GALVAN RANCH P10

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 239739District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Mar 2008 – May 2026
Value, last 12 filed months
$9 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 Gas112008-10-16184194
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
CondensateDisposition1,018 bbl$84,531
GasProduction362,006 Mcf$1,879,138
Total$1,963,669

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 28.0479, -99.6520. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04787, -99.65204 · 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
6,824 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 6,824 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-4794004616,824 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 (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 20260141106.413.05$429
Apr 2026019998.932.87$571
Mar 2026024889.753.15$781
Feb 2026018163.503.75$679
Jan 2026019159.138.00$1,528
Dec 2025020856.664.41$918
Nov 2025023858.593.93$934
Oct 2025029059.383.30$958
Sep 202508362.743.08$255
Aug 2025031863.933.01$959
Jul 202508766.743.32$288
Jun 202508766.483.13$272
May 202509660.553.23$310
Apr 2025035062.363.54$1,240
Mar 2025037167.704.27$1,584
Feb 2025043270.884.34$1,875
Jan 2025037474.324.28$1,600
Dec 2024041368.993.12$1,289
Nov 2024029769.052.20$653
Oct 2024041471.372.28$945
Sep 2024038869.612.36$917
Aug 2024040075.632.06$825
Jul 2024040879.932.15$876
Jun 2024039278.082.63$1,033
May 2024036478.812.20$800
Apr 2024038984.451.66$645
Mar 2024040980.301.55$632
Feb 2024045876.091.78$817
Jan 2024038673.023.30$1,273
Dec 2023040571.262.61$1,057
Nov 2023039377.892.81$1,103
Oct 2023034185.443.09$1,053
Sep 2023036389.042.74$993
Aug 2023036380.522.67$970
Jul 2023035774.852.64$943
Jun 2023034868.962.26$786
May 2023042470.622.23$944
Apr 2023038578.122.24$862
Mar 2023042472.852.39$1,015
Feb 2023035975.112.47$885
Jan 2023034276.533.39$1,159
Dec 2022049476.415.73$2,830
Nov 2022048885.005.65$2,755
Oct 2022041587.185.86$2,433
Sep 2022041484.888.16$3,380
Aug 2022034994.529.13$3,185
Jul 20220460101.587.54$3,469
Jun 20220483115.097.98$3,853
May 20220450109.378.43$3,795
Apr 20220537104.226.84$3,672
Mar 20220559108.885.08$2,838
Feb 2022048291.054.86$2,342
Jan 2022058881.844.54$2,668
Dec 2021063171.323.90$2,460
Nov 2021065277.435.24$3,414
Oct 2021063079.795.71$3,600
Sep 2021057369.865.35$3,066
Aug 2021065466.024.22$2,760
Jul 2021069670.783.98$2,772
Jun 2021061069.493.38$2,062
May 2021067563.483.02$2,037
Apr 2021062460.362.76$1,721
Mar 2021062961.302.72$1,709
Feb 2021048457.805.55$2,685
Jan 2021067350.412.81$1,891
Dec 2020058144.642.68$1,554
Nov 2020061038.772.71$1,651
Oct 2020051136.972.48$1,266
Sep 2020048037.091.99$956
Aug 2020051039.982.39$1,216
Jul 2020055538.371.83$1,013
Jun 2020056334.901.69$952
May 2020051116.921.81$927
Apr 2020056814.751.80$1,025
Mar 2020085830.341.86$1,593
Feb 2020080949.881.98$1,602
Jan 2020095157.252.09$1,992
Dec 2019083359.012.30$1,920
Nov 2019084355.302.75$2,319
Oct 2019088853.472.42$2,148
Sep 2019090155.052.66$2,394
Aug 2019086253.112.30$1,986
Jul 2019094156.272.46$2,315
Jun 2019083952.782.49$2,090
May 2019085558.482.74$2,343
Apr 2019089762.632.75$2,467
Mar 2019093356.803.06$2,857
Feb 2019087750.852.79$2,449
Jan 201901,00146.033.23$3,231
Dec 201801,03846.594.19$4,344
Nov 201801,03452.934.24$4,381
Oct 201801,01861.443.40$3,459
Sep 2018081759.543.11$2,539
Aug 201801,02859.403.07$3,152
Jul 2018095965.142.93$2,812
Jun 201801,01960.183.08$3,135
May 201801,13065.382.90$3,278
Apr 201801,07163.842.90$3,107
Mar 201801,18561.222.79$3,302
Feb 201801,11161.782.77$3,073
Jan 201801,03962.874.01$4,166
Dec 201701,13457.272.92$3,313
Nov 201751,21955.423.12$4,078
Oct 201751,23449.292.98$3,928
Sep 201751,15947.523.09$3,816
Aug 201751,35045.373.00$4,283
Jul 201701,30743.873.09$4,035
Jun 201751,17942.493.09$3,852
May 201751,12645.373.26$3,901
Apr 201751,05147.933.21$3,615
Mar 201741,37746.772.98$4,296
Feb 2017594750.452.95$3,048
Jan 2017101,05049.413.42$4,084
Dec 201601,05948.763.72$3,942
Nov 201641,66342.492.64$4,568
Oct 2016967946.193.09$2,514
Sep 2016468141.553.10$2,278
Aug 2016160541.442.92$1,811
Jul 2016447841.622.92$1,564
Jun 2016047845.352.69$1,284
May 2016055342.521.99$1,101
Apr 2016958636.561.99$1,496
Mar 2016062333.011.79$1,118
Feb 2016462426.472.06$1,394
Jan 2016462327.352.36$1,582
Dec 2015078432.362.00$1,569
Nov 2015072638.792.17$1,573
Oct 2015080743.552.43$1,958
Sep 2015082742.992.76$2,281
Aug 2015080440.162.87$2,309
Jul 2015074448.152.95$2,191
Jun 2015068256.152.88$1,966
May 2015473955.212.96$2,405
Apr 2015074649.822.71$2,019
Mar 2015078842.892.93$2,313
Feb 2015059944.662.98$1,783
Jan 2015026843.433.10$831
Dec 2014065754.693.59$2,360
Nov 2014087970.464.25$3,737
Oct 2014097278.303.90$3,792
Sep 2014086386.164.05$3,491
Aug 2014091089.394.04$3,672
Jul 2014089796.564.18$3,749
Jun 2014086298.164.74$4,083
May 2014491194.734.73$4,685
Apr 2014095495.944.81$4,588
Mar 2014492195.895.06$5,041
Feb 2014089797.406.19$5,554
Jan 2014399690.404.86$5,112
Dec 2013088691.824.35$3,858
Nov 2013076988.853.74$2,875
Oct 2013088197.423.78$3,330
Sep 201351,002104.113.72$4,246
Aug 201301,009104.253.52$3,554
Jul 201301,054102.523.72$3,919
Jun 2013099294.403.93$3,902
May 201301,06694.834.15$4,423
Apr 201301,10193.964.28$4,715
Mar 201301,26393.623.91$4,942
Feb 2013082591.233.42$2,821
Jan 201301,20691.603.42$4,124
Dec 201201,22686.773.42$4,193
Nov 201201,23386.953.62$4,470
Oct 201201,25389.383.40$4,260
Sep 201201,29194.672.92$3,768
Aug 201201,45592.662.91$4,231
Jul 201241,56485.133.02$5,065
Jun 201201,59479.822.52$4,015
May 201251,62691.612.49$4,504
Apr 201201,651101.652.00$3,297
Mar 201241,657105.052.22$4,102
Feb 201291,734101.102.57$5,367
Jan 201242,04198.092.73$5,973
Dec 201182,06396.873.24$7,459
Nov 201142,52995.723.31$8,757
Oct 201192,60184.983.65$10,255
Sep 201193,39883.623.99$14,296
Aug 2011414283.404.15$923
Jul 201101,61994.144.52$7,313
Jun 20110092.904.64$0
May 201102,04398.134.40$8,999
Apr 20110355105.964.33$1,538
Mar 2011112,81296.364.06$12,469
Feb 201152,98285.644.18$12,893
Jan 2011163,45386.504.59$17,229
Dec 2010103,68685.734.35$16,883
Nov 2010113,59980.843.80$14,549
Oct 2010113,83878.103.51$14,326
Sep 2010103,80372.633.98$15,860
Aug 2010124,22073.684.42$19,534
Jul 201064,29972.554.74$20,797
Jun 2010134,11270.364.91$21,106
May 2010194,50671.124.24$20,435
Apr 2010224,47681.694.12$20,250
Mar 2010354,67278.394.39$23,248
Feb 2010244,39273.585.44$25,669
Jan 2010244,79374.365.96$30,371
Dec 2009124,98971.445.48$28,216
Nov 2009225,05074.593.75$20,586
Oct 2009105,34372.544.11$22,686
Sep 2009255,32565.543.06$17,958
Aug 2009275,18667.423.22$18,511
Jul 200905,57661.133.46$19,318
Jun 2009305,87066.163.90$24,848
May 2009166,01454.743.93$24,485
Apr 2009155,89546.773.59$21,850
Mar 200906,44542.144.06$26,160
Feb 2009285,95132.814.63$28,490
Jan 2009146,96335.865.37$37,900
Dec 2008427,31237.105.98$45,263
Nov 2008307,23355.496.86$51,286
Oct 2008339,47175.246.92$68,041
Sep 2008348,556101.767.88$70,856
Aug 20083410,085114.228.48$89,435
Jul 2008537,524131.0811.39$92,641
Jun 20084610,658131.3313.03$144,943
May 200812011,344123.1711.57$146,079
Apr 20082517,354110.3110.45$184,191
Mar 2008080101.909.66$773

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                  141 Mcf  × $  3.05 =       $429

────────────────────────────────────────────────────
Month total                                     $429

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/239739 is the state's own key, not one this site invented.