GALVAN RANCH P11

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 240286District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$509 k
Apr 2008 – May 2026
Value, last 12 filed months
$1 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 Gas112008-10-30184195
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
CondensateDisposition131 bbl$9,615
GasProduction111,777 Mcf$499,637
Total$509,253

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 28.0381, -99.6556. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03807, -99.65563 · 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

42-4794004816,880 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 2026018106.413.05$55
Apr 202602598.932.87$72
Mar 202603689.753.15$113
Feb 202602363.503.75$86
Jan 202602559.138.00$200
Dec 202502756.664.41$119
Nov 202503158.593.93$122
Oct 202503759.383.30$122
Sep 20250062.743.08$0
Aug 202504163.933.01$124
Jul 202503966.743.32$129
Jun 202503966.483.13$122
May 20250060.553.23$0
Apr 202504562.363.54$159
Mar 202504867.704.27$205
Feb 202505670.884.34$243
Jan 202504874.324.28$205
Dec 202405368.993.12$165
Nov 202403869.052.20$84
Oct 202405371.372.28$121
Sep 202405069.612.36$118
Aug 202405275.632.06$107
Jul 202405379.932.15$114
Jun 202405178.082.63$134
May 202404778.812.20$103
Apr 202405084.451.66$83
Mar 202405380.301.55$82
Feb 202405976.091.78$105
Jan 202405073.023.30$165
Dec 202305271.262.61$136
Nov 202305177.892.81$143
Oct 202304485.443.09$136
Sep 202304789.042.74$129
Aug 202304780.522.67$126
Jul 202304674.852.64$122
Jun 202304568.962.26$102
May 202305570.622.23$123
Apr 202305078.122.24$112
Mar 202305572.852.39$132
Feb 202304775.112.47$116
Jan 202304476.533.39$149
Dec 202206476.415.73$367
Nov 202206385.005.65$356
Oct 202205487.185.86$317
Sep 202205384.888.16$433
Aug 202204594.529.13$411
Jul 2022059101.587.54$445
Jun 2022062115.097.98$495
May 2022058109.378.43$489
Apr 2022069104.226.84$472
Mar 2022072108.885.08$366
Feb 202206291.054.86$301
Jan 202207681.844.54$345
Dec 202108171.323.90$316
Nov 202108477.435.24$440
Oct 202108179.795.71$463
Sep 2021010669.865.35$567
Aug 2021012166.024.22$511
Jul 2021012970.783.98$514
Jun 2021011269.493.38$379
May 2021012563.483.02$377
Apr 2021011560.362.76$317
Mar 2021011661.302.72$315
Feb 202109057.805.55$499
Jan 2021012250.412.81$343
Dec 2020011744.642.68$313
Nov 2020010438.772.71$281
Oct 2020012936.972.48$320
Sep 2020012437.091.99$247
Aug 2020013039.982.39$310
Jul 2020013038.371.83$237
Jun 2020012534.901.69$211
May 2020012716.921.81$230
Apr 2020012714.751.80$229
Mar 202008430.341.86$156
Feb 202007949.881.98$156
Jan 202009357.252.09$195
Dec 201908159.012.30$187
Nov 201908255.302.75$226
Oct 201908653.472.42$208
Sep 201908855.052.66$234
Aug 201908453.112.30$194
Jul 201909256.272.46$226
Jun 201908252.782.49$204
May 201908458.482.74$230
Apr 201908862.632.75$242
Mar 201909156.803.06$279
Feb 201908650.852.79$240
Jan 201909846.033.23$316
Dec 2018010146.594.19$423
Nov 2018010152.934.24$428
Oct 201819961.443.40$398
Sep 201808059.543.11$249
Aug 2018010059.403.07$307
Jul 201809465.142.93$276
Jun 2018010060.183.08$308
May 2018011065.382.90$319
Apr 2018010563.842.90$305
Mar 2018011661.222.79$323
Feb 2018010861.782.77$299
Jan 2018010162.874.01$405
Dec 2017011157.272.92$324
Nov 2017011955.423.12$371
Oct 2017112949.292.98$434
Sep 2017123347.523.09$767
Aug 2017136345.373.00$1,136
Jul 2017037443.873.09$1,155
Jun 2017126542.493.09$861
May 2017132145.373.26$1,093
Apr 2017128447.933.21$960
Mar 2017019946.772.98$594
Feb 2017138450.452.95$1,184
Jan 2017327349.413.42$1,082
Dec 2016037448.763.72$1,392
Nov 2016064442.492.64$1,703
Oct 2016163546.193.09$2,009
Sep 2016045741.553.10$1,417
Aug 2016070241.442.92$2,053
Jul 2016242241.622.92$1,317
Jun 2016034345.352.69$921
May 2016042142.521.99$838
Apr 2016228836.561.99$647
Mar 2016018233.011.79$327
Feb 2016349026.472.06$1,091
Jan 2016046227.352.36$1,092
Dec 2015226532.362.00$595
Nov 2015046538.792.17$1,008
Oct 2015351743.552.43$1,385
Sep 2015041342.992.76$1,139
Aug 2015240240.162.87$1,235
Jul 2015035948.152.95$1,057
Jun 2015031456.152.88$905
May 2015341555.212.96$1,392
Apr 2015042049.822.71$1,137
Mar 2015469042.892.93$2,197
Feb 2015079444.662.98$2,363
Jan 2015359443.433.10$1,972
Dec 2014061954.693.59$2,223
Nov 2014117270.464.25$802
Oct 2014019078.303.90$741
Sep 2014249686.164.05$2,179
Aug 2014057489.394.04$2,316
Jul 2014056696.564.18$2,366
Jun 2014254398.164.74$2,768
May 2014043094.734.73$2,032
Apr 2014243495.944.81$2,279
Mar 2014042095.895.06$2,124
Feb 2014363397.406.19$4,212
Jan 2014065090.404.86$3,159
Dec 2013051791.824.35$2,251
Nov 2013043088.853.74$1,607
Oct 2013060097.423.78$2,268
Sep 20130573104.113.72$2,130
Aug 20130194104.253.52$683
Jul 201301,168102.523.72$4,342
Jun 201303594.403.93$138
May 2013091894.834.15$3,809
Apr 2013074393.964.28$3,182
Mar 201301,01393.623.91$3,964
Feb 2013089491.233.42$3,057
Jan 201301,10691.603.42$3,782
Dec 201201,11186.773.42$3,800
Nov 201201,02986.953.62$3,730
Oct 201201,01289.383.40$3,440
Sep 2012092694.672.92$2,702
Aug 201201,16492.662.91$3,385
Jul 201201,16085.133.02$3,504
Jun 201201,20579.822.52$3,035
May 201231,05391.612.49$2,895
Apr 201201,140101.652.00$2,276
Mar 201201,192105.052.22$2,649
Feb 201201,296101.102.57$3,331
Jan 201201,40698.092.73$3,844
Dec 201103,41696.873.24$11,067
Nov 201171,62895.723.31$6,061
Oct 201103,84384.983.65$14,021
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011090394.144.52$4,079
Jun 20110092.904.64$0
May 201131,35398.134.40$6,254
Apr 20110465105.964.33$2,015
Mar 201171,88496.364.06$8,319
Feb 201101,86985.644.18$7,812
Jan 201132,17986.504.59$10,258
Dec 201032,17885.734.35$9,727
Nov 201002,02280.843.80$7,674
Oct 201031,94478.103.51$7,056
Sep 201011,87372.633.98$7,526
Aug 201032,12373.684.42$9,603
Jul 201032,01272.554.74$9,747
Jun 201002,12970.364.91$10,454
May 201032,28071.124.24$9,870
Apr 2010185281.694.12$3,594
Mar 2010257878.394.39$2,693
Feb 2010151973.585.44$2,898
Jan 2010159174.365.96$3,599
Dec 2009261071.445.48$3,488
Nov 2009160874.593.75$2,356
Oct 2009163672.544.11$2,687
Sep 2009165765.543.06$2,079
Aug 200951,55267.423.22$5,332
Jul 200951,50261.133.46$5,509
Jun 2009292966.163.90$3,751
May 200901,14954.743.93$4,511
Apr 2009495046.773.59$3,595
Mar 200901,04942.144.06$4,258
Feb 2009192032.814.63$4,295
Jan 200901,03935.865.37$5,580
Dec 200831,13137.105.98$6,871
Nov 2008083655.496.86$5,735
Oct 200801,25275.246.92$8,666
Sep 200801,191101.767.88$9,382
Aug 200861,368114.228.48$12,290
Jul 200801,713131.0811.39$19,510
Jun 200801,991131.3313.03$25,948
May 200883,134123.1711.57$37,259
Apr 200821,809110.3110.45$19,133

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                   18 Mcf  × $  3.05 =        $55

────────────────────────────────────────────────────
Month total                                      $55

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/240286 is the state's own key, not one this site invented.