GALVAN RANCH P12

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 247397District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Oct 2008 – May 2026
Value, last 12 filed months
$5 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 Gas112009-06-16190487
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
CondensateDisposition510 bbl$33,856
GasProduction243,497 Mcf$997,880
Total$1,031,736

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 28.0368, -99.6509. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03682, -99.65087 · 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
6,850 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 6,850 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-4794027236,850 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 2026064106.413.05$195
Apr 202609098.932.87$258
Mar 2026011289.753.15$353
Feb 202608263.503.75$308
Jan 202608659.138.00$688
Dec 202509456.664.41$415
Nov 2025010858.593.93$424
Oct 2025013159.383.30$433
Sep 2025023162.743.08$711
Aug 2025014363.933.01$431
Jul 2025013566.743.32$448
Jun 2025013566.483.13$422
May 2025026660.553.23$860
Apr 2025015862.363.54$560
Mar 2025016867.704.27$717
Feb 2025019570.884.34$846
Jan 2025016974.324.28$723
Dec 2024018668.993.12$581
Nov 2024013469.052.20$295
Oct 2024018771.372.28$427
Sep 2024017569.612.36$414
Aug 2024018175.632.06$374
Jul 2024018479.932.15$395
Jun 2024017778.082.63$466
May 2024016478.812.20$361
Apr 2024017684.451.66$292
Mar 2024018580.301.55$286
Feb 2024020776.091.78$369
Jan 2024017473.023.30$574
Dec 2023018371.262.61$478
Nov 2023017877.892.81$500
Oct 2023015485.443.09$475
Sep 2023016489.042.74$449
Aug 2023016480.522.67$438
Jul 2023016174.852.64$425
Jun 2023015768.962.26$355
May 2023019170.622.23$425
Apr 2023017478.122.24$389
Mar 2023019172.852.39$457
Feb 2023016275.112.47$399
Jan 2023015576.533.39$525
Dec 2022022376.415.73$1,278
Nov 2022022085.005.65$1,242
Oct 2022018787.185.86$1,097
Sep 2022018784.888.16$1,527
Aug 2022015894.529.13$1,442
Jul 20220208101.587.54$1,569
Jun 20220218115.097.98$1,739
May 20220203109.378.43$1,712
Apr 20220243104.226.84$1,662
Mar 20220253108.885.08$1,284
Feb 2022021791.054.86$1,054
Jan 2022026581.844.54$1,202
Dec 2021028571.323.90$1,111
Nov 2021029577.435.24$1,545
Oct 2021028479.795.71$1,623
Sep 2021025469.865.35$1,359
Aug 2021029166.024.22$1,228
Jul 2021030970.783.98$1,230
Jun 2021026969.493.38$909
May 2021030063.483.02$905
Apr 2021027760.362.76$764
Mar 2021027961.302.72$758
Feb 2021021557.805.55$1,193
Jan 2021029950.412.81$840
Dec 2020025944.642.68$693
Nov 2020027138.772.71$733
Oct 2020015936.972.48$394
Sep 202008937.091.99$177
Aug 202009439.982.39$224
Jul 2020010238.371.83$186
Jun 2020010434.901.69$176
May 202009516.921.81$172
Apr 2020010514.751.80$189
Mar 2020089930.341.86$1,669
Feb 2020084749.881.98$1,678
Jan 2020099757.252.09$2,088
Dec 2019087359.012.30$2,012
Nov 2019088355.302.75$2,429
Oct 2019093153.472.42$2,252
Sep 2019094455.052.66$2,508
Aug 2019090353.112.30$2,081
Jul 2019098656.272.46$2,426
Jun 2019088052.782.49$2,192
May 2019089658.482.74$2,455
Apr 2019094062.632.75$2,586
Mar 2019097856.803.06$2,995
Feb 2019091950.852.79$2,566
Jan 201901,04946.033.23$3,386
Dec 201801,08746.594.19$4,550
Nov 201801,08352.934.24$4,589
Oct 201801,06761.443.40$3,626
Sep 2018085659.543.11$2,660
Aug 201801,07759.403.07$3,303
Jul 201801,00465.142.93$2,944
Jun 201801,06860.183.08$3,286
May 201801,18565.382.90$3,437
Apr 201801,12263.842.90$3,255
Mar 201801,24161.222.79$3,458
Feb 201801,16461.782.77$3,220
Jan 201801,08962.874.01$4,366
Dec 201701,18957.272.92$3,474
Nov 201701,27855.423.12$3,985
Oct 201701,29449.292.98$3,861
Sep 201701,30847.523.09$4,038
Aug 201701,35045.373.00$4,056
Jul 201701,36043.873.09$4,199
Jun 201701,10042.493.09$3,396
May 2017076045.373.26$2,480
Apr 201701,02147.933.21$3,279
Mar 201701,29246.772.98$3,855
Feb 2017082450.452.95$2,433
Jan 2017082749.413.42$2,827
Dec 201601,05548.763.72$3,928
Nov 2016050942.492.64$1,346
Oct 2016039246.193.09$1,211
Sep 2016041341.553.10$1,281
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 2015014732.362.00$294
Nov 2015058038.792.17$1,257
Oct 2015064443.552.43$1,563
Sep 2015055942.992.76$1,542
Aug 2015054340.162.87$1,560
Jul 2015051348.152.95$1,511
Jun 2015048456.152.88$1,395
May 2015329855.212.96$1,046
Apr 2015030149.822.71$815
Mar 2015019742.892.93$578
Feb 2015015544.662.98$461
Jan 201507443.433.10$229
Dec 2014093054.693.59$3,340
Nov 2014087970.464.25$3,737
Oct 2014097278.303.90$3,792
Sep 2014019286.164.05$777
Aug 2014069789.394.04$2,812
Jul 2014068796.564.18$2,871
Jun 2014066098.164.74$3,126
May 2014343394.734.73$2,331
Apr 2014078495.944.81$3,770
Mar 2014378495.895.06$4,252
Feb 2014050897.406.19$3,146
Jan 2014395990.404.86$4,933
Dec 2013099791.824.35$4,341
Nov 2013093088.853.74$3,477
Oct 201301,04197.423.78$3,934
Sep 201351,051104.113.72$4,428
Aug 201301,103104.253.52$3,885
Jul 201301,171102.523.72$4,353
Jun 201301,12694.403.93$4,429
May 201301,20994.834.15$5,016
Apr 201301,22393.964.28$5,238
Mar 201301,35893.623.91$5,314
Feb 2013099591.233.42$3,403
Jan 201301,29891.603.42$4,439
Dec 201201,34586.773.42$4,600
Nov 201201,37986.953.62$4,999
Oct 201201,46289.383.40$4,970
Sep 201201,50694.672.92$4,395
Aug 201201,66392.662.91$4,836
Jul 201251,75685.133.02$5,730
Jun 201201,82079.822.52$4,585
May 201261,88991.612.49$5,250
Apr 201202,115101.652.00$4,223
Mar 201252,097105.052.22$5,185
Feb 2012112,161101.102.57$6,666
Jan 201252,53598.092.73$7,421
Dec 2011102,42696.873.24$8,828
Nov 201142,47395.723.31$8,572
Oct 201182,44284.983.65$9,590
Sep 201141,89883.623.99$7,900
Aug 201113783.404.15$237
Jul 2011080394.144.52$3,627
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 2011047105.964.33$204
Mar 201171,49196.364.06$6,724
Feb 201142,03285.644.18$8,836
Jan 2011112,37386.504.59$11,841
Dec 201062,53785.734.35$11,545
Nov 201071,77980.843.80$7,318
Oct 201072,71378.103.51$10,066
Sep 201072,43072.633.98$10,179
Aug 201092,72073.684.42$12,684
Jul 201043,46872.554.74$16,716
Jun 201082,33670.364.91$12,034
May 2010143,17271.124.24$14,430
Apr 2010163,24181.694.12$14,669
Mar 2010253,47478.394.39$17,206
Feb 2010173,13173.585.44$18,291
Jan 2010183,56774.365.96$22,612
Dec 200993,68571.445.48$20,851
Nov 2009153,62574.593.75$14,718
Oct 200963,57372.544.11$15,121
Sep 2009183,69265.543.06$12,495
Aug 2009213,76867.423.22$13,543
Jul 200904,46261.133.46$15,459
Jun 2009265,06566.163.90$21,448
May 2009145,41654.743.93$22,028
Apr 2009145,36346.773.59$19,895
Mar 200906,13142.144.06$24,886
Feb 2009295,89032.814.63$28,240
Jan 2009177,48535.865.37$40,812
Dec 2008649,05737.105.98$56,509
Nov 20083313,71955.496.86$95,948
Oct 200887,07875.246.92$49,596

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                   64 Mcf  × $  3.05 =       $195

────────────────────────────────────────────────────
Month total                                     $195

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/247397 is the state's own key, not one this site invented.