GALVAN RANCH N4

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 236656District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$502 k
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 Gas112008-08-18184186
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
CondensateDisposition78 bbl$5,820
GasProduction111,656 Mcf$496,547
Total$502,367

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 28.0377, -99.6931. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03775, -99.69314 · 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
6,620 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 6,620 ft.

Completions filed
Feb 2008
1 of 1 wells

1 well

42-4794000416,620 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 2026018489.753.15$580
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 2025024562.743.08$754
Aug 2025026663.933.01$802
Jul 2025025166.743.32$832
Jun 2025025166.483.13$785
May 2025019860.553.23$640
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 2021029769.865.35$1,589
Aug 2021033966.024.22$1,431
Jul 2021036170.783.98$1,438
Jun 2021031469.493.38$1,062
May 2021035063.483.02$1,056
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 2020031930.341.86$592
Feb 2020030149.881.98$596
Jan 2020035457.252.09$742
Dec 2019031059.012.30$714
Nov 2019031355.302.75$861
Oct 2019033053.472.42$798
Sep 2019033555.052.66$890
Aug 2019032153.112.30$740
Jul 2019035056.272.46$861
Jun 2019031252.782.49$777
May 2019031858.482.74$871
Apr 2019033462.632.75$919
Mar 2019034756.803.06$1,063
Feb 2019032650.852.79$910
Jan 2019037246.033.23$1,201
Dec 2018038646.594.19$1,616
Nov 2018038552.934.24$1,631
Oct 2018037961.443.40$1,288
Sep 2018030459.543.11$945
Aug 2018038259.403.07$1,171
Jul 2018035765.142.93$1,047
Jun 2018037960.183.08$1,166
May 2018042165.382.90$1,221
Apr 2018039863.842.90$1,155
Mar 2018044161.222.79$1,229
Feb 2018041361.782.77$1,142
Jan 2018038662.874.01$1,548
Dec 2017042257.272.92$1,233
Nov 2017045455.423.12$1,416
Oct 2017049149.292.98$1,465
Sep 2017037047.523.09$1,142
Aug 2017043645.373.00$1,310
Jul 2017022643.873.09$698
Jun 2017035742.493.09$1,102
May 2017030245.373.26$986
Apr 2017032947.933.21$1,057
Mar 2017042946.772.98$1,280
Feb 2017050350.452.95$1,485
Jan 2017144149.413.42$1,557
Dec 2016031548.763.72$1,173
Nov 2016028242.492.64$746
Oct 2016045746.193.09$1,412
Sep 2016038441.553.10$1,191
Aug 2016036041.442.92$1,053
Jul 2016135041.622.92$1,065
Jun 2016036345.352.69$975
May 2016027842.521.99$554
Apr 2016117436.561.99$383
Mar 2016021233.011.79$380
Feb 2016112926.472.06$293
Jan 2016114327.352.36$365
Dec 2015116632.362.00$365
Nov 2015017838.792.17$386
Oct 2015119843.552.43$524
Sep 2015019842.992.76$546
Aug 2015119240.162.87$592
Jul 2015017348.152.95$510
Jun 2015015256.152.88$438
May 2015115455.212.96$510
Apr 2015015549.822.71$420
Mar 2015124642.892.93$765
Feb 2015015444.662.98$458
Jan 201513943.433.10$164
Dec 2014014454.693.59$517
Nov 2014365870.464.25$3,009
Oct 2014072778.303.90$2,836
Sep 2014355086.164.05$2,483
Aug 2014073189.394.04$2,950
Jul 2014072196.564.18$3,013
Jun 2014369298.164.74$3,572
May 2014056594.734.73$2,671
Apr 2014367295.944.81$3,520
Mar 2014067495.895.06$3,408
Feb 2014258697.406.19$3,823
Jan 2014061790.404.86$2,999
Dec 2013052791.824.35$2,295
Nov 2013054888.853.74$2,049
Oct 2013071897.423.78$2,714
Sep 20130647104.113.72$2,405
Aug 20130720104.253.52$2,536
Jul 20130682102.523.72$2,536
Jun 2013061194.403.93$2,403
May 2013068194.834.15$2,826
Apr 2013064393.964.28$2,754
Mar 2013064493.623.91$2,520
Feb 2013059891.233.42$2,045
Jan 2013049991.603.42$1,707
Dec 2012057186.773.42$1,953
Nov 2012056686.953.62$2,052
Oct 2012065889.383.40$2,237
Sep 2012063094.672.92$1,839
Aug 2012068392.662.91$1,986
Jul 2012082985.133.02$2,504
Jun 2012084379.822.52$2,124
May 2012177291.612.49$2,013
Apr 20120802101.652.00$1,601
Mar 20120832105.052.22$1,849
Feb 20120815101.102.57$2,095
Jan 2012085298.092.73$2,329
Dec 201101,01096.873.24$3,272
Nov 2011291095.723.31$3,205
Oct 2011071584.983.65$2,609
Sep 201101,32783.623.99$5,289
Aug 20110083.404.15$0
Jul 2011059794.144.52$2,697
Jun 20110092.904.64$0
May 2011137598.134.40$1,750
Apr 20110328105.964.33$1,421
Mar 2011384096.364.06$3,697
Feb 2011080385.644.18$3,357
Jan 2011194886.504.59$4,437
Dec 2010185085.734.35$3,781
Nov 2010080880.843.80$3,067
Oct 2010182278.103.51$2,962
Sep 2010080072.633.98$3,184
Aug 2010191473.684.42$4,113
Jul 2010299772.554.74$4,867
Jun 2010099470.364.91$4,881
May 2010390571.124.24$4,046
Apr 201011,02481.694.12$4,303
Mar 2010396678.394.39$4,475
Feb 2010390273.585.44$5,130
Jan 201021,11274.365.96$6,781
Dec 200941,27771.445.48$7,289
Nov 2009187974.593.75$3,372
Oct 2009297572.544.11$4,153
Sep 200911,04365.543.06$3,262
Aug 2009221567.423.22$827
Jul 2009374761.133.46$2,771
Jun 2009295866.163.90$3,864
May 2009093654.743.93$3,675
Apr 2009373646.773.59$2,781
Mar 2009082442.144.06$3,345
Feb 2009182532.814.63$3,855
Jan 200901,30235.865.37$6,993
Dec 200821,11037.105.98$6,709
Nov 2008097055.496.86$6,655
Oct 200801,05675.246.92$7,310
Sep 200801,099101.767.88$8,657
Aug 200841,220114.228.48$10,806
Jul 200801,517131.0811.39$17,278
Jun 200801,531131.3313.03$19,953
May 200831,576123.1711.57$18,611
Apr 20080577110.3110.45$6,032
Mar 200802,020101.909.66$19,521
Feb 200801,74492.538.77$15,296

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/236656 is the state's own key, not one this site invented.