GALVAN RANCH P10

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 259411District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$561 k
Jul 2010 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
191
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 Gas112012-11-19207727
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
CondensateDisposition273 bbl$19,011
GasProduction155,260 Mcf$542,065
Total$561,076

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 28.0448, -99.6502. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04475, -99.65017 · 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
6,860 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 6,860 ft.

Completions filed
Jul 2010
1 of 1 wells

1 well

42-4794076526,860 ftJul 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 (191)

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

191 months

May 2026041106.413.05$125
Apr 202605798.932.87$164
Mar 2026011489.753.15$359
Feb 202605263.503.75$195
Jan 202605659.138.00$448
Dec 202506056.664.41$265
Nov 202506958.593.93$271
Oct 202508459.383.30$278
Sep 202502862.743.08$86
Aug 202509263.933.01$277
Jul 202502966.743.32$96
Jun 202502966.483.13$91
May 202503260.553.23$103
Apr 2025010162.363.54$358
Mar 2025010867.704.27$461
Feb 2025012670.884.34$547
Jan 2025010974.324.28$466
Dec 2024012068.993.12$375
Nov 202408669.052.20$189
Oct 2024012071.372.28$274
Sep 2024011369.612.36$267
Aug 2024011675.632.06$239
Jul 2024011979.932.15$255
Jun 2024011478.082.63$300
May 2024010678.812.20$233
Apr 2024011384.451.66$187
Mar 2024011980.301.55$184
Feb 2024013376.091.78$237
Jan 2024011273.023.30$369
Dec 2023011871.262.61$308
Nov 2023011477.892.81$320
Oct 202309985.443.09$306
Sep 2023010589.042.74$287
Aug 2023010580.522.67$281
Jul 2023010474.852.64$275
Jun 2023010168.962.26$228
May 2023012370.622.23$274
Apr 2023011278.122.24$251
Mar 2023012372.852.39$294
Feb 2023010475.112.47$256
Jan 202309976.533.39$335
Dec 2022014376.415.73$819
Nov 2022014285.005.65$802
Oct 2022012087.185.86$704
Sep 2022012084.888.16$980
Aug 2022010194.529.13$922
Jul 20220133101.587.54$1,003
Jun 20220140115.097.98$1,117
May 20220156109.378.43$1,316
Apr 20220156104.226.84$1,067
Mar 20220162108.885.08$822
Feb 2022014091.054.86$680
Jan 2022017181.844.54$776
Dec 2021018371.323.90$714
Nov 2021018977.435.24$990
Oct 2021018379.795.71$1,046
Sep 2021048869.865.35$2,611
Aug 2021055766.024.22$2,351
Jul 2021059370.783.98$2,361
Jun 2021051769.493.38$1,748
May 2021057563.483.02$1,735
Apr 2021053160.362.76$1,465
Mar 2021053561.302.72$1,454
Feb 2021041257.805.55$2,286
Jan 2021057350.412.81$1,610
Dec 2020049444.642.68$1,322
Nov 2020052038.772.71$1,407
Oct 2020043636.972.48$1,081
Sep 2020040937.091.99$814
Aug 2020043539.982.39$1,038
Jul 2020047238.371.83$861
Jun 2020047934.901.69$810
May 2020043516.921.81$789
Apr 2020048414.751.80$873
Mar 2020084230.341.86$1,563
Feb 2020079349.881.98$1,571
Jan 2020093357.252.09$1,954
Dec 2019081859.012.30$1,885
Nov 2019082755.302.75$2,275
Oct 2019087253.472.42$2,109
Sep 2019088455.052.66$2,349
Aug 2019084653.112.30$1,949
Jul 2019092456.272.46$2,273
Jun 2019082452.782.49$2,053
May 2019083958.482.74$2,299
Apr 2019088062.632.75$2,421
Mar 2019091556.803.06$2,802
Feb 2019086150.852.79$2,404
Jan 2019098246.033.23$3,170
Dec 201801,01846.594.19$4,261
Nov 201801,01452.934.24$4,297
Oct 2018099961.443.40$3,395
Sep 2018080259.543.11$2,493
Aug 201801,00959.403.07$3,094
Jul 2018094165.142.93$2,759
Jun 201801,00060.183.08$3,077
May 201801,10965.382.90$3,217
Apr 201801,05163.842.90$3,049
Mar 201801,16261.222.79$3,238
Feb 201801,09061.782.77$3,015
Jan 201801,01962.874.01$4,086
Dec 201701,11357.272.92$3,252
Nov 201751,19655.423.12$4,007
Oct 201751,21149.292.98$3,860
Sep 201761,15147.523.09$3,839
Aug 201751,25545.373.00$3,997
Jul 201701,16743.873.09$3,603
Jun 201751,04142.493.09$3,426
May 201761,05045.373.26$3,699
Apr 2017666547.933.21$2,423
Mar 201741,06946.772.98$3,377
Feb 201761,24150.452.95$3,967
Jan 2017101,25449.413.42$4,781
Dec 201601,29748.763.72$4,829
Nov 201651,32442.492.64$3,714
Oct 20161056646.193.09$2,211
Sep 2016550641.553.10$1,777
Aug 2016159041.442.92$1,767
Jul 2016450341.622.92$1,637
Jun 2016051445.352.69$1,381
May 2016054142.521.99$1,077
Apr 2016965636.561.99$1,635
Mar 2016068333.011.79$1,225
Feb 2016566826.472.06$1,511
Jan 2016572727.352.36$1,856
Dec 2015087832.362.00$1,757
Nov 2015055238.792.17$1,196
Oct 2015061443.552.43$1,490
Sep 2015072542.992.76$2,000
Aug 2015070540.162.87$2,025
Jul 2015055048.152.95$1,620
Jun 2015038656.152.88$1,113
May 2015433955.212.96$1,223
Apr 2015034249.822.71$926
Mar 2015055342.892.93$1,623
Feb 2015077744.662.98$2,313
Jan 2015066443.433.10$2,059
Dec 2014083754.693.59$3,006
Nov 2014062770.464.25$2,666
Oct 2014069278.303.90$2,699
Sep 2014064986.164.05$2,625
Aug 2014069689.394.04$2,808
Jul 2014068696.564.18$2,867
Jun 2014065998.164.74$3,122
May 2014370394.734.73$3,607
Apr 2014088995.944.81$4,275
Mar 2014480395.895.06$4,444
Feb 2014087097.406.19$5,387
Jan 2014381590.404.86$4,233
Dec 2013080191.824.35$3,488
Nov 2013045488.853.74$1,697
Oct 2013085297.423.78$3,220
Sep 20134879104.113.72$3,684
Aug 20130925104.253.52$3,258
Jul 20130873102.523.72$3,246
Jun 2013065094.403.93$2,557
May 201301,05094.834.15$4,357
Apr 2013083293.964.28$3,563
Mar 201301,00293.623.91$3,921
Feb 2013062891.233.42$2,148
Jan 201301,08891.603.42$3,721
Dec 201201,07586.773.42$3,677
Nov 201201,01686.953.62$3,683
Oct 201201,05589.383.40$3,587
Sep 201201,03494.672.92$3,018
Aug 201201,23692.662.91$3,594
Jul 201241,32485.133.02$4,340
Jun 201201,37879.822.52$3,471
May 201231,56291.612.49$4,162
Apr 201201,323101.652.00$2,642
Mar 201231,001105.052.22$2,539
Feb 201281,481101.102.57$4,615
Jan 201241,71298.092.73$5,073
Dec 201171,88096.873.24$6,769
Nov 201142,36995.723.31$8,227
Oct 201182,43084.983.65$9,546
Sep 201173,07983.623.99$12,858
Aug 20114083.404.15$334
Jul 201101,85994.144.52$8,398
Jun 20110092.904.64$0
May 201101,52898.134.40$6,731
Apr 20110777105.964.33$3,367
Mar 2011102,34996.364.06$10,494
Feb 201152,64785.644.18$11,493
Jan 2011153,16386.504.59$15,812
Dec 2010103,52285.734.35$16,170
Nov 2010123,67480.843.80$14,914
Oct 2010134,25578.103.51$15,946
Sep 2010185,13172.633.98$21,726
Aug 2010168,33873.684.42$38,028
Jul 201024,72672.554.74$22,530

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                   41 Mcf  × $  3.05 =       $125

────────────────────────────────────────────────────
Month total                                     $125

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/259411 is the state's own key, not one this site invented.