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 247691District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Oct 2008 – May 2026
Value, last 12 filed months
$1 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 Gas112009-06-16190488
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
CondensateDisposition825 bbl$53,199
GasProduction313,793 Mcf$1,231,022
Total$1,284,221

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 28.0399, -99.6521. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03993, -99.65210 · 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
6,860 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 6,860 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-4794027126,860 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 2026018106.413.05$55
Apr 202602598.932.87$72
Mar 202602889.753.15$88
Feb 202602363.503.75$86
Jan 202602559.138.00$200
Dec 202502756.664.41$119
Nov 202503158.593.93$122
Oct 202503759.383.30$122
Sep 20250062.743.08$0
Aug 202504163.933.01$124
Jul 202503966.743.32$129
Jun 202503966.483.13$122
May 20250060.553.23$0
Apr 202504562.363.54$159
Mar 202504867.704.27$205
Feb 202505670.884.34$243
Jan 202504874.324.28$205
Dec 202405368.993.12$165
Nov 202403869.052.20$84
Oct 202405371.372.28$121
Sep 202405069.612.36$118
Aug 202405275.632.06$107
Jul 202405379.932.15$114
Jun 202405178.082.63$134
May 202404778.812.20$103
Apr 202405084.451.66$83
Mar 202405380.301.55$82
Feb 202405976.091.78$105
Jan 202405073.023.30$165
Dec 202305271.262.61$136
Nov 202305177.892.81$143
Oct 202304485.443.09$136
Sep 202304789.042.74$129
Aug 202304780.522.67$126
Jul 202304674.852.64$122
Jun 202304568.962.26$102
May 202305570.622.23$123
Apr 202305078.122.24$112
Mar 202305572.852.39$132
Feb 202304775.112.47$116
Jan 202304476.533.39$149
Dec 202206476.415.73$367
Nov 202206385.005.65$356
Oct 202205487.185.86$317
Sep 202205384.888.16$433
Aug 202204594.529.13$411
Jul 2022059101.587.54$445
Jun 2022062115.097.98$495
May 2022058109.378.43$489
Apr 2022069104.226.84$472
Mar 2022072108.885.08$366
Feb 202206291.054.86$301
Jan 202207681.844.54$345
Dec 202108171.323.90$316
Nov 202108477.435.24$440
Oct 202108179.795.71$463
Sep 202104269.865.35$225
Aug 202104866.024.22$203
Jul 202105270.783.98$207
Jun 202104569.493.38$152
May 202105063.483.02$151
Apr 202104660.362.76$127
Mar 202104761.302.72$128
Feb 202103657.805.55$200
Jan 202105050.412.81$141
Dec 202004344.642.68$115
Nov 202004538.772.71$122
Oct 202005536.972.48$136
Sep 202007137.091.99$141
Aug 202007539.982.39$179
Jul 202008238.371.83$150
Jun 202008434.901.69$142
May 202007616.921.81$138
Apr 202008414.751.80$152
Mar 2020094730.341.86$1,758
Feb 2020089249.881.98$1,767
Jan 202001,05057.252.09$2,199
Dec 2019091959.012.30$2,118
Nov 2019092955.302.75$2,555
Oct 2019098053.472.42$2,370
Sep 2019099555.052.66$2,644
Aug 2019095153.112.30$2,191
Jul 201901,03956.272.46$2,556
Jun 2019092652.782.49$2,307
May 2019094458.482.74$2,587
Apr 2019099062.632.75$2,723
Mar 201901,02956.803.06$3,151
Feb 2019096850.852.79$2,703
Jan 201901,10546.033.23$3,567
Dec 201801,14546.594.19$4,792
Nov 201801,14152.934.24$4,835
Oct 201801,12461.443.40$3,819
Sep 2018090159.543.11$2,800
Aug 201801,13459.403.07$3,477
Jul 201801,05865.142.93$3,102
Jun 201801,12560.183.08$3,462
May 201801,24765.382.90$3,617
Apr 201801,18263.842.90$3,429
Mar 201801,30761.222.79$3,642
Feb 201801,22661.782.77$3,391
Jan 201801,14662.874.01$4,595
Dec 201701,25257.272.92$3,658
Nov 201791,34555.423.12$4,693
Oct 201791,36249.292.98$4,507
Sep 201791,16247.523.09$4,015
Aug 201791,21945.373.00$4,071
Jul 201701,25943.873.09$3,887
Jun 201791,09042.493.09$3,748
May 201791,00745.373.26$3,695
Apr 201791,16547.933.21$4,173
Mar 201771,20046.772.98$3,908
Feb 2017979850.452.95$2,810
Jan 20171675649.413.42$3,375
Dec 201601,38648.763.72$5,160
Nov 2016767742.492.64$2,088
Oct 2016151,04246.193.09$3,913
Sep 201671,01141.553.10$3,426
Aug 2016174341.442.92$2,214
Jul 2016772641.622.92$2,414
Jun 2016186845.352.69$2,377
May 201601,01142.521.99$2,013
Apr 2016141,09836.561.99$2,698
Mar 201601,13233.011.79$2,031
Feb 201671,05426.472.06$2,360
Jan 2016797427.352.36$2,494
Dec 201501,24832.362.00$2,498
Nov 201501,22138.792.17$2,646
Oct 201501,35843.552.43$3,295
Sep 201501,37442.992.76$3,790
Aug 201501,33640.162.87$3,838
Jul 201501,22148.152.95$3,596
Jun 201501,10356.152.88$3,180
May 201581,13555.212.96$3,796
Apr 201501,14649.822.71$3,102
Mar 201501,20842.892.93$3,545
Feb 201501,30144.662.98$3,872
Jan 2015092143.433.10$2,856
Dec 201401,22054.693.59$4,381
Nov 201401,32170.464.25$5,617
Oct 201401,46078.303.90$5,695
Sep 201401,38286.164.05$5,591
Aug 201401,42689.394.04$5,754
Jul 201401,40596.564.18$5,872
Jun 201401,35098.164.74$6,395
May 201471,39394.734.73$7,247
Apr 201401,42895.944.81$6,867
Mar 201451,43295.895.06$7,721
Feb 201401,28797.406.19$7,969
Jan 201451,05090.404.86$5,556
Dec 201301,40691.824.35$6,122
Nov 201301,20088.853.74$4,486
Oct 201301,43597.423.78$5,423
Sep 201371,511104.113.72$6,346
Aug 201301,590104.253.52$5,601
Jul 201301,650102.523.72$6,134
Jun 201301,54494.403.93$6,073
May 201301,67394.834.15$6,941
Apr 201301,75393.964.28$7,507
Mar 201301,90693.623.91$7,458
Feb 201301,26891.233.42$4,336
Jan 201301,84591.603.42$6,310
Dec 201201,87186.773.42$6,399
Nov 201201,86186.953.62$6,746
Oct 201201,94889.383.40$6,623
Sep 201201,96894.672.92$5,743
Aug 201202,26092.662.91$6,572
Jul 201262,40585.133.02$7,776
Jun 201202,43779.822.52$6,139
May 201272,52391.612.49$6,919
Apr 201202,890101.652.00$5,771
Mar 201251,949105.052.22$4,856
Feb 2012122,427101.102.57$7,451
Jan 201262,86398.092.73$8,416
Dec 2011122,98296.873.24$10,823
Nov 201163,63095.723.31$12,594
Oct 2011133,85284.983.65$15,159
Sep 201193,99383.623.99$16,668
Aug 20115083.404.15$417
Jul 2011083394.144.52$3,763
Jun 20110092.904.64$0
May 201102,24098.134.40$9,867
Apr 20110423105.964.33$1,833
Mar 2011112,90096.364.06$12,826
Feb 201152,94985.644.18$12,755
Jan 2011163,39086.504.59$16,940
Dec 2010103,56085.734.35$16,335
Nov 2010113,59480.843.80$14,530
Oct 2010113,80178.103.51$14,196
Sep 2010113,92272.633.98$16,406
Aug 2010134,38473.684.42$20,332
Jul 201074,51972.554.74$21,912
Jun 2010144,57470.364.91$23,445
May 2010314,79171.124.24$22,496
Apr 2010234,76681.694.12$21,528
Mar 2010364,92078.394.39$24,414
Feb 2010254,63873.585.44$27,081
Jan 2010265,12174.365.96$32,475
Dec 2009135,37171.445.48$30,382
Nov 2009235,47774.593.75$22,263
Oct 2009105,82972.544.11$24,684
Sep 2009285,85165.543.06$19,767
Aug 2009325,95467.423.22$21,320
Jul 200906,42261.133.46$22,249
Jun 2009346,78566.163.90$28,677
May 2009186,86554.743.93$27,936
Apr 2009176,78046.773.59$25,118
Mar 200907,48442.144.06$30,378
Feb 2009347,10232.814.63$34,019
Jan 2009208,62335.865.37$47,031
Dec 20084910,20537.105.98$62,815
Nov 2008186,48155.496.86$45,461
Oct 200854,40075.246.92$30,833

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                   18 Mcf  × $  3.05 =        $55

────────────────────────────────────────────────────
Month total                                      $55

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/247691 is the state's own key, not one this site invented.