GALVAN RANCH N8

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 252566District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$754 k
Aug 2009 – May 2026
Value, last 12 filed months
$2 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 Gas112010-02-24196975
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
CondensateDisposition250 bbl$16,993
GasProduction203,370 Mcf$737,493
Total$754,486

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 28.0378, -99.6647. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03778, -99.66472 · 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
6,700 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 6,700 ft.

Completions filed
Aug 2009
1 of 1 wells

1 well

42-4794056326,700 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 2026018106.413.05$55
Apr 202602598.932.87$72
Mar 202608689.753.15$271
Feb 202602363.503.75$86
Jan 202602559.138.00$200
Dec 202502756.664.41$119
Nov 202503158.593.93$122
Oct 202503759.383.30$122
Sep 2025024562.743.08$754
Aug 202504163.933.01$124
Jul 202503966.743.32$129
Jun 202503966.483.13$122
May 2025019860.553.23$640
Apr 202504562.363.54$159
Mar 202504867.704.27$205
Feb 202505670.884.34$243
Jan 202504874.324.28$205
Dec 202405368.993.12$165
Nov 202403869.052.20$84
Oct 202405371.372.28$121
Sep 202405069.612.36$118
Aug 202405275.632.06$107
Jul 202405379.932.15$114
Jun 202405178.082.63$134
May 202404778.812.20$103
Apr 202405084.451.66$83
Mar 202405380.301.55$82
Feb 202405976.091.78$105
Jan 202405073.023.30$165
Dec 202305271.262.61$136
Nov 202305177.892.81$143
Oct 202304485.443.09$136
Sep 202304789.042.74$129
Aug 202304780.522.67$126
Jul 202304674.852.64$122
Jun 202304568.962.26$102
May 202305570.622.23$123
Apr 202305078.122.24$112
Mar 202305572.852.39$132
Feb 202304775.112.47$116
Jan 202304476.533.39$149
Dec 202206476.415.73$367
Nov 202206385.005.65$356
Oct 202205487.185.86$317
Sep 202205384.888.16$433
Aug 202204594.529.13$411
Jul 2022059101.587.54$445
Jun 2022062115.097.98$495
May 2022058109.378.43$489
Apr 2022069104.226.84$472
Mar 2022072108.885.08$366
Feb 202206291.054.86$301
Jan 202207681.844.54$345
Dec 202108171.323.90$316
Nov 202108477.435.24$440
Oct 202108179.795.71$463
Sep 2021048869.865.35$2,611
Aug 2021055766.024.22$2,351
Jul 2021059370.783.98$2,361
Jun 2021051769.493.38$1,748
May 2021057563.483.02$1,735
Apr 2021053160.362.76$1,465
Mar 2021053561.302.72$1,454
Feb 2021041257.805.55$2,286
Jan 2021055950.412.81$1,571
Dec 2020054144.642.68$1,447
Nov 2020047938.772.71$1,296
Oct 2020059436.972.48$1,472
Sep 2020057037.091.99$1,135
Aug 2020059739.982.39$1,424
Jul 2020060138.371.83$1,097
Jun 2020057434.901.69$970
May 2020058716.921.81$1,065
Apr 2020063214.751.80$1,140
Mar 2020035530.341.86$659
Feb 2020033549.881.98$664
Jan 2020039457.252.09$825
Dec 2019034559.012.30$795
Nov 2019034955.302.75$960
Oct 2019036753.472.42$888
Sep 2019037355.052.66$991
Aug 2019035753.112.30$823
Jul 2019039056.272.46$959
Jun 2019034752.782.49$864
May 2019035458.482.74$970
Apr 2019037162.632.75$1,021
Mar 2019038656.803.06$1,182
Feb 2019036350.852.79$1,014
Jan 2019041446.033.23$1,336
Dec 2018042946.594.19$1,796
Nov 2018042852.934.24$1,814
Oct 2018042161.443.40$1,431
Sep 2018033859.543.11$1,051
Aug 2018042559.403.07$1,303
Jul 2018039765.142.93$1,164
Jun 2018042260.183.08$1,298
May 2018046865.382.90$1,358
Apr 2018044363.842.90$1,285
Mar 2018049061.222.79$1,366
Feb 2018046061.782.77$1,272
Jan 2018043062.874.01$1,724
Dec 2017446957.272.92$1,599
Nov 2017050455.423.12$1,572
Oct 2017254749.292.98$1,731
Sep 2017255547.523.09$1,808
Aug 2017264945.373.00$2,041
Jul 2017062643.873.09$1,933
Jun 2017280542.493.09$2,570
May 2017287145.373.26$2,933
Apr 2017278147.933.21$2,604
Mar 2017084446.772.98$2,518
Feb 2017258750.452.95$1,834
Jan 2017857549.413.42$2,361
Dec 2016055648.763.72$2,070
Nov 2016056642.492.64$1,497
Oct 2016182046.193.09$2,580
Sep 2016054741.553.10$1,696
Aug 2016170241.442.92$2,094
Jul 2016689341.622.92$2,861
Jun 2016076245.352.69$2,047
May 201601,11142.521.99$2,212
Apr 201651,05136.561.99$2,275
Mar 201601,01333.011.79$1,817
Feb 2016595526.472.06$2,103
Jan 201601,05127.352.36$2,485
Dec 201561,06432.362.00$2,324
Nov 201501,09538.792.17$2,373
Oct 201571,21743.552.43$3,258
Sep 201501,31142.992.76$3,616
Aug 201561,27540.162.87$3,903
Jul 201501,12048.152.95$3,298
Jun 2015095856.152.88$2,762
May 201571,24555.212.96$4,066
Apr 201501,25849.822.71$3,405
Mar 201561,50342.892.93$4,668
Feb 201501,26344.662.98$3,759
Jan 2015667343.433.10$2,347
Dec 201401,37254.693.59$4,927
Nov 201471,41370.464.25$6,501
Oct 201401,56178.303.90$6,089
Sep 201471,45586.164.05$6,489
Aug 201401,60289.394.04$6,464
Jul 201401,58196.564.18$6,608
Jun 201461,51798.164.74$7,775
May 201401,59894.734.73$7,553
Apr 201461,44795.944.81$7,534
Mar 201401,42795.895.06$7,216
Feb 201461,30297.406.19$8,646
Jan 201401,61390.404.86$7,840
Dec 201301,46191.824.35$6,362
Nov 201301,50888.853.74$5,637
Oct 201301,67897.423.78$6,342
Sep 201301,680104.113.72$6,246
Aug 201301,642104.253.52$5,784
Jul 201301,701102.523.72$6,324
Jun 201301,68494.403.93$6,624
May 201301,57794.834.15$6,543
Apr 201301,28693.964.28$5,507
Mar 201301,81893.623.91$7,114
Feb 201301,73991.233.42$5,947
Jan 201301,72791.603.42$5,906
Dec 201202,04286.773.42$6,984
Nov 201202,06086.953.62$7,467
Oct 201202,18889.383.40$7,439
Sep 201202,01694.672.92$5,883
Aug 201202,30492.662.91$6,700
Jul 201202,42685.133.02$7,328
Jun 201202,34579.822.52$5,907
May 201242,50291.612.49$6,592
Apr 201202,723101.652.00$5,437
Mar 201202,922105.052.22$6,493
Feb 201202,747101.102.57$7,060
Jan 201203,08998.092.73$8,446
Dec 201102,87696.873.24$9,317
Nov 201162,36395.723.31$8,399
Oct 2011060884.983.65$2,218
Sep 201103,19083.623.99$12,715
Aug 2011024383.404.15$1,008
Jul 201102,12994.144.52$9,617
Jun 20110092.904.64$0
May 201141,35698.134.40$6,365
Apr 20110890105.964.33$3,857
Mar 201192,37696.364.06$10,507
Feb 201102,45085.644.18$10,241
Jan 201142,81086.504.59$13,240
Dec 201042,86985.734.35$12,817
Nov 201002,70480.843.80$10,263
Oct 201052,80378.103.51$10,226
Sep 201012,83072.633.98$11,335
Aug 201053,14573.684.42$14,267
Jul 201053,15072.554.74$15,283
Jun 201003,16870.364.91$15,556
May 2010113,24671.124.24$14,530
Apr 201053,30881.694.12$14,046
Mar 2010103,33778.394.39$15,429
Feb 201093,33473.585.44$18,807
Jan 201083,67274.365.96$22,495
Dec 2009154,01471.445.48$23,083
Nov 200964,19974.593.75$16,200
Oct 2009134,90972.544.11$21,120
Sep 200996,48065.543.06$20,449
Aug 200932,53767.423.22$8,368

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                   18 Mcf  × $  3.05 =        $55

────────────────────────────────────────────────────
Month total                                      $55

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/252566 is the state's own key, not one this site invented.