GALVAN RANCH N5

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 236437District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Feb 2008 – May 2026
Value, last 12 filed months
$7 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 Gas112008-08-18184185
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
CondensateDisposition278 bbl$19,115
GasProduction238,997 Mcf$1,148,537
Total$1,167,652

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 28.0281, -99.6869. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02806, -99.68694 · 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
6,632 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 6,632 ft.

Completions filed
Feb 2008
1 of 1 wells

1 well

42-4794000516,632 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 2026096106.413.05$292
Apr 2026013598.932.87$387
Mar 2026016089.753.15$504
Feb 2026012263.503.75$458
Jan 2026013059.138.00$1,040
Dec 2025014156.664.41$622
Nov 2025016158.593.93$632
Oct 2025019759.383.30$651
Sep 2025020062.743.08$615
Aug 2025021563.933.01$648
Jul 2025020366.743.32$673
Jun 2025020366.483.13$635
May 2025016260.553.23$524
Apr 2025023762.363.54$840
Mar 2025025267.704.27$1,076
Feb 2025029370.884.34$1,272
Jan 2025025374.324.28$1,083
Dec 2024028068.993.12$874
Nov 2024020169.052.20$442
Oct 2024028071.372.28$639
Sep 2024026369.612.36$622
Aug 2024027175.632.06$559
Jul 2024027779.932.15$595
Jun 2024026578.082.63$698
May 2024024678.812.20$541
Apr 2024026484.451.66$438
Mar 2024027780.301.55$428
Feb 2024031076.091.78$553
Jan 2024026173.023.30$861
Dec 2023027471.262.61$715
Nov 2023026677.892.81$747
Oct 2023023185.443.09$713
Sep 2023024689.042.74$673
Aug 2023024680.522.67$658
Jul 2023024274.852.64$639
Jun 2023023668.962.26$533
May 2023028770.622.23$639
Apr 2023026178.122.24$584
Mar 2023028772.852.39$687
Feb 2023024375.112.47$599
Jan 2023023276.533.39$786
Dec 2022033576.415.73$1,919
Nov 2022033185.005.65$1,869
Oct 2022028187.185.86$1,648
Sep 2022028084.888.16$2,286
Aug 2022023794.529.13$2,163
Jul 20220311101.587.54$2,346
Jun 20220327115.097.98$2,609
May 20220305109.378.43$2,572
Apr 20220364104.226.84$2,489
Mar 20220379108.885.08$1,924
Feb 2022032791.054.86$1,589
Jan 2022039881.844.54$1,806
Dec 2021042871.323.90$1,669
Nov 2021044277.435.24$2,315
Oct 2021042679.795.71$2,434
Sep 2021033969.865.35$1,814
Aug 2021038866.024.22$1,638
Jul 2021041270.783.98$1,641
Jun 2021035969.493.38$1,214
May 2021040063.483.02$1,207
Apr 2021037060.362.76$1,021
Mar 2021037361.302.72$1,013
Feb 2021028757.805.55$1,592
Jan 2021039050.412.81$1,096
Dec 2020037644.642.68$1,006
Nov 2020033338.772.71$901
Oct 2020041436.972.48$1,026
Sep 2020039737.091.99$790
Aug 2020041639.982.39$992
Jul 2020041838.371.83$763
Jun 2020039934.901.69$674
May 2020040916.921.81$742
Apr 2020043914.751.80$792
Mar 2020037430.341.86$694
Feb 2020035349.881.98$699
Jan 2020041557.252.09$869
Dec 2019036359.012.30$836
Nov 2019036855.302.75$1,012
Oct 2019038753.472.42$936
Sep 2019039355.052.66$1,044
Aug 2019037653.112.30$866
Jul 2019041156.272.46$1,011
Jun 2019036652.782.49$912
May 2019037358.482.74$1,022
Apr 2019039162.632.75$1,076
Mar 2019040756.803.06$1,246
Feb 2019038350.852.79$1,069
Jan 2019043746.033.23$1,411
Dec 2018045346.594.19$1,896
Nov 2018045152.934.24$1,911
Oct 2018044461.443.40$1,509
Sep 2018035659.543.11$1,106
Aug 2018044859.403.07$1,374
Jul 2018041865.142.93$1,226
Jun 2018044560.183.08$1,369
May 2018049365.382.90$1,430
Apr 2018046763.842.90$1,355
Mar 2018051761.222.79$1,441
Feb 2018048561.782.77$1,342
Jan 2018045362.874.01$1,816
Dec 2017549557.272.92$1,733
Nov 2017053255.423.12$1,659
Oct 2017257649.292.98$1,817
Sep 2017368047.523.09$2,242
Aug 2017363445.373.00$2,041
Jul 2017059943.873.09$1,849
Jun 2017366242.493.09$2,171
May 2017375345.373.26$2,593
Apr 2017374347.933.21$2,530
Mar 2017081446.772.98$2,429
Feb 2017387850.452.95$2,744
Jan 20171067649.413.42$2,805
Dec 201601,00148.763.72$3,727
Nov 201601,11442.492.64$2,946
Oct 201621,36346.193.09$4,304
Sep 201601,46841.553.10$4,552
Aug 201611,05741.442.92$3,132
Jul 201671,37441.622.92$4,309
Jun 201611,21245.352.69$3,301
May 201601,45942.521.99$2,905
Apr 201671,38236.561.99$3,008
Mar 201601,28233.011.79$2,300
Feb 201691,24326.472.06$2,803
Jan 201601,38927.352.36$3,284
Dec 201571,17732.362.00$2,582
Nov 201501,08538.792.17$2,352
Oct 201571,20643.552.43$3,231
Sep 201501,24042.992.76$3,420
Aug 201571,20640.162.87$3,745
Jul 201501,17148.152.95$3,449
Jun 201501,13956.152.88$3,284
May 201571,16855.212.96$3,838
Apr 201501,17949.822.71$3,191
Mar 201571,37142.892.93$4,324
Feb 201501,37244.662.98$4,083
Jan 2015690643.433.10$3,070
Dec 201401,18454.693.59$4,252
Nov 2014465270.464.25$3,054
Oct 2014072078.303.90$2,809
Sep 201461,24686.164.05$5,558
Aug 201401,31089.394.04$5,286
Jul 201401,29396.564.18$5,404
Jun 201451,24098.164.74$6,365
May 201401,28594.734.73$6,074
Apr 201451,25995.944.81$6,534
Mar 201401,25895.895.06$6,361
Feb 201451,24197.406.19$8,171
Jan 201401,28190.404.86$6,227
Dec 201301,14591.824.35$4,986
Nov 201301,33388.853.74$4,983
Oct 201301,37897.423.78$5,208
Sep 201301,351104.113.72$5,023
Aug 201301,436104.253.52$5,058
Jul 201301,491102.523.72$5,543
Jun 201301,36594.403.93$5,369
May 201301,53294.834.15$6,356
Apr 201301,51793.964.28$6,497
Mar 201301,59593.623.91$6,241
Feb 201301,43291.233.42$4,897
Jan 201301,43791.603.42$4,914
Dec 201201,65386.773.42$5,654
Nov 201201,65286.953.62$5,988
Oct 201201,79289.383.40$6,092
Sep 201201,63394.672.92$4,766
Aug 201201,84192.662.91$5,354
Jul 201201,93185.133.02$5,833
Jun 201201,98179.822.52$4,990
May 201252,00291.612.49$5,440
Apr 201202,157101.652.00$4,307
Mar 201202,286105.052.22$5,080
Feb 201202,275101.102.57$5,847
Jan 201202,44598.092.73$6,685
Dec 201102,79096.873.24$9,039
Nov 201173,30195.723.31$11,601
Oct 201101,52584.983.65$5,564
Sep 201101,90783.623.99$7,601
Aug 20110083.404.15$0
Jul 2011074494.144.52$3,361
Jun 20110092.904.64$0
May 2011293198.134.40$4,297
Apr 20110298105.964.33$1,291
Mar 201151,28596.364.06$5,695
Feb 201101,36185.644.18$5,689
Jan 201121,56586.504.59$7,354
Dec 201021,59685.734.35$7,110
Nov 201001,51180.843.80$5,735
Oct 201031,54378.103.51$5,649
Sep 201011,57272.633.98$6,328
Aug 201031,68473.684.42$7,663
Jul 201031,72072.554.74$8,364
Jun 201001,66570.364.91$8,176
May 201061,67171.124.24$7,504
Apr 201031,75181.694.12$7,464
Mar 201051,78578.394.39$8,226
Feb 201051,66473.585.44$9,424
Jan 201041,88474.365.96$11,534
Dec 200972,03271.445.48$11,643
Nov 200932,05774.593.75$7,941
Oct 200942,12372.544.11$9,016
Sep 200932,08465.543.06$6,584
Aug 200961,99967.423.22$6,838
Jul 200992,21961.133.46$8,238
Jun 200952,44266.163.90$9,842
May 200902,53154.743.93$9,936
Apr 200992,46146.773.59$9,250
Mar 200902,72542.144.06$11,061
Feb 200932,47232.814.63$11,551
Jan 200902,89635.865.37$15,554
Dec 200873,15537.105.98$19,118
Nov 200803,11455.496.86$21,363
Oct 200803,99475.246.92$27,646
Sep 200803,479101.767.88$27,404
Aug 2008113,700114.228.48$32,644
Jul 200804,440131.0811.39$50,569
Jun 200804,558131.3313.03$59,403
May 2008224,432123.1711.57$54,007
Apr 200856,694110.3110.45$70,536
Mar 200806,116101.909.66$59,105
Feb 200806,56392.538.77$57,561

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                   96 Mcf  × $  3.05 =       $292

────────────────────────────────────────────────────
Month total                                     $292

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/236437 is the state's own key, not one this site invented.