GALVAN RANCH N2

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 249419District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$757 k
Feb 2008 – May 2026
Value, last 12 filed months
$13 k
at the published price for each month
Months reported
220
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 Gas112009-07-31184188
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
CondensateDisposition160 bbl$10,960
GasProduction178,058 Mcf$745,563
Total$756,523

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 28.0441, -99.6788. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04412, -99.67882 · 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
6,700 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 6,700 ft.

Completions filed
Feb 2008
1 of 1 wells

1 well

42-4794000216,700 ftFeb 2008

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 (220)

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

220 months

May 20260173106.413.05$527
Apr 2026024498.932.87$700
Mar 2026030889.753.15$970
Feb 2026022163.503.75$829
Jan 2026023559.138.00$1,880
Dec 2025025556.664.41$1,125
Nov 2025029258.593.93$1,147
Oct 2025035659.383.30$1,177
Sep 2025022262.743.08$683
Aug 2025038963.933.01$1,173
Jul 2025036766.743.32$1,217
Jun 2025036766.483.13$1,148
May 2025018060.553.23$582
Apr 2025042962.363.54$1,520
Mar 2025045567.704.27$1,942
Feb 2025053070.884.34$2,301
Jan 2025045874.324.28$1,960
Dec 2024050668.993.12$1,579
Nov 2024036469.052.20$800
Oct 2024050771.372.28$1,157
Sep 2024047669.612.36$1,125
Aug 2024049075.632.06$1,011
Jul 2024050179.932.15$1,075
Jun 2024048078.082.63$1,264
May 2024044678.812.20$981
Apr 2024047784.451.66$791
Mar 2024050180.301.55$774
Feb 2024056276.091.78$1,002
Jan 2024047373.023.30$1,560
Dec 2023049671.262.61$1,295
Nov 2023048277.892.81$1,353
Oct 2023041885.443.09$1,290
Sep 2023044589.042.74$1,217
Aug 2023044580.522.67$1,189
Jul 2023043774.852.64$1,154
Jun 2023042768.962.26$964
May 2023051970.622.23$1,156
Apr 2023047278.122.24$1,056
Mar 2023051972.852.39$1,242
Feb 2023044075.112.47$1,085
Jan 2023042076.533.39$1,423
Dec 2022060576.415.73$3,466
Nov 2022059885.005.65$3,376
Oct 2022050887.185.86$2,979
Sep 2022050784.888.16$4,139
Aug 2022042894.529.13$3,906
Jul 20220564101.587.54$4,254
Jun 20220592115.097.98$4,723
May 20220552109.378.43$4,655
Apr 20220658104.226.84$4,499
Mar 20220686108.885.08$3,482
Feb 2022059191.054.86$2,872
Jan 2022072081.844.54$3,267
Dec 2021077471.323.90$3,018
Nov 2021080077.435.24$4,189
Oct 2021077279.795.71$4,411
Sep 2021074269.865.35$3,970
Aug 2021084866.024.22$3,579
Jul 2021090270.783.98$3,592
Jun 2021078669.493.38$2,657
May 2021087563.483.02$2,640
Apr 2021080860.362.76$2,229
Mar 2021081561.302.72$2,214
Feb 2021062857.805.55$3,484
Jan 2021085250.412.81$2,394
Dec 2020082344.642.68$2,202
Nov 2020072938.772.71$1,973
Oct 2020090536.972.48$2,243
Sep 2020086837.091.99$1,728
Aug 2020090839.982.39$2,166
Jul 2020091538.371.83$1,670
Jun 2020087334.901.69$1,476
May 2020089416.921.81$1,622
Apr 2020096214.751.80$1,736
Mar 2020050330.341.86$934
Feb 2020047449.881.98$939
Jan 2020055857.252.09$1,169
Dec 2019048959.012.30$1,127
Nov 2019049555.302.75$1,362
Oct 2019052153.472.42$1,260
Sep 2019052955.052.66$1,406
Aug 2019050653.112.30$1,166
Jul 2019055256.272.46$1,358
Jun 2019049352.782.49$1,228
May 2019050258.482.74$1,376
Apr 2019052662.632.75$1,447
Mar 2019054756.803.06$1,675
Feb 2019051550.852.79$1,438
Jan 2019058746.033.23$1,895
Dec 2018060946.594.19$2,549
Nov 2018060752.934.24$2,572
Oct 2018059761.443.40$2,029
Sep 2018047959.543.11$1,489
Aug 2018060359.403.07$1,849
Jul 2018056265.142.93$1,648
Jun 2018059860.183.08$1,840
May 2018066365.382.90$1,923
Apr 2018062863.842.90$1,822
Mar 2018069561.222.79$1,937
Feb 2018065261.782.77$1,804
Jan 2018061062.874.01$2,446
Dec 2017066657.272.92$1,946
Nov 2017371555.423.12$2,396
Oct 2017177549.292.98$2,362
Sep 2017168947.523.09$2,175
Aug 2017286945.373.00$2,702
Jul 2017088243.873.09$2,723
Jun 2017188542.493.09$2,775
May 2017192745.373.26$3,071
Apr 2017188947.933.21$2,903
Mar 2017093346.772.98$2,784
Feb 2017278150.452.95$2,407
Jan 2017652249.413.42$2,081
Dec 2016071848.763.72$2,673
Nov 2016071342.492.64$1,885
Oct 2016170146.193.09$2,212
Sep 2016075641.553.10$2,344
Aug 2016171341.442.92$2,126
Jul 2016483741.622.92$2,614
Jun 2016069245.352.69$1,859
May 2016091842.521.99$1,828
Apr 2016465536.561.99$1,450
Mar 2016074433.011.79$1,335
Feb 2016572126.472.06$1,620
Jan 2016076827.352.36$1,816
Dec 2015584932.362.00$1,861
Nov 2015086338.792.17$1,870
Oct 2015595943.552.43$2,545
Sep 2015082842.992.76$2,284
Aug 2015480540.162.87$2,473
Jul 2015078048.152.95$2,297
Jun 2015075756.152.88$2,182
May 2015345355.212.96$1,504
Apr 2015045749.822.71$1,237
Mar 2015563142.892.93$2,066
Feb 2015087544.662.98$2,604
Jan 2015574243.433.10$2,518
Dec 2014092154.693.59$3,308
Nov 2014591570.464.25$4,243
Oct 201401,01178.303.90$3,944
Sep 2014492686.164.05$4,091
Aug 2014096089.394.04$3,874
Jul 2014094796.564.18$3,958
Jun 2014490998.164.74$4,698
May 2014095994.734.73$4,533
Apr 2014391095.944.81$4,664
Mar 2014088495.895.06$4,470
Feb 2014384197.406.19$5,500
Jan 201401,20090.404.86$5,833
Dec 2013062491.824.35$2,717
Nov 2013083288.853.74$3,110
Oct 2013093697.423.78$3,537
Sep 20130977104.113.72$3,632
Aug 20130890104.253.52$3,135
Jul 20130938102.523.72$3,487
Jun 2013093194.403.93$3,662
May 201301,00294.834.15$4,157
Apr 201301,02093.964.28$4,368
Mar 201301,00793.623.91$3,940
Feb 2013093791.233.42$3,204
Jan 201301,00691.603.42$3,440
Dec 201201,07186.773.42$3,663
Nov 201201,04886.953.62$3,799
Oct 201201,09589.383.40$3,723
Sep 2012099194.672.92$2,892
Aug 201201,09592.662.91$3,184
Jul 201201,16785.133.02$3,525
Jun 201201,14779.822.52$2,889
May 201221,14391.612.49$3,027
Apr 201201,181101.652.00$2,358
Mar 201201,228105.052.22$2,729
Feb 201201,153101.102.57$2,963
Jan 201201,21398.092.73$3,316
Dec 2011095196.873.24$3,081
Nov 201141,18995.723.31$4,320
Oct 201101,40984.983.65$5,141
Sep 201102,59283.623.99$10,331
Aug 20110083.404.15$0
Jul 2011053094.144.52$2,394
Jun 2011013892.904.64$640
May 2011376698.134.40$3,668
Apr 20110699105.964.33$3,029
Mar 201141,15596.364.06$5,072
Feb 201101,06585.644.18$4,452
Jan 201121,22986.504.59$5,813
Dec 201021,22285.734.35$5,484
Nov 201001,17580.843.80$4,460
Oct 201021,18578.103.51$4,314
Sep 201001,15872.633.98$4,608
Aug 201021,21873.684.42$5,530
Jul 201021,26572.554.74$6,137
Jun 201001,23570.364.91$6,064
May 201061,24871.124.24$5,712
Apr 201021,83281.694.12$7,716
Mar 201031,21078.394.39$5,545
Feb 201031,14373.585.44$6,441
Jan 201021,18174.365.96$7,192
Dec 2009296471.445.48$5,429
Nov 2009143174.593.75$1,691
Oct 200931,14072.544.11$4,903
Sep 200921,37865.543.06$4,354
Aug 2009340567.423.22$1,506
Jul 200941,20361.133.46$4,412
Jun 200921,10666.163.90$4,440
May 200901,25654.743.93$4,931
Apr 200941,20046.773.59$4,492
Mar 200901,24642.144.06$5,058
Feb 200911,11432.814.63$5,194
Jan 200901,29235.865.37$6,939
Dec 200831,06137.105.98$6,453
Nov 200801,34155.496.86$9,200
Oct 200801,56175.246.92$10,805
Sep 200801,329101.767.88$10,469
Aug 200851,366114.228.48$12,159
Jul 200801,566131.0811.39$17,836
Jun 200801,541131.3313.03$20,083
May 2008102,375123.1711.57$28,721
Apr 200822,799110.3110.45$29,484
Mar 200802,284101.909.66$22,073
Feb 200801,45092.538.77$12,717

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                  173 Mcf  × $  3.05 =       $527

────────────────────────────────────────────────────
Month total                                     $527

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/249419 is the state's own key, not one this site invented.