GALVAN RANCH L11

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 259315District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$803 k
May 2010 – May 2026
Value, last 12 filed months
$8 k
at the published price for each month
Months reported
193
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 Gas112012-11-19207729
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
CondensateDisposition152 bbl$11,447
GasProduction208,169 Mcf$791,435
Total$802,883

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 28.0072, -99.7176. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.00720, -99.71762 · 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
6,460 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 6,460 ft.

Completions filed
May 2010
1 of 1 wells

1 well

42-4794076746,460 ftMay 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 (193)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

193 months

May 20260260106.413.05$792
Apr 2026022398.932.87$640
Mar 2026022089.753.15$693
Feb 2026017563.503.75$656
Jan 2026018959.138.00$1,512
Dec 2025019956.664.41$878
Nov 2025013758.593.93$538
Oct 2025017659.383.30$582
Sep 20250062.743.08$0
Aug 2025020863.933.01$627
Jul 2025016266.743.32$537
Jun 2025016266.483.13$507
May 20250060.553.23$0
Apr 2025018162.363.54$641
Mar 2025019467.704.27$828
Feb 2025020670.884.34$894
Jan 2025015374.324.28$655
Dec 2024015368.993.12$478
Nov 2024024269.052.20$532
Oct 2024022671.372.28$516
Sep 2024020269.612.36$478
Aug 2024021675.632.06$446
Jul 2024019479.932.15$416
Jun 2024021678.082.63$569
May 2024018878.812.20$413
Apr 2024017484.451.66$289
Mar 2024023580.301.55$363
Feb 2024024676.091.78$439
Jan 2024024073.023.30$791
Dec 2023021971.262.61$572
Nov 2023022977.892.81$643
Oct 2023021085.443.09$648
Sep 2023023889.042.74$651
Aug 2023023880.522.67$636
Jul 2023026874.852.64$708
Jun 2023022368.962.26$504
May 2023027270.622.23$606
Apr 2023024078.122.24$537
Mar 2023027272.852.39$651
Feb 2023026475.112.47$651
Jan 2023035376.533.39$1,196
Dec 2022027776.415.73$1,587
Nov 2022029485.005.65$1,660
Oct 2022026487.185.86$1,548
Sep 2022028784.888.16$2,343
Aug 2022028894.529.13$2,629
Jul 20220293101.587.54$2,210
Jun 20220331115.097.98$2,640
May 20220314109.378.43$2,648
Apr 20220320104.226.84$2,188
Mar 20220396108.885.08$2,010
Feb 2022028991.054.86$1,404
Jan 2022037081.844.54$1,679
Dec 2021034771.323.90$1,353
Nov 2021034277.435.24$1,791
Oct 2021037579.795.71$2,143
Sep 202108669.865.35$460
Aug 202108966.024.22$376
Jul 202108970.783.98$354
Jun 202108669.493.38$291
May 202109163.483.02$275
Apr 202109760.362.76$268
Mar 20210061.302.72$0
Feb 202107657.805.55$422
Jan 202109750.412.81$273
Dec 2020010244.642.68$273
Nov 202008638.772.71$233
Oct 2020010536.972.48$260
Sep 2020010137.091.99$201
Aug 2020010939.982.39$260
Jul 2020010238.371.83$186
Jun 202009734.901.69$164
May 2020010116.921.81$183
Apr 202009414.751.80$170
Mar 2020030130.341.86$559
Feb 2020028349.881.98$561
Jan 2020033357.252.09$698
Dec 2019029259.012.30$673
Nov 2019029555.302.75$811
Oct 2019031253.472.42$755
Sep 2019031655.052.66$840
Aug 2019030253.112.30$696
Jul 2019033056.272.46$812
Jun 2019029452.782.49$732
May 2019030058.482.74$822
Apr 2019031462.632.75$864
Mar 2019032756.803.06$1,001
Feb 2019030750.852.79$857
Jan 2019035146.033.23$1,133
Dec 2018036446.594.19$1,524
Nov 2018036252.934.24$1,534
Oct 2018035761.443.40$1,213
Sep 2018028659.543.11$889
Aug 2018036059.403.07$1,104
Jul 2018033665.142.93$985
Jun 2018035760.183.08$1,098
May 2018039665.382.90$1,149
Apr 2018037563.842.90$1,088
Mar 2018041561.222.79$1,157
Feb 2018038961.782.77$1,076
Jan 2018036462.874.01$1,459
Dec 2017039857.272.92$1,163
Nov 2017342755.423.12$1,498
Oct 2017146349.292.98$1,431
Sep 2017129647.523.09$961
Aug 2017181445.373.00$2,491
Jul 2017062043.873.09$1,914
Jun 2017146142.493.09$1,466
May 2017137145.373.26$1,256
Apr 2017141947.933.21$1,394
Mar 2017077746.772.98$2,318
Feb 2017156650.452.95$1,722
Jan 2017174449.413.42$2,593
Dec 2016096648.763.72$3,596
Nov 2016076442.492.64$2,020
Oct 2016460846.193.09$2,064
Sep 2016050641.553.10$1,569
Aug 2016160041.442.92$1,796
Jul 2016077941.622.92$2,278
Jun 2016068245.352.69$1,832
May 2016370742.521.99$1,535
Apr 2016054336.561.99$1,081
Mar 201601,08633.011.79$1,948
Feb 2016462226.472.06$1,389
Jan 2016042627.352.36$1,007
Dec 2015494832.362.00$2,027
Nov 2015068638.792.17$1,487
Oct 2015074843.552.43$1,815
Sep 201551,01642.992.76$3,018
Aug 2015099140.162.87$2,847
Jul 2015099348.152.95$2,924
Jun 201501,01956.152.88$2,938
May 2015365055.212.96$2,087
Apr 2015066049.822.71$1,786
Mar 2015085042.892.93$2,495
Feb 2015251444.662.98$1,619
Jan 2015011343.433.10$350
Dec 2014098454.693.59$3,534
Nov 201401,31470.464.25$5,587
Oct 201451,45278.303.90$6,056
Sep 201451,12186.164.05$4,966
Aug 201401,22289.394.04$4,931
Jul 201401,21296.564.18$5,066
Jun 201401,15598.164.74$5,471
May 201401,83294.734.73$8,659
Apr 2014391195.944.81$4,669
Mar 2014445795.895.06$2,695
Feb 201401,22797.406.19$7,598
Jan 201401,14590.404.86$5,566
Dec 201301,34691.824.35$5,861
Nov 2013091188.853.74$3,406
Oct 201301,03697.423.78$3,915
Sep 201301,048104.113.72$3,896
Aug 20130577104.253.52$2,033
Jul 20130663102.523.72$2,465
Jun 2013095594.403.93$3,756
May 201301,08994.834.15$4,518
Apr 201301,07393.964.28$4,595
Mar 201301,16493.623.91$4,555
Feb 201301,11891.233.42$3,823
Jan 201301,27191.603.42$4,347
Dec 201201,53186.773.42$5,236
Nov 201201,75086.953.62$6,344
Oct 201201,52989.383.40$5,198
Sep 201201,53894.672.92$4,489
Aug 201201,88292.662.91$5,473
Jul 201202,29285.133.02$6,924
Jun 201202,37079.822.52$5,970
May 201252,39291.612.49$6,410
Apr 201202,549101.652.00$5,090
Mar 201202,857105.052.22$6,348
Feb 201202,847101.102.57$7,317
Jan 201263,34398.092.73$9,729
Dec 201103,58696.873.24$11,618
Nov 201154,12795.723.31$14,144
Oct 201162,51284.983.65$9,675
Sep 201104,65983.623.99$18,570
Aug 201103,61783.404.15$15,008
Jul 20110094.144.52$0
Jun 201163,15592.904.64$15,196
May 2011630498.134.40$1,928
Apr 201102,535105.964.33$10,985
Mar 201183,54696.364.06$15,158
Feb 201184,27685.644.18$18,559
Jan 2011175,19386.504.59$25,300
Dec 201004,27785.734.35$18,595
Nov 201005,30780.843.80$20,142
Oct 201005,50878.103.51$19,327
Sep 2010125,97072.633.98$24,629
Aug 201008,12773.684.42$35,916
Jul 20101410,02872.554.74$48,513
Jun 2010014,88670.364.91$73,096
May 2010515,74471.124.24$67,035

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                  260 Mcf  × $  3.05 =       $792

────────────────────────────────────────────────────
Month total                                     $792

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/259315 is the state's own key, not one this site invented.