GALVAN RANCH J8

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 247308District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$625 k
Oct 2008 – May 2026
Value, last 12 filed months
$50
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 Gas112009-08-17190496
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
CondensateDisposition97 bbl$5,955
GasProduction154,401 Mcf$619,225
Total$625,179

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 28.0051, -99.7218. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.00511, -99.72178 · 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
6,555 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 6,555 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-4794021116,555 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 202601689.753.15$50
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 2023017375.112.47$427
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 2021012969.865.35$690
Aug 2021013466.024.22$566
Jul 2021013470.783.98$534
Jun 2021012969.493.38$436
May 2021013663.483.02$410
Apr 2021014560.362.76$400
Mar 2021014661.302.72$397
Feb 2021011457.805.55$632
Jan 2021014550.412.81$407
Dec 2020015044.642.68$401
Nov 2020017338.772.71$468
Oct 2020014836.972.48$367
Sep 2020014137.091.99$281
Aug 2020015639.982.39$372
Jul 2020019538.371.83$356
Jun 2020019134.901.69$323
May 2020021116.921.81$383
Apr 2020021814.751.80$393
Mar 2020026230.341.86$486
Feb 2020024749.881.98$489
Jan 2020029157.252.09$610
Dec 2019025559.012.30$588
Nov 2019025855.302.75$710
Oct 2019027153.472.42$655
Sep 2019027555.052.66$731
Aug 2019026353.112.30$606
Jul 2019028856.272.46$709
Jun 2019025752.782.49$640
May 2019026158.482.74$715
Apr 2019027462.632.75$754
Mar 2019028556.803.06$873
Feb 2019026850.852.79$748
Jan 2019030646.033.23$988
Dec 2018031746.594.19$1,327
Nov 2018031652.934.24$1,339
Oct 2018031161.443.40$1,057
Sep 2018025059.543.11$777
Aug 2018031459.403.07$963
Jul 2018029365.142.93$859
Jun 2018031260.183.08$960
May 2018034665.382.90$1,004
Apr 2018032763.842.90$949
Mar 2018036261.222.79$1,009
Feb 2018034061.782.77$940
Jan 2018031862.874.01$1,275
Dec 2017134757.272.92$1,071
Nov 2017037355.423.12$1,163
Oct 2017040449.292.98$1,205
Sep 2017027347.523.09$843
Aug 2017036245.373.00$1,088
Jul 2017055743.873.09$1,720
Jun 2017040342.493.09$1,244
May 2017053145.373.26$1,733
Apr 2017055547.933.21$1,782
Mar 2017066846.772.98$1,993
Feb 2017073650.452.95$2,173
Jan 2017078049.413.42$2,667
Dec 2016046448.763.72$1,727
Nov 2016054942.492.64$1,452
Oct 2016137746.193.09$1,211
Sep 2016027941.553.10$865
Aug 2016144941.442.92$1,354
Jul 2016454141.622.92$1,749
Jun 2016048245.352.69$1,295
May 2016043242.521.99$860
Apr 2016043736.561.99$870
Mar 2016037733.011.79$676
Feb 2016033326.472.06$687
Jan 2016044527.352.36$1,052
Dec 2015453532.362.00$1,200
Nov 2015057438.792.17$1,244
Oct 2015064443.552.43$1,563
Sep 2015067142.992.76$1,851
Aug 2015064540.162.87$1,853
Jul 2015060148.152.95$1,770
Jun 2015056856.152.88$1,637
May 2015064255.212.96$1,897
Apr 2015465249.822.71$1,964
Mar 2015072442.892.93$2,125
Feb 2015068344.662.98$2,033
Jan 2015042343.433.10$1,312
Dec 2014467154.693.59$2,629
Nov 2014068270.464.25$2,900
Oct 2014075478.303.90$2,941
Sep 2014065886.164.05$2,662
Aug 2014070789.394.04$2,853
Jul 2014070196.564.18$2,930
Jun 2014366998.164.74$3,463
May 2014074994.734.73$3,540
Apr 2014072995.944.81$3,506
Mar 2014366995.895.06$3,671
Feb 2014062797.406.19$3,882
Jan 2014075990.404.86$3,689
Dec 2013056591.824.35$2,460
Nov 2013481188.853.74$3,387
Oct 2013086397.423.78$3,262
Sep 20130859104.113.72$3,194
Aug 20130899104.253.52$3,167
Jul 20130971102.523.72$3,610
Jun 2013491094.403.93$3,957
May 201301,00194.834.15$4,153
Apr 201301,01393.964.28$4,338
Mar 201301,03693.623.91$4,054
Feb 2013493791.233.42$3,569
Jan 201301,07791.603.42$3,683
Dec 201201,17486.773.42$4,015
Nov 201201,02186.953.62$3,701
Oct 201201,21989.383.40$4,144
Sep 201201,15594.672.92$3,371
Aug 201201,15492.662.91$3,356
Jul 201201,38185.133.02$4,172
Jun 201201,42079.822.52$3,577
May 201201,44691.612.49$3,598
Apr 201201,514101.652.00$3,023
Mar 201201,685105.052.22$3,744
Feb 201201,557101.102.57$4,002
Jan 201201,71198.092.73$4,678
Dec 201101,90796.873.24$6,178
Nov 201102,11595.723.31$7,003
Oct 201102,78184.983.65$10,147
Sep 201132,70483.623.99$11,028
Aug 201101,43383.404.15$5,946
Jul 20110094.144.52$0
Jun 2011081192.904.64$3,763
May 201101698.134.40$70
Apr 20114527105.964.33$2,707
Mar 201102,04496.364.06$8,293
Feb 201141,98485.644.18$8,636
Jan 201102,30986.504.59$10,595
Dec 201002,48685.734.35$10,809
Nov 201002,55680.843.80$9,701
Oct 201001,69178.103.51$5,934
Sep 201001,92772.633.98$7,668
Aug 201002,20773.684.42$9,754
Jul 201002,20572.554.74$10,444
Jun 201042,20770.364.91$11,119
May 201002,30571.124.24$9,762
Apr 201002,37481.694.12$9,787
Mar 201002,63478.394.39$11,560
Feb 201052,73373.585.44$15,242
Jan 201002,81174.365.96$16,765
Dec 200902,84571.445.48$15,601
Nov 200922,51574.593.75$9,584
Oct 200912,37172.544.11$9,818
Sep 200911,93065.543.06$5,981
Aug 200901,81067.423.22$5,825
Jul 2009271361.133.46$2,592
Jun 2009043666.163.90$1,698
May 200921,49754.743.93$5,986
Apr 200973,21146.773.59$11,847
Mar 200933,84742.144.06$15,741
Feb 200973,65832.814.63$17,177
Jan 200984,80335.865.37$26,084
Dec 200875,81137.105.98$34,993
Nov 200807,06655.496.86$48,475
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                   16 Mcf  × $  3.15 =        $50

────────────────────────────────────────────────────
Month total                                      $50

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/247308 is the state's own key, not one this site invented.