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 260519District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$687 k
Sep 2010 – May 2026
Value, last 12 filed months
$968
at the published price for each month
Months reported
189
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 Gas112012-11-19207714
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
CondensateDisposition340 bbl$24,654
GasProduction197,229 Mcf$662,805
Total$687,458

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 28.0542, -99.6378. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05417, -99.63778 · 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
6,850 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 6,850 ft.

Completions filed
Sep 2010
1 of 1 wells

1 well

42-4794087226,850 ftSep 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 (189)

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

189 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 2025024962.743.08$766
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025028760.553.23$928
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 2023026675.112.47$656
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 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 2020065838.772.71$1,781
Oct 2020058836.972.48$1,457
Sep 2020055137.091.99$1,097
Aug 2020058639.982.39$1,398
Jul 2020063738.371.83$1,163
Jun 2020064534.901.69$1,090
May 2020058616.921.81$1,063
Apr 2020065314.751.80$1,178
Mar 2020090330.341.86$1,676
Feb 2020085249.881.98$1,688
Jan 202001,00257.252.09$2,099
Dec 2019087859.012.30$2,023
Nov 2019088755.302.75$2,440
Oct 2019093653.472.42$2,264
Sep 2019094955.052.66$2,522
Aug 2019090853.112.30$2,092
Jul 2019099156.272.46$2,438
Jun 2019088452.782.49$2,202
May 2019090158.482.74$2,469
Apr 2019094562.632.75$2,599
Mar 2019098256.803.06$3,007
Feb 2019092450.852.79$2,580
Jan 201901,05446.033.23$3,403
Dec 201801,09346.594.19$4,575
Nov 201801,08952.934.24$4,614
Oct 201801,07261.443.40$3,643
Sep 2018086059.543.11$2,673
Aug 201801,08359.403.07$3,321
Jul 201801,01065.142.93$2,961
Jun 201801,07460.183.08$3,305
May 201801,19165.382.90$3,455
Apr 201801,12863.842.90$3,272
Mar 201801,24861.222.79$3,478
Feb 201801,17061.782.77$3,236
Jan 201801,09462.874.01$4,386
Dec 201701,19557.272.92$3,491
Nov 201771,28455.423.12$4,392
Oct 201771,30049.292.98$4,224
Sep 201771,16947.523.09$3,942
Aug 201771,27245.373.00$4,139
Jul 201701,26343.873.09$3,899
Jun 201771,18142.493.09$3,944
May 201771,13645.373.26$4,025
Apr 201771,07547.933.21$3,788
Mar 201751,06046.772.98$3,397
Feb 201771,22150.452.95$3,958
Jan 2017131,14249.413.42$4,547
Dec 2016089448.763.72$3,328
Nov 201661,02242.492.64$2,957
Oct 20161284846.193.09$3,175
Sep 2016682341.553.10$2,801
Aug 2016169541.442.92$2,074
Jul 2016658541.622.92$1,960
Jun 2016081845.352.69$2,197
May 2016094142.521.99$1,874
Apr 20161179936.561.99$1,993
Mar 2016084833.011.79$1,521
Feb 2016581126.472.06$1,806
Jan 2016566327.352.36$1,704
Dec 2015092832.362.00$1,857
Nov 201501,06738.792.17$2,313
Oct 201501,18743.552.43$2,880
Sep 201501,42742.992.76$3,936
Aug 201501,38740.162.87$3,984
Jul 201501,27048.152.95$3,740
Jun 201501,15056.152.88$3,315
May 201581,17955.212.96$3,926
Apr 201501,19149.822.71$3,224
Mar 201501,26242.892.93$3,704
Feb 201501,22044.662.98$3,631
Jan 2015077843.433.10$2,412
Dec 2014044854.693.59$1,609
Nov 201401,52170.464.25$6,467
Oct 201401,68178.303.90$6,558
Sep 201401,51586.164.05$6,129
Aug 201401,64289.394.04$6,626
Jul 201401,61896.564.18$6,763
Jun 201401,55598.164.74$7,366
May 201471,56094.734.73$8,037
Apr 201401,59895.944.81$7,685
Mar 201471,52495.895.06$8,378
Feb 201401,43597.406.19$8,886
Jan 201461,64990.404.86$8,558
Dec 201301,60591.824.35$6,989
Nov 201301,51988.853.74$5,678
Oct 201301,69797.423.78$6,414
Sep 201381,778104.113.72$7,443
Aug 201301,859104.253.52$6,549
Jul 201301,910102.523.72$7,101
Jun 201301,85294.403.93$7,285
May 201301,95394.834.15$8,103
Apr 201302,06293.964.28$8,831
Mar 201302,18793.623.91$8,557
Feb 201301,58191.233.42$5,407
Jan 201302,10691.603.42$7,202
Dec 201202,18786.773.42$7,480
Nov 201202,21586.953.62$8,029
Oct 201202,32589.383.40$7,904
Sep 201202,36294.672.92$6,893
Aug 201202,64192.662.91$7,680
Jul 201272,75485.133.02$8,915
Jun 201202,80879.822.52$7,073
May 201292,86691.612.49$7,956
Apr 201203,120101.652.00$6,230
Mar 201273,003105.052.22$7,408
Feb 2012163,104101.102.57$9,596
Jan 201283,60898.092.73$10,649
Dec 2011153,90096.873.24$14,088
Nov 201174,22595.723.31$14,660
Oct 2011134,06584.983.65$15,936
Sep 2011124,76183.623.99$19,980
Aug 2011445383.404.15$2,213
Jul 201101,07394.144.52$4,847
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201101,054105.964.33$4,567
Mar 2011133,56896.364.06$15,729
Feb 201163,36185.644.18$14,563
Jan 2011193,91186.504.59$19,590
Dec 2010124,19085.734.35$19,246
Nov 2010134,24080.843.80$17,143
Oct 2010134,66678.103.51$17,388
Sep 201044,67072.633.98$18,875

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/260519 is the state's own key, not one this site invented.