GALVAN RANCH N10

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 259438District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$454 k
Jul 2010 – May 2026
Value, last 12 filed months
$4 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 Gas112012-11-19207725
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
CondensateDisposition114 bbl$7,829
GasProduction126,017 Mcf$445,717
Total$453,546

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 28.0236, -99.6888. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02359, -99.68876 · 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
6,500 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 6,500 ft.

Completions filed
Jul 2010
1 of 1 wells

1 well

42-4794086026,500 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 2026055106.413.05$168
Apr 202607798.932.87$221
Mar 202608889.753.15$277
Feb 202607063.503.75$263
Jan 202607459.138.00$592
Dec 202508156.664.41$357
Nov 202509258.593.93$361
Oct 2025011259.383.30$370
Sep 2025018962.743.08$582
Aug 2025012363.933.01$371
Jul 2025011666.743.32$385
Jun 2025011666.483.13$363
May 2025015360.553.23$495
Apr 2025013562.363.54$478
Mar 2025014467.704.27$615
Feb 2025016770.884.34$725
Jan 2025014574.324.28$620
Dec 2024016068.993.12$499
Nov 2024011569.052.20$253
Oct 2024016071.372.28$365
Sep 2024015069.612.36$355
Aug 2024015575.632.06$320
Jul 2024015879.932.15$339
Jun 2024015278.082.63$400
May 2024014178.812.20$310
Apr 2024015184.451.66$251
Mar 2024015880.301.55$244
Feb 2024017776.091.78$316
Jan 2024014973.023.30$491
Dec 2023015771.262.61$410
Nov 2023015277.892.81$427
Oct 2023013285.443.09$408
Sep 2023014089.042.74$383
Aug 2023014080.522.67$374
Jul 2023013874.852.64$365
Jun 2023013568.962.26$305
May 2023016470.622.23$365
Apr 2023014978.122.24$333
Mar 2023016472.852.39$392
Feb 2023013975.112.47$343
Jan 2023013376.533.39$451
Dec 2022019176.415.73$1,094
Nov 2022018985.005.65$1,067
Oct 2022016187.185.86$944
Sep 2022016084.888.16$1,306
Aug 2022013594.529.13$1,232
Jul 20220178101.587.54$1,342
Jun 20220187115.097.98$1,492
May 20220208109.378.43$1,754
Apr 20220208104.226.84$1,422
Mar 20220217108.885.08$1,102
Feb 2022018691.054.86$904
Jan 2022022781.844.54$1,030
Dec 2021024471.323.90$951
Nov 2021025277.435.24$1,320
Oct 2021024479.795.71$1,394
Sep 2021017069.865.35$910
Aug 2021019466.024.22$819
Jul 2021020670.783.98$820
Jun 2021018069.493.38$609
May 2021020063.483.02$604
Apr 2021018560.362.76$510
Mar 2021018661.302.72$505
Feb 2021014357.805.55$793
Jan 2021019450.412.81$545
Dec 2020018844.642.68$503
Nov 2020016738.772.71$452
Oct 2020020736.972.48$513
Sep 2020019837.091.99$394
Aug 2020020739.982.39$494
Jul 2020020938.371.83$381
Jun 2020020034.901.69$338
May 2020020516.921.81$372
Apr 2020022014.751.80$397
Mar 2020032730.341.86$607
Feb 2020030949.881.98$612
Jan 2020036357.252.09$760
Dec 2019031859.012.30$733
Nov 2019032255.302.75$886
Oct 2019033953.472.42$820
Sep 2019034455.052.66$914
Aug 2019032953.112.30$758
Jul 2019035956.272.46$883
Jun 2019032052.782.49$797
May 2019032658.482.74$893
Apr 2019034262.632.75$941
Mar 2019035656.803.06$1,090
Feb 2019033550.852.79$935
Jan 2019038246.033.23$1,233
Dec 2018039646.594.19$1,657
Nov 2018039552.934.24$1,674
Oct 2018238961.443.40$1,445
Sep 2018031259.543.11$970
Aug 2018039259.403.07$1,202
Jul 2018036665.142.93$1,073
Jun 2018038960.183.08$1,197
May 2018043165.382.90$1,250
Apr 2018040963.842.90$1,186
Mar 2018045261.222.79$1,260
Feb 2018042461.782.77$1,173
Jan 2018039762.874.01$1,592
Dec 2017043357.272.92$1,265
Nov 2017046555.423.12$1,450
Oct 2017150449.292.98$1,553
Sep 2017144447.523.09$1,418
Aug 2017144845.373.00$1,391
Jul 2017074443.873.09$2,297
Jun 2017184742.493.09$2,657
May 2017180445.373.26$2,669
Apr 2017191347.933.21$2,980
Mar 2017058846.772.98$1,754
Feb 2017133150.452.95$1,028
Jan 2017542549.413.42$1,700
Dec 2016049848.763.72$1,854
Nov 2016058642.492.64$1,550
Oct 2016165246.193.09$2,061
Sep 2016071941.553.10$2,229
Aug 2016146541.442.92$1,401
Jul 2016476841.622.92$2,412
Jun 2016070445.352.69$1,891
May 2016051242.521.99$1,019
Apr 2016347836.561.99$1,061
Mar 2016065533.011.79$1,175
Feb 2016363426.472.06$1,388
Jan 2016067527.352.36$1,596
Dec 2015464232.362.00$1,414
Nov 2015066938.792.17$1,450
Oct 2015474343.552.43$1,977
Sep 2015082642.992.76$2,278
Aug 2015480340.162.87$2,467
Jul 2015076448.152.95$2,250
Jun 2015072656.152.88$2,093
May 2015472255.212.96$2,355
Apr 2015072949.822.71$1,973
Mar 2015588742.892.93$2,818
Feb 2015088844.662.98$2,643
Jan 2015458743.433.10$1,994
Dec 2014080254.693.59$2,880
Nov 2014483670.464.25$3,836
Oct 2014092478.303.90$3,604
Sep 2014483586.164.05$3,723
Aug 2014097289.394.04$3,922
Jul 2014096096.564.18$4,012
Jun 2014492198.164.74$4,755
May 2014098894.734.73$4,670
Apr 201431,06495.944.81$5,405
Mar 2014072095.895.06$3,641
Feb 2014490397.406.19$5,981
Jan 201401,04390.404.86$5,070
Dec 2013097191.824.35$4,228
Nov 201301,02288.853.74$3,821
Oct 201301,06997.423.78$4,040
Sep 20130983104.113.72$3,655
Aug 201301,053104.253.52$3,709
Jul 201301,157102.523.72$4,301
Jun 2013099094.403.93$3,894
May 201301,23294.834.15$5,112
Apr 201301,27893.964.28$5,473
Mar 201301,08793.623.91$4,253
Feb 2013086491.233.42$2,955
Jan 2013097191.603.42$3,321
Dec 201201,02186.773.42$3,492
Nov 201201,34986.953.62$4,890
Oct 201201,44989.383.40$4,926
Sep 201201,32794.672.92$3,873
Aug 201201,48892.662.91$4,327
Jul 201201,57085.133.02$4,743
Jun 201201,60179.822.52$4,033
May 201231,66091.612.49$4,405
Apr 201201,825101.652.00$3,644
Mar 201201,962105.052.22$4,360
Feb 201202,052101.102.57$5,274
Jan 201201,88298.092.73$5,146
Dec 201101,24996.873.24$4,046
Nov 201161,65895.723.31$6,064
Oct 201102,00584.983.65$7,315
Sep 201102,40383.623.99$9,578
Aug 20110083.404.15$0
Jul 201101,02694.144.52$4,635
Jun 201102792.904.64$125
May 201171,59798.134.40$7,721
Apr 201101,984105.964.33$8,597
Mar 201182,42596.364.06$10,610
Feb 201102,28685.644.18$9,555
Jan 201142,59886.504.59$12,268
Dec 201052,75185.734.35$12,389
Nov 201002,83080.843.80$10,741
Oct 201063,08878.103.51$11,304
Sep 201013,27272.633.98$13,093
Aug 201044,16073.684.42$18,679
Jul 201002,77472.554.74$13,139

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                   55 Mcf  × $  3.05 =       $168

────────────────────────────────────────────────────
Month total                                     $168

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/259438 is the state's own key, not one this site invented.