GALVAN M

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 251959District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$851 k
Jul 2009 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
203
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 Gas112010-02-24196989
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
CondensateDisposition302 bbl$21,391
GasProduction218,970 Mcf$829,236
Total$850,627

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 28.0236, -99.6794. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02361, -99.67944 · 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
6,600 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 6,600 ft.

Completions filed
Jul 2009
1 of 1 wells

1 well

42-4794053726,600 ftJul 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 (203)

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

203 months

May 2026027106.413.05$82
Apr 202603998.932.87$112
Mar 202607789.753.15$243
Feb 202603563.503.75$131
Jan 202603759.138.00$296
Dec 202504056.664.41$177
Nov 202504658.593.93$181
Oct 202505659.383.30$185
Sep 202508962.743.08$274
Aug 202506163.933.01$184
Jul 202505866.743.32$192
Jun 202505866.483.13$181
May 202507260.553.23$233
Apr 202506862.363.54$241
Mar 202507267.704.27$307
Feb 202508470.884.34$365
Jan 202507274.324.28$308
Dec 202408068.993.12$250
Nov 202405769.052.20$125
Oct 202408071.372.28$183
Sep 202407569.612.36$177
Aug 202407775.632.06$159
Jul 202407979.932.15$170
Jun 202407678.082.63$200
May 202407078.812.20$154
Apr 202407584.451.66$124
Mar 202407980.301.55$122
Feb 202408976.091.78$159
Jan 202407573.023.30$247
Dec 202307871.262.61$204
Nov 202307677.892.81$213
Oct 202306685.443.09$204
Sep 202307089.042.74$191
Aug 202307080.522.67$187
Jul 202306974.852.64$182
Jun 202306768.962.26$151
May 202308270.622.23$183
Apr 202307478.122.24$166
Mar 202308272.852.39$196
Feb 202307075.112.47$173
Jan 202306676.533.39$224
Dec 202209676.415.73$550
Nov 202209485.005.65$531
Oct 202208087.185.86$469
Sep 202208084.888.16$653
Aug 202206894.529.13$621
Jul 2022089101.587.54$671
Jun 2022094115.097.98$750
May 2022087109.378.43$734
Apr 20220104104.226.84$711
Mar 20220108108.885.08$548
Feb 202209391.054.86$452
Jan 2022011481.844.54$517
Dec 2021012271.323.90$476
Nov 2021012677.435.24$660
Oct 2021012279.795.71$697
Sep 2021033969.865.35$1,814
Aug 2021038866.024.22$1,638
Jul 2021041270.783.98$1,641
Jun 2021035969.493.38$1,214
May 2021040063.483.02$1,207
Apr 2021037060.362.76$1,021
Mar 2021037361.302.72$1,013
Feb 2021028757.805.55$1,592
Jan 202102550.412.81$70
Dec 202002444.642.68$64
Nov 202002138.772.71$57
Oct 202002636.972.48$64
Sep 202002537.091.99$50
Aug 202002639.982.39$62
Jul 202002638.371.83$47
Jun 202002534.901.69$42
May 202002516.921.81$45
Apr 202002714.751.80$49
Mar 2020035630.341.86$661
Feb 2020033649.881.98$666
Jan 2020039557.252.09$827
Dec 2019034659.012.30$797
Nov 2019035055.302.75$963
Oct 2019036853.472.42$890
Sep 2019037455.052.66$994
Aug 2019035853.112.30$825
Jul 2019039156.272.46$962
Jun 2019034952.782.49$869
May 2019035558.482.74$973
Apr 2019037362.632.75$1,026
Mar 2019038756.803.06$1,185
Feb 2019036450.852.79$1,016
Jan 2019041646.033.23$1,343
Dec 2018043146.594.19$1,804
Nov 2018042952.934.24$1,818
Oct 2018042361.443.40$1,437
Sep 2018033959.543.11$1,054
Aug 2018042759.403.07$1,309
Jul 2018039865.142.93$1,167
Jun 2018042360.183.08$1,302
May 2018046965.382.90$1,360
Apr 2018044563.842.90$1,291
Mar 2018049261.222.79$1,371
Feb 2018046161.782.77$1,275
Jan 2018043162.874.01$1,728
Dec 2017047157.272.92$1,376
Nov 2017250655.423.12$1,689
Oct 2017154949.292.98$1,687
Sep 2017144747.523.09$1,428
Aug 2017139345.373.00$1,226
Jul 2017051043.873.09$1,575
Jun 2017149642.493.09$1,574
May 2017173345.373.26$2,437
Apr 2017174847.933.21$2,450
Mar 201701,35646.772.98$4,046
Feb 201711,57350.452.95$4,695
Jan 201751,69649.413.42$6,045
Dec 2016050048.763.72$1,861
Nov 2016044342.492.64$1,171
Oct 2016161646.193.09$1,950
Sep 2016055041.553.10$1,705
Aug 2016149241.442.92$1,480
Jul 2016448541.622.92$1,585
Jun 2016052345.352.69$1,405
May 2016068342.521.99$1,360
Apr 2016460836.561.99$1,357
Mar 2016061733.011.79$1,107
Feb 2016464826.472.06$1,443
Jan 2016067927.352.36$1,605
Dec 2015456432.362.00$1,258
Nov 2015075938.792.17$1,645
Oct 2015584343.552.43$2,263
Sep 2015085042.992.76$2,345
Aug 2015582740.162.87$2,576
Jul 2015083048.152.95$2,444
Jun 2015083856.152.88$2,416
May 2015582055.212.96$2,700
Apr 2015082849.822.71$2,241
Mar 2015597642.892.93$3,079
Feb 2015099844.662.98$2,970
Jan 2015567443.433.10$2,307
Dec 2014094454.693.59$3,390
Nov 201451,00170.464.25$4,608
Oct 201401,10578.303.90$4,311
Sep 201451,02786.164.05$4,585
Aug 201401,18389.394.04$4,774
Jul 201401,16896.564.18$4,882
Jun 201451,12098.164.74$5,796
May 201401,18294.734.73$5,587
Apr 2014388395.944.81$4,534
Mar 2014078495.895.06$3,965
Feb 2014489897.406.19$5,950
Jan 201401,02390.404.86$4,973
Dec 2013097891.824.35$4,259
Nov 2013094088.853.74$3,514
Oct 201301,21597.423.78$4,592
Sep 201301,097104.113.72$4,078
Aug 201301,129104.253.52$3,977
Jul 201301,224102.523.72$4,551
Jun 201301,19194.403.93$4,685
May 201301,41394.834.15$5,863
Apr 201301,44693.964.28$6,193
Mar 201301,54893.623.91$6,057
Feb 201301,48591.233.42$5,079
Jan 201301,30791.603.42$4,470
Dec 201201,12886.773.42$3,858
Nov 201201,36086.953.62$4,930
Oct 201201,78789.383.40$6,075
Sep 201201,45294.672.92$4,238
Aug 201201,96692.662.91$5,717
Jul 201202,17285.133.02$6,561
Jun 201201,83079.822.52$4,610
May 2012580391.612.49$2,456
Apr 201201,762101.652.00$3,518
Mar 201202,718105.052.22$6,040
Feb 201202,683101.102.57$6,896
Jan 201203,01098.092.73$8,230
Dec 201103,43696.873.24$11,132
Nov 2011113,83195.723.31$13,738
Oct 201103,66584.983.65$13,372
Sep 201104,59883.623.99$18,327
Aug 20110083.404.15$0
Jul 2011073594.144.52$3,320
Jun 20110092.904.64$0
May 201162,10498.134.40$9,857
Apr 201101,431105.964.33$6,201
Mar 2011123,53196.364.06$15,483
Feb 201103,46985.644.18$14,500
Jan 201153,50886.504.59$16,530
Dec 201063,59785.734.35$16,153
Nov 201003,49180.843.80$13,250
Oct 201063,67578.103.51$13,364
Sep 201013,76572.633.98$15,055
Aug 201074,23473.684.42$19,227
Jul 201074,47172.554.74$21,685
Jun 201004,58870.364.91$22,529
May 2010164,64171.124.24$20,794
Apr 201074,92181.694.12$20,860
Mar 2010155,13378.394.39$23,703
Feb 2010145,13373.585.44$28,966
Jan 2010125,77174.365.96$35,311
Dec 2009236,27871.445.48$36,070
Nov 200996,53374.593.75$25,180
Oct 2009177,27872.544.11$31,148
Sep 2009128,50865.543.06$26,861
Aug 2009204,65967.423.22$16,343
Jul 2009127,78161.133.46$27,691

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                   27 Mcf  × $  3.05 =        $82

────────────────────────────────────────────────────
Month total                                      $82

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/251959 is the state's own key, not one this site invented.