GALVAN RANCH J5

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 250195District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
May 2009 – May 2026
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
205
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 Gas112009-10-15194416
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
CondensateDisposition202 bbl$14,342
GasProduction378,269 Mcf$1,392,994
Total$1,407,336

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 28.0086, -99.7400. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.00861, -99.74000 · 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
6,470 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 6,470 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-4794053826,470 ftMay 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 (205)

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

205 months

May 20260504106.413.05$1,535
Apr 2026043298.932.87$1,240
Mar 2026048989.753.15$1,540
Feb 2026033963.503.75$1,271
Jan 2026036759.138.00$2,935
Dec 2025038656.664.41$1,704
Nov 2025026558.593.93$1,041
Oct 2025034159.383.30$1,127
Sep 2025040462.743.08$1,243
Aug 2025040463.933.01$1,218
Jul 2025035066.743.32$1,160
Jun 2025035066.483.13$1,095
May 2025035060.553.23$1,131
Apr 2025035062.363.54$1,240
Mar 2025037567.704.27$1,601
Feb 2025040070.884.34$1,736
Jan 2025029674.324.28$1,266
Dec 2024029768.993.12$927
Nov 2024047069.052.20$1,033
Oct 2024043871.372.28$999
Sep 2024039269.612.36$927
Aug 2024041775.632.06$861
Jul 2024037879.932.15$811
Jun 2024041878.082.63$1,101
May 2024036578.812.20$802
Apr 2024033784.451.66$559
Mar 2024045680.301.55$705
Feb 2024047776.091.78$851
Jan 2024046573.023.30$1,533
Dec 2023042371.262.61$1,104
Nov 2023044477.892.81$1,247
Oct 2023040785.443.09$1,257
Sep 2023046189.042.74$1,261
Aug 2023046180.522.67$1,232
Jul 2023051974.852.64$1,371
Jun 2023043368.962.26$978
May 2023052870.622.23$1,176
Apr 2023046478.122.24$1,038
Mar 2023052872.852.39$1,264
Feb 2023051275.112.47$1,262
Jan 2023068376.533.39$2,314
Dec 2022053876.415.73$3,082
Nov 2022057085.005.65$3,218
Oct 2022051287.185.86$3,002
Sep 2022055684.888.16$4,539
Aug 2022055794.529.13$5,084
Jul 20220569101.587.54$4,291
Jun 20220641115.097.98$5,113
May 20220609109.378.43$5,136
Apr 20220620104.226.84$4,239
Mar 20220767108.885.08$3,894
Feb 2022056091.054.86$2,721
Jan 2022071781.844.54$3,254
Dec 2021067271.323.90$2,620
Nov 2021066377.435.24$3,472
Oct 2021072679.795.71$4,148
Sep 2021066569.865.35$3,558
Aug 2021069466.024.22$2,929
Jul 2021069170.783.98$2,752
Jun 2021066669.493.38$2,251
May 2021070263.483.02$2,118
Apr 2021074860.362.76$2,063
Mar 2021075461.302.72$2,049
Feb 2021058857.805.55$3,262
Jan 2021074650.412.81$2,096
Dec 2020077544.642.68$2,073
Nov 2020089738.772.71$2,428
Oct 2020076736.972.48$1,901
Sep 2020073137.091.99$1,455
Aug 2020080639.982.39$1,922
Jul 2020086238.371.83$1,573
Jun 2020074334.901.69$1,256
May 2020081716.921.81$1,483
Apr 2020084414.751.80$1,523
Mar 2020054930.341.86$1,019
Feb 2020051849.881.98$1,026
Jan 2020060957.252.09$1,276
Dec 2019053459.012.30$1,231
Nov 2019053955.302.75$1,483
Oct 2019056953.472.42$1,376
Sep 2019057755.052.66$1,533
Aug 2019055253.112.30$1,272
Jul 2019060356.272.46$1,483
Jun 2019053852.782.49$1,340
May 2019054858.482.74$1,502
Apr 2019057462.632.75$1,579
Mar 2019059756.803.06$1,828
Feb 2019056250.852.79$1,569
Jan 2019064146.033.23$2,069
Dec 2018066546.594.19$2,783
Nov 2018066252.934.24$2,805
Oct 2018065261.443.40$2,216
Sep 2018052359.543.11$1,625
Aug 2018065859.403.07$2,018
Jul 2018061465.142.93$1,800
Jun 2018065360.183.08$2,009
May 2018072465.382.90$2,100
Apr 2018068663.842.90$1,990
Mar 2018075961.222.79$2,115
Feb 2018071161.782.77$1,967
Jan 2018066562.874.01$2,666
Dec 2017572757.272.92$2,410
Nov 2017078155.423.12$2,435
Oct 2017084649.292.98$2,524
Sep 2017074747.523.09$2,306
Aug 2017099645.373.00$2,992
Jul 201701,18443.873.09$3,655
Jun 201701,21042.493.09$3,736
May 201701,20645.373.26$3,936
Apr 201701,20247.933.21$3,860
Mar 201701,15046.772.98$3,431
Feb 201701,16950.452.95$3,452
Jan 201711,23649.413.42$4,275
Dec 201601,45848.763.72$5,428
Nov 201601,88642.492.64$4,987
Oct 2016254846.193.09$1,786
Sep 2016083641.553.10$2,592
Aug 201621,22041.442.92$3,651
Jul 2016131,40841.622.92$4,659
Jun 201611,56745.352.69$4,254
May 201601,51142.521.99$3,008
Apr 201601,45836.561.99$2,903
Mar 201601,66033.011.79$2,978
Feb 201601,28026.472.06$2,641
Jan 201601,60227.352.36$3,788
Dec 2015111,70832.362.00$3,774
Nov 201501,82538.792.17$3,955
Oct 201502,04643.552.43$4,965
Sep 201501,84642.992.76$5,092
Aug 201501,77540.162.87$5,099
Jul 201501,69948.152.95$5,004
Jun 201501,65656.152.88$4,774
May 201501,85255.212.96$5,473
Apr 2015111,88049.822.71$5,636
Mar 201502,13342.892.93$6,260
Feb 201501,87344.662.98$5,574
Jan 201501,06343.433.10$3,296
Dec 2014101,32254.693.59$5,295
Nov 201401,94770.464.25$8,278
Oct 201402,15278.303.90$8,395
Sep 201401,83286.164.05$7,411
Aug 201402,07489.394.04$8,369
Jul 201402,05796.564.18$8,597
Jun 201491,96198.164.74$10,172
May 201402,15094.734.73$10,162
Apr 201402,04795.944.81$9,844
Mar 2014102,21795.895.06$12,170
Feb 201402,18797.406.19$13,542
Jan 201402,38390.404.86$11,583
Dec 201301,79791.824.35$7,825
Nov 2013102,24988.853.74$9,296
Oct 201301,84197.423.78$6,958
Sep 201302,645104.113.72$9,833
Aug 201301,720104.253.52$6,059
Jul 201302,369102.523.72$8,807
Jun 2013102,41794.403.93$10,451
May 201302,64194.834.15$10,958
Apr 201302,63093.964.28$11,263
Mar 201302,75193.623.91$10,764
Feb 201382,46291.233.42$9,150
Jan 201302,82191.603.42$9,648
Dec 201203,12486.773.42$10,685
Nov 201202,59586.953.62$9,407
Oct 201203,06689.383.40$10,423
Sep 201202,82394.672.92$8,239
Aug 201203,22692.662.91$9,382
Jul 201203,39485.133.02$10,253
Jun 201203,48879.822.52$8,786
May 201203,59191.612.49$8,936
Apr 201203,641101.652.00$7,270
Mar 201204,098105.052.22$9,106
Feb 201203,572101.102.57$9,181
Jan 201204,27698.092.73$11,691
Dec 201104,36596.873.24$14,141
Nov 201102,68995.723.31$8,904
Oct 201105,75384.983.65$20,990
Sep 2011116,08183.623.99$25,157
Aug 201101,31483.404.15$5,452
Jul 201102,09894.144.52$9,477
Jun 2011063792.904.64$2,956
May 201103,86998.134.40$17,042
Apr 20119728105.964.33$4,108
Mar 201104,37796.364.06$17,759
Feb 201193,85085.644.18$16,864
Jan 201104,27286.504.59$19,603
Dec 201004,78385.734.35$20,795
Nov 201003,98380.843.80$15,117
Oct 201004,18478.103.51$14,681
Sep 201004,19372.633.98$16,686
Aug 201004,83973.684.42$21,385
Jul 201004,88072.554.74$23,114
Jun 201084,91070.364.91$24,673
May 201005,17571.124.24$21,917
Apr 201005,22581.694.12$21,541
Mar 201005,42078.394.39$23,787
Feb 2010125,72573.585.44$32,040
Jan 201006,01474.365.96$35,868
Dec 200906,66871.445.48$36,566
Nov 200997,12674.593.75$27,405
Oct 200968,20572.544.11$34,160
Sep 2009129,03365.543.06$28,470
Aug 2009011,01467.423.22$35,449
Jul 20092315,14661.133.46$53,879
Jun 2009020,02466.163.90$77,993
May 200901,44954.743.93$5,688

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                  504 Mcf  × $  3.05 =     $1,535

────────────────────────────────────────────────────
Month total                                   $1,535

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/250195 is the state's own key, not one this site invented.