GALVAN B

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 251564District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$810 k
Jun 2009 – May 2026
Value, last 12 filed months
$7 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 Gas112010-02-24196979
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
CondensateDisposition196 bbl$13,803
GasProduction212,009 Mcf$796,457
Total$810,259

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 28.0056, -99.7119. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.00556, -99.71194 · 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
6,500 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 6,500 ft.

Completions filed
Jun 2009
1 of 1 wells

1 well

42-4794053036,500 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 20260211106.413.05$643
Apr 2026018198.932.87$519
Mar 2026022989.753.15$721
Feb 2026014263.503.75$533
Jan 2026015459.138.00$1,232
Dec 2025016256.664.41$715
Nov 2025011158.593.93$436
Oct 2025014359.383.30$473
Sep 20250062.743.08$0
Aug 2025016963.933.01$509
Jul 2025013266.743.32$438
Jun 2025013266.483.13$413
May 20250060.553.23$0
Apr 2025014762.363.54$521
Mar 2025015767.704.27$670
Feb 2025016870.884.34$729
Jan 2025012474.324.28$531
Dec 2024012468.993.12$387
Nov 2024019769.052.20$433
Oct 2024018371.372.28$418
Sep 2024016569.612.36$390
Aug 2024017575.632.06$361
Jul 2024015879.932.15$339
Jun 2024017678.082.63$464
May 2024015378.812.20$336
Apr 2024014184.451.66$234
Mar 2024019180.301.55$295
Feb 2024020076.091.78$357
Jan 2024019573.023.30$643
Dec 2023017771.262.61$462
Nov 2023018677.892.81$522
Oct 2023017185.443.09$528
Sep 2023019389.042.74$528
Aug 2023019380.522.67$516
Jul 2023021774.852.64$573
Jun 2023018168.962.26$409
May 2023022170.622.23$492
Apr 2023019578.122.24$436
Mar 2023022172.852.39$529
Feb 2023021475.112.47$528
Jan 2023028776.533.39$972
Dec 2022022576.415.73$1,289
Nov 2022023985.005.65$1,349
Oct 2022021587.185.86$1,261
Sep 2022023384.888.16$1,902
Aug 2022023494.529.13$2,136
Jul 20220238101.587.54$1,795
Jun 20220268115.097.98$2,138
May 20220255109.378.43$2,150
Apr 20220260104.226.84$1,778
Mar 20220321108.885.08$1,630
Feb 2022023591.054.86$1,142
Jan 2022030081.844.54$1,361
Dec 2021028271.323.90$1,100
Nov 2021027877.435.24$1,456
Oct 2021030579.795.71$1,743
Sep 2021047269.865.35$2,526
Aug 2021049266.024.22$2,077
Jul 2021049170.783.98$1,955
Jun 2021047269.493.38$1,596
May 2021049863.483.02$1,503
Apr 2021053160.362.76$1,465
Mar 2021053561.302.72$1,454
Feb 2021041757.805.55$2,314
Jan 2021053450.412.81$1,501
Dec 2020056144.642.68$1,501
Nov 2020047238.772.71$1,278
Oct 2020057936.972.48$1,435
Sep 2020056037.091.99$1,115
Aug 2020059639.982.39$1,422
Jul 2020056438.371.83$1,029
Jun 2020053034.901.69$896
May 2020055416.921.81$1,005
Apr 2020051314.751.80$926
Mar 2020030130.341.86$559
Feb 2020028449.881.98$563
Jan 2020033457.252.09$700
Dec 2019029359.012.30$675
Nov 2019029555.302.75$811
Oct 2019031253.472.42$755
Sep 2019031655.052.66$840
Aug 2019030353.112.30$698
Jul 2019033156.272.46$814
Jun 2019029552.782.49$735
May 2019030058.482.74$822
Apr 2019031562.632.75$866
Mar 2019032856.803.06$1,004
Feb 2019030850.852.79$860
Jan 2019035246.033.23$1,136
Dec 2018036446.594.19$1,524
Nov 2018036352.934.24$1,538
Oct 2018035861.443.40$1,217
Sep 2018028759.543.11$892
Aug 2018036159.403.07$1,107
Jul 2018033765.142.93$988
Jun 2018035860.183.08$1,102
May 2018039765.382.90$1,152
Apr 2018037663.842.90$1,091
Mar 2018041661.222.79$1,159
Feb 2018039061.782.77$1,079
Jan 2018036562.874.01$1,463
Dec 2017039857.272.92$1,163
Nov 2017442855.423.12$1,556
Oct 2017146449.292.98$1,434
Sep 2017140747.523.09$1,304
Aug 2017148845.373.00$1,512
Jul 2017045543.873.09$1,405
Jun 2017151142.493.09$1,620
May 2017151845.373.26$1,736
Apr 2017138947.933.21$1,297
Mar 2017065446.772.98$1,951
Feb 2017147650.452.95$1,456
Jan 2017137949.413.42$1,345
Dec 2016033748.763.72$1,255
Nov 2016072742.492.64$1,922
Oct 2016349646.193.09$1,671
Sep 2016052341.553.10$1,622
Aug 2016155141.442.92$1,653
Jul 2016065441.622.92$1,913
Jun 2016050645.352.69$1,359
May 2016347142.521.99$1,065
Apr 2016048436.561.99$964
Mar 2016038133.011.79$684
Feb 2016243326.472.06$946
Jan 2016045427.352.36$1,073
Dec 2015349032.362.00$1,078
Nov 2015057538.792.17$1,246
Oct 2015062743.552.43$1,521
Sep 2015482442.992.76$2,445
Aug 2015080440.162.87$2,309
Jul 2015072648.152.95$2,138
Jun 2015066056.152.88$1,903
May 2015472355.212.96$2,358
Apr 2015073449.822.71$1,987
Mar 2015068742.892.93$2,016
Feb 2015375144.662.98$2,369
Jan 2015054043.433.10$1,674
Dec 2014070354.693.59$2,525
Nov 2014069470.464.25$2,951
Oct 2014376778.303.90$3,227
Sep 2014377186.164.05$3,378
Aug 2014084789.394.04$3,418
Jul 2014084096.564.18$3,511
Jun 2014080198.164.74$3,794
May 2014081894.734.73$3,866
Apr 2014381295.944.81$4,193
Mar 2014384595.895.06$4,561
Feb 2014078197.406.19$4,836
Jan 2014088790.404.86$4,311
Dec 2013086491.824.35$3,762
Nov 2013089988.853.74$3,361
Oct 2013095197.423.78$3,594
Sep 20130957104.113.72$3,558
Aug 20130991104.253.52$3,491
Jul 201301,101102.523.72$4,093
Jun 2013088694.403.93$3,485
May 2013095494.834.15$3,958
Apr 201301,16193.964.28$4,972
Mar 201301,17793.623.91$4,605
Feb 201301,13291.233.42$3,871
Jan 201301,25691.603.42$4,295
Dec 201201,43586.773.42$4,908
Nov 201201,18586.953.62$4,296
Oct 201201,47589.383.40$5,015
Sep 201201,22794.672.92$3,581
Aug 201201,99592.662.91$5,802
Jul 201201,24185.133.02$3,749
Jun 201201,21079.822.52$3,048
May 201241,41291.612.49$3,880
Apr 201202,022101.652.00$4,038
Mar 201202,229105.052.22$4,953
Feb 201202,183101.102.57$5,611
Jan 201242,61698.092.73$7,545
Dec 201103,18296.873.24$10,309
Nov 201132,65295.723.31$9,069
Oct 201151,07784.983.65$4,354
Sep 201104,01983.623.99$16,019
Aug 2011095583.404.15$3,963
Jul 201104394.144.52$194
Jun 201153,01292.904.64$14,440
May 2011416198.134.40$1,102
Apr 201101,808105.964.33$7,835
Mar 201152,18196.364.06$9,331
Feb 201152,88685.644.18$12,492
Jan 201153,79786.504.59$17,856
Dec 20100085.734.35$0
Nov 201001,30280.843.80$4,942
Oct 201002,68178.103.51$9,407
Sep 201042,71072.633.98$11,075
Aug 201003,13673.684.42$13,859
Jul 201043,27972.554.74$15,821
Jun 201003,37470.364.91$16,568
May 201053,61271.124.24$15,653
Apr 201054,03081.694.12$17,023
Mar 201054,43478.394.39$19,851
Feb 201054,74773.585.44$26,203
Jan 201065,11574.365.96$30,952
Dec 200995,51371.445.48$30,875
Nov 200935,63074.593.75$21,345
Oct 2009106,15772.544.11$26,032
Sep 200986,58265.543.06$20,697
Aug 200998,40167.423.22$27,645
Jul 20093511,41961.133.46$41,701
Jun 2009113,09066.163.90$51,052

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                  211 Mcf  × $  3.05 =       $643

────────────────────────────────────────────────────
Month total                                     $643

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/251564 is the state's own key, not one this site invented.