GALVAN RANCH L10

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 242341District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$827 k
Aug 2008 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
214
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 Gas112009-01-15187164
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
CondensateDisposition224 bbl$14,310
GasProduction189,467 Mcf$813,037
Total$827,347

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 28.0156, -99.7075. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01562, -99.70748 · 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
Aug 2008
1 of 1 wells

1 well

42-4794017816,550 ftAug 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 (214)

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

214 months

May 20260130106.413.05$396
Apr 2026011198.932.87$319
Mar 2026012389.753.15$387
Feb 202608863.503.75$330
Jan 202609559.138.00$760
Dec 2025010056.664.41$441
Nov 202506858.593.93$267
Oct 202508859.383.30$291
Sep 20250062.743.08$0
Aug 2025010563.933.01$317
Jul 202508166.743.32$269
Jun 202508166.483.13$253
May 20250060.553.23$0
Apr 202509062.363.54$319
Mar 202509767.704.27$414
Feb 2025010370.884.34$447
Jan 202507674.324.28$325
Dec 202407768.993.12$240
Nov 2024012169.052.20$266
Oct 2024011371.372.28$258
Sep 2024010269.612.36$241
Aug 2024010875.632.06$223
Jul 202409879.932.15$210
Jun 2024010878.082.63$284
May 202409478.812.20$207
Apr 202408784.451.66$144
Mar 2024011780.301.55$181
Feb 2024012376.091.78$219
Jan 2024012073.023.30$396
Dec 2023010971.262.61$285
Nov 2023011577.892.81$323
Oct 2023010585.443.09$324
Sep 2023011989.042.74$325
Aug 2023011980.522.67$318
Jul 2023013374.852.64$351
Jun 2023011268.962.26$253
May 2023013670.622.23$303
Apr 2023012078.122.24$269
Mar 2023013672.852.39$325
Feb 2023013375.112.47$328
Jan 2023017676.533.39$596
Dec 2022013976.415.73$796
Nov 2022014785.005.65$830
Oct 2022013287.185.86$774
Sep 2022014484.888.16$1,176
Aug 2022014494.529.13$1,314
Jul 20220147101.587.54$1,109
Jun 20220165115.097.98$1,316
May 20220157109.378.43$1,324
Apr 20220160104.226.84$1,094
Mar 20220198108.885.08$1,005
Feb 2022014491.054.86$700
Jan 2022018581.844.54$839
Dec 2021017371.323.90$675
Nov 2021017177.435.24$896
Oct 2021018979.795.71$1,080
Sep 2021015069.865.35$803
Aug 2021015766.024.22$663
Jul 2021015670.783.98$621
Jun 2021015069.493.38$507
May 2021015963.483.02$480
Apr 2021016960.362.76$466
Mar 2021017061.302.72$462
Feb 2021013357.805.55$738
Jan 2021017050.412.81$478
Dec 2020017944.642.68$479
Nov 2020015038.772.71$406
Oct 2020018436.972.48$456
Sep 2020017837.091.99$354
Aug 2020019039.982.39$453
Jul 2020018038.371.83$329
Jun 2020016934.901.69$286
May 2020017716.921.81$321
Apr 2020016414.751.80$296
Mar 2020026630.341.86$494
Feb 2020025149.881.98$497
Jan 2020029557.252.09$618
Dec 2019025859.012.30$595
Nov 2019026155.302.75$718
Oct 2019027553.472.42$665
Sep 2019028055.052.66$744
Aug 2019026753.112.30$615
Jul 2019029256.272.46$718
Jun 2019026052.782.49$648
May 2019026558.482.74$726
Apr 2019027862.632.75$765
Mar 2019028956.803.06$885
Feb 2019027250.852.79$759
Jan 2019031046.033.23$1,001
Dec 2018032246.594.19$1,348
Nov 2018032152.934.24$1,360
Oct 2018031661.443.40$1,074
Sep 2018025359.543.11$786
Aug 2018031959.403.07$978
Jul 2018029765.142.93$871
Jun 2018031660.183.08$972
May 2018035165.382.90$1,018
Apr 2018033263.842.90$963
Mar 2018036761.222.79$1,023
Feb 2018034561.782.77$954
Jan 2018032262.874.01$1,291
Dec 2017035257.272.92$1,028
Nov 2017537855.423.12$1,456
Oct 2017141049.292.98$1,273
Sep 2017144547.523.09$1,421
Aug 2017147045.373.00$1,457
Jul 2017037443.873.09$1,155
Jun 2017141142.493.09$1,311
May 2017144345.373.26$1,491
Apr 2017150547.933.21$1,670
Mar 2017035546.772.98$1,059
Feb 2017160650.452.95$1,840
Jan 2017163749.413.42$2,227
Dec 2016043648.763.72$1,623
Nov 2016042542.492.64$1,124
Oct 2016451646.193.09$1,779
Sep 2016043041.553.10$1,333
Aug 2016147841.442.92$1,439
Jul 2016035941.622.92$1,050
Jun 2016049145.352.69$1,319
May 2016432142.521.99$809
Apr 2016040436.561.99$804
Mar 2016049933.011.79$895
Feb 2016456826.472.06$1,278
Jan 2016057227.352.36$1,352
Dec 2015361332.362.00$1,324
Nov 2015059138.792.17$1,281
Oct 2015064443.552.43$1,563
Sep 2015450342.992.76$1,559
Aug 2015049140.162.87$1,410
Jul 2015057848.152.95$1,702
Jun 2015068656.152.88$1,978
May 2015365955.212.96$2,113
Apr 2015067049.822.71$1,813
Mar 2015074742.892.93$2,192
Feb 2015250044.662.98$1,577
Jan 2015016543.433.10$512
Dec 2014060754.693.59$2,180
Nov 2014079770.464.25$3,389
Oct 2014488078.303.90$3,746
Sep 2014382086.164.05$3,576
Aug 2014086789.394.04$3,498
Jul 2014086096.564.18$3,594
Jun 2014082098.164.74$3,884
May 2014089594.734.73$4,230
Apr 2014395595.944.81$4,881
Mar 2014364595.895.06$3,549
Feb 2014073797.406.19$4,564
Jan 2014082390.404.86$4,000
Dec 2013083791.824.35$3,645
Nov 2013080688.853.74$3,013
Oct 2013090897.423.78$3,432
Sep 20130923104.113.72$3,431
Aug 201301,011104.253.52$3,561
Jul 201301,156102.523.72$4,298
Jun 2013076494.403.93$3,005
May 2013076894.834.15$3,186
Apr 2013079893.964.28$3,418
Mar 2013084993.623.91$3,322
Feb 2013061191.233.42$2,090
Jan 2013099091.603.42$3,386
Dec 201201,17386.773.42$4,012
Nov 201201,26986.953.62$4,600
Oct 201201,16889.383.40$3,971
Sep 201201,26994.672.92$3,703
Aug 2012087592.662.91$2,545
Jul 201201,26585.133.02$3,821
Jun 201201,41779.822.52$3,569
May 201231,45691.612.49$3,898
Apr 201201,575101.652.00$3,145
Mar 201201,701105.052.22$3,780
Feb 201201,603101.102.57$4,120
Jan 201231,89898.092.73$5,484
Dec 201101,76396.873.24$5,712
Nov 201131,87795.723.31$6,502
Oct 201132,04384.983.65$7,709
Sep 201102,50183.623.99$9,968
Aug 201101,35183.404.15$5,606
Jul 20110094.144.52$0
Jun 201131,45492.904.64$7,025
May 2011314098.134.40$911
Apr 20110906105.964.33$3,926
Mar 201131,54196.364.06$6,541
Feb 201131,75285.644.18$7,580
Jan 201161,97086.504.59$9,559
Dec 201002,12085.734.35$9,217
Nov 201002,11980.843.80$8,042
Oct 201001,79978.103.51$6,312
Sep 201021,87272.633.98$7,595
Aug 201002,17273.684.42$9,599
Jul 201022,13072.554.74$10,234
Jun 201002,22970.364.91$10,945
May 201032,36771.124.24$10,238
Apr 201032,48081.694.12$10,469
Mar 201032,76978.394.39$12,387
Feb 201032,86573.585.44$15,813
Jan 201042,98674.365.96$18,106
Dec 200953,22371.445.48$18,031
Nov 200923,11774.593.75$11,843
Oct 200953,35772.544.11$14,161
Sep 200933,25065.543.06$10,157
Aug 200933,51067.423.22$11,499
Jul 2009103,71961.133.46$13,496
Jun 200943,60766.163.90$14,314
May 200944,03154.743.93$16,044
Apr 200964,04346.773.59$14,785
Mar 200984,54142.144.06$18,769
Feb 2009144,18532.814.63$19,848
Jan 2009105,08935.865.37$27,692
Dec 2008124,97137.105.98$30,158
Nov 200894,90055.496.86$34,115
Oct 2008166,06875.246.92$43,206
Sep 200875,393101.767.88$43,193
Aug 200855,152114.228.48$44,276

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                  130 Mcf  × $  3.05 =       $396

────────────────────────────────────────────────────
Month total                                     $396

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/242341 is the state's own key, not one this site invented.