GALVAN RANCH P11

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 257177District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$854 k
Apr 2010 – May 2026
Value, last 12 filed months
$8 k
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 Gas112012-11-19207737
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
CondensateDisposition364 bbl$27,245
GasProduction216,614 Mcf$826,256
Total$853,501

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 28.0333, -99.6575. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03333, -99.65750 · 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
6,756 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 6,756 ft.

Completions filed
Apr 2010
1 of 1 wells

1 well

42-4794075936,756 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 20260155106.413.05$472
Apr 2026021998.932.87$628
Mar 2026019989.753.15$627
Feb 2026019863.503.75$743
Jan 2026021059.138.00$1,680
Dec 2025022856.664.41$1,006
Nov 2025026158.593.93$1,025
Oct 2025031959.383.30$1,054
Sep 20250062.743.08$0
Aug 2025034863.933.01$1,049
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 2025038362.363.54$1,357
Mar 2025040767.704.27$1,737
Feb 2025047470.884.34$2,058
Jan 2025041074.324.28$1,754
Dec 2024045368.993.12$1,414
Nov 2024032569.052.20$714
Oct 2024045471.372.28$1,036
Sep 2024042669.612.36$1,007
Aug 2024043975.632.06$906
Jul 2024044879.932.15$962
Jun 2024043078.082.63$1,133
May 2024039978.812.20$877
Apr 2024042784.451.66$708
Mar 2024044980.301.55$694
Feb 2024050276.091.78$895
Jan 2024042373.023.30$1,395
Dec 2023044471.262.61$1,159
Nov 2023043177.892.81$1,210
Oct 2023037485.443.09$1,155
Sep 2023039889.042.74$1,089
Aug 2023039880.522.67$1,064
Jul 2023039174.852.64$1,033
Jun 2023038268.962.26$863
May 2023046570.622.23$1,036
Apr 2023042278.122.24$944
Mar 2023046572.852.39$1,113
Feb 2023039475.112.47$971
Jan 2023037576.533.39$1,270
Dec 2022054276.415.73$3,105
Nov 2022053585.005.65$3,021
Oct 2022045587.185.86$2,668
Sep 2022045484.888.16$3,706
Aug 2022038394.529.13$3,496
Jul 20220504101.587.54$3,801
Jun 20220530115.097.98$4,228
May 20220494109.378.43$4,166
Apr 20220589104.226.84$4,027
Mar 20220614108.885.08$3,117
Feb 2022052991.054.86$2,570
Jan 2022064481.844.54$2,922
Dec 2021069371.323.90$2,702
Nov 2021071577.435.24$3,744
Oct 2021069079.795.71$3,943
Sep 202108569.865.35$455
Aug 202109766.024.22$409
Jul 2021010370.783.98$410
Jun 202109069.493.38$304
May 2021010063.483.02$302
Apr 202109260.362.76$254
Mar 202109361.302.72$253
Feb 202107257.805.55$399
Jan 202109950.412.81$278
Dec 202008644.642.68$230
Nov 2020015938.772.71$430
Oct 2020032236.972.48$798
Sep 2020030237.091.99$601
Aug 2020032139.982.39$766
Jul 2020034938.371.83$637
Jun 2020035534.901.69$600
May 2020032216.921.81$584
Apr 2020035814.751.80$646
Mar 2020089330.341.86$1,658
Feb 2020084149.881.98$1,666
Jan 2020099057.252.09$2,074
Dec 2019086759.012.30$1,998
Nov 2019087655.302.75$2,410
Oct 2019092453.472.42$2,235
Sep 2019093855.052.66$2,493
Aug 2019089753.112.30$2,067
Jul 2019097956.272.46$2,408
Jun 2019087352.782.49$2,175
May 2019089058.482.74$2,439
Apr 2019093362.632.75$2,566
Mar 2019097156.803.06$2,973
Feb 2019091350.852.79$2,549
Jan 201901,04246.033.23$3,364
Dec 201801,08046.594.19$4,520
Nov 201801,07652.934.24$4,559
Oct 201801,06061.443.40$3,602
Sep 2018085059.543.11$2,642
Aug 201801,07059.403.07$3,281
Jul 2018099765.142.93$2,923
Jun 201801,06160.183.08$3,265
May 201801,17665.382.90$3,411
Apr 201801,11463.842.90$3,231
Mar 201801,23361.222.79$3,436
Feb 201801,15661.782.77$3,198
Jan 201801,08162.874.01$4,334
Dec 201701,18057.272.92$3,447
Nov 201731,26955.423.12$4,123
Oct 201731,28449.292.98$3,979
Sep 201731,06247.523.09$3,421
Aug 201731,25845.373.00$3,916
Jul 201701,10143.873.09$3,399
Jun 2017388942.493.09$2,872
May 2017369445.373.26$2,401
Apr 2017385247.933.21$2,880
Mar 2017263946.772.98$2,000
Feb 2017349350.452.95$1,607
Jan 2017657449.413.42$2,259
Dec 2016081748.763.72$3,042
Nov 2016347042.492.64$1,370
Oct 2016643846.193.09$1,631
Sep 2016343941.553.10$1,486
Aug 2016033341.442.92$974
Jul 2016325541.622.92$871
Jun 2016026845.352.69$720
May 2016029042.521.99$577
Apr 2016531936.561.99$818
Mar 2016040633.011.79$728
Feb 2016239326.472.06$864
Jan 2016232427.352.36$821
Dec 2015035232.362.00$705
Nov 2015019638.792.17$425
Oct 2015021843.552.43$529
Sep 201506142.992.76$168
Aug 201505940.162.87$169
Jul 201505348.152.95$156
Jun 201504656.152.88$133
May 201551,06755.212.96$3,430
Apr 201501,07849.822.71$2,918
Mar 2015070042.892.93$2,054
Feb 2015036744.662.98$1,092
Jan 201501843.433.10$56
Dec 2014026954.693.59$966
Nov 201405570.464.25$234
Oct 201406178.303.90$238
Sep 2014049886.164.05$2,015
Aug 201402,02589.394.04$8,171
Jul 201401,99596.564.18$8,338
Jun 201401,91798.164.74$9,081
May 201481,98994.734.73$10,159
Apr 201402,00895.944.81$9,657
Mar 201481,59095.895.06$8,807
Feb 201401,48997.406.19$9,220
Jan 201462,01990.404.86$10,356
Dec 201301,80891.824.35$7,873
Nov 201301,26888.853.74$4,740
Oct 2013099797.423.78$3,768
Sep 201371,918104.113.72$7,859
Aug 201302,428104.253.52$8,553
Jul 201302,292102.523.72$8,521
Jun 201301,92094.403.93$7,552
May 201302,42694.834.15$10,066
Apr 201302,71893.964.28$11,640
Mar 201302,84393.623.91$11,124
Feb 201302,18291.233.42$7,462
Jan 201303,01091.603.42$10,294
Dec 201202,41486.773.42$8,256
Nov 201202,79486.953.62$10,128
Oct 201202,72089.383.40$9,247
Sep 201202,82794.672.92$8,250
Aug 201203,06592.662.91$8,914
Jul 2012096285.133.02$2,906
Jun 2012030279.822.52$761
May 201208291.612.49$204
Apr 20120112101.652.00$224
Mar 20120128105.052.22$284
Feb 2012177101.102.57$299
Jan 2012135798.092.73$1,074
Dec 2011487996.873.24$3,235
Nov 201121,00495.723.31$3,516
Oct 201151,48184.983.65$5,828
Sep 201135283.623.99$458
Aug 20114083.404.15$334
Jul 2011097094.144.52$4,382
Jun 201101692.904.64$74
May 20110098.134.40$0
Apr 20110806105.964.33$3,493
Mar 2011184,53696.364.06$20,139
Feb 201184,52485.644.18$19,595
Jan 2011245,00086.504.59$25,020
Dec 2010155,30685.734.35$24,355
Nov 2010165,27980.843.80$21,329
Oct 2010165,59978.103.51$20,896
Sep 2010165,75072.633.98$24,044
Aug 2010206,63173.684.42$30,778
Jul 2010127,34972.554.74$35,679
Jun 2010298,29070.364.91$42,748
May 20104811,25271.124.24$51,068
Apr 20103211,58181.694.12$50,359

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                  155 Mcf  × $  3.05 =       $472

────────────────────────────────────────────────────
Month total                                     $472

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/257177 is the state's own key, not one this site invented.