GALVAN RANCH N12

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 254904District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$845 k
Aug 2009 – May 2026
Value, last 12 filed months
$8 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 Gas112010-08-31199346
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
CondensateDisposition297 bbl$20,692
GasProduction216,903 Mcf$824,454
Total$845,146

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, -99.6556. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03000, -99.65556 · 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
6,800 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 6,800 ft.

Completions filed
Aug 2009
1 of 1 wells

1 well

42-4794054836,800 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 2026096106.413.05$292
Apr 2026013598.932.87$387
Mar 2026016489.753.15$517
Feb 2026012263.503.75$458
Jan 2026013059.138.00$1,040
Dec 2025014156.664.41$622
Nov 2025016158.593.93$632
Oct 2025019759.383.30$651
Sep 2025035662.743.08$1,095
Aug 2025021563.933.01$648
Jul 2025020366.743.32$673
Jun 2025020366.483.13$635
May 2025028860.553.23$931
Apr 2025023762.363.54$840
Mar 2025025267.704.27$1,076
Feb 2025029370.884.34$1,272
Jan 2025025374.324.28$1,083
Dec 2024028068.993.12$874
Nov 2024020169.052.20$442
Oct 2024028071.372.28$639
Sep 2024026369.612.36$622
Aug 2024027175.632.06$559
Jul 2024027779.932.15$595
Jun 2024026578.082.63$698
May 2024024678.812.20$541
Apr 2024026484.451.66$438
Mar 2024027780.301.55$428
Feb 2024031076.091.78$553
Jan 2024026173.023.30$861
Dec 2023027471.262.61$715
Nov 2023026677.892.81$747
Oct 2023023185.443.09$713
Sep 2023024689.042.74$673
Aug 2023024680.522.67$658
Jul 2023024274.852.64$639
Jun 2023023668.962.26$533
May 2023028770.622.23$639
Apr 2023026178.122.24$584
Mar 2023028772.852.39$687
Feb 2023024375.112.47$599
Jan 2023023276.533.39$786
Dec 2022033576.415.73$1,919
Nov 2022033185.005.65$1,869
Oct 2022028187.185.86$1,648
Sep 2022028084.888.16$2,286
Aug 2022023794.529.13$2,163
Jul 20220311101.587.54$2,346
Jun 20220327115.097.98$2,609
May 20220305109.378.43$2,572
Apr 20220364104.226.84$2,489
Mar 20220379108.885.08$1,924
Feb 2022032791.054.86$1,589
Jan 2022039881.844.54$1,806
Dec 2021042871.323.90$1,669
Nov 2021044277.435.24$2,315
Oct 2021042679.795.71$2,434
Sep 2021036169.865.35$1,932
Aug 2021041266.024.22$1,739
Jul 2021043870.783.98$1,744
Jun 2021038269.493.38$1,291
May 2021042563.483.02$1,283
Apr 2021039360.362.76$1,084
Mar 2021039661.302.72$1,076
Feb 2021030557.805.55$1,692
Jan 2021041450.412.81$1,163
Dec 2020040044.642.68$1,070
Nov 2020035538.772.71$961
Oct 2020043936.972.48$1,088
Sep 2020042137.091.99$838
Aug 2020044139.982.39$1,052
Jul 2020044438.371.83$810
Jun 2020042434.901.69$717
May 2020043416.921.81$788
Apr 2020046814.751.80$844
Mar 2020032930.341.86$611
Feb 2020031049.881.98$614
Jan 2020036557.252.09$765
Dec 2019032059.012.30$737
Nov 2019032355.302.75$888
Oct 2019034153.472.42$825
Sep 2019034655.052.66$919
Aug 2019033153.112.30$763
Jul 2019036156.272.46$888
Jun 2019032252.782.49$802
May 2019032858.482.74$899
Apr 2019034462.632.75$946
Mar 2019035856.803.06$1,096
Feb 2019033750.852.79$941
Jan 2019038446.033.23$1,240
Dec 2018039846.594.19$1,666
Nov 2018039752.934.24$1,682
Oct 2018339161.443.40$1,513
Sep 2018031459.543.11$976
Aug 2018039559.403.07$1,211
Jul 2018036865.142.93$1,079
Jun 2018039160.183.08$1,203
May 2018043465.382.90$1,259
Apr 2018041163.842.90$1,192
Mar 2018045561.222.79$1,268
Feb 2018042761.782.77$1,181
Jan 2018039962.874.01$1,600
Dec 2017043657.272.92$1,274
Nov 2017046855.423.12$1,459
Oct 2017250749.292.98$1,611
Sep 2017244547.523.09$1,469
Aug 2017238545.373.00$1,247
Jul 2017036143.873.09$1,115
Jun 2017232942.493.09$1,101
May 2017240145.373.26$1,399
Apr 2017235547.933.21$1,236
Mar 2017041346.772.98$1,232
Feb 2017251850.452.95$1,630
Jan 2017751449.413.42$2,103
Dec 2016033448.763.72$1,243
Nov 2016044242.492.64$1,169
Oct 2016162546.193.09$1,978
Sep 2016076441.553.10$2,369
Aug 2016144041.442.92$1,328
Jul 2016540941.622.92$1,404
Jun 2016027545.352.69$739
May 2016031442.521.99$625
Apr 2016567136.561.99$1,519
Mar 2016092333.011.79$1,656
Feb 2016589426.472.06$1,977
Jan 2016095127.352.36$2,249
Dec 2015567232.362.00$1,507
Nov 2015090138.792.17$1,953
Oct 201551,00243.552.43$2,649
Sep 2015094642.992.76$2,609
Aug 2015692040.162.87$2,884
Jul 2015099048.152.95$2,916
Jun 201501,07056.152.88$3,085
May 201561,27655.212.96$4,102
Apr 201501,28949.822.71$3,489
Mar 201571,02442.892.93$3,305
Feb 201501,43444.662.98$4,268
Jan 201581,22243.433.10$4,136
Dec 201401,52854.693.59$5,488
Nov 201471,34170.464.25$6,195
Oct 201401,48178.303.90$5,777
Sep 2014101,55186.164.05$7,136
Aug 201402,64489.394.04$10,669
Jul 201402,61096.564.18$10,909
Jun 201482,50398.164.74$12,642
May 201401,77294.734.73$8,375
Apr 201482,11095.944.81$10,915
Mar 201402,09895.895.06$10,609
Feb 201461,63897.406.19$10,727
Jan 201402,27190.404.86$11,039
Dec 201301,61591.824.35$7,032
Nov 201301,57888.853.74$5,899
Oct 201301,48497.423.78$5,609
Sep 201301,393104.113.72$5,179
Aug 201301,458104.253.52$5,136
Jul 201301,551102.523.72$5,766
Jun 201301,51494.403.93$5,955
May 201301,69494.834.15$7,029
Apr 201301,37093.964.28$5,867
Mar 2013019693.623.91$767
Feb 2013027291.233.42$930
Jan 201301,45591.603.42$4,976
Dec 201201,73886.773.42$5,944
Nov 201201,51486.953.62$5,488
Oct 201201,62889.383.40$5,535
Sep 201201,86394.672.92$5,437
Aug 201202,33992.662.91$6,802
Jul 201201,22485.133.02$3,697
Jun 20120079.822.52$0
May 201231,45891.612.49$3,903
Apr 201201,769101.652.00$3,532
Mar 201202,221105.052.22$4,935
Feb 201202,274101.102.57$5,845
Jan 201201,93998.092.73$5,301
Dec 201101,94296.873.24$6,292
Nov 201171,84795.723.31$6,786
Oct 201102,25884.983.65$8,238
Sep 201102,93583.623.99$11,698
Aug 20110083.404.15$0
Jul 201101,92894.144.52$8,709
Jun 20110092.904.64$0
May 201151,79198.134.40$8,380
Apr 201101,127105.964.33$4,884
Mar 201192,01696.364.06$9,047
Feb 201102,62485.644.18$10,968
Jan 201153,08286.504.59$14,575
Dec 201053,22185.734.35$14,433
Nov 201002,96080.843.80$11,234
Oct 201052,97778.103.51$10,836
Sep 201013,11272.633.98$12,457
Aug 201053,49973.684.42$15,832
Jul 201063,56572.554.74$17,321
Jun 201003,65270.364.91$17,933
May 2010133,99871.124.24$17,857
Apr 201064,01781.694.12$17,051
Mar 2010134,45478.394.39$20,566
Feb 2010124,39173.585.44$24,780
Jan 2010114,92574.365.96$30,191
Dec 2009215,44671.445.48$31,365
Nov 200996,03374.593.75$23,304
Oct 2009267,78872.544.11$33,897
Sep 20091815,20765.543.06$47,785
Aug 20090067.423.22$0

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                   96 Mcf  × $  3.05 =       $292

────────────────────────────────────────────────────
Month total                                     $292

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/254904 is the state's own key, not one this site invented.