GALVAN RANCH P17

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 241595District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
May 2008 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
217
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 Gas112008-12-12185229
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
CondensateDisposition674 bbl$55,781
GasProduction243,974 Mcf$1,262,940
Total$1,318,722

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 28.0300, -99.6460. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02996, -99.64599 · 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
6,856 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 6,856 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-4794012416,856 ftMay 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 (217)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

217 months

May 2026050106.413.05$152
Apr 202607198.932.87$204
Mar 202608989.753.15$280
Feb 202606463.503.75$240
Jan 202606859.138.00$544
Dec 202507456.664.41$327
Nov 202508458.593.93$330
Oct 2025010359.383.30$340
Sep 2025011162.743.08$342
Aug 2025011363.933.01$341
Jul 2025010666.743.32$351
Jun 2025010666.483.13$332
May 2025012860.553.23$414
Apr 2025012462.363.54$439
Mar 2025013267.704.27$563
Feb 2025015370.884.34$664
Jan 2025013374.324.28$569
Dec 2024014668.993.12$456
Nov 2024010569.052.20$231
Oct 2024014771.372.28$335
Sep 2024013869.612.36$326
Aug 2024014275.632.06$293
Jul 2024014579.932.15$311
Jun 2024013978.082.63$366
May 2024012978.812.20$284
Apr 2024013884.451.66$229
Mar 2024014580.301.55$224
Feb 2024016376.091.78$291
Jan 2024013773.023.30$452
Dec 2023014471.262.61$376
Nov 2023014077.892.81$393
Oct 2023012185.443.09$374
Sep 2023012989.042.74$353
Aug 2023012980.522.67$345
Jul 2023012774.852.64$336
Jun 2023012468.962.26$280
May 2023015070.622.23$334
Apr 2023013778.122.24$307
Mar 2023015072.852.39$359
Feb 2023012875.112.47$316
Jan 2023012176.533.39$410
Dec 2022017576.415.73$1,003
Nov 2022017385.005.65$977
Oct 2022014787.185.86$862
Sep 2022014784.888.16$1,200
Aug 2022012494.529.13$1,132
Jul 20220163101.587.54$1,229
Jun 20220172115.097.98$1,372
May 20220160109.378.43$1,349
Apr 20220191104.226.84$1,306
Mar 20220199108.885.08$1,010
Feb 2022017191.054.86$831
Jan 2022020881.844.54$944
Dec 2021022471.323.90$873
Nov 2021023177.435.24$1,210
Oct 2021022379.795.71$1,274
Sep 2021021269.865.35$1,134
Aug 2021024266.024.22$1,021
Jul 2021025870.783.98$1,027
Jun 2021022569.493.38$761
May 2021025063.483.02$754
Apr 2021023160.362.76$637
Mar 2021030361.302.72$823
Feb 2021017957.805.55$993
Jan 2021024950.412.81$700
Dec 2020021544.642.68$575
Nov 2020014538.772.71$392
Oct 202007636.972.48$188
Sep 202007137.091.99$141
Aug 202007539.982.39$179
Jul 202008238.371.83$150
Jun 202008434.901.69$142
May 202007616.921.81$138
Apr 202008414.751.80$152
Mar 2020071430.341.86$1,325
Feb 2020067349.881.98$1,333
Jan 2020079157.252.09$1,657
Dec 2019069359.012.30$1,597
Nov 2019070155.302.75$1,928
Oct 2019073953.472.42$1,787
Sep 2019075055.052.66$1,993
Aug 2019071753.112.30$1,652
Jul 2019078356.272.46$1,926
Jun 2019069852.782.49$1,739
May 2019071158.482.74$1,948
Apr 2019074662.632.75$2,052
Mar 2019077656.803.06$2,376
Feb 2019073050.852.79$2,038
Jan 2019083346.033.23$2,689
Dec 2018086346.594.19$3,612
Nov 2018086052.934.24$3,644
Oct 2018084761.443.40$2,878
Sep 2018068059.543.11$2,113
Aug 2018085559.403.07$2,622
Jul 2018079765.142.93$2,337
Jun 2018084860.183.08$2,609
May 2018094065.382.90$2,727
Apr 2018089163.842.90$2,585
Mar 2018098561.222.79$2,745
Feb 2018092461.782.77$2,556
Jan 2018086462.874.01$3,464
Dec 2017694457.272.92$3,102
Nov 201701,01455.423.12$3,162
Oct 201761,02749.292.98$3,360
Sep 201761,03647.523.09$3,484
Aug 201761,26245.373.00$4,064
Jul 201701,17343.873.09$3,621
Jun 201761,13842.493.09$3,768
May 2017688745.373.26$3,167
Apr 2017689847.933.21$3,172
Mar 2017490746.772.98$2,893
Feb 2017654050.452.95$1,897
Jan 20171185449.413.42$3,463
Dec 2016069448.763.72$2,584
Nov 2016539942.492.64$1,268
Oct 20161035046.193.09$1,543
Sep 2016519641.553.10$815
Aug 2016151241.442.92$1,539
Jul 2016542441.622.92$1,448
Jun 2016035645.352.69$956
May 2016028042.521.99$557
Apr 2016950036.561.99$1,325
Mar 2016067933.011.79$1,218
Feb 2016567626.472.06$1,527
Jan 2016569027.352.36$1,768
Dec 2015087732.362.00$1,755
Nov 2015095638.792.17$2,072
Oct 201501,06343.552.43$2,579
Sep 2015081542.992.76$2,248
Aug 2015079340.162.87$2,278
Jul 2015077848.152.95$2,291
Jun 2015076756.152.88$2,211
May 2015497455.212.96$3,099
Apr 2015098449.822.71$2,663
Mar 201501,19542.892.93$3,507
Feb 201501,03644.662.98$3,083
Jan 2015057743.433.10$1,789
Dec 2014068954.693.59$2,474
Nov 2014073970.464.25$3,142
Oct 2014081778.303.90$3,187
Sep 2014073086.164.05$2,953
Aug 2014080989.394.04$3,264
Jul 2014079796.564.18$3,331
Jun 2014076698.164.74$3,628
May 2014379494.734.73$4,037
Apr 2014079795.944.81$3,833
Mar 2014576795.895.06$4,358
Feb 2014074297.406.19$4,594
Jan 2014101,60090.404.86$8,681
Dec 201303,06391.824.35$13,338
Nov 201302,65188.853.74$9,910
Oct 201302,90397.423.78$10,971
Sep 201333,248104.113.72$12,388
Aug 201303,329104.253.52$11,727
Jul 201303,242102.523.72$12,053
Jun 201303,10694.403.93$12,217
May 201303,27894.834.15$13,601
Apr 2013083693.964.28$3,580
Mar 201301,01593.623.91$3,972
Feb 2013063691.233.42$2,175
Jan 2013091391.603.42$3,122
Dec 2012093086.773.42$3,181
Nov 2012093586.953.62$3,389
Oct 2012093489.383.40$3,175
Sep 2012094894.672.92$2,767
Aug 201201,09092.662.91$3,170
Jul 201231,13385.133.02$3,678
Jun 201201,17179.822.52$2,950
May 201231,12891.612.49$3,082
Apr 20120974101.652.00$1,945
Mar 201231,080105.052.22$2,715
Feb 201261,015101.102.57$3,215
Jan 201231,39498.092.73$4,106
Dec 201141,09396.873.24$3,929
Nov 201131,69795.723.31$5,906
Oct 201141,22884.983.65$4,820
Sep 201141,72683.623.99$7,214
Aug 2011212483.404.15$681
Jul 201101,20094.144.52$5,421
Jun 20110092.904.64$0
May 2011032498.134.40$1,427
Apr 20110313105.964.33$1,356
Mar 201161,51296.364.06$6,713
Feb 201131,52885.644.18$6,644
Jan 201181,68586.504.59$8,424
Dec 201051,81185.734.35$8,302
Nov 201051,69580.843.80$6,837
Oct 201051,76578.103.51$6,584
Sep 201051,64072.633.98$6,889
Aug 201051,93373.684.42$8,911
Jul 201031,81372.554.74$8,805
Jun 201061,78270.364.91$9,172
May 201092,16371.124.24$9,801
Apr 2010102,04081.694.12$9,227
Mar 2010172,32078.394.39$11,514
Feb 2010112,03073.585.44$11,857
Jan 2010122,29374.365.96$14,568
Dec 200962,45671.445.48$13,897
Nov 2009112,48574.593.75$10,143
Oct 200952,63172.544.11$11,177
Sep 2009122,60365.543.06$8,764
Aug 2009142,68967.423.22$9,598
Jul 200902,87461.133.46$9,957
Jun 2009163,16066.163.90$13,367
May 200993,28754.743.93$13,397
Apr 200993,28746.773.59$12,213
Mar 200903,75842.144.06$15,254
Feb 2009173,55732.814.63$17,037
Jan 200994,27835.865.37$23,300
Dec 2008274,72337.105.98$29,232
Nov 2008214,79855.496.86$34,081
Oct 2008236,79975.246.92$48,793
Sep 2008245,942101.767.88$49,248
Aug 2008277,147114.228.48$63,712
Jul 2008618,929131.0811.39$109,692
Jun 20084711,841131.3313.03$160,492
May 2008589,608123.1711.57$118,350

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                   50 Mcf  × $  3.05 =       $152

────────────────────────────────────────────────────
Month total                                     $152

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/241595 is the state's own key, not one this site invented.