GALVAN RANCH N6

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 237538District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$476 k
Mar 2008 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
219
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 Gas112008-08-18184184
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
CondensateDisposition94 bbl$6,601
GasProduction108,431 Mcf$468,939
Total$475,540

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 28.0331, -99.6850. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03306, -99.68500 · 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
6,519 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 6,519 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-4794000616,519 ftMar 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 (219)

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

219 months

May 20260123106.413.05$375
Apr 2026017398.932.87$496
Mar 2026021789.753.15$683
Feb 2026015763.503.75$589
Jan 2026016759.138.00$1,336
Dec 2025018156.664.41$799
Nov 2025020758.593.93$813
Oct 2025025359.383.30$836
Sep 2025057862.743.08$1,778
Aug 2025027763.933.01$835
Jul 2025026166.743.32$865
Jun 2025026166.483.13$817
May 2025046860.553.23$1,513
Apr 2025030462.363.54$1,077
Mar 2025032367.704.27$1,379
Feb 2025037770.884.34$1,637
Jan 2025032674.324.28$1,395
Dec 2024035968.993.12$1,121
Nov 2024025869.052.20$567
Oct 2024036071.372.28$821
Sep 2024033869.612.36$799
Aug 2024034875.632.06$718
Jul 2024035679.932.15$764
Jun 2024034178.082.63$898
May 2024031778.812.20$697
Apr 2024033984.451.66$562
Mar 2024035680.301.55$550
Feb 2024039976.091.78$712
Jan 2024033673.023.30$1,108
Dec 2023035371.262.61$922
Nov 2023034277.892.81$960
Oct 2023029785.443.09$917
Sep 2023031689.042.74$864
Aug 2023031680.522.67$845
Jul 2023031174.852.64$822
Jun 2023030368.962.26$684
May 2023036970.622.23$822
Apr 2023033578.122.24$750
Mar 2023036972.852.39$883
Feb 2023031375.112.47$772
Jan 2023029876.533.39$1,010
Dec 2022043076.415.73$2,464
Nov 2022042585.005.65$2,400
Oct 2022036187.185.86$2,117
Sep 2022036084.888.16$2,939
Aug 2022030494.529.13$2,775
Jul 20220400101.587.54$3,017
Jun 20220421115.097.98$3,358
May 20220392109.378.43$3,306
Apr 20220468104.226.84$3,200
Mar 20220487108.885.08$2,472
Feb 2022042091.054.86$2,041
Jan 2022051281.844.54$2,323
Dec 2021055071.323.90$2,145
Nov 2021056877.435.24$2,975
Oct 2021054879.795.71$3,131
Sep 2021050969.865.35$2,724
Aug 2021058166.024.22$2,452
Jul 2021061970.783.98$2,465
Jun 2021053969.493.38$1,822
May 2021060063.483.02$1,811
Apr 2021055460.362.76$1,528
Mar 2021055961.302.72$1,519
Feb 2021043057.805.55$2,386
Jan 2021058450.412.81$1,641
Dec 2020056544.642.68$1,512
Nov 2020050038.772.71$1,353
Oct 2020062136.972.48$1,539
Sep 2020059537.091.99$1,185
Aug 2020062339.982.39$1,486
Jul 2020062738.371.83$1,144
Jun 2020059934.901.69$1,013
May 2020061416.921.81$1,114
Apr 2020066014.751.80$1,191
Mar 2020023530.341.86$436
Feb 2020022249.881.98$440
Jan 2020026157.252.09$547
Dec 2019022959.012.30$528
Nov 2019023155.302.75$635
Oct 2019024453.472.42$590
Sep 2019024755.052.66$656
Aug 2019023653.112.30$544
Jul 2019025856.272.46$635
Jun 2019023052.782.49$573
May 2019023558.482.74$644
Apr 2019024662.632.75$677
Mar 2019025656.803.06$784
Feb 2019024150.852.79$673
Jan 2019027546.033.23$888
Dec 2018028546.594.19$1,193
Nov 2018028452.934.24$1,203
Oct 2018027961.443.40$948
Sep 2018022459.543.11$696
Aug 2018028259.403.07$865
Jul 2018026365.142.93$771
Jun 2018028060.183.08$862
May 2018031065.382.90$899
Apr 2018029463.842.90$853
Mar 2018032561.222.79$906
Feb 2018030561.782.77$844
Jan 2018028562.874.01$1,143
Dec 2017131157.272.92$966
Nov 2017033555.423.12$1,045
Oct 2017136249.292.98$1,129
Sep 2017135247.523.09$1,134
Aug 2017136445.373.00$1,139
Jul 2017015343.873.09$472
Jun 2017122342.493.09$731
May 2017138745.373.26$1,308
Apr 2017123647.933.21$806
Mar 2017044546.772.98$1,328
Feb 2017115050.452.95$493
Jan 2017234249.413.42$1,268
Dec 2016020348.763.72$756
Nov 2016039142.492.64$1,034
Oct 2016055046.193.09$1,700
Sep 2016032141.553.10$995
Aug 2016034841.442.92$1,018
Jul 2016235141.622.92$1,110
Jun 2016024445.352.69$655
May 2016034542.521.99$687
Apr 2016235236.561.99$774
Mar 2016033433.011.79$599
Feb 2016133826.472.06$724
Jan 2016017727.352.36$418
Dec 2015230432.362.00$673
Nov 2015033538.792.17$726
Oct 2015237343.552.43$992
Sep 2015040442.992.76$1,114
Aug 2015239340.162.87$1,209
Jul 2015037348.152.95$1,099
Jun 2015035356.152.88$1,018
May 2015232555.212.96$1,071
Apr 2015032949.822.71$890
Mar 2015243042.892.93$1,348
Feb 2015039944.662.98$1,188
Jan 2015224343.433.10$840
Dec 2014036154.693.59$1,296
Nov 2014113070.464.25$623
Oct 2014014478.303.90$562
Sep 2014132086.164.05$1,381
Aug 2014032589.394.04$1,311
Jul 2014032196.564.18$1,342
Jun 2014130898.164.74$1,557
May 2014038394.734.73$1,810
Apr 2014237395.944.81$1,986
Mar 2014039795.895.06$2,008
Feb 2014241997.406.19$2,789
Jan 2014032590.404.86$1,580
Dec 2013031291.824.35$1,359
Nov 2013039888.853.74$1,488
Oct 2013042297.423.78$1,595
Sep 20130428104.113.72$1,591
Aug 20130443104.253.52$1,561
Jul 20130469102.523.72$1,744
Jun 2013042494.403.93$1,668
May 2013046894.834.15$1,942
Apr 2013048093.964.28$2,056
Mar 2013048693.623.91$1,902
Feb 2013044491.233.42$1,518
Jan 2013046191.603.42$1,577
Dec 2012049986.773.42$1,707
Nov 2012049886.953.62$1,805
Oct 2012052289.383.40$1,775
Sep 2012050594.672.92$1,474
Aug 2012054392.662.91$1,579
Jul 2012054885.133.02$1,655
Jun 2012058879.822.52$1,481
May 2012158891.612.49$1,555
Apr 20120603101.652.00$1,204
Mar 20120681105.052.22$1,513
Feb 20120662101.102.57$1,702
Jan 2012064598.092.73$1,763
Dec 2011058696.873.24$1,898
Nov 2011278395.723.31$2,784
Oct 2011064184.983.65$2,339
Sep 2011045483.623.99$1,810
Aug 2011026883.404.15$1,112
Jul 2011047294.144.52$2,132
Jun 20110092.904.64$0
May 201126098.134.40$461
Apr 20110647105.964.33$2,804
Mar 2011398196.364.06$4,269
Feb 2011096485.644.18$4,030
Jan 2011185686.504.59$4,015
Dec 2010292685.734.35$4,197
Nov 2010094280.843.80$3,575
Oct 201021,05078.103.51$3,841
Sep 201001,06072.633.98$4,218
Aug 201021,31673.684.42$5,963
Jul 201021,06272.554.74$5,175
Jun 201001,21470.364.91$5,961
May 201031,48971.124.24$6,520
Apr 201021,07081.694.12$4,575
Mar 201021,04578.394.39$4,743
Feb 2010148273.585.44$2,697
Jan 2010164574.365.96$3,921
Dec 2009376871.445.48$4,426
Nov 2009183774.593.75$3,215
Oct 2009298772.544.11$4,202
Sep 200921,16065.543.06$3,686
Aug 200931,19167.423.22$4,035
Jul 200941,06261.133.46$3,924
Jun 2009298866.163.90$3,981
May 200901,03554.743.93$4,063
Apr 2009393646.773.59$3,498
Mar 2009095442.144.06$3,872
Feb 2009184432.814.63$3,943
Jan 200901,11435.865.37$5,983
Dec 200831,20937.105.98$7,338
Nov 200801,21155.496.86$8,308
Oct 200801,42675.246.92$9,871
Sep 200801,305101.767.88$10,280
Aug 200831,128114.228.48$9,912
Jul 200801,449131.0811.39$16,503
Jun 200801,966131.3313.03$25,622
May 200861,176123.1711.57$14,350
Apr 200811,716110.3110.45$18,051
Mar 20080389101.909.66$3,759

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                  123 Mcf  × $  3.05 =       $375

────────────────────────────────────────────────────
Month total                                     $375

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/237538 is the state's own key, not one this site invented.