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 257990District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$576 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 Gas112012-11-19207732
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
CondensateDisposition269 bbl$19,938
GasProduction150,681 Mcf$555,946
Total$575,884

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 28.0346, -99.6543. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03463, -99.65433 · 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
6,800 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 6,800 ft.

Completions filed
Apr 2010
1 of 1 wells

1 well

42-4794077346,800 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 20260128106.413.05$390
Apr 2026018098.932.87$517
Mar 2026015789.753.15$494
Feb 2026016363.503.75$611
Jan 2026017359.138.00$1,384
Dec 2025018856.664.41$830
Nov 2025021558.593.93$844
Oct 2025026259.383.30$866
Sep 202507462.743.08$228
Aug 2025028763.933.01$865
Jul 202507766.743.32$255
Jun 202507766.483.13$241
May 202508560.553.23$275
Apr 2025031662.363.54$1,120
Mar 2025033567.704.27$1,430
Feb 2025039070.884.34$1,693
Jan 2025033874.324.28$1,446
Dec 2024037368.993.12$1,164
Nov 2024026869.052.20$589
Oct 2024037471.372.28$853
Sep 2024035169.612.36$830
Aug 2024036175.632.06$745
Jul 2024036979.932.15$792
Jun 2024035478.082.63$932
May 2024032978.812.20$723
Apr 2024035284.451.66$584
Mar 2024036980.301.55$570
Feb 2024041476.091.78$738
Jan 2024034973.023.30$1,151
Dec 2023036671.262.61$956
Nov 2023035577.892.81$997
Oct 2023030885.443.09$951
Sep 2023032889.042.74$897
Aug 2023032880.522.67$877
Jul 2023032274.852.64$851
Jun 2023031468.962.26$709
May 2023038370.622.23$853
Apr 2023034778.122.24$777
Mar 2023038372.852.39$917
Feb 2023032475.112.47$799
Jan 2023030976.533.39$1,047
Dec 2022044676.415.73$2,555
Nov 2022044185.005.65$2,490
Oct 2022037587.185.86$2,199
Sep 2022037484.888.16$3,053
Aug 2022031594.529.13$2,875
Jul 20220415101.587.54$3,130
Jun 20220437115.097.98$3,486
May 20220407109.378.43$3,432
Apr 20220485104.226.84$3,316
Mar 20220505108.885.08$2,564
Feb 2022043691.054.86$2,118
Jan 2022053181.844.54$2,410
Dec 2021057071.323.90$2,223
Nov 2021058977.435.24$3,085
Oct 2021056979.795.71$3,251
Sep 202102169.865.35$112
Aug 202102466.024.22$101
Jul 202102670.783.98$104
Jun 202102269.493.38$74
May 202102563.483.02$75
Apr 202102360.362.76$63
Mar 202102361.302.72$62
Feb 202101857.805.55$100
Jan 202102550.412.81$70
Dec 202002244.642.68$59
Nov 202007238.772.71$195
Oct 2020013336.972.48$330
Sep 2020012437.091.99$247
Aug 2020013239.982.39$315
Jul 2020014338.371.83$261
Jun 2020014534.901.69$245
May 2020013316.921.81$241
Apr 2020014714.751.80$265
Mar 2020071430.341.86$1,325
Feb 2020067349.881.98$1,333
Jan 2020079157.252.09$1,657
Dec 2019069359.012.30$1,597
Nov 2019070155.302.75$1,928
Oct 2019073953.472.42$1,787
Sep 2019075055.052.66$1,993
Aug 2019071753.112.30$1,652
Jul 2019078356.272.46$1,926
Jun 2019069852.782.49$1,739
May 2019071158.482.74$1,948
Apr 2019074662.632.75$2,052
Mar 2019077656.803.06$2,376
Feb 2019073050.852.79$2,038
Jan 2019083346.033.23$2,689
Dec 2018086346.594.19$3,612
Nov 2018086052.934.24$3,644
Oct 2018084761.443.40$2,878
Sep 2018068059.543.11$2,113
Aug 2018085559.403.07$2,622
Jul 2018079765.142.93$2,337
Jun 2018084860.183.08$2,609
May 2018094065.382.90$2,727
Apr 2018089163.842.90$2,585
Mar 2018098561.222.79$2,745
Feb 2018092461.782.77$2,556
Jan 2018086462.874.01$3,464
Dec 2017094457.272.92$2,758
Nov 201731,01455.423.12$3,328
Oct 201731,02749.292.98$3,212
Sep 2017381947.523.09$2,671
Aug 201731,07745.373.00$3,372
Jul 201701,34943.873.09$4,165
Jun 2017357342.493.09$1,896
May 2017363745.373.26$2,215
Apr 2017356847.933.21$1,968
Mar 2017250746.772.98$1,606
Feb 2017349750.452.95$1,619
Jan 2017645449.413.42$1,849
Dec 2016062448.763.72$2,323
Nov 2016235542.492.64$1,024
Oct 2016536146.193.09$1,347
Sep 2016235641.553.10$1,187
Aug 2016022141.442.92$646
Jul 2016228241.622.92$908
Jun 2016023845.352.69$639
May 2016029742.521.99$591
Apr 2016533236.561.99$844
Mar 2016034033.011.79$610
Feb 2016235526.472.06$786
Jan 2016221327.352.36$558
Dec 2015028032.362.00$560
Nov 2015029738.792.17$644
Oct 2015033043.552.43$801
Sep 2015037042.992.76$1,021
Aug 2015036040.162.87$1,034
Jul 2015028348.152.95$833
Jun 2015020256.152.88$582
May 2015320755.212.96$777
Apr 2015020949.822.71$566
Mar 2015028942.892.93$848
Feb 2015024944.662.98$741
Jan 2015013743.433.10$425
Dec 2014043554.693.59$1,562
Nov 2014044970.464.25$1,909
Oct 2014049678.303.90$1,935
Sep 2014053486.164.05$2,160
Aug 2014068489.394.04$2,760
Jul 2014067496.564.18$2,817
Jun 2014064898.164.74$3,070
May 2014368494.734.73$3,517
Apr 2014077295.944.81$3,713
Mar 2014377495.895.06$4,202
Feb 2014067597.406.19$4,180
Jan 2014268090.404.86$3,486
Dec 2013042891.824.35$1,864
Nov 2013035088.853.74$1,308
Oct 2013046597.423.78$1,757
Sep 20134740104.113.72$3,168
Aug 20130810104.253.52$2,853
Jul 20130773102.523.72$2,874
Jun 2013091194.403.93$3,583
May 2013082594.834.15$3,423
Apr 2013092693.964.28$3,966
Mar 2013089393.623.91$3,494
Feb 2013039891.233.42$1,361
Jan 2013062891.603.42$2,148
Dec 2012071586.773.42$2,445
Nov 2012080086.953.62$2,900
Oct 2012091989.383.40$3,124
Sep 201201,01094.672.92$2,948
Aug 201201,32692.662.91$3,856
Jul 201251,52085.133.02$5,017
Jun 201201,74579.822.52$4,396
May 201231,78191.612.49$4,707
Apr 201201,041101.652.00$2,079
Mar 201231,203105.052.22$2,988
Feb 201281,518101.102.57$4,710
Jan 201242,13298.092.73$6,221
Dec 201171,70896.873.24$6,212
Nov 201164,47495.723.31$15,389
Oct 2011138984.983.65$1,504
Sep 201151,90183.623.99$7,995
Aug 2011214783.404.15$777
Jul 2011087394.144.52$3,944
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20110319105.964.33$1,382
Mar 201182,02796.364.06$8,995
Feb 201142,29685.644.18$9,940
Jan 2011142,74386.504.59$13,798
Dec 201093,23785.734.35$14,845
Nov 2010103,35080.843.80$13,523
Oct 201093,21678.103.51$11,987
Sep 2010103,43772.633.98$14,404
Aug 2010164,45373.684.42$20,858
Jul 2010105,87572.554.74$28,552
Jun 2010256,75170.364.91$34,909
May 20103410,34671.124.24$46,236
Apr 201093,78781.694.12$16,348

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                  128 Mcf  × $  3.05 =       $390

────────────────────────────────────────────────────
Month total                                     $390

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/257990 is the state's own key, not one this site invented.