GALVAN RANCH N8

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 238457District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$769 k
Feb 2008 – May 2026
Value, last 12 filed months
$8 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 Gas112008-09-23184182
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
CondensateDisposition174 bbl$12,587
GasProduction163,458 Mcf$756,485
Total$769,073

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 28.0405, -99.6688. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04049, -99.66881 · 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
6,735 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 6,735 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-4794000816,735 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 (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 20260100106.413.05$305
Apr 2026014198.932.87$405
Mar 2026015089.753.15$472
Feb 2026012863.503.75$480
Jan 2026013659.138.00$1,088
Dec 2025014856.664.41$653
Nov 2025016958.593.93$664
Oct 2025020659.383.30$681
Sep 2025038962.743.08$1,197
Aug 2025022563.933.01$678
Jul 2025021266.743.32$703
Jun 2025021266.483.13$663
May 2025031560.553.23$1,018
Apr 2025024862.363.54$879
Mar 2025026467.704.27$1,127
Feb 2025030770.884.34$1,333
Jan 2025026574.324.28$1,134
Dec 2024029368.993.12$915
Nov 2024021169.052.20$464
Oct 2024029471.372.28$671
Sep 2024027569.612.36$650
Aug 2024028475.632.06$586
Jul 2024029079.932.15$623
Jun 2024027878.082.63$732
May 2024025878.812.20$567
Apr 2024027684.451.66$458
Mar 2024029080.301.55$448
Feb 2024032576.091.78$580
Jan 2024027473.023.30$904
Dec 2023028771.262.61$749
Nov 2023027977.892.81$783
Oct 2023024285.443.09$747
Sep 2023025789.042.74$703
Aug 2023025780.522.67$687
Jul 2023025374.852.64$668
Jun 2023024768.962.26$558
May 2023030170.622.23$670
Apr 2023027378.122.24$611
Mar 2023030172.852.39$720
Feb 2023025575.112.47$629
Jan 2023024376.533.39$823
Dec 2022035076.415.73$2,005
Nov 2022034685.005.65$1,954
Oct 2022029487.185.86$1,724
Sep 2022029484.888.16$2,400
Aug 2022024894.529.13$2,264
Jul 20220326101.587.54$2,459
Jun 20220343115.097.98$2,736
May 20220320109.378.43$2,699
Apr 20220381104.226.84$2,605
Mar 20220397108.885.08$2,015
Feb 2022034391.054.86$1,667
Jan 2022041781.844.54$1,892
Dec 2021044871.323.90$1,747
Nov 2021046377.435.24$2,425
Oct 2021044779.795.71$2,554
Sep 2021021269.865.35$1,134
Aug 2021024266.024.22$1,021
Jul 2021025870.783.98$1,027
Jun 2021022569.493.38$761
May 2021025063.483.02$754
Apr 2021023160.362.76$637
Mar 2021023361.302.72$633
Feb 2021017957.805.55$993
Jan 2021024350.412.81$683
Dec 2020023644.642.68$631
Nov 2020020938.772.71$566
Oct 2020025936.972.48$642
Sep 2020024837.091.99$494
Aug 2020026039.982.39$620
Jul 2020026138.371.83$476
Jun 2020024934.901.69$421
May 2020025616.921.81$465
Apr 2020027514.751.80$496
Mar 2020029030.341.86$538
Feb 2020027449.881.98$543
Jan 2020032257.252.09$675
Dec 2019028259.012.30$650
Nov 2019028555.302.75$784
Oct 2019030153.472.42$728
Sep 2019030555.052.66$810
Aug 2019029253.112.30$673
Jul 2019031956.272.46$785
Jun 2019028452.782.49$708
May 2019028958.482.74$792
Apr 2019030462.632.75$836
Mar 2019031656.803.06$968
Feb 2019029750.852.79$829
Jan 2019033946.033.23$1,094
Dec 2018035146.594.19$1,469
Nov 2018035052.934.24$1,483
Oct 2018034561.443.40$1,172
Sep 2018027759.543.11$861
Aug 2018034859.403.07$1,067
Jul 2018032465.142.93$950
Jun 2018034560.183.08$1,062
May 2018038365.382.90$1,111
Apr 2018036363.842.90$1,053
Mar 2018040161.222.79$1,118
Feb 2018037661.782.77$1,040
Jan 2018035262.874.01$1,411
Dec 2017338457.272.92$1,294
Nov 2017041355.423.12$1,288
Oct 2017144749.292.98$1,383
Sep 2017140047.523.09$1,282
Aug 2017148845.373.00$1,512
Jul 2017048243.873.09$1,488
Jun 2017148842.493.09$1,549
May 2017150745.373.26$1,700
Apr 2017153747.933.21$1,773
Mar 2017052146.772.98$1,555
Feb 2017245750.452.95$1,450
Jan 2017547549.413.42$1,871
Dec 2016042448.763.72$1,578
Nov 2016048642.492.64$1,285
Oct 2016158546.193.09$1,854
Sep 2016047741.553.10$1,479
Aug 2016151141.442.92$1,536
Jul 2016454341.622.92$1,754
Jun 2016057745.352.69$1,550
May 2016060142.521.99$1,197
Apr 2016356836.561.99$1,241
Mar 2016066333.011.79$1,189
Feb 2016270726.472.06$1,512
Jan 2016047027.352.36$1,111
Dec 2015463432.362.00$1,398
Nov 2015069838.792.17$1,513
Oct 2015477543.552.43$2,055
Sep 2015078142.992.76$2,154
Aug 2015375940.162.87$2,301
Jul 2015066748.152.95$1,964
Jun 2015057256.152.88$1,649
May 2015245555.212.96$1,455
Apr 2015045949.822.71$1,242
Mar 2015125842.892.93$800
Feb 2015013844.662.98$411
Jan 201511043.433.10$74
Dec 2014039054.693.59$1,401
Nov 2014357570.464.25$2,656
Oct 2014063578.303.90$2,477
Sep 2014471886.164.05$3,249
Aug 2014087389.394.04$3,523
Jul 2014086296.564.18$3,603
Jun 2014382798.164.74$4,212
May 2014082794.734.73$3,909
Apr 2014387295.944.81$4,481
Mar 2014075695.895.06$3,823
Feb 2014382797.406.19$5,413
Jan 2014071690.404.86$3,480
Dec 2013075791.824.35$3,296
Nov 2013073688.853.74$2,751
Oct 2013082597.423.78$3,118
Sep 20130807104.113.72$3,000
Aug 20130754104.253.52$2,656
Jul 20130848102.523.72$3,153
Jun 201301,00894.403.93$3,965
May 201301,13494.834.15$4,705
Apr 2013094893.964.28$4,060
Mar 2013076493.623.91$2,989
Feb 2013073091.233.42$2,497
Jan 2013066891.603.42$2,285
Dec 201201,07586.773.42$3,677
Nov 201202,57386.953.62$9,327
Oct 201201,76189.383.40$5,987
Sep 201201,01594.672.92$2,962
Aug 201201,14792.662.91$3,336
Jul 201201,21185.133.02$3,658
Jun 201201,21679.822.52$3,063
May 201231,20491.612.49$3,271
Apr 201201,512101.652.00$3,019
Mar 201201,739105.052.22$3,864
Feb 201201,163101.102.57$2,989
Jan 201201,53498.092.73$4,194
Dec 201102,15696.873.24$6,985
Nov 201152,61095.723.31$9,121
Oct 201109684.983.65$350
Sep 201101,49883.623.99$5,971
Aug 201105883.404.15$241
Jul 2011010894.144.52$488
Jun 20110092.904.64$0
May 201131,08298.134.40$5,060
Apr 20110766105.964.33$3,319
Mar 201151,52996.364.06$6,685
Feb 201101,30085.644.18$5,434
Jan 201121,54686.504.59$7,267
Dec 201031,66285.734.35$7,483
Nov 201001,59980.843.80$6,069
Oct 201031,62978.103.51$5,950
Sep 201011,60072.633.98$6,440
Aug 201031,75773.684.42$7,986
Jul 201021,74072.554.74$8,387
Jun 201001,67670.364.91$8,230
May 201041,50071.124.24$6,637
Apr 201021,22281.694.12$5,201
Mar 201041,34178.394.39$6,199
Feb 201041,38373.585.44$7,821
Jan 201031,56374.365.96$9,545
Dec 200961,68671.445.48$9,674
Nov 200921,67874.593.75$6,444
Oct 200941,74472.544.11$7,458
Sep 200931,76165.543.06$5,594
Aug 200962,16367.423.22$7,366
Jul 200981,83461.133.46$6,843
Jun 200942,03466.163.90$8,187
May 200901,67854.743.93$6,587
Apr 200971,79946.773.59$6,781
Mar 200901,95842.144.06$7,948
Feb 200921,72232.814.63$8,044
Jan 200902,02935.865.37$10,898
Dec 200852,11537.105.98$12,827
Nov 200802,13855.496.86$14,667
Oct 200802,74575.246.92$19,001
Sep 200802,422101.767.88$19,078
Aug 200872,602114.228.48$22,872
Jul 200803,060131.0811.39$34,852
Jun 200803,064131.3313.03$39,932
May 2008122,717123.1711.57$32,925
Apr 200833,547110.3110.45$37,414
Mar 200802,390101.909.66$23,097
Feb 2008011292.538.77$982

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                  100 Mcf  × $  3.05 =       $305

────────────────────────────────────────────────────
Month total                                     $305

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/238457 is the state's own key, not one this site invented.