GALVAN RANCH N11

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 256017District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$980 k
Jan 2010 – May 2026
Value, last 12 filed months
$9 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 Gas112010-10-15199354
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
CondensateDisposition322 bbl$22,617
GasProduction255,593 Mcf$957,619
Total$980,236

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 28.0195, -99.6696. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01952, -99.66963 · 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
6,950 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 6,950 ft.

Completions filed
Jan 2010
1 of 1 wells

1 well

42-4794072136,950 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 20260128106.413.05$390
Apr 2026018098.932.87$517
Mar 2026022789.753.15$715
Feb 2026016363.503.75$611
Jan 2026017359.138.00$1,384
Dec 2025018856.664.41$830
Nov 2025021558.593.93$844
Oct 2025026259.383.30$866
Sep 2025020062.743.08$615
Aug 2025028763.933.01$865
Jul 2025027066.743.32$895
Jun 2025027066.483.13$845
May 2025016260.553.23$524
Apr 2025031662.363.54$1,120
Mar 2025033567.704.27$1,430
Feb 2025039070.884.34$1,693
Jan 2025033874.324.28$1,446
Dec 2024037368.993.12$1,164
Nov 2024026869.052.20$589
Oct 2024037471.372.28$853
Sep 2024035169.612.36$830
Aug 2024036175.632.06$745
Jul 2024036979.932.15$792
Jun 2024035478.082.63$932
May 2024032978.812.20$723
Apr 2024035284.451.66$584
Mar 2024036980.301.55$570
Feb 2024041476.091.78$738
Jan 2024034973.023.30$1,151
Dec 2023036671.262.61$956
Nov 2023035577.892.81$997
Oct 2023030885.443.09$951
Sep 2023032889.042.74$897
Aug 2023032880.522.67$877
Jul 2023032274.852.64$851
Jun 2023031468.962.26$709
May 2023038370.622.23$853
Apr 2023034778.122.24$777
Mar 2023038372.852.39$917
Feb 2023032475.112.47$799
Jan 2023030976.533.39$1,047
Dec 2022044676.415.73$2,555
Nov 2022044185.005.65$2,490
Oct 2022037587.185.86$2,199
Sep 2022037484.888.16$3,053
Aug 2022031594.529.13$2,875
Jul 20220415101.587.54$3,130
Jun 20220437115.097.98$3,486
May 20220407109.378.43$3,432
Apr 20220485104.226.84$3,316
Mar 20220505108.885.08$2,564
Feb 2022043691.054.86$2,118
Jan 2022053181.844.54$2,410
Dec 2021057071.323.90$2,223
Nov 2021058977.435.24$3,085
Oct 2021056979.795.71$3,251
Sep 2021055169.865.35$2,948
Aug 2021063066.024.22$2,659
Jul 2021067070.783.98$2,668
Jun 2021058469.493.38$1,974
May 2021065063.483.02$1,961
Apr 2021060060.362.76$1,655
Mar 2021060561.302.72$1,644
Feb 2021046657.805.55$2,585
Jan 2021063350.412.81$1,779
Dec 2020061244.642.68$1,637
Nov 2020054238.772.71$1,467
Oct 2020067236.972.48$1,666
Sep 2020064537.091.99$1,284
Aug 2020067539.982.39$1,610
Jul 2020067938.371.83$1,239
Jun 2020064934.901.69$1,097
May 2020066516.921.81$1,207
Apr 2020071414.751.80$1,288
Mar 2020028130.341.86$522
Feb 2020026549.881.98$525
Jan 2020031257.252.09$654
Dec 2019027359.012.30$629
Nov 2019027655.302.75$759
Oct 2019029253.472.42$706
Sep 2019029655.052.66$787
Aug 2019028353.112.30$652
Jul 2019030956.272.46$760
Jun 2019027552.782.49$685
May 2019028158.482.74$770
Apr 2019029462.632.75$809
Mar 2019030656.803.06$937
Feb 2019028850.852.79$804
Jan 2019032846.033.23$1,059
Dec 2018034046.594.19$1,423
Nov 2018033952.934.24$1,436
Oct 2018533461.443.40$1,442
Sep 2018026859.543.11$833
Aug 2018033759.403.07$1,033
Jul 2018031465.142.93$921
Jun 2018033460.183.08$1,028
May 2018037165.382.90$1,076
Apr 2018035163.842.90$1,018
Mar 2018038961.222.79$1,084
Feb 2018036461.782.77$1,007
Jan 2018034162.874.01$1,367
Dec 2017037257.272.92$1,087
Nov 2017040055.423.12$1,247
Oct 2017343349.292.98$1,440
Sep 2017353947.523.09$1,807
Aug 2017344845.373.00$1,482
Jul 2017092943.873.09$2,868
Jun 2017396042.493.09$3,091
May 2017394145.373.26$3,207
Apr 2017382347.933.21$2,787
Mar 2017063846.772.98$1,904
Feb 2017350250.452.95$1,634
Jan 20171163949.413.42$2,728
Dec 2016056948.763.72$2,118
Nov 2016078642.492.64$2,078
Oct 2016278346.193.09$2,512
Sep 2016087741.553.10$2,719
Aug 2016295741.442.92$2,881
Jul 201681,17341.622.92$3,763
Jun 201611,17345.352.69$3,196
May 201601,49042.521.99$2,967
Apr 201671,46536.561.99$3,173
Mar 201601,41033.011.79$2,530
Feb 201671,36026.472.06$2,992
Jan 201601,52127.352.36$3,596
Dec 201551,47032.362.00$3,104
Nov 2015032438.792.17$702
Oct 2015436143.552.43$1,050
Sep 201501,15942.992.76$3,197
Aug 201571,12740.162.87$3,518
Jul 201501,17048.152.95$3,446
Jun 201501,22256.152.88$3,523
May 201571,24655.212.96$4,069
Apr 201501,25949.822.71$3,408
Mar 201581,55742.892.93$4,912
Feb 201501,54644.662.98$4,601
Jan 201571,01443.433.10$3,448
Dec 201401,41554.693.59$5,082
Nov 201471,44770.464.25$6,646
Oct 201401,59878.303.90$6,234
Sep 201471,50186.164.05$6,675
Aug 201401,74189.394.04$7,025
Jul 201401,71996.564.18$7,185
Jun 201471,64898.164.74$8,494
May 201401,75394.734.73$8,286
Apr 201451,42995.944.81$7,352
Mar 201401,08395.895.06$5,477
Feb 201481,96397.406.19$12,934
Jan 201401,12790.404.86$5,478
Dec 2013083291.824.35$3,623
Nov 2013094688.853.74$3,536
Oct 201301,24097.423.78$4,686
Sep 201301,781104.113.72$6,621
Aug 201301,957104.253.52$6,894
Jul 201301,953102.523.72$7,261
Jun 201301,92594.403.93$7,572
May 201301,99794.834.15$8,286
Apr 201302,48193.964.28$10,625
Mar 201301,60693.623.91$6,284
Feb 201301,04291.233.42$3,564
Jan 201301,49791.603.42$5,120
Dec 201202,04286.773.42$6,984
Nov 201202,28986.953.62$8,298
Oct 201202,48289.383.40$8,438
Sep 201202,28894.672.92$6,677
Aug 201202,64592.662.91$7,692
Jul 201202,81685.133.02$8,507
Jun 201202,94379.822.52$7,414
May 2012103,07991.612.49$8,578
Apr 201203,401101.652.00$6,791
Mar 201203,749105.052.22$8,331
Feb 201203,755101.102.57$9,651
Jan 201204,40998.092.73$12,055
Dec 201105,84896.873.24$18,946
Nov 2011158,03395.723.31$28,035
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011069794.144.52$3,149
Jun 20110092.904.64$0
May 201182,67998.134.40$12,586
Apr 201101,674105.964.33$7,254
Mar 2011144,15396.364.06$18,199
Feb 201104,15685.644.18$17,372
Jan 201163,96386.504.59$18,704
Dec 201074,31885.734.35$19,374
Nov 201004,10080.843.80$15,561
Oct 201084,51678.103.51$16,471
Sep 201024,75972.633.98$19,084
Aug 201095,75273.684.42$26,083
Jul 2010105,95672.554.74$28,936
Jun 201006,26370.364.91$30,754
May 2010277,34271.124.24$33,015
Apr 2010138,36281.694.12$35,536
Mar 2010319,76478.394.39$45,281
Feb 20102111,30473.585.44$63,066
Jan 201054,72074.365.96$28,522

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                  128 Mcf  × $  3.05 =       $390

────────────────────────────────────────────────────
Month total                                     $390

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/256017 is the state's own key, not one this site invented.