GALVAN RANCH K14

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 259699District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$317 k
Aug 2010 – May 2026
Value, last 12 filed months
$860
at the published price for each month
Months reported
190
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 Gas112012-11-19207724
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
CondensateDisposition250 bbl$18,152
GasProduction83,471 Mcf$298,600
Total$316,753

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 28.0304, -99.7198. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03042, -99.71981 · 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
6,400 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 6,400 ft.

Completions filed
Aug 2010
1 of 1 wells

1 well

42-4794085136,400 ftAug 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 (190)

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

190 months

May 20260156106.413.05$475
Apr 2026013498.932.87$385
Mar 20260089.753.15$0
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 20230075.112.47$0
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 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20191046.033.23$46
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 2018010759.543.11$333
Aug 2018013559.403.07$414
Jul 2018012665.142.93$369
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201707549.292.98$224
Sep 2017028547.523.09$880
Aug 2017030645.373.00$919
Jul 2017011043.873.09$340
Jun 20173042.493.09$127
May 201701145.373.26$36
Apr 201701347.933.21$42
Mar 201725946.772.98$270
Feb 2017014450.452.95$425
Jan 20171118949.413.42$1,190
Dec 20161216148.763.72$1,185
Nov 2016010642.492.64$280
Oct 2016218846.193.09$673
Sep 2016044541.553.10$1,380
Aug 2016139841.442.92$1,205
Jul 2016015641.622.92$456
Jun 2016132945.352.69$929
May 20161941742.521.99$1,638
Apr 2016054636.561.99$1,087
Mar 201601,21933.011.79$2,187
Feb 201601,09526.472.06$2,260
Jan 2016098027.352.36$2,317
Dec 2015812532.362.00$509
Nov 2015022938.792.17$496
Oct 2015025543.552.43$619
Sep 2015044942.992.76$1,239
Aug 2015045340.162.87$1,301
Jul 2015054148.152.95$1,593
Jun 20151264756.152.88$2,539
May 2015058355.212.96$1,723
Apr 2015059349.822.71$1,605
Mar 2015061342.892.93$1,799
Feb 20151887044.662.98$3,393
Jan 2015074943.433.10$2,322
Dec 201401,02854.693.59$3,692
Nov 201401,43470.464.25$6,097
Oct 201401,58578.303.90$6,183
Sep 201401,82786.164.05$7,391
Aug 201401589.394.04$61
Jul 201401596.564.18$63
Jun 201401498.164.74$66
May 201422894.734.73$322
Apr 201402895.944.81$135
Mar 201403195.895.06$157
Feb 201406597.406.19$402
Jan 201407890.404.86$379
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130997.423.78$34
Sep 2013519104.113.72$591
Aug 201300104.253.52$0
Jul 2013019102.523.72$71
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130993.623.91$35
Feb 201301991.233.42$65
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012077986.953.62$2,824
Oct 2012071689.383.40$2,434
Sep 2012068494.672.92$1,996
Aug 20121291592.662.91$3,773
Jul 201201,18785.133.02$3,586
Jun 2012121,43679.822.52$4,575
May 201201,41191.612.49$3,511
Apr 201201,452101.652.00$2,899
Mar 201201,754105.052.22$3,898
Feb 201201,591101.102.57$4,089
Jan 201201,78198.092.73$4,869
Dec 201101,84296.873.24$5,968
Nov 2011102,19095.723.31$8,209
Oct 201101,49984.983.65$5,469
Sep 201101,07383.623.99$4,277
Aug 2011111,15783.404.15$5,718
Jul 2011070594.144.52$3,185
Jun 2011111,15792.904.64$6,390
May 2011151,65498.134.40$8,758
Apr 201101,875105.964.33$8,125
Mar 2011132,76596.364.06$12,471
Feb 201102,84085.644.18$11,871
Jan 2011133,41386.504.59$16,786
Dec 2010183,95385.734.35$18,730
Nov 2010234,47180.843.80$18,828
Oct 201005,62578.103.51$19,738
Sep 201007,21772.633.98$28,720
Aug 2010156,10973.684.42$28,103

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                  156 Mcf  × $  3.05 =       $475

────────────────────────────────────────────────────
Month total                                     $475

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/259699 is the state's own key, not one this site invented.