GALVAN RANCH M16

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 254790District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$551 k
Dec 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
198
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 Gas112010-08-31199348
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
CondensateDisposition600 bbl$43,646
GasProduction137,151 Mcf$507,338
Total$550,984

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 28.0496, -99.6849. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04957, -99.68490 · 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
6,580 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 6,580 ft.

Completions filed
Dec 2009
1 of 1 wells

1 well

42-4794065616,580 ftDec 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 (198)

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

198 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
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 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
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 202460075.632.06$4,538
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 20230168.962.26$2
May 20230070.622.23$0
Apr 202308878.122.24$197
Mar 20234715572.852.39$3,795
Feb 2023015875.112.47$390
Jan 2023017976.533.39$606
Dec 2022027176.415.73$1,553
Nov 2022063285.005.65$3,568
Oct 202202087.185.86$117
Sep 20220184.888.16$8
Aug 20220094.529.13$0
Jul 20220133101.587.54$1,003
Jun 20220133115.097.98$1,061
May 202201109.378.43$8
Apr 202201104.226.84$7
Mar 202201108.885.08$5
Feb 20220191.054.86$5
Jan 202207481.844.54$336
Dec 2021019271.323.90$749
Nov 202109177.435.24$477
Oct 2021014979.795.71$851
Sep 2021025869.865.35$1,381
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 2021020550.412.81$576
Dec 2020041844.642.68$1,118
Nov 2020040038.772.71$1,083
Oct 2020048336.972.48$1,197
Sep 2020043537.091.99$866
Aug 2020049839.982.39$1,188
Jul 2020052838.371.83$964
Jun 2020058634.901.69$991
May 2020047316.921.81$858
Apr 2020044614.751.80$805
Mar 2020045830.341.86$850
Feb 2020043249.881.98$856
Jan 2020050857.252.09$1,064
Dec 2019044559.012.30$1,025
Nov 2019045055.302.75$1,238
Oct 2019047453.472.42$1,146
Sep 2019048155.052.66$1,278
Aug 2019046053.112.30$1,060
Jul 2019050356.272.46$1,237
Jun 2019044852.782.49$1,116
May 2019045758.482.74$1,252
Apr 2019047962.632.75$1,318
Mar 2019049856.803.06$1,525
Feb 2019046850.852.79$1,307
Jan 2019053446.033.23$1,724
Dec 2018055446.594.19$2,319
Nov 2018055252.934.24$2,339
Oct 2018054461.443.40$1,849
Sep 2018043659.543.11$1,355
Aug 2018054959.403.07$1,684
Jul 2018051265.142.93$1,501
Jun 2018054460.183.08$1,674
May 2018060365.382.90$1,749
Apr 2018057263.842.90$1,659
Mar 2018063261.222.79$1,761
Feb 2018059361.782.77$1,640
Jan 2018055562.874.01$2,225
Dec 2017060657.272.92$1,770
Nov 20177965155.423.12$6,408
Oct 2017170549.292.98$2,153
Sep 2017164447.523.09$2,036
Aug 2017179645.373.00$2,437
Jul 2017077243.873.09$2,383
Jun 2017172942.493.09$2,293
May 2017161045.373.26$2,036
Apr 2017141747.933.21$1,387
Mar 2017057246.772.98$1,707
Feb 2017154850.452.95$1,668
Jan 2017146549.413.42$1,639
Dec 2016050148.763.72$1,865
Nov 2016037042.492.64$978
Oct 2016161346.193.09$1,941
Sep 2016057841.553.10$1,792
Aug 20161053641.442.92$1,982
Jul 2016064041.622.92$1,872
Jun 20163966145.352.69$3,544
May 2016072842.521.99$1,449
Apr 2016065036.561.99$1,294
Mar 2016062533.011.79$1,121
Feb 2016058326.472.06$1,203
Jan 2016056627.352.36$1,338
Dec 2015061132.362.00$1,223
Nov 2015068138.792.17$1,476
Oct 2015075843.552.43$1,839
Sep 201501,00242.992.76$2,764
Aug 2015097440.162.87$2,798
Jul 2015080048.152.95$2,356
Jun 2015061656.152.88$1,776
May 2015065855.212.96$1,945
Apr 2015066549.822.71$1,800
Mar 2015064542.892.93$1,893
Feb 2015072844.662.98$2,167
Jan 2015053643.433.10$1,662
Dec 2014074054.693.59$2,658
Nov 2014064870.464.25$2,755
Oct 2014071678.303.90$2,793
Sep 2014085286.164.05$3,447
Aug 201401,02089.394.04$4,116
Jul 201401,00596.564.18$4,201
Jun 2014096598.164.74$4,571
May 2014071394.734.73$3,370
Apr 2014073195.944.81$3,515
Mar 2014055495.895.06$2,801
Feb 2014056697.406.19$3,505
Jan 2014072790.404.86$3,534
Dec 2013075491.824.35$3,283
Nov 2013072188.853.74$2,695
Oct 2013076197.423.78$2,876
Sep 20130826104.113.72$3,071
Aug 20130974104.253.52$3,431
Jul 201301,007102.523.72$3,744
Jun 2013085194.403.93$3,347
May 2013083994.834.15$3,481
Apr 2013083393.964.28$3,567
Mar 201301,01493.623.91$3,968
Feb 2013075391.233.42$2,575
Jan 2013097991.603.42$3,348
Dec 2012098386.773.42$3,362
Nov 201201,01786.953.62$3,687
Oct 201201,05789.383.40$3,593
Sep 2012083394.672.92$2,431
Aug 20121351,11992.662.91$15,763
Jul 201201,01485.133.02$3,063
Jun 201201,02979.822.52$2,592
May 201201,15091.612.49$2,862
Apr 20120874101.652.00$1,745
Mar 201201,062105.052.22$2,360
Feb 201201,044101.102.57$2,683
Jan 201201,33898.092.73$3,658
Dec 201101,29996.873.24$4,208
Nov 201101,33895.723.31$4,430
Oct 201101,34184.983.65$4,893
Sep 201103,26183.623.99$12,998
Aug 2011010,35783.404.15$42,975
Jul 2011056894.144.52$2,566
Jun 20110092.904.64$0
May 2011086498.134.40$3,806
Apr 20110697105.964.33$3,020
Mar 201101,54196.364.06$6,252
Feb 201101,43585.644.18$5,998
Jan 201101,69786.504.59$7,787
Dec 201001,75685.734.35$7,635
Nov 201001,63180.843.80$6,190
Oct 201006,06178.103.51$21,267
Sep 2010754,95372.633.98$25,158
Aug 201002,04273.684.42$9,024
Jul 201001,99572.554.74$9,449
Jun 201002,07670.364.91$10,194
May 201002,36971.124.24$10,033
Apr 201002,29881.694.12$9,474
Mar 201002,84578.394.39$12,486
Feb 20101463,12573.585.44$27,750
Jan 201005,21274.365.96$31,085
Dec 2009032971.445.48$1,804

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.

Aug 2024 — as filed, then multipliedworked
Condensate            60 bbl  × $ 75.63 =     $4,538
Gas                    0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                   $4,538

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/254790 is the state's own key, not one this site invented.