GALVAN RANCH P16

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 241098District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 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 Gas112008-12-12184669
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
CondensateDisposition607 bbl$50,406
GasProduction234,167 Mcf$1,165,596
Total$1,216,002

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 28.0312, -99.6429. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03123, -99.64289 · 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
6,840 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 6,840 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-4794005616,840 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 20260137106.413.05$417
Apr 2026019398.932.87$554
Mar 2026017489.753.15$548
Feb 2026017563.503.75$656
Jan 2026018559.138.00$1,480
Dec 2025020256.664.41$892
Nov 2025023058.593.93$903
Oct 2025028159.383.30$929
Sep 2025031462.743.08$966
Aug 2025030763.933.01$926
Jul 2025029066.743.32$961
Jun 2025029066.483.13$907
May 2025036160.553.23$1,167
Apr 2025033862.363.54$1,198
Mar 2025035967.704.27$1,532
Feb 2025041870.884.34$1,814
Jan 2025036274.324.28$1,549
Dec 2024039968.993.12$1,245
Nov 2024028769.052.20$631
Oct 2024040171.372.28$915
Sep 2024037669.612.36$889
Aug 2024038775.632.06$799
Jul 2024039579.932.15$848
Jun 2024037978.082.63$998
May 2024035278.812.20$774
Apr 2024037784.451.66$626
Mar 2024039680.301.55$612
Feb 2024044376.091.78$790
Jan 2024037373.023.30$1,230
Dec 2023039271.262.61$1,023
Nov 2023038177.892.81$1,070
Oct 2023033085.443.09$1,019
Sep 2023035189.042.74$960
Aug 2023035180.522.67$938
Jul 2023034574.852.64$911
Jun 2023033768.962.26$761
May 2023041070.622.23$913
Apr 2023037278.122.24$832
Mar 2023041072.852.39$981
Feb 2023034775.112.47$856
Jan 2023033176.533.39$1,121
Dec 2022047876.415.73$2,739
Nov 2022047285.005.65$2,665
Oct 2022040187.185.86$2,351
Sep 2022040084.888.16$3,265
Aug 2022033894.529.13$3,085
Jul 20220445101.587.54$3,356
Jun 20220468115.097.98$3,733
May 20220436109.378.43$3,677
Apr 20220520104.226.84$3,556
Mar 20220541108.885.08$2,746
Feb 2022046791.054.86$2,269
Jan 2022056981.844.54$2,582
Dec 2021061171.323.90$2,382
Nov 2021063177.435.24$3,304
Oct 2021060979.795.71$3,480
Sep 202106469.865.35$342
Aug 202107366.024.22$308
Jul 202107770.783.98$307
Jun 202106769.493.38$227
May 202107563.483.02$226
Apr 202106960.362.76$190
Mar 202107061.302.72$190
Feb 202105457.805.55$300
Jan 202107550.412.81$211
Dec 202006444.642.68$171
Nov 202006838.772.71$184
Oct 202005736.972.48$141
Sep 202005437.091.99$108
Aug 202005739.982.39$136
Jul 202006138.371.83$111
Jun 202006334.901.69$106
May 202005716.921.81$103
Apr 202006314.751.80$114
Mar 2020078230.341.86$1,452
Feb 2020073749.881.98$1,460
Jan 2020086757.252.09$1,816
Dec 2019075959.012.30$1,749
Nov 2019076855.302.75$2,113
Oct 2019081053.472.42$1,959
Sep 2019082155.052.66$2,182
Aug 2019078653.112.30$1,811
Jul 2019085856.272.46$2,111
Jun 2019076552.782.49$1,906
May 2019078058.482.74$2,137
Apr 2019081862.632.75$2,250
Mar 2019085056.803.06$2,603
Feb 2019080050.852.79$2,234
Jan 2019091246.033.23$2,944
Dec 2018094646.594.19$3,959
Nov 2018094252.934.24$3,991
Oct 2018092861.443.40$3,153
Sep 2018074559.543.11$2,315
Aug 2018093759.403.07$2,873
Jul 2018087465.142.93$2,562
Jun 2018092960.183.08$2,858
May 201801,03065.382.90$2,988
Apr 2018097663.842.90$2,831
Mar 201861,08061.222.79$3,377
Feb 201801,01361.782.77$2,802
Jan 2018094762.874.01$3,797
Dec 201701,03457.272.92$3,021
Nov 201701,11155.423.12$3,465
Oct 201761,12549.292.98$3,652
Sep 201761,02047.523.09$3,434
Aug 201761,23545.373.00$3,983
Jul 201701,22243.873.09$3,773
Jun 201761,13742.493.09$3,765
May 2017683445.373.26$2,994
Apr 2017691747.933.21$3,233
Mar 201741,13146.772.98$3,562
Feb 2017662550.452.95$2,148
Jan 20171182249.413.42$3,354
Dec 2016071348.763.72$2,654
Nov 2016539642.492.64$1,260
Oct 20161041846.193.09$1,754
Sep 2016550841.553.10$1,783
Aug 2016163541.442.92$1,898
Jul 2016555641.622.92$1,834
Jun 2016058945.352.69$1,582
May 2016064642.521.99$1,286
Apr 2016965836.561.99$1,639
Mar 2016066933.011.79$1,200
Feb 2016567726.472.06$1,529
Jan 2016465427.352.36$1,656
Dec 2015077932.362.00$1,559
Nov 2015092938.792.17$2,013
Oct 201501,03343.552.43$2,507
Sep 2015097942.992.76$2,700
Aug 2015095140.162.87$2,732
Jul 2015089448.152.95$2,633
Jun 2015083756.152.88$2,413
May 2015786955.212.96$2,955
Apr 2015087849.822.71$2,376
Mar 201501,00942.892.93$2,961
Feb 201501,02844.662.98$3,060
Jan 2015069243.433.10$2,146
Dec 2014091954.693.59$3,300
Nov 201401,62970.464.25$6,926
Oct 201401,80078.303.90$7,022
Sep 201403,03186.164.05$12,262
Aug 2014096189.394.04$3,878
Jul 2014094796.564.18$3,958
Jun 2014091098.164.74$4,311
May 2014493694.734.73$4,803
Apr 2014094495.944.81$4,540
Mar 2014489395.895.06$4,899
Feb 2014083597.406.19$5,170
Jan 2014389690.404.86$4,626
Dec 2013089191.824.35$3,880
Nov 2013085188.853.74$3,181
Oct 2013093097.423.78$3,515
Sep 201341,013104.113.72$4,183
Aug 201301,055104.253.52$3,716
Jul 201301,046102.523.72$3,889
Jun 201301,00594.403.93$3,953
May 201301,04594.834.15$4,336
Apr 201301,04993.964.28$4,492
Mar 201301,12993.623.91$4,418
Feb 201301,01891.233.42$3,481
Jan 201301,09891.603.42$3,755
Dec 201201,12686.773.42$3,851
Nov 201201,12386.953.62$4,071
Oct 201201,17189.383.40$3,981
Sep 201201,20894.672.92$3,525
Aug 201201,34092.662.91$3,897
Jul 201241,38385.133.02$4,518
Jun 201201,44779.822.52$3,645
May 201241,43891.612.49$3,945
Apr 201201,339101.652.00$2,674
Mar 201231,328105.052.22$3,266
Feb 201271,514101.102.57$4,599
Jan 201231,64698.092.73$4,795
Dec 201151,34296.873.24$4,832
Nov 201131,92195.723.31$6,648
Oct 201161,81784.983.65$7,139
Sep 201172,61883.623.99$11,020
Aug 2011232583.404.15$1,515
Jul 2011071994.144.52$3,248
Jun 20110092.904.64$0
May 2011035098.134.40$1,542
Apr 20110366105.964.33$1,586
Mar 201151,29296.364.06$5,724
Feb 201121,36685.644.18$5,881
Jan 201171,46486.504.59$7,323
Dec 201041,55285.734.35$7,091
Nov 201051,52880.843.80$6,203
Oct 201041,64478.103.51$6,081
Sep 201041,47972.633.98$6,176
Aug 201051,71073.684.42$7,926
Jul 201031,67772.554.74$8,161
Jun 201051,69570.364.91$8,675
May 201071,69471.124.24$7,672
Apr 201081,76281.694.12$7,918
Mar 2010131,72878.394.39$8,603
Feb 201091,64473.585.44$9,609
Jan 2010101,91274.365.96$12,147
Dec 200952,01271.445.48$11,391
Nov 200992,17174.593.75$8,816
Oct 200942,22372.544.11$9,427
Sep 2009102,27865.543.06$7,637
Aug 2009112,04367.423.22$7,317
Jul 200902,33561.133.46$8,090
Jun 2009142,73266.163.90$11,567
May 200982,85254.743.93$11,634
Apr 200972,85246.773.59$10,559
Mar 200903,17842.144.06$12,900
Feb 2009142,94032.814.63$14,080
Jan 200973,45735.865.37$18,819
Dec 2008223,79037.105.98$23,470
Nov 2008163,95155.496.86$27,993
Oct 2008175,12575.246.92$36,754
Sep 2008174,433101.767.88$36,649
Aug 2008194,923114.228.48$43,932
Jul 2008405,932131.0811.39$72,805
Jun 2008377,217131.3313.03$98,916
May 20088011,203123.1711.57$139,520
Apr 200864,259110.3110.45$45,189

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                  137 Mcf  × $  3.05 =       $417

────────────────────────────────────────────────────
Month total                                     $417

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/241098 is the state's own key, not one this site invented.