GALVAN RANCH N7

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 252077District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$676 k
Aug 2009 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
202
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 Gas112010-02-24196991
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
CondensateDisposition211 bbl$14,492
GasProduction174,350 Mcf$661,164
Total$675,656

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 28.0350, -99.6719. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03500, -99.67194 · 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
Aug 2009
1 of 1 wells

1 well

42-4794055726,600 ftAug 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 (202)

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

202 months

May 20260141106.413.05$429
Apr 2026019998.932.87$571
Mar 2026025889.753.15$813
Feb 2026018163.503.75$679
Jan 2026019159.138.00$1,528
Dec 2025020856.664.41$918
Nov 2025023858.593.93$934
Oct 2025029059.383.30$958
Sep 2025021162.743.08$649
Aug 2025031863.933.01$959
Jul 2025029966.743.32$991
Jun 2025029966.483.13$935
May 2025017160.553.23$553
Apr 2025035062.363.54$1,240
Mar 2025037167.704.27$1,584
Feb 2025043270.884.34$1,875
Jan 2025037474.324.28$1,600
Dec 2024041368.993.12$1,289
Nov 2024029769.052.20$653
Oct 2024041471.372.28$945
Sep 2024038869.612.36$917
Aug 2024040075.632.06$825
Jul 2024040879.932.15$876
Jun 2024039278.082.63$1,033
May 2024036478.812.20$800
Apr 2024038984.451.66$645
Mar 2024040980.301.55$632
Feb 2024045876.091.78$817
Jan 2024038673.023.30$1,273
Dec 2023040571.262.61$1,057
Nov 2023039377.892.81$1,103
Oct 2023034185.443.09$1,053
Sep 2023036389.042.74$993
Aug 2023036380.522.67$970
Jul 2023035774.852.64$943
Jun 2023034868.962.26$786
May 2023042470.622.23$944
Apr 2023038578.122.24$862
Mar 2023042472.852.39$1,015
Feb 2023035975.112.47$885
Jan 2023034276.533.39$1,159
Dec 2022049476.415.73$2,830
Nov 2022048885.005.65$2,755
Oct 2022041587.185.86$2,433
Sep 2022041484.888.16$3,380
Aug 2022034994.529.13$3,185
Jul 20220460101.587.54$3,469
Jun 20220483115.097.98$3,853
May 20220450109.378.43$3,795
Apr 20220537104.226.84$3,672
Mar 20220559108.885.08$2,838
Feb 2022048291.054.86$2,342
Jan 2022058881.844.54$2,668
Dec 2021063171.323.90$2,460
Nov 2021065277.435.24$3,414
Oct 2021063079.795.71$3,600
Sep 2021065769.865.35$3,516
Aug 2021075166.024.22$3,170
Jul 2021079970.783.98$3,182
Jun 2021069669.493.38$2,353
May 2021077563.483.02$2,339
Apr 2021071660.362.76$1,975
Mar 2021072261.302.72$1,962
Feb 2021055657.805.55$3,085
Jan 2021017150.412.81$481
Dec 2020016544.642.68$441
Nov 2020014638.772.71$395
Oct 2020018136.972.48$449
Sep 2020017437.091.99$346
Aug 2020018239.982.39$434
Jul 2020018338.371.83$334
Jun 2020017534.901.69$296
May 2020017816.921.81$323
Apr 2020019314.751.80$348
Mar 2020029430.341.86$546
Feb 2020027749.881.98$549
Jan 2020032657.252.09$683
Dec 2019028659.012.30$659
Nov 2019028855.302.75$792
Oct 2019030553.472.42$738
Sep 2019030955.052.66$821
Aug 2019029653.112.30$682
Jul 2019032356.272.46$795
Jun 2019028852.782.49$717
May 2019029358.482.74$803
Apr 2019030862.632.75$847
Mar 2019032056.803.06$980
Feb 2019030150.852.79$840
Jan 2019034346.033.23$1,107
Dec 2018035646.594.19$1,490
Nov 2018035552.934.24$1,504
Oct 2018034961.443.40$1,186
Sep 2018028059.543.11$870
Aug 2018035359.403.07$1,083
Jul 2018032965.142.93$965
Jun 2018035060.183.08$1,077
May 2018038865.382.90$1,126
Apr 2018036763.842.90$1,065
Mar 2018040661.222.79$1,131
Feb 2018038161.782.77$1,054
Jan 2018035662.874.01$1,427
Dec 2017338957.272.92$1,308
Nov 2017041855.423.12$1,303
Oct 2017245349.292.98$1,450
Sep 2017291947.523.09$2,932
Aug 2017243545.373.00$1,398
Jul 2017025643.873.09$790
Jun 2017232442.493.09$1,085
May 2017237445.373.26$1,311
Apr 2017283947.933.21$2,790
Mar 2017083646.772.98$2,494
Feb 2017254350.452.95$1,704
Jan 2017743949.413.42$1,847
Dec 2016015848.763.72$588
Nov 2016011042.492.64$291
Oct 201615146.193.09$204
Sep 201609241.553.10$285
Aug 201619841.442.92$328
Jul 2016422341.622.92$819
Jun 2016010045.352.69$269
May 2016067542.521.99$1,344
Apr 2016334936.561.99$805
Mar 2016091533.011.79$1,642
Feb 2016346626.472.06$1,041
Jan 2016044327.352.36$1,047
Dec 2015453832.362.00$1,206
Nov 2015080338.792.17$1,740
Oct 2015689343.552.43$2,428
Sep 201501,29142.992.76$3,561
Aug 201561,25540.162.87$3,846
Jul 201501,07048.152.95$3,151
Jun 2015087556.152.88$2,523
May 2015476655.212.96$2,485
Apr 2015077349.822.71$2,092
Mar 2015375342.892.93$2,339
Feb 2015060744.662.98$1,807
Jan 2015330243.433.10$1,067
Dec 2014069354.693.59$2,489
Nov 2014594470.464.25$4,366
Oct 201401,04378.303.90$4,069
Sep 201461,26686.164.05$5,638
Aug 201401,44889.394.04$5,843
Jul 201401,42996.564.18$5,973
Jun 201451,37198.164.74$6,985
May 201401,12194.734.73$5,298
Apr 201431,06895.944.81$5,424
Mar 2014062495.895.06$3,155
Feb 2014362897.406.19$4,181
Jan 2014058290.404.86$2,829
Dec 2013056491.824.35$2,456
Nov 2013085388.853.74$3,189
Oct 201301,13597.423.78$4,290
Sep 201301,186104.113.72$4,409
Aug 201301,439104.253.52$5,069
Jul 201301,406102.523.72$5,227
Jun 201301,33694.403.93$5,255
May 201301,32494.834.15$5,493
Apr 201301,19693.964.28$5,122
Mar 201301,17593.623.91$4,598
Feb 201301,08291.233.42$3,700
Jan 2013088991.603.42$3,040
Dec 201201,16386.773.42$3,978
Nov 201201,31986.953.62$4,781
Oct 201201,48389.383.40$5,042
Sep 201201,72294.672.92$5,025
Aug 201201,09892.662.91$3,193
Jul 201201,35285.133.02$4,084
Jun 2012057279.822.52$1,441
May 201231,21791.612.49$3,303
Apr 201200101.652.00$0
Mar 201201,398105.052.22$3,106
Feb 201201,408101.102.57$3,619
Jan 201201,38498.092.73$3,784
Dec 201101,58396.873.24$5,129
Nov 201162,32995.723.31$8,286
Oct 201102,04884.983.65$7,472
Sep 201102,84383.623.99$11,332
Aug 201106783.404.15$278
Jul 201101,44694.144.52$6,532
Jun 20110092.904.64$0
May 201141,01098.134.40$4,841
Apr 20110806105.964.33$3,493
Mar 201172,09696.364.06$9,179
Feb 201101,48985.644.18$6,224
Jan 201152,95286.504.59$13,979
Dec 201043,22585.734.35$14,364
Nov 201002,52780.843.80$9,591
Oct 201042,07578.103.51$7,593
Sep 201012,03172.633.98$8,155
Aug 201032,71073.684.42$12,198
Jul 201041,87672.554.74$9,176
Jun 201002,48970.364.91$12,222
May 201053,39371.124.24$14,726
Apr 201031,50081.694.12$6,429
Mar 201082,28878.394.39$10,668
Feb 201093,33673.585.44$18,818
Jan 201083,90674.365.96$23,891
Dec 2009174,14971.445.48$23,967
Nov 200975,15374.593.75$19,854
Oct 2009156,11572.544.11$26,222
Sep 2009107,23865.543.06$22,838
Aug 200944,28967.423.22$14,074

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                  141 Mcf  × $  3.05 =       $429

────────────────────────────────────────────────────
Month total                                     $429

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/252077 is the state's own key, not one this site invented.