GALVAN RANCH L5

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 241752District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Jun 2008 – May 2026
Value, last 12 filed months
$15 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 Gas112008-12-12185233
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
CondensateDisposition412 bbl$32,342
GasProduction329,287 Mcf$1,589,382
Total$1,621,723

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 28.0136, -99.7197. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01361, -99.71972 · 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
6,550 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 6,550 ft.

Completions filed
Jun 2008
1 of 1 wells

1 well

42-4794017516,550 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 20260487106.413.05$1,483
Apr 2026041898.932.87$1,200
Mar 2026046089.753.15$1,449
Feb 2026032863.503.75$1,230
Jan 2026035559.138.00$2,839
Dec 2025037456.664.41$1,651
Nov 2025025758.593.93$1,009
Oct 2025033059.383.30$1,091
Sep 20250062.743.08$0
Aug 2025039163.933.01$1,179
Jul 2025030566.743.32$1,011
Jun 2025030566.483.13$954
May 20250060.553.23$0
Apr 2025033962.363.54$1,201
Mar 2025036367.704.27$1,549
Feb 2025038770.884.34$1,680
Jan 2025028674.324.28$1,224
Dec 2024028668.993.12$893
Nov 2024045569.052.20$1,000
Oct 2024042471.372.28$967
Sep 2024037969.612.36$896
Aug 2024040475.632.06$834
Jul 2024036579.932.15$784
Jun 2024040578.082.63$1,067
May 2024035378.812.20$776
Apr 2024032684.451.66$541
Mar 2024044180.301.55$681
Feb 2024046276.091.78$824
Jan 2024045073.023.30$1,484
Dec 2023041071.262.61$1,070
Nov 2023043077.892.81$1,207
Oct 2023039485.443.09$1,216
Sep 2023044689.042.74$1,220
Aug 2023044680.522.67$1,192
Jul 2023050274.852.64$1,326
Jun 2023041968.962.26$946
May 2023051170.622.23$1,138
Apr 2023044978.122.24$1,005
Mar 2023051172.852.39$1,223
Feb 2023049675.112.47$1,223
Jan 2023066176.533.39$2,239
Dec 2022052076.415.73$2,979
Nov 2022055185.005.65$3,111
Oct 2022049687.185.86$2,908
Sep 2022053984.888.16$4,400
Aug 2022053994.529.13$4,920
Jul 20220550101.587.54$4,148
Jun 20220620115.097.98$4,946
May 20220589109.378.43$4,967
Apr 20220600104.226.84$4,103
Mar 20220742108.885.08$3,767
Feb 2022054291.054.86$2,633
Jan 2022069381.844.54$3,145
Dec 2021065071.323.90$2,534
Nov 2021064177.435.24$3,357
Oct 2021070379.795.71$4,017
Sep 2021053769.865.35$2,873
Aug 2021055966.024.22$2,359
Jul 2021055870.783.98$2,222
Jun 2021053769.493.38$1,815
May 2021056663.483.02$1,708
Apr 2021060460.362.76$1,666
Mar 2021060861.302.72$1,652
Feb 2021047457.805.55$2,630
Jan 2021060750.412.81$1,706
Dec 2020063744.642.68$1,704
Nov 2020053738.772.71$1,453
Oct 2020065836.972.48$1,631
Sep 2020063637.091.99$1,266
Aug 2020067739.982.39$1,615
Jul 2020064138.371.83$1,170
Jun 2020060234.901.69$1,018
May 2020063016.921.81$1,143
Apr 2020058214.751.80$1,050
Mar 2020032630.341.86$605
Feb 2020030749.881.98$608
Jan 2020036157.252.09$756
Dec 2019031659.012.30$728
Nov 2019032055.302.75$880
Oct 2019033753.472.42$815
Sep 2019034255.052.66$909
Aug 2019032753.112.30$754
Jul 2019035756.272.46$878
Jun 2019031952.782.49$795
May 2019032558.482.74$891
Apr 2019034062.632.75$935
Mar 2019035456.803.06$1,084
Feb 2019033350.852.79$930
Jan 2019038046.033.23$1,227
Dec 2018039446.594.19$1,649
Nov 2018039252.934.24$1,661
Oct 2018038661.443.40$1,312
Sep 2018031059.543.11$963
Aug 2018039059.403.07$1,196
Jul 2018036465.142.93$1,067
Jun 2018038760.183.08$1,191
May 2018042965.382.90$1,244
Apr 2018040663.842.90$1,178
Mar 2018045061.222.79$1,254
Feb 2018042261.782.77$1,167
Jan 2018039462.874.01$1,580
Dec 2017043157.272.92$1,259
Nov 2017746355.423.12$1,832
Oct 2017150149.292.98$1,544
Sep 2017147447.523.09$1,511
Aug 2017157345.373.00$1,767
Jul 2017058643.873.09$1,809
Jun 2017138042.493.09$1,216
May 2017168745.373.26$2,287
Apr 2017165447.933.21$2,148
Mar 2017045446.772.98$1,355
Feb 2017161150.452.95$1,854
Jan 2017175249.413.42$2,620
Dec 2016085148.763.72$3,168
Nov 201601,06942.492.64$2,827
Oct 2016884046.193.09$2,965
Sep 201601,27441.553.10$3,950
Aug 201611,41341.442.92$4,174
Jul 201601,42941.622.92$4,179
Jun 2016198345.352.69$2,686
May 201671,15442.521.99$2,595
Apr 2016089336.561.99$1,778
Mar 201601,11433.011.79$1,999
Feb 201661,11626.472.06$2,462
Jan 2016089627.352.36$2,118
Dec 2015699032.362.00$2,176
Nov 201501,15938.792.17$2,512
Oct 201501,26443.552.43$3,067
Sep 201571,28142.992.76$3,834
Aug 201501,25040.162.87$3,591
Jul 201501,23748.152.95$3,643
Jun 201501,25456.152.88$3,615
May 201571,22455.212.96$4,004
Apr 201501,24349.822.71$3,364
Mar 201501,51942.892.93$4,458
Feb 201571,73344.662.98$5,470
Jan 201501,29143.433.10$4,003
Dec 201401,42854.693.59$5,128
Nov 201401,41270.464.25$6,004
Oct 201461,56078.303.90$6,555
Sep 201451,48986.164.05$6,454
Aug 201401,50989.394.04$6,089
Jul 201401,49796.564.18$6,257
Jun 201401,42698.164.74$6,755
May 201401,48394.734.73$7,009
Apr 201461,44795.944.81$7,534
Mar 201451,46995.895.06$7,908
Feb 201401,53197.406.19$9,480
Jan 201401,64390.404.86$7,986
Dec 201301,57291.824.35$6,845
Nov 201301,64788.853.74$6,157
Oct 201301,54897.423.78$5,850
Sep 201301,630104.113.72$6,060
Aug 201301,781104.253.52$6,274
Jul 201301,711102.523.72$6,361
Jun 201301,49394.403.93$5,873
May 201301,69694.834.15$7,037
Apr 201301,53493.964.28$6,569
Mar 201301,71393.623.91$6,703
Feb 201301,64591.233.42$5,626
Jan 201301,66291.603.42$5,684
Dec 201201,87286.773.42$6,403
Nov 201201,87986.953.62$6,811
Oct 201201,96989.383.40$6,694
Sep 201201,81694.672.92$5,300
Aug 201202,07992.662.91$6,046
Jul 201202,17185.133.02$6,558
Jun 201202,21879.822.52$5,587
May 201242,22591.612.49$5,903
Apr 201202,386101.652.00$4,764
Mar 201202,542105.052.22$5,649
Feb 201202,424101.102.57$6,230
Jan 201252,85998.092.73$8,307
Dec 201103,03796.873.24$9,839
Nov 201143,23795.723.31$11,101
Oct 201153,53584.983.65$13,322
Sep 201105,05183.623.99$20,132
Aug 201101,26283.404.15$5,236
Jul 20110094.144.52$0
Jun 201152,86592.904.64$13,758
May 2011411998.134.40$917
Apr 201101,766105.964.33$7,653
Mar 201152,28396.364.06$9,745
Feb 201152,72185.644.18$11,802
Jan 201192,92086.504.59$14,178
Dec 201003,22585.734.35$14,021
Nov 201002,87080.843.80$10,893
Oct 201003,11978.103.51$10,944
Sep 201032,65472.633.98$10,779
Aug 201002,95473.684.42$13,055
Jul 201032,97472.554.74$14,304
Jun 201002,93470.364.91$14,407
May 201043,15471.124.24$13,642
Apr 201043,16181.694.12$13,359
Mar 201043,51578.394.39$15,740
Feb 201043,54773.585.44$19,598
Jan 201043,56774.365.96$21,571
Dec 200963,77971.445.48$21,152
Nov 200923,69274.593.75$14,000
Oct 200963,98672.544.11$16,819
Sep 200943,84665.543.06$12,049
Aug 200944,15167.423.22$13,630
Jul 2009124,47561.133.46$16,237
Jun 200954,03366.163.90$16,039
May 200954,76054.743.93$18,960
Apr 200984,90346.773.59$17,964
Mar 2009105,36142.144.06$22,182
Feb 2009174,92032.814.63$23,352
Jan 2009125,90535.865.37$32,146
Dec 2008156,33237.105.98$38,404
Nov 2008146,95955.496.86$48,518
Oct 2008229,19175.246.92$65,275
Sep 2008116,485101.767.88$52,202
Aug 2008329,512114.228.48$84,346
Jul 20083716,487131.0811.39$192,627
Jun 2008319,828131.3313.03$132,156

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                  487 Mcf  × $  3.05 =     $1,483

────────────────────────────────────────────────────
Month total                                   $1,483

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/241752 is the state's own key, not one this site invented.