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 252571District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$628 k
Aug 2009 – May 2026
Value, last 12 filed months
$3 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 Gas112010-02-24196977
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
CondensateDisposition200 bbl$14,328
GasProduction164,216 Mcf$613,338
Total$627,665

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 28.0300, -99.6742. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03000, -99.67417 · 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

42-4794055926,600 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 2026036106.413.05$110
Apr 202605298.932.87$149
Mar 202606489.753.15$202
Feb 202604763.503.75$176
Jan 202604959.138.00$392
Dec 202505456.664.41$238
Nov 202506158.593.93$240
Oct 202507559.383.30$248
Sep 202502262.743.08$68
Aug 202508263.933.01$247
Jul 202507766.743.32$255
Jun 202507766.483.13$241
May 202501860.553.23$58
Apr 202509062.363.54$319
Mar 202509667.704.27$410
Feb 2025011270.884.34$486
Jan 202509674.324.28$411
Dec 2024010668.993.12$331
Nov 202407769.052.20$169
Oct 2024010771.372.28$244
Sep 2024010069.612.36$236
Aug 2024010375.632.06$213
Jul 2024010579.932.15$225
Jun 2024010178.082.63$266
May 202409478.812.20$207
Apr 2024010084.451.66$166
Mar 2024010680.301.55$164
Feb 2024011876.091.78$210
Jan 2024010073.023.30$330
Dec 2023010471.262.61$272
Nov 2023010177.892.81$284
Oct 202308885.443.09$272
Sep 202309489.042.74$257
Aug 202309480.522.67$251
Jul 202309274.852.64$243
Jun 202309068.962.26$203
May 2023010970.622.23$243
Apr 202309978.122.24$222
Mar 2023010972.852.39$261
Feb 202309375.112.47$229
Jan 202308876.533.39$298
Dec 2022012776.415.73$728
Nov 2022012685.005.65$711
Oct 2022010787.185.86$627
Sep 2022010784.888.16$874
Aug 202209094.529.13$821
Jul 20220119101.587.54$898
Jun 20220125115.097.98$997
May 20220116109.378.43$978
Apr 20220139104.226.84$950
Mar 20220144108.885.08$731
Feb 2022012491.054.86$603
Jan 2022015281.844.54$690
Dec 2021016371.323.90$636
Nov 2021016877.435.24$880
Oct 2021016279.795.71$926
Sep 2021014869.865.35$792
Aug 2021017066.024.22$718
Jul 2021018070.783.98$717
Jun 2021015769.493.38$531
May 2021017563.483.02$528
Apr 2021016260.362.76$447
Mar 2021016361.302.72$443
Feb 2021012657.805.55$699
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 2020019830.341.86$368
Feb 2020018649.881.98$368
Jan 2020021957.252.09$459
Dec 2019019259.012.30$442
Nov 2019019455.302.75$534
Oct 2019020453.472.42$493
Sep 2019020855.052.66$553
Aug 2019019953.112.30$459
Jul 2019021756.272.46$534
Jun 2019019352.782.49$481
May 2019019758.482.74$540
Apr 2019020762.632.75$569
Mar 2019021556.803.06$658
Feb 2019020250.852.79$564
Jan 2019023146.033.23$746
Dec 2018023946.594.19$1,000
Nov 2018023852.934.24$1,008
Oct 2018023561.443.40$799
Sep 2018018859.543.11$584
Aug 2018023759.403.07$727
Jul 2018022165.142.93$648
Jun 2018023560.183.08$723
May 2018026065.382.90$754
Apr 2018024763.842.90$717
Mar 2018027361.222.79$761
Feb 2018025661.782.77$708
Jan 2018023962.874.01$958
Dec 2017026157.272.92$763
Nov 2017128155.423.12$932
Oct 2017130449.292.98$956
Sep 2017128047.523.09$912
Aug 2017135545.373.00$1,112
Jul 2017033143.873.09$1,022
Jun 2017125742.493.09$836
May 2017138645.373.26$1,305
Apr 2017133047.933.21$1,108
Mar 2017041346.772.98$1,232
Feb 2017157250.452.95$1,739
Jan 2017363049.413.42$2,302
Dec 2016040548.763.72$1,508
Nov 2016037442.492.64$989
Oct 2016053146.193.09$1,641
Sep 2016053741.553.10$1,665
Aug 2016041541.442.92$1,214
Jul 2016247141.622.92$1,461
Jun 2016050845.352.69$1,364
May 2016064142.521.99$1,276
Apr 2016236736.561.99$804
Mar 2016038733.011.79$694
Feb 2016337526.472.06$853
Jan 2016054327.352.36$1,284
Dec 2015458332.362.00$1,296
Nov 2015072738.792.17$1,576
Oct 2015480843.552.43$2,135
Sep 2015069842.992.76$1,925
Aug 2015367940.162.87$2,071
Jul 2015058448.152.95$1,720
Jun 2015048456.152.88$1,395
May 2015477455.212.96$2,508
Apr 2015078249.822.71$2,117
Mar 2015486942.892.93$2,722
Feb 2015086844.662.98$2,583
Jan 2015457243.433.10$1,947
Dec 2014086054.693.59$3,089
Nov 2014472870.464.25$3,377
Oct 2014080578.303.90$3,140
Sep 201441,01086.164.05$4,431
Aug 201401,07589.394.04$4,338
Jul 201401,06196.564.18$4,435
Jun 201451,01798.164.74$5,308
May 201401,16594.734.73$5,506
Apr 201451,25795.944.81$6,525
Mar 201401,07995.895.06$5,456
Feb 201441,27097.406.19$8,253
Jan 201401,13790.404.86$5,527
Dec 201301,25591.824.35$5,465
Nov 201301,55388.853.74$5,806
Oct 2013070797.423.78$2,672
Sep 20130984104.113.72$3,658
Aug 20130228104.253.52$803
Jul 20130344102.523.72$1,279
Jun 2013044094.403.93$1,731
May 2013077994.834.15$3,232
Apr 201301,50393.964.28$6,437
Mar 201301,72093.623.91$6,730
Feb 2013093591.233.42$3,198
Jan 201301,34991.603.42$4,613
Dec 201201,71086.773.42$5,848
Nov 201201,80286.953.62$6,532
Oct 201202,04989.383.40$6,966
Sep 201202,40194.672.92$7,007
Aug 2012058292.662.91$1,693
Jul 2012092485.133.02$2,791
Jun 201201,72779.822.52$4,350
May 201251,05091.612.49$3,071
Apr 201201,693101.652.00$3,381
Mar 201202,688105.052.22$5,973
Feb 201202,945101.102.57$7,569
Jan 201201,56998.092.73$4,290
Dec 201103,59696.873.24$11,650
Nov 2011124,43995.723.31$15,847
Oct 201104,61384.983.65$16,831
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011069994.144.52$3,158
Jun 20110092.904.64$0
May 201151,91098.134.40$8,904
Apr 20110872105.964.33$3,779
Mar 201143,01696.364.06$12,622
Feb 20110085.644.18$0
Jan 201141,83686.504.59$8,771
Dec 201052,93485.734.35$13,185
Nov 201002,86080.843.80$10,855
Oct 201053,00178.103.51$10,921
Sep 201013,27172.633.98$13,089
Aug 201063,90773.684.42$17,709
Jul 201053,80572.554.74$18,385
Jun 201003,97870.364.91$19,534
May 201001,82471.124.24$7,725
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20107073.585.44$515
Jan 2010125,73374.365.96$35,084
Dec 2009216,19771.445.48$35,483
Nov 200975,76074.593.75$22,131
Oct 2009185,56572.544.11$24,179
Sep 20091410,26465.543.06$32,374
Aug 200965,93967.423.22$19,519

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                   36 Mcf  × $  3.05 =       $110

────────────────────────────────────────────────────
Month total                                     $110

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/252571 is the state's own key, not one this site invented.