GALVAN K

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 252569District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$851 k
Aug 2009 – May 2026
Value, last 12 filed months
$108
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 Gas112010-02-24196976
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
CondensateDisposition309 bbl$22,335
GasProduction215,717 Mcf$828,992
Total$851,327

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 28.0283, -99.6686. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02833, -99.66861 · 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

42-4794053536,700 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260289.753.15$6
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202503362.743.08$102
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 202502760.553.23$87
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202301175.112.47$27
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 202102169.865.35$112
Aug 202102466.024.22$101
Jul 202102670.783.98$104
Jun 202102269.493.38$74
May 202102563.483.02$75
Apr 202102360.362.76$63
Mar 202102361.302.72$62
Feb 202101857.805.55$100
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 2020028130.341.86$522
Feb 2020026549.881.98$525
Jan 2020031257.252.09$654
Dec 2019027359.012.30$629
Nov 2019027655.302.75$759
Oct 2019029253.472.42$706
Sep 2019029655.052.66$787
Aug 2019028353.112.30$652
Jul 2019030956.272.46$760
Jun 2019027552.782.49$685
May 2019028158.482.74$770
Apr 2019029462.632.75$809
Mar 2019030656.803.06$937
Feb 2019028850.852.79$804
Jan 2019032846.033.23$1,059
Dec 2018034046.594.19$1,423
Nov 2018033952.934.24$1,436
Oct 2018033461.443.40$1,135
Sep 2018026859.543.11$833
Aug 2018033759.403.07$1,033
Jul 2018031465.142.93$921
Jun 2018033460.183.08$1,028
May 2018037165.382.90$1,076
Apr 2018035163.842.90$1,018
Mar 2018038961.222.79$1,084
Feb 2018036461.782.77$1,007
Jan 2018034162.874.01$1,367
Dec 2017037257.272.92$1,087
Nov 2017340055.423.12$1,414
Oct 2017143349.292.98$1,341
Sep 2017129047.523.09$943
Aug 2017127945.373.00$884
Jul 2017034943.873.09$1,077
Jun 2017138242.493.09$1,222
May 2017125945.373.26$891
Apr 2017136947.933.21$1,233
Mar 2017027646.772.98$824
Feb 2017239050.452.95$1,252
Jan 2017553349.413.42$2,069
Dec 2016061248.763.72$2,278
Nov 2016070842.492.64$1,872
Oct 2016178246.193.09$2,463
Sep 2016084041.553.10$2,605
Aug 2016172541.442.92$2,162
Jul 2016480541.622.92$2,521
Jun 2016074945.352.69$2,012
May 2016074242.521.99$1,477
Apr 2016465436.561.99$1,448
Mar 2016071433.011.79$1,281
Feb 2016469226.472.06$1,534
Jan 2016073727.352.36$1,743
Dec 2015463032.362.00$1,390
Nov 2015063838.792.17$1,383
Oct 2015370943.552.43$1,851
Sep 2015034942.992.76$963
Aug 2015334040.162.87$1,097
Jul 2015047348.152.95$1,393
Jun 2015061856.152.88$1,782
May 2015356355.212.96$1,830
Apr 2015056949.822.71$1,540
Mar 2015584042.892.93$2,680
Feb 201501,02044.662.98$3,036
Jan 2015679543.433.10$2,726
Dec 201401,20554.693.59$4,328
Nov 201471,30270.464.25$6,029
Oct 201401,43978.303.90$5,613
Sep 201451,36486.164.05$5,949
Aug 201401,02189.394.04$4,120
Jul 201401,00896.564.18$4,213
Jun 2014496698.164.74$4,968
May 201401,04894.734.73$4,953
Apr 201441,02595.944.81$5,313
Mar 201401,02595.895.06$5,183
Feb 2014593397.406.19$6,264
Jan 2014063290.404.86$3,072
Dec 2013055991.824.35$2,434
Nov 2013089888.853.74$3,357
Oct 2013095597.423.78$3,609
Sep 20130953104.113.72$3,543
Aug 201301,063104.253.52$3,745
Jul 201301,138102.523.72$4,231
Jun 201301,25594.403.93$4,936
May 201301,30394.834.15$5,406
Apr 201301,45893.964.28$6,244
Mar 201302,04293.623.91$7,990
Feb 201301,69291.233.42$5,786
Jan 201301,76991.603.42$6,050
Dec 201201,94386.773.42$6,645
Nov 201202,06886.953.62$7,496
Oct 201201,87989.383.40$6,388
Sep 201201,80594.672.92$5,268
Aug 201201,93592.662.91$5,627
Jul 201202,12185.133.02$6,407
Jun 201202,13579.822.52$5,378
May 201252,33091.612.49$6,256
Apr 201202,756101.652.00$5,503
Mar 201202,996105.052.22$6,657
Feb 201202,081101.102.57$5,349
Jan 201203,34598.092.73$9,146
Dec 201103,50496.873.24$11,352
Nov 2011113,69495.723.31$13,285
Oct 201103,62184.983.65$13,211
Sep 201103,21183.623.99$12,798
Aug 20110083.404.15$0
Jul 2011055794.144.52$2,516
Jun 2011010392.904.64$478
May 201182,26898.134.40$10,775
Apr 201101,854105.964.33$8,034
Mar 2011133,69496.364.06$16,240
Feb 201103,50585.644.18$14,651
Jan 201163,77286.504.59$17,828
Dec 201063,88985.734.35$17,423
Nov 201003,71480.843.80$14,096
Oct 201073,90678.103.51$14,252
Sep 201024,10572.633.98$16,481
Aug 201084,90473.684.42$22,262
Jul 201085,01672.554.74$24,339
Jun 201005,16570.364.91$25,362
May 2010185,29071.124.24$23,684
Apr 201085,50581.694.12$23,349
Mar 2010185,96478.394.39$27,585
Feb 2010176,06473.585.44$34,253
Jan 2010167,17174.365.96$43,958
Dec 2009288,45971.445.48$48,387
Nov 2009117,19774.593.75$27,820
Oct 2009218,99872.544.11$38,507
Sep 20091410,23665.543.06$32,288
Aug 200955,32267.423.22$17,466

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                    2 Mcf  × $  3.15 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/252569 is the state's own key, not one this site invented.