GALVAN RANCH N12

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 247721District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Mar 2008 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
219
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 Gas112009-08-17184179
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
CondensateDisposition245 bbl$18,078
GasProduction220,206 Mcf$1,038,551
Total$1,056,629

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 28.0269, -99.6540. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02693, -99.65398 · 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
6,799 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 6,799 ft.

Completions filed
Mar 2008
1 of 1 wells

1 well

42-4794009516,799 ftMar 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 (219)

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

219 months

May 20260128106.413.05$390
Apr 2026018098.932.87$517
Mar 2026023989.753.15$753
Feb 2026016363.503.75$611
Jan 2026017359.138.00$1,384
Dec 2025018856.664.41$830
Nov 2025021558.593.93$844
Oct 2025026259.383.30$866
Sep 2025031162.743.08$957
Aug 2025028763.933.01$865
Jul 2025027066.743.32$895
Jun 2025027066.483.13$845
May 2025025260.553.23$815
Apr 2025031662.363.54$1,120
Mar 2025033567.704.27$1,430
Feb 2025039070.884.34$1,693
Jan 2025033874.324.28$1,446
Dec 2024037368.993.12$1,164
Nov 2024026869.052.20$589
Oct 2024037471.372.28$853
Sep 2024035169.612.36$830
Aug 2024036175.632.06$745
Jul 2024036979.932.15$792
Jun 2024035478.082.63$932
May 2024032978.812.20$723
Apr 2024035284.451.66$584
Mar 2024036980.301.55$570
Feb 2024041476.091.78$738
Jan 2024034973.023.30$1,151
Dec 2023036671.262.61$956
Nov 2023035577.892.81$997
Oct 2023030885.443.09$951
Sep 2023032889.042.74$897
Aug 2023032880.522.67$877
Jul 2023032274.852.64$851
Jun 2023031468.962.26$709
May 2023038370.622.23$853
Apr 2023034778.122.24$777
Mar 2023038372.852.39$917
Feb 2023032475.112.47$799
Jan 2023030976.533.39$1,047
Dec 2022044676.415.73$2,555
Nov 2022044185.005.65$2,490
Oct 2022037587.185.86$2,199
Sep 2022037484.888.16$3,053
Aug 2022031594.529.13$2,875
Jul 20220415101.587.54$3,130
Jun 20220437115.097.98$3,486
May 20220407109.378.43$3,432
Apr 20220485104.226.84$3,316
Mar 20220505108.885.08$2,564
Feb 2022043691.054.86$2,118
Jan 2022053181.844.54$2,410
Dec 2021057071.323.90$2,223
Nov 2021058977.435.24$3,085
Oct 2021056979.795.71$3,251
Sep 2021063669.865.35$3,403
Aug 2021072766.024.22$3,068
Jul 2021077370.783.98$3,078
Jun 2021067469.493.38$2,279
May 2021075063.483.02$2,263
Apr 2021069360.362.76$1,912
Mar 2021069861.302.72$1,896
Feb 2021053857.805.55$2,985
Jan 2021073050.412.81$2,052
Dec 2020070644.642.68$1,889
Nov 2020062538.772.71$1,692
Oct 2020077636.972.48$1,923
Sep 2020074437.091.99$1,481
Aug 2020077939.982.39$1,858
Jul 2020078338.371.83$1,429
Jun 2020074834.901.69$1,264
May 2020076716.921.81$1,392
Apr 2020082514.751.80$1,489
Mar 2020031130.341.86$577
Feb 2020029449.881.98$582
Jan 2020034557.252.09$723
Dec 2019030359.012.30$698
Nov 2019030555.302.75$839
Oct 2019032353.472.42$781
Sep 2019032755.052.66$869
Aug 2019031353.112.30$721
Jul 2019034256.272.46$841
Jun 2019030552.782.49$760
May 2019031158.482.74$852
Apr 2019032662.632.75$897
Mar 2019033956.803.06$1,038
Feb 2019031950.852.79$891
Jan 2019036346.033.23$1,172
Dec 2018037746.594.19$1,578
Nov 2018037552.934.24$1,589
Oct 2018337061.443.40$1,442
Sep 2018029759.543.11$923
Aug 2018037359.403.07$1,144
Jul 2018034865.142.93$1,020
Jun 2018037060.183.08$1,138
May 2018041065.382.90$1,189
Apr 2018038963.842.90$1,128
Mar 2018043061.222.79$1,198
Feb 2018040361.782.77$1,115
Jan 2018037762.874.01$1,512
Dec 2017041257.272.92$1,204
Nov 2017044355.423.12$1,381
Oct 2017248049.292.98$1,531
Sep 2017240847.523.09$1,355
Aug 2017232745.373.00$1,073
Jul 2017034143.873.09$1,053
Jun 2017239942.493.09$1,317
May 2017251245.373.26$1,762
Apr 2017237647.933.21$1,303
Mar 2017049046.772.98$1,462
Feb 2017255450.452.95$1,737
Jan 2017644849.413.42$1,828
Dec 2016033848.763.72$1,258
Nov 2016050142.492.64$1,325
Oct 2016160746.193.09$1,922
Sep 2016038141.553.10$1,181
Aug 2016131841.442.92$971
Jul 2016441641.622.92$1,383
Jun 2016053045.352.69$1,423
May 2016074842.521.99$1,489
Apr 2016476536.561.99$1,669
Mar 2016085033.011.79$1,525
Feb 2016478026.472.06$1,716
Jan 2016079127.352.36$1,870
Dec 201561,14932.362.00$2,494
Nov 2015099638.792.17$2,159
Oct 201561,10743.552.43$2,948
Sep 201501,23942.992.76$3,418
Aug 201571,20540.162.87$3,742
Jul 201501,14648.152.95$3,375
Jun 201501,08756.152.88$3,134
May 201561,13355.212.96$3,680
Apr 201501,14449.822.71$3,096
Mar 201571,32842.892.93$4,198
Feb 201501,33144.662.98$3,961
Jan 2015688043.433.10$2,989
Dec 201401,21254.693.59$4,353
Nov 201461,24170.464.25$5,699
Oct 201401,37178.303.90$5,348
Sep 201461,25386.164.05$5,586
Aug 201401,35089.394.04$5,447
Jul 201401,33396.564.18$5,571
Jun 201451,27898.164.74$6,545
May 201401,30594.734.73$6,168
Apr 201451,26795.944.81$6,573
Mar 201401,26295.895.06$6,382
Feb 201451,19897.406.19$7,905
Jan 201401,28490.404.86$6,241
Dec 201301,20191.824.35$5,230
Nov 201301,17488.853.74$4,389
Oct 201301,32297.423.78$4,996
Sep 201301,283104.113.72$4,770
Aug 201301,354104.253.52$4,770
Jul 201301,412102.523.72$5,249
Jun 201301,41494.403.93$5,562
May 201301,42294.834.15$5,900
Apr 201301,42193.964.28$6,086
Mar 201301,47493.623.91$5,768
Feb 201301,46791.233.42$5,017
Jan 201301,39291.603.42$4,761
Dec 201201,69086.773.42$5,780
Nov 201201,65086.953.62$5,981
Oct 201201,71289.383.40$5,820
Sep 201201,54594.672.92$4,509
Aug 201201,77592.662.91$5,162
Jul 201201,81185.133.02$5,471
Jun 201201,86179.822.52$4,688
May 201241,89491.612.49$5,079
Apr 201202,045101.652.00$4,083
Mar 201202,148105.052.22$4,773
Feb 201202,051101.102.57$5,272
Jan 201202,27398.092.73$6,215
Dec 201101,99996.873.24$6,476
Nov 201152,75095.723.31$9,585
Oct 201102,17784.983.65$7,943
Sep 201102,39783.623.99$9,554
Aug 20110083.404.15$0
Jul 2011079794.144.52$3,600
Jun 20110792.904.64$32
May 20111098.134.40$98
Apr 201100105.964.33$0
Mar 201161,55696.364.06$6,891
Feb 201101,59285.644.18$6,655
Jan 201131,79486.504.59$8,492
Dec 201031,91785.734.35$8,592
Nov 201001,76880.843.80$6,710
Oct 201031,82978.103.51$6,652
Sep 201011,77572.633.98$7,136
Aug 201031,99673.684.42$9,042
Jul 201031,94772.554.74$9,440
Jun 201001,94470.364.91$9,546
May 201061,93271.124.24$8,609
Apr 201032,00581.694.12$8,511
Mar 201062,09678.394.39$9,669
Feb 201051,87573.585.44$10,572
Jan 201042,10974.365.96$12,876
Dec 200982,20371.445.48$12,652
Nov 200932,28174.593.75$8,781
Oct 200952,42272.544.11$10,318
Sep 200932,31665.543.06$7,295
Aug 200921,38067.423.22$4,576
Jul 2009012161.133.46$419
Jun 200922566.163.90$230
May 200901,58554.743.93$6,222
Apr 200981,69246.773.59$6,444
Mar 200902,39042.144.06$9,701
Feb 200932,07932.814.63$9,730
Jan 200902,48335.865.37$13,336
Dec 200872,66537.105.98$16,189
Nov 200802,76055.496.86$18,935
Oct 200803,69375.246.92$25,563
Sep 200803,379101.767.88$26,617
Aug 2008143,592114.228.48$32,070
Jul 200804,332131.0811.39$49,339
Jun 200804,561131.3313.03$59,442
May 2008266,468123.1711.57$78,065
Apr 200867,553110.3110.45$79,627
Mar 200800101.909.66$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                  128 Mcf  × $  3.05 =       $390

────────────────────────────────────────────────────
Month total                                     $390

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/247721 is the state's own key, not one this site invented.