GALVAN RANCH L9

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 242343District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$563 k
Jul 2008 – May 2026
Value, last 12 filed months
$1 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 Gas112009-01-15187165
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
CondensateDisposition172 bbl$10,944
GasProduction129,889 Mcf$552,201
Total$563,145

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, -99.6964. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01556, -99.69639 · 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
6,570 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 6,570 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-4794012216,570 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 202605889.753.15$183
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 202506662.743.08$203
Aug 202502663.933.01$78
Jul 202502066.743.32$66
Jun 202502066.483.13$63
May 202505460.553.23$175
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 202104779.795.71$269
Sep 2021025869.865.35$1,381
Aug 2021026866.024.22$1,131
Jul 2021026870.783.98$1,067
Jun 2021025869.493.38$872
May 2021027263.483.02$821
Apr 2021029060.362.76$800
Mar 2021029261.302.72$793
Feb 2021022757.805.55$1,259
Jan 2021029150.412.81$818
Dec 2020030544.642.68$816
Nov 2020025738.772.71$696
Oct 2020031636.972.48$783
Sep 2020030537.091.99$607
Aug 2020032639.982.39$778
Jul 2020030838.371.83$562
Jun 2020028934.901.69$489
May 2020037816.921.81$686
Apr 2020035014.751.80$632
Mar 2020028830.341.86$535
Feb 2020027249.881.98$539
Jan 2020032057.252.09$670
Dec 2019028059.012.30$645
Nov 2019028355.302.75$778
Oct 2019029953.472.42$723
Sep 2019030355.052.66$805
Aug 2019029053.112.30$668
Jul 2019031756.272.46$780
Jun 2019028252.782.49$703
May 2019028858.482.74$789
Apr 2019030262.632.75$831
Mar 2019031456.803.06$962
Feb 2019029550.852.79$824
Jan 2019033746.033.23$1,088
Dec 2018034946.594.19$1,461
Nov 2018034852.934.24$1,475
Oct 2018034261.443.40$1,162
Sep 2018027559.543.11$855
Aug 2018034659.403.07$1,061
Jul 2018032265.142.93$944
Jun 2018034360.183.08$1,055
May 2018038065.382.90$1,102
Apr 2018036063.842.90$1,044
Mar 2018039861.222.79$1,109
Feb 2018037461.782.77$1,035
Jan 2018034962.874.01$1,399
Dec 2017038157.272.92$1,113
Nov 2017841055.423.12$1,722
Oct 2017144449.292.98$1,374
Sep 2017148647.523.09$1,548
Aug 2017162445.373.00$1,920
Jul 2017037843.873.09$1,167
Jun 2017160642.493.09$1,913
May 2017184145.373.26$2,790
Apr 2017147147.933.21$1,561
Mar 2017063646.772.98$1,898
Feb 2017160250.452.95$1,828
Jan 2017265349.413.42$2,331
Dec 2016075548.763.72$2,811
Nov 2016077542.492.64$2,049
Oct 20161361346.193.09$2,495
Sep 2016062241.553.10$1,929
Aug 2016274741.442.92$2,267
Jul 2016079741.622.92$2,331
Jun 2016164345.352.69$1,772
May 20161066742.521.99$1,753
Apr 201601,04536.561.99$2,081
Mar 201601,02333.011.79$1,835
Feb 201671,83926.472.06$3,980
Jan 2016095927.352.36$2,267
Dec 201531,28532.362.00$2,669
Nov 2015053238.792.17$1,153
Oct 2015058043.552.43$1,407
Sep 2015435742.992.76$1,157
Aug 2015034840.162.87$1,000
Jul 2015042148.152.95$1,240
Jun 2015050956.152.88$1,467
May 2015797755.212.96$3,274
Apr 2015099349.822.71$2,688
Mar 201501,59242.892.93$4,672
Feb 201581,93144.662.98$6,104
Jan 201501,50543.433.10$4,666
Dec 201401,56254.693.59$5,610
Nov 2014071370.464.25$3,032
Oct 2014378878.303.90$3,309
Sep 2014250586.164.05$2,215
Aug 2014033989.394.04$1,368
Jul 2014033696.564.18$1,404
Jun 2014032098.164.74$1,516
May 2014074694.734.73$3,526
Apr 2014496095.944.81$5,001
Mar 201431,28495.895.06$6,781
Feb 201401,36297.406.19$8,434
Jan 201401,62090.404.86$7,874
Dec 201301,73891.824.35$7,568
Nov 201301,70688.853.74$6,378
Oct 2013067697.423.78$2,555
Sep 20130751104.113.72$2,792
Aug 20130449104.253.52$1,582
Jul 20130106102.523.72$394
Jun 20130094.403.93$0
May 2013033794.834.15$1,398
Apr 2013048193.964.28$2,060
Mar 2013054893.623.91$2,144
Feb 2013048191.233.42$1,645
Jan 2013053291.603.42$1,819
Dec 2012056086.773.42$1,915
Nov 2012065986.953.62$2,389
Oct 2012046089.383.40$1,564
Sep 2012052594.672.92$1,532
Aug 2012053192.662.91$1,544
Jul 2012071585.133.02$2,160
Jun 2012074979.822.52$1,887
May 2012164391.612.49$1,692
Apr 20120790101.652.00$1,577
Mar 20120857105.052.22$1,904
Feb 20120771101.102.57$1,982
Jan 2012293698.092.73$2,755
Dec 201101,23096.873.24$3,985
Nov 201121,60195.723.31$5,493
Oct 201132,58684.983.65$9,690
Sep 201102,09583.623.99$8,350
Aug 201102,85383.404.15$11,838
Jul 201102,66794.144.52$12,047
Jun 2011285292.904.64$4,139
May 20111398.134.40$111
Apr 20110533105.964.33$2,310
Mar 2011284996.364.06$3,637
Feb 2011294585.644.18$4,121
Jan 201131,17786.504.59$5,660
Dec 201001,34385.734.35$5,839
Nov 201001,37080.843.80$5,200
Oct 201001,56478.103.51$5,488
Sep 2010161172.633.98$2,504
Aug 201001,31973.684.42$5,829
Jul 2010172472.554.74$3,502
Jun 201001,63570.364.91$8,029
May 201009371.124.24$394
Apr 2010128781.694.12$1,265
Mar 2010137678.394.39$1,729
Feb 2010156673.585.44$3,154
Jan 2010163274.365.96$3,844
Dec 2009191171.445.48$5,067
Nov 2009053474.593.75$2,003
Oct 2009157672.544.11$2,440
Sep 2009129665.543.06$973
Aug 2009062967.423.22$2,024
Jul 2009252861.133.46$1,952
Jun 2009285166.163.90$3,447
May 200921,60754.743.93$6,418
Apr 200931,55646.773.59$5,722
Mar 200931,87142.144.06$7,721
Feb 200961,46732.814.63$6,993
Jan 200952,23135.865.37$12,162
Dec 200872,80937.105.98$17,049
Nov 200842,91555.496.86$20,220
Oct 200871,16075.246.92$8,556
Sep 200854,399101.767.88$35,160
Aug 200893,171114.228.48$27,928
Jul 200864,170131.0811.39$48,280

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/242343 is the state's own key, not one this site invented.