GALVAN RANCH J7

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 247305District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.6 M
Oct 2008 – May 2026
Value, last 12 filed months
$44
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 Gas112009-08-17190497
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
CondensateDisposition273 bbl$16,852
GasProduction389,307 Mcf$1,622,527
Total$1,639,379

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 28.0136, -99.7289. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01361, -99.72889 · 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

42-4794020116,550 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202601489.753.15$44
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 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
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 2021010769.865.35$573
Aug 2021011266.024.22$473
Jul 2021011270.783.98$446
Jun 2021010769.493.38$362
May 2021011363.483.02$341
Apr 2021012160.362.76$334
Mar 2021012261.302.72$331
Feb 202109557.805.55$527
Jan 2021012050.412.81$337
Dec 2020012544.642.68$334
Nov 2020014438.772.71$390
Oct 2020012436.972.48$307
Sep 2020011837.091.99$235
Aug 2020045239.982.39$1,078
Jul 2020080638.371.83$1,471
Jun 2020069534.901.69$1,175
May 2020076416.921.81$1,386
Apr 2020079014.751.80$1,425
Mar 2020024630.341.86$457
Feb 2020023149.881.98$458
Jan 2020027257.252.09$570
Dec 2019023959.012.30$551
Nov 2019024155.302.75$663
Oct 2019025453.472.42$614
Sep 2019025855.052.66$686
Aug 2019024753.112.30$569
Jul 2019027056.272.46$664
Jun 2019024052.782.49$598
May 2019024558.482.74$671
Apr 2019025762.632.75$707
Mar 2019026756.803.06$818
Feb 2019025150.852.79$701
Jan 2019028746.033.23$926
Dec 2018029746.594.19$1,243
Nov 2018029652.934.24$1,254
Oct 2018029261.443.40$992
Sep 2018023459.543.11$727
Aug 2018029459.403.07$902
Jul 2018027465.142.93$803
Jun 2018029260.183.08$898
May 2018032465.382.90$940
Apr 2018030763.842.90$891
Mar 2018033961.222.79$945
Feb 2018031861.782.77$880
Jan 2018029762.874.01$1,191
Dec 2017132557.272.92$1,007
Nov 2017034955.423.12$1,088
Oct 2017037849.292.98$1,128
Sep 2017039747.523.09$1,226
Aug 2017030845.373.00$925
Jul 2017033443.873.09$1,031
Jun 2017035142.493.09$1,084
May 2017040745.373.26$1,328
Apr 2017023347.933.21$748
Mar 2017029346.772.98$874
Feb 2017045050.452.95$1,329
Jan 2017047149.413.42$1,610
Dec 2016025548.763.72$949
Nov 2016056842.492.64$1,502
Oct 2016139846.193.09$1,276
Sep 2016024941.553.10$772
Aug 2016137541.442.92$1,138
Jul 2016335941.622.92$1,175
Jun 2016049145.352.69$1,319
May 2016034442.521.99$685
Apr 2016043036.561.99$856
Mar 2016055233.011.79$990
Feb 2016036626.472.06$755
Jan 2016034827.352.36$823
Dec 2015344532.362.00$988
Nov 2015053038.792.17$1,149
Oct 2015059443.552.43$1,441
Sep 2015040042.992.76$1,103
Aug 2015038440.162.87$1,103
Jul 2015048148.152.95$1,417
Jun 2015059456.152.88$1,712
May 2015042555.212.96$1,256
Apr 2015443249.822.71$1,369
Mar 2015052742.892.93$1,547
Feb 201501,41244.662.98$4,202
Jan 2015020043.433.10$620
Dec 2014524954.693.59$1,168
Nov 2014059670.464.25$2,534
Oct 2014065878.303.90$2,567
Sep 2014078986.164.05$3,192
Aug 201401,62989.394.04$6,573
Jul 201401,61596.564.18$6,750
Jun 201471,54098.164.74$7,982
May 201401,31594.734.73$6,215
Apr 201401,75195.944.81$8,421
Mar 201481,30895.895.06$7,381
Feb 201401,67497.406.19$10,365
Jan 201401,59190.404.86$7,733
Dec 201302,02591.824.35$8,818
Nov 201381,57688.853.74$6,602
Oct 201301,29597.423.78$4,894
Sep 201302,466104.113.72$9,168
Aug 201301,673104.253.52$5,893
Jul 201302,178102.523.72$8,097
Jun 201392,10394.403.93$9,122
May 201302,27394.834.15$9,431
Apr 201302,30693.964.28$9,876
Mar 201302,32193.623.91$9,082
Feb 201382,12391.233.42$7,990
Jan 201302,42991.603.42$8,307
Dec 201202,70086.773.42$9,234
Nov 201202,27486.953.62$8,243
Oct 201202,77989.383.40$9,448
Sep 201202,73594.672.92$7,982
Aug 201202,80192.662.91$8,146
Jul 201202,22985.133.02$6,733
Jun 201203,08679.822.52$7,774
May 201203,22291.612.49$8,017
Apr 201203,186101.652.00$6,362
Mar 201203,685105.052.22$8,188
Feb 201203,578101.102.57$9,196
Jan 201204,37498.092.73$11,959
Dec 201103,92496.873.24$12,713
Nov 201104,45995.723.31$14,765
Oct 201107,03784.983.65$25,675
Sep 2011103,14283.623.99$13,360
Aug 2011058083.404.15$2,407
Jul 201102,88994.144.52$13,050
Jun 2011088492.904.64$4,102
May 201103,25098.134.40$14,316
Apr 20119816105.964.33$4,490
Mar 201104,22696.364.06$17,146
Feb 2011104,24785.644.18$18,609
Jan 201104,88486.504.59$22,412
Dec 201004,70085.734.35$20,434
Nov 201003,67780.843.80$13,955
Oct 201003,95178.103.51$13,864
Sep 201004,24772.633.98$16,901
Aug 201004,76673.684.42$21,063
Jul 201005,21572.554.74$24,701
Jun 2010105,18770.364.91$26,174
May 201005,81971.124.24$24,645
Apr 201006,09281.694.12$25,115
Mar 201006,91278.394.39$30,334
Feb 2010167,12473.585.44$39,949
Jan 201007,92874.365.96$47,283
Dec 200908,71471.445.48$47,785
Nov 2009119,15474.593.75$35,162
Oct 2009610,21972.544.11$42,438
Sep 20091110,75765.543.06$33,688
Aug 2009012,12467.423.22$39,021
Jul 20092311,37661.133.46$40,818
Jun 2009012,09166.163.90$47,094
May 2009913,71654.743.93$54,338
Apr 20092414,51346.773.59$53,188
Mar 2009910,59542.144.06$43,384
Feb 20092112,86732.814.63$60,302
Jan 20092614,14035.865.37$76,878
Dec 20082019,17737.105.98$115,366
Nov 2008019,91155.496.86$136,597
Oct 20080075.246.92$0

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                   14 Mcf  × $  3.15 =        $44

────────────────────────────────────────────────────
Month total                                      $44

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/247305 is the state's own key, not one this site invented.