GALVAN RANCH L4

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 241625District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.8 M
Jun 2008 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
216
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 Gas112008-12-12185232
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
CondensateDisposition1,031 bbl$87,145
GasProduction670,502 Mcf$3,699,589
Total$3,786,734

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 28.0203, -99.7233. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02028, -99.72333 · 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
6,513 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 6,513 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-4794012616,513 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 (216)

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

216 months

May 20260357106.413.05$1,087
Apr 2026030798.932.87$881
Mar 2026032689.753.15$1,027
Feb 2026024163.503.75$904
Jan 2026026059.138.00$2,079
Dec 2025027456.664.41$1,209
Nov 2025018858.593.93$738
Oct 2025024359.383.30$803
Sep 20250062.743.08$0
Aug 2025028763.933.01$865
Jul 2025022366.743.32$739
Jun 2025022366.483.13$698
May 20250060.553.23$0
Apr 2025024862.363.54$879
Mar 2025026667.704.27$1,135
Feb 2025028470.884.34$1,233
Jan 2025021074.324.28$899
Dec 2024021068.993.12$655
Nov 2024033469.052.20$734
Oct 2024031171.372.28$710
Sep 2024027869.612.36$657
Aug 2024029675.632.06$611
Jul 2024026879.932.15$575
Jun 2024029778.082.63$782
May 2024025978.812.20$569
Apr 2024023984.451.66$397
Mar 2024032380.301.55$499
Feb 2024033876.091.78$603
Jan 2024033073.023.30$1,088
Dec 2023030071.262.61$783
Nov 2023031577.892.81$884
Oct 2023028985.443.09$892
Sep 2023032789.042.74$894
Aug 2023032780.522.67$874
Jul 2023036874.852.64$972
Jun 2023030768.962.26$693
May 2023037570.622.23$835
Apr 2023032978.122.24$736
Mar 2023037572.852.39$897
Feb 2023036375.112.47$895
Jan 2023048576.533.39$1,643
Dec 2022038276.415.73$2,189
Nov 2022040485.005.65$2,281
Oct 2022036387.185.86$2,129
Sep 2022039584.888.16$3,225
Aug 2022039694.529.13$3,614
Jul 20220404101.587.54$3,047
Jun 20220455115.097.98$3,630
May 20220432109.378.43$3,643
Apr 20220440104.226.84$3,009
Mar 20220544108.885.08$2,762
Feb 2022039791.054.86$1,929
Jan 2022050981.844.54$2,310
Dec 2021047771.323.90$1,860
Nov 2021047077.435.24$2,461
Oct 2021051579.795.71$2,943
Sep 2021030169.865.35$1,611
Aug 2021031366.024.22$1,321
Jul 2021031270.783.98$1,242
Jun 2021030169.493.38$1,018
May 2021031763.483.02$957
Apr 2021033860.362.76$932
Mar 2021034061.302.72$924
Feb 2021026557.805.55$1,470
Jan 2021055850.412.81$1,568
Dec 2020058644.642.68$1,568
Nov 2020049338.772.71$1,334
Oct 2020060536.972.48$1,499
Sep 2020058537.091.99$1,165
Aug 2020062339.982.39$1,486
Jul 2020058938.371.83$1,075
Jun 2020055434.901.69$936
May 2020057916.921.81$1,051
Apr 2020053614.751.80$967
Mar 2020037130.341.86$689
Feb 2020035049.881.98$693
Jan 2020041157.252.09$861
Dec 2019036059.012.30$830
Nov 2019036555.302.75$1,004
Oct 2019038453.472.42$929
Sep 2019039055.052.66$1,036
Aug 2019037353.112.30$860
Jul 2019040756.272.46$1,001
Jun 2019036352.782.49$904
May 2019037058.482.74$1,014
Apr 2019038862.632.75$1,067
Mar 2019040356.803.06$1,234
Feb 2019037950.852.79$1,058
Jan 2019043346.033.23$1,398
Dec 2018044946.594.19$1,879
Nov 2018044752.934.24$1,894
Oct 2018044061.443.40$1,495
Sep 2018035359.543.11$1,097
Aug 2018044459.403.07$1,362
Jul 2018041465.142.93$1,214
Jun 2018044160.183.08$1,357
May 2018048965.382.90$1,418
Apr 2018046363.842.90$1,343
Mar 2018051261.222.79$1,427
Feb 2018048061.782.77$1,328
Jan 2018044962.874.01$1,800
Dec 2017049157.272.92$1,434
Nov 2017552755.423.12$1,920
Oct 2017157149.292.98$1,753
Sep 2017173147.523.09$2,304
Aug 2017163545.373.00$1,953
Jul 2017094843.873.09$2,927
Jun 201711,05642.493.09$3,303
May 201711,13145.373.26$3,736
Apr 2017174447.933.21$2,437
Mar 2017048446.772.98$1,444
Feb 2017157950.452.95$1,760
Jan 2017164749.413.42$2,261
Dec 2016080948.763.72$3,012
Nov 201601,09142.492.64$2,885
Oct 2016678646.193.09$2,706
Sep 2016078441.553.10$2,431
Aug 2016175941.442.92$2,261
Jul 2016080041.622.92$2,339
Jun 2016087545.352.69$2,350
May 2016595742.521.99$2,118
Apr 2016082836.561.99$1,649
Mar 2016073633.011.79$1,320
Feb 2016681426.472.06$1,839
Jan 2016080627.352.36$1,906
Dec 201541,03832.362.00$2,207
Nov 2015072338.792.17$1,567
Oct 2015078943.552.43$1,915
Sep 2015585942.992.76$2,584
Aug 2015083840.162.87$2,407
Jul 2015083548.152.95$2,459
Jun 2015085456.152.88$2,462
May 2015484955.212.96$2,730
Apr 2015086349.822.71$2,336
Mar 2015089942.892.93$2,638
Feb 201551,08544.662.98$3,452
Jan 2015084243.433.10$2,611
Dec 201401,09954.693.59$3,947
Nov 201401,09370.464.25$4,647
Oct 201451,20778.303.90$5,100
Sep 201451,30386.164.05$5,702
Aug 201401,42889.394.04$5,762
Jul 201401,41796.564.18$5,922
Jun 201401,35198.164.74$6,400
May 201401,51094.734.73$7,137
Apr 201451,46695.944.81$7,530
Mar 201461,52695.895.06$8,292
Feb 201401,51197.406.19$9,356
Jan 201401,70590.404.86$8,288
Dec 201301,45291.824.35$6,323
Nov 201301,27688.853.74$4,770
Oct 201301,54497.423.78$5,835
Sep 201301,353104.113.72$5,030
Aug 201301,659104.253.52$5,844
Jul 201302,016102.523.72$7,495
Jun 201301,79194.403.93$7,045
May 201302,13494.834.15$8,854
Apr 201302,22393.964.28$9,520
Mar 201302,30493.623.91$9,015
Feb 201302,15291.233.42$7,360
Jan 201302,21491.603.42$7,572
Dec 201202,59286.773.42$8,865
Nov 201202,61786.953.62$9,487
Oct 201202,78889.383.40$9,478
Sep 201202,57294.672.92$7,506
Aug 201203,01892.662.91$8,777
Jul 201203,26085.133.02$9,848
Jun 201203,47079.822.52$8,741
May 201283,60691.612.49$9,706
Apr 201203,981101.652.00$7,949
Mar 201204,385105.052.22$9,744
Feb 201204,322101.102.57$11,109
Jan 201295,06898.092.73$14,739
Dec 201105,39096.873.24$17,462
Nov 201186,18095.723.31$21,229
Oct 201194,69284.983.65$17,884
Sep 201106,76383.623.99$26,956
Aug 201103,51783.404.15$14,593
Jul 20110094.144.52$0
Jun 201184,91092.904.64$23,525
May 20117098.134.40$687
Apr 201102,781105.964.33$12,051
Mar 201193,94096.364.06$16,853
Feb 201194,80285.644.18$20,843
Jan 2011195,36886.504.59$26,276
Dec 201005,99785.734.35$26,073
Nov 201005,68780.843.80$21,584
Oct 201006,31378.103.51$22,152
Sep 2010106,73272.633.98$27,516
Aug 201008,09373.684.42$35,766
Jul 201088,97672.554.74$43,095
Jun 201009,57970.364.91$47,037
May 2010107,63271.124.24$33,034
Apr 2010108,53481.694.12$36,000
Mar 2010109,24178.394.39$41,340
Feb 2010109,53373.585.44$52,618
Jan 20101410,58374.365.96$64,159
Dec 20092113,29671.445.48$74,412
Nov 2009913,12174.593.75$49,895
Oct 20093217,66172.544.11$74,912
Sep 20091820,73965.543.06$64,740
Aug 20091420,60767.423.22$67,268
Jul 20093414,55861.133.46$52,515
Jun 20091511,38866.163.90$45,349
May 20091614,53654.743.93$57,941
Apr 20091910,99946.773.59$40,348
Mar 20092713,56142.144.06$56,182
Feb 20094915,11032.814.63$71,612
Jan 20093516,17435.865.37$88,126
Dec 20084419,34837.105.98$117,278
Nov 20083316,03255.496.86$111,816
Oct 20086824,83275.246.92$177,003
Sep 20083724,572101.767.88$197,321
Aug 20088727,717114.228.48$245,061
Jul 200812044,291131.0811.39$520,179
Jun 200812539,755131.3313.03$534,528

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                  357 Mcf  × $  3.05 =     $1,087

────────────────────────────────────────────────────
Month total                                   $1,087

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/241625 is the state's own key, not one this site invented.