GALVAN RANCH L4

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 255212District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Jan 2010 – May 2026
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
197
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 Gas112010-08-31199342
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
CondensateDisposition289 bbl$20,713
GasProduction392,026 Mcf$1,481,744
Total$1,502,457

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 28.0231, -99.7249. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02312, -99.72494 · 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
6,350 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 6,350 ft.

Completions filed
Jan 2010
1 of 1 wells

1 well

42-4794071036,350 ftJan 2010

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 (197)

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

197 months

May 20260845106.413.05$2,574
Apr 2026072598.932.87$2,081
Mar 2026082189.753.15$2,586
Feb 2026056963.503.75$2,134
Jan 2026061659.138.00$4,927
Dec 2025064856.664.41$2,860
Nov 2025044458.593.93$1,743
Oct 2025057359.383.30$1,894
Sep 20250062.743.08$0
Aug 2025067863.933.01$2,044
Jul 2025052866.743.32$1,750
Jun 2025052866.483.13$1,652
May 20250060.553.23$0
Apr 2025058762.363.54$2,080
Mar 2025063067.704.27$2,689
Feb 2025067070.884.34$2,908
Jan 2025049674.324.28$2,122
Dec 2024049768.993.12$1,551
Nov 2024078969.052.20$1,735
Oct 2024073571.372.28$1,677
Sep 2024065769.612.36$1,553
Aug 2024070175.632.06$1,447
Jul 2024063279.932.15$1,357
Jun 2024070178.082.63$1,846
May 2024061278.812.20$1,345
Apr 2024056584.451.66$937
Mar 2024076580.301.55$1,182
Feb 2024080076.091.78$1,427
Jan 2024078173.023.30$2,575
Dec 2023071171.262.61$1,856
Nov 2023074677.892.81$2,094
Oct 2023068285.443.09$2,106
Sep 2023077489.042.74$2,117
Aug 2023077480.522.67$2,069
Jul 2023087174.852.64$2,301
Jun 2023072668.962.26$1,640
May 2023088570.622.23$1,971
Apr 2023077978.122.24$1,743
Mar 2023088572.852.39$2,118
Feb 2023085975.112.47$2,118
Jan 202301,14676.533.39$3,882
Dec 2022090276.415.73$5,168
Nov 2022095685.005.65$5,398
Oct 2022085987.185.86$5,037
Sep 2022093384.888.16$7,617
Aug 2022093594.529.13$8,534
Jul 20220954101.587.54$7,195
Jun 202201,075115.097.98$8,575
May 202201,021109.378.43$8,610
Apr 202201,039104.226.84$7,104
Mar 202201,286108.885.08$6,528
Feb 2022093991.054.86$4,562
Jan 202201,20281.844.54$5,454
Dec 202101,12671.323.90$4,390
Nov 202101,11277.435.24$5,823
Oct 202101,21879.795.71$6,959
Sep 202101,11669.865.35$5,972
Aug 202101,16366.024.22$4,909
Jul 202101,16070.783.98$4,619
Jun 202101,11669.493.38$3,773
May 202101,17863.483.02$3,555
Apr 202101,25560.362.76$3,462
Mar 202101,26461.302.72$3,434
Feb 2021098657.805.55$5,470
Jan 202101,26350.412.81$3,549
Dec 202001,32644.642.68$3,548
Nov 202001,11638.772.71$3,021
Oct 202001,36836.972.48$3,390
Sep 202001,32337.091.99$2,634
Aug 202001,41039.982.39$3,363
Jul 202001,33338.371.83$2,433
Jun 202001,25234.901.69$2,116
May 202001,30816.921.81$2,374
Apr 202001,21214.751.80$2,187
Mar 2020062330.341.86$1,156
Feb 2020058749.881.98$1,163
Jan 2020069157.252.09$1,447
Dec 2019060559.012.30$1,394
Nov 2019061255.302.75$1,683
Oct 2019064553.472.42$1,560
Sep 2019065455.052.66$1,738
Aug 2019062653.112.30$1,443
Jul 2019068456.272.46$1,683
Jun 2019061052.782.49$1,520
May 2019062158.482.74$1,702
Apr 2019065162.632.75$1,791
Mar 2019067756.803.06$2,073
Feb 2019063750.852.79$1,779
Jan 2019072746.033.23$2,347
Dec 2018075346.594.19$3,152
Nov 2018075152.934.24$3,182
Oct 2018073961.443.40$2,511
Sep 2018059359.543.11$1,843
Aug 2018074659.403.07$2,288
Jul 2018069665.142.93$2,041
Jun 2018074060.183.08$2,277
May 2018082165.382.90$2,382
Apr 2018077863.842.90$2,257
Mar 2018086061.222.79$2,397
Feb 2018080761.782.77$2,232
Jan 2018075462.874.01$3,023
Dec 2017082457.272.92$2,407
Nov 2017888555.423.12$3,203
Oct 2017195949.292.98$2,911
Sep 2017174747.523.09$2,354
Aug 2017196645.373.00$2,948
Jul 201701,06543.873.09$3,288
Jun 201711,26942.493.09$3,960
May 201711,41645.373.26$4,666
Apr 201711,34147.933.21$4,355
Mar 201701,48846.772.98$4,440
Feb 201711,20850.452.95$3,617
Jan 201721,44949.413.42$5,053
Dec 201601,66948.763.72$6,213
Nov 201601,67042.492.64$4,416
Oct 2016121,07146.193.09$3,864
Sep 201601,04141.553.10$3,228
Aug 201621,75441.442.92$5,212
Jul 201601,80741.622.92$5,284
Jun 201611,61645.352.69$4,386
May 2016111,92642.521.99$4,302
Apr 201601,68636.561.99$3,357
Mar 201601,53833.011.79$2,759
Feb 2016121,67426.472.06$3,772
Jan 201601,74227.352.36$4,119
Dec 201591,88832.362.00$4,070
Nov 201501,88338.792.17$4,081
Oct 201502,05443.552.43$4,984
Sep 2015999842.992.76$3,140
Aug 2015097440.162.87$2,798
Jul 201501,07748.152.95$3,172
Jun 201501,21456.152.88$3,500
May 201592,14555.212.96$6,836
Apr 201502,17949.822.71$5,898
Mar 201501,61442.892.93$4,737
Feb 2015102,12044.662.98$6,756
Jan 201501,74243.433.10$5,401
Dec 201402,26454.693.59$8,131
Nov 201402,26370.464.25$9,622
Oct 2014102,50178.303.90$10,539
Sep 201482,38686.164.05$10,342
Aug 201402,22789.394.04$8,986
Jul 201402,20996.564.18$9,233
Jun 201402,10598.164.74$9,971
May 201402,47694.734.73$11,703
Apr 201492,48495.944.81$12,809
Mar 201482,24695.895.06$12,125
Feb 201402,28697.406.19$14,155
Jan 201402,64490.404.86$12,852
Dec 201302,59291.824.35$11,287
Nov 201302,02688.853.74$7,574
Oct 201302,43597.423.78$9,203
Sep 201302,188104.113.72$8,134
Aug 201302,267104.253.52$7,986
Jul 201301,835102.523.72$6,822
Jun 201301,94094.403.93$7,631
May 201302,67394.834.15$11,090
Apr 201302,79793.964.28$11,978
Mar 201302,94193.623.91$11,508
Feb 201302,75591.233.42$9,422
Jan 201302,69791.603.42$9,224
Dec 201203,12586.773.42$10,688
Nov 201203,17786.953.62$11,517
Oct 201203,38189.383.40$11,494
Sep 201203,12694.672.92$9,123
Aug 201203,62092.662.91$10,528
Jul 201203,80385.133.02$11,488
Jun 201203,89279.822.52$9,804
May 201284,03691.612.49$10,776
Apr 201204,407101.652.00$8,800
Mar 201204,879105.052.22$10,842
Feb 201204,650101.102.57$11,952
Jan 2012105,54598.092.73$16,141
Dec 201106,25796.873.24$20,271
Nov 2011107,49695.723.31$25,779
Oct 201163,00484.983.65$11,470
Sep 201107,11683.623.99$28,363
Aug 201101,10283.404.15$4,573
Jul 20110094.144.52$0
Jun 201183,33892.904.64$16,231
May 2011923098.134.40$1,896
Apr 201103,306105.964.33$14,326
Mar 2011105,17196.364.06$21,944
Feb 201195,50485.644.18$23,777
Jan 2011175,87886.504.59$28,443
Dec 201005,52385.734.35$24,013
Nov 201005,93780.843.80$22,533
Oct 201005,99978.103.51$21,050
Sep 201086,14472.633.98$25,031
Aug 201007,08573.684.42$31,311
Jul 201087,42872.554.74$35,763
Jun 201007,77970.364.91$38,198
May 2010108,39171.124.24$36,249
Apr 2010118,30681.694.12$35,142
Mar 20101310,80678.394.39$48,443
Feb 20101512,62373.585.44$69,803
Jan 20101016,20174.365.96$97,368

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                  845 Mcf  × $  3.05 =     $2,574

────────────────────────────────────────────────────
Month total                                   $2,574

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/255212 is the state's own key, not one this site invented.