GALVAN RANCH J7

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 255905District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Jan 2010 – May 2026
Value, last 12 filed months
$21 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 Gas112010-08-31199350
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
CondensateDisposition144 bbl$11,125
GasProduction332,685 Mcf$1,262,708
Total$1,273,833

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 28.0152, -99.7254. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01517, -99.72535 · 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
6,425 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 6,425 ft.

Completions filed
Jan 2010
1 of 1 wells

1 well

42-4794072236,425 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 20260617106.413.05$1,879
Apr 2026052998.932.87$1,518
Mar 2026057189.753.15$1,798
Feb 2026041663.503.75$1,560
Jan 2026045059.138.00$3,599
Dec 2025047356.664.41$2,088
Nov 2025032558.593.93$1,276
Oct 2025041959.383.30$1,385
Sep 2025049562.743.08$1,523
Aug 2025049563.933.01$1,492
Jul 2025042966.743.32$1,422
Jun 2025042966.483.13$1,342
May 2025042960.553.23$1,387
Apr 2025042962.363.54$1,520
Mar 2025046067.704.27$1,963
Feb 2025049070.884.34$2,127
Jan 2025036374.324.28$1,553
Dec 2024036368.993.12$1,133
Nov 2024057769.052.20$1,269
Oct 2024053771.372.28$1,225
Sep 2024048169.612.36$1,137
Aug 2024051275.632.06$1,057
Jul 2024046279.932.15$992
Jun 2024051278.082.63$1,349
May 2024044778.812.20$983
Apr 2024041384.451.66$685
Mar 2024055980.301.55$864
Feb 2024058476.091.78$1,042
Jan 2024057073.023.30$1,880
Dec 2023051971.262.61$1,355
Nov 2023054477.892.81$1,527
Oct 2023049985.443.09$1,541
Sep 2023056589.042.74$1,545
Aug 2023056580.522.67$1,510
Jul 2023063674.852.64$1,680
Jun 2023053068.962.26$1,197
May 2023064770.622.23$1,441
Apr 2023056978.122.24$1,273
Mar 2023064772.852.39$1,548
Feb 2023062775.112.47$1,546
Jan 2023083876.533.39$2,839
Dec 2022065976.415.73$3,775
Nov 2022069885.005.65$3,941
Oct 2022062887.185.86$3,682
Sep 2022068284.888.16$5,568
Aug 2022068394.529.13$6,234
Jul 20220697101.587.54$5,257
Jun 20220786115.097.98$6,270
May 20220746109.378.43$6,291
Apr 20220759104.226.84$5,190
Mar 20220940108.885.08$4,772
Feb 2022068691.054.86$3,333
Jan 2022087881.844.54$3,984
Dec 2021082371.323.90$3,209
Nov 2021081377.435.24$4,258
Oct 2021089079.795.71$5,085
Sep 2021058069.865.35$3,104
Aug 2021060466.024.22$2,549
Jul 2021060270.783.98$2,397
Jun 2021058069.493.38$1,961
May 2021061263.483.02$1,847
Apr 2021065160.362.76$1,796
Mar 2021065661.302.72$1,782
Feb 2021051257.805.55$2,841
Jan 2021065050.412.81$1,827
Dec 2020067544.642.68$1,806
Nov 2020078138.772.71$2,114
Oct 2020066836.972.48$1,656
Sep 2020075337.091.99$1,499
Aug 2020083339.982.39$1,987
Jul 2020088938.371.83$1,623
Jun 2020076734.901.69$1,296
May 2020084316.921.81$1,530
Apr 2020087114.751.80$1,572
Mar 2020025830.341.86$479
Feb 2020024449.881.98$483
Jan 2020028757.252.09$601
Dec 2019025159.012.30$578
Nov 2019025455.302.75$699
Oct 2019026753.472.42$646
Sep 2019027155.052.66$720
Aug 2019026053.112.30$599
Jul 2019028456.272.46$699
Jun 2019025352.782.49$630
May 2019025858.482.74$707
Apr 2019027062.632.75$743
Mar 2019028156.803.06$860
Feb 2019026450.852.79$737
Jan 2019030246.033.23$975
Dec 2018031346.594.19$1,310
Nov 2018031152.934.24$1,318
Oct 2018030761.443.40$1,043
Sep 2018024659.543.11$765
Aug 2018031059.403.07$951
Jul 2018028965.142.93$847
Jun 2018030760.183.08$945
May 2018034065.382.90$986
Apr 2018032363.842.90$937
Mar 2018035761.222.79$995
Feb 2018033561.782.77$927
Jan 2018031362.874.01$1,255
Dec 2017134257.272.92$1,056
Nov 2017036755.423.12$1,144
Oct 2017039849.292.98$1,188
Sep 2017044247.523.09$1,365
Aug 2017051445.373.00$1,544
Jul 2017074743.873.09$2,306
Jun 2017082142.493.09$2,535
May 2017064745.373.26$2,111
Apr 2017062047.933.21$1,991
Mar 2017077846.772.98$2,321
Feb 2017065550.452.95$1,934
Jan 2017059549.413.42$2,034
Dec 2016085548.763.72$3,183
Nov 201601,18942.492.64$3,144
Oct 2016032146.193.09$992
Sep 2016048141.553.10$1,491
Aug 2016092741.442.92$2,711
Jul 2016484241.622.92$2,629
Jun 2016098745.352.69$2,651
May 2016091942.521.99$1,830
Apr 201601,07536.561.99$2,140
Mar 2016037133.011.79$666
Feb 2016023726.472.06$489
Jan 2016066827.352.36$1,579
Dec 2015101,30132.362.00$2,927
Nov 201501,37738.792.17$2,984
Oct 201501,54343.552.43$3,744
Sep 201501,70542.992.76$4,703
Aug 201501,63940.162.87$4,708
Jul 201501,57448.152.95$4,636
Jun 201501,54056.152.88$4,440
May 201501,55455.212.96$4,593
Apr 2015111,57749.822.71$4,816
Mar 201501,76842.892.93$5,189
Feb 201501,89144.662.98$5,628
Jan 201501,33243.433.10$4,130
Dec 201481,27554.693.59$5,017
Nov 201401,60570.464.25$6,824
Oct 201401,77378.303.90$6,916
Sep 201401,56686.164.05$6,335
Aug 201401,50989.394.04$6,089
Jul 201401,49696.564.18$6,253
Jun 201481,42698.164.74$7,540
May 201401,53794.734.73$7,265
Apr 201401,66495.944.81$8,002
Mar 201491,90395.895.06$10,486
Feb 201401,75197.406.19$10,842
Jan 201401,91890.404.86$9,323
Dec 201301,94691.824.35$8,474
Nov 201392,11988.853.74$8,721
Oct 201303,28997.423.78$12,430
Sep 201302,336104.113.72$8,685
Aug 201301,550104.253.52$5,460
Jul 20130507102.523.72$1,885
Jun 201381,35694.403.93$6,089
May 201302,16094.834.15$8,962
Apr 201302,16793.964.28$9,280
Mar 201302,11693.623.91$8,280
Feb 2013121,84291.233.42$7,394
Jan 201302,23491.603.42$7,640
Dec 201202,52686.773.42$8,639
Nov 201202,57986.953.62$9,349
Oct 201203,06489.383.40$10,417
Sep 201202,93894.672.92$8,574
Aug 201203,19292.662.91$9,283
Jul 201203,55385.133.02$10,733
Jun 201203,95479.822.52$9,960
May 201204,36691.612.49$10,864
Apr 201204,403101.652.00$8,792
Mar 201204,377105.052.22$9,726
Feb 201204,935101.102.57$12,684
Jan 201205,74898.092.73$15,715
Dec 201106,37396.873.24$20,647
Nov 201107,14495.723.31$23,656
Oct 201108,93484.983.65$32,596
Sep 201173,89583.623.99$16,110
Aug 201101,19183.404.15$4,942
Jul 2011053594.144.52$2,417
Jun 201101,17892.904.64$5,466
May 201101,18698.134.40$5,224
Apr 2011121,176105.964.33$6,367
Mar 201105,49996.364.06$22,311
Feb 2011164,80985.644.18$21,472
Jan 201106,14886.504.59$28,212
Dec 201006,65285.734.35$28,921
Nov 201007,76380.843.80$29,463
Oct 201007,61578.103.51$26,720
Sep 201026,81772.633.98$27,273
Aug 201008,11473.684.42$35,859
Jul 201008,92972.554.74$42,292
Jun 2010209,53070.364.91$48,203
May 2010010,97971.124.24$46,498
Apr 2010011,80581.694.12$48,668
Mar 2010013,32278.394.39$58,466
Feb 2010714,70473.585.44$80,540
Jan 201002,43674.365.96$14,529

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                  617 Mcf  × $  3.05 =     $1,879

────────────────────────────────────────────────────
Month total                                   $1,879

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/255905 is the state's own key, not one this site invented.