GALVAN RANCH K15

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 259412District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$288 k
May 2010 – May 2026
Value, last 12 filed months
$202
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 Gas112012-11-19207726
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
CondensateDisposition162 bbl$12,970
GasProduction76,279 Mcf$274,618
Total$287,588

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 28.0335, -99.7121. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03351, -99.71214 · 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
6,410 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 6,410 ft.

Completions filed
May 2010
1 of 1 wells

1 well

42-4794077026,410 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202606489.753.15$202
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023039775.112.47$979
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021051569.865.35$2,756
Aug 2021053766.024.22$2,266
Jul 2021053570.783.98$2,130
Jun 2021051569.493.38$1,741
May 2021054463.483.02$1,642
Apr 2021057960.362.76$1,597
Mar 2021058361.302.72$1,584
Feb 2021045557.805.55$2,524
Jan 2021048350.412.81$1,357
Dec 2020066044.642.68$1,766
Nov 2020057038.772.71$1,543
Oct 2020049136.972.48$1,217
Sep 2020053137.091.99$1,057
Aug 2020054039.982.39$1,288
Jul 2020050438.371.83$920
Jun 202001,01434.901.69$1,714
May 202001,18816.921.81$2,156
Apr 2020095714.751.80$1,727
Mar 2020020730.341.86$384
Feb 2020019549.881.98$386
Jan 2020022957.252.09$480
Dec 2019020159.012.30$463
Nov 2019020355.302.75$558
Oct 2019021553.472.42$520
Sep 2019021755.052.66$577
Aug 2019020853.112.30$479
Jul 2019022756.272.46$558
Jun 2019020252.782.49$503
May 2019020658.482.74$565
Apr 2019021662.632.75$594
Mar 2019022556.803.06$689
Feb 2019021250.852.79$592
Jan 2019024146.033.23$778
Dec 2018025046.594.19$1,046
Nov 2018024952.934.24$1,055
Oct 2018024661.443.40$836
Sep 2018019759.543.11$612
Aug 2018024859.403.07$761
Jul 2018023165.142.93$677
Jun 2018024660.183.08$757
May 2018027365.382.90$792
Apr 2018025863.842.90$748
Mar 2018028661.222.79$797
Feb 2018026861.782.77$741
Jan 2018025162.874.01$1,006
Dec 2017027457.272.92$801
Nov 2017029455.423.12$917
Oct 2017013749.292.98$409
Sep 2017022047.523.09$679
Aug 2017012745.373.00$382
Jul 2017019943.873.09$614
Jun 2017017142.493.09$528
May 2017023145.373.26$754
Apr 2017027747.933.21$890
Mar 2017027946.772.98$832
Feb 2017021650.452.95$638
Jan 2017020049.413.42$684
Dec 2016026348.763.72$979
Nov 201602642.492.64$69
Oct 2016015146.193.09$467
Sep 2016013741.553.10$425
Aug 201607741.442.92$225
Jul 201607441.622.92$216
Jun 201607145.352.69$191
May 2016011542.521.99$229
Apr 2016012836.561.99$255
Mar 2016022133.011.79$396
Feb 201609926.472.06$204
Jan 20160027.352.36$0
Dec 20151032.362.00$32
Nov 2015010838.792.17$234
Oct 2015012043.552.43$291
Sep 201506242.992.76$171
Aug 201506240.162.87$178
Jul 201526648.152.95$291
Jun 201507256.152.88$208
May 201504355.212.96$127
Apr 201504349.822.71$116
Mar 201508442.892.93$247
Feb 2015413944.662.98$592
Jan 2015012843.433.10$397
Dec 2014030754.693.59$1,103
Nov 2014017770.464.25$753
Oct 2014019578.303.90$761
Sep 2014072586.164.05$2,933
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20145094.734.73$474
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 2013130104.113.72$1,353
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 201303094.834.15$124
Apr 2013020293.964.28$865
Mar 2013080793.623.91$3,158
Feb 2013094791.233.42$3,239
Jan 2013058391.603.42$1,994
Dec 201201,11986.773.42$3,827
Nov 201201,16686.953.62$4,227
Oct 201201,97889.383.40$6,725
Sep 201202,05094.672.92$5,983
Aug 201282,14492.662.91$6,976
Jul 201202,12885.133.02$6,428
Jun 2012066779.822.52$1,680
May 201201,05291.612.49$2,618
Apr 201201,549101.652.00$3,093
Mar 201200105.052.22$0
Feb 201201,681101.102.57$4,321
Jan 201201098.092.73$27
Dec 20110096.873.24$0
Nov 20110495.723.31$13
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 201110083.404.15$834
Jul 2011092594.144.52$4,178
Jun 201121,50292.904.64$7,155
May 20116198.134.40$593
Apr 20110668105.964.33$2,895
Mar 2011101,12196.364.06$5,512
Feb 201102,96885.644.18$12,406
Jan 201161,76186.504.59$8,600
Dec 201061,73685.734.35$8,062
Nov 2010101,14880.843.80$5,165
Oct 201002,12578.103.51$7,456
Sep 201002,44272.633.98$9,718
Aug 2010163,05473.684.42$14,676
Jul 2010244,42572.554.74$22,700
Jun 2010176,87770.364.91$34,965
May 2010223,22271.124.24$15,211

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                   64 Mcf  × $  3.15 =       $202

────────────────────────────────────────────────────
Month total                                     $202

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/259412 is the state's own key, not one this site invented.