GALVAN RANCH N1

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 236657District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$216 k
Feb 2008 – May 2026
Value, last 12 filed months
$2 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 Gas112008-08-18184177
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
CondensateDisposition38 bbl$2,808
GasProduction50,137 Mcf$213,283
Total$216,090

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 28.0439, -99.6697. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04395, -99.66973 · 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
6,750 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 6,750 ft.

Completions filed
Feb 2008
1 of 1 wells

1 well

42-4794000116,750 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 2026023106.413.05$70
Apr 202603298.932.87$92
Mar 202605089.753.15$157
Feb 202602963.503.75$109
Jan 202603159.138.00$248
Dec 202503456.664.41$150
Nov 202503858.593.93$149
Oct 202504759.383.30$155
Sep 202502262.743.08$68
Aug 202505163.933.01$154
Jul 202504866.743.32$159
Jun 202504866.483.13$150
May 202501860.553.23$58
Apr 202505662.363.54$198
Mar 202506067.704.27$256
Feb 202507070.884.34$304
Jan 202506074.324.28$257
Dec 202406768.993.12$209
Nov 202404869.052.20$106
Oct 202406771.372.28$153
Sep 202406369.612.36$149
Aug 202406575.632.06$134
Jul 202406679.932.15$142
Jun 202406378.082.63$166
May 202405978.812.20$130
Apr 202406384.451.66$105
Mar 202406680.301.55$102
Feb 202407476.091.78$132
Jan 202406273.023.30$204
Dec 202306571.262.61$170
Nov 202306377.892.81$177
Oct 202305585.443.09$170
Sep 202305989.042.74$161
Aug 202305980.522.67$158
Jul 202305874.852.64$153
Jun 202305668.962.26$126
May 202306870.622.23$151
Apr 202306278.122.24$139
Mar 202306872.852.39$163
Feb 202305875.112.47$143
Jan 202305576.533.39$186
Dec 202208076.415.73$458
Nov 202207985.005.65$446
Oct 202206787.185.86$393
Sep 202206784.888.16$547
Aug 202205694.529.13$511
Jul 2022074101.587.54$558
Jun 2022078115.097.98$622
May 2022073109.378.43$616
Apr 2022087104.226.84$595
Mar 2022090108.885.08$457
Feb 202207891.054.86$379
Jan 202209581.844.54$431
Dec 2021010271.323.90$398
Nov 2021010577.435.24$550
Oct 2021010279.795.71$583
Sep 2021017069.865.35$910
Aug 2021019466.024.22$819
Jul 2021020670.783.98$820
Jun 2021018069.493.38$609
May 2021020063.483.02$604
Apr 2021018560.362.76$510
Mar 2021018661.302.72$505
Feb 2021014357.805.55$793
Jan 2021019450.412.81$545
Dec 2020018844.642.68$503
Nov 2020016738.772.71$452
Oct 2020020736.972.48$513
Sep 2020019837.091.99$394
Aug 2020020739.982.39$494
Jul 2020020938.371.83$381
Jun 2020020034.901.69$338
May 2020020516.921.81$372
Apr 2020022014.751.80$397
Mar 2020023630.341.86$438
Feb 2020022249.881.98$440
Jan 2020026257.252.09$549
Dec 2019022959.012.30$528
Nov 2019023255.302.75$638
Oct 2019024453.472.42$590
Sep 2019024855.052.66$659
Aug 2019023753.112.30$546
Jul 2019025956.272.46$637
Jun 2019023152.782.49$575
May 2019023558.482.74$644
Apr 2019024762.632.75$679
Mar 2019025756.803.06$787
Feb 2019024150.852.79$673
Jan 2019027546.033.23$888
Dec 2018028546.594.19$1,193
Nov 2018028452.934.24$1,203
Oct 2018028061.443.40$951
Sep 2018022559.543.11$699
Aug 2018028359.403.07$868
Jul 2018026465.142.93$774
Jun 2018028060.183.08$862
May 2018031165.382.90$902
Apr 2018029563.842.90$856
Mar 2018032661.222.79$909
Feb 2018030661.782.77$846
Jan 2018028662.874.01$1,147
Dec 2017031257.272.92$912
Nov 2017033555.423.12$1,045
Oct 2017036349.292.98$1,083
Sep 2017037547.523.09$1,158
Aug 2017044445.373.00$1,334
Jul 2017043243.873.09$1,334
Jun 2017049242.493.09$1,519
May 2017043145.373.26$1,407
Apr 2017022647.933.21$726
Mar 2017039946.772.98$1,190
Feb 2017037650.452.95$1,110
Jan 2017047749.413.42$1,631
Dec 2016048748.763.72$1,813
Nov 2016040842.492.64$1,079
Oct 2016014546.193.09$448
Sep 2016039541.553.10$1,225
Aug 2016041541.442.92$1,214
Jul 20160041.622.92$0
Jun 2016010745.352.69$287
May 2016019642.521.99$390
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015125532.362.00$543
Nov 2015016638.792.17$360
Oct 2015118543.552.43$492
Sep 201504942.992.76$135
Aug 201504840.162.87$138
Jul 201504648.152.95$135
Jun 201504356.152.88$124
May 201503255.212.96$95
Apr 201503249.822.71$87
Mar 2015116042.892.93$512
Feb 2015010544.662.98$313
Jan 201513243.433.10$143
Dec 2014023454.693.59$840
Nov 2014115570.464.25$730
Oct 2014017278.303.90$671
Sep 201407786.164.05$312
Aug 20140489.394.04$16
Jul 20140496.564.18$17
Jun 20140498.164.74$19
May 20140394.734.73$14
Apr 20141595.944.81$120
Mar 2014021495.895.06$1,082
Feb 201417297.406.19$543
Jan 2014016390.404.86$792
Dec 2013011791.824.35$509
Nov 2013016588.853.74$617
Oct 2013023797.423.78$896
Sep 20130205104.113.72$762
Aug 20130276104.253.52$972
Jul 20130200102.523.72$744
Jun 2013025294.403.93$991
May 2013020194.834.15$834
Apr 2013018793.964.28$801
Mar 2013025293.623.91$986
Feb 2013043491.233.42$1,484
Jan 20130091.603.42$0
Dec 201203786.773.42$127
Nov 2012033486.953.62$1,211
Oct 2012033889.383.40$1,149
Sep 2012030194.672.92$878
Aug 2012036592.662.91$1,061
Jul 2012034285.133.02$1,033
Jun 2012035979.822.52$904
May 2012135191.612.49$965
Apr 20120393101.652.00$785
Mar 20120330105.052.22$733
Feb 20120425101.102.57$1,092
Jan 2012039298.092.73$1,072
Dec 2011044096.873.24$1,425
Nov 2011287595.723.31$3,089
Oct 2011021784.983.65$792
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011066794.144.52$3,013
Jun 201101792.904.64$79
May 2011126298.134.40$1,252
Apr 20110265105.964.33$1,148
Mar 2011245196.364.06$2,023
Feb 2011040585.644.18$1,693
Jan 2011149286.504.59$2,344
Dec 2010146985.734.35$2,125
Nov 2010048680.843.80$1,845
Oct 2010148178.103.51$1,766
Sep 2010046072.633.98$1,831
Aug 2010151273.684.42$2,336
Jul 2010153072.554.74$2,583
Jun 2010048970.364.91$2,401
May 2010132071.124.24$1,426
Apr 2010042281.694.12$1,740
Mar 2010123178.394.39$1,092
Feb 2010134373.585.44$1,940
Jan 2010144974.365.96$2,752
Dec 2009141571.445.48$2,347
Nov 2009116574.593.75$694
Oct 2009147372.544.11$2,017
Sep 2009144665.543.06$1,432
Aug 2009136067.423.22$1,226
Jul 2009250861.133.46$1,882
Jun 2009163666.163.90$2,543
May 2009050454.743.93$1,979
Apr 2009245546.773.59$1,726
Mar 2009048542.144.06$1,969
Feb 2009142732.814.63$2,011
Jan 2009050035.865.37$2,686
Dec 2008157537.105.98$3,474
Nov 2008053655.496.86$3,677
Oct 2008065875.246.92$4,555
Sep 20080504101.767.88$3,970
Aug 20081440114.228.48$3,847
Jul 20080616131.0811.39$7,016
Jun 200802,052131.3313.03$26,743
May 20080130123.1711.57$1,505
Apr 200800110.3110.45$0
Mar 200822101.909.66$223
Feb 2008142192.538.77$3,785

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                   23 Mcf  × $  3.05 =        $70

────────────────────────────────────────────────────
Month total                                      $70

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/236657 is the state's own key, not one this site invented.