GALVAN RANCH J7

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 250197District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$906 k
May 2009 – May 2026
Value, last 12 filed months
$3 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 Gas112009-10-15194413
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
CondensateDisposition127 bbl$9,095
GasProduction239,046 Mcf$896,877
Total$905,972

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 28.0119, -99.7236. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01194, -99.72361 · 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
6,497 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 6,497 ft.

Completions filed
May 2009
1 of 1 wells

1 well

42-4794054026,497 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 2026081106.413.05$247
Apr 202607098.932.87$201
Mar 2026017889.753.15$561
Feb 202605563.503.75$206
Jan 202605959.138.00$472
Dec 202506256.664.41$274
Nov 202504258.593.93$165
Oct 202505559.383.30$182
Sep 202506562.743.08$200
Aug 202506563.933.01$196
Jul 202505666.743.32$186
Jun 202505666.483.13$175
May 202505660.553.23$181
Apr 202505662.363.54$198
Mar 202506167.704.27$260
Feb 202506470.884.34$278
Jan 202504874.324.28$205
Dec 202404768.993.12$147
Nov 202407669.052.20$167
Oct 202407071.372.28$160
Sep 202406369.612.36$149
Aug 202406775.632.06$138
Jul 202406079.932.15$129
Jun 202406878.082.63$179
May 202405978.812.20$130
Apr 202405484.451.66$90
Mar 202407380.301.55$113
Feb 202407776.091.78$137
Jan 202407573.023.30$247
Dec 202306971.262.61$180
Nov 202307177.892.81$199
Oct 202306685.443.09$204
Sep 202307489.042.74$202
Aug 202307480.522.67$198
Jul 202308474.852.64$222
Jun 202307068.962.26$158
May 202308570.622.23$189
Apr 202307578.122.24$168
Mar 202308572.852.39$203
Feb 202308375.112.47$205
Jan 2023011076.533.39$373
Dec 202208776.415.73$498
Nov 202209285.005.65$519
Oct 202208387.185.86$487
Sep 202209084.888.16$735
Aug 202209094.529.13$821
Jul 2022092101.587.54$694
Jun 20220103115.097.98$822
May 2022098109.378.43$826
Apr 20220100104.226.84$684
Mar 20220124108.885.08$629
Feb 202209091.054.86$437
Jan 2022011681.844.54$526
Dec 2021010871.323.90$421
Nov 2021010777.435.24$560
Oct 2021011779.795.71$669
Sep 2021090269.865.35$4,827
Aug 2021094066.024.22$3,967
Jul 2021093770.783.98$3,731
Jun 2021090269.493.38$3,049
May 2021095263.483.02$2,873
Apr 202101,01360.362.76$2,794
Mar 202101,02161.302.72$2,774
Feb 2021079657.805.55$4,416
Jan 202101,01250.412.81$2,844
Dec 202001,05044.642.68$2,809
Nov 202001,21438.772.71$3,286
Oct 202001,03836.972.48$2,573
Sep 2020099037.091.99$1,971
Aug 2020079839.982.39$1,903
Jul 2020047238.371.83$861
Jun 2020040834.901.69$690
May 2020044816.921.81$813
Apr 2020046314.751.80$835
Mar 2020024630.341.86$457
Feb 2020023149.881.98$458
Jan 2020027257.252.09$570
Dec 2019023959.012.30$551
Nov 2019024155.302.75$663
Oct 2019025453.472.42$614
Sep 2019025855.052.66$686
Aug 2019024753.112.30$569
Jul 2019027056.272.46$664
Jun 2019024052.782.49$598
May 2019024558.482.74$671
Apr 2019025762.632.75$707
Mar 2019026756.803.06$818
Feb 2019025150.852.79$701
Jan 2019028746.033.23$926
Dec 2018029746.594.19$1,243
Nov 2018029652.934.24$1,254
Oct 2018029261.443.40$992
Sep 2018023459.543.11$727
Aug 2018029459.403.07$902
Jul 2018027465.142.93$803
Jun 2018029260.183.08$898
May 2018032465.382.90$940
Apr 2018030763.842.90$891
Mar 2018033961.222.79$945
Feb 2018031861.782.77$880
Jan 2018029762.874.01$1,191
Dec 2017232557.272.92$1,064
Nov 2017034955.423.12$1,088
Oct 2017037849.292.98$1,128
Sep 2017034947.523.09$1,077
Aug 2017042745.373.00$1,283
Jul 2017061243.873.09$1,889
Jun 2017064742.493.09$1,997
May 2017059345.373.26$1,935
Apr 2017050747.933.21$1,628
Mar 2017075646.772.98$2,256
Feb 2017064750.452.95$1,910
Jan 2017045349.413.42$1,549
Dec 2016026348.763.72$979
Nov 2016054642.492.64$1,444
Oct 2016128646.193.09$930
Sep 2016031941.553.10$989
Aug 2016165241.442.92$1,948
Jul 2016668441.622.92$2,250
Jun 2016083345.352.69$2,237
May 2016074842.521.99$1,489
Apr 2016069336.561.99$1,380
Mar 2016072633.011.79$1,302
Feb 2016059526.472.06$1,228
Jan 2016075027.352.36$1,773
Dec 2015676632.362.00$1,727
Nov 2015082538.792.17$1,788
Oct 2015092543.552.43$2,245
Sep 201501,04942.992.76$2,894
Aug 201501,00940.162.87$2,898
Jul 2015091948.152.95$2,707
Jun 2015084356.152.88$2,430
May 2015085755.212.96$2,533
Apr 2015687049.822.71$2,654
Mar 2015091442.892.93$2,682
Feb 201501,00444.662.98$2,988
Jan 2015072443.433.10$2,245
Dec 201431,02254.693.59$3,834
Nov 2014015870.464.25$672
Oct 2014017578.303.90$683
Sep 2014065286.164.05$2,638
Aug 2014070289.394.04$2,833
Jul 2014069696.564.18$2,909
Jun 2014566498.164.74$3,636
May 2014098694.734.73$4,660
Apr 2014096895.944.81$4,655
Mar 201451,07395.895.06$5,905
Feb 201401,02997.406.19$6,372
Jan 201401,18890.404.86$5,775
Dec 2013096891.824.35$4,215
Nov 201351,06788.853.74$4,433
Oct 201301,00697.423.78$3,802
Sep 201301,082104.113.72$4,023
Aug 201301,105104.253.52$3,892
Jul 201301,126102.523.72$4,186
Jun 201341,10294.403.93$4,712
May 201301,17494.834.15$4,871
Apr 201301,16793.964.28$4,998
Mar 201301,20393.623.91$4,707
Feb 201351,06491.233.42$4,095
Jan 201301,22291.603.42$4,179
Dec 201201,33186.773.42$4,552
Nov 201201,08986.953.62$3,948
Oct 201201,51989.383.40$5,164
Sep 201203,13794.672.92$9,155
Aug 201201,51192.662.91$4,394
Jul 201201,67385.133.02$5,054
Jun 201201,73779.822.52$4,376
May 201201,81491.612.49$4,514
Apr 201201,880101.652.00$3,754
Mar 201202,175105.052.22$4,833
Feb 201202,096101.102.57$5,387
Jan 201202,47098.092.73$6,753
Dec 201102,58796.873.24$8,381
Nov 201103,06795.723.31$10,156
Oct 201104,24484.983.65$15,484
Sep 201142,39383.623.99$9,873
Aug 2011086583.404.15$3,589
Jul 2011052194.144.52$2,353
Jun 2011091492.904.64$4,241
May 2011013798.134.40$603
Apr 20115641105.964.33$3,307
Mar 201102,48796.364.06$10,091
Feb 201172,24385.644.18$9,975
Jan 201102,79286.504.59$12,812
Dec 201002,46885.734.35$10,730
Nov 201003,04580.843.80$11,557
Oct 201003,02678.103.51$10,618
Sep 201003,03272.633.98$12,066
Aug 201003,40173.684.42$15,030
Jul 201003,73872.554.74$17,705
Jun 201083,93170.364.91$19,866
May 201004,50871.124.24$19,092
Apr 201004,73881.694.12$19,533
Mar 201005,57378.394.39$24,458
Feb 2010146,00973.585.44$33,733
Jan 201006,61274.365.96$39,435
Dec 200907,46571.445.48$40,936
Nov 2009108,36374.593.75$32,120
Oct 2009510,52672.544.11$43,627
Sep 2009108,16765.543.06$25,685
Aug 2009010,32267.423.22$33,221
Jul 20091511,54961.133.46$40,928
Jun 2009011,59666.163.90$45,166
May 200902,12654.743.93$8,346

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                   81 Mcf  × $  3.05 =       $247

────────────────────────────────────────────────────
Month total                                     $247

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/250197 is the state's own key, not one this site invented.