GALVAN RANCH K16

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 255071District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Dec 2009 – May 2026
Value, last 12 filed months
$20 k
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 Gas112010-09-21199351
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
CondensateDisposition619 bbl$45,013
GasProduction253,025 Mcf$955,518
Total$1,000,530

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 28.0397, -99.7067. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03972, -99.70667 · 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
6,440 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 6,440 ft.

Completions filed
Dec 2009
1 of 1 wells

1 well

42-4794064316,440 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 20260585106.413.05$1,782
Apr 2026050198.932.87$1,438
Mar 2026053789.753.15$1,691
Feb 2026039463.503.75$1,478
Jan 2026042659.138.00$3,407
Dec 2025044856.664.41$1,977
Nov 2025030758.593.93$1,205
Oct 2025039659.383.30$1,309
Sep 2025046962.743.08$1,443
Aug 2025046963.933.01$1,414
Jul 2025040666.743.32$1,346
Jun 2025040666.483.13$1,270
May 2025040660.553.23$1,312
Apr 2025040662.363.54$1,439
Mar 2025043667.704.27$1,861
Feb 2025046470.884.34$2,014
Jan 2025034374.324.28$1,468
Dec 2024034468.993.12$1,074
Nov 2024054669.052.20$1,200
Oct 2024050971.372.28$1,161
Sep 2024045569.612.36$1,076
Aug 2024048575.632.06$1,001
Jul 2024043879.932.15$940
Jun 2024048678.082.63$1,280
May 2024042378.812.20$930
Apr 2024039184.451.66$649
Mar 2024052980.301.55$817
Feb 2024055476.091.78$988
Jan 2024054073.023.30$1,781
Dec 2023049271.262.61$1,284
Nov 2023051677.892.81$1,449
Oct 2023047285.443.09$1,457
Sep 2023053689.042.74$1,466
Aug 2023053680.522.67$1,433
Jul 2023060374.852.64$1,593
Jun 2023050268.962.26$1,134
May 2023061370.622.23$1,365
Apr 2023053978.122.24$1,206
Mar 2023061372.852.39$1,467
Feb 2023059575.112.47$1,467
Jan 2023079376.533.39$2,686
Dec 2022062476.415.73$3,575
Nov 2022066285.005.65$3,738
Oct 2022059587.185.86$3,489
Sep 2022064684.888.16$5,274
Aug 2022064794.529.13$5,905
Jul 20220660101.587.54$4,978
Jun 20220744115.097.98$5,935
May 20220707109.378.43$5,962
Apr 20220719104.226.84$4,916
Mar 20220890108.885.08$4,518
Feb 2022065091.054.86$3,158
Jan 2022083281.844.54$3,775
Dec 2021078071.323.90$3,041
Nov 2021077077.435.24$4,032
Oct 2021084379.795.71$4,817
Sep 2021051569.865.35$2,756
Aug 2021053766.024.22$2,266
Jul 2021053570.783.98$2,130
Jun 2021051569.493.38$1,741
May 2021054463.483.02$1,642
Apr 2021057960.362.76$1,597
Mar 2021058361.302.72$1,584
Feb 2021045557.805.55$2,524
Jan 2021068350.412.81$1,919
Dec 2020093444.642.68$2,499
Nov 2020080838.772.71$2,187
Oct 2020069636.972.48$1,725
Sep 2020075137.091.99$1,495
Aug 2020076539.982.39$1,825
Jul 2020067838.371.83$1,237
Jun 2020050734.901.69$857
May 2020055016.921.81$998
Apr 2020044314.751.80$799
Mar 2020066430.341.86$1,233
Feb 2020062649.881.98$1,240
Jan 2020073757.252.09$1,544
Dec 2019064559.012.30$1,486
Nov 2019065355.302.75$1,796
Oct 2019068853.472.42$1,664
Sep 2019069855.052.66$1,855
Aug 2019066853.112.30$1,539
Jul 2019072956.272.46$1,793
Jun 2019065052.782.49$1,619
May 2019066258.482.74$1,814
Apr 2019069562.632.75$1,912
Mar 2019072356.803.06$2,214
Feb 2019067950.852.79$1,896
Jan 2019277546.033.23$2,594
Dec 2018080446.594.19$3,365
Nov 2018080152.934.24$3,394
Oct 2018078961.443.40$2,681
Sep 2018063359.543.11$1,967
Aug 2018079659.403.07$2,441
Jul 2018074265.142.93$2,175
Jun 2018079060.183.08$2,431
May 2018087665.382.90$2,541
Apr 2018083063.842.90$2,408
Mar 2018091861.222.79$2,558
Feb 2018086061.782.77$2,379
Jan 2018080562.874.01$3,228
Dec 2017087957.272.92$2,568
Nov 2017094455.423.12$2,944
Oct 2017044249.292.98$1,319
Sep 2017044047.523.09$1,358
Aug 2017042745.373.00$1,283
Jul 2017043743.873.09$1,349
Jun 2017452942.493.09$1,803
May 2017043445.373.26$1,416
Apr 2017045847.933.21$1,471
Mar 2017244446.772.98$1,418
Feb 2017050150.452.95$1,479
Jan 20171548749.413.42$2,406
Dec 20161748748.763.72$2,642
Nov 2016073742.492.64$1,949
Oct 2016244846.193.09$1,477
Sep 2016089341.553.10$2,769
Aug 201621,12041.442.92$3,358
Jul 201601,12441.622.92$3,287
Jun 201611,31145.352.69$3,566
May 2016371,05342.521.99$3,670
Apr 201601,31836.561.99$2,624
Mar 201601,33133.011.79$2,388
Feb 201601,24926.472.06$2,577
Jan 201602,17327.352.36$5,138
Dec 2015241,37232.362.00$3,523
Nov 201501,47838.792.17$3,203
Oct 201501,64543.552.43$3,992
Sep 201501,43942.992.76$3,969
Aug 201501,45140.162.87$4,168
Jul 201501,29048.152.95$3,799
Jun 2015221,14656.152.88$4,539
May 201501,83255.212.96$5,414
Apr 201501,86449.822.71$5,045
Mar 2015047542.892.93$1,394
Feb 20152185444.662.98$3,480
Jan 2015082043.433.10$2,543
Dec 201401,56154.693.59$5,606
Nov 201401,55370.464.25$6,603
Oct 201401,71678.303.90$6,694
Sep 2014261,64086.164.05$8,875
Aug 201401,80789.394.04$7,291
Jul 201401,79496.564.18$7,498
Jun 201401,70898.164.74$8,091
May 2014241,74894.734.73$10,536
Apr 201401,67195.944.81$8,036
Mar 201401,61295.895.06$8,152
Feb 201401,59697.406.19$9,882
Jan 201401,73490.404.86$8,428
Dec 201301,64891.824.35$7,176
Nov 201301,57288.853.74$5,877
Oct 201301,68597.423.78$6,368
Sep 2013191,696104.113.72$8,283
Aug 201301,789104.253.52$6,302
Jul 201301,716102.523.72$6,380
Jun 201301,58794.403.93$6,242
May 201301,80394.834.15$7,481
Apr 201301,89493.964.28$8,111
Mar 201301,77493.623.91$6,941
Feb 201301,58291.233.42$5,410
Jan 201301,80191.603.42$6,159
Dec 201201,97086.773.42$6,738
Nov 201201,90386.953.62$6,898
Oct 201202,18289.383.40$7,418
Sep 201202,01494.672.92$5,878
Aug 2012182,16892.662.91$7,973
Jul 201202,05585.133.02$6,208
Jun 2012202,02279.822.52$6,690
May 201202,27491.612.49$5,658
Apr 201202,038101.652.00$4,069
Mar 201202,697105.052.22$5,993
Feb 201202,545101.102.57$6,541
Jan 201202,67598.092.73$7,314
Dec 201102,89396.873.24$9,373
Nov 2011252,56995.723.31$10,900
Oct 201103,40284.983.65$12,412
Sep 201102,76983.623.99$11,037
Aug 2011222,78083.404.15$13,370
Jul 201101,34694.144.52$6,080
Jun 2011161,62292.904.64$9,012
May 2011152,48298.134.40$12,405
Apr 201101,955105.964.33$8,472
Mar 2011122,82596.364.06$12,618
Feb 201102,65285.644.18$11,085
Jan 2011102,98786.504.59$14,572
Dec 2010112,91685.734.35$13,621
Nov 2010133,06580.843.80$12,684
Oct 201003,27378.103.51$11,485
Sep 201003,29072.633.98$13,092
Aug 2010173,67873.684.42$17,507
Jul 2010173,76372.554.74$19,057
Jun 2010203,73370.364.91$19,738
May 2010224,02671.124.24$18,616
Apr 201004,20981.694.12$17,352
Mar 2010254,44978.394.39$21,485
Feb 2010204,95873.585.44$28,455
Jan 2010236,50274.365.96$40,489
Dec 20099510,62771.445.48$65,063

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                  585 Mcf  × $  3.05 =     $1,782

────────────────────────────────────────────────────
Month total                                   $1,782

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/255071 is the state's own key, not one this site invented.