GALVAN RANCH L11

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 248556District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$654 k
Feb 2009 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
208
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 Gas112009-09-29194420
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
CondensateDisposition175 bbl$10,922
GasProduction171,600 Mcf$642,808
Total$653,729

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 28.0112, -99.7152. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01124, -99.71516 · 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
6,475 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 6,475 ft.

Completions filed
Feb 2009
1 of 1 wells

1 well

42-4794045626,475 ftFeb 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 (208)

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

208 months

May 2026065106.413.05$198
Apr 202605698.932.87$161
Mar 202606389.753.15$198
Feb 202604463.503.75$165
Jan 202604759.138.00$376
Dec 202505056.664.41$221
Nov 202503458.593.93$134
Oct 202504459.383.30$145
Sep 202501,11262.743.08$3,422
Aug 202505263.933.01$157
Jul 202504166.743.32$136
Jun 202504166.483.13$128
May 2025090060.553.23$2,909
Apr 202504562.363.54$159
Mar 202504867.704.27$205
Feb 202505270.884.34$226
Jan 202503874.324.28$163
Dec 202403868.993.12$119
Nov 202406169.052.20$134
Oct 202405771.372.28$130
Sep 202405169.612.36$121
Aug 202405475.632.06$111
Jul 202404879.932.15$103
Jun 202405478.082.63$142
May 202404778.812.20$103
Apr 202404384.451.66$71
Mar 202405980.301.55$91
Feb 202406276.091.78$111
Jan 202406073.023.30$198
Dec 202305471.262.61$141
Nov 202305877.892.81$163
Oct 202305285.443.09$161
Sep 202306089.042.74$164
Aug 202306080.522.67$160
Jul 202306774.852.64$177
Jun 202305668.962.26$126
May 202306870.622.23$151
Apr 202306078.122.24$134
Mar 202306872.852.39$163
Feb 202306675.112.47$163
Jan 202308876.533.39$298
Dec 202206976.415.73$395
Nov 202207385.005.65$412
Oct 202206687.185.86$387
Sep 202207284.888.16$588
Aug 202207294.529.13$657
Jul 2022073101.587.54$551
Jun 2022082115.097.98$654
May 2022079109.378.43$666
Apr 2022080104.226.84$547
Mar 2022099108.885.08$503
Feb 202207291.054.86$350
Jan 202209281.844.54$417
Dec 202108771.323.90$339
Nov 202108677.435.24$450
Oct 202109479.795.71$537
Sep 202108669.865.35$460
Aug 202108966.024.22$376
Jul 202108970.783.98$354
Jun 202108669.493.38$291
May 202109163.483.02$275
Apr 202109760.362.76$268
Mar 202109761.302.72$264
Feb 202107657.805.55$422
Jan 202109750.412.81$273
Dec 2020010244.642.68$273
Nov 202008638.772.71$233
Oct 2020010536.972.48$260
Sep 2020010137.091.99$201
Aug 2020010939.982.39$260
Jul 2020010238.371.83$186
Jun 202009734.901.69$164
May 2020010116.921.81$183
Apr 2020048514.751.80$875
Mar 2020035330.341.86$655
Feb 2020033349.881.98$660
Jan 2020039157.252.09$819
Dec 2019034359.012.30$790
Nov 2019034755.302.75$954
Oct 2019036553.472.42$883
Sep 2019037155.052.66$986
Aug 2019035553.112.30$818
Jul 2019038756.272.46$952
Jun 2019034552.782.49$859
May 2019035258.482.74$965
Apr 2019036962.632.75$1,015
Mar 2019038456.803.06$1,176
Feb 2019036150.852.79$1,008
Jan 2019041246.033.23$1,330
Dec 2018042746.594.19$1,787
Nov 2018042552.934.24$1,801
Oct 2018041961.443.40$1,424
Sep 2018033659.543.11$1,044
Aug 2018042359.403.07$1,297
Jul 2018039465.142.93$1,155
Jun 2018042060.183.08$1,292
May 2018046565.382.90$1,349
Apr 2018044163.842.90$1,279
Mar 2018048761.222.79$1,357
Feb 2018045761.782.77$1,264
Jan 2018042762.874.01$1,712
Dec 2017046757.272.92$1,364
Nov 2017550255.423.12$1,843
Oct 2017154449.292.98$1,672
Sep 2017148147.523.09$1,533
Aug 2017157045.373.00$1,758
Jul 2017045543.873.09$1,405
Jun 2017138342.493.09$1,225
May 2017150245.373.26$1,684
Apr 2017133947.933.21$1,137
Mar 2017047346.772.98$1,411
Feb 2017136850.452.95$1,137
Jan 201714149.413.42$190
Dec 2016088748.763.72$3,302
Nov 2016092142.492.64$2,435
Oct 2016560046.193.09$2,085
Sep 2016044541.553.10$1,380
Aug 2016134141.442.92$1,039
Jul 2016046941.622.92$1,372
Jun 2016055245.352.69$1,483
May 2016463942.521.99$1,442
Apr 2016062236.561.99$1,238
Mar 2016057033.011.79$1,023
Feb 2016460926.472.06$1,363
Jan 2016062027.352.36$1,466
Dec 2015354532.362.00$1,188
Nov 2015047838.792.17$1,036
Oct 2015052243.552.43$1,267
Sep 2015364942.992.76$1,919
Aug 2015063340.162.87$1,818
Jul 2015069048.152.95$2,032
Jun 2015076856.152.88$2,214
May 2015239455.212.96$1,275
Apr 2015040049.822.71$1,083
Mar 2015048542.892.93$1,423
Feb 2015247344.662.98$1,497
Jan 2015030543.433.10$946
Dec 2014078854.693.59$2,830
Nov 2014076170.464.25$3,236
Oct 2014484178.303.90$3,594
Sep 2014383686.164.05$3,640
Aug 2014079789.394.04$3,216
Jul 2014079196.564.18$3,306
Jun 2014075498.164.74$3,572
May 2014096294.734.73$4,547
Apr 2014496895.944.81$5,039
Mar 2014384195.895.06$4,540
Feb 2014093197.406.19$5,765
Jan 201401,11590.404.86$5,420
Dec 2013078291.824.35$3,405
Nov 2013094688.853.74$3,536
Oct 2013068597.423.78$2,589
Sep 20130826104.113.72$3,071
Aug 20130890104.253.52$3,135
Jul 20130941102.523.72$3,498
Jun 2013085494.403.93$3,359
May 2013097894.834.15$4,058
Apr 2013096393.964.28$4,124
Mar 201301,02093.623.91$3,991
Feb 201301,08391.233.42$3,704
Jan 2013068991.603.42$2,356
Dec 201201,08486.773.42$3,707
Nov 201201,20786.953.62$4,375
Oct 2012091989.383.40$3,124
Sep 2012085394.672.92$2,489
Aug 2012086292.662.91$2,507
Jul 201201,01385.133.02$3,060
Jun 2012079079.822.52$1,990
May 201221,54191.612.49$4,018
Apr 201201,823101.652.00$3,640
Mar 201202,159105.052.22$4,797
Feb 201201,632101.102.57$4,195
Jan 2012192698.092.73$2,630
Dec 2011093196.873.24$3,016
Nov 2011195095.723.31$3,241
Oct 201131,68384.983.65$6,395
Sep 201102,00683.623.99$7,996
Aug 201101,98083.404.15$8,216
Jul 20110094.144.52$0
Jun 201131,92192.904.64$9,192
May 20112098.134.40$196
Apr 201101,121105.964.33$4,858
Mar 201121,17296.364.06$4,948
Feb 201121,11285.644.18$4,819
Jan 201151,05086.504.59$5,251
Dec 201001,59785.734.35$6,943
Nov 201002,00680.843.80$7,613
Oct 201003,06878.103.51$10,765
Sep 2010275272.633.98$3,138
Aug 201001,66973.684.42$7,376
Jul 201022,44372.554.74$11,716
Jun 201002,84870.364.91$13,985
May 201031,91171.124.24$8,307
Apr 201032,61581.694.12$11,026
Mar 201032,84878.394.39$12,734
Feb 201032,78273.585.44$15,361
Jan 201043,07974.365.96$18,661
Dec 200963,40471.445.48$19,095
Nov 200923,80474.593.75$14,420
Oct 200974,06072.544.11$17,195
Sep 200944,18965.543.06$13,100
Aug 200944,76567.423.22$15,606
Jul 2009155,31261.133.46$19,320
Jun 200965,53166.163.90$21,940
May 200976,06754.743.93$24,201
Apr 2009126,69646.773.59$24,583
Mar 2009129,39842.144.06$38,652
Feb 200984,23332.814.63$19,874

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                   65 Mcf  × $  3.05 =       $198

────────────────────────────────────────────────────
Month total                                     $198

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/248556 is the state's own key, not one this site invented.