GALVAN RANCH J8

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 259410District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$572 k
Jun 2010 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
192
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 Gas112012-11-15207728
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
CondensateDisposition77 bbl$5,713
GasProduction158,098 Mcf$565,797
Total$571,511

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 28.0033, -99.7261. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.00327, -99.72608 · 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
6,565 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 6,565 ft.

Completions filed
Jun 2010
1 of 1 wells

1 well

42-4794076846,565 ftJun 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 (192)

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

192 months

May 20260179106.413.05$545
Apr 2026015398.932.87$439
Mar 2026017489.753.15$548
Feb 2026012063.503.75$450
Jan 2026013059.138.00$1,040
Dec 2025013756.664.41$605
Nov 202509458.593.93$369
Oct 2025012159.383.30$400
Sep 2025014462.743.08$443
Aug 2025014463.933.01$434
Jul 2025012466.743.32$411
Jun 2025012466.483.13$388
May 2025012460.553.23$401
Apr 2025012462.363.54$439
Mar 2025013367.704.27$568
Feb 2025014270.884.34$616
Jan 2025010574.324.28$449
Dec 2024010568.993.12$328
Nov 2024016769.052.20$367
Oct 2024015571.372.28$354
Sep 2024013969.612.36$329
Aug 2024014875.632.06$305
Jul 2024013479.932.15$288
Jun 2024014878.082.63$390
May 2024012978.812.20$284
Apr 2024012084.451.66$199
Mar 2024016280.301.55$250
Feb 2024017076.091.78$303
Jan 2024016573.023.30$544
Dec 2023015071.262.61$392
Nov 2023015877.892.81$444
Oct 2023014485.443.09$445
Sep 2023016489.042.74$449
Aug 2023016480.522.67$438
Jul 2023018474.852.64$486
Jun 2023015368.962.26$346
May 2023018770.622.23$417
Apr 2023016578.122.24$369
Mar 2023018772.852.39$448
Feb 202307675.112.47$187
Jan 2023024276.533.39$820
Dec 2022019176.415.73$1,094
Nov 2022020385.005.65$1,146
Oct 2022018287.185.86$1,067
Sep 2022019784.888.16$1,608
Aug 2022019894.529.13$1,807
Jul 20220202101.587.54$1,524
Jun 20220228115.097.98$1,819
May 20220216109.378.43$1,822
Apr 20220220104.226.84$1,504
Mar 20220272108.885.08$1,381
Feb 2022019991.054.86$967
Jan 2022025481.844.54$1,153
Dec 2021023871.323.90$928
Nov 2021023577.435.24$1,231
Oct 2021025879.795.71$1,474
Sep 2021023669.865.35$1,263
Aug 2021024666.024.22$1,038
Jul 2021024570.783.98$976
Jun 2021023669.493.38$798
May 2021024963.483.02$751
Apr 2021026560.362.76$731
Mar 2021026761.302.72$725
Feb 2021020857.805.55$1,154
Jan 2021026550.412.81$745
Dec 2020027544.642.68$736
Nov 2020031838.772.71$861
Oct 2020027236.972.48$674
Sep 2020025937.091.99$516
Aug 2020028639.982.39$682
Jul 2020030638.371.83$558
Jun 2020026334.901.69$445
May 2020029016.921.81$526
Apr 2020029914.751.80$540
Mar 2020035630.341.86$661
Feb 2020033549.881.98$664
Jan 2020039457.252.09$825
Dec 2019034559.012.30$795
Nov 2019034955.302.75$960
Oct 2019036853.472.42$890
Sep 2019037455.052.66$994
Aug 2019035753.112.30$823
Jul 2019039056.272.46$959
Jun 2019034852.782.49$867
May 2019035558.482.74$973
Apr 2019037262.632.75$1,023
Mar 2019038756.803.06$1,185
Feb 2019036450.852.79$1,016
Jan 2019041546.033.23$1,340
Dec 2018043046.594.19$1,800
Nov 2018042952.934.24$1,818
Oct 2018042261.443.40$1,434
Sep 2018033959.543.11$1,054
Aug 2018042659.403.07$1,306
Jul 2018039765.142.93$1,164
Jun 2018042360.183.08$1,302
May 2018046965.382.90$1,360
Apr 2018044463.842.90$1,288
Mar 2018049161.222.79$1,368
Feb 2018046061.782.77$1,272
Jan 2018043162.874.01$1,728
Dec 2017347057.272.92$1,545
Nov 2017050555.423.12$1,575
Oct 2017054849.292.98$1,635
Sep 2017047647.523.09$1,470
Aug 2017045945.373.00$1,379
Jul 2017052943.873.09$1,633
Jun 2017054342.493.09$1,676
May 2017059645.373.26$1,945
Apr 2017056647.933.21$1,818
Mar 2017055346.772.98$1,650
Feb 2017056950.452.95$1,680
Jan 2017057749.413.42$1,973
Dec 2016058848.763.72$2,189
Nov 2016076942.492.64$2,034
Oct 2016135346.193.09$1,137
Sep 2016039041.553.10$1,209
Aug 2016170441.442.92$2,100
Jul 2016773941.622.92$2,452
Jun 2016077945.352.69$2,092
May 2016077842.521.99$1,549
Apr 2016068736.561.99$1,368
Mar 2016072033.011.79$1,292
Feb 2016063426.472.06$1,308
Jan 2016081727.352.36$1,932
Dec 2015675832.362.00$1,711
Nov 2015073938.792.17$1,602
Oct 2015082843.552.43$2,009
Sep 201501,10542.992.76$3,048
Aug 201501,06340.162.87$3,053
Jul 201501,00348.152.95$2,954
Jun 2015096156.152.88$2,770
May 2015097855.212.96$2,890
Apr 2015699349.822.71$2,987
Mar 2015090642.892.93$2,659
Feb 201501,02444.662.98$3,048
Jan 2015075643.433.10$2,344
Dec 201461,05154.693.59$4,103
Nov 201401,06570.464.25$4,528
Oct 201401,17778.303.90$4,591
Sep 2014098486.164.05$3,981
Aug 201401,08789.394.04$4,386
Jul 201401,07896.564.18$4,506
Jun 201451,02898.164.74$5,360
May 201401,16594.734.73$5,506
Apr 2014097295.944.81$4,674
Mar 201451,08395.895.06$5,956
Feb 201401,12797.406.19$6,978
Jan 201401,15590.404.86$5,614
Dec 201301,10791.824.35$4,820
Nov 201361,14188.853.74$4,798
Oct 201301,30097.423.78$4,913
Sep 201301,271104.113.72$4,725
Aug 201301,291104.253.52$4,548
Jul 201301,394102.523.72$5,183
Jun 201351,30794.403.93$5,613
May 201301,41794.834.15$5,879
Apr 201301,41593.964.28$6,060
Mar 201301,47593.623.91$5,771
Feb 201361,33691.233.42$5,116
Jan 2013046291.603.42$1,580
Dec 20120086.773.42$0
Nov 201201,54586.953.62$5,601
Oct 201201,79289.383.40$6,092
Sep 201201,81694.672.92$5,300
Aug 201202,12592.662.91$6,180
Jul 201202,19885.133.02$6,640
Jun 201202,24279.822.52$5,648
May 201202,29691.612.49$5,713
Apr 201202,402101.652.00$4,796
Mar 201202,647105.052.22$5,882
Feb 201202,485101.102.57$6,387
Jan 201202,73398.092.73$7,472
Dec 201102,87996.873.24$9,327
Nov 201102,85895.723.31$9,464
Oct 201103,81084.983.65$13,901
Sep 201183,62483.623.99$15,114
Aug 201101,52983.404.15$6,344
Jul 2011050894.144.52$2,295
Jun 2011071792.904.64$3,327
May 201102,42198.134.40$10,664
Apr 201161,307105.964.33$6,299
Mar 201103,07296.364.06$12,464
Feb 201162,92785.644.18$12,749
Jan 201103,33486.504.59$15,299
Dec 201003,54385.734.35$15,404
Nov 201002,99880.843.80$11,378
Oct 201003,52578.103.51$12,369
Sep 201003,57172.633.98$14,211
Aug 201004,23573.684.42$18,716
Jul 201004,79172.554.74$22,693
Jun 201004,08170.364.91$20,039

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                  179 Mcf  × $  3.05 =       $545

────────────────────────────────────────────────────
Month total                                     $545

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/259410 is the state's own key, not one this site invented.