GALVAN RANCH P12

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 241096District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Apr 2008 – May 2026
Value, last 12 filed months
$10 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 Gas112008-11-24184671
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
CondensateDisposition924 bbl$79,286
GasProduction336,174 Mcf$1,769,753
Total$1,849,039

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 28.0384, -99.6444. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03841, -99.64437 · 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
6,855 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 6,855 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-4794004916,855 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 20260132106.413.05$402
Apr 2026018798.932.87$537
Mar 2026025789.753.15$809
Feb 2026016963.503.75$634
Jan 2026017959.138.00$1,432
Dec 2025019556.664.41$861
Nov 2025022358.593.93$876
Oct 2025027259.383.30$899
Sep 2025020362.743.08$625
Aug 2025029763.933.01$895
Jul 2025028066.743.32$928
Jun 2025028066.483.13$876
May 2025023460.553.23$756
Apr 2025032762.363.54$1,159
Mar 2025034767.704.27$1,481
Feb 2025040470.884.34$1,754
Jan 2025035074.324.28$1,498
Dec 2024038668.993.12$1,205
Nov 2024027869.052.20$611
Oct 2024038771.372.28$883
Sep 2024036369.612.36$858
Aug 2024037475.632.06$772
Jul 2024038279.932.15$820
Jun 2024036678.082.63$964
May 2024034078.812.20$747
Apr 2024036484.451.66$604
Mar 2024038380.301.55$592
Feb 2024042976.091.78$765
Jan 2024036173.023.30$1,190
Dec 2023037971.262.61$989
Nov 2023036877.892.81$1,033
Oct 2023031985.443.09$985
Sep 2023033989.042.74$927
Aug 2023033980.522.67$906
Jul 2023033474.852.64$882
Jun 2023032668.962.26$736
May 2023039670.622.23$882
Apr 2023036078.122.24$806
Mar 2023039672.852.39$948
Feb 2023033675.112.47$828
Jan 2023032076.533.39$1,084
Dec 2022046276.415.73$2,647
Nov 2022045785.005.65$2,580
Oct 2022038887.185.86$2,275
Sep 2022038784.888.16$3,159
Aug 2022032794.529.13$2,985
Jul 20220430101.587.54$3,243
Jun 20220452115.097.98$3,606
May 20220421109.378.43$3,550
Apr 20220502104.226.84$3,432
Mar 20220523108.885.08$2,655
Feb 2022045191.054.86$2,191
Jan 2022055081.844.54$2,496
Dec 2021059171.323.90$2,304
Nov 2021061077.435.24$3,194
Oct 2021058979.795.71$3,365
Sep 2021072169.865.35$3,858
Aug 2021082466.024.22$3,478
Jul 2021087670.783.98$3,488
Jun 2021076469.493.38$2,583
May 2021085063.483.02$2,565
Apr 2021078560.362.76$2,165
Mar 2021079261.302.72$2,152
Feb 2021061057.805.55$3,384
Jan 2021084750.412.81$2,380
Dec 2020073144.642.68$1,956
Nov 2020076838.772.71$2,079
Oct 2020064536.972.48$1,599
Sep 2020060537.091.99$1,205
Aug 2020064239.982.39$1,531
Jul 2020069838.371.83$1,274
Jun 2020070834.901.69$1,197
May 2020064416.921.81$1,169
Apr 2020071514.751.80$1,290
Mar 2020080330.341.86$1,491
Feb 2020075749.881.98$1,499
Jan 2020089157.252.09$1,866
Dec 2019078059.012.30$1,797
Nov 2019078955.302.75$2,170
Oct 2019083153.472.42$2,010
Sep 2019084455.052.66$2,243
Aug 2019080753.112.30$1,860
Jul 2019088156.272.46$2,167
Jun 2019078652.782.49$1,958
May 2019080158.482.74$2,195
Apr 2019084062.632.75$2,311
Mar 2019087356.803.06$2,673
Feb 2019082150.852.79$2,292
Jan 2019093746.033.23$3,025
Dec 2018097146.594.19$4,064
Nov 2018096852.934.24$4,102
Oct 2018095361.443.40$3,238
Sep 2018076559.543.11$2,378
Aug 2018096259.403.07$2,950
Jul 2018089765.142.93$2,630
Jun 2018095460.183.08$2,935
May 201801,05865.382.90$3,069
Apr 201801,00363.842.90$2,910
Mar 201801,10961.222.79$3,091
Feb 201801,04061.782.77$2,877
Jan 2018097262.874.01$3,897
Dec 201701,06257.272.92$3,103
Nov 201741,14155.423.12$3,780
Oct 201741,15649.292.98$3,646
Sep 201741,18047.523.09$3,833
Aug 201741,35845.373.00$4,261
Jul 201701,24143.873.09$3,831
Jun 201741,04842.493.09$3,405
May 2017491045.373.26$3,151
Apr 201741,02747.933.21$3,490
Mar 201731,14946.772.98$3,569
Feb 2017466950.452.95$2,177
Jan 201771,13949.413.42$4,240
Dec 2016092448.763.72$3,440
Nov 2016347542.492.64$1,384
Oct 2016781346.193.09$2,836
Sep 2016367041.553.10$2,202
Aug 2016176841.442.92$2,287
Jul 201631,32241.622.92$3,991
Jun 2016093945.352.69$2,522
May 2016042942.521.99$854
Apr 2016640436.561.99$1,024
Mar 2016049633.011.79$890
Feb 2016343826.472.06$983
Jan 2016348427.352.36$1,226
Dec 2015038032.362.00$761
Nov 2015037538.792.17$813
Oct 2015041743.552.43$1,012
Sep 2015076942.992.76$2,121
Aug 2015074840.162.87$2,149
Jul 2015064648.152.95$1,903
Jun 2015054056.152.88$1,557
May 2015458855.212.96$1,959
Apr 2015059449.822.71$1,608
Mar 2015070442.892.93$2,066
Feb 2015059544.662.98$1,771
Jan 2015032043.433.10$992
Dec 2014068854.693.59$2,471
Nov 2014074570.464.25$3,168
Oct 2014082478.303.90$3,214
Sep 2014065186.164.05$2,634
Aug 2014093389.394.04$3,765
Jul 2014092096.564.18$3,845
Jun 2014088498.164.74$4,187
May 2014476494.734.73$3,990
Apr 2014098895.944.81$4,751
Mar 2014492495.895.06$5,056
Feb 2014079297.406.19$4,904
Jan 2014396990.404.86$4,981
Dec 2013087191.824.35$3,793
Nov 2013056088.853.74$2,093
Oct 2013080097.423.78$3,023
Sep 20135955104.113.72$4,071
Aug 201301,064104.253.52$3,748
Jul 201301,029102.523.72$3,826
Jun 201301,00094.403.93$3,933
May 201301,03894.834.15$4,307
Apr 201301,19593.964.28$5,118
Mar 201301,38093.623.91$5,400
Feb 2013079991.233.42$2,733
Jan 201301,27591.603.42$4,360
Dec 201201,28586.773.42$4,395
Nov 201201,27786.953.62$4,629
Oct 201201,30689.383.40$4,440
Sep 201201,40994.672.92$4,112
Aug 201201,60392.662.91$4,662
Jul 201251,68785.133.02$5,522
Jun 201201,86479.822.52$4,695
May 201251,87391.612.49$5,119
Apr 201201,901101.652.00$3,796
Mar 201241,739105.052.22$4,284
Feb 2012101,880101.102.57$5,843
Jan 201252,28098.092.73$6,724
Dec 201182,06196.873.24$7,452
Nov 201153,03895.723.31$10,538
Oct 201192,72784.983.65$10,714
Sep 2011134,87983.623.99$20,534
Aug 2011449283.404.15$2,375
Jul 2011094094.144.52$4,246
Jun 20110092.904.64$0
May 201101,81298.134.40$7,982
Apr 20110422105.964.33$1,829
Mar 201182,06896.364.06$9,161
Feb 201142,25985.644.18$9,785
Jan 2011122,53186.504.59$12,652
Dec 201082,80485.734.35$12,877
Nov 201082,65480.843.80$10,720
Oct 201082,91878.103.51$10,864
Sep 201082,79572.633.98$11,704
Aug 201083,28873.684.42$15,120
Jul 201042,83072.554.74$13,694
Jun 201093,09370.364.91$15,821
May 2010143,21171.124.24$14,595
Apr 2010163,40981.694.12$15,361
Mar 2010263,57078.394.39$17,706
Feb 2010183,33973.585.44$19,496
Jan 2010203,75674.365.96$23,888
Dec 2009104,09871.445.48$23,187
Nov 2009184,23974.593.75$17,245
Oct 200984,59372.544.11$19,459
Sep 2009214,64165.543.06$15,600
Aug 2009234,16167.423.22$14,943
Jul 200904,68461.133.46$16,228
Jun 2009275,40466.163.90$22,835
May 2009145,40854.743.93$21,997
Apr 2009145,35046.773.59$19,848
Mar 200905,98842.144.06$24,305
Feb 2009265,61332.814.63$26,858
Jan 2009136,40835.865.37$34,884
Dec 2008396,62537.105.98$41,045
Nov 2008296,83455.496.86$48,493
Oct 2008319,01975.246.92$64,762
Sep 2008308,147101.767.88$67,227
Aug 2008328,575114.228.48$76,397
Jul 2008639,374131.0811.39$115,023
Jun 20085211,224131.3313.03$153,107
May 200812514,189123.1711.57$179,624
Apr 20081913,215110.3110.45$140,257

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                  132 Mcf  × $  3.05 =       $402

────────────────────────────────────────────────────
Month total                                     $402

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/241096 is the state's own key, not one this site invented.