.75$263
Jan 202607459.138.00$592
Dec 202508156.664.41$357
Nov 202509258.593.93$361
Oct 2025011259.383.30$370
Sep 2025022262.743.08$683
Aug 2025012363.933.01$371
Jul 2025011666.743.32$385
Jun 2025011666.483.13$363
May 202510218060.553.23$6,758
Apr 2025013562.363.54$478
Mar 2025014467.704.27$615
Feb 2025016770.884.34$725
Jan 2025014574.324.28$620
Dec 2024016068.993.12$499
Nov 20244911569.052.20$3,636
Oct 2024016071.372.28$365
Sep 2024015069.612.36$355
Aug 2024015575.632.06$320
Jul 2024015879.932.15$339
Jun 2024015278.082.63$400
May 2024014178.812.20$310
Apr 20245015184.451.66$4,473
Mar 2024015880.301.55$244
Feb 2024017776.091.78$316
Jan 2024014973.023.30$491
Dec 2023015771.262.61$410
Nov 20236515277.892.81$5,490
Oct 2023013285.443.09$408
Sep 2023014089.042.74$383
Aug 2023014080.522.67$374
Jul 2023013874.852.64$365
Jun 2023013568.962.26$305
May 2023016470.622.23$365
Apr 2023014978.122.24$333
Mar 20235716472.852.39$4,545
Feb 2023014475.112.47$355
Jan 2023013376.533.39$451
Dec 2022019176.415.73$1,094
Nov 2022018985.005.65$1,067
Oct 2022016187.185.86$944
Sep 2022016084.888.16$1,306
Aug 2022013594.529.13$1,232
Jul 20220178101.587.54$1,342
Jun 20220187115.097.98$1,492
May 20220174109.378.43$1,467
Apr 202268208104.226.84$8,509
Mar 20220217108.885.08$1,102
Feb 2022018691.054.86$904
Jan 202216022781.844.54$14,124
Dec 2021024471.323.90$951
Nov 2021025277.435.24$1,320
Oct 2021024479.795.71$1,394
Sep 2021023369.865.35$1,247
Aug 2021026666.024.22$1,123
Jul 2021024770.783.98$984
Jun 2021024769.493.38$835
May 2021027563.483.02$830
Apr 2021025460.362.76$701
Mar 2021025661.302.72$696
Feb 2021019757.805.55$1,093
Jan 202114726850.412.81$8,163
Dec 2020025944.642.68$693
Nov 2020022938.772.71$620
Oct 2020028536.972.48$706
Sep 2020027237.091.99$542
Aug 2020028639.982.39$682
Jul 2020028838.371.83$526
Jun 2020027434.901.69$463
May 2020028116.921.81$510
Apr 20208130214.751.80$1,740
Mar 2020023930.341.86$444
Feb 2020022549.881.98$446
Jan 2020026557.252.09$555
Dec 2019023259.012.30$535
Nov 2019023455.302.75$644
Oct 20197024753.472.42$4,340
Sep 2019025155.052.66$667
Aug 2019024053.112.30$553
Jul 2019026256.272.46$645
Jun 2019023352.782.49$580
May 201917323858.482.74$10,769
Apr 2019024962.632.75$685
Mar 2019025956.803.06$793
Feb 2019024450.852.79$681
Jan 2019027846.033.23$897
Dec 2018028946.594.19$1,210
Nov 2018028852.934.24$1,220
Oct 201814328361.443.40$9,748
Sep 2018022759.543.11$706
Aug 2018028659.403.07$877
Jul 2018026765.142.93$783
Jun 2018028360.183.08$871
May 2018031465.382.90$911
Apr 2018029863.842.90$864
Mar 2018032961.222.79$917
Feb 2018030961.782.77$855
Jan 2018028962.874.01$1,159
Dec 2017031557.272.92$920
Nov 2017233955.423.12$1,168
Oct 2017136749.292.98$1,144
Sep 2017132147.523.09$1,039
Aug 2017127645.373.00$875
Jul 2017039643.873.09$1,223
Jun 2017137942.493.09$1,213
May 2017144345.373.26$1,491
Apr 2017137547.933.21$1,252
Mar 2017058146.772.98$1,734
Feb 2017144950.452.95$1,376
Jan 2017351549.413.42$1,909
Dec 2016050448.763.72$1,876
Nov 2016042742.492.64$1,129
Oct 2016166146.193.09$2,089
Sep 2016048441.553.10$1,501
Aug 2016142241.442.92$1,276
Jul 2016242841.622.92$1,335
Jun 2016029745.352.69$798
May 2016046342.521.99$922
Apr 2016234836.561.99$766
Mar 2016037333.011.79$669
Feb 2016439026.472.06$911
Jan 2016061127.352.36$1,445
Dec 2015463332.362.00$1,396
Nov 2015068138.792.17$1,476
Oct 2015475743.552.43$2,011
Sep 2015076442.992.76$2,107
Aug 2015474340.162.87$2,295
Jul 2015071948.152.95$2,118
Jun 2015069756.152.88$2,009
May 2015475455.212.96$2,449
Apr 2015076249.822.71$2,062
Mar 201551,02542.892.93$3,223
Feb 201501,08044.662.98$3,214
Jan 2015475043.433.10$2,499
Dec 2014057654.693.59$2,069
Nov 2014474770.464.25$3,458
Oct 2014082578.303.90$3,218
Sep 2014462986.164.05$2,889
Aug 2014096989.394.04$3,910
Jul 2014095796.564.18$4,000
Jun 2014491898.164.74$4,741
May 2014098294.734.73$4,641
Apr 2014488595.944.81$4,640
Mar 2014090995.895.06$4,597
Feb 2014492597.406.19$6,117
Jan 201401,15990.404.86$5,634
Dec 2013067891.824.35$2,952
Nov 2013094088.853.74$3,514
Oct 201301,14497.423.78$4,324
Sep 201301,114104.113.72$4,142
Aug 201301,254104.253.52$4,417
Jul 201301,068102.523.72$3,971
Jun 201301,08094.403.93$4,248
May 2013099794.834.15$4,137
Apr 201301,05093.964.28$4,497
Mar 201301,13293.623.91$4,429
Feb 2013099791.233.42$3,410
Jan 201301,00191.603.42$3,423
Dec 201201,28186.773.42$4,381
Nov 201201,36486.953.62$4,944
Oct 201201,45689.383.40$4,950
Sep 201201,35994.672.92$3,966
Aug 201201,45092.662.91$4,217
Jul 201201,57185.133.02$4,746
Jun 201201,58979.822.52$4,003
May 201241,54591.612.49$4,211
Apr 201201,790101.652.00$3,574
Mar 201201,935105.052.22$4,300
Feb 201201,765101.102.57$4,536
Jan 201202,27298.092.73$6,212
Dec 201101,79896.873.24$5,825
Nov 201162,67895.723.31$9,442
Oct 201101,96484.983.65$7,166
Sep 201102,80183.623.99$11,164
Aug 2011018383.404.15$759
Jul 201101,46694.144.52$6,622
Jun 20110092.904.64$0
May 2011341198.134.40$2,105
Apr 20110892105.964.33$3,865
Mar 201171,92196.364.06$8,469
Feb 201101,94185.644.18$8,113
Jan 201142,18186.504.59$10,354
Dec 201042,37985.734.35$10,686
Nov 201002,57880.843.80$9,784
Oct 201042,23078.103.51$8,137
Sep 201012,18872.633.98$8,780
Aug 201042,50273.684.42$11,352
Jul 201042,47472.554.74$12,008
Jun 201002,39570.364.91$11,760
May 201082,77771.124.24$12,330
Apr 201042,63681.694.12$11,194
Mar 201082,95978.394.39$13,613
Feb 201072,54873.585.44$14,382
Jan 201062,96374.365.96$18,118
Dec 2009113,05871.445.48$17,555
Nov 200943,17774.593.75$12,217
Oct 200973,46172.544.11$14,733
Sep 200963,43465.543.06$10,918
Aug 2009103,43267.423.22$11,720
Jul 2009133,45061.133.46$12,747
Jun 200973,14566.163.90$12,713
May 200903,50254.743.93$13,748
Apr 2009123,38946.773.59$12,719
Mar 200903,63842.144.06$14,767
Feb 200943,25232.814.63$15,198
Jan 200903,70735.865.37$19,910
Dec 200883,74237.105.98$22,663
Nov 200803,56755.496.86$24,471
Oct 200804,57675.246.92$31,675
Sep 200804,035101.767.88$31,784
Aug 2008114,155114.228.48$36,503
Jul 200804,748131.0811.39$54,077
Jun 200804,588131.3313.03$59,794
May 2008163,748123.1711.57$45,351
Apr 200844,526110.3110.45$47,760
Mar 200805,030101.909.66$48,610
Feb 200803,78992.538.77$33,232
Jan 200804,80290.388.21$39,404
Dec 200705,66688.337.30$41,373
Nov 200705,75091.677.29$41,927
Oct 200706,36382.856.92$44,045
Sep 200706,68875.846.24$41,761
Aug 200707,85269.066.39$50,158
Jul 200709,29470.906.39$59,370
Jun 200707,43462.007.55$56,115

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                   55 Mcf  × $  3.05 =       $168

────────────────────────────────────────────────────
Month total                                     $168

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/228694 is the state's own key, not one this site invented.