GALVAN RANCH P16

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 252563District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$952 k
Aug 2009 – May 2026
Value, last 12 filed months
$4 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 Gas112010-02-24196982
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
CondensateDisposition634 bbl$46,844
GasProduction241,009 Mcf$904,719
Total$951,564

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 28.0361, -99.6400. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03611, -99.64000 · 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
6,875 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 6,875 ft.

Completions filed
Aug 2009
1 of 1 wells

1 well

42-4794055026,875 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 2026046106.413.05$140
Apr 202606498.932.87$184
Mar 202606389.753.15$198
Feb 202605863.503.75$218
Jan 202606259.138.00$496
Dec 202506756.664.41$296
Nov 202507758.593.93$302
Oct 202509459.383.30$311
Sep 2025014862.743.08$455
Aug 2025010263.933.01$308
Jul 202509766.743.32$322
Jun 202509766.483.13$303
May 2025017060.553.23$549
Apr 2025011362.363.54$400
Mar 2025012067.704.27$512
Feb 2025013970.884.34$603
Jan 2025012174.324.28$518
Dec 2024013368.993.12$415
Nov 202409669.052.20$211
Oct 2024013471.372.28$306
Sep 2024012569.612.36$296
Aug 2024012975.632.06$266
Jul 2024013279.932.15$283
Jun 2024012678.082.63$332
May 2024011778.812.20$257
Apr 2024012684.451.66$209
Mar 2024013280.301.55$204
Feb 2024014876.091.78$264
Jan 2024012473.023.30$409
Dec 2023013171.262.61$342
Nov 2023012777.892.81$357
Oct 2023011085.443.09$340
Sep 2023011789.042.74$320
Aug 2023011780.522.67$313
Jul 2023011574.852.64$304
Jun 2023011268.962.26$253
May 2023013770.622.23$305
Apr 2023012478.122.24$277
Mar 2023013772.852.39$328
Feb 2023011575.112.47$284
Jan 2023011076.533.39$373
Dec 2022015976.415.73$911
Nov 2022015785.005.65$886
Oct 2022013487.185.86$786
Sep 2022013384.888.16$1,086
Aug 2022011394.529.13$1,031
Jul 20220148101.587.54$1,116
Jun 20220156115.097.98$1,244
May 20220145109.378.43$1,223
Apr 20220173104.226.84$1,183
Mar 20220180108.885.08$914
Feb 2022015591.054.86$753
Jan 2022019081.844.54$862
Dec 2021020471.323.90$795
Nov 2021021077.435.24$1,100
Oct 2021020379.795.71$1,160
Sep 202106469.865.35$342
Aug 202107366.024.22$308
Jul 202107770.783.98$307
Jun 202106769.493.38$227
May 202107563.483.02$226
Apr 202106960.362.76$190
Mar 20210061.302.72$0
Feb 202105457.805.55$300
Jan 202107550.412.81$211
Dec 202006444.642.68$171
Nov 202006838.772.71$184
Oct 202005736.972.48$141
Sep 2020010737.091.99$213
Aug 2020011439.982.39$272
Jul 2020012338.371.83$224
Jun 2020012534.901.69$211
May 2020011316.921.81$205
Apr 2020012714.751.80$229
Mar 2020076630.341.86$1,422
Feb 2020072249.881.98$1,430
Jan 2020084957.252.09$1,778
Dec 2019074459.012.30$1,714
Nov 2019075255.302.75$2,069
Oct 2019079353.472.42$1,918
Sep 2019080555.052.66$2,139
Aug 2019076953.112.30$1,772
Jul 2019084056.272.46$2,066
Jun 2019074952.782.49$1,866
May 2019076358.482.74$2,091
Apr 2019080162.632.75$2,203
Mar 2019083356.803.06$2,551
Feb 2019078350.852.79$2,186
Jan 2019089446.033.23$2,886
Dec 2018092646.594.19$3,876
Nov 2018092352.934.24$3,911
Oct 2018090961.443.40$3,089
Sep 2018072959.543.11$2,266
Aug 2018091859.403.07$2,815
Jul 2018085665.142.93$2,510
Jun 2018091060.183.08$2,800
May 201801,00965.382.90$2,927
Apr 2018095663.842.90$2,773
Mar 201801,05761.222.79$2,946
Feb 2018099261.782.77$2,744
Jan 2018092762.874.01$3,717
Dec 201731,01357.272.92$3,131
Nov 201701,08855.423.12$3,393
Oct 201731,10249.292.98$3,436
Sep 201731,01147.523.09$3,264
Aug 201731,30245.373.00$4,048
Jul 201701,20143.873.09$3,708
Jun 201731,12542.493.09$3,601
May 2017374945.373.26$2,580
Apr 2017396047.933.21$3,227
Mar 201721,01646.772.98$3,125
Feb 2017359950.452.95$1,920
Jan 201761,01049.413.42$3,749
Dec 2016073448.763.72$2,733
Nov 2016337842.492.64$1,127
Oct 2016837346.193.09$1,522
Sep 2016349441.553.10$1,656
Aug 2016160041.442.92$1,796
Jul 2016232541.622.92$1,034
Jun 2016050145.352.69$1,346
May 2016055942.521.99$1,113
Apr 2016754736.561.99$1,345
Mar 2016038333.011.79$687
Feb 2016720826.472.06$615
Jan 201671,09927.352.36$2,790
Dec 201501,08132.362.00$2,164
Nov 2015037338.792.17$808
Oct 2015041443.552.43$1,005
Sep 201506242.992.76$171
Aug 201506040.162.87$172
Jul 201504048.152.95$118
Jun 201501756.152.88$49
May 201522455.212.96$181
Apr 201502449.822.71$65
Mar 2015030742.892.93$901
Feb 2015015944.662.98$473
Jan 20150643.433.10$19
Dec 20140954.693.59$32
Nov 20140670.464.25$26
Oct 20140778.303.90$27
Sep 20140086.164.05$0
Aug 2014073789.394.04$2,974
Jul 2014072696.564.18$3,034
Jun 2014069898.164.74$3,306
May 201451,13794.734.73$5,848
Apr 201401,19595.944.81$5,747
Mar 201441,15795.895.06$6,234
Feb 2014089097.406.19$5,511
Jan 201441,07690.404.86$5,592
Dec 201301,00791.824.35$4,385
Nov 2013092588.853.74$3,458
Oct 201301,14197.423.78$4,312
Sep 201361,229104.113.72$5,194
Aug 201301,305104.253.52$4,597
Jul 201301,318102.523.72$4,900
Jun 201301,26994.403.93$4,992
May 201301,37294.834.15$5,693
Apr 201301,44893.964.28$6,201
Mar 201301,62193.623.91$6,343
Feb 201301,09291.233.42$3,735
Jan 201301,53791.603.42$5,256
Dec 201201,58286.773.42$5,411
Nov 201201,63986.953.62$5,941
Oct 201201,65589.383.40$5,626
Sep 201201,71494.672.92$5,002
Aug 201202,05892.662.91$5,985
Jul 201262,18185.133.02$7,099
Jun 201202,29179.822.52$5,771
May 201262,42791.612.49$6,589
Apr 201202,126101.652.00$4,245
Mar 201262,269105.052.22$5,672
Feb 2012122,254101.102.57$7,007
Jan 201262,81998.092.73$8,296
Dec 2011112,77196.873.24$10,043
Nov 201163,66795.723.31$12,717
Oct 2011134,02984.983.65$15,805
Sep 2011145,16883.623.99$21,769
Aug 2011456283.404.15$2,666
Jul 2011055494.144.52$2,503
Jun 20110092.904.64$0
May 2011098898.134.40$4,352
Apr 20110813105.964.33$3,523
Mar 2011112,64496.364.06$11,788
Feb 201152,88185.644.18$12,471
Jan 2011163,29486.504.59$16,499
Dec 2010103,54785.734.35$16,279
Nov 2010113,46180.843.80$14,025
Oct 2010103,95978.103.51$14,673
Sep 2010113,66372.633.98$15,376
Aug 2010134,42473.684.42$20,509
Jul 201074,82072.554.74$23,338
Jun 2010154,60270.364.91$23,653
May 2010235,31671.124.24$24,150
Apr 2010285,71181.694.12$25,832
Mar 2010496,08978.394.39$30,564
Feb 2010306,72573.585.44$38,807
Jan 2010365,14274.365.96$33,344
Dec 2009238,33571.445.48$47,350
Nov 2009489,75074.593.75$40,157
Oct 20093012,99272.544.11$55,577
Sep 20097521,08465.543.06$69,533
Aug 200983,65867.423.22$12,313

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                   46 Mcf  × $  3.05 =       $140

────────────────────────────────────────────────────
Month total                                     $140

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/252563 is the state's own key, not one this site invented.