GALVAN RANCH P8

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 260518District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$451 k
Aug 2010 – May 2026
Value, last 12 filed months
$3 k
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 Gas112012-11-19207715
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
CondensateDisposition171 bbl$13,415
GasProduction125,920 Mcf$437,874
Total$451,289

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 28.0486, -99.6392. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04861, -99.63917 · 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
6,865 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 6,865 ft.

Completions filed
Aug 2010
1 of 1 wells

1 well

42-4794087146,865 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 2026041106.413.05$125
Apr 202605798.932.87$164
Mar 202605689.753.15$176
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 2025019462.743.08$597
Aug 202509263.933.01$277
Jul 202508766.743.32$288
Jun 202508766.483.13$272
May 2025022360.553.23$721
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 202104269.865.35$225
Aug 202104866.024.22$203
Jul 202105270.783.98$207
Jun 202104569.493.38$152
May 202105063.483.02$151
Apr 202104660.362.76$127
Mar 202104761.302.72$128
Feb 202103657.805.55$200
Jan 202105050.412.81$141
Dec 202004344.642.68$115
Nov 202005138.772.71$138
Oct 2020017136.972.48$424
Sep 2020016037.091.99$319
Aug 2020017039.982.39$405
Jul 2020018538.371.83$338
Jun 2020018834.901.69$318
May 2020017116.921.81$310
Apr 2020018914.751.80$341
Mar 2020067330.341.86$1,249
Feb 2020063449.881.98$1,256
Jan 2020074657.252.09$1,563
Dec 2019065459.012.30$1,507
Nov 2019066255.302.75$1,821
Oct 2019069653.472.42$1,683
Sep 2019070755.052.66$1,879
Aug 2019067653.112.30$1,558
Jul 2019073956.272.46$1,818
Jun 2019065952.782.49$1,642
May 2019067158.482.74$1,839
Apr 2019070462.632.75$1,936
Mar 2019073256.803.06$2,241
Feb 2019068850.852.79$1,921
Jan 2019078546.033.23$2,534
Dec 2018081446.594.19$3,407
Nov 2018081152.934.24$3,436
Oct 2018079961.443.40$2,715
Sep 2018064159.543.11$1,992
Aug 2018080759.403.07$2,475
Jul 2018075265.142.93$2,205
Jun 2018080060.183.08$2,462
May 2018088765.382.90$2,573
Apr 2018084063.842.90$2,437
Mar 2018092961.222.79$2,589
Feb 2018087261.782.77$2,412
Jan 2018081562.874.01$3,268
Dec 2017089057.272.92$2,600
Nov 2017295755.423.12$3,095
Oct 2017296949.292.98$2,990
Sep 2017299247.523.09$3,158
Aug 201721,13445.373.00$3,498
Jul 201701,21043.873.09$3,736
Jun 201721,33242.493.09$4,197
May 201721,09345.373.26$3,658
Apr 201721,01647.933.21$3,359
Mar 2017288846.772.98$2,743
Feb 2017251750.452.95$1,627
Jan 2017418149.413.42$816
Dec 2016054648.763.72$2,033
Nov 2016252042.492.64$1,460
Oct 2016446946.193.09$1,634
Sep 2016266741.553.10$2,151
Aug 2016063641.442.92$1,860
Jul 2016250941.622.92$1,572
Jun 2016042945.352.69$1,152
May 2016030542.521.99$607
Apr 2016328936.561.99$685
Mar 2016027433.011.79$492
Feb 2016126526.472.06$573
Jan 2016122727.352.36$564
Dec 2015035032.362.00$700
Nov 2015049238.792.17$1,066
Oct 2015054843.552.43$1,330
Sep 2015036142.992.76$996
Aug 2015035140.162.87$1,008
Jul 2015034548.152.95$1,016
Jun 2015034056.152.88$980
May 2015435155.212.96$1,258
Apr 2015035549.822.71$961
Mar 2015038842.892.93$1,139
Feb 2015037044.662.98$1,101
Jan 2015023143.433.10$716
Dec 2014045654.693.59$1,638
Nov 2014048170.464.25$2,045
Oct 2014053278.303.90$2,075
Sep 2014049986.164.05$2,019
Aug 201401,12289.394.04$4,527
Jul 201401,10696.564.18$4,623
Jun 201401,06298.164.74$5,031
May 201451,16694.734.73$5,985
Apr 201401,13195.944.81$5,439
Mar 201451,14095.895.06$6,244
Feb 201401,22997.406.19$7,610
Jan 201441,17390.404.86$6,063
Dec 201301,12691.824.35$4,903
Nov 201301,14088.853.74$4,262
Oct 201301,12397.423.78$4,244
Sep 201341,189104.113.72$4,837
Aug 201301,261104.253.52$4,442
Jul 201301,228102.523.72$4,565
Jun 201301,16294.403.93$4,571
May 201301,24994.834.15$5,182
Apr 201301,29393.964.28$5,537
Mar 201301,44293.623.91$5,642
Feb 201301,19291.233.42$4,077
Jan 201301,33391.603.42$4,559
Dec 201201,37486.773.42$4,699
Nov 201201,33686.953.62$4,843
Oct 201201,33789.383.40$4,545
Sep 201201,37394.672.92$4,007
Aug 201201,46792.662.91$4,266
Jul 201241,58385.133.02$5,122
Jun 201201,58079.822.52$3,980
May 201251,57391.612.49$4,372
Apr 201201,603101.652.00$3,201
Mar 201251,992105.052.22$4,952
Feb 201281,609101.102.57$4,944
Jan 201241,84098.092.73$5,423
Dec 201171,83196.873.24$6,610
Nov 201142,16295.723.31$7,542
Oct 201172,20784.983.65$8,647
Sep 201192,94383.623.99$12,483
Aug 2011340983.404.15$1,947
Jul 2011083994.144.52$3,790
Jun 20110092.904.64$0
May 201101,32198.134.40$5,819
Apr 20110382105.964.33$1,655
Mar 201171,63896.364.06$7,320
Feb 201131,80985.644.18$7,819
Jan 2011102,13186.504.59$10,644
Dec 201072,36585.734.35$10,883
Nov 201082,46480.843.80$9,998
Oct 201092,82878.103.51$10,626
Sep 201093,25972.633.98$13,623
Aug 201033,57773.684.42$16,029

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/260518 is the state's own key, not one this site invented.