GALVAN RANCH P9

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 245162District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Aug 2008 – May 2026
Value, last 12 filed months
$10 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 Gas112009-05-12190490
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
CondensateDisposition605 bbl$43,410
GasProduction250,745 Mcf$1,107,617
Total$1,151,027

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 28.0453, -99.6461. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04531, -99.64606 · 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
6,870 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 6,870 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-4794027526,870 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 20260137106.413.05$417
Apr 2026019398.932.87$554
Mar 2026024289.753.15$762
Feb 2026017563.503.75$656
Jan 2026018559.138.00$1,480
Dec 2025020256.664.41$892
Nov 2025023058.593.93$903
Oct 2025028159.383.30$929
Sep 2025028662.743.08$880
Aug 2025030763.933.01$926
Jul 2025029066.743.32$961
Jun 2025029066.483.13$907
May 2025032960.553.23$1,063
Apr 2025033862.363.54$1,198
Mar 2025035967.704.27$1,532
Feb 2025041870.884.34$1,814
Jan 2025036274.324.28$1,549
Dec 2024039968.993.12$1,245
Nov 2024028769.052.20$631
Oct 2024040171.372.28$915
Sep 2024037669.612.36$889
Aug 2024038775.632.06$799
Jul 2024039579.932.15$848
Jun 2024037978.082.63$998
May 2024035278.812.20$774
Apr 2024037784.451.66$626
Mar 2024039680.301.55$612
Feb 2024044376.091.78$790
Jan 2024037373.023.30$1,230
Dec 2023039271.262.61$1,023
Nov 2023038177.892.81$1,070
Oct 2023033085.443.09$1,019
Sep 2023035189.042.74$960
Aug 2023035180.522.67$938
Jul 2023034574.852.64$911
Jun 2023033768.962.26$761
May 2023041070.622.23$913
Apr 2023037278.122.24$832
Mar 2023041072.852.39$981
Feb 2023034775.112.47$856
Jan 2023033176.533.39$1,121
Dec 2022047876.415.73$2,739
Nov 2022047285.005.65$2,665
Oct 2022040187.185.86$2,351
Sep 2022040084.888.16$3,265
Aug 2022033894.529.13$3,085
Jul 20220445101.587.54$3,356
Jun 20220468115.097.98$3,733
May 20220436109.378.43$3,677
Apr 20220520104.226.84$3,556
Mar 20220541108.885.08$2,746
Feb 2022046791.054.86$2,269
Jan 2022056981.844.54$2,582
Dec 2021061171.323.90$2,382
Nov 2021063177.435.24$3,304
Oct 2021060979.795.71$3,480
Sep 2021057369.865.35$3,066
Aug 2021065466.024.22$2,760
Jul 2021069670.783.98$2,772
Jun 2021060669.493.38$2,049
May 2021067563.483.02$2,037
Apr 2021062460.362.76$1,721
Mar 2021062961.302.72$1,709
Feb 2021048457.805.55$2,685
Jan 2021067350.412.81$1,891
Dec 2020058144.642.68$1,554
Nov 2020061038.772.71$1,651
Oct 2020051136.972.48$1,266
Sep 2020048037.091.99$956
Aug 2020051039.982.39$1,216
Jul 2020055538.371.83$1,013
Jun 2020056334.901.69$952
May 2020051116.921.81$927
Apr 2020056814.751.80$1,025
Mar 2020037430.341.86$694
Feb 2020035249.881.98$697
Jan 2020041557.252.09$869
Dec 2019036359.012.30$836
Nov 2019036755.302.75$1,010
Oct 2019038753.472.42$936
Sep 2019039355.052.66$1,044
Aug 2019037653.112.30$866
Jul 2019041056.272.46$1,009
Jun 2019036652.782.49$912
May 2019037358.482.74$1,022
Apr 2019039162.632.75$1,076
Mar 2019040756.803.06$1,246
Feb 2019038250.852.79$1,067
Jan 2019043646.033.23$1,407
Dec 2018045246.594.19$1,892
Nov 2018045152.934.24$1,911
Oct 2018044461.443.40$1,509
Sep 2018035659.543.11$1,106
Aug 2018044859.403.07$1,374
Jul 2018041865.142.93$1,226
Jun 2018044460.183.08$1,366
May 2018049365.382.90$1,430
Apr 2018046763.842.90$1,355
Mar 2018051661.222.79$1,438
Feb 2018048461.782.77$1,339
Jan 2018045362.874.01$1,816
Dec 2017049457.272.92$1,443
Nov 2017353155.423.12$1,822
Oct 2017353849.292.98$1,753
Sep 2017353647.523.09$1,797
Aug 2017333945.373.00$1,155
Jul 2017064643.873.09$1,994
Jun 2017382842.493.09$2,684
May 2017357245.373.26$2,003
Apr 2017359947.933.21$2,068
Mar 201721,38146.772.98$4,214
Feb 2017358550.452.95$1,879
Jan 2017551849.413.42$2,018
Dec 2016092648.763.72$3,447
Nov 2016271242.492.64$1,968
Oct 2016541746.193.09$1,520
Sep 2016243341.553.10$1,426
Aug 2016069041.442.92$2,018
Jul 2016243741.622.92$1,361
Jun 2016044745.352.69$1,201
May 2016043642.521.99$868
Apr 2016431936.561.99$781
Mar 2016037333.011.79$669
Feb 2016232026.472.06$713
Jan 2016227227.352.36$698
Dec 2015047432.362.00$949
Nov 2015062638.792.17$1,357
Oct 2015069643.552.43$1,689
Sep 2015084142.992.76$2,320
Aug 2015081740.162.87$2,347
Jul 2015057048.152.95$1,679
Jun 2015030656.152.88$882
May 2015463655.212.96$2,101
Apr 2015064249.822.71$1,738
Mar 2015068742.892.93$2,016
Feb 2015069544.662.98$2,068
Jan 2015046443.433.10$1,439
Dec 2014083054.693.59$2,981
Nov 2014071670.464.25$3,044
Oct 2014079178.303.90$3,086
Sep 2014069486.164.05$2,808
Aug 2014076089.394.04$3,067
Jul 2014074996.564.18$3,131
Jun 2014072098.164.74$3,411
May 2014379894.734.73$4,056
Apr 2014083095.944.81$3,992
Mar 2014483595.895.06$4,606
Feb 2014080197.406.19$4,960
Jan 2014297090.404.86$4,896
Dec 2013057091.824.35$2,482
Nov 2013076788.853.74$2,867
Oct 2013072997.423.78$2,755
Sep 20134991104.113.72$4,101
Aug 201301,133104.253.52$3,991
Jul 201301,143102.523.72$4,249
Jun 2013077894.403.93$3,060
May 2013091994.834.15$3,813
Apr 201301,00593.964.28$4,304
Mar 201301,08693.623.91$4,249
Feb 2013075791.233.42$2,589
Jan 201301,13391.603.42$3,875
Dec 201201,09386.773.42$3,738
Nov 201201,16586.953.62$4,223
Oct 201201,15089.383.40$3,910
Sep 201201,15994.672.92$3,382
Aug 201201,25692.662.91$3,653
Jul 201241,43085.133.02$4,660
Jun 201201,50479.822.52$3,789
May 201241,54891.612.49$4,218
Apr 201201,484101.652.00$2,963
Mar 201241,463105.052.22$3,671
Feb 201281,645101.102.57$5,037
Jan 201241,90098.092.73$5,587
Dec 201171,87996.873.24$6,766
Nov 201142,49095.723.31$8,628
Oct 201182,42084.983.65$9,509
Sep 201193,07583.623.99$13,009
Aug 20117083.404.15$584
Jul 201101,39094.144.52$6,279
Jun 20110092.904.64$0
May 201101,58398.134.40$6,973
Apr 201102,639105.964.33$11,436
Mar 201182,16296.364.06$9,543
Feb 201142,10985.644.18$9,158
Jan 2011112,38486.504.59$11,891
Dec 201072,52185.734.35$11,561
Nov 201072,36680.843.80$9,546
Oct 201072,48178.103.51$9,252
Sep 201072,37172.633.98$9,944
Aug 201082,69873.684.42$12,513
Jul 201042,67372.554.74$12,951
Jun 201082,44970.364.91$12,588
May 2010122,82571.124.24$12,818
Apr 2010153,01781.694.12$13,664
Mar 2010243,35778.394.39$16,614
Feb 2010162,95373.585.44$17,249
Jan 2010163,34574.365.96$21,140
Dec 200983,30571.445.48$18,695
Nov 2009153,42674.593.75$13,971
Oct 200973,70372.544.11$15,728
Sep 2009193,93865.543.06$13,314
Aug 2009214,07567.423.22$14,531
Jul 200904,23861.133.46$14,683
Jun 2009224,32866.163.90$18,313
May 2009124,47554.743.93$18,225
Apr 2009124,47546.773.59$16,615
Mar 200905,02142.144.06$20,380
Feb 2009244,97732.814.63$23,846
Jan 2009146,12035.865.37$33,373
Dec 2008377,29837.105.98$44,994
Nov 2008255,32655.496.86$37,926
Oct 2008338,15275.246.92$58,911
Sep 2008419,490101.767.88$78,926
Aug 20083512,453114.228.48$109,637

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                  137 Mcf  × $  3.05 =       $417

────────────────────────────────────────────────────
Month total                                     $417

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/245162 is the state's own key, not one this site invented.