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 256321District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$848 k
Mar 2010 – May 2026
Value, last 12 filed months
$9 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 Gas112012-11-19207719
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
CondensateDisposition552 bbl$36,525
GasProduction229,283 Mcf$811,267
Total$847,793

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 28.0342, -99.6447. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03417, -99.64472 · 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
Mar 2010
1 of 1 wells

1 well

42-4794075136,800 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 20260118106.413.05$359
Apr 2026016798.932.87$479
Mar 2026018089.753.15$567
Feb 2026015163.503.75$566
Jan 2026016059.138.00$1,280
Dec 2025017556.664.41$772
Nov 2025020058.593.93$785
Oct 2025024459.383.30$806
Sep 2025030562.743.08$938
Aug 2025026663.933.01$802
Jul 2025025166.743.32$832
Jun 2025025166.483.13$785
May 2025035160.553.23$1,135
Apr 2025029362.363.54$1,038
Mar 2025031167.704.27$1,327
Feb 2025036370.884.34$1,576
Jan 2025031374.324.28$1,339
Dec 2024034668.993.12$1,080
Nov 2024024969.052.20$547
Oct 2024034771.372.28$792
Sep 2024032669.612.36$771
Aug 2024033675.632.06$693
Jul 2024034379.932.15$736
Jun 2024032978.082.63$867
May 2024030578.812.20$671
Apr 2024032684.451.66$541
Mar 2024034380.301.55$530
Feb 2024038476.091.78$685
Jan 2024032473.023.30$1,068
Dec 2023034071.262.61$888
Nov 2023033077.892.81$926
Oct 2023028685.443.09$883
Sep 2023030489.042.74$831
Aug 2023030480.522.67$813
Jul 2023029974.852.64$790
Jun 2023029268.962.26$659
May 2023035570.622.23$791
Apr 2023032378.122.24$723
Mar 2023035572.852.39$850
Feb 2023030275.112.47$745
Jan 2023028776.533.39$972
Dec 2022041476.415.73$2,372
Nov 2022040985.005.65$2,309
Oct 2022034887.185.86$2,041
Sep 2022034784.888.16$2,833
Aug 2022029394.529.13$2,674
Jul 20220386101.587.54$2,911
Jun 20220405115.097.98$3,231
May 20220378109.378.43$3,188
Apr 20220450104.226.84$3,077
Mar 20220469108.885.08$2,381
Feb 2022040591.054.86$1,968
Jan 2022049381.844.54$2,237
Dec 2021053071.323.90$2,067
Nov 2021054777.435.24$2,865
Oct 2021052879.795.71$3,017
Sep 2021027669.865.35$1,477
Aug 2021031566.024.22$1,329
Jul 2021033570.783.98$1,334
Jun 2021029269.493.38$987
May 2021032563.483.02$981
Apr 2021030060.362.76$828
Mar 2021046661.302.72$1,266
Feb 2021023357.805.55$1,293
Jan 2021032450.412.81$911
Dec 2020027944.642.68$746
Nov 2020029438.772.71$796
Oct 2020044436.972.48$1,100
Sep 2020053337.091.99$1,061
Aug 2020056739.982.39$1,352
Jul 2020061638.371.83$1,124
Jun 2020062534.901.69$1,056
May 2020056816.921.81$1,031
Apr 2020063114.751.80$1,139
Mar 2020074330.341.86$1,379
Feb 2020070049.881.98$1,386
Jan 2020082357.252.09$1,724
Dec 2019072159.012.30$1,661
Nov 2019072955.302.75$2,005
Oct 2019076953.472.42$1,860
Sep 2019078055.052.66$2,073
Aug 2019074653.112.30$1,719
Jul 2019081556.272.46$2,005
Jun 2019072752.782.49$1,811
May 2019074058.482.74$2,028
Apr 2019077762.632.75$2,137
Mar 2019080756.803.06$2,471
Feb 2019075950.852.79$2,119
Jan 2019086746.033.23$2,799
Dec 2018089846.594.19$3,759
Nov 2018089552.934.24$3,792
Oct 2018088161.443.40$2,994
Sep 2018070759.543.11$2,197
Aug 2018089059.403.07$2,729
Jul 2018083065.142.93$2,433
Jun 2018088260.183.08$2,714
May 2018097865.382.90$2,837
Apr 2018092763.842.90$2,689
Mar 201801,02561.222.79$2,857
Feb 2018096261.782.77$2,661
Jan 2018089962.874.01$3,604
Dec 20171398257.272.92$3,613
Nov 201701,05555.423.12$3,290
Oct 2017141,06949.292.98$3,880
Sep 2017141,01547.523.09$3,799
Aug 2017131,22245.373.00$4,261
Jul 201701,18143.873.09$3,646
Jun 2017131,15442.493.09$4,115
May 20171476445.373.26$3,128
Apr 20171495947.933.21$3,751
Mar 20171065046.772.98$2,407
Feb 20171467150.452.95$2,687
Jan 20172692849.413.42$4,457
Dec 2016077848.763.72$2,896
Nov 20161159642.492.64$2,043
Oct 2016241,03846.193.09$4,316
Sep 20161170241.553.10$2,634
Aug 2016278741.442.92$2,384
Jul 2016111,07041.622.92$3,587
Jun 201611,38345.352.69$3,760
May 201601,64742.521.99$3,279
Apr 2016221,65536.561.99$4,099
Mar 201601,66833.011.79$2,992
Feb 2016101,63826.472.06$3,645
Jan 2016101,49327.352.36$3,803
Dec 201501,87632.362.00$3,755
Nov 201502,05038.792.17$4,443
Oct 201502,27943.552.43$5,530
Sep 201501,72942.992.76$4,769
Aug 201501,68140.162.87$4,829
Jul 201501,59148.152.95$4,686
Jun 201501,50356.152.88$4,333
May 201581,46155.212.96$4,760
Apr 201501,47649.822.71$3,995
Mar 201501,54242.892.93$4,525
Feb 201501,55144.662.98$4,616
Jan 201501,03043.433.10$3,194
Dec 201401,39254.693.59$4,999
Nov 201401,57870.464.25$6,709
Oct 201401,74478.303.90$6,803
Sep 201401,57686.164.05$6,376
Aug 201401,61189.394.04$6,501
Jul 201401,58896.564.18$6,637
Jun 201401,52698.164.74$7,228
May 201471,56094.734.73$8,037
Apr 201401,54495.944.81$7,425
Mar 201461,37095.895.06$7,503
Feb 201401,27497.406.19$7,889
Jan 201451,51890.404.86$7,831
Dec 201301,40691.824.35$6,122
Nov 201301,35088.853.74$5,047
Oct 201301,43597.423.78$5,423
Sep 201361,505104.113.72$6,220
Aug 201301,565104.253.52$5,513
Jul 201301,622102.523.72$6,030
Jun 201301,51694.403.93$5,963
May 201301,58194.834.15$6,560
Apr 201301,60693.964.28$6,878
Mar 201301,84993.623.91$7,235
Feb 201301,20891.233.42$4,131
Jan 201301,72891.603.42$5,910
Dec 201201,77286.773.42$6,061
Nov 201201,79986.953.62$6,521
Oct 201201,85389.383.40$6,300
Sep 201201,88594.672.92$5,501
Aug 201202,11592.662.91$6,151
Jul 201252,05585.133.02$6,633
Jun 201202,09679.822.52$5,280
May 201262,15291.612.49$5,905
Apr 201202,163101.652.00$4,319
Mar 201252,219105.052.22$5,456
Feb 2012112,168101.102.57$6,684
Jan 201262,68298.092.73$7,921
Dec 2011112,71996.873.24$9,874
Nov 201163,42595.723.31$11,915
Oct 2011113,31784.983.65$13,037
Sep 2011165,10983.623.99$21,701
Aug 2011488883.404.15$4,018
Jul 2011089294.144.52$4,029
Jun 20110092.904.64$0
May 201101,52598.134.40$6,717
Apr 20110414105.964.33$1,794
Mar 2011122,95296.364.06$13,134
Feb 201163,13085.644.18$13,597
Jan 2011163,27986.504.59$16,431
Dec 2010103,59985.734.35$16,505
Nov 2010113,70380.843.80$14,943
Oct 2010114,02878.103.51$14,993
Sep 2010124,05772.633.98$17,016
Aug 2010154,95473.684.42$22,999
Jul 201075,36172.554.74$25,900
Jun 201074,33470.364.91$21,774
May 201010071.124.24$711
Apr 2010385,90081.694.12$27,428
Mar 20103710,27678.394.39$47,998

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                  118 Mcf  × $  3.05 =       $359

────────────────────────────────────────────────────
Month total                                     $359

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/256321 is the state's own key, not one this site invented.