GALVAN RANCH L12

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 256339District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$893 k
Mar 2010 – May 2026
Value, last 12 filed months
$6 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 Gas112012-11-19207718
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
CondensateDisposition176 bbl$13,492
GasProduction231,401 Mcf$879,532
Total$893,023

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 28.0072, -99.7086. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.00722, -99.70861 · 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
6,475 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 6,475 ft.

Completions filed
Mar 2010
1 of 1 wells

1 well

42-4794075226,475 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 20260195106.413.05$594
Apr 2026016798.932.87$479
Mar 2026018489.753.15$580
Feb 2026013163.503.75$491
Jan 2026014259.138.00$1,136
Dec 2025014956.664.41$658
Nov 2025010258.593.93$401
Oct 2025013259.383.30$436
Sep 2025011262.743.08$345
Aug 2025015663.933.01$470
Jul 2025012266.743.32$404
Jun 2025012266.483.13$382
May 202509060.553.23$291
Apr 2025013562.363.54$478
Mar 2025014567.704.27$619
Feb 2025015570.884.34$673
Jan 2025011474.324.28$488
Dec 2024011568.993.12$359
Nov 2024018269.052.20$400
Oct 2024017071.372.28$388
Sep 2024015169.612.36$357
Aug 2024016275.632.06$334
Jul 2024014679.932.15$313
Jun 2024016278.082.63$427
May 2024014178.812.20$310
Apr 2024013084.451.66$216
Mar 2024017780.301.55$273
Feb 2024018576.091.78$330
Jan 2024018073.023.30$594
Dec 2023016471.262.61$428
Nov 2023017277.892.81$483
Oct 2023015785.443.09$485
Sep 2023017989.042.74$490
Aug 2023017980.522.67$478
Jul 2023020174.852.64$531
Jun 2023016768.962.26$377
May 2023020470.622.23$454
Apr 2023018078.122.24$403
Mar 2023020472.852.39$488
Feb 2023019875.112.47$488
Jan 2023026476.533.39$894
Dec 2022020876.415.73$1,192
Nov 2022022085.005.65$1,242
Oct 2022019887.185.86$1,161
Sep 2022021584.888.16$1,755
Aug 2022021694.529.13$1,971
Jul 20220220101.587.54$1,659
Jun 20220248115.097.98$1,978
May 20220236109.378.43$1,990
Apr 20220240104.226.84$1,641
Mar 20220297108.885.08$1,508
Feb 2022021791.054.86$1,054
Jan 2022027781.844.54$1,257
Dec 2021026071.323.90$1,014
Nov 2021025777.435.24$1,346
Oct 2021028179.795.71$1,606
Sep 2021021569.865.35$1,150
Aug 2021022466.024.22$945
Jul 2021022370.783.98$888
Jun 2021021569.493.38$727
May 2021022763.483.02$685
Apr 2021024160.362.76$665
Mar 2021024361.302.72$660
Feb 2021019057.805.55$1,054
Jan 2021024350.412.81$683
Dec 2020025544.642.68$682
Nov 2020021538.772.71$582
Oct 2020026336.972.48$652
Sep 2020025537.091.99$508
Aug 2020027139.982.39$646
Jul 2020025638.371.83$467
Jun 2020024034.901.69$406
May 2020025216.921.81$457
Apr 2020023414.751.80$422
Mar 2020026530.341.86$492
Feb 2020025049.881.98$495
Jan 2020029457.252.09$616
Dec 2019025859.012.30$595
Nov 2019026155.302.75$718
Oct 2019027553.472.42$665
Sep 2019027955.052.66$741
Aug 2019026753.112.30$615
Jul 2019029156.272.46$716
Jun 2019026052.782.49$648
May 2019026558.482.74$726
Apr 2019027862.632.75$765
Mar 2019028956.803.06$885
Feb 2019027150.852.79$757
Jan 2019031046.033.23$1,001
Dec 2018032146.594.19$1,344
Nov 2018032052.934.24$1,356
Oct 2018031561.443.40$1,070
Sep 2018025359.543.11$786
Aug 2018031859.403.07$975
Jul 2018029765.142.93$871
Jun 2018031560.183.08$969
May 2018035065.382.90$1,015
Apr 2018033163.842.90$960
Mar 2018036661.222.79$1,020
Feb 2018034461.782.77$952
Jan 2018032162.874.01$1,287
Dec 2017035157.272.92$1,025
Nov 2017537755.423.12$1,453
Oct 2017140949.292.98$1,270
Sep 2017145847.523.09$1,461
Aug 2017158645.373.00$1,806
Jul 2017034843.873.09$1,074
Jun 2017135142.493.09$1,126
May 2017169845.373.26$2,323
Apr 2017171447.933.21$2,341
Mar 2017067346.772.98$2,008
Feb 2017165950.452.95$1,996
Jan 2017182249.413.42$2,860
Dec 201601,05748.763.72$3,935
Nov 201601,08842.492.64$2,877
Oct 2016337746.193.09$1,304
Sep 2016048941.553.10$1,516
Aug 2016041141.442.92$1,202
Jul 2016064241.622.92$1,877
Jun 2016033045.352.69$886
May 2016227242.521.99$627
Apr 2016026936.561.99$536
Mar 2016033333.011.79$597
Feb 2016237926.472.06$835
Jan 2016038127.352.36$901
Dec 2015338632.362.00$870
Nov 2015044938.792.17$973
Oct 2015049043.552.43$1,189
Sep 2015553742.992.76$1,696
Aug 2015052440.162.87$1,505
Jul 2015070248.152.95$2,067
Jun 2015091056.152.88$2,623
May 2015593055.212.96$3,025
Apr 2015094449.822.71$2,555
Mar 201501,03342.892.93$3,032
Feb 201551,16044.662.98$3,676
Jan 2015085343.433.10$2,645
Dec 201401,06254.693.59$3,814
Nov 201401,06770.464.25$4,537
Oct 201451,17978.303.90$4,991
Sep 201441,14886.164.05$4,989
Aug 201401,15789.394.04$4,669
Jul 201401,14896.564.18$4,798
Jun 201401,09498.164.74$5,182
May 201401,00094.734.73$4,727
Apr 201441,28995.944.81$6,583
Mar 2014598695.895.06$5,465
Feb 201401,18697.406.19$7,344
Jan 201401,37190.404.86$6,664
Dec 201301,37891.824.35$6,000
Nov 201301,34188.853.74$5,013
Oct 201301,50697.423.78$5,692
Sep 201301,741104.113.72$6,473
Aug 201302,047104.253.52$7,211
Jul 201301,016102.523.72$3,777
Jun 2013074694.403.93$2,934
May 201301,00394.834.15$4,162
Apr 201301,41293.964.28$6,047
Mar 201301,35393.623.91$5,294
Feb 201301,29291.233.42$4,419
Jan 201301,44591.603.42$4,942
Dec 201201,82586.773.42$6,242
Nov 201202,02386.953.62$7,333
Oct 201202,13989.383.40$7,272
Sep 201202,01294.672.92$5,872
Aug 201202,37392.662.91$6,901
Jul 201202,56285.133.02$7,739
Jun 201202,67779.822.52$6,743
May 201262,83091.612.49$7,592
Apr 201203,153101.652.00$6,296
Mar 201203,560105.052.22$7,911
Feb 201203,455101.102.57$8,880
Jan 201264,30098.092.73$12,345
Dec 201103,78096.873.24$12,246
Nov 201164,06495.723.31$14,031
Oct 201174,82084.983.65$18,181
Sep 201105,77683.623.99$23,022
Aug 201101,79083.404.15$7,427
Jul 20110094.144.52$0
Jun 201173,93692.904.64$18,913
May 20117098.134.40$687
Apr 201102,660105.964.33$11,527
Mar 201183,70396.364.06$15,795
Feb 201194,70185.644.18$20,421
Jan 2011175,28986.504.59$25,741
Dec 201005,36985.734.35$23,343
Nov 201002,07380.843.80$7,868
Oct 201006,11178.103.51$21,443
Sep 2010116,49972.633.98$26,662
Aug 201007,89673.684.42$34,895
Jul 2010129,16572.554.74$44,281
Jun 2010010,66670.364.91$52,374
May 20101312,34071.124.24$53,187
Apr 20101112,75781.694.12$53,492
Mar 2010011,39978.394.39$50,026

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                  195 Mcf  × $  3.05 =       $594

────────────────────────────────────────────────────
Month total                                     $594

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/256339 is the state's own key, not one this site invented.