GALVAN RANCH P16

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 256098District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$674 k
Feb 2010 – May 2026
Value, last 12 filed months
$7 k
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 Gas112012-11-19207716
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
CondensateDisposition363 bbl$26,362
GasProduction177,383 Mcf$647,330
Total$673,692

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 28.0333, -99.6381. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03334, -99.63811 · 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
6,850 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 6,850 ft.

Completions filed
Feb 2010
1 of 1 wells

1 well

42-4794072946,850 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 2026096106.413.05$292
Apr 2026013598.932.87$387
Mar 2026017289.753.15$542
Feb 2026012263.503.75$458
Jan 2026013059.138.00$1,040
Dec 2025014156.664.41$622
Nov 2025016158.593.93$632
Oct 2025019759.383.30$651
Sep 202504662.743.08$142
Aug 2025021563.933.01$648
Jul 2025020366.743.32$673
Jun 2025020366.483.13$635
May 202505360.553.23$171
Apr 2025023762.363.54$840
Mar 2025025267.704.27$1,076
Feb 2025029370.884.34$1,272
Jan 2025025374.324.28$1,083
Dec 2024028068.993.12$874
Nov 2024020169.052.20$442
Oct 2024028071.372.28$639
Sep 2024026369.612.36$622
Aug 2024027175.632.06$559
Jul 2024027779.932.15$595
Jun 2024026578.082.63$698
May 2024024678.812.20$541
Apr 2024026484.451.66$438
Mar 2024027780.301.55$428
Feb 2024031076.091.78$553
Jan 2024026173.023.30$861
Dec 2023027471.262.61$715
Nov 2023026677.892.81$747
Oct 2023023185.443.09$713
Sep 2023024689.042.74$673
Aug 2023024680.522.67$658
Jul 2023024274.852.64$639
Jun 2023023668.962.26$533
May 2023028770.622.23$639
Apr 2023026178.122.24$584
Mar 2023028772.852.39$687
Feb 2023024375.112.47$599
Jan 2023023276.533.39$786
Dec 2022033576.415.73$1,919
Nov 2022033185.005.65$1,869
Oct 2022028187.185.86$1,648
Sep 2022028084.888.16$2,286
Aug 2022023794.529.13$2,163
Jul 20220311101.587.54$2,346
Jun 20220327115.097.98$2,609
May 20220305109.378.43$2,572
Apr 20220364104.226.84$2,489
Mar 20220379108.885.08$1,924
Feb 2022032791.054.86$1,589
Jan 2022039881.844.54$1,806
Dec 2021042871.323.90$1,669
Nov 2021044277.435.24$2,315
Oct 2021042679.795.71$2,434
Sep 2021042469.865.35$2,269
Aug 2021048566.024.22$2,047
Jul 2021051670.783.98$2,055
Jun 2021044969.493.38$1,518
May 2021050063.483.02$1,509
Apr 2021046260.362.76$1,274
Mar 202107061.302.72$190
Feb 2021035957.805.55$1,992
Jan 2021049850.412.81$1,400
Dec 2020043044.642.68$1,150
Nov 2020045238.772.71$1,223
Oct 2020040136.972.48$994
Sep 2020040937.091.99$814
Aug 2020043539.982.39$1,038
Jul 2020047238.371.83$861
Jun 2020047934.901.69$810
May 2020043516.921.81$789
Apr 2020048414.751.80$873
Mar 2020064930.341.86$1,205
Feb 2020061149.881.98$1,210
Jan 2020071957.252.09$1,506
Dec 2019063059.012.30$1,452
Nov 2019063755.302.75$1,752
Oct 2019067253.472.42$1,625
Sep 2019068255.052.66$1,812
Aug 2019065253.112.30$1,502
Jul 2019071256.272.46$1,752
Jun 2019063552.782.49$1,582
May 2019064758.482.74$1,773
Apr 2019067862.632.75$1,865
Mar 2019070556.803.06$2,159
Feb 2019066350.852.79$1,851
Jan 2019075746.033.23$2,444
Dec 2018078546.594.19$3,286
Nov 2018078252.934.24$3,314
Oct 2018077061.443.40$2,617
Sep 2018061859.543.11$1,921
Aug 2018077759.403.07$2,383
Jul 2018072565.142.93$2,126
Jun 2018077160.183.08$2,372
May 2018085565.382.90$2,480
Apr 2018081063.842.90$2,350
Mar 2018089661.222.79$2,497
Feb 2018084061.782.77$2,324
Jan 2018078662.874.01$3,151
Dec 2017585857.272.92$2,793
Nov 2017092255.423.12$2,875
Oct 2017593349.292.98$3,030
Sep 2017584847.523.09$2,856
Aug 2017598145.373.00$3,174
Jul 201701,03143.873.09$3,183
Jun 201751,07842.493.09$3,541
May 201751,09545.373.26$3,800
Apr 201751,07047.933.21$3,676
Mar 201741,12246.772.98$3,535
Feb 2017598750.452.95$3,166
Jan 20171097549.413.42$3,827
Dec 201601,03448.763.72$3,849
Nov 2016494142.492.64$2,658
Oct 2016971946.193.09$2,638
Sep 2016471141.553.10$2,371
Aug 2016165941.442.92$1,969
Jul 2016443741.622.92$1,444
Jun 2016046045.352.69$1,235
May 2016057842.521.99$1,151
Apr 2016862136.561.99$1,529
Mar 2016060933.011.79$1,093
Feb 2016461026.472.06$1,365
Jan 2016452927.352.36$1,360
Dec 2015058432.362.00$1,169
Nov 2015071538.792.17$1,550
Oct 2015079543.552.43$1,929
Sep 2015079242.992.76$2,185
Aug 2015077040.162.87$2,212
Jul 2015074148.152.95$2,182
Jun 2015071356.152.88$2,055
May 2015572055.212.96$2,404
Apr 2015072749.822.71$1,968
Mar 2015078942.892.93$2,315
Feb 2015069344.662.98$2,063
Jan 2015039343.433.10$1,219
Dec 2014096054.693.59$3,448
Nov 2014090070.464.25$3,827
Oct 2014099478.303.90$3,878
Sep 2014094586.164.05$3,823
Aug 201401,04889.394.04$4,229
Jul 201401,03396.564.18$4,318
Jun 2014099298.164.74$4,699
May 201441,02194.734.73$5,205
Apr 201401,03295.944.81$4,963
Mar 2014489395.895.06$4,899
Feb 2014084597.406.19$5,232
Jan 2014398990.404.86$5,078
Dec 2013098091.824.35$4,267
Nov 2013090388.853.74$3,376
Oct 2013098897.423.78$3,734
Sep 201351,043104.113.72$4,398
Aug 201301,095104.253.52$3,857
Jul 201301,114102.523.72$4,142
Jun 201301,08394.403.93$4,260
May 201301,14094.834.15$4,730
Apr 201301,18593.964.28$5,075
Mar 201301,29093.623.91$5,048
Feb 2013090991.233.42$3,109
Jan 201301,26291.603.42$4,316
Dec 201201,26186.773.42$4,313
Nov 201201,30086.953.62$4,712
Oct 201201,32889.383.40$4,515
Sep 201201,35594.672.92$3,954
Aug 201201,53292.662.91$4,455
Jul 201241,58785.133.02$5,135
Jun 201201,66779.822.52$4,199
May 201251,66991.612.49$4,611
Apr 201201,688101.652.00$3,371
Mar 201241,685105.052.22$4,164
Feb 201291,668101.102.57$5,197
Jan 201241,98798.092.73$5,825
Dec 201182,01196.873.24$7,290
Nov 201142,55595.723.31$8,843
Oct 201182,38084.983.65$9,363
Sep 2011134,11283.623.99$17,477
Aug 2011376183.404.15$3,408
Jul 2011092194.144.52$4,160
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20110936105.964.33$4,056
Mar 201192,26696.364.06$10,061
Feb 201142,25985.644.18$9,785
Jan 2011122,62186.504.59$13,065
Dec 201082,75785.734.35$12,673
Nov 201082,71380.843.80$10,943
Oct 201082,93678.103.51$10,927
Sep 201082,92072.633.98$12,201
Aug 2010103,39973.684.42$15,758
Jul 201063,60572.554.74$17,510
Jun 2010123,83670.364.91$19,681
May 2010194,32271.124.24$19,656
Apr 2010254,98281.694.12$22,581
Mar 2010465,79278.394.39$29,025
Feb 2010136,13873.585.44$34,362

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                   96 Mcf  × $  3.05 =       $292

────────────────────────────────────────────────────
Month total                                     $292

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/256098 is the state's own key, not one this site invented.