GALVAN RANCH J4

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 247303District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Nov 2008 – May 2026
Value, last 12 filed months
$12 k
at the published price for each month
Months reported
211
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 Gas112009-06-16190500
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
CondensateDisposition177 bbl$11,297
GasProduction310,628 Mcf$1,175,915
Total$1,187,212

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 28.0055, -99.7473. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.00552, -99.74731 · 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
6,525 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 6,525 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-4793995816,525 ftNov 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 (211)

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

211 months

May 20260357106.413.05$1,087
Apr 2026030798.932.87$881
Mar 2026040189.753.15$1,263
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 2023029775.112.47$732
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 2021090269.865.35$4,827
Aug 2021094066.024.22$3,967
Jul 2021093770.783.98$3,731
Jun 2021090269.493.38$3,049
May 2021095263.483.02$2,873
Apr 202101,01360.362.76$2,794
Mar 202101,02161.302.72$2,774
Feb 2021079657.805.55$4,416
Jan 202101,01250.412.81$2,844
Dec 202001,05044.642.68$2,809
Nov 202001,21438.772.71$3,286
Oct 202001,03836.972.48$2,573
Sep 2020099037.091.99$1,971
Aug 202001,09339.982.39$2,607
Jul 202001,16738.371.83$2,130
Jun 202001,00734.901.69$1,702
May 202001,10716.921.81$2,009
Apr 202001,14414.751.80$2,064
Mar 2020059330.341.86$1,101
Feb 2020055949.881.98$1,107
Jan 2020065757.252.09$1,376
Dec 2019057659.012.30$1,327
Nov 2019058255.302.75$1,601
Oct 2019061353.472.42$1,483
Sep 2019062355.052.66$1,655
Aug 2019059653.112.30$1,373
Jul 2019065156.272.46$1,602
Jun 2019058052.782.49$1,445
May 2019059158.482.74$1,620
Apr 2019062062.632.75$1,705
Mar 2019064556.803.06$1,975
Feb 2019060650.852.79$1,692
Jan 2019069246.033.23$2,234
Dec 2018071746.594.19$3,001
Nov 2018071552.934.24$3,030
Oct 2018070461.443.40$2,392
Sep 2018056559.543.11$1,756
Aug 2018071059.403.07$2,177
Jul 2018066265.142.93$1,941
Jun 2018070560.183.08$2,169
May 2018078165.382.90$2,266
Apr 2018074063.842.90$2,147
Mar 2018081961.222.79$2,282
Feb 2018076861.782.77$2,124
Jan 2018071862.874.01$2,879
Dec 2017078457.272.92$2,290
Nov 2017384355.423.12$2,795
Oct 2017091349.292.98$2,724
Sep 2017088747.523.09$2,738
Aug 201701,03445.373.00$3,107
Jul 201701,02743.873.09$3,171
Jun 2017089142.493.09$2,751
May 2017098545.373.26$3,214
Apr 201701,03947.933.21$3,337
Mar 2017098646.772.98$2,942
Feb 2017086050.452.95$2,539
Jan 2017092949.413.42$3,176
Dec 201601,13048.763.72$4,207
Nov 201601,56842.492.64$4,146
Oct 2016157746.193.09$1,829
Sep 201601,06741.553.10$3,308
Aug 201611,22541.442.92$3,624
Jul 201661,57441.622.92$4,853
Jun 201601,64845.352.69$4,426
May 201601,51542.521.99$3,016
Apr 201601,32236.561.99$2,632
Mar 2016070533.011.79$1,265
Feb 2016083126.472.06$1,715
Jan 2016043027.352.36$1,017
Dec 2015121,53632.362.00$3,462
Nov 201501,81238.792.17$3,927
Oct 201502,03943.552.43$4,948
Sep 201502,01242.992.76$5,550
Aug 201501,93240.162.87$5,550
Jul 201501,90948.152.95$5,622
Jun 201501,93756.152.88$5,584
May 201501,97655.212.96$5,840
Apr 201592,00949.822.71$5,886
Mar 201501,94342.892.93$5,702
Feb 201501,22444.662.98$3,643
Jan 2015032643.433.10$1,011
Dec 2014111,97854.693.59$7,705
Nov 201402,00970.464.25$8,542
Oct 201402,22078.303.90$8,660
Sep 201401,99286.164.05$8,059
Aug 201402,04489.394.04$8,248
Jul 201402,02796.564.18$8,472
Jun 201481,93398.164.74$9,942
May 201401,99894.734.73$9,444
Apr 201401,88095.944.81$9,041
Mar 201491,91495.895.06$10,542
Feb 201401,78597.406.19$11,053
Jan 201402,10590.404.86$10,232
Dec 201301,86991.824.35$8,139
Nov 201391,81888.853.74$7,596
Oct 201302,01197.423.78$7,600
Sep 201302,196104.113.72$8,164
Aug 201302,051104.253.52$7,225
Jul 201301,036102.523.72$3,852
Jun 201382,41194.403.93$10,239
May 201302,29994.834.15$9,539
Apr 201302,25693.964.28$9,662
Mar 201302,26493.623.91$8,859
Feb 201372,03091.233.42$7,581
Jan 201302,28491.603.42$7,811
Dec 201202,47886.773.42$8,475
Nov 201202,07986.953.62$7,536
Oct 201202,52489.383.40$8,581
Sep 201202,25394.672.92$6,575
Aug 201202,37592.662.91$6,907
Jul 201202,44185.133.02$7,374
Jun 201202,50379.822.52$6,305
May 201202,78691.612.49$6,932
Apr 201202,935101.652.00$5,861
Mar 201203,227105.052.22$7,171
Feb 201202,992101.102.57$7,690
Jan 201202,65998.092.73$7,270
Dec 201103,00496.873.24$9,732
Nov 201102,90795.723.31$9,626
Oct 201103,17784.983.65$11,591
Sep 2011114,44483.623.99$18,633
Aug 201101,47583.404.15$6,120
Jul 201102,21594.144.52$10,006
Jun 201101,15392.904.64$5,350
May 201103,85198.134.40$16,963
Apr 20116818105.964.33$4,180
Mar 201103,22496.364.06$13,081
Feb 201152,67585.644.18$11,610
Jan 201102,92986.504.59$13,441
Dec 201003,08585.734.35$13,413
Nov 201002,81680.843.80$10,688
Oct 201003,16978.103.51$11,120
Sep 201003,04172.633.98$12,102
Aug 201003,43273.684.42$15,167
Jul 201002,69472.554.74$12,760
Jun 201042,56570.364.91$12,877
May 201002,68371.124.24$11,363
Apr 201002,70881.694.12$11,164
Mar 201002,73778.394.39$12,012
Feb 201062,77073.585.44$15,517
Jan 201003,03474.365.96$18,095
Dec 200903,33271.445.48$18,272
Nov 200933,13774.593.75$11,992
Oct 200923,37172.544.11$14,001
Sep 200933,22365.543.06$10,074
Aug 200903,23167.423.22$10,399
Jul 200973,00161.133.46$10,825
Jun 200902,83666.163.90$11,046
May 200934,57954.743.93$18,140
Apr 2009104,60346.773.59$16,981
Mar 200945,44742.144.06$22,278
Feb 2009105,03132.814.63$23,637
Jan 2009168,02035.865.37$43,649
Dec 2008311,53337.105.98$69,046
Nov 200802,76155.496.86$18,941

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/247303 is the state's own key, not one this site invented.