GALVAN RANCH P17

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 258540District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$696 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 Gas112012-11-15207731
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
CondensateDisposition356 bbl$25,742
GasProduction180,591 Mcf$670,245
Total$695,987

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 28.0316, -99.6520. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03159, -99.65196 · 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
6,779 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 6,779 ft.

Completions filed
Apr 2010
1 of 1 wells

1 well

42-4794075836,779 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 20260141106.413.05$429
Apr 2026019998.932.87$571
Mar 2026018689.753.15$586
Feb 2026018163.503.75$679
Jan 2026019159.138.00$1,528
Dec 2025020856.664.41$918
Nov 2025023858.593.93$934
Oct 2025029059.383.30$958
Sep 2025017562.743.08$538
Aug 2025031863.933.01$959
Jul 2025029966.743.32$991
Jun 2025029966.483.13$935
May 2025020260.553.23$653
Apr 2025035062.363.54$1,240
Mar 2025037167.704.27$1,584
Feb 2025043270.884.34$1,875
Jan 2025037474.324.28$1,600
Dec 2024041368.993.12$1,289
Nov 2024029769.052.20$653
Oct 2024041471.372.28$945
Sep 2024038869.612.36$917
Aug 2024040075.632.06$825
Jul 2024040879.932.15$876
Jun 2024039278.082.63$1,033
May 2024036478.812.20$800
Apr 2024038984.451.66$645
Mar 2024040980.301.55$632
Feb 2024045876.091.78$817
Jan 2024038673.023.30$1,273
Dec 2023040571.262.61$1,057
Nov 2023039377.892.81$1,103
Oct 2023034185.443.09$1,053
Sep 2023036389.042.74$993
Aug 2023036380.522.67$970
Jul 2023035774.852.64$943
Jun 2023034868.962.26$786
May 2023042470.622.23$944
Apr 2023038578.122.24$862
Mar 2023042472.852.39$1,015
Feb 2023035975.112.47$885
Jan 2023034276.533.39$1,159
Dec 2022049476.415.73$2,830
Nov 2022048885.005.65$2,755
Oct 2022041587.185.86$2,433
Sep 2022041484.888.16$3,380
Aug 2022034994.529.13$3,185
Jul 20220460101.587.54$3,469
Jun 20220483115.097.98$3,853
May 20220450109.378.43$3,795
Apr 20220537104.226.84$3,672
Mar 20220559108.885.08$2,838
Feb 2022048291.054.86$2,342
Jan 2022058881.844.54$2,668
Dec 2021063171.323.90$2,460
Nov 2021065277.435.24$3,414
Oct 2021063079.795.71$3,600
Sep 2021010669.865.35$567
Aug 2021012166.024.22$511
Jul 2021012970.783.98$514
Jun 2021011269.493.38$379
May 2021012563.483.02$377
Apr 2021011560.362.76$317
Mar 20210061.302.72$0
Feb 202109057.805.55$499
Jan 2021012450.412.81$348
Dec 2020010844.642.68$289
Nov 2020021838.772.71$590
Oct 2020062536.972.48$1,549
Sep 2020058737.091.99$1,169
Aug 2020062439.982.39$1,488
Jul 2020067838.371.83$1,237
Jun 2020068834.901.69$1,163
May 2020062416.921.81$1,132
Apr 2020069514.751.80$1,254
Mar 2020012530.341.86$232
Feb 2020011849.881.98$234
Jan 2020013957.252.09$291
Dec 2019012259.012.30$281
Nov 2019012455.302.75$341
Oct 2019013053.472.42$314
Sep 2019013255.052.66$351
Aug 2019012653.112.30$290
Jul 2019013856.272.46$339
Jun 2019012352.782.49$306
May 2019012558.482.74$343
Apr 2019013162.632.75$360
Mar 2019013656.803.06$416
Feb 2019012850.852.79$357
Jan 2019014646.033.23$471
Dec 2018015246.594.19$636
Nov 2018015152.934.24$640
Oct 2018014961.443.40$506
Sep 2018011959.543.11$370
Aug 2018015059.403.07$460
Jul 2018014065.142.93$410
Jun 2018014960.183.08$458
May 2018016565.382.90$479
Apr 2018015763.842.90$455
Mar 2018017361.222.79$482
Feb 2018016261.782.77$448
Jan 2018015262.874.01$609
Dec 2017516657.272.92$771
Nov 2017017855.423.12$555
Oct 2017618149.292.98$836
Sep 2017629647.523.09$1,199
Aug 2017539145.373.00$1,402
Jul 2017020643.873.09$636
Jun 2017520442.493.09$842
May 2017624145.373.26$1,059
Apr 2017621947.933.21$991
Mar 2017429946.772.98$1,079
Feb 2017636950.452.95$1,392
Jan 20171041049.413.42$1,896
Dec 2016079448.763.72$2,956
Nov 2016431842.492.64$1,011
Oct 20161058846.193.09$2,279
Sep 2016568241.553.10$2,322
Aug 2016153441.442.92$1,603
Jul 2016435141.622.92$1,193
Jun 2016027445.352.69$736
May 2016021442.521.99$426
Apr 2016951936.561.99$1,362
Mar 2016067733.011.79$1,215
Feb 2016466326.472.06$1,474
Jan 2016461827.352.36$1,571
Dec 2015073032.362.00$1,461
Nov 2015070438.792.17$1,526
Oct 2015078343.552.43$1,900
Sep 2015081542.992.76$2,248
Aug 2015079340.162.87$2,278
Jul 2015075748.152.95$2,229
Jun 2015072156.152.88$2,079
May 2015472055.212.96$2,349
Apr 2015072749.822.71$1,968
Mar 2015047442.892.93$1,391
Feb 2015075944.662.98$2,259
Jan 2015069243.433.10$2,146
Dec 2014095054.693.59$3,412
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 201406386.164.05$255
Aug 201401,14489.394.04$4,616
Jul 201401,12896.564.18$4,715
Jun 201401,08398.164.74$5,130
May 201451,05494.734.73$5,455
Apr 201401,00595.944.81$4,833
Mar 201441,01695.895.06$5,521
Feb 201401,03997.406.19$6,433
Jan 2014894090.404.86$5,292
Dec 201302,24691.824.35$9,780
Nov 201302,37288.853.74$8,867
Oct 201302,45797.423.78$9,286
Sep 201372,498104.113.72$10,016
Aug 201302,666104.253.52$9,391
Jul 201302,559102.523.72$9,514
Jun 201302,51094.403.93$9,873
May 201302,70794.834.15$11,232
Apr 201302,27793.964.28$9,751
Mar 201302,69593.623.91$10,545
Feb 201302,08391.233.42$7,124
Jan 201302,11591.603.42$7,233
Dec 201202,20786.773.42$7,548
Nov 201202,26286.953.62$8,200
Oct 201202,23789.383.40$7,605
Sep 201202,29794.672.92$6,704
Aug 201202,47692.662.91$7,201
Jul 201251,96985.133.02$6,374
Jun 201202,03879.822.52$5,134
May 201252,04291.612.49$5,539
Apr 201201,758101.652.00$3,510
Mar 201252,039105.052.22$5,056
Feb 2012101,939101.102.57$5,995
Jan 201252,40298.092.73$7,058
Dec 2011102,41896.873.24$8,802
Nov 201153,04695.723.31$10,565
Oct 2011113,25584.983.65$12,811
Sep 201173,27883.623.99$13,651
Aug 20114083.404.15$334
Jul 2011077494.144.52$3,496
Jun 20110092.904.64$0
May 201102,04398.134.40$8,999
Apr 20110340105.964.33$1,473
Mar 2011112,80496.364.06$12,437
Feb 201152,88285.644.18$12,475
Jan 2011153,27286.504.59$16,312
Dec 2010103,47485.734.35$15,961
Nov 2010113,53380.843.80$14,298
Oct 2010113,68478.103.51$13,786
Sep 2010113,90072.633.98$16,319
Aug 2010144,67273.684.42$21,679
Jul 201095,20072.554.74$25,283
Jun 2010216,06870.364.91$31,274
May 2010298,26871.124.24$37,079
Apr 2010144,50181.694.12$19,700

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                  141 Mcf  × $  3.05 =       $429

────────────────────────────────────────────────────
Month total                                     $429

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/258540 is the state's own key, not one this site invented.