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 248557District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$899 k
Feb 2009 – May 2026
Value, last 12 filed months
$9 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 Gas112009-09-29194418
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
CondensateDisposition227 bbl$14,818
GasProduction234,172 Mcf$884,362
Total$899,180

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 28.0095, -99.7193. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.00952, -99.71930 · 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
6,500 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 6,500 ft.

Completions filed
Mar 2009
1 of 1 wells

1 well

42-4794045736,500 ftMar 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 20260276106.413.05$841
Apr 2026023798.932.87$680
Mar 2026022689.753.15$712
Feb 2026018663.503.75$698
Jan 2026020159.138.00$1,608
Dec 2025021256.664.41$936
Nov 2025014558.593.93$569
Oct 2025018759.383.30$618
Sep 2025029062.743.08$892
Aug 2025022163.933.01$666
Jul 2025017366.743.32$574
Jun 2025017366.483.13$541
May 2025023460.553.23$756
Apr 2025019262.363.54$680
Mar 2025020667.704.27$879
Feb 2025021970.884.34$951
Jan 2025016274.324.28$693
Dec 2024016268.993.12$506
Nov 2024025869.052.20$567
Oct 2024024071.372.28$548
Sep 2024021569.612.36$508
Aug 2024022975.632.06$473
Jul 2024020679.932.15$442
Jun 2024022978.082.63$603
May 2024020078.812.20$440
Apr 2024018584.451.66$307
Mar 2024025080.301.55$386
Feb 2024026176.091.78$466
Jan 2024025573.023.30$841
Dec 2023023371.262.61$608
Nov 2023024477.892.81$685
Oct 2023022385.443.09$688
Sep 2023025389.042.74$692
Aug 2023025380.522.67$676
Jul 2023028474.852.64$750
Jun 2023023768.962.26$535
May 2023028970.622.23$644
Apr 2023025578.122.24$571
Mar 2023028972.852.39$692
Feb 2023028175.112.47$693
Jan 2023037576.533.39$1,270
Dec 2022029576.415.73$1,690
Nov 2022031285.005.65$1,762
Oct 2022028187.185.86$1,648
Sep 2022030584.888.16$2,490
Aug 2022030694.529.13$2,793
Jul 20220312101.587.54$2,353
Jun 20220352115.097.98$2,808
May 20220334109.378.43$2,817
Apr 20220340104.226.84$2,325
Mar 20220420108.885.08$2,132
Feb 2022030791.054.86$1,492
Jan 2022039381.844.54$1,783
Dec 2021036871.323.90$1,435
Nov 2021036477.435.24$1,906
Oct 2021039879.795.71$2,274
Sep 202102169.865.35$112
Aug 202102266.024.22$93
Jul 202102270.783.98$88
Jun 202102169.493.38$71
May 202102363.483.02$69
Apr 202102460.362.76$66
Mar 2021075461.302.72$2,049
Feb 202101957.805.55$105
Jan 202102450.412.81$67
Dec 202002644.642.68$70
Nov 202002238.772.71$60
Oct 202002736.972.48$67
Sep 202002637.091.99$52
Aug 202002739.982.39$64
Jul 202002638.371.83$47
Jun 202002434.901.69$41
May 202002616.921.81$47
Apr 2020034914.751.80$630
Mar 2020034230.341.86$635
Feb 2020032249.881.98$638
Jan 2020037957.252.09$794
Dec 2019033259.012.30$765
Nov 2019033555.302.75$921
Oct 2019035353.472.42$854
Sep 2019035955.052.66$954
Aug 2019034353.112.30$790
Jul 2019037556.272.46$923
Jun 2019033452.782.49$832
May 2019034058.482.74$932
Apr 2019035762.632.75$982
Mar 2019037156.803.06$1,136
Feb 2019034950.852.79$974
Jan 2019039946.033.23$1,288
Dec 2018041346.594.19$1,729
Nov 2018041252.934.24$1,746
Oct 2018040561.443.40$1,376
Sep 2018032559.543.11$1,010
Aug 2018040959.403.07$1,254
Jul 2018038265.142.93$1,120
Jun 2018040660.183.08$1,249
May 2018045065.382.90$1,305
Apr 2018042663.842.90$1,236
Mar 2018047261.222.79$1,315
Feb 2018044261.782.77$1,223
Jan 2018041462.874.01$1,660
Dec 2017045257.272.92$1,321
Nov 2017448555.423.12$1,734
Oct 2017152649.292.98$1,619
Sep 2017149247.523.09$1,566
Aug 2017156045.373.00$1,728
Jul 2017047243.873.09$1,457
Jun 2017139942.493.09$1,274
May 2017143945.373.26$1,478
Apr 2017129247.933.21$986
Mar 2017056046.772.98$1,671
Feb 2017166150.452.95$2,002
Jan 2017167349.413.42$2,350
Dec 2016069848.763.72$2,599
Nov 2016071942.492.64$1,901
Oct 2016445046.193.09$1,575
Sep 2016045141.553.10$1,398
Aug 2016140541.442.92$1,226
Jul 2016045741.622.92$1,336
Jun 2016072545.352.69$1,947
May 2016473542.521.99$1,633
Apr 2016063136.561.99$1,256
Mar 2016057633.011.79$1,033
Feb 2016558726.472.06$1,344
Jan 2016067427.352.36$1,594
Dec 2015377832.362.00$1,654
Nov 2015066238.792.17$1,435
Oct 2015072243.552.43$1,752
Sep 2015335842.992.76$1,116
Aug 2015034940.162.87$1,003
Jul 2015032048.152.95$942
Jun 2015029856.152.88$859
May 2015481755.212.96$2,635
Apr 2015083049.822.71$2,246
Mar 2015075542.892.93$2,216
Feb 2015489344.662.98$2,836
Jan 2015068343.433.10$2,118
Dec 2014085054.693.59$3,053
Nov 2014092970.464.25$3,950
Oct 201441,02678.303.90$4,316
Sep 2014493086.164.05$4,107
Aug 2014096689.394.04$3,898
Jul 2014095996.564.18$4,008
Jun 2014091398.164.74$4,325
May 2014097994.734.73$4,627
Apr 201431,00495.944.81$5,116
Mar 2014356995.895.06$3,165
Feb 2014035597.406.19$2,198
Jan 2014087590.404.86$4,253
Dec 2013091291.824.35$3,971
Nov 201301,00488.853.74$3,753
Oct 201301,07897.423.78$4,074
Sep 201301,117104.113.72$4,153
Aug 201301,166104.253.52$4,107
Jul 201301,297102.523.72$4,822
Jun 201301,19394.403.93$4,693
May 201301,62994.834.15$6,759
Apr 2013079393.964.28$3,396
Mar 201301,39393.623.91$5,451
Feb 201301,80491.233.42$6,170
Jan 201301,23391.603.42$4,217
Dec 201201,38786.773.42$4,744
Nov 201201,45286.953.62$5,263
Oct 201201,96689.383.40$6,684
Sep 201201,54294.672.92$4,500
Aug 201201,66792.662.91$4,848
Jul 201201,73785.133.02$5,247
Jun 201201,77479.822.52$4,469
May 201241,80991.612.49$4,868
Apr 201201,955101.652.00$3,904
Mar 201202,148105.052.22$4,773
Feb 201202,046101.102.57$5,259
Jan 201242,41698.092.73$6,998
Dec 201102,37996.873.24$7,707
Nov 201142,69395.723.31$9,300
Oct 201152,82784.983.65$10,739
Sep 201102,92383.623.99$11,650
Aug 201102,90883.404.15$12,066
Jul 20110094.144.52$0
Jun 201142,42292.904.64$11,609
May 2011414598.134.40$1,031
Apr 201101,563105.964.33$6,773
Mar 201142,09796.364.06$8,894
Feb 201142,30585.644.18$9,977
Jan 201192,62286.504.59$12,810
Dec 201002,80385.734.35$12,187
Nov 201002,82680.843.80$10,726
Oct 201003,16978.103.51$11,120
Sep 201033,54372.633.98$14,317
Aug 201002,73373.684.42$12,078
Jul 201032,91472.554.74$14,020
Jun 201003,24370.364.91$15,924
May 201043,49171.124.24$15,070
Apr 201043,51581.694.12$14,818
Mar 201044,17478.394.39$18,632
Feb 201043,80073.585.44$20,975
Jan 201054,04274.365.96$24,479
Dec 200974,50771.445.48$25,215
Nov 200934,29174.593.75$16,321
Oct 200984,84472.544.11$20,490
Sep 200955,00265.543.06$15,658
Aug 200955,75767.423.22$18,866
Jul 2009196,40261.133.46$23,341
Jun 200996,91566.163.90$27,529
May 2009108,62654.743.93$34,411
Apr 20092210,85346.773.59$39,964
Mar 20091517,66642.144.06$72,338
Feb 2009145332.814.63$2,132

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                  276 Mcf  × $  3.05 =       $841

────────────────────────────────────────────────────
Month total                                     $841

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/248557 is the state's own key, not one this site invented.