GALVAN RANCH PR 2

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 243344District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$733 k
Apr 2008 – May 2026
Value, last 12 filed months
$238
at the published price for each month
Months reported
218
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 Gas112009-02-18184670
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
CondensateDisposition382 bbl$30,348
GasProduction149,920 Mcf$702,924
Total$733,271

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 28.0355, -99.6346. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03547, -99.63457 · 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
6,850 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 6,850 ft.

Completions filed
Apr 2008
1 of 1 wells

1 well

42-4794005516,850 ftApr 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 (218)

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

218 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202601289.753.15$38
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202506562.743.08$200
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 202507460.553.23$239
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 202108569.865.35$455
Aug 202109766.024.22$409
Jul 2021010370.783.98$410
Jun 202109069.493.38$304
May 2021010063.483.02$302
Apr 202109260.362.76$254
Mar 202109361.302.72$253
Feb 202107257.805.55$399
Jan 202109950.412.81$278
Dec 202008644.642.68$230
Nov 202009138.772.71$246
Oct 202007636.972.48$188
Sep 202007137.091.99$141
Aug 202007539.982.39$179
Jul 202008238.371.83$150
Jun 202008434.901.69$142
May 202007616.921.81$138
Apr 202008414.751.80$152
Mar 2020084230.341.86$1,563
Feb 2020079349.881.98$1,571
Jan 2020093357.252.09$1,954
Dec 2019081859.012.30$1,885
Nov 2019082755.302.75$2,275
Oct 2019087253.472.42$2,109
Sep 2019088455.052.66$2,349
Aug 2019084653.112.30$1,949
Jul 2019092456.272.46$2,273
Jun 2019082452.782.49$2,053
May 2019083958.482.74$2,299
Apr 2019088062.632.75$2,421
Mar 2019091556.803.06$2,802
Feb 2019086150.852.79$2,404
Jan 2019098246.033.23$3,170
Dec 201801,01846.594.19$4,261
Nov 201801,01452.934.24$4,297
Oct 2018099961.443.40$3,395
Sep 2018080259.543.11$2,493
Aug 201801,00959.403.07$3,094
Jul 2018094165.142.93$2,759
Jun 201801,00060.183.08$3,077
May 201801,10965.382.90$3,217
Apr 201801,05163.842.90$3,049
Mar 201801,16261.222.79$3,238
Feb 201801,09061.782.77$3,015
Jan 201801,01962.874.01$4,086
Dec 201741,11357.272.92$3,481
Nov 201701,19655.423.12$3,730
Oct 201741,21149.292.98$3,810
Sep 201741,14647.523.09$3,728
Aug 201741,27145.373.00$4,000
Jul 201701,27243.873.09$3,927
Jun 201741,31642.493.09$4,233
May 201741,48545.373.26$5,028
Apr 201741,44447.933.21$4,829
Mar 201731,54646.772.98$4,753
Feb 201741,39950.452.95$4,332
Jan 201781,43049.413.42$5,284
Dec 201601,07248.763.72$3,991
Nov 201631,13642.492.64$3,131
Oct 2016762046.193.09$2,239
Sep 2016450141.553.10$1,720
Aug 2016155341.442.92$1,659
Jul 2016358841.622.92$1,844
Jun 2016059445.352.69$1,595
May 2016055142.521.99$1,097
Apr 2016762736.561.99$1,504
Mar 2016055933.011.79$1,003
Feb 2016352026.472.06$1,153
Jan 2016342727.352.36$1,092
Dec 2015055732.362.00$1,115
Nov 2015070038.792.17$1,517
Oct 2015077943.552.43$1,890
Sep 2015062042.992.76$1,710
Aug 2015060340.162.87$1,732
Jul 2015055748.152.95$1,640
Jun 2015051056.152.88$1,470
May 2015338455.212.96$1,301
Apr 2015038849.822.71$1,050
Mar 2015037342.892.93$1,095
Feb 2015042344.662.98$1,259
Jan 2015031243.433.10$967
Dec 2014042654.693.59$1,530
Nov 2014045970.464.25$1,952
Oct 2014050778.303.90$1,978
Sep 2014048586.164.05$1,962
Aug 2014049889.394.04$2,009
Jul 2014049096.564.18$2,048
Jun 2014047198.164.74$2,231
May 2014248694.734.73$2,487
Apr 2014054195.944.81$2,602
Mar 2014248195.895.06$2,624
Feb 2014037997.406.19$2,347
Jan 2014141290.404.86$2,093
Dec 2013037291.824.35$1,620
Nov 2013035888.853.74$1,338
Oct 2013042197.423.78$1,591
Sep 20132447104.113.72$1,870
Aug 20130458104.253.52$1,613
Jul 20130493102.523.72$1,833
Jun 2013040394.403.93$1,585
May 2013042094.834.15$1,743
Apr 2013043493.964.28$1,859
Mar 2013079693.623.91$3,115
Feb 2013049191.233.42$1,679
Jan 2013045691.603.42$1,559
Dec 2012040186.773.42$1,371
Nov 2012043086.953.62$1,559
Oct 2012046989.383.40$1,594
Sep 2012047794.672.92$1,392
Aug 2012055792.662.91$1,620
Jul 2012160785.133.02$1,919
Jun 2012059479.822.52$1,496
May 2012155091.612.49$1,460
Apr 20120506101.652.00$1,010
Mar 20121515105.052.22$1,249
Feb 20122460101.102.57$1,385
Jan 2012157698.092.73$1,673
Dec 2011242196.873.24$1,558
Nov 2011166395.723.31$2,291
Oct 2011261884.983.65$2,425
Sep 201141,27283.623.99$5,404
Aug 2011214283.404.15$756
Jul 201101,00494.144.52$4,535
Jun 20110092.904.64$0
May 2011024998.134.40$1,097
Apr 20110426105.964.33$1,846
Mar 201151,21296.364.06$5,399
Feb 201121,13485.644.18$4,911
Jan 201161,25986.504.59$6,296
Dec 201041,28385.734.35$5,921
Nov 201041,25480.843.80$5,083
Oct 201041,28078.103.51$4,804
Sep 201031,23772.633.98$5,140
Aug 201041,40573.684.42$6,504
Jul 201021,36472.554.74$6,606
Jun 201051,38670.364.91$7,158
May 201071,70871.124.24$7,732
Apr 201081,51781.694.12$6,908
Mar 2010131,79778.394.39$8,906
Feb 201081,47873.585.44$8,632
Jan 201071,61974.365.96$10,176
Dec 200941,46971.445.48$8,341
Nov 200971,53374.593.75$6,273
Oct 200931,66572.544.11$7,061
Sep 2009101,94465.543.06$6,613
Aug 2009112,29467.423.22$8,125
Jul 200902,06361.133.46$7,147
Jun 200991,85066.163.90$7,801
May 200951,86454.743.93$7,591
Apr 200941,74246.773.59$6,437
Mar 200901,81142.144.06$7,351
Feb 200981,75132.814.63$8,375
Jan 200941,92635.865.37$10,488
Dec 2008122,07337.105.98$12,836
Nov 200892,08355.496.86$14,790
Oct 200892,72475.246.92$19,533
Sep 200892,423101.767.88$20,002
Aug 2008102,664114.228.48$23,741
Jul 2008213,228131.0811.39$39,518
Jun 2008163,611131.3313.03$49,162
May 2008414,278123.1711.57$54,565
Apr 200875,126110.3110.45$54,364

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                   12 Mcf  × $  3.15 =        $38

────────────────────────────────────────────────────
Month total                                      $38

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/243344 is the state's own key, not one this site invented.