GALVAN RANCH P8

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 239731District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Apr 2008 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
218
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 Gas112008-10-30184193
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
CondensateDisposition567 bbl$48,228
GasProduction224,782 Mcf$1,135,747
Total$1,183,975

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 28.0526, -99.6410. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05256, -99.64097 · 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
6,880 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 6,880 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-4794005316,880 ftApr 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 (218)

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

218 months

May 20260118106.413.05$359
Apr 2026016798.932.87$479
Mar 2026020889.753.15$655
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 2025024062.743.08$738
Aug 2025026663.933.01$802
Jul 2025025166.743.32$832
Jun 2025025166.483.13$785
May 2025027660.553.23$892
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 2021048869.865.35$2,611
Aug 2021055766.024.22$2,351
Jul 2021059370.783.98$2,361
Jun 2021051769.493.38$1,748
May 2021057563.483.02$1,735
Apr 2021053160.362.76$1,465
Mar 2021053561.302.72$1,454
Feb 2021041257.805.55$2,286
Jan 2021057350.412.81$1,610
Dec 2020049444.642.68$1,322
Nov 2020052038.772.71$1,407
Oct 2020043636.972.48$1,081
Sep 2020042737.091.99$850
Aug 2020045339.982.39$1,080
Jul 2020049238.371.83$898
Jun 2020050034.901.69$845
May 2020045516.921.81$826
Apr 2020050514.751.80$911
Mar 2020087130.341.86$1,617
Feb 2020082149.881.98$1,626
Jan 2020096557.252.09$2,021
Dec 2019084659.012.30$1,949
Nov 2019085555.302.75$2,352
Oct 2019090153.472.42$2,179
Sep 2019091555.052.66$2,431
Aug 2019087553.112.30$2,016
Jul 2019095556.272.46$2,349
Jun 2019085252.782.49$2,123
May 2019086858.482.74$2,379
Apr 2019091062.632.75$2,503
Mar 2019094756.803.06$2,900
Feb 2019089050.852.79$2,485
Jan 201901,01646.033.23$3,280
Dec 201801,05346.594.19$4,407
Nov 201801,04952.934.24$4,445
Oct 201801,03361.443.40$3,510
Sep 2018082959.543.11$2,577
Aug 201801,04359.403.07$3,198
Jul 2018097365.142.93$2,853
Jun 201801,03560.183.08$3,185
May 201801,14765.382.90$3,327
Apr 201801,08763.842.90$3,153
Mar 201801,20261.222.79$3,350
Feb 201801,12761.782.77$3,117
Jan 201801,05462.874.01$4,226
Dec 201701,15157.272.92$3,363
Nov 201741,23855.423.12$4,082
Oct 201741,25349.292.98$3,936
Sep 201751,14947.523.09$3,785
Aug 201741,28445.373.00$4,039
Jul 201701,30343.873.09$4,023
Jun 201741,14742.493.09$3,711
May 201751,05845.373.26$3,680
Apr 201751,02447.933.21$3,528
Mar 2017386146.772.98$2,709
Feb 2017554450.452.95$1,858
Jan 201781,00149.413.42$3,818
Dec 2016063348.763.72$2,357
Nov 2016450542.492.64$1,505
Oct 2016843246.193.09$1,705
Sep 2016448641.553.10$1,673
Aug 2016164941.442.92$1,939
Jul 2016439741.622.92$1,327
Jun 2016035145.352.69$943
May 2016041542.521.99$826
Apr 2016744236.561.99$1,136
Mar 2016047433.011.79$850
Feb 2016453726.472.06$1,214
Jan 2016453127.352.36$1,365
Dec 2015057832.362.00$1,157
Nov 2015046138.792.17$999
Oct 2015051243.552.43$1,242
Sep 2015059842.992.76$1,650
Aug 2015058140.162.87$1,669
Jul 2015052748.152.95$1,552
Jun 2015047056.152.88$1,355
May 2015648555.212.96$1,765
Apr 2015049049.822.71$1,326
Mar 2015057942.892.93$1,699
Feb 2015067544.662.98$2,009
Jan 2015051143.433.10$1,584
Dec 2014074154.693.59$2,661
Nov 2014027370.464.25$1,161
Oct 2014030278.303.90$1,178
Sep 2014042586.164.05$1,719
Aug 201401,03789.394.04$4,184
Jul 201401,02296.564.18$4,272
Jun 2014098198.164.74$4,647
May 2014499994.734.73$5,101
Apr 201401,03595.944.81$4,977
Mar 201441,11395.895.06$6,012
Feb 2014082397.406.19$5,096
Jan 2014390490.404.86$4,665
Dec 2013082191.824.35$3,575
Nov 2013072488.853.74$2,707
Oct 2013079197.423.78$2,989
Sep 20133832104.113.72$3,405
Aug 20130857104.253.52$3,019
Jul 20130881102.523.72$3,275
Jun 2013082394.403.93$3,237
May 2013087594.834.15$3,630
Apr 2013093093.964.28$3,983
Mar 201301,04793.623.91$4,097
Feb 2013078191.233.42$2,671
Jan 2013098791.603.42$3,375
Dec 2012096086.773.42$3,283
Nov 2012096186.953.62$3,484
Oct 2012097789.383.40$3,321
Sep 2012096994.672.92$2,828
Aug 201201,02792.662.91$2,987
Jul 201231,16985.133.02$3,787
Jun 201201,13779.822.52$2,864
May 201231,16091.612.49$3,161
Apr 201201,188101.652.00$2,372
Mar 201231,130105.052.22$2,826
Feb 201261,192101.102.57$3,670
Jan 201231,35798.092.73$4,004
Dec 201151,30796.873.24$4,719
Nov 201131,84095.723.31$6,380
Oct 201161,70284.983.65$6,720
Sep 201162,30083.623.99$9,669
Aug 2011218883.404.15$947
Jul 2011093194.144.52$4,206
Jun 20110092.904.64$0
May 2011087698.134.40$3,859
Apr 20110183105.964.33$793
Mar 201141,07396.364.06$4,739
Feb 201121,09785.644.18$4,757
Jan 201161,25486.504.59$6,273
Dec 201041,34285.734.35$6,178
Nov 201041,22180.843.80$4,957
Oct 201031,34678.103.51$4,957
Sep 201031,07872.633.98$4,508
Aug 201031,00573.684.42$4,663
Jul 2010297872.554.74$4,777
Jun 201051,64670.364.91$8,434
May 201081,80571.124.24$8,214
Apr 201091,83481.694.12$8,296
Mar 2010131,85878.394.39$9,173
Feb 201091,62373.585.44$9,495
Jan 2010101,91574.365.96$12,165
Dec 200952,02771.445.48$11,473
Nov 200992,12774.593.75$8,651
Oct 200952,16072.544.11$9,241
Sep 2009143,37365.543.06$11,255
Aug 2009112,14367.423.22$7,639
Jul 200902,30761.133.46$7,993
Jun 2009132,46966.163.90$10,477
May 200972,64454.743.93$10,763
Apr 200972,70646.773.59$10,035
Mar 200902,90342.144.06$11,783
Feb 2009122,65832.814.63$12,708
Jan 200963,12035.865.37$16,973
Dec 2008193,36837.105.98$20,836
Nov 2008143,33355.496.86$23,642
Oct 2008154,54575.246.92$32,589
Sep 2008153,994101.767.88$32,988
Aug 2008174,310114.228.48$38,504
Jul 2008375,631131.0811.39$68,984
Jun 2008306,461131.3313.03$88,144
May 2008868,371123.1711.57$107,481
Apr 20081711,861110.3110.45$125,880

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/239731 is the state's own key, not one this site invented.