GALVAN O

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 257977District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$623 k
Apr 2010 – May 2026
Value, last 12 filed months
$5 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 Gas112012-11-19207734
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
CondensateDisposition140 bbl$10,530
GasProduction159,930 Mcf$612,091
Total$622,621

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 28.0414, -99.6578. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04139, -99.65778 · 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
6,750 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 6,750 ft.

Completions filed
Apr 2010
1 of 1 wells

1 well

42-4794079836,750 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 2026073106.413.05$222
Apr 2026010398.932.87$296
Mar 2026012389.753.15$387
Feb 202609363.503.75$349
Jan 202609959.138.00$792
Dec 2025010856.664.41$477
Nov 2025012358.593.93$483
Oct 2025015059.383.30$496
Sep 202506762.743.08$206
Aug 2025016463.933.01$494
Jul 2025015466.743.32$511
Jun 2025015466.483.13$482
May 202505460.553.23$175
Apr 2025018062.363.54$638
Mar 2025019267.704.27$820
Feb 2025022370.884.34$968
Jan 2025019374.324.28$826
Dec 2024021368.993.12$665
Nov 2024015369.052.20$336
Oct 2024021471.372.28$488
Sep 2024020069.612.36$473
Aug 2024020675.632.06$425
Jul 2024021179.932.15$453
Jun 2024020278.082.63$532
May 2024018878.812.20$413
Apr 2024020184.451.66$334
Mar 2024021180.301.55$326
Feb 2024023676.091.78$421
Jan 2024019973.023.30$656
Dec 2023020971.262.61$546
Nov 2023020377.892.81$570
Oct 2023017685.443.09$543
Sep 2023018789.042.74$511
Aug 2023018780.522.67$500
Jul 2023018474.852.64$486
Jun 2023018068.962.26$407
May 2023021970.622.23$488
Apr 2023019978.122.24$445
Mar 2023021972.852.39$524
Feb 2023018575.112.47$456
Jan 2023017776.533.39$600
Dec 2022025576.415.73$1,461
Nov 2022025285.005.65$1,423
Oct 2022021487.185.86$1,255
Sep 2022021384.888.16$1,739
Aug 2022018094.529.13$1,643
Jul 20220237101.587.54$1,787
Jun 20220249115.097.98$1,986
May 20220233109.378.43$1,965
Apr 20220277104.226.84$1,894
Mar 20220289108.885.08$1,467
Feb 2022024891.054.86$1,205
Jan 2022030381.844.54$1,375
Dec 2021032671.323.90$1,271
Nov 2021033777.435.24$1,765
Oct 2021032579.795.71$1,857
Sep 2021025469.865.35$1,359
Aug 2021029166.024.22$1,228
Jul 2021030970.783.98$1,230
Jun 2021026969.493.38$909
May 2021030063.483.02$905
Apr 2021027760.362.76$764
Mar 2021027961.302.72$758
Feb 2021021557.805.55$1,193
Jan 2021029250.412.81$821
Dec 2020028244.642.68$754
Nov 2020025038.772.71$677
Oct 2020031036.972.48$768
Sep 2020029737.091.99$591
Aug 2020031139.982.39$742
Jul 2020031438.371.83$573
Jun 2020029934.901.69$505
May 2020030716.921.81$557
Apr 2020033014.751.80$595
Mar 2020010030.341.86$186
Feb 202009549.881.98$188
Jan 2020011157.252.09$233
Dec 201909859.012.30$226
Nov 201909855.302.75$270
Oct 2019010453.472.42$252
Sep 2019010555.052.66$279
Aug 2019010153.112.30$233
Jul 2019011056.272.46$271
Jun 201909852.782.49$244
May 2019010058.482.74$274
Apr 2019010562.632.75$289
Mar 2019010956.803.06$334
Feb 2019010350.852.79$288
Jan 2019011746.033.23$378
Dec 2018012146.594.19$506
Nov 2018012152.934.24$513
Oct 2018011961.443.40$404
Sep 201809659.543.11$298
Aug 2018012059.403.07$368
Jul 2018011265.142.93$328
Jun 2018011960.183.08$366
May 2018013265.382.90$383
Apr 2018012563.842.90$363
Mar 2018013961.222.79$387
Feb 2018013061.782.77$360
Jan 2018012262.874.01$489
Dec 2017113357.272.92$446
Nov 2017014355.423.12$446
Oct 2017115549.292.98$512
Sep 2017116847.523.09$566
Aug 2017126545.373.00$842
Jul 2017018143.873.09$559
Jun 2017117942.493.09$595
May 201719845.373.26$365
Apr 201714947.933.21$205
Mar 2017034346.772.98$1,023
Feb 2017132150.452.95$998
Jan 2017332249.413.42$1,249
Dec 201605648.763.72$208
Nov 201608742.492.64$230
Oct 201606946.193.09$213
Sep 201609241.553.10$285
Aug 201608741.442.92$254
Jul 2016210141.622.92$379
Jun 201607845.352.69$209
May 201605842.521.99$115
Apr 2016217036.561.99$412
Mar 2016053033.011.79$951
Feb 2016238326.472.06$843
Jan 2016024427.352.36$577
Dec 2015352232.362.00$1,142
Nov 2015042938.792.17$930
Oct 2015347743.552.43$1,288
Sep 2015073742.992.76$2,033
Aug 2015471740.162.87$2,220
Jul 2015075348.152.95$2,218
Jun 2015079556.152.88$2,292
May 2015120155.212.96$649
Apr 2015020349.822.71$549
Mar 201509042.892.93$264
Feb 201507044.662.98$208
Jan 201503343.433.10$102
Dec 201407554.693.59$269
Nov 2014224670.464.25$1,187
Oct 2014027278.303.90$1,061
Sep 201441,01886.164.05$4,463
Aug 201401,00989.394.04$4,071
Jul 2014099596.564.18$4,159
Jun 2014495598.164.74$4,916
May 201401,13594.734.73$5,365
Apr 2014176595.944.81$3,775
Mar 201408695.895.06$435
Feb 2014219497.406.19$1,396
Jan 2014018790.404.86$909
Dec 2013010391.824.35$449
Nov 2013044388.853.74$1,656
Oct 201301,55797.423.78$5,884
Sep 201301,860104.113.72$6,915
Aug 201301,869104.253.52$6,584
Jul 201301,890102.523.72$7,027
Jun 201301,72094.403.93$6,765
May 201301,51694.834.15$6,290
Apr 201301,98893.964.28$8,514
Mar 201302,25693.623.91$8,827
Feb 201301,99991.233.42$6,836
Jan 201301,97291.603.42$6,744
Dec 201202,30786.773.42$7,890
Nov 201202,71486.953.62$9,838
Oct 201201,79489.383.40$6,099
Sep 201201,35394.672.92$3,949
Aug 201201,32392.662.91$3,848
Jul 2012084685.133.02$2,556
Jun 2012089079.822.52$2,242
May 201251,57791.612.49$4,382
Apr 201201,238101.652.00$2,472
Mar 201201,399105.052.22$3,109
Feb 201201,895101.102.57$4,871
Jan 201202,32098.092.73$6,343
Dec 201102,55596.873.24$8,278
Nov 201173,82995.723.31$13,349
Oct 201103,31784.983.65$12,102
Sep 201105,35683.623.99$21,348
Aug 2011045583.404.15$1,888
Jul 201102,37594.144.52$10,728
Jun 20110092.904.64$0
May 20114098.134.40$393
Apr 201101,123105.964.33$4,866
Mar 2011123,07396.364.06$13,625
Feb 201103,54585.644.18$14,818
Jan 201173,90986.504.59$18,543
Dec 201084,35985.734.35$19,638
Nov 201004,67080.843.80$17,724
Oct 201075,06478.103.51$18,316
Sep 201023,03472.633.98$12,219
Aug 2010106,32273.684.42$28,676
Jul 2010136,66072.554.74$32,488
Jun 201008,19770.364.91$40,251
May 20101214,04971.124.24$60,354
Apr 2010123,78781.694.12$16,593

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                   73 Mcf  × $  3.05 =       $222

────────────────────────────────────────────────────
Month total                                     $222

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/257977 is the state's own key, not one this site invented.