GALVAN RANCH L5

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 251520District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Jun 2009 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
204
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 Gas112010-02-24196981
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
CondensateDisposition315 bbl$23,000
GasProduction351,567 Mcf$1,347,422
Total$1,370,422

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 28.0183, -99.7181. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01833, -99.71806 · 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
Jun 2009
1 of 1 wells

1 well

42-4794054326,497 ftJun 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 (204)

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

204 months

May 20260309106.413.05$941
Apr 2026026598.932.87$760
Mar 2026029689.753.15$932
Feb 2026020863.503.75$780
Jan 2026022559.138.00$1,800
Dec 2025023756.664.41$1,046
Nov 2025016358.593.93$640
Oct 2025020959.383.30$691
Sep 20250062.743.08$0
Aug 2025024763.933.01$745
Jul 2025019366.743.32$640
Jun 2025019366.483.13$604
May 20250060.553.23$0
Apr 2025021462.363.54$758
Mar 2025023067.704.27$982
Feb 2025024570.884.34$1,064
Jan 2025018174.324.28$774
Dec 2024018268.993.12$568
Nov 2024028869.052.20$633
Oct 2024026871.372.28$611
Sep 2024024069.612.36$567
Aug 2024025575.632.06$526
Jul 2024023279.932.15$498
Jun 2024025778.082.63$677
May 2024022478.812.20$492
Apr 2024020784.451.66$343
Mar 2024027980.301.55$431
Feb 2024029276.091.78$521
Jan 2024028573.023.30$940
Dec 2023026071.262.61$679
Nov 2023027377.892.81$766
Oct 2023024985.443.09$769
Sep 2023028389.042.74$774
Aug 2023028380.522.67$756
Jul 2023031874.852.64$840
Jun 2023026568.962.26$599
May 2023032370.622.23$719
Apr 2023028578.122.24$638
Mar 2023032372.852.39$773
Feb 2023031475.112.47$774
Jan 2023041976.533.39$1,419
Dec 2022032976.415.73$1,885
Nov 2022035085.005.65$1,976
Oct 2022031487.185.86$1,841
Sep 2022034184.888.16$2,784
Aug 2022034294.529.13$3,121
Jul 20220348101.587.54$2,625
Jun 20220392115.097.98$3,127
May 20220373109.378.43$3,146
Apr 20220380104.226.84$2,598
Mar 20220470108.885.08$2,386
Feb 2022034391.054.86$1,667
Jan 2022043981.844.54$1,992
Dec 2021041271.323.90$1,606
Nov 2021040677.435.24$2,126
Oct 2021044579.795.71$2,543
Sep 2021036569.865.35$1,953
Aug 2021038066.024.22$1,604
Jul 2021037970.783.98$1,509
Jun 2021036569.493.38$1,234
May 2021038563.483.02$1,162
Apr 2021041060.362.76$1,131
Mar 2021041361.302.72$1,122
Feb 2021032257.805.55$1,786
Jan 2021041250.412.81$1,158
Dec 2020043344.642.68$1,158
Nov 2020036438.772.71$985
Oct 2020044736.972.48$1,108
Sep 2020043337.091.99$862
Aug 2020046139.982.39$1,100
Jul 2020043638.371.83$796
Jun 2020040934.901.69$691
May 2020042816.921.81$777
Apr 2020039614.751.80$715
Mar 2020030230.341.86$561
Feb 2020028549.881.98$564
Jan 2020033557.252.09$702
Dec 2019029359.012.30$675
Nov 2019029655.302.75$814
Oct 2019031353.472.42$757
Sep 2019031755.052.66$842
Aug 2019030353.112.30$698
Jul 2019033156.272.46$814
Jun 2019029552.782.49$735
May 2019030158.482.74$825
Apr 2019031662.632.75$869
Mar 2019032856.803.06$1,004
Feb 2019030950.852.79$863
Jan 2019035246.033.23$1,136
Dec 2018036546.594.19$1,528
Nov 2018036452.934.24$1,542
Oct 2018035861.443.40$1,217
Sep 2018028759.543.11$892
Aug 2018036259.403.07$1,110
Jul 2018033765.142.93$988
Jun 2018035960.183.08$1,105
May 2018039865.382.90$1,155
Apr 2018037763.842.90$1,094
Mar 2018041761.222.79$1,162
Feb 2018039161.782.77$1,082
Jan 2018036662.874.01$1,467
Dec 2017039957.272.92$1,166
Nov 2017442955.423.12$1,559
Oct 2017146549.292.98$1,437
Sep 2017143547.523.09$1,390
Aug 2017155945.373.00$1,725
Jul 2017060143.873.09$1,855
Jun 2017153942.493.09$1,707
May 2017173145.373.26$2,431
Apr 2017157747.933.21$1,901
Mar 201701,07846.772.98$3,216
Feb 2017165450.452.95$1,981
Jan 2017179549.413.42$2,767
Dec 2016083548.763.72$3,109
Nov 201601,03442.492.64$2,734
Oct 2016571746.193.09$2,447
Sep 2016073241.553.10$2,270
Aug 2016172641.442.92$2,165
Jul 2016065441.622.92$1,913
Jun 2016046045.352.69$1,235
May 2016442442.521.99$1,014
Apr 2016049736.561.99$990
Mar 2016086633.011.79$1,554
Feb 2016566026.472.06$1,494
Jan 2016058827.352.36$1,390
Dec 2015378732.362.00$1,672
Nov 2015056338.792.17$1,220
Oct 2015061443.552.43$1,490
Sep 2015470342.992.76$2,111
Aug 2015068640.162.87$1,971
Jul 2015063148.152.95$1,858
Jun 2015058756.152.88$1,692
May 2015375455.212.96$2,394
Apr 2015076649.822.71$2,073
Mar 2015067842.892.93$1,990
Feb 2015359144.662.98$1,893
Jan 2015033243.433.10$1,029
Dec 201401,25954.693.59$4,522
Nov 201401,24470.464.25$5,289
Oct 201471,37578.303.90$5,912
Sep 201431,65886.164.05$6,966
Aug 2014087789.394.04$3,539
Jul 2014087196.564.18$3,640
Jun 2014082998.164.74$3,927
May 201401,24594.734.73$5,885
Apr 201451,36395.944.81$7,035
Mar 201451,40995.895.06$7,604
Feb 201401,36797.406.19$8,464
Jan 201401,36390.404.86$6,625
Dec 201301,53391.824.35$6,675
Nov 201301,46988.853.74$5,492
Oct 201301,70697.423.78$6,448
Sep 201301,477104.113.72$5,491
Aug 201301,742104.253.52$6,136
Jul 201301,645102.523.72$6,116
Jun 201301,21494.403.93$4,775
May 201301,87294.834.15$7,767
Apr 201301,99793.964.28$8,552
Mar 201301,97393.623.91$7,720
Feb 201301,95091.233.42$6,669
Jan 201301,94491.603.42$6,648
Dec 201202,18186.773.42$7,459
Nov 201202,37986.953.62$8,624
Oct 201202,47389.383.40$8,407
Sep 201202,33594.672.92$6,814
Aug 201202,78092.662.91$8,085
Jul 201202,90185.133.02$8,763
Jun 201203,06579.822.52$7,721
May 201273,20891.612.49$8,624
Apr 201203,540101.652.00$7,069
Mar 201203,936105.052.22$8,746
Feb 201203,736101.102.57$9,602
Jan 201284,47198.092.73$13,009
Dec 201105,15796.873.24$16,707
Nov 201185,69095.723.31$19,607
Oct 201153,97384.983.65$14,921
Sep 201106,57583.623.99$26,207
Aug 201101,14183.404.15$4,734
Jul 20110094.144.52$0
Jun 201162,22692.904.64$10,886
May 20116098.134.40$589
Apr 201102,506105.964.33$10,859
Mar 201183,57796.364.06$15,284
Feb 201184,25985.644.18$18,488
Jan 2011174,94386.504.59$24,153
Dec 201005,49685.734.35$23,895
Nov 201005,22380.843.80$19,823
Oct 201005,87878.103.51$20,625
Sep 201076,15672.633.98$25,006
Aug 201005,73473.684.42$25,341
Jul 201076,41572.554.74$30,892
Jun 201006,65270.364.91$32,664
May 201097,05371.124.24$30,511
Apr 201097,73881.694.12$32,637
Mar 2010108,76778.394.39$39,259
Feb 2010119,36573.585.44$51,777
Jan 20101410,99374.365.96$66,604
Dec 20091912,85171.445.48$71,829
Nov 2009711,26174.593.75$42,768
Oct 20092313,40272.544.11$56,754
Sep 20091714,37065.543.06$45,155
Aug 20091818,15867.423.22$59,655
Jul 20093022,37861.133.46$79,362
Jun 200916,09866.163.90$23,818

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                  309 Mcf  × $  3.05 =       $941

────────────────────────────────────────────────────
Month total                                     $941

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/251520 is the state's own key, not one this site invented.