GALVAN K

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 248634District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.1 M
Mar 2009 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
207
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 Gas112009-09-29194412
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
CondensateDisposition418 bbl$29,052
GasProduction280,206 Mcf$1,058,650
Total$1,087,702

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 28.0265, -99.6726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02649, -99.67259 · 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
6,650 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 6,650 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-4794035746,650 ftApr 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 (207)

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

207 months

May 2026014106.413.05$43
Apr 202601998.932.87$55
Mar 202603989.753.15$123
Feb 202601763.503.75$64
Jan 202601959.138.00$152
Dec 202502056.664.41$88
Nov 202502358.593.93$90
Oct 202502859.383.30$93
Sep 2025014562.743.08$446
Aug 202503163.933.01$93
Jul 202502966.743.32$96
Jun 202502966.483.13$91
May 2025011760.553.23$378
Apr 202503462.363.54$120
Mar 202503667.704.27$154
Feb 202504270.884.34$182
Jan 202503674.324.28$154
Dec 202404068.993.12$125
Nov 202402969.052.20$64
Oct 202404071.372.28$91
Sep 202403869.612.36$90
Aug 202403975.632.06$80
Jul 202404079.932.15$86
Jun 202403878.082.63$100
May 202403578.812.20$77
Apr 202403884.451.66$63
Mar 202404080.301.55$62
Feb 202404476.091.78$78
Jan 202403773.023.30$122
Dec 202303971.262.61$102
Nov 202303877.892.81$107
Oct 202303385.443.09$102
Sep 202303589.042.74$96
Aug 202303580.522.67$94
Jul 202303574.852.64$92
Jun 202303468.962.26$77
May 202304170.622.23$91
Apr 202303778.122.24$83
Mar 202304172.852.39$98
Feb 202303475.112.47$84
Jan 202303376.533.39$112
Dec 202204876.415.73$275
Nov 202204785.005.65$265
Oct 202204087.185.86$235
Sep 202204084.888.16$327
Aug 202203494.529.13$310
Jul 2022044101.587.54$332
Jun 2022047115.097.98$375
May 2022044109.378.43$371
Apr 2022052104.226.84$356
Mar 2022054108.885.08$274
Feb 202204791.054.86$228
Jan 202205781.844.54$259
Dec 202106171.323.90$238
Nov 202106377.435.24$330
Oct 202106179.795.71$349
Sep 2021017069.865.35$910
Aug 2021019466.024.22$819
Jul 2021020670.783.98$820
Jun 2021018069.493.38$609
May 2021020063.483.02$604
Apr 2021018560.362.76$510
Mar 2021018661.302.72$505
Feb 2021014357.805.55$793
Jan 2021019450.412.81$545
Dec 2020018844.642.68$503
Nov 2020016738.772.71$452
Oct 2020020736.972.48$513
Sep 2020019837.091.99$394
Aug 2020020739.982.39$494
Jul 2020020938.371.83$381
Jun 2020020034.901.69$338
May 2020020516.921.81$372
Apr 2020022014.751.80$397
Mar 2020025830.341.86$479
Feb 2020024349.881.98$481
Jan 2020028657.252.09$599
Dec 2019025059.012.30$576
Nov 2019025355.302.75$696
Oct 2019026753.472.42$646
Sep 2019027155.052.66$720
Aug 2019025953.112.30$597
Jul 2019028356.272.46$696
Jun 2019025252.782.49$628
May 2019025758.482.74$704
Apr 2019027062.632.75$743
Mar 2019028056.803.06$857
Feb 2019026450.852.79$737
Jan 2019030146.033.23$972
Dec 2018031246.594.19$1,306
Nov 2018031152.934.24$1,318
Oct 2018030661.443.40$1,040
Sep 2018024559.543.11$761
Aug 2018030959.403.07$948
Jul 2018028865.142.93$844
Jun 2018030660.183.08$942
May 2018034065.382.90$986
Apr 2018032263.842.90$934
Mar 2018035661.222.79$992
Feb 2018033461.782.77$924
Jan 2018031262.874.01$1,251
Dec 2017034157.272.92$996
Nov 2017336655.423.12$1,308
Oct 2017239749.292.98$1,283
Sep 2017230347.523.09$1,030
Aug 2017244245.373.00$1,419
Jul 2017037243.873.09$1,148
Jun 2017233442.493.09$1,116
May 2017215645.373.26$600
Apr 2017237547.933.21$1,300
Mar 2017044746.772.98$1,334
Feb 2017224650.452.95$827
Jan 2017646549.413.42$1,886
Dec 2016046548.763.72$1,731
Nov 2016034442.492.64$910
Oct 2016134946.193.09$1,125
Sep 2016057941.553.10$1,795
Aug 2016140441.442.92$1,223
Jul 2016454841.622.92$1,769
Jun 2016039745.352.69$1,066
May 2016091542.521.99$1,822
Apr 2016481536.561.99$1,769
Mar 2016075833.011.79$1,360
Feb 2016476226.472.06$1,678
Jan 2016088827.352.36$2,100
Dec 2015590532.362.00$1,973
Nov 2015094738.792.17$2,052
Oct 201551,05243.552.43$2,771
Sep 2015057642.992.76$1,589
Aug 2015356140.162.87$1,732
Jul 2015060048.152.95$1,767
Jun 2015064556.152.88$1,859
May 2015458955.212.96$1,962
Apr 2015059549.822.71$1,610
Mar 201541,16042.892.93$3,576
Feb 2015079844.662.98$2,375
Jan 2015528343.433.10$1,095
Dec 201401,22754.693.59$4,407
Nov 201451,12570.464.25$5,136
Oct 201401,24278.303.90$4,845
Sep 2014581786.164.05$3,736
Aug 201401,22689.394.04$4,947
Jul 201401,21096.564.18$5,057
Jun 201451,16098.164.74$5,986
May 201401,26694.734.73$5,984
Apr 201451,47195.944.81$7,554
Mar 201401,04395.895.06$5,274
Feb 2014599997.406.19$6,673
Jan 201401,16890.404.86$5,677
Dec 2013097291.824.35$4,233
Nov 201301,14588.853.74$4,280
Oct 201301,20897.423.78$4,565
Sep 201301,212104.113.72$4,506
Aug 201301,483104.253.52$5,224
Jul 201301,460102.523.72$5,428
Jun 201301,55694.403.93$6,120
May 201301,68294.834.15$6,979
Apr 201301,49593.964.28$6,402
Mar 201301,43793.623.91$5,623
Feb 201301,58591.233.42$5,421
Jan 201301,44091.603.42$4,925
Dec 201201,84786.773.42$6,317
Nov 201201,69386.953.62$6,137
Oct 201202,07389.383.40$7,048
Sep 201201,91794.672.92$5,595
Aug 201202,18592.662.91$6,354
Jul 201202,56285.133.02$7,739
Jun 201202,68179.822.52$6,754
May 201282,80591.612.49$7,713
Apr 201203,153101.652.00$6,296
Mar 201203,426105.052.22$7,613
Feb 201203,791101.102.57$9,744
Jan 201202,91698.092.73$7,973
Dec 201104,18196.873.24$13,545
Nov 2011136,44995.723.31$22,599
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011082694.144.52$3,731
Jun 20110092.904.64$0
May 201162,50898.134.40$11,636
Apr 201101,224105.964.33$5,304
Mar 2011123,48396.364.06$15,288
Feb 201102,94985.644.18$12,327
Jan 201163,91086.504.59$18,461
Dec 201064,30985.734.35$19,249
Nov 201003,64780.843.80$13,842
Oct 201074,23478.103.51$15,403
Sep 201024,41372.633.98$17,707
Aug 201085,13073.684.42$23,261
Jul 201085,22272.554.74$25,314
Jun 201005,18470.364.91$25,456
May 2010185,71971.124.24$25,501
Apr 201085,56481.694.12$23,592
Mar 2010175,93578.394.39$27,379
Feb 2010165,81073.585.44$32,797
Jan 2010146,62374.365.96$40,541
Dec 2009287,22471.445.48$41,615
Nov 2009118,28274.593.75$31,890
Oct 2009239,26272.544.11$39,738
Sep 20091511,97365.543.06$37,677
Aug 2009212,33267.423.22$8,921
Jul 2009469,78961.133.46$36,726
Jun 20092813,01266.163.90$52,534
May 2009013,81454.743.93$54,230
Apr 2009921,83646.773.59$78,758
Mar 20090142.144.06$4

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                   14 Mcf  × $  3.05 =        $43

────────────────────────────────────────────────────
Month total                                      $43

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/248634 is the state's own key, not one this site invented.