GALVAN RANCH K14

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 257176District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$419 k
Apr 2010 – May 2026
Value, last 12 filed months
$107
at the published price for each month
Months reported
194
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 Gas112012-11-15207738
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
CondensateDisposition264 bbl$19,365
GasProduction110,949 Mcf$399,261
Total$418,626

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 28.0339, -99.7220. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03389, -99.72199 · 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
6,350 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 6,350 ft.

Completions filed
Apr 2010
1 of 1 wells

1 well

42-4794078526,350 ftApr 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 (194)

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

194 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202603489.753.15$107
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023021475.112.47$528
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021027969.865.35$1,493
Aug 2021029166.024.22$1,228
Jul 2021029070.783.98$1,155
Jun 2021027969.493.38$943
May 2021029563.483.02$890
Apr 2021031460.362.76$866
Mar 2021031661.302.72$859
Feb 2021024657.805.55$1,365
Jan 2021026150.412.81$733
Dec 2020035744.642.68$955
Nov 2020030938.772.71$836
Oct 2020026636.972.48$659
Sep 2020028737.091.99$571
Aug 2020029239.982.39$696
Jul 2020029438.371.83$537
Jun 2020036434.901.69$615
May 2020039616.921.81$719
Apr 2020031914.751.80$576
Mar 2020045830.341.86$850
Feb 2020043249.881.98$856
Jan 2020050857.252.09$1,064
Dec 2019044559.012.30$1,025
Nov 2019045055.302.75$1,238
Oct 2019047453.472.42$1,146
Sep 2019048155.052.66$1,278
Aug 2019046053.112.30$1,060
Jul 2019050356.272.46$1,237
Jun 2019044852.782.49$1,116
May 2019045758.482.74$1,252
Apr 2019047962.632.75$1,318
Mar 2019049856.803.06$1,525
Feb 2019046850.852.79$1,307
Jan 2019153546.033.23$1,773
Dec 2018055446.594.19$2,319
Nov 2018055252.934.24$2,339
Oct 2018054461.443.40$1,849
Sep 2018043659.543.11$1,355
Aug 2018054959.403.07$1,684
Jul 2018051265.142.93$1,501
Jun 2018054460.183.08$1,674
May 2018060465.382.90$1,752
Apr 2018057263.842.90$1,659
Mar 2018063361.222.79$1,764
Feb 2018059361.782.77$1,640
Jan 2018055562.874.01$2,225
Dec 2017060657.272.92$1,770
Nov 2017065155.423.12$2,030
Oct 2017030449.292.98$907
Sep 201707747.523.09$238
Aug 2017028645.373.00$859
Jul 2017034143.873.09$1,053
Jun 2017228642.493.09$968
May 2017033745.373.26$1,100
Apr 2017031247.933.21$1,002
Mar 2017129546.772.98$927
Feb 2017032150.452.95$948
Jan 2017634649.413.42$1,479
Dec 2016740048.763.72$1,830
Nov 2016025442.492.64$672
Oct 2016129646.193.09$961
Sep 2016043541.553.10$1,349
Aug 2016154841.442.92$1,644
Jul 2016037241.622.92$1,088
Jun 2016050645.352.69$1,359
May 20161757642.521.99$1,870
Apr 2016051036.561.99$1,015
Mar 2016062333.011.79$1,118
Feb 2016058426.472.06$1,205
Jan 201601,01827.352.36$2,407
Dec 2015960132.362.00$1,494
Nov 2015038038.792.17$824
Oct 2015042343.552.43$1,026
Sep 2015058842.992.76$1,622
Aug 2015059340.162.87$1,703
Jul 2015054548.152.95$1,605
Jun 20151150656.152.88$2,076
May 2015060855.212.96$1,797
Apr 2015061949.822.71$1,675
Mar 2015063642.892.93$1,866
Feb 2015965544.662.98$2,351
Jan 2015044643.433.10$1,383
Dec 2014065354.693.59$2,345
Nov 2014070070.464.25$2,976
Oct 2014077478.303.90$3,019
Sep 2014773486.164.05$3,572
Aug 2014038989.394.04$1,570
Jul 2014038696.564.18$1,613
Jun 2014036798.164.74$1,738
May 2014967694.734.73$4,048
Apr 2014053495.944.81$2,568
Mar 2014064995.895.06$3,282
Feb 2014065097.406.19$4,025
Jan 2014084990.404.86$4,127
Dec 2013050091.824.35$2,177
Nov 2013047088.853.74$1,757
Oct 2013073797.423.78$2,785
Sep 20139775104.113.72$3,818
Aug 20130500104.253.52$1,761
Jul 20130398102.523.72$1,480
Jun 2013057094.403.93$2,242
May 2013076994.834.15$3,191
Apr 2013077693.964.28$3,323
Mar 2013085493.623.91$3,342
Feb 2013073991.233.42$2,527
Jan 2013083791.603.42$2,862
Dec 2012094886.773.42$3,242
Nov 2012084386.953.62$3,056
Oct 2012076489.383.40$2,597
Sep 2012094894.672.92$2,767
Aug 201281,25792.662.91$4,397
Jul 201201,02385.133.02$3,090
Jun 2012978379.822.52$2,691
May 201201,02991.612.49$2,560
Apr 20120863101.652.00$1,723
Mar 201201,299105.052.22$2,886
Feb 20120752101.102.57$1,933
Jan 201201,22598.092.73$3,349
Dec 2011092896.873.24$3,006
Nov 20111664795.723.31$3,674
Oct 201101,05384.983.65$3,842
Sep 2011087583.623.99$3,488
Aug 2011214,71183.404.15$21,299
Jul 2011054294.144.52$2,448
Jun 2011760292.904.64$3,444
May 201151,16098.134.40$5,600
Apr 20110816105.964.33$3,536
Mar 2011527696.364.06$1,602
Feb 201101,09085.644.18$4,556
Jan 201161,43986.504.59$7,122
Dec 201082,15685.734.35$10,060
Nov 2010102,23880.843.80$9,302
Oct 201002,40078.103.51$8,421
Sep 201002,70372.633.98$10,757
Aug 2010132,66373.684.42$12,727
Jul 2010163,17972.554.74$16,218
Jun 2010243,68270.364.91$19,769
May 2010265,15571.124.24$23,682
Apr 201009,28381.694.12$38,271

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                   34 Mcf  × $  3.15 =       $107

────────────────────────────────────────────────────
Month total                                     $107

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/257176 is the state's own key, not one this site invented.