GALVAN RANCH L11

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 242007District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Jul 2008 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
215
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 Gas112009-01-15187163
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
CondensateDisposition345 bbl$24,632
GasProduction255,418 Mcf$1,246,828
Total$1,271,460

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 28.0089, -99.7136. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.00889, -99.71361 · 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
6,520 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 6,520 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-4794012816,520 ftJul 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 (215)

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

215 months

May 2026032106.413.05$97
Apr 202602898.932.87$80
Mar 202605589.753.15$173
Feb 202602263.503.75$83
Jan 202602459.138.00$192
Dec 202502556.664.41$110
Nov 202501858.593.93$71
Oct 202502259.383.30$73
Sep 2025069062.743.08$2,123
Aug 202502663.933.01$78
Jul 202502066.743.32$66
Jun 202502066.483.13$63
May 2025055860.553.23$1,804
Apr 202502362.363.54$81
Mar 202502467.704.27$102
Feb 202502670.884.34$113
Jan 202501974.324.28$81
Dec 202401968.993.12$59
Nov 202403069.052.20$66
Oct 202402871.372.28$64
Sep 202402569.612.36$59
Aug 202402775.632.06$56
Jul 202402479.932.15$52
Jun 202402778.082.63$71
May 202402478.812.20$53
Apr 202402284.451.66$37
Mar 202402980.301.55$45
Feb 202403176.091.78$55
Jan 202403073.023.30$99
Dec 202302771.262.61$70
Nov 202302977.892.81$81
Oct 202302685.443.09$80
Sep 202303089.042.74$82
Aug 202303080.522.67$80
Jul 202303374.852.64$87
Jun 202302868.962.26$63
May 202303470.622.23$76
Apr 202303078.122.24$67
Mar 202303472.852.39$81
Feb 202303375.112.47$81
Jan 202304476.533.39$149
Dec 202203576.415.73$201
Nov 202203785.005.65$209
Oct 202203387.185.86$194
Sep 202203684.888.16$294
Aug 202203694.529.13$329
Jul 2022037101.587.54$279
Jun 2022042115.097.98$335
May 2022039109.378.43$329
Apr 2022040104.226.84$274
Mar 2022049108.885.08$249
Feb 202203691.054.86$175
Jan 202204681.844.54$209
Dec 202104371.323.90$168
Nov 202104377.435.24$225
Oct 202105079.795.71$286
Sep 2021023669.865.35$1,263
Aug 2021024666.024.22$1,038
Jul 2021024570.783.98$976
Jun 2021023669.493.38$798
May 2021024963.483.02$751
Apr 2021026560.362.76$731
Mar 2021026761.302.72$725
Feb 2021020857.805.55$1,154
Jan 2021026750.412.81$750
Dec 2020028044.642.68$749
Nov 2020023638.772.71$639
Oct 2020029036.972.48$719
Sep 2020028037.091.99$557
Aug 2020029839.982.39$711
Jul 2020028238.371.83$515
Jun 2020026434.901.69$446
May 2020027716.921.81$503
Apr 2020019914.751.80$359
Mar 2020028530.341.86$529
Feb 2020026849.881.98$531
Jan 2020031657.252.09$662
Dec 2019027659.012.30$636
Nov 2019027955.302.75$767
Oct 2019029553.472.42$713
Sep 2019029955.052.66$795
Aug 2019028653.112.30$659
Jul 2019031256.272.46$768
Jun 2019027852.782.49$693
May 2019028458.482.74$778
Apr 2019029862.632.75$820
Mar 2019030956.803.06$946
Feb 2019029150.852.79$813
Jan 2019033246.033.23$1,072
Dec 2018034446.594.19$1,440
Nov 2018034352.934.24$1,453
Oct 2018033861.443.40$1,149
Sep 2018027159.543.11$842
Aug 2018034159.403.07$1,046
Jul 2018031865.142.93$932
Jun 2018033860.183.08$1,040
May 2018037565.382.90$1,088
Apr 2018035563.842.90$1,030
Mar 2018039361.222.79$1,095
Feb 2018036961.782.77$1,021
Jan 2018034562.874.01$1,383
Dec 2017037657.272.92$1,098
Nov 2017440555.423.12$1,485
Oct 2017143849.292.98$1,356
Sep 2017138847.523.09$1,245
Aug 2017143545.373.00$1,352
Jul 2017044443.873.09$1,371
Jun 2017134142.493.09$1,095
May 2017121245.373.26$737
Apr 2017131947.933.21$1,072
Mar 2017047746.772.98$1,423
Feb 2017148950.452.95$1,494
Jan 2017148749.413.42$1,714
Dec 2016052148.763.72$1,940
Nov 2016057442.492.64$1,518
Oct 2016444846.193.09$1,569
Sep 2016042041.553.10$1,302
Aug 2016141341.442.92$1,249
Jul 2016047841.622.92$1,398
Jun 2016034345.352.69$921
May 2016339942.521.99$922
Apr 2016029836.561.99$593
Mar 2016055133.011.79$989
Feb 2016356526.472.06$1,245
Jan 2016052027.352.36$1,229
Dec 2015359432.362.00$1,286
Nov 2015046638.792.17$1,010
Oct 2015050843.552.43$1,233
Sep 2015458642.992.76$1,788
Aug 2015057240.162.87$1,643
Jul 2015061048.152.95$1,797
Jun 2015066656.152.88$1,920
May 2015375255.212.96$2,388
Apr 2015076449.822.71$2,068
Mar 2015053142.892.93$1,558
Feb 2015246944.662.98$1,485
Jan 2015026943.433.10$834
Dec 2014038354.693.59$1,375
Nov 2014038170.464.25$1,620
Oct 2014242178.303.90$1,799
Sep 2014259186.164.05$2,563
Aug 2014070489.394.04$2,841
Jul 2014069996.564.18$2,922
Jun 2014066698.164.74$3,155
May 2014035994.734.73$1,697
Apr 2014235995.944.81$1,918
Mar 2014371495.895.06$3,898
Feb 2014077297.406.19$4,780
Jan 2014078390.404.86$3,806
Dec 2013083491.824.35$3,632
Nov 2013073188.853.74$2,733
Oct 2013081697.423.78$3,084
Sep 20130857104.113.72$3,186
Aug 20130937104.253.52$3,301
Jul 20130561102.523.72$2,086
Jun 2013050994.403.93$2,002
May 2013058494.834.15$2,423
Apr 2013064193.964.28$2,745
Mar 2013066693.623.91$2,606
Feb 2013057291.233.42$1,956
Jan 2013095291.603.42$3,256
Dec 201201,15386.773.42$3,943
Nov 201201,18486.953.62$4,292
Oct 201201,24689.383.40$4,236
Sep 201201,17594.672.92$3,429
Aug 201201,36192.662.91$3,958
Jul 201201,44785.133.02$4,371
Jun 201201,50079.822.52$3,779
May 201231,53491.612.49$4,092
Apr 201201,674101.652.00$3,343
Mar 201201,835105.052.22$4,078
Feb 201201,738101.102.57$4,467
Jan 201231,95998.092.73$5,650
Dec 201102,17896.873.24$7,056
Nov 201132,24795.723.31$7,728
Oct 201132,09784.983.65$7,906
Sep 201102,51883.623.99$10,036
Aug 201102,29583.404.15$9,523
Jul 20110094.144.52$0
Jun 201131,44592.904.64$6,983
May 201133198.134.40$431
Apr 201101,273105.964.33$5,516
Mar 201141,72996.364.06$7,401
Feb 201142,16885.644.18$9,405
Jan 201192,46586.504.59$12,090
Dec 201002,71185.734.35$11,787
Nov 201002,63380.843.80$9,993
Oct 201002,93878.103.51$10,309
Sep 201043,20272.633.98$13,033
Aug 201003,66073.684.42$16,175
Jul 201043,07572.554.74$14,855
Jun 201003,47570.364.91$17,064
May 201043,83571.124.24$16,527
Apr 201043,80181.694.12$15,997
Mar 201054,27378.394.39$19,145
Feb 201054,30873.585.44$23,814
Jan 201054,46574.365.96$27,001
Dec 200974,61271.445.48$25,791
Nov 200934,73974.593.75$18,002
Oct 200985,12272.544.11$21,633
Sep 200955,08265.543.06$15,903
Aug 200955,57667.423.22$18,283
Jul 2009165,93461.133.46$21,536
Jun 200965,83966.163.90$23,140
May 200976,12154.743.93$24,413
Apr 2009106,22146.773.59$22,786
Mar 2009126,56942.144.06$27,169
Feb 2009226,20132.814.63$29,451
Jan 2009167,64035.865.37$41,608
Dec 2008188,12837.105.98$49,250
Nov 2008115,30355.496.86$36,991
Oct 2008238,48375.246.92$60,450
Sep 2008138,228101.767.88$66,136
Aug 20083110,287114.228.48$90,806
Jul 20082215,994131.0811.39$185,046

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                   32 Mcf  × $  3.05 =        $97

────────────────────────────────────────────────────
Month total                                      $97

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/242007 is the state's own key, not one this site invented.