GALVAN B

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 256894District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$506 k
Mar 2010 – May 2026
Value, last 12 filed months
$2 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 Gas112012-11-15207740
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
CondensateDisposition128 bbl$8,590
GasProduction132,305 Mcf$496,978
Total$505,568

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 28.0039, -99.7156. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.00389, -99.71556 · 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
6,500 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 6,500 ft.

Completions filed
Mar 2010
1 of 1 wells

1 well

42-4794075346,500 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 2026049106.413.05$149
Apr 202604298.932.87$121
Mar 202605389.753.15$167
Feb 202603363.503.75$124
Jan 202603659.138.00$288
Dec 202503756.664.41$163
Nov 202502658.593.93$102
Oct 202503459.383.30$112
Sep 2025026662.743.08$818
Aug 202503963.933.01$118
Jul 202503066.743.32$99
Jun 202503066.483.13$94
May 2025021660.553.23$698
Apr 202503462.363.54$120
Mar 202503667.704.27$154
Feb 202503970.884.34$169
Jan 202502974.324.28$124
Dec 202402868.993.12$87
Nov 202404669.052.20$101
Oct 202404271.372.28$96
Sep 202403869.612.36$90
Aug 202404075.632.06$83
Jul 202403679.932.15$77
Jun 202404078.082.63$105
May 202403578.812.20$77
Apr 202403384.451.66$55
Mar 202404480.301.55$68
Feb 202404676.091.78$82
Jan 202404573.023.30$148
Dec 202304171.262.61$107
Nov 202304377.892.81$121
Oct 202303985.443.09$120
Sep 202304589.042.74$123
Aug 202304580.522.67$120
Jul 202305174.852.64$135
Jun 202304268.962.26$95
May 202305170.622.23$114
Apr 202304578.122.24$101
Mar 202305172.852.39$122
Feb 202305075.112.47$123
Jan 202306676.533.39$224
Dec 202205276.415.73$298
Nov 202205585.005.65$311
Oct 202205087.185.86$293
Sep 202205484.888.16$441
Aug 202205494.529.13$493
Jul 2022055101.587.54$415
Jun 2022062115.097.98$495
May 2022059109.378.43$498
Apr 2022060104.226.84$410
Mar 2022074108.885.08$376
Feb 202205491.054.86$262
Jan 202206981.844.54$313
Dec 202106571.323.90$253
Nov 202106477.435.24$335
Oct 202107079.795.71$400
Sep 2021010769.865.35$573
Aug 2021011266.024.22$473
Jul 2021011270.783.98$446
Jun 2021010769.493.38$362
May 2021011363.483.02$341
Apr 2021012160.362.76$334
Mar 2021012261.302.72$331
Feb 202109557.805.55$527
Jan 2021012150.412.81$340
Dec 2020012844.642.68$342
Nov 2020010738.772.71$290
Oct 2020013236.972.48$327
Sep 2020012737.091.99$253
Aug 2020013639.982.39$324
Jul 2020012838.371.83$234
Jun 2020012134.901.69$205
May 2020012616.921.81$229
Apr 2020011614.751.80$209
Mar 2020026230.341.86$486
Feb 2020024749.881.98$489
Jan 2020029157.252.09$610
Dec 2019025559.012.30$588
Nov 2019025855.302.75$710
Oct 2019027153.472.42$655
Sep 2019027555.052.66$731
Aug 2019026353.112.30$606
Jul 2019028856.272.46$709
Jun 2019025752.782.49$640
May 2019026158.482.74$715
Apr 2019027462.632.75$754
Mar 2019028556.803.06$873
Feb 2019026850.852.79$748
Jan 2019030646.033.23$988
Dec 2018031746.594.19$1,327
Nov 2018031652.934.24$1,339
Oct 2018031161.443.40$1,057
Sep 2018025059.543.11$777
Aug 2018031459.403.07$963
Jul 2018029365.142.93$859
Jun 2018031260.183.08$960
May 2018034665.382.90$1,004
Apr 2018032763.842.90$949
Mar 2018036261.222.79$1,009
Feb 2018034061.782.77$940
Jan 2018031862.874.01$1,275
Dec 2017034757.272.92$1,014
Nov 2017237355.423.12$1,274
Oct 2017040449.292.98$1,205
Sep 2017034947.523.09$1,077
Aug 2017037145.373.00$1,115
Jul 2017036043.873.09$1,111
Jun 2017035942.493.09$1,108
May 2017038845.373.26$1,266
Apr 2017038947.933.21$1,249
Mar 2017046346.772.98$1,381
Feb 2017051050.452.95$1,506
Jan 2017144249.413.42$1,561
Dec 2016046548.763.72$1,731
Nov 2016048242.492.64$1,275
Oct 20161029646.193.09$1,377
Sep 2016045141.553.10$1,398
Aug 2016257441.442.92$1,761
Jul 2016057541.622.92$1,682
Jun 2016152045.352.69$1,442
May 2016983242.521.99$2,039
Apr 2016090736.561.99$1,806
Mar 201601,23733.011.79$2,219
Feb 2016101,40626.472.06$3,166
Jan 201601,41527.352.36$3,346
Dec 201561,51932.362.00$3,234
Nov 201501,37838.792.17$2,987
Oct 201501,50343.552.43$3,647
Sep 2015242342.992.76$1,253
Aug 2015041240.162.87$1,183
Jul 2015036548.152.95$1,075
Jun 2015032456.152.88$934
May 2015437955.212.96$1,341
Apr 2015038549.822.71$1,042
Mar 2015089942.892.93$2,638
Feb 201551,09744.662.98$3,488
Jan 2015085943.433.10$2,663
Dec 201401,24154.693.59$4,457
Nov 2014078570.464.25$3,338
Oct 2014386778.303.90$3,617
Sep 2014373386.164.05$3,224
Aug 2014083589.394.04$3,369
Jul 2014082996.564.18$3,465
Jun 2014079098.164.74$3,742
May 2014062194.734.73$2,935
Apr 2014495295.944.81$4,962
Mar 201431,12095.895.06$5,951
Feb 201401,23897.406.19$7,666
Jan 201401,23290.404.86$5,988
Dec 201301,18491.824.35$5,156
Nov 201301,16588.853.74$4,355
Oct 2013084597.423.78$3,194
Sep 20130936104.113.72$3,480
Aug 20130791104.253.52$2,786
Jul 20130975102.523.72$3,625
Jun 2013097394.403.93$3,827
May 201301,47394.834.15$6,112
Apr 201301,02393.964.28$4,381
Mar 201301,55193.623.91$6,069
Feb 201301,75291.233.42$5,992
Jan 2013042591.603.42$1,453
Dec 2012068686.773.42$2,346
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 2012077192.662.91$2,242
Jul 2012051985.133.02$1,568
Jun 201201479.822.52$35
May 20122091.612.49$183
Apr 201200101.652.00$0
Mar 20120944105.052.22$2,098
Feb 201201,325101.102.57$3,406
Jan 201231,39098.092.73$4,095
Dec 201101,61496.873.24$5,229
Nov 201131,95995.723.31$6,774
Oct 201141,93584.983.65$7,400
Sep 201103,25283.623.99$12,962
Aug 2011071483.404.15$2,963
Jul 201103294.144.52$145
Jun 201142,24592.904.64$10,788
May 2011310298.134.40$744
Apr 201101,320105.964.33$5,720
Mar 201141,72396.364.06$7,376
Feb 201142,17185.644.18$9,417
Jan 2011102,43186.504.59$12,020
Dec 201003,24285.734.35$14,095
Nov 201002,73680.843.80$10,384
Oct 201003,31878.103.51$11,643
Sep 201053,47272.633.98$14,180
Aug 201004,07173.684.42$17,991
Jul 201064,37272.554.74$21,143
Jun 201004,68970.364.91$23,025
May 201085,73471.124.24$24,854
Apr 201077,70081.694.12$32,317
Mar 201007,06478.394.39$31,002

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                   49 Mcf  × $  3.05 =       $149

────────────────────────────────────────────────────
Month total                                     $149

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/256894 is the state's own key, not one this site invented.