GALVAN RANCH N12

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 256020District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$752 k
Jan 2010 – May 2026
Value, last 12 filed months
$10 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 Gas112010-08-31199353
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
CondensateDisposition221 bbl$15,366
GasProduction195,993 Mcf$736,430
Total$751,796

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 28.0247, -99.6578. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02468, -99.65784 · 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
6,800 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 6,800 ft.

Completions filed
Jan 2010
1 of 1 wells

1 well

42-4794071426,800 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 20260132106.413.05$402
Apr 2026018798.932.87$537
Mar 2026020189.753.15$633
Feb 2026016963.503.75$634
Jan 2026017959.138.00$1,432
Dec 2025019556.664.41$861
Nov 2025022358.593.93$876
Oct 2025027259.383.30$899
Sep 2025046762.743.08$1,437
Aug 2025029763.933.01$895
Jul 2025028066.743.32$928
Jun 2025028066.483.13$876
May 2025037860.553.23$1,222
Apr 2025032762.363.54$1,159
Mar 2025034767.704.27$1,481
Feb 2025040470.884.34$1,754
Jan 2025035074.324.28$1,498
Dec 2024038668.993.12$1,205
Nov 2024027869.052.20$611
Oct 2024038771.372.28$883
Sep 2024036369.612.36$858
Aug 2024037475.632.06$772
Jul 2024038279.932.15$820
Jun 2024036678.082.63$964
May 2024034078.812.20$747
Apr 2024036484.451.66$604
Mar 2024038380.301.55$592
Feb 2024042976.091.78$765
Jan 2024036173.023.30$1,190
Dec 2023037971.262.61$989
Nov 2023036877.892.81$1,033
Oct 2023031985.443.09$985
Sep 2023033989.042.74$927
Aug 2023033980.522.67$906
Jul 2023033474.852.64$882
Jun 2023032668.962.26$736
May 2023039670.622.23$882
Apr 2023036078.122.24$806
Mar 2023039672.852.39$948
Feb 2023033675.112.47$828
Jan 2023032076.533.39$1,084
Dec 2022046276.415.73$2,647
Nov 2022045785.005.65$2,580
Oct 2022038887.185.86$2,275
Sep 2022038784.888.16$3,159
Aug 2022032794.529.13$2,985
Jul 20220430101.587.54$3,243
Jun 20220452115.097.98$3,606
May 20220421109.378.43$3,550
Apr 20220502104.226.84$3,432
Mar 20220523108.885.08$2,655
Feb 2022045191.054.86$2,191
Jan 2022055081.844.54$2,496
Dec 2021059171.323.90$2,304
Nov 2021061077.435.24$3,194
Oct 2021058979.795.71$3,365
Sep 2021029769.865.35$1,589
Aug 2021033966.024.22$1,431
Jul 2021036170.783.98$1,438
Jun 2021031469.493.38$1,062
May 2021035063.483.02$1,056
Apr 2021032360.362.76$891
Mar 2021032661.302.72$886
Feb 2021025157.805.55$1,393
Jan 2021034150.412.81$958
Dec 2020032944.642.68$880
Nov 2020029238.772.71$790
Oct 2020036236.972.48$897
Sep 2020034737.091.99$691
Aug 2020036339.982.39$866
Jul 2020036538.371.83$666
Jun 2020034934.901.69$590
May 2020035816.921.81$650
Apr 2020038514.751.80$695
Mar 2020029530.341.86$548
Feb 2020027849.881.98$551
Jan 2020032757.252.09$685
Dec 2019028659.012.30$659
Nov 2019028955.302.75$795
Oct 2019030653.472.42$740
Sep 2019031055.052.66$824
Aug 2019029653.112.30$682
Jul 2019032456.272.46$797
Jun 2019028952.782.49$720
May 2019029458.482.74$806
Apr 2019030862.632.75$847
Mar 2019032156.803.06$983
Feb 2019030250.852.79$843
Jan 2019034446.033.23$1,110
Dec 2018035746.594.19$1,494
Nov 2018035552.934.24$1,504
Oct 2018335061.443.40$1,374
Sep 2018028159.543.11$873
Aug 2018035359.403.07$1,083
Jul 2018032965.142.93$965
Jun 2018035060.183.08$1,077
May 2018038865.382.90$1,126
Apr 2018036863.842.90$1,067
Mar 2018040761.222.79$1,134
Feb 2018038261.782.77$1,057
Jan 2018035762.874.01$1,431
Dec 2017039057.272.92$1,139
Nov 2017041955.423.12$1,307
Oct 2017245449.292.98$1,453
Sep 2017251647.523.09$1,688
Aug 2017250045.373.00$1,593
Jul 2017072743.873.09$2,244
Jun 2017289042.493.09$2,833
May 2017268645.373.26$2,329
Apr 2017257447.933.21$1,939
Mar 2017049846.772.98$1,486
Feb 2017254850.452.95$1,719
Jan 2017643449.413.42$1,780
Dec 2016049848.763.72$1,854
Nov 2016071242.492.64$1,883
Oct 2016190446.193.09$2,840
Sep 201601,13341.553.10$3,513
Aug 2016162141.442.92$1,857
Jul 2016563041.622.92$2,050
Jun 2016073245.352.69$1,966
May 2016090842.521.99$1,808
Apr 2016492736.561.99$1,992
Mar 2016086633.011.79$1,554
Feb 2016481326.472.06$1,784
Jan 2016089927.352.36$2,126
Dec 2015585832.362.00$1,879
Nov 2015090838.792.17$1,968
Oct 201561,00943.552.43$2,710
Sep 201501,28142.992.76$3,534
Aug 201561,24640.162.87$3,820
Jul 201501,12748.152.95$3,319
Jun 201501,00456.152.88$2,894
May 2015593255.212.96$3,031
Apr 2015094149.822.71$2,547
Mar 201561,26042.892.93$3,955
Feb 201501,24844.662.98$3,714
Jan 2015681643.433.10$2,791
Dec 201401,12654.693.59$4,044
Nov 201461,17670.464.25$5,423
Oct 201401,30078.303.90$5,071
Sep 201451,03486.164.05$4,614
Aug 201401,31989.394.04$5,322
Jul 201401,30196.564.18$5,438
Jun 201451,24898.164.74$6,402
May 201401,34794.734.73$6,367
Apr 201441,10395.944.81$5,688
Mar 2014088195.895.06$4,455
Feb 2014492197.406.19$6,092
Jan 201401,10790.404.86$5,381
Dec 201301,28291.824.35$5,582
Nov 201301,18988.853.74$4,445
Oct 201301,39797.423.78$5,280
Sep 201301,298104.113.72$4,826
Aug 201301,416104.253.52$4,988
Jul 201301,432102.523.72$5,324
Jun 201301,44094.403.93$5,664
May 201301,52994.834.15$6,344
Apr 201301,52193.964.28$6,514
Mar 201301,56893.623.91$6,135
Feb 201301,46991.233.42$5,024
Jan 201301,29191.603.42$4,415
Dec 201201,64386.773.42$5,619
Nov 201201,68886.953.62$6,119
Oct 201201,80489.383.40$6,133
Sep 201201,71994.672.92$5,017
Aug 201201,42792.662.91$4,150
Jul 201201,86285.133.02$5,625
Jun 201202,04079.822.52$5,139
May 201252,10491.612.49$5,693
Apr 201202,199101.652.00$4,391
Mar 201202,381105.052.22$5,291
Feb 201202,313101.102.57$5,945
Jan 201202,53398.092.73$6,925
Dec 201102,87296.873.24$9,305
Nov 2011103,39195.723.31$12,186
Oct 201103,46684.983.65$12,646
Sep 201103,98483.623.99$15,879
Aug 20110183.404.15$4
Jul 2011065494.144.52$2,954
Jun 20110092.904.64$0
May 201151,83798.134.40$8,582
Apr 201101,153105.964.33$4,996
Mar 201193,29596.364.06$14,236
Feb 201102,49485.644.18$10,425
Jan 201142,66086.504.59$12,552
Dec 201052,89085.734.35$12,994
Nov 201002,78980.843.80$10,585
Oct 201052,98078.103.51$10,847
Sep 201013,08472.633.98$12,345
Aug 201063,60373.684.42$16,365
Jul 201063,74372.554.74$18,164
Jun 201003,85070.364.91$18,905
May 2010164,31271.124.24$19,400
Apr 201084,83481.694.12$20,583
Mar 2010236,11178.394.39$28,622
Feb 2010189,70973.585.44$54,164
Jan 201043,61374.365.96$21,846

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                  132 Mcf  × $  3.05 =       $402

────────────────────────────────────────────────────
Month total                                     $402

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/256020 is the state's own key, not one this site invented.