GALVAN RANCH N9

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 248639District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$875 k
Mar 2009 – May 2026
Value, last 12 filed months
$3 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 Gas112009-09-29194417
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
CondensateDisposition321 bbl$22,419
GasProduction223,778 Mcf$852,612
Total$875,031

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 28.0325, -99.6656. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03250, -99.66556 · 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
6,876 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 6,876 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-4794035926,876 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 2026032106.413.05$97
Apr 202604598.932.87$129
Mar 202605389.753.15$167
Feb 202604163.503.75$154
Jan 202604359.138.00$344
Dec 202504756.664.41$207
Nov 202505458.593.93$212
Oct 202506659.383.30$218
Sep 2025035662.743.08$1,095
Aug 202507263.933.01$217
Jul 202506866.743.32$225
Jun 202506866.483.13$213
May 2025028860.553.23$931
Apr 202507962.363.54$280
Mar 202508467.704.27$359
Feb 202509870.884.34$425
Jan 202508474.324.28$359
Dec 202409368.993.12$290
Nov 202406769.052.20$147
Oct 202409371.372.28$212
Sep 202408869.612.36$208
Aug 202409075.632.06$186
Jul 202409279.932.15$197
Jun 202408878.082.63$232
May 202408278.812.20$180
Apr 202408884.451.66$146
Mar 202409280.301.55$142
Feb 2024010376.091.78$184
Jan 202408773.023.30$287
Dec 202309171.262.61$238
Nov 202308977.892.81$250
Oct 202307785.443.09$238
Sep 202308289.042.74$224
Aug 202308280.522.67$219
Jul 202308174.852.64$214
Jun 202307968.962.26$178
May 202309670.622.23$214
Apr 202308778.122.24$195
Mar 202309672.852.39$230
Feb 202308175.112.47$200
Jan 202307776.533.39$261
Dec 2022011276.415.73$642
Nov 2022011085.005.65$621
Oct 202209487.185.86$551
Sep 202209384.888.16$759
Aug 202207994.529.13$721
Jul 20220104101.587.54$784
Jun 20220109115.097.98$870
May 20220102109.378.43$860
Apr 20220121104.226.84$827
Mar 20220126108.885.08$640
Feb 2022010991.054.86$530
Jan 2022013381.844.54$604
Dec 2021014371.323.90$558
Nov 2021014777.435.24$770
Oct 2021014279.795.71$811
Sep 2021010669.865.35$567
Aug 2021012166.024.22$511
Jul 2021012970.783.98$514
Jun 2021011269.493.38$379
May 2021012563.483.02$377
Apr 2021011560.362.76$317
Mar 2021011661.302.72$315
Feb 202109057.805.55$499
Jan 2021012250.412.81$343
Dec 2020011744.642.68$313
Nov 2020010438.772.71$281
Oct 2020012936.972.48$320
Sep 2020012437.091.99$247
Aug 2020013039.982.39$310
Jul 2020013038.371.83$237
Jun 2020012534.901.69$211
May 2020012716.921.81$230
Apr 2020013714.751.80$247
Mar 2020024630.341.86$457
Feb 2020023249.881.98$460
Jan 2020027357.252.09$572
Dec 2019023959.012.30$551
Nov 2019024255.302.75$666
Oct 2019025553.472.42$617
Sep 2019025955.052.66$688
Aug 2019024753.112.30$569
Jul 2019027056.272.46$664
Jun 2019024152.782.49$600
May 2019024558.482.74$671
Apr 2019025762.632.75$707
Mar 2019026856.803.06$821
Feb 2019025250.852.79$704
Jan 2019028746.033.23$926
Dec 2018029846.594.19$1,247
Nov 2018029752.934.24$1,258
Oct 2018229261.443.40$1,115
Sep 2018023459.543.11$727
Aug 2018029559.403.07$905
Jul 2018027565.142.93$806
Jun 2018029360.183.08$902
May 2018032465.382.90$940
Apr 2018030763.842.90$891
Mar 2018034061.222.79$948
Feb 2018031961.782.77$882
Jan 2018029862.874.01$1,195
Dec 2017032657.272.92$952
Nov 2017035055.423.12$1,091
Oct 2017137949.292.98$1,180
Sep 2017143047.523.09$1,375
Aug 2017138545.373.00$1,202
Jul 2017029343.873.09$905
Jun 2017134342.493.09$1,101
May 2017137245.373.26$1,259
Apr 2017132447.933.21$1,088
Mar 2017039946.772.98$1,190
Feb 2017130850.452.95$960
Jan 2017339149.413.42$1,485
Dec 2016041848.763.72$1,556
Nov 2016035442.492.64$936
Oct 2016165146.193.09$2,058
Sep 2016045441.553.10$1,408
Aug 2016144141.442.92$1,331
Jul 2016258141.622.92$1,782
Jun 2016054845.352.69$1,472
May 2016053242.521.99$1,059
Apr 2016345536.561.99$1,016
Mar 2016047533.011.79$852
Feb 2016352126.472.06$1,155
Jan 2016050827.352.36$1,201
Dec 2015349532.362.00$1,088
Nov 2015049138.792.17$1,064
Oct 2015354543.552.43$1,453
Sep 2015070042.992.76$1,931
Aug 2015368040.162.87$2,074
Jul 2015062448.152.95$1,838
Jun 2015056656.152.88$1,632
May 2015356955.212.96$1,847
Apr 2015057549.822.71$1,556
Mar 2015366242.892.93$2,071
Feb 2015067844.662.98$2,018
Jan 2015345843.433.10$1,550
Dec 2014061654.693.59$2,212
Nov 2014368170.464.25$3,107
Oct 2014075278.303.90$2,934
Sep 2014261486.164.05$2,656
Aug 2014047189.394.04$1,901
Jul 2014046496.564.18$1,939
Jun 2014344598.164.74$2,402
May 2014076894.734.73$3,630
Apr 2014244895.944.81$2,346
Mar 2014056595.895.06$2,857
Feb 2014365997.406.19$4,373
Jan 2014095390.404.86$4,632
Dec 2013095591.824.35$4,159
Nov 201301,34588.853.74$5,028
Oct 201301,58697.423.78$5,994
Sep 20130600104.113.72$2,231
Aug 20130486104.253.52$1,712
Jul 20130543102.523.72$2,019
Jun 2013062094.403.93$2,439
May 2013081594.834.15$3,382
Apr 2013077393.964.28$3,310
Mar 2013068793.623.91$2,688
Feb 2013065291.233.42$2,230
Jan 201301,13791.603.42$3,888
Dec 2012097486.773.42$3,331
Nov 201201,22986.953.62$4,455
Oct 201201,22789.383.40$4,171
Sep 201201,04194.672.92$3,038
Aug 201201,23192.662.91$3,580
Jul 201201,51485.133.02$4,573
Jun 201201,88379.822.52$4,743
May 201241,88991.612.49$5,067
Apr 201202,016101.652.00$4,026
Mar 201202,089105.052.22$4,642
Feb 201201,934101.102.57$4,971
Jan 201202,18198.092.73$5,963
Dec 201102,22696.873.24$7,212
Nov 201172,42395.723.31$8,693
Oct 201102,45084.983.65$8,939
Sep 201103,27083.623.99$13,034
Aug 2011023883.404.15$988
Jul 201101,65394.144.52$7,467
Jun 20110092.904.64$0
May 201141,43998.134.40$6,731
Apr 20110898105.964.33$3,891
Mar 201192,55096.364.06$11,213
Feb 201102,43185.644.18$10,162
Jan 201152,84086.504.59$13,465
Dec 201053,02885.734.35$13,594
Nov 201003,05780.843.80$11,602
Oct 201063,15178.103.51$11,525
Sep 201013,37572.633.98$13,503
Aug 201073,89273.684.42$17,716
Jul 201074,39672.554.74$21,329
Jun 201004,69770.364.91$23,064
May 2010153,63271.124.24$16,449
Apr 201074,55181.694.12$19,334
Mar 2010154,82278.394.39$22,338
Feb 2010145,13773.585.44$28,988
Jan 2010135,97174.365.96$36,578
Dec 2009256,58371.445.48$37,886
Nov 2009107,24574.593.75$27,926
Oct 2009198,38672.544.11$35,847
Sep 2009159,13265.543.06$28,970
Aug 2009269,63267.423.22$32,754
Jul 2009268,59461.133.46$31,363
Jun 2009235,23966.163.90$21,928
May 2009013,88454.743.93$54,505
Apr 2009512,64846.773.59$45,609
Mar 200901,25742.144.06$5,102

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                   32 Mcf  × $  3.05 =        $97

────────────────────────────────────────────────────
Month total                                      $97

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/248639 is the state's own key, not one this site invented.