GALVAN RANCH PR

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 241590District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$876 k
Apr 2008 – May 2026
Value, last 12 filed months
$7 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 Gas112008-12-12185228
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
CondensateDisposition344 bbl$28,731
GasProduction180,121 Mcf$847,244
Total$875,975

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 28.0460, -99.6373. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04604, -99.63734 · 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
6,870 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 6,870 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-4794005416,870 ftJun 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 20260100106.413.05$305
Apr 2026014198.932.87$405
Mar 2026012289.753.15$384
Feb 2026012863.503.75$480
Jan 2026013659.138.00$1,088
Dec 2025014856.664.41$653
Nov 2025016958.593.93$664
Oct 2025020659.383.30$681
Sep 2025015762.743.08$483
Aug 2025022563.933.01$678
Jul 2025021266.743.32$703
Jun 2025021266.483.13$663
May 2025018160.553.23$585
Apr 2025024862.363.54$879
Mar 2025026467.704.27$1,127
Feb 2025030770.884.34$1,333
Jan 2025026574.324.28$1,134
Dec 2024029368.993.12$915
Nov 2024021169.052.20$464
Oct 2024029471.372.28$671
Sep 2024027569.612.36$650
Aug 2024028475.632.06$586
Jul 2024029079.932.15$623
Jun 2024027878.082.63$732
May 2024025878.812.20$567
Apr 2024027684.451.66$458
Mar 2024029080.301.55$448
Feb 2024032576.091.78$580
Jan 2024027473.023.30$904
Dec 2023028771.262.61$749
Nov 2023027977.892.81$783
Oct 2023024285.443.09$747
Sep 2023025789.042.74$703
Aug 2023025780.522.67$687
Jul 2023025374.852.64$668
Jun 2023024768.962.26$558
May 2023030170.622.23$670
Apr 2023027378.122.24$611
Mar 2023030172.852.39$720
Feb 2023025575.112.47$629
Jan 2023024376.533.39$823
Dec 2022035076.415.73$2,005
Nov 2022034685.005.65$1,954
Oct 2022029487.185.86$1,724
Sep 2022029484.888.16$2,400
Aug 2022024894.529.13$2,264
Jul 20220326101.587.54$2,459
Jun 20220343115.097.98$2,736
May 20220320109.378.43$2,699
Apr 20220381104.226.84$2,605
Mar 20220397108.885.08$2,015
Feb 2022034391.054.86$1,667
Jan 2022041781.844.54$1,892
Dec 2021044871.323.90$1,747
Nov 2021046377.435.24$2,425
Oct 2021044779.795.71$2,554
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021017450.412.81$489
Dec 2020015144.642.68$404
Nov 2020015838.772.71$428
Oct 2020013336.972.48$330
Sep 2020012437.091.99$247
Aug 2020013239.982.39$315
Jul 2020014338.371.83$261
Jun 2020014534.901.69$245
May 2020013316.921.81$241
Apr 2020014714.751.80$265
Mar 2020041930.341.86$778
Feb 2020039549.881.98$782
Jan 2020046557.252.09$974
Dec 2019040759.012.30$938
Nov 2019041255.302.75$1,133
Oct 2019043453.472.42$1,050
Sep 2019044055.052.66$1,169
Aug 2019042153.112.30$970
Jul 2019046056.272.46$1,132
Jun 2019041052.782.49$1,021
May 2019041858.482.74$1,145
Apr 2019043862.632.75$1,205
Mar 2019045656.803.06$1,396
Feb 2019042850.852.79$1,195
Jan 2019048946.033.23$1,579
Dec 2018050746.594.19$2,122
Nov 2018050552.934.24$2,140
Oct 2018049761.443.40$1,689
Sep 2018039959.543.11$1,240
Aug 2018050259.403.07$1,539
Jul 2018046865.142.93$1,372
Jun 2018049860.183.08$1,532
May 2018055265.382.90$1,601
Apr 2018052363.842.90$1,517
Mar 2018057861.222.79$1,611
Feb 2018054261.782.77$1,499
Jan 2018050762.874.01$2,033
Dec 2017155457.272.92$1,676
Nov 2017059555.423.12$1,855
Oct 2017160349.292.98$1,848
Sep 2017153647.523.09$1,702
Aug 2017160645.373.00$1,866
Jul 2017076243.873.09$2,353
Jun 2017179642.493.09$2,500
May 2017170345.373.26$2,340
Apr 2017182047.933.21$2,681
Mar 2017182646.772.98$2,511
Feb 2017181750.452.95$2,463
Jan 2017286749.413.42$3,063
Dec 2016066648.763.72$2,479
Nov 2016145742.492.64$1,251
Oct 2016226246.193.09$902
Sep 2016130541.553.10$987
Aug 2016037641.442.92$1,100
Jul 2016133041.622.92$1,007
Jun 2016026745.352.69$717
May 2016015142.521.99$301
Apr 2016214136.561.99$354
Mar 2016015933.011.79$285
Feb 2016112426.472.06$282
Jan 2016114427.352.36$368
Dec 2015022032.362.00$440
Nov 2015017338.792.17$375
Oct 2015019343.552.43$468
Sep 2015018142.992.76$499
Aug 2015017640.162.87$506
Jul 2015017948.152.95$527
Jun 2015018356.152.88$528
May 2015116555.212.96$543
Apr 2015016749.822.71$452
Mar 2015010842.892.93$317
Feb 201507444.662.98$220
Jan 201502643.433.10$81
Dec 2014012754.693.59$456
Nov 2014017970.464.25$761
Oct 2014019778.303.90$768
Sep 2014017186.164.05$692
Aug 2014023489.394.04$944
Jul 2014023196.564.18$965
Jun 2014022298.164.74$1,052
May 2014427294.734.73$1,665
Apr 2014051895.944.81$2,491
Mar 2014122,99395.895.06$16,286
Feb 201402,62597.406.19$16,254
Jan 201482,82790.404.86$14,464
Dec 201302,59191.824.35$11,282
Nov 201302,40588.853.74$8,991
Oct 201302,59997.423.78$9,823
Sep 201342,607104.113.72$10,109
Aug 201302,725104.253.52$9,599
Jul 201302,745102.523.72$10,205
Jun 201302,75994.403.93$10,852
May 201302,93194.834.15$12,161
Apr 201302,91993.964.28$12,501
Mar 201303,24393.623.91$12,689
Feb 201302,44091.233.42$8,345
Jan 201303,11591.603.42$10,653
Dec 201203,50986.773.42$12,001
Nov 201203,01786.953.62$10,937
Oct 201201,89389.383.40$6,436
Sep 2012067694.672.92$1,973
Aug 2012055892.662.91$1,623
Jul 2012284685.133.02$2,726
Jun 2012084579.822.52$2,129
May 2012279291.612.49$2,154
Apr 20120836101.652.00$1,669
Mar 201221,004105.052.22$2,441
Feb 20124873101.102.57$2,648
Jan 201221,01398.092.73$2,966
Dec 2011499896.873.24$3,621
Nov 201121,16295.723.31$4,039
Oct 201151,37484.983.65$5,438
Sep 2011131,63283.623.99$7,592
Aug 201121,20583.404.15$5,167
Jul 2011090194.144.52$4,070
Jun 201101,12992.904.64$5,238
May 201101,24898.134.40$5,497
Apr 20110139105.964.33$602
Mar 2011494596.364.06$4,220
Feb 2011293385.644.18$4,071
Jan 201151,05786.504.59$5,283
Dec 201031,13785.734.35$5,201
Nov 201031,06480.843.80$4,281
Oct 201031,12278.103.51$4,171
Sep 201031,05172.633.98$4,400
Aug 201041,22873.684.42$5,722
Jul 201021,24072.554.74$6,018
Jun 201041,23070.364.91$6,321
May 201051,30171.124.24$5,866
Apr 201061,27881.694.12$5,759
Mar 2010101,30878.394.39$6,524
Feb 201071,16173.585.44$6,834
Jan 201071,37374.365.96$8,709
Dec 200941,35871.445.48$7,733
Nov 200961,46474.593.75$5,940
Oct 200941,54572.544.11$6,641
Sep 2009102,42365.543.06$8,081
Aug 200991,73067.423.22$6,175
Jul 200901,79661.133.46$6,222
Jun 2009101,89066.163.90$8,023
May 200951,92054.743.93$7,811
Apr 200951,87646.773.59$6,964
Mar 200902,08142.144.06$8,447
Feb 200991,95932.814.63$9,371
Jan 200952,34835.865.37$12,790
Dec 2008152,63437.105.98$16,300
Nov 2008112,56355.496.86$18,193
Oct 2008123,33875.246.92$24,008
Sep 2008133,221101.767.88$26,695
Aug 2008153,809114.228.48$34,025
Jul 2008375,448131.0811.39$66,900
Jun 2008197,062131.3313.03$94,532
May 200800123.1711.57$0
Apr 200800110.3110.45$0

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                  100 Mcf  × $  3.05 =       $305

────────────────────────────────────────────────────
Month total                                     $305

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/241590 is the state's own key, not one this site invented.