GALVAN RANCH M12

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 255782District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$89 k
Mar 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
195
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 Gas112010-08-31199339
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
CondensateDisposition71 bbl$5,307
GasProduction24,516 Mcf$84,151
Total$89,458

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 28.0528, -99.6961. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05278, -99.69611 · 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
6,450 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 6,450 ft.

Completions filed
Mar 2010
1 of 1 wells

1 well

42-4794065916,450 ftMar 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 (195)

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

195 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 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 20230168.962.26$2
May 20230070.622.23$0
Apr 20230178.122.24$2
Mar 20230172.852.39$2
Feb 20230175.112.47$2
Jan 20230176.533.39$3
Dec 20220176.415.73$6
Nov 20220085.005.65$0
Oct 20220187.185.86$6
Sep 20220184.888.16$8
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202201115.097.98$8
May 202202109.378.43$17
Apr 202201104.226.84$7
Mar 202201108.885.08$5
Feb 20220191.054.86$5
Jan 20220581.844.54$23
Dec 2021010371.323.90$402
Nov 202103877.435.24$199
Oct 202105779.795.71$326
Sep 202102569.865.35$134
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 202101650.412.81$45
Dec 202002244.642.68$59
Nov 202001738.772.71$46
Oct 202002336.972.48$57
Sep 202002537.091.99$50
Aug 202002539.982.39$60
Jul 202001738.371.83$31
Jun 202002834.901.69$47
May 202002716.921.81$49
Apr 202001814.751.80$32
Mar 2020029330.341.86$544
Feb 2020027649.881.98$547
Jan 2020032557.252.09$681
Dec 2019028559.012.30$657
Nov 2019028755.302.75$789
Oct 2019030453.472.42$735
Sep 2019030855.052.66$818
Aug 2019029453.112.30$677
Jul 2019032156.272.46$790
Jun 2019028752.782.49$715
May 2019029258.482.74$800
Apr 2019030662.632.75$842
Mar 2019031956.803.06$977
Feb 2019030050.852.79$838
Jan 2019034246.033.23$1,104
Dec 2018035446.594.19$1,482
Nov 2018035352.934.24$1,496
Oct 2018034861.443.40$1,183
Sep 2018027959.543.11$867
Aug 2018035159.403.07$1,076
Jul 2018032765.142.93$959
Jun 2018034860.183.08$1,071
May 2018038665.382.90$1,120
Apr 2018036663.842.90$1,062
Mar 2018040461.222.79$1,126
Feb 2018037961.782.77$1,048
Jan 2018035562.874.01$1,423
Dec 2017038757.272.92$1,131
Nov 2017041655.423.12$1,297
Oct 2017045149.292.98$1,346
Sep 2017031447.523.09$969
Aug 2017052045.373.00$1,562
Jul 2017038243.873.09$1,179
Jun 2017010342.493.09$318
May 201706945.373.26$225
Apr 2017011347.933.21$363
Mar 201704046.772.98$119
Feb 201708650.452.95$254
Jan 2017022249.413.42$759
Dec 2016011048.763.72$410
Nov 201605542.492.64$145
Oct 201602246.193.09$68
Sep 201606041.553.10$186
Aug 201609741.442.92$284
Jul 2016012541.622.92$366
Jun 2016016845.352.69$451
May 20160042.521.99$0
Apr 2016012036.561.99$239
Mar 2016020633.011.79$370
Feb 2016011226.472.06$231
Jan 20160027.352.36$0
Dec 20153032.362.00$97
Nov 201503238.792.17$69
Oct 201503543.552.43$85
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 201505248.152.95$153
Jun 2015010956.152.88$314
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201531542.892.93$173
Feb 201504744.662.98$140
Jan 201505343.433.10$164
Dec 201406554.693.59$233
Nov 201409170.464.25$387
Oct 2014010178.303.90$394
Sep 201407486.164.05$299
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140295.944.81$10
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 201407390.404.86$355
Dec 201301491.824.35$61
Nov 201301388.853.74$49
Oct 201303197.423.78$117
Sep 201300104.113.72$0
Aug 201301,750104.253.52$6,165
Jul 20130142102.523.72$528
Jun 20130094.403.93$0
May 20130594.834.15$21
Apr 201302593.964.28$107
Mar 201302993.623.91$113
Feb 20130091.233.42$0
Jan 201302891.603.42$96
Dec 201202386.773.42$79
Nov 201203186.953.62$112
Oct 201203489.383.40$116
Sep 201202294.672.92$64
Aug 2012189592.662.91$1,944
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 2012045101.652.00$90
Mar 2012021105.052.22$47
Feb 2012044101.102.57$113
Jan 201205898.092.73$159
Dec 201104096.873.24$130
Nov 2011010295.723.31$338
Oct 20110484.983.65$15
Sep 20110383.623.99$12
Aug 20110083.404.15$0
Jul 2011010494.144.52$470
Jun 201101692.904.64$74
May 201104198.134.40$181
Apr 20110827105.964.33$3,584
Mar 2011027496.364.06$1,112
Feb 2011036785.644.18$1,534
Jan 2011052886.504.59$2,423
Dec 2010048585.734.35$2,109
Nov 2010031580.843.80$1,196
Oct 2010020178.103.51$705
Sep 20104729672.633.98$4,592
Aug 2010030973.684.42$1,366
Jul 2010020172.554.74$952
Jun 2010016770.364.91$820
May 2010045571.124.24$1,927
Apr 201001,06881.694.12$4,403
Mar 201002,12778.394.39$9,335

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.

Jun 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 68.96 =         $0
Gas                    1 Mcf  × $  2.26 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/255782 is the state's own key, not one this site invented.