GALVAN RANCH J8

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 255906District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$845 k
Feb 2010 – May 2026
Value, last 12 filed months
$293
at the published price for each month
Months reported
196
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 Gas112010-08-31199363
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
CondensateDisposition116 bbl$8,979
GasProduction222,764 Mcf$835,867
Total$844,847

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 28.0062, -99.7274. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.00617, -99.72740 · 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
6,535 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 6,535 ft.

Completions filed
Feb 2010
1 of 1 wells

1 well

42-4794072026,535 ftFeb 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 (196)

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

196 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202609389.753.15$293
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 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202302675.112.47$64
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021075169.865.35$4,019
Aug 2021078366.024.22$3,305
Jul 2021078170.783.98$3,110
Jun 2021075169.493.38$2,539
May 2021079363.483.02$2,393
Apr 2021084560.362.76$2,331
Mar 2021085161.302.72$2,312
Feb 2021066357.805.55$3,678
Jan 2021084250.412.81$2,366
Dec 2020087544.642.68$2,341
Nov 202001,01238.772.71$2,739
Oct 2020086636.972.48$2,146
Sep 2020082537.091.99$1,643
Aug 2020083039.982.39$1,980
Jul 202008338.371.83$151
Jun 202007234.901.69$122
May 202007916.921.81$143
Apr 202008114.751.80$146
Mar 2020032730.341.86$607
Feb 2020030949.881.98$612
Jan 2020036357.252.09$760
Dec 2019031859.012.30$733
Nov 2019032255.302.75$886
Oct 2019033953.472.42$820
Sep 2019034455.052.66$914
Aug 2019032953.112.30$758
Jul 2019035956.272.46$883
Jun 2019032052.782.49$797
May 2019032658.482.74$893
Apr 2019034262.632.75$941
Mar 2019035656.803.06$1,090
Feb 2019033550.852.79$935
Jan 2019038246.033.23$1,233
Dec 2018039646.594.19$1,657
Nov 2018039552.934.24$1,674
Oct 2018038961.443.40$1,322
Sep 2018031259.543.11$970
Aug 2018039259.403.07$1,202
Jul 2018036665.142.93$1,073
Jun 2018038960.183.08$1,197
May 2018043165.382.90$1,250
Apr 2018040963.842.90$1,186
Mar 2018045261.222.79$1,260
Feb 2018042461.782.77$1,173
Jan 2018039762.874.01$1,592
Dec 2017343357.272.92$1,437
Nov 2017046555.423.12$1,450
Oct 2017050449.292.98$1,504
Sep 2017045847.523.09$1,414
Aug 2017056145.373.00$1,685
Jul 2017025043.873.09$772
Jun 2017067842.493.09$2,093
May 2017047245.373.26$1,540
Apr 2017037247.933.21$1,195
Mar 2017029146.772.98$868
Feb 2017027650.452.95$815
Jan 2017027149.413.42$926
Dec 2016035648.763.72$1,325
Nov 2016093942.492.64$2,483
Oct 2016137946.193.09$1,217
Sep 2016038341.553.10$1,188
Aug 2016180641.442.92$2,398
Jul 2016783141.622.92$2,721
Jun 2016088145.352.69$2,366
May 2016076042.521.99$1,513
Apr 2016073836.561.99$1,469
Mar 2016026033.011.79$466
Feb 2016068226.472.06$1,407
Jan 2016067327.352.36$1,591
Dec 2015659132.362.00$1,377
Nov 2015081938.792.17$1,775
Oct 2015091843.552.43$2,228
Sep 201501,04942.992.76$2,894
Aug 201501,00940.162.87$2,898
Jul 2015097348.152.95$2,866
Jun 2015095756.152.88$2,759
May 201501,04255.212.96$3,080
Apr 201571,05849.822.71$3,212
Mar 201501,30742.892.93$3,836
Feb 201501,21744.662.98$3,622
Jan 2015074443.433.10$2,307
Dec 201461,17854.693.59$4,559
Nov 201401,31270.464.25$5,578
Oct 201401,45078.303.90$5,656
Sep 2014088586.164.05$3,580
Aug 2014095389.394.04$3,845
Jul 2014094696.564.18$3,954
Jun 2014990198.164.74$5,151
May 201401,37594.734.73$6,499
Apr 201402,13495.944.81$10,263
Mar 201491,83895.895.06$10,157
Feb 201401,72897.406.19$10,700
Jan 201402,03590.404.86$9,892
Dec 201301,94791.824.35$8,478
Nov 2013102,00688.853.74$8,387
Oct 201302,79197.423.78$10,548
Sep 201303,095104.113.72$11,506
Aug 201301,721104.253.52$6,062
Jul 201301,519102.523.72$5,647
Jun 201371,76094.403.93$7,584
May 201302,73694.834.15$11,352
Apr 201301,16093.964.28$4,968
Mar 201301,26693.623.91$4,954
Feb 201371,08991.233.42$4,363
Jan 201301,66791.603.42$5,701
Dec 201203,07086.773.42$10,500
Nov 201201,92286.953.62$6,967
Oct 201202,36989.383.40$8,054
Sep 201201,87094.672.92$5,457
Aug 2012062792.662.91$1,823
Jul 201201,93585.133.02$5,845
Jun 201202,38879.822.52$6,015
May 201202,60391.612.49$6,477
Apr 201202,666101.652.00$5,323
Mar 201202,552105.052.22$5,671
Feb 201202,843101.102.57$7,307
Jan 201203,40098.092.73$9,296
Dec 201103,58796.873.24$11,621
Nov 201103,74495.723.31$12,397
Oct 201104,78884.983.65$17,469
Sep 201184,41583.623.99$18,266
Aug 201101,70483.404.15$7,070
Jul 201108694.144.52$388
Jun 201101,70192.904.64$7,892
May 201103,82998.134.40$16,866
Apr 20119859105.964.33$4,676
Mar 201104,52896.364.06$18,372
Feb 2011113,60885.644.18$16,023
Jan 201103,69986.504.59$16,974
Dec 201004,11385.734.35$17,882
Nov 201004,68680.843.80$17,785
Oct 201005,17478.103.51$18,155
Sep 201005,25372.633.98$20,904
Aug 201006,20873.684.42$27,435
Jul 201006,67172.554.74$31,597
Jun 2010147,04270.364.91$35,564
May 201008,50371.124.24$36,012
Apr 2010010,01581.694.12$41,289
Mar 2010012,20078.394.39$53,542
Feb 201012,48673.585.44$13,603

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                   93 Mcf  × $  3.15 =       $293

────────────────────────────────────────────────────
Month total                                     $293

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/255906 is the state's own key, not one this site invented.