GALVAN RANCH L12

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 243629District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Jul 2008 – May 2026
Value, last 12 filed months
$8 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 Gas112009-02-18187162
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
CondensateDisposition319 bbl$23,245
GasProduction269,788 Mcf$1,262,959
Total$1,286,205

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 28.0036, -99.7067. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.00362, -99.70666 · 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
6,518 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 6,518 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-4794017916,518 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 20260244106.413.05$743
Apr 2026020998.932.87$600
Mar 2026028089.753.15$882
Feb 2026016463.503.75$615
Jan 2026017859.138.00$1,424
Dec 2025018756.664.41$825
Nov 2025012858.593.93$503
Oct 2025016659.383.30$549
Sep 20250062.743.08$0
Aug 2025019563.933.01$588
Jul 2025015266.743.32$504
Jun 2025015266.483.13$476
May 20250060.553.23$0
Apr 2025016962.363.54$599
Mar 2025018267.704.27$777
Feb 2025019370.884.34$838
Jan 2025014374.324.28$612
Dec 2024014368.993.12$446
Nov 2024022869.052.20$501
Oct 2024021271.372.28$484
Sep 2024019069.612.36$449
Aug 2024020275.632.06$417
Jul 2024018279.932.15$391
Jun 2024020278.082.63$532
May 2024017778.812.20$389
Apr 2024016384.451.66$270
Mar 2024022180.301.55$341
Feb 2024023076.091.78$410
Jan 2024022573.023.30$742
Dec 2023020571.262.61$535
Nov 2023021577.892.81$604
Oct 2023019785.443.09$608
Sep 2023022389.042.74$610
Aug 2023022380.522.67$596
Jul 2023025174.852.64$663
Jun 2023020968.962.26$472
May 2023025570.622.23$568
Apr 2023022578.122.24$504
Mar 2023025572.852.39$610
Feb 2023024875.112.47$611
Jan 2023033176.533.39$1,121
Dec 2022026076.415.73$1,490
Nov 2022027685.005.65$1,558
Oct 2022024887.185.86$1,454
Sep 2022026984.888.16$2,196
Aug 2022027094.529.13$2,464
Jul 20220275101.587.54$2,074
Jun 20220310115.097.98$2,473
May 20220294109.378.43$2,479
Apr 20220300104.226.84$2,051
Mar 20220371108.885.08$1,883
Feb 2022027191.054.86$1,317
Jan 2022034781.844.54$1,575
Dec 2021032571.323.90$1,267
Nov 2021032177.435.24$1,681
Oct 2021035179.795.71$2,006
Sep 2021066569.865.35$3,558
Aug 2021069466.024.22$2,929
Jul 2021069170.783.98$2,752
Jun 2021066669.493.38$2,251
May 2021070263.483.02$2,118
Apr 2021075060.362.76$2,069
Mar 20210061.302.72$0
Feb 2021058857.805.55$3,262
Jan 2021075250.412.81$2,113
Dec 2020079044.642.68$2,114
Nov 2020066538.772.71$1,800
Oct 2020081536.972.48$2,020
Sep 2020078937.091.99$1,571
Aug 2020084039.982.39$2,003
Jul 2020079538.371.83$1,451
Jun 2020074634.901.69$1,261
May 2020078016.921.81$1,416
Apr 2020075314.751.80$1,359
Mar 2020027430.341.86$509
Feb 2020025949.881.98$513
Jan 2020030457.252.09$637
Dec 2019026659.012.30$613
Nov 2019026955.302.75$740
Oct 2019028453.472.42$687
Sep 2019028855.052.66$765
Aug 2019027653.112.30$636
Jul 2019030156.272.46$740
Jun 2019026852.782.49$668
May 2019027458.482.74$751
Apr 2019028762.632.75$789
Mar 2019429856.803.06$1,140
Feb 2019028150.852.79$785
Jan 2019032046.033.23$1,033
Dec 2018033246.594.19$1,390
Nov 2018033152.934.24$1,403
Oct 2018032661.443.40$1,108
Sep 2018026159.543.11$811
Aug 2018032959.403.07$1,009
Jul 2018030765.142.93$900
Jun 2018032660.183.08$1,003
May 2018036265.382.90$1,050
Apr 2018034363.842.90$995
Mar 2018037961.222.79$1,056
Feb 2018035561.782.77$982
Jan 2018033262.874.01$1,331
Dec 2017036357.272.92$1,061
Nov 2017039055.423.12$1,216
Oct 2017142249.292.98$1,308
Sep 2017146247.523.09$1,474
Aug 2017156245.373.00$1,734
Jul 2017070743.873.09$2,183
Jun 2017158842.493.09$1,858
May 2017163545.373.26$2,118
Apr 2017161747.933.21$2,029
Mar 2017076546.772.98$2,283
Feb 2017175650.452.95$2,283
Jan 2017193449.413.42$3,243
Dec 201601,17548.763.72$4,374
Nov 201601,02542.492.64$2,710
Oct 2016441146.193.09$1,455
Sep 2016043641.553.10$1,352
Aug 2016130941.442.92$945
Jul 2016034741.622.92$1,015
Jun 2016029745.352.69$798
May 2016439242.521.99$951
Apr 2016039536.561.99$786
Mar 2016060133.011.79$1,078
Feb 2016257626.472.06$1,242
Jan 2016053727.352.36$1,270
Dec 2015447832.362.00$1,086
Nov 2015049538.792.17$1,073
Oct 2015053943.552.43$1,308
Sep 201541,27842.992.76$3,697
Aug 201501,24740.162.87$3,582
Jul 2015078348.152.95$2,306
Jun 2015030656.152.88$882
May 2015586855.212.96$2,841
Apr 2015088249.822.71$2,387
Mar 201501,11842.892.93$3,281
Feb 201551,11344.662.98$3,536
Jan 2015073343.433.10$2,273
Dec 201401,08354.693.59$3,889
Nov 201401,04770.464.25$4,452
Oct 201441,15778.303.90$4,827
Sep 2014594986.164.05$4,270
Aug 201401,17089.394.04$4,721
Jul 201401,16196.564.18$4,853
Jun 201401,10698.164.74$5,239
May 201401,26294.734.73$5,965
Apr 201451,47495.944.81$7,568
Mar 2014285295.895.06$4,500
Feb 2014036897.406.19$2,279
Jan 2014036890.404.86$1,789
Dec 2013045891.824.35$1,994
Nov 201301,01288.853.74$3,783
Oct 201301,11897.423.78$4,225
Sep 201301,166104.113.72$4,335
Aug 201301,165104.253.52$4,104
Jul 201301,280102.523.72$4,759
Jun 201301,17994.403.93$4,637
May 201301,36794.834.15$5,672
Apr 201301,34093.964.28$5,739
Mar 201301,31593.623.91$5,145
Feb 201301,28391.233.42$4,388
Jan 201301,37191.603.42$4,689
Dec 201201,46386.773.42$5,004
Nov 201201,65486.953.62$5,996
Oct 201201,31089.383.40$4,454
Sep 201201,23794.672.92$3,610
Aug 201201,80192.662.91$5,238
Jul 201201,90085.133.02$5,740
Jun 201201,95079.822.52$4,912
May 201242,03191.612.49$5,420
Apr 201202,234101.652.00$4,461
Mar 201202,491105.052.22$5,535
Feb 201202,424101.102.57$6,230
Jan 201252,82398.092.73$8,209
Dec 201103,16496.873.24$10,251
Nov 201143,07495.723.31$10,562
Oct 201132,29584.983.65$8,628
Sep 201102,87183.623.99$11,443
Aug 2011051783.404.15$2,145
Jul 20110094.144.52$0
Jun 201141,44992.904.64$7,095
May 201149798.134.40$820
Apr 201101,791105.964.33$7,761
Mar 201142,61496.364.06$10,991
Feb 201142,47785.644.18$10,696
Jan 201182,59586.504.59$12,600
Dec 201002,79985.734.35$12,169
Nov 201002,44080.843.80$9,261
Oct 201002,98878.103.51$10,485
Sep 201033,08072.633.98$12,475
Aug 201002,32173.684.42$10,257
Jul 201032,48372.554.74$11,978
Jun 201002,87270.364.91$14,103
May 201032,94771.124.24$12,695
Apr 201032,83081.694.12$11,912
Mar 201033,19378.394.39$14,248
Feb 201033,25173.585.44$17,914
Jan 201043,06974.365.96$18,601
Dec 200953,33871.445.48$18,662
Nov 200923,39774.593.75$12,893
Oct 200963,74172.544.11$15,812
Sep 200943,77765.543.06$11,838
Aug 200944,12767.423.22$13,552
Jul 2009114,34061.133.46$15,708
Jun 200953,91766.163.90$15,588
May 200954,58254.743.93$18,261
Apr 200984,71546.773.59$17,289
Mar 200995,26342.144.06$21,742
Feb 2009164,81332.814.63$22,824
Jan 2009125,67635.865.37$30,916
Dec 2008156,41037.105.98$38,870
Nov 2008147,13055.496.86$49,691
Oct 2008238,87775.246.92$63,177
Sep 2008137,848101.767.88$63,142
Aug 20082910,811114.228.48$95,022
Jul 20081913,743131.0811.39$159,015

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                  244 Mcf  × $  3.05 =       $743

────────────────────────────────────────────────────
Month total                                     $743

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/243629 is the state's own key, not one this site invented.