GALVAN RANCH L9

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 257808District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$401 k
Apr 2010 – May 2026
Value, last 12 filed months
$10 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 Gas112012-11-19207736
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
CondensateDisposition74 bbl$4,991
GasProduction109,949 Mcf$395,575
Total$400,567

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 28.0169, -99.7031. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.01685, -99.70313 · 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
6,430 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 6,430 ft.

Completions filed
Apr 2010
1 of 1 wells

1 well

42-4794076426,430 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 20260244106.413.05$743
Apr 2026020998.932.87$600
Mar 2026023789.753.15$746
Feb 2026016463.503.75$615
Jan 2026017859.138.00$1,424
Dec 2025018756.664.41$825
Nov 2025012858.593.93$503
Oct 2025016659.383.30$549
Sep 2025080062.743.08$2,462
Aug 2025019563.933.01$588
Jul 2025015266.743.32$504
Jun 2025015266.483.13$476
May 2025064860.553.23$2,095
Apr 2025016962.363.54$599
Mar 2025018267.704.27$777
Feb 2025019370.884.34$838
Jan 2025014374.324.28$612
Dec 2024014368.993.12$446
Nov 2024022869.052.20$501
Oct 2024021271.372.28$484
Sep 2024019069.612.36$449
Aug 2024020275.632.06$417
Jul 2024018279.932.15$391
Jun 2024020278.082.63$532
May 2024017778.812.20$389
Apr 2024016384.451.66$270
Mar 2024022180.301.55$341
Feb 2024023076.091.78$410
Jan 2024022573.023.30$742
Dec 2023020571.262.61$535
Nov 2023021577.892.81$604
Oct 2023019785.443.09$608
Sep 2023022389.042.74$610
Aug 2023022380.522.67$596
Jul 2023025174.852.64$663
Jun 2023020968.962.26$472
May 2023025570.622.23$568
Apr 2023022578.122.24$504
Mar 2023025572.852.39$610
Feb 2023024875.112.47$611
Jan 2023033176.533.39$1,121
Dec 2022026076.415.73$1,490
Nov 2022027685.005.65$1,558
Oct 2022024887.185.86$1,454
Sep 2022026984.888.16$2,196
Aug 2022027094.529.13$2,464
Jul 20220275101.587.54$2,074
Jun 20220310115.097.98$2,473
May 20220294109.378.43$2,479
Apr 20220300104.226.84$2,051
Mar 20220371108.885.08$1,883
Feb 2022027191.054.86$1,317
Jan 2022034781.844.54$1,575
Dec 2021032571.323.90$1,267
Nov 2021032177.435.24$1,681
Oct 2021035179.795.71$2,006
Sep 2021032269.865.35$1,723
Aug 2021033666.024.22$1,418
Jul 2021033570.783.98$1,334
Jun 2021032269.493.38$1,089
May 2021034063.483.02$1,026
Apr 2021036260.362.76$999
Mar 2021036561.302.72$992
Feb 2021028457.805.55$1,576
Jan 2021036450.412.81$1,023
Dec 2020038244.642.68$1,022
Nov 2020032238.772.71$872
Oct 2020039536.972.48$979
Sep 2020038237.091.99$761
Aug 2020040739.982.39$971
Jul 2020038538.371.83$703
Jun 2020036134.901.69$610
May 2020015116.921.81$274
Apr 2020014014.751.80$253
Mar 2020033630.341.86$624
Feb 2020031749.881.98$628
Jan 2020037357.252.09$781
Dec 2019032759.012.30$754
Nov 2019033055.302.75$908
Oct 2019034853.472.42$842
Sep 2019035355.052.66$938
Aug 2019033853.112.30$779
Jul 2019036956.272.46$908
Jun 2019032952.782.49$820
May 2019033558.482.74$918
Apr 2019035262.632.75$968
Mar 2019036656.803.06$1,121
Feb 2019034450.852.79$961
Jan 2019039346.033.23$1,269
Dec 2018040746.594.19$1,703
Nov 2018040552.934.24$1,716
Oct 2018039961.443.40$1,356
Sep 2018032059.543.11$995
Aug 2018040359.403.07$1,236
Jul 2018037665.142.93$1,102
Jun 2018040060.183.08$1,231
May 2018044365.382.90$1,285
Apr 2018042063.842.90$1,218
Mar 2018046561.222.79$1,296
Feb 2018043661.782.77$1,206
Jan 2018040762.874.01$1,632
Dec 2017044557.272.92$1,300
Nov 2017547855.423.12$1,768
Oct 2017151849.292.98$1,595
Sep 2017148547.523.09$1,545
Aug 2017157545.373.00$1,773
Jul 2017038543.873.09$1,189
Jun 2017132642.493.09$1,049
May 2017135945.373.26$1,217
Apr 2017138747.933.21$1,291
Mar 2017051346.772.98$1,531
Feb 2017166650.452.95$2,017
Jan 2017163749.413.42$2,227
Dec 2016057848.763.72$2,152
Nov 2016072542.492.64$1,917
Oct 2016489146.193.09$2,938
Sep 2016042941.553.10$1,330
Aug 2016148641.442.92$1,463
Jul 2016042741.622.92$1,249
Jun 2016034345.352.69$921
May 2016333342.521.99$791
Apr 2016033036.561.99$657
Mar 2016039733.011.79$712
Feb 2016350326.472.06$1,117
Jan 2016051227.352.36$1,211
Dec 2015468632.362.00$1,502
Nov 2015066538.792.17$1,441
Oct 2015072643.552.43$1,762
Sep 2015263642.992.76$1,840
Aug 2015062140.162.87$1,784
Jul 2015044848.152.95$1,319
Jun 2015027556.152.88$793
May 2015214555.212.96$539
Apr 2015014749.822.71$398
Mar 2015044242.892.93$1,297
Feb 2015249544.662.98$1,563
Jan 2015036343.433.10$1,126
Dec 2014021454.693.59$769
Nov 2014017570.464.25$744
Oct 2014119378.303.90$831
Sep 2014217386.164.05$872
Aug 2014021189.394.04$851
Jul 2014020996.564.18$874
Jun 2014020098.164.74$947
May 2014066194.734.73$3,124
Apr 2014257095.944.81$2,933
Mar 2014244395.895.06$2,432
Feb 2014052397.406.19$3,238
Jan 2014073290.404.86$3,558
Dec 2013065591.824.35$2,852
Nov 2013063388.853.74$2,366
Oct 2013065597.423.78$2,475
Sep 20130670104.113.72$2,491
Aug 20130741104.253.52$2,610
Jul 20130831102.523.72$3,089
Jun 2013062294.403.93$2,447
May 2013080494.834.15$3,336
Apr 2013081093.964.28$3,469
Mar 2013067693.623.91$2,645
Feb 2013088291.233.42$3,016
Jan 2013073691.603.42$2,517
Dec 2012093486.773.42$3,194
Nov 2012094586.953.62$3,426
Oct 2012098989.383.40$3,362
Sep 2012093294.672.92$2,720
Aug 201201,11892.662.91$3,251
Jul 201201,04385.133.02$3,151
Jun 201201,14579.822.52$2,884
May 201221,14091.612.49$3,020
Apr 201201,219101.652.00$2,434
Mar 201201,415105.052.22$3,144
Feb 201201,153101.102.57$2,963
Jan 201221,30998.092.73$3,775
Dec 201101,44496.873.24$4,678
Nov 201121,43995.723.31$4,956
Oct 201131,41884.983.65$5,429
Sep 201101,58183.623.99$6,302
Aug 201102,04783.404.15$8,494
Jul 20110094.144.52$0
Jun 201121,38192.904.64$6,593
May 2011210298.134.40$646
Apr 20110896105.964.33$3,883
Mar 201131,19896.364.06$5,150
Feb 201131,38385.644.18$6,038
Jan 201161,93086.504.59$9,375
Dec 201001,88285.734.35$8,182
Nov 201001,47080.843.80$5,579
Oct 201001,69178.103.51$5,934
Sep 201041,81972.633.98$7,529
Aug 201002,28973.684.42$10,116
Jul 201043,37672.554.74$16,281
Jun 201003,93570.364.91$19,322
May 201005,03771.124.24$21,333
Apr 20100081.694.12$0

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                  244 Mcf  × $  3.05 =       $743

────────────────────────────────────────────────────
Month total                                     $743

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/257808 is the state's own key, not one this site invented.