GALVAN RANCH K14

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 248280District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$868 k
Jan 2009 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
209
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 Gas112009-09-29194428
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
CondensateDisposition246 bbl$14,721
GasProduction221,212 Mcf$852,925
Total$867,646

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 28.0319, -99.7161. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03194, -99.71611 · 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
6,447 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 6,447 ft.

Completions filed
Jan 2009
1 of 1 wells

1 well

42-4794044516,447 ftJan 2009

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 (209)

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

209 months

May 20260130106.413.05$396
Apr 2026011198.932.87$319
Mar 2026012389.753.15$387
Feb 202608863.503.75$330
Jan 202609559.138.00$760
Dec 2025010056.664.41$441
Nov 202506858.593.93$267
Oct 202508859.383.30$291
Sep 20250062.743.08$0
Aug 2025010563.933.01$317
Jul 202508166.743.32$269
Jun 202508166.483.13$253
May 20250060.553.23$0
Apr 202509062.363.54$319
Mar 202509767.704.27$414
Feb 2025010370.884.34$447
Jan 202507674.324.28$325
Dec 202407768.993.12$240
Nov 2024012169.052.20$266
Oct 2024011371.372.28$258
Sep 2024010269.612.36$241
Aug 2024010875.632.06$223
Jul 202409879.932.15$210
Jun 2024010878.082.63$284
May 202409478.812.20$207
Apr 202408784.451.66$144
Mar 2024011780.301.55$181
Feb 2024012376.091.78$219
Jan 2024012073.023.30$396
Dec 2023010971.262.61$285
Nov 2023011577.892.81$323
Oct 2023010585.443.09$324
Sep 2023011989.042.74$325
Aug 2023011980.522.67$318
Jul 2023013374.852.64$351
Jun 2023011268.962.26$253
May 2023013670.622.23$303
Apr 2023012078.122.24$269
Mar 2023013672.852.39$325
Feb 2023013375.112.47$328
Jan 2023017676.533.39$596
Dec 2022013976.415.73$796
Nov 2022014785.005.65$830
Oct 2022013287.185.86$774
Sep 2022014484.888.16$1,176
Aug 2022014494.529.13$1,314
Jul 20220147101.587.54$1,109
Jun 20220165115.097.98$1,316
May 20220157109.378.43$1,324
Apr 20220160104.226.84$1,094
Mar 20220198108.885.08$1,005
Feb 2022014491.054.86$700
Jan 2022018581.844.54$839
Dec 2021017371.323.90$675
Nov 2021017177.435.24$896
Oct 2021018779.795.71$1,068
Sep 2021015069.865.35$803
Aug 2021015766.024.22$663
Jul 2021015670.783.98$621
Jun 2021015069.493.38$507
May 2021015963.483.02$480
Apr 2021016960.362.76$466
Mar 2021017061.302.72$462
Feb 2021013357.805.55$738
Jan 2021017050.412.81$478
Dec 2020017944.642.68$479
Nov 2020015038.772.71$406
Oct 2020018436.972.48$456
Sep 2020017837.091.99$354
Aug 2020019039.982.39$453
Jul 2020018038.371.83$329
Jun 2020016934.901.69$286
May 2020030216.921.81$548
Apr 2020028014.751.80$505
Mar 2020036830.341.86$683
Feb 2020034749.881.98$687
Jan 2020040857.252.09$855
Dec 2019035759.012.30$823
Nov 2019036155.302.75$993
Oct 2019038253.472.42$924
Sep 2019038755.052.66$1,028
Aug 2019037053.112.30$853
Jul 2019040456.272.46$994
Jun 2019036052.782.49$897
May 2019036758.482.74$1,006
Apr 2019038662.632.75$1,062
Mar 2019040056.803.06$1,225
Feb 2019037750.852.79$1,053
Jan 2019043046.033.23$1,388
Dec 2018044546.594.19$1,863
Nov 2018044352.934.24$1,877
Oct 2018043761.443.40$1,485
Sep 2018035159.543.11$1,091
Aug 2018044259.403.07$1,355
Jul 2018041265.142.93$1,208
Jun 2018043860.183.08$1,348
May 2018048565.382.90$1,407
Apr 2018045963.842.90$1,331
Mar 2018050861.222.79$1,416
Feb 2018047761.782.77$1,319
Jan 2018044662.874.01$1,788
Dec 2017048757.272.92$1,423
Nov 2017352455.423.12$1,800
Oct 2017039449.292.98$1,176
Sep 2017032147.523.09$991
Aug 2017029945.373.00$898
Jul 2017037443.873.09$1,155
Jun 2017047442.493.09$1,463
May 2017052345.373.26$1,707
Apr 2017055747.933.21$1,789
Mar 2017014246.772.98$424
Feb 2017168750.452.95$2,079
Jan 2017141749.413.42$1,475
Dec 2016045948.763.72$1,709
Nov 2016054142.492.64$1,431
Oct 2016455746.193.09$1,906
Sep 2016043641.553.10$1,352
Aug 2016150041.442.92$1,504
Jul 2016044141.622.92$1,290
Jun 2016052245.352.69$1,402
May 2016373842.521.99$1,597
Apr 2016077636.561.99$1,545
Mar 2016041633.011.79$746
Feb 2016254326.472.06$1,173
Jan 2016056127.352.36$1,326
Dec 2015573832.362.00$1,639
Nov 2015089938.792.17$1,948
Oct 2015098043.552.43$2,378
Sep 2015478742.992.76$2,343
Aug 2015076840.162.87$2,206
Jul 2015069848.152.95$2,056
Jun 2015064056.152.88$1,845
May 2015588955.212.96$2,903
Apr 2015090349.822.71$2,444
Mar 2015099042.892.93$2,905
Feb 201551,11144.662.98$3,530
Jan 2015081643.433.10$2,530
Dec 2014096354.693.59$3,458
Nov 2014093270.464.25$3,963
Oct 201441,03078.303.90$4,331
Sep 2014495986.164.05$4,224
Aug 201401,08789.394.04$4,386
Jul 201401,07996.564.18$4,510
Jun 201401,02898.164.74$4,870
May 201401,18794.734.73$5,610
Apr 2014392295.944.81$4,722
Mar 2014385795.895.06$4,621
Feb 2014085697.406.19$5,300
Jan 201401,13790.404.86$5,527
Dec 2013092891.824.35$4,041
Nov 2013061688.853.74$2,303
Oct 2013083797.423.78$3,163
Sep 20130868104.113.72$3,227
Aug 20130931104.253.52$3,280
Jul 201301,152102.523.72$4,283
Jun 201301,37094.403.93$5,389
May 2013023994.834.15$992
Apr 2013053193.964.28$2,274
Mar 201301,06093.623.91$4,148
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012019186.953.62$692
Oct 2012052289.383.40$1,775
Sep 2012071994.672.92$2,098
Aug 2012060992.662.91$1,771
Jul 201201,15685.133.02$3,492
Jun 201201,83779.822.52$4,627
May 201261,67891.612.49$4,725
Apr 201201,426101.652.00$2,847
Mar 201202,256105.052.22$5,013
Feb 201202,791101.102.57$7,174
Jan 201235,20698.092.73$14,528
Dec 201103,54896.873.24$11,495
Nov 20110095.723.31$0
Oct 20111084.983.65$85
Sep 2011033483.623.99$1,331
Aug 201101,70483.404.15$7,070
Jul 20110094.144.52$0
Jun 2011267392.904.64$3,308
May 20112298.134.40$205
Apr 201100105.964.33$0
Mar 201131,88596.364.06$7,937
Feb 201141,85985.644.18$8,113
Jan 201182,03886.504.59$10,044
Dec 201002,27985.734.35$9,909
Nov 201002,53880.843.80$9,633
Oct 201003,15078.103.51$11,053
Sep 201043,02972.633.98$12,344
Aug 201003,62373.684.42$16,011
Jul 201043,66872.554.74$17,664
Jun 201003,85570.364.91$18,930
May 201044,41071.124.24$18,962
Apr 201043,36581.694.12$14,200
Mar 201043,97078.394.39$17,737
Feb 201053,98973.585.44$22,077
Jan 201064,73074.365.96$28,656
Dec 200985,08671.445.48$28,462
Nov 200935,49574.593.75$20,838
Oct 200995,56272.544.11$23,514
Sep 200955,47365.543.06$17,101
Aug 200955,39367.423.22$17,694
Jul 2009185,90861.133.46$21,569
Jun 200986,71566.163.90$26,684
May 200987,28954.743.93$29,053
Apr 2009148,36646.773.59$30,668
Mar 20092210,63342.144.06$44,086
Feb 20093212,58132.814.63$59,338
Jan 200966,31135.865.37$34,112

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                  130 Mcf  × $  3.05 =       $396

────────────────────────────────────────────────────
Month total                                     $396

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/248280 is the state's own key, not one this site invented.