GALVAN RANCH L4

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 248392District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Nov 2008 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
211
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 Gas112009-09-29194423
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
CondensateDisposition670 bbl$37,297
GasProduction515,050 Mcf$2,164,911
Total$2,202,207

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 28.0217, -99.7196. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02174, -99.71960 · 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
6,520 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 6,520 ft.

Completions filed
Nov 2009
1 of 1 wells

1 well

42-4794033126,520 ftNov 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 (211)

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

211 months

May 20260292106.413.05$889
Apr 2026025198.932.87$720
Mar 2026030989.753.15$973
Feb 2026019763.503.75$739
Jan 2026021359.138.00$1,704
Dec 2025022456.664.41$989
Nov 2025015458.593.93$605
Oct 2025019859.383.30$654
Sep 20250062.743.08$0
Aug 2025023463.933.01$705
Jul 2025018366.743.32$607
Jun 2025018366.483.13$573
May 20250060.553.23$0
Apr 2025020362.363.54$719
Mar 2025021867.704.27$930
Feb 2025023270.884.34$1,007
Jan 2025017274.324.28$736
Dec 2024017268.993.12$537
Nov 2024027369.052.20$600
Oct 2024025471.372.28$579
Sep 2024022869.612.36$539
Aug 2024024375.632.06$501
Jul 2024021979.932.15$470
Jun 2024024278.082.63$637
May 2024021278.812.20$466
Apr 2024019684.451.66$325
Mar 2024026580.301.55$409
Feb 2024027776.091.78$494
Jan 2024027073.023.30$890
Dec 2023024671.262.61$642
Nov 2023025877.892.81$724
Oct 2023023685.443.09$729
Sep 2023026889.042.74$733
Aug 2023026880.522.67$716
Jul 2023030174.852.64$795
Jun 2023025168.962.26$567
May 2023030670.622.23$682
Apr 2023027078.122.24$604
Mar 2023030672.852.39$732
Feb 2023029775.112.47$732
Jan 2023039776.533.39$1,345
Dec 2022031276.415.73$1,787
Nov 2022033185.005.65$1,869
Oct 2022029787.185.86$1,742
Sep 2022032384.888.16$2,637
Aug 2022032494.529.13$2,957
Jul 20220330101.587.54$2,489
Jun 20220373115.097.98$2,976
May 20220353109.378.43$2,977
Apr 20220360104.226.84$2,462
Mar 20220445108.885.08$2,259
Feb 2022032591.054.86$1,579
Jan 2022041681.844.54$1,888
Dec 2021039071.323.90$1,521
Nov 2021038577.435.24$2,016
Oct 2021042279.795.71$2,411
Sep 2021058069.865.35$3,104
Aug 2021060466.024.22$2,549
Jul 2021060270.783.98$2,397
Jun 2021058069.493.38$1,961
May 2021061263.483.02$1,847
Apr 2021065160.362.76$1,796
Mar 2021065661.302.72$1,782
Feb 2021051257.805.55$2,841
Jan 2021065550.412.81$1,841
Dec 2020068844.642.68$1,841
Nov 2020057938.772.71$1,567
Oct 2020071036.972.48$1,760
Sep 2020068637.091.99$1,366
Aug 2020073139.982.39$1,744
Jul 2020069338.371.83$1,265
Jun 2020065034.901.69$1,099
May 2020068016.921.81$1,234
Apr 2020063014.751.80$1,137
Mar 2020043230.341.86$802
Feb 2020040849.881.98$808
Jan 2020047957.252.09$1,003
Dec 2019042059.012.30$968
Nov 2019042455.302.75$1,166
Oct 2019044853.472.42$1,084
Sep 2019045455.052.66$1,206
Aug 2019043453.112.30$1,000
Jul 2019047456.272.46$1,166
Jun 2019042352.782.49$1,054
May 2019043158.482.74$1,181
Apr 2019045262.632.75$1,243
Mar 2019047056.803.06$1,439
Feb 2019044250.852.79$1,234
Jan 2019050446.033.23$1,627
Dec 2018052346.594.19$2,189
Nov 2018052152.934.24$2,208
Oct 2018051361.443.40$1,743
Sep 2018041259.543.11$1,281
Aug 2018051859.403.07$1,588
Jul 2018048365.142.93$1,416
Jun 2018051460.183.08$1,582
May 2018057065.382.90$1,653
Apr 2018054063.842.90$1,566
Mar 2018059761.222.79$1,664
Feb 2018056061.782.77$1,549
Jan 2018052462.874.01$2,101
Dec 2017057257.272.92$1,671
Nov 2017561455.423.12$2,192
Oct 2017166649.292.98$2,036
Sep 2017166147.523.09$2,088
Aug 2017153545.373.00$1,653
Jul 2017063243.873.09$1,951
Jun 2017165442.493.09$2,062
May 2017178145.373.26$2,594
Apr 2017173147.933.21$2,396
Mar 2017084146.772.98$2,509
Feb 2017167750.452.95$2,049
Jan 2017176149.413.42$2,651
Dec 2016087548.763.72$3,257
Nov 2016094242.492.64$2,491
Oct 2016573746.193.09$2,508
Sep 2016057741.553.10$1,789
Aug 2016141441.442.92$1,252
Jul 2016050541.622.92$1,477
Jun 2016031045.352.69$833
May 2016336042.521.99$844
Apr 2016055936.561.99$1,113
Mar 2016054833.011.79$983
Feb 2016162126.472.06$1,308
Jan 2016123127.352.36$574
Dec 2015564132.362.00$1,445
Nov 2015073038.792.17$1,582
Oct 2015079643.552.43$1,932
Sep 201551,15742.992.76$3,406
Aug 201501,12940.162.87$3,243
Jul 2015084248.152.95$2,480
Jun 2015055556.152.88$1,600
May 201551,00855.212.96$3,255
Apr 201501,02449.822.71$2,772
Mar 201501,10142.892.93$3,231
Feb 201561,24144.662.98$3,961
Jan 2015091543.433.10$2,837
Dec 201401,31354.693.59$4,715
Nov 201401,29070.464.25$5,485
Oct 201461,42578.303.90$6,029
Sep 201461,32986.164.05$5,893
Aug 201401,62989.394.04$6,573
Jul 201401,61696.564.18$6,754
Jun 201401,54098.164.74$7,295
May 201401,26894.734.73$5,993
Apr 201451,27695.944.81$6,616
Mar 201431,51495.895.06$7,944
Feb 201401,44097.406.19$8,916
Jan 201401,56290.404.86$7,592
Dec 201301,00391.824.35$4,368
Nov 201301,11288.853.74$4,157
Oct 201301,50797.423.78$5,696
Sep 201301,706104.113.72$6,342
Aug 201302,938104.253.52$10,349
Jul 20130350102.523.72$1,301
Jun 20130094.403.93$0
May 201301,47594.834.15$6,120
Apr 201301,83393.964.28$7,850
Mar 201301,87993.623.91$7,352
Feb 201301,92591.233.42$6,583
Jan 201301,97591.603.42$6,754
Dec 201202,23486.773.42$7,641
Nov 201202,37786.953.62$8,617
Oct 201202,68189.383.40$9,115
Sep 2012091794.672.92$2,676
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20125091.612.49$458
Apr 201202,709101.652.00$5,409
Mar 201203,565105.052.22$7,922
Feb 201203,603101.102.57$9,261
Jan 201274,61598.092.73$13,304
Dec 201104,83896.873.24$15,674
Nov 201164,60195.723.31$15,810
Oct 201165,24684.983.65$19,650
Sep 201107,22183.623.99$28,781
Aug 201104,02283.404.15$16,689
Jul 20110094.144.52$0
Jun 201161,62292.904.64$8,083
May 20116098.134.40$589
Apr 201102,550105.964.33$11,050
Mar 201183,64196.364.06$15,544
Feb 201184,43185.644.18$19,207
Jan 2011194,63086.504.59$22,890
Dec 201006,19985.734.35$26,952
Nov 201005,83780.843.80$22,153
Oct 201006,04378.103.51$21,204
Sep 201087,11172.633.98$28,879
Aug 201006,17373.684.42$27,281
Jul 201087,27972.554.74$35,057
Jun 201007,67970.364.91$37,707
May 2010108,35771.124.24$36,105
Apr 201098,77581.694.12$36,912
Mar 2010118,97878.394.39$40,264
Feb 2010119,90873.585.44$54,732
Jan 20101310,81474.365.96$65,462
Dec 20092112,52071.445.48$70,157
Nov 2009813,53874.593.75$51,385
Oct 20092916,07572.544.11$68,176
Sep 20091718,56465.543.06$58,008
Aug 20091218,92267.423.22$61,710
Jul 20093413,23661.133.46$47,935
Jun 20091511,73766.163.90$46,708
May 20091614,67354.743.93$58,478
Apr 20092617,34446.773.59$63,438
Mar 20093816,65342.144.06$69,196
Feb 20098222,42032.814.63$106,562
Jan 20097431,09535.865.37$169,665
Dec 20088442,62337.105.98$257,880
Nov 200886,77355.496.86$46,909

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                  292 Mcf  × $  3.05 =       $889

────────────────────────────────────────────────────
Month total                                     $889

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/248392 is the state's own key, not one this site invented.