GALVAN RANCH P10

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 256271District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$718 k
Mar 2010 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
195
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 Gas112012-11-19207720
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
CondensateDisposition432 bbl$33,541
GasProduction182,110 Mcf$684,561
Total$718,101

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 28.0430, -99.6538. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04301, -99.65383 · 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
6,763 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 6,763 ft.

Completions filed
Mar 2010
1 of 1 wells

1 well

42-4794071946,763 ftMar 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 (195)

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

195 months

May 2026055106.413.05$168
Apr 202607798.932.87$221
Mar 2026014289.753.15$447
Feb 202607063.503.75$263
Jan 202607459.138.00$592
Dec 202508156.664.41$357
Nov 202509258.593.93$361
Oct 2025011259.383.30$370
Sep 2025018562.743.08$569
Aug 2025012363.933.01$371
Jul 2025019366.743.32$640
Jun 2025019366.483.13$604
May 2025021360.553.23$688
Apr 2025013562.363.54$478
Mar 2025014467.704.27$615
Feb 2025016770.884.34$725
Jan 2025014574.324.28$620
Dec 2024016068.993.12$499
Nov 2024011569.052.20$253
Oct 2024016071.372.28$365
Sep 2024015069.612.36$355
Aug 2024015575.632.06$320
Jul 2024015879.932.15$339
Jun 2024015278.082.63$400
May 2024014178.812.20$310
Apr 2024015184.451.66$251
Mar 2024015880.301.55$244
Feb 2024017776.091.78$316
Jan 2024014973.023.30$491
Dec 2023015771.262.61$410
Nov 2023015277.892.81$427
Oct 2023013285.443.09$408
Sep 2023014089.042.74$383
Aug 2023014080.522.67$374
Jul 2023013874.852.64$365
Jun 2023013568.962.26$305
May 2023016470.622.23$365
Apr 2023014978.122.24$333
Mar 2023016472.852.39$392
Feb 2023013975.112.47$343
Jan 2023013376.533.39$451
Dec 2022019176.415.73$1,094
Nov 2022018985.005.65$1,067
Oct 2022016187.185.86$944
Sep 2022016084.888.16$1,306
Aug 2022013594.529.13$1,232
Jul 20220178101.587.54$1,342
Jun 20220187115.097.98$1,492
May 20220174109.378.43$1,467
Apr 20220208104.226.84$1,422
Mar 20220217108.885.08$1,102
Feb 2022018691.054.86$904
Jan 2022022781.844.54$1,030
Dec 2021024471.323.90$951
Nov 2021025277.435.24$1,320
Oct 2021024479.795.71$1,394
Sep 202102169.865.35$112
Aug 202102466.024.22$101
Jul 202102670.783.98$104
Jun 202102269.493.38$74
May 202102563.483.02$75
Apr 202102360.362.76$63
Mar 202102361.302.72$62
Feb 202101857.805.55$100
Jan 202102550.412.81$70
Dec 202002244.642.68$59
Nov 202002338.772.71$62
Oct 202001936.972.48$47
Sep 202001837.091.99$36
Aug 202001939.982.39$45
Jul 202002038.371.83$37
Jun 202002134.901.69$36
May 202001916.921.81$34
Apr 202002114.751.80$38
Mar 2020040330.341.86$748
Feb 2020038049.881.98$753
Jan 2020044757.252.09$936
Dec 2019039159.012.30$901
Nov 2019039555.302.75$1,087
Oct 2019041753.472.42$1,009
Sep 2019042355.052.66$1,124
Aug 2019040553.112.30$933
Jul 2019044256.272.46$1,087
Jun 2019039452.782.49$982
May 2019040258.482.74$1,102
Apr 2019042162.632.75$1,158
Mar 2019043856.803.06$1,341
Feb 2019041250.852.79$1,150
Jan 2019047046.033.23$1,517
Dec 2018048746.594.19$2,038
Nov 2018048552.934.24$2,055
Oct 2018047861.443.40$1,624
Sep 2018038459.543.11$1,193
Aug 2018048359.403.07$1,481
Jul 2018045065.142.93$1,319
Jun 2018047960.183.08$1,474
May 2018053165.382.90$1,540
Apr 2018050363.842.90$1,459
Mar 2018055661.222.79$1,549
Feb 2018052261.782.77$1,444
Jan 2018048862.874.01$1,957
Dec 2017053357.272.92$1,557
Nov 2017357355.423.12$1,953
Oct 2017358049.292.98$1,878
Sep 2017387847.523.09$2,853
Aug 2017348845.373.00$1,602
Jul 2017057643.873.09$1,778
Jun 2017383542.493.09$2,705
May 201731,20445.373.26$4,065
Apr 2017365747.933.21$2,254
Mar 2017271046.772.98$2,212
Feb 2017371850.452.95$2,271
Jan 2017627149.413.42$1,223
Dec 2016091248.763.72$3,395
Nov 2016340242.492.64$1,191
Oct 2016541246.193.09$1,504
Sep 2016332241.553.10$1,123
Aug 2016031541.442.92$921
Jul 2016226241.622.92$849
Jun 2016028945.352.69$776
May 2016024542.521.99$488
Apr 2016533936.561.99$858
Mar 2016035833.011.79$642
Feb 2016238326.472.06$843
Jan 2016228727.352.36$733
Dec 2015038232.362.00$765
Nov 2015034538.792.17$748
Oct 2015038443.552.43$932
Sep 2015042442.992.76$1,170
Aug 2015041240.162.87$1,183
Jul 2015038748.152.95$1,140
Jun 2015036256.152.88$1,044
May 2015336455.212.96$1,241
Apr 2015036749.822.71$993
Mar 2015044542.892.93$1,306
Feb 2015045344.662.98$1,348
Jan 2015030443.433.10$943
Dec 2014058354.693.59$2,094
Nov 2014054270.464.25$2,305
Oct 2014059978.303.90$2,337
Sep 2014051086.164.05$2,063
Aug 2014062989.394.04$2,538
Jul 2014062096.564.18$2,591
Jun 2014059598.164.74$2,818
May 2014375094.734.73$3,829
Apr 2014081495.944.81$3,915
Mar 2014472395.895.06$4,040
Feb 2014081197.406.19$5,022
Jan 2014388090.404.86$4,549
Dec 2013096691.824.35$4,206
Nov 2013081888.853.74$3,058
Oct 2013081597.423.78$3,080
Sep 20136979104.113.72$4,264
Aug 201301,025104.253.52$3,611
Jul 201301,022102.523.72$3,800
Jun 201301,03394.403.93$4,063
May 2013081094.834.15$3,361
Apr 201301,18293.964.28$5,062
Mar 201301,36693.623.91$5,345
Feb 2013093391.233.42$3,191
Jan 201301,44291.603.42$4,932
Dec 201201,42786.773.42$4,881
Nov 201201,44686.953.62$5,242
Oct 201201,49289.383.40$5,072
Sep 201201,54994.672.92$4,521
Aug 201201,94092.662.91$5,642
Jul 201262,13685.133.02$6,963
Jun 201202,31779.822.52$5,837
May 201262,22891.612.49$6,094
Apr 201202,024101.652.00$4,042
Mar 201273,057105.052.22$7,528
Feb 2012132,551101.102.57$7,871
Jan 201263,23098.092.73$9,420
Dec 201192,32196.873.24$8,391
Nov 201174,01295.723.31$13,955
Oct 2011154,49584.983.65$17,675
Sep 2011115,19183.623.99$21,610
Aug 20115083.404.15$417
Jul 2011057294.144.52$2,584
Jun 20110092.904.64$0
May 201101,70198.134.40$7,493
Apr 20110897105.964.33$3,887
Mar 2011133,21696.364.06$14,301
Feb 201163,49285.644.18$15,110
Jan 2011204,17786.504.59$20,897
Dec 2010134,50385.734.35$20,692
Nov 2010144,54080.843.80$18,363
Oct 2010144,87078.103.51$18,182
Sep 2010155,15572.633.98$21,604
Aug 2010206,19773.684.42$28,860
Jul 2010107,13472.554.74$34,516
Jun 2010216,69770.364.91$34,363
May 2010337,28671.124.24$33,205
Apr 2010508,75481.694.12$40,175
Mar 20104512,68078.394.39$59,176

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                   55 Mcf  × $  3.05 =       $168

────────────────────────────────────────────────────
Month total                                     $168

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/256271 is the state's own key, not one this site invented.