GALVAN RANCH J12

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 247039District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$864 k
Oct 2008 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
212
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 Gas112009-06-16190492
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
CondensateDisposition144 bbl$8,617
GasProduction203,894 Mcf$855,604
Total$864,220

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 27.9950, -99.7392. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.99500, -99.73917 · 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
6,550 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 6,550 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-4794028516,550 ftOct 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 (212)

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

212 months

May 20260357106.413.05$1,087
Apr 2026030798.932.87$881
Mar 2026034389.753.15$1,080
Feb 2026024163.503.75$904
Jan 2026026059.138.00$2,079
Dec 2025027456.664.41$1,209
Nov 2025018858.593.93$738
Oct 2025024359.383.30$803
Sep 2025028762.743.08$883
Aug 2025028763.933.01$865
Jul 2025024866.743.32$822
Jun 2025024866.483.13$776
May 2025024860.553.23$802
Apr 2025024862.363.54$879
Mar 2025026667.704.27$1,135
Feb 2025028470.884.34$1,233
Jan 2025021074.324.28$899
Dec 2024021068.993.12$655
Nov 2024033469.052.20$734
Oct 2024031171.372.28$710
Sep 2024027869.612.36$657
Aug 2024029675.632.06$611
Jul 2024026879.932.15$575
Jun 2024029778.082.63$782
May 2024025978.812.20$569
Apr 2024023984.451.66$397
Mar 2024032380.301.55$499
Feb 2024033876.091.78$603
Jan 2024033073.023.30$1,088
Dec 2023030071.262.61$783
Nov 2023031577.892.81$884
Oct 2023028985.443.09$892
Sep 2023032789.042.74$894
Aug 2023032780.522.67$874
Jul 2023036874.852.64$972
Jun 2023030768.962.26$693
May 2023037570.622.23$835
Apr 2023032978.122.24$736
Mar 2023037572.852.39$897
Feb 2023036375.112.47$895
Jan 2023048576.533.39$1,643
Dec 2022038276.415.73$2,189
Nov 2022040485.005.65$2,281
Oct 2022036387.185.86$2,129
Sep 2022039584.888.16$3,225
Aug 2022039694.529.13$3,614
Jul 20220404101.587.54$3,047
Jun 20220455115.097.98$3,630
May 20220432109.378.43$3,643
Apr 20220440104.226.84$3,009
Mar 20220544108.885.08$2,762
Feb 2022039791.054.86$1,929
Jan 2022050981.844.54$2,310
Dec 2021047771.323.90$1,860
Nov 2021047077.435.24$2,461
Oct 2021051579.795.71$2,943
Sep 2021042969.865.35$2,296
Aug 2021044766.024.22$1,887
Jul 2021044670.783.98$1,776
Jun 2021042969.493.38$1,450
May 2021045363.483.02$1,367
Apr 2021048360.362.76$1,332
Mar 2021048661.302.72$1,320
Feb 2021037957.805.55$2,103
Jan 2021043350.412.81$1,217
Dec 2020045044.642.68$1,204
Nov 2020052038.772.71$1,407
Oct 2020044536.972.48$1,103
Sep 2020042437.091.99$844
Aug 2020043339.982.39$1,033
Jul 2020055638.371.83$1,015
Jun 2020048034.901.69$811
May 2020052716.921.81$956
Apr 2020054514.751.80$983
Mar 2020016930.341.86$314
Feb 2020015949.881.98$315
Jan 2020018757.252.09$392
Dec 2019016459.012.30$378
Nov 2019016655.302.75$457
Oct 2019017553.472.42$423
Sep 2019017755.052.66$470
Aug 2019017053.112.30$392
Jul 2019018556.272.46$455
Jun 2019016552.782.49$411
May 2019016858.482.74$460
Apr 2019017762.632.75$487
Mar 2019018456.803.06$563
Feb 2019017350.852.79$483
Jan 2019019746.033.23$636
Dec 2018020446.594.19$854
Nov 2018020352.934.24$860
Oct 2018020061.443.40$680
Sep 2018016159.543.11$500
Aug 2018020259.403.07$619
Jul 2018018965.142.93$554
Jun 2018020160.183.08$618
May 2018022265.382.90$644
Apr 2018021163.842.90$612
Mar 2018023361.222.79$649
Feb 2018021961.782.77$606
Jan 2018020462.874.01$818
Dec 2017122357.272.92$709
Nov 2017024055.423.12$748
Oct 2017026049.292.98$776
Sep 2017030547.523.09$942
Aug 2017034545.373.00$1,037
Jul 2017038743.873.09$1,195
Jun 2017036042.493.09$1,111
May 2017037645.373.26$1,227
Apr 2017035347.933.21$1,134
Mar 2017038646.772.98$1,152
Feb 2017038450.452.95$1,134
Jan 2017033449.413.42$1,142
Dec 2016050448.763.72$1,876
Nov 2016055442.492.64$1,465
Oct 2016024246.193.09$748
Sep 2016029241.553.10$905
Aug 2016038041.442.92$1,111
Jul 2016239941.622.92$1,250
Jun 2016038745.352.69$1,039
May 2016034542.521.99$687
Apr 2016044736.561.99$890
Mar 2016046633.011.79$836
Feb 2016021726.472.06$448
Jan 2016034627.352.36$818
Dec 2015351132.362.00$1,120
Nov 2015038938.792.17$843
Oct 2015043743.552.43$1,060
Sep 2015062642.992.76$1,727
Aug 2015060240.162.87$1,729
Jul 2015051148.152.95$1,505
Jun 2015042556.152.88$1,225
May 2015048955.212.96$1,445
Apr 2015349749.822.71$1,495
Mar 2015048542.892.93$1,423
Feb 2015054744.662.98$1,628
Jan 2015040443.433.10$1,253
Dec 2014449454.693.59$1,993
Nov 2014067470.464.25$2,866
Oct 2014074578.303.90$2,906
Sep 2014063186.164.05$2,553
Aug 2014072689.394.04$2,930
Jul 2014072096.564.18$3,009
Jun 2014368798.164.74$3,549
May 2014074794.734.73$3,531
Apr 2014071695.944.81$3,443
Mar 2014376195.895.06$4,136
Feb 2014066997.406.19$4,142
Jan 2014059590.404.86$2,892
Dec 2013062591.824.35$2,722
Nov 2013485288.853.74$3,540
Oct 2013079197.423.78$2,989
Sep 20130824104.113.72$3,063
Aug 20130824104.253.52$2,903
Jul 20130901102.523.72$3,350
Jun 2013383594.403.93$3,568
May 2013092894.834.15$3,850
Apr 2013093093.964.28$3,983
Mar 2013095893.623.91$3,749
Feb 2013486891.233.42$3,333
Jan 201301,00791.603.42$3,444
Dec 201201,10286.773.42$3,769
Nov 2012091986.953.62$3,331
Oct 201201,12689.383.40$3,828
Sep 201201,05394.672.92$3,073
Aug 201201,22992.662.91$3,574
Jul 201201,30085.133.02$3,927
Jun 201201,33079.822.52$3,350
May 201201,35691.612.49$3,374
Apr 201201,414101.652.00$2,823
Mar 201201,557105.052.22$3,460
Feb 201201,430101.102.57$3,675
Jan 201201,55698.092.73$4,254
Dec 201101,72096.873.24$5,572
Nov 201101,84695.723.31$6,113
Oct 201102,43884.983.65$8,895
Sep 201141,89183.623.99$7,872
Aug 2011083983.404.15$3,481
Jul 201103594.144.52$158
Jun 2011085292.904.64$3,953
May 201101,56198.134.40$6,876
Apr 20114397105.964.33$2,144
Mar 201101,61896.364.06$6,565
Feb 201141,72585.644.18$7,553
Jan 201101,79586.504.59$8,237
Dec 201001,86485.734.35$8,104
Nov 201001,83680.843.80$6,968
Oct 201001,65778.103.51$5,814
Sep 201001,96972.633.98$7,836
Aug 201002,52173.684.42$11,141
Jul 201002,73672.554.74$12,959
Jun 201042,71170.364.91$13,594
May 201002,86571.124.24$12,134
Apr 201002,84681.694.12$11,733
Mar 201002,96278.394.39$12,999
Feb 201062,86773.585.44$16,045
Jan 201003,14974.365.96$18,781
Dec 200903,35871.445.48$18,414
Nov 200943,41574.593.75$13,110
Oct 200923,66672.544.11$15,213
Sep 200943,63965.543.06$11,415
Aug 200904,00667.423.22$12,893
Jul 200984,31761.133.46$15,445
Jun 200904,32766.163.90$16,854
May 200934,63254.743.93$18,348
Apr 200994,56146.773.59$16,784
Mar 200935,13442.144.06$20,965
Feb 200984,78532.814.63$22,431
Jan 200996,02335.865.37$32,672
Dec 2008126,97337.105.98$42,124
Nov 2008308,18855.496.86$57,837
Oct 200809,64075.246.92$66,728

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                  357 Mcf  × $  3.05 =     $1,087

────────────────────────────────────────────────────
Month total                                   $1,087

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/247039 is the state's own key, not one this site invented.