GALVAN RANCH N3

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 236376District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Feb 2008 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
220
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 Gas112008-08-18184187
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
CondensateDisposition281 bbl$20,933
GasProduction258,723 Mcf$1,346,304
Total$1,367,237

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 28.0397, -99.6886. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03972, -99.68861 · 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
6,610 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 6,610 ft.

Completions filed
Feb 2008
1 of 1 wells

1 well

42-4794000316,610 ftFeb 2008

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 (220)

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

220 months

May 20260118106.413.05$359
Apr 2026016798.932.87$479
Mar 2026020689.753.15$649
Feb 2026015163.503.75$566
Jan 2026016059.138.00$1,280
Dec 2025017556.664.41$772
Nov 2025020058.593.93$785
Oct 2025024459.383.30$806
Sep 2025021162.743.08$649
Aug 2025026663.933.01$802
Jul 2025025166.743.32$832
Jun 2025025166.483.13$785
May 2025017160.553.23$553
Apr 2025029362.363.54$1,038
Mar 2025031167.704.27$1,327
Feb 2025036370.884.34$1,576
Jan 2025031374.324.28$1,339
Dec 2024034668.993.12$1,080
Nov 2024024969.052.20$547
Oct 2024034771.372.28$792
Sep 2024032669.612.36$771
Aug 2024033675.632.06$693
Jul 2024034379.932.15$736
Jun 2024032978.082.63$867
May 2024030578.812.20$671
Apr 2024032684.451.66$541
Mar 2024034380.301.55$530
Feb 2024038476.091.78$685
Jan 2024032473.023.30$1,068
Dec 2023034071.262.61$888
Nov 2023033077.892.81$926
Oct 2023028685.443.09$883
Sep 2023030489.042.74$831
Aug 2023030480.522.67$813
Jul 2023029974.852.64$790
Jun 2023029268.962.26$659
May 2023035570.622.23$791
Apr 2023032378.122.24$723
Mar 2023035572.852.39$850
Feb 2023030275.112.47$745
Jan 2023028776.533.39$972
Dec 2022041476.415.73$2,372
Nov 2022040985.005.65$2,309
Oct 2022034887.185.86$2,041
Sep 2022034784.888.16$2,833
Aug 2022029394.529.13$2,674
Jul 20220386101.587.54$2,911
Jun 20220405115.097.98$3,231
May 20220378109.378.43$3,188
Apr 20220450104.226.84$3,077
Mar 20220469108.885.08$2,381
Feb 2022040591.054.86$1,968
Jan 2022049381.844.54$2,237
Dec 2021053071.323.90$2,067
Nov 2021054777.435.24$2,865
Oct 2021052879.795.71$3,017
Sep 2021046769.865.35$2,499
Aug 2021053366.024.22$2,250
Jul 2021056770.783.98$2,258
Jun 2021049469.493.38$1,670
May 2021055063.483.02$1,660
Apr 2021050860.362.76$1,401
Mar 2021051261.302.72$1,391
Feb 2021039457.805.55$2,186
Jan 2021053650.412.81$1,506
Dec 2020051744.642.68$1,383
Nov 2020045838.772.71$1,240
Oct 2020056836.972.48$1,408
Sep 2020054637.091.99$1,087
Aug 2020057139.982.39$1,362
Jul 2020057438.371.83$1,048
Jun 2020054934.901.69$928
May 2020056216.921.81$1,020
Apr 2020060514.751.80$1,092
Mar 2020034930.341.86$648
Feb 2020032949.881.98$652
Jan 2020038757.252.09$811
Dec 2019033959.012.30$781
Nov 2019034355.302.75$943
Oct 2019036153.472.42$873
Sep 2019036755.052.66$975
Aug 2019035153.112.30$809
Jul 2019038356.272.46$942
Jun 2019034252.782.49$852
May 2019034858.482.74$954
Apr 2019036562.632.75$1,004
Mar 2019038056.803.06$1,164
Feb 2019035750.852.79$997
Jan 2019040746.033.23$1,314
Dec 2018042246.594.19$1,766
Nov 2018042152.934.24$1,784
Oct 2018041461.443.40$1,407
Sep 2018033359.543.11$1,035
Aug 2018041859.403.07$1,282
Jul 2018039065.142.93$1,143
Jun 2018041560.183.08$1,277
May 2018046065.382.90$1,334
Apr 2018043663.842.90$1,265
Mar 2018048261.222.79$1,343
Feb 2018045261.782.77$1,250
Jan 2018042362.874.01$1,696
Dec 2017046257.272.92$1,350
Nov 2017349655.423.12$1,713
Oct 2017153849.292.98$1,655
Sep 2017255847.523.09$1,818
Aug 2017272745.373.00$2,275
Jul 2017047743.873.09$1,473
Jun 2017133242.493.09$1,067
May 2017231545.373.26$1,119
Apr 2017231747.933.21$1,114
Mar 2017046446.772.98$1,384
Feb 2017245550.452.95$1,444
Jan 2017647249.413.42$1,910
Dec 2016040148.763.72$1,493
Nov 2016039042.492.64$1,031
Oct 2016146246.193.09$1,474
Sep 2016038541.553.10$1,194
Aug 2016153041.442.92$1,591
Jul 2016474641.622.92$2,348
Jun 2016067745.352.69$1,818
May 2016085742.521.99$1,706
Apr 2016486436.561.99$1,867
Mar 2016076733.011.79$1,376
Feb 2016475026.472.06$1,654
Jan 2016075427.352.36$1,783
Dec 2015478832.362.00$1,707
Nov 2015052238.792.17$1,131
Oct 2015458143.552.43$1,584
Sep 2015091642.992.76$2,527
Aug 2015589140.162.87$2,760
Jul 2015084448.152.95$2,486
Jun 2015079756.152.88$2,298
May 2015470355.212.96$2,299
Apr 2015071049.822.71$1,922
Mar 201551,09542.892.93$3,428
Feb 2015091844.662.98$2,732
Jan 2015548743.433.10$1,727
Dec 201401,33354.693.59$4,787
Nov 2014471470.464.25$3,318
Oct 2014078978.303.90$3,078
Sep 201451,13386.164.05$5,014
Aug 201401,13389.394.04$4,572
Jul 201401,11896.564.18$4,673
Jun 201451,07298.164.74$5,569
May 201401,19294.734.73$5,634
Apr 201451,16195.944.81$6,063
Mar 201401,21995.895.06$6,164
Feb 201451,07497.406.19$7,137
Jan 2014094290.404.86$4,579
Dec 201301,18191.824.35$5,143
Nov 201301,22088.853.74$4,561
Oct 201301,37597.423.78$5,197
Sep 201301,292104.113.72$4,803
Aug 201301,342104.253.52$4,727
Jul 201301,368102.523.72$5,086
Jun 201301,28994.403.93$5,070
May 201301,38594.834.15$5,746
Apr 201301,41293.964.28$6,047
Mar 201301,48093.623.91$5,791
Feb 201301,45491.233.42$4,973
Jan 201301,35991.603.42$4,648
Dec 201201,61486.773.42$5,520
Nov 201201,72386.953.62$6,246
Oct 201203,03189.383.40$10,304
Sep 201202,32494.672.92$6,782
Aug 201201,82292.662.91$5,299
Jul 20120085.133.02$0
Jun 201201,13379.822.52$2,854
May 201241,10391.612.49$3,111
Apr 20120896101.652.00$1,789
Mar 201201,076105.052.22$2,391
Feb 201202,189101.102.57$5,626
Jan 201202,38498.092.73$6,518
Dec 201102,55396.873.24$8,271
Nov 201182,78595.723.31$9,988
Oct 201104,19784.983.65$15,313
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011075394.144.52$3,401
Jun 20110092.904.64$0
May 201151,28598.134.40$6,151
Apr 201101,254105.964.33$5,434
Mar 201182,09096.364.06$9,251
Feb 201102,12085.644.18$8,862
Jan 201132,53386.504.59$11,883
Dec 201032,19685.734.35$9,805
Nov 201002,09280.843.80$7,940
Oct 201042,15578.103.51$7,874
Sep 201012,14172.633.98$8,593
Aug 201042,48773.684.42$11,286
Jul 201042,51272.554.74$12,188
Jun 201002,49870.364.91$12,266
May 201072,70471.124.24$11,950
Apr 201042,21981.694.12$9,475
Mar 201072,66078.394.39$12,223
Feb 201062,35473.585.44$13,253
Jan 201052,62274.365.96$16,010
Dec 2009102,63271.445.48$15,148
Nov 200932,69674.593.75$10,338
Oct 200962,86472.544.11$12,207
Sep 200952,83065.543.06$9,001
Aug 200993,17067.423.22$10,809
Jul 2009122,97061.133.46$11,023
Jun 200963,00566.163.90$12,101
May 200903,35554.743.93$13,171
Apr 2009112,89046.773.59$10,882
Mar 200903,07142.144.06$12,465
Feb 200942,87832.814.63$13,465
Jan 200903,33335.865.37$17,902
Dec 200893,51937.105.98$21,367
Nov 200803,47155.496.86$23,812
Oct 200804,50175.246.92$31,156
Sep 200804,220101.767.88$33,241
Aug 2008144,476114.228.48$39,569
Jul 200805,491131.0811.39$62,539
Jun 200805,731131.3313.03$74,690
May 2008276,066123.1711.57$73,535
Apr 200868,024110.3110.45$84,552
Mar 2008010,162101.909.66$98,206
Feb 2008010,40592.538.77$91,258

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                  118 Mcf  × $  3.05 =       $359

────────────────────────────────────────────────────
Month total                                     $359

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/236376 is the state's own key, not one this site invented.