GALVAN L

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 254901District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$712 k
Nov 2009 – May 2026
Value, last 12 filed months
$836
at the published price for each month
Months reported
199
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 Gas112010-08-31199356
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
CondensateDisposition265 bbl$18,459
GasProduction171,091 Mcf$693,615
Total$712,075

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 28.0264, -99.6636. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02639, -99.66361 · 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
6,750 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 6,750 ft.

Completions filed
Nov 2009
1 of 1 wells

1 well

42-4794055236,750 ftNov 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 (199)

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

199 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202602689.753.15$82
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 2025024562.743.08$754
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025019860.553.23$640
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 2023010475.112.47$256
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 2021019169.865.35$1,022
Aug 2021021866.024.22$920
Jul 2021023270.783.98$924
Jun 2021020269.493.38$683
May 2021022563.483.02$679
Apr 2021020860.362.76$574
Mar 2021021061.302.72$571
Feb 2021016157.805.55$893
Jan 2021021950.412.81$615
Dec 2020021244.642.68$567
Nov 2020018738.772.71$506
Oct 2020023336.972.48$577
Sep 2020022337.091.99$444
Aug 2020023439.982.39$558
Jul 2020023538.371.83$429
Jun 2020022534.901.69$380
May 2020023016.921.81$417
Apr 2020024814.751.80$447
Mar 2020030830.341.86$572
Feb 2020029149.881.98$576
Jan 2020034257.252.09$716
Dec 2019029959.012.30$689
Nov 2019030255.302.75$831
Oct 2019031953.472.42$772
Sep 2019032455.052.66$861
Aug 2019031053.112.30$714
Jul 2019033856.272.46$832
Jun 2019030252.782.49$752
May 2019030758.482.74$841
Apr 2019032262.632.75$886
Mar 2019033556.803.06$1,026
Feb 2019031550.852.79$880
Jan 2019036046.033.23$1,162
Dec 2018037346.594.19$1,561
Nov 2018037252.934.24$1,576
Oct 2018036661.443.40$1,244
Sep 2018029459.543.11$914
Aug 2018036959.403.07$1,132
Jul 2018034465.142.93$1,009
Jun 2018036660.183.08$1,126
May 2018040665.382.90$1,178
Apr 2018038563.842.90$1,117
Mar 2018042661.222.79$1,187
Feb 2018039961.782.77$1,104
Jan 2018037362.874.01$1,495
Dec 2017040857.272.92$1,192
Nov 2017343855.423.12$1,532
Oct 2017247549.292.98$1,516
Sep 2017243147.523.09$1,426
Aug 2017251445.373.00$1,635
Jul 2017048943.873.09$1,510
Jun 2017252142.493.09$1,693
May 2017245845.373.26$1,585
Apr 2017248747.933.21$1,660
Mar 2017013246.772.98$394
Feb 2017216050.452.95$573
Jan 2017739549.413.42$1,696
Dec 2016037248.763.72$1,385
Nov 2016041042.492.64$1,084
Oct 2016167846.193.09$2,141
Sep 2016082941.553.10$2,570
Aug 2016163741.442.92$1,904
Jul 2016580541.622.92$2,562
Jun 2016060445.352.69$1,622
May 2016085442.521.99$1,700
Apr 2016579436.561.99$1,764
Mar 2016095233.011.79$1,708
Feb 2016592326.472.06$2,037
Jan 2016098327.352.36$2,324
Dec 2015484632.362.00$1,823
Nov 2015033738.792.17$730
Oct 2015237543.552.43$997
Sep 2015031242.992.76$861
Aug 2015230440.162.87$954
Jul 2015029948.152.95$881
Jun 2015029656.152.88$853
May 2015245155.212.96$1,443
Apr 2015045549.822.71$1,231
Mar 2015451342.892.93$1,677
Feb 2015075344.662.98$2,241
Jan 2015465943.433.10$2,217
Dec 2014081754.693.59$2,934
Nov 2014481370.464.25$3,739
Oct 2014089878.303.90$3,503
Sep 2014340786.164.05$1,905
Aug 2014083489.394.04$3,365
Jul 2014082496.564.18$3,444
Jun 2014379098.164.74$4,037
May 2014081394.734.73$3,843
Apr 2014392695.944.81$4,741
Mar 2014059895.895.06$3,024
Feb 2014356997.406.19$3,815
Jan 2014061590.404.86$2,989
Dec 2013054091.824.35$2,351
Nov 2013097988.853.74$3,660
Oct 2013089197.423.78$3,367
Sep 20130788104.113.72$2,930
Aug 20130868104.253.52$3,058
Jul 20130862102.523.72$3,205
Jun 2013087094.403.93$3,422
May 2013099694.834.15$4,132
Apr 201301,14093.964.28$4,882
Mar 2013097393.623.91$3,807
Feb 2013062091.233.42$2,120
Jan 2013094091.603.42$3,215
Dec 201201,15386.773.42$3,943
Nov 201201,18786.953.62$4,303
Oct 201201,31389.383.40$4,464
Sep 201201,22894.672.92$3,584
Aug 201201,42692.662.91$4,147
Jul 201201,39885.133.02$4,223
Jun 201201,45179.822.52$3,655
May 201231,42591.612.49$3,821
Apr 201201,581101.652.00$3,157
Mar 201201,653105.052.22$3,673
Feb 201201,840101.102.57$4,729
Jan 201201,82698.092.73$4,992
Dec 201102,12996.873.24$6,897
Nov 201172,48195.723.31$8,885
Oct 201102,50084.983.65$9,121
Sep 201102,96783.623.99$11,826
Aug 20110083.404.15$0
Jul 2011075394.144.52$3,401
Jun 20110092.904.64$0
May 201141,44198.134.40$6,740
Apr 201101,053105.964.33$4,563
Mar 201182,36096.364.06$10,346
Feb 201102,86185.644.18$11,959
Jan 201131,20386.504.59$5,780
Dec 201032,20885.734.35$9,857
Nov 201001,95780.843.80$7,427
Oct 201042,10978.103.51$7,713
Sep 201012,22572.633.98$8,927
Aug 201042,71573.684.42$12,293
Jul 201042,68572.554.74$13,008
Jun 201002,82070.364.91$13,847
May 201072,47471.124.24$10,976
Apr 201042,05281.694.12$8,787
Mar 2010103,43878.394.39$15,872
Feb 2010253,17273.585.44$19,103
Jan 20103817,17674.365.96$105,265
Dec 20096519,22171.445.48$110,047
Nov 2009017,17774.593.75$64,440

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                   26 Mcf  × $  3.15 =        $82

────────────────────────────────────────────────────
Month total                                      $82

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/254901 is the state's own key, not one this site invented.