GALVAN RANCH P7

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 241641District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Apr 2008 – May 2026
Value, last 12 filed months
$4 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 Gas112008-12-12184673
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
CondensateDisposition531 bbl$43,345
GasProduction196,053 Mcf$961,264
Total$1,004,608

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 28.0576, -99.6484. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05764, -99.64839 · 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
6,845 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 6,845 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-4794004716,845 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 2026041106.413.05$125
Apr 202605798.932.87$164
Mar 202607589.753.15$236
Feb 202605263.503.75$195
Jan 202605659.138.00$448
Dec 202506056.664.41$265
Nov 202506958.593.93$271
Oct 202508459.383.30$278
Sep 2025035162.743.08$1,080
Aug 202509263.933.01$277
Jul 202508766.743.32$288
Jun 202508766.483.13$272
May 2025040460.553.23$1,306
Apr 2025010162.363.54$358
Mar 2025010867.704.27$461
Feb 2025012670.884.34$547
Jan 2025010974.324.28$466
Dec 2024012068.993.12$375
Nov 202408669.052.20$189
Oct 2024012071.372.28$274
Sep 2024011369.612.36$267
Aug 2024011675.632.06$239
Jul 2024011979.932.15$255
Jun 2024011478.082.63$300
May 2024010678.812.20$233
Apr 2024011384.451.66$187
Mar 2024011980.301.55$184
Feb 2024013376.091.78$237
Jan 2024011273.023.30$369
Dec 2023011871.262.61$308
Nov 2023011477.892.81$320
Oct 202309985.443.09$306
Sep 2023010589.042.74$287
Aug 2023010580.522.67$281
Jul 2023010474.852.64$275
Jun 2023010168.962.26$228
May 2023012370.622.23$274
Apr 2023011278.122.24$251
Mar 2023012372.852.39$294
Feb 2023010475.112.47$256
Jan 202309976.533.39$335
Dec 2022014376.415.73$819
Nov 2022014285.005.65$802
Oct 2022012087.185.86$704
Sep 2022012084.888.16$980
Aug 2022010194.529.13$922
Jul 20220133101.587.54$1,003
Jun 20220140115.097.98$1,117
May 20220131109.378.43$1,105
Apr 20220156104.226.84$1,067
Mar 20220162108.885.08$822
Feb 2022014091.054.86$680
Jan 2022017181.844.54$776
Dec 2021018371.323.90$714
Nov 2021018977.435.24$990
Oct 2021018379.795.71$1,046
Sep 2021019169.865.35$1,022
Aug 2021021866.024.22$920
Jul 2021023270.783.98$924
Jun 2021020269.493.38$683
May 2021022563.483.02$679
Apr 2021020860.362.76$574
Mar 2021021061.302.72$571
Feb 2021016157.805.55$893
Jan 2021022550.412.81$632
Dec 2020019344.642.68$516
Nov 2020020338.772.71$549
Oct 2020017136.972.48$424
Sep 2020016037.091.99$319
Aug 2020017039.982.39$405
Jul 2020018538.371.83$338
Jun 2020018834.901.69$318
May 2020017116.921.81$310
Apr 2020018914.751.80$341
Mar 2020075230.341.86$1,396
Feb 2020070849.881.98$1,402
Jan 2020083357.252.09$1,745
Dec 2019073059.012.30$1,682
Nov 2019073955.302.75$2,033
Oct 2019077853.472.42$1,882
Sep 2019079055.052.66$2,099
Aug 2019075553.112.30$1,740
Jul 2019082556.272.46$2,030
Jun 2019073552.782.49$1,831
May 2019074958.482.74$2,053
Apr 2019078662.632.75$2,162
Mar 2019081756.803.06$2,502
Feb 2019076950.852.79$2,147
Jan 2019087746.033.23$2,831
Dec 2018090946.594.19$3,805
Nov 2018090652.934.24$3,839
Oct 2018089261.443.40$3,031
Sep 2018071659.543.11$2,225
Aug 2018090159.403.07$2,763
Jul 2018084065.142.93$2,463
Jun 2018089360.183.08$2,748
May 2018099065.382.90$2,872
Apr 2018093863.842.90$2,721
Mar 201801,03861.222.79$2,893
Feb 2018097361.782.77$2,691
Jan 2018091062.874.01$3,648
Dec 2017099457.272.92$2,904
Nov 201761,06855.423.12$3,663
Oct 201761,08249.292.98$3,524
Sep 2017693547.523.09$3,172
Aug 2017689545.373.00$2,961
Jul 201701,09743.873.09$3,387
Jun 201761,32342.493.09$4,339
May 201761,30845.373.26$4,541
Apr 201761,21647.933.21$4,193
Mar 201751,39546.772.98$4,396
Feb 201761,35850.452.95$4,312
Jan 2017111,58749.413.42$5,969
Dec 2016090748.763.72$3,377
Nov 2016580142.492.64$2,331
Oct 20161044846.193.09$1,846
Sep 2016556541.553.10$1,960
Aug 2016155141.442.92$1,653
Jul 2016543641.622.92$1,483
Jun 2016058945.352.69$1,582
May 2016050442.521.99$1,003
Apr 2016947736.561.99$1,279
Mar 2016064533.011.79$1,157
Feb 2016477326.472.06$1,701
Jan 2016450027.352.36$1,292
Dec 2015060132.362.00$1,203
Nov 2015059038.792.17$1,279
Oct 2015065743.552.43$1,594
Sep 2015090842.992.76$2,505
Aug 2015088340.162.87$2,536
Jul 2015076048.152.95$2,238
Jun 2015063256.152.88$1,822
May 2015462555.212.96$2,068
Apr 2015063149.822.71$1,708
Mar 2015084342.892.93$2,474
Feb 2015088944.662.98$2,646
Jan 2015061843.433.10$1,916
Dec 2014045454.693.59$1,630
Nov 2014031470.464.25$1,335
Oct 2014034778.303.90$1,354
Sep 2014081486.164.05$3,293
Aug 2014085189.394.04$3,434
Jul 2014083996.564.18$3,507
Jun 2014080698.164.74$3,818
May 2014487394.734.73$4,505
Apr 2014087095.944.81$4,184
Mar 2014376595.895.06$4,156
Feb 2014067697.406.19$4,186
Jan 2014383490.404.86$4,325
Dec 2013084791.824.35$3,688
Nov 2013079588.853.74$2,972
Oct 2013085597.423.78$3,231
Sep 20134881104.113.72$3,692
Aug 20130948104.253.52$3,339
Jul 20130920102.523.72$3,420
Jun 2013091194.403.93$3,583
May 2013099994.834.15$4,145
Apr 201301,04793.964.28$4,484
Mar 201301,10293.623.91$4,312
Feb 2013073691.233.42$2,517
Jan 201301,08191.603.42$3,697
Dec 2012010086.773.42$342
Nov 201201,02086.953.62$3,697
Oct 201201,10889.383.40$3,767
Sep 2012098094.672.92$2,860
Aug 201201,02692.662.91$2,984
Jul 201231,12185.133.02$3,642
Jun 201201,21079.822.52$3,048
May 201231,16791.612.49$3,179
Apr 201201,234101.652.00$2,464
Mar 201231,246105.052.22$3,084
Feb 201261,332101.102.57$4,030
Jan 201231,38098.092.73$4,067
Dec 201171,64996.873.24$6,020
Nov 201132,06595.723.31$7,125
Oct 201151,43684.983.65$5,664
Sep 201162,93483.623.99$12,196
Aug 20113183.404.15$254
Jul 2011063294.144.52$2,855
Jun 20110092.904.64$0
May 2011094998.134.40$4,180
Apr 20110442105.964.33$1,915
Mar 201151,35596.364.06$5,980
Feb 201121,31385.644.18$5,660
Jan 201151,03286.504.59$5,168
Dec 201041,41985.734.35$6,512
Nov 201051,31780.843.80$5,403
Oct 201051,71578.103.51$6,408
Sep 201051,82672.633.98$7,630
Aug 201062,12173.684.42$9,816
Jul 201032,24972.554.74$10,870
Jun 201062,15070.364.91$10,980
May 201081,96471.124.24$8,887
Apr 201071,60081.694.12$7,168
Mar 2010101,31678.394.39$6,559
Feb 201081,23373.585.44$7,299
Jan 201081,65174.365.96$10,442
Dec 200941,64971.445.48$9,328
Nov 200981,84274.593.75$7,507
Oct 200942,03072.544.11$8,634
Sep 2009102,02165.543.06$6,849
Aug 200982,16867.423.22$7,517
Jul 2009085361.133.46$2,955
Jun 2009112,15866.163.90$9,133
May 200962,11954.743.93$8,647
Apr 200952,12046.773.59$7,839
Mar 200902,36342.144.06$9,591
Feb 2009102,10532.814.63$10,081
Jan 200952,56535.865.37$13,956
Dec 2008162,77637.105.98$17,186
Nov 2008132,87455.496.86$20,438
Oct 2008154,16975.246.92$29,986
Sep 2008173,835101.767.88$31,939
Aug 2008175,211114.228.48$46,147
Jul 2008243,107131.0811.39$38,533
Jun 2008285,867131.3313.03$80,140
May 2008678,027123.1711.57$101,159
Apr 200896,343110.3110.45$67,308

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                   41 Mcf  × $  3.05 =       $125

────────────────────────────────────────────────────
Month total                                     $125

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/241641 is the state's own key, not one this site invented.