GALVAN RANCH L8

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 243096District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$475 k
Aug 2008 – May 2026
Value, last 12 filed months
$16 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 Gas112009-04-16190489
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
CondensateDisposition86 bbl$5,931
GasProduction110,362 Mcf$468,942
Total$474,873

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 28.0267, -99.6997. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02667, -99.69972 · 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
6,565 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 6,565 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-4794017616,565 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 20260520106.413.05$1,584
Apr 2026044698.932.87$1,280
Mar 2026042589.753.15$1,339
Feb 2026035063.503.75$1,313
Jan 2026037959.138.00$3,031
Dec 2025039856.664.41$1,757
Nov 2025027358.593.93$1,072
Oct 2025035359.383.30$1,167
Sep 20250062.743.08$0
Aug 2025041863.933.01$1,260
Jul 2025032566.743.32$1,077
Jun 2025032566.483.13$1,017
May 20250060.553.23$0
Apr 2025036162.363.54$1,279
Mar 2025038767.704.27$1,652
Feb 2025041270.884.34$1,788
Jan 2025030574.324.28$1,305
Dec 2024030668.993.12$955
Nov 2024048669.052.20$1,068
Oct 2024045271.372.28$1,031
Sep 2024040469.612.36$955
Aug 2024043175.632.06$889
Jul 2024039079.932.15$837
Jun 2024043178.082.63$1,135
May 2024037778.812.20$829
Apr 2024034884.451.66$577
Mar 2024047180.301.55$728
Feb 2024049376.091.78$879
Jan 2024048073.023.30$1,583
Dec 2023043871.262.61$1,144
Nov 2023045877.892.81$1,286
Oct 2023042085.443.09$1,297
Sep 2023047689.042.74$1,302
Aug 2023047680.522.67$1,272
Jul 2023053674.852.64$1,416
Jun 2023044668.962.26$1,007
May 2023054570.622.23$1,214
Apr 2023047978.122.24$1,072
Mar 2023054572.852.39$1,304
Feb 2023052875.112.47$1,302
Jan 2023070576.533.39$2,388
Dec 2022055576.415.73$3,180
Nov 2022058885.005.65$3,320
Oct 2022052987.185.86$3,102
Sep 2022057484.888.16$4,686
Aug 2022057594.529.13$5,248
Jul 20220587101.587.54$4,427
Jun 20220662115.097.98$5,281
May 20220628109.378.43$5,296
Apr 20220640104.226.84$4,376
Mar 20220791108.885.08$4,015
Feb 2022057891.054.86$2,808
Jan 2022074081.844.54$3,358
Dec 2021069371.323.90$2,702
Nov 2021068477.435.24$3,582
Oct 2021075079.795.71$4,285
Sep 202104369.865.35$230
Aug 202104566.024.22$190
Jul 202104570.783.98$179
Jun 202104369.493.38$145
May 202104563.483.02$136
Apr 202104860.362.76$132
Mar 202104961.302.72$133
Feb 202103857.805.55$211
Jan 202104950.412.81$138
Dec 202005144.642.68$136
Nov 202004338.772.71$116
Oct 202005236.972.48$129
Sep 202005137.091.99$102
Aug 202005439.982.39$129
Jul 202005238.371.83$95
Jun 202004834.901.69$81
May 202005016.921.81$91
Apr 202004614.751.80$83
Mar 2020024530.341.86$455
Feb 2020023149.881.98$458
Jan 2020027257.252.09$570
Dec 2019023859.012.30$548
Nov 2019024155.302.75$663
Oct 2019025453.472.42$614
Sep 2019025755.052.66$683
Aug 2019024653.112.30$567
Jul 2019026956.272.46$662
Jun 2019024052.782.49$598
May 2019024458.482.74$669
Apr 2019025662.632.75$704
Mar 2019026656.803.06$815
Feb 2019025050.852.79$698
Jan 2019028646.033.23$923
Dec 2018029646.594.19$1,239
Nov 2018029552.934.24$1,250
Oct 2018029161.443.40$989
Sep 2018023359.543.11$724
Aug 2018029459.403.07$902
Jul 2018027465.142.93$803
Jun 2018029160.183.08$895
May 2018032365.382.90$937
Apr 2018030663.842.90$888
Mar 2018033861.222.79$942
Feb 2018031761.782.77$877
Jan 2018029762.874.01$1,191
Dec 2017032457.272.92$947
Nov 2017234855.423.12$1,196
Oct 2017037749.292.98$1,125
Sep 2017050447.523.09$1,556
Aug 2017058345.373.00$1,752
Jul 2017058543.873.09$1,806
Jun 2017046742.493.09$1,442
May 2017060445.373.26$1,971
Apr 2017040447.933.21$1,297
Mar 2017055546.772.98$1,656
Feb 2017057250.452.95$1,689
Jan 2017058149.413.42$1,986
Dec 2016056948.763.72$2,118
Nov 2016041342.492.64$1,092
Oct 2016135046.193.09$1,128
Sep 2016035141.553.10$1,088
Aug 2016031841.442.92$930
Jul 2016049041.622.92$1,433
Jun 2016045645.352.69$1,225
May 2016043842.521.99$872
Apr 2016045436.561.99$904
Mar 2016031733.011.79$569
Feb 2016316626.472.06$422
Jan 2016035227.352.36$832
Dec 2015225632.362.00$577
Nov 2015032738.792.17$709
Oct 2015035643.552.43$864
Sep 2015240842.992.76$1,211
Aug 2015039840.162.87$1,143
Jul 2015031248.152.95$919
Jun 2015022856.152.88$657
May 2015240055.212.96$1,293
Apr 2015040749.822.71$1,102
Mar 2015050342.892.93$1,476
Feb 2015248044.662.98$1,518
Jan 2015030243.433.10$936
Dec 2014044554.693.59$1,598
Nov 2014040470.464.25$1,718
Oct 2014244678.303.90$1,896
Sep 2014244486.164.05$1,969
Aug 2014042789.394.04$1,723
Jul 2014042396.564.18$1,768
Jun 2014040398.164.74$1,909
May 2014050594.734.73$2,387
Apr 2014245295.944.81$2,366
Mar 2014247495.895.06$2,589
Feb 2014055297.406.19$3,418
Jan 2014052790.404.86$2,562
Dec 201309591.824.35$414
Nov 2013044688.853.74$1,667
Oct 2013042297.423.78$1,595
Sep 20130444104.113.72$1,651
Aug 20130476104.253.52$1,677
Jul 20130571102.523.72$2,123
Jun 2013046394.403.93$1,821
May 2013051394.834.15$2,128
Apr 2013048993.964.28$2,094
Mar 2013051893.623.91$2,027
Feb 2013048591.233.42$1,659
Jan 2013048991.603.42$1,672
Dec 2012052486.773.42$1,792
Nov 2012053686.953.62$1,943
Oct 2012055689.383.40$1,890
Sep 2012047294.672.92$1,377
Aug 2012061292.662.91$1,780
Jul 2012061285.133.02$1,849
Jun 2012062479.822.52$1,572
May 2012165791.612.49$1,726
Apr 20120710101.652.00$1,418
Mar 20120845105.052.22$1,878
Feb 20120477101.102.57$1,226
Jan 2012278298.092.73$2,334
Dec 2011083796.873.24$2,712
Nov 201121,35795.723.31$4,685
Oct 2011293384.983.65$3,574
Sep 201101,18283.623.99$4,711
Aug 2011050283.404.15$2,083
Jul 201101494.144.52$63
Jun 2011194892.904.64$4,492
May 201111798.134.40$173
Apr 20110524105.964.33$2,271
Mar 2011164596.364.06$2,713
Feb 2011175785.644.18$3,250
Jan 2011387386.504.59$4,266
Dec 2010096785.734.35$4,204
Nov 201001,08380.843.80$4,110
Oct 2010084478.103.51$2,962
Sep 2010088972.633.98$3,538
Aug 2010023773.684.42$1,047
Jul 2010140572.554.74$1,991
Jun 2010045970.364.91$2,254
May 2010154071.124.24$2,358
Apr 2010162281.694.12$2,646
Mar 2010186078.394.39$3,853
Feb 201001,15673.585.44$6,291
Jan 20100474.365.96$24
Dec 20090071.445.48$0
Nov 2009016074.593.75$600
Oct 2009168872.544.11$2,900
Sep 2009186865.543.06$2,726
Aug 200911,08867.423.22$3,569
Jul 200911,80661.133.46$6,318
Jun 20091066.163.90$66
May 2009158254.743.93$2,340
Apr 200921,01446.773.59$3,731
Mar 200921,30242.144.06$5,369
Feb 2009381832.814.63$3,888
Jan 200931,31435.865.37$7,165
Dec 200841,70737.105.98$10,351
Nov 200862,80555.496.86$19,576
Oct 2008113,89275.246.92$27,768
Sep 200854,043101.767.88$32,356
Aug 200843,771114.228.48$32,446

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                  520 Mcf  × $  3.05 =     $1,584

────────────────────────────────────────────────────
Month total                                   $1,584

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/243096 is the state's own key, not one this site invented.