GALVAN RANCH J12

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 260622District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$330 k
Sep 2010 – May 2026
Value, last 12 filed months
$277
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 Gas112012-11-19207713
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
CondensateDisposition47 bbl$3,465
GasProduction95,115 Mcf$326,197
Total$329,661

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 27.9960, -99.7357. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.99598, -99.73573 · 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
6,550 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 6,550 ft.

Completions filed
Sep 2010
1 of 1 wells

1 well

42-4794085236,550 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 202608889.753.15$277
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 2023015975.112.47$392
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 2021070869.865.35$3,788
Aug 2021073866.024.22$3,115
Jul 2021073670.783.98$2,931
Jun 2021070869.493.38$2,393
May 2021074863.483.02$2,257
Apr 2021079660.362.76$2,196
Mar 2021080261.302.72$2,179
Feb 2021062557.805.55$3,467
Jan 2021079550.412.81$2,234
Dec 2020082544.642.68$2,207
Nov 2020095438.772.71$2,582
Oct 2020081636.972.48$2,022
Sep 2020077737.091.99$1,547
Aug 2020060539.982.39$1,443
Jul 2020041738.371.83$761
Jun 2020036034.901.69$609
May 2020039516.921.81$717
Apr 2020040814.751.80$736
Mar 2020014330.341.86$265
Feb 2020013549.881.98$267
Jan 2020015957.252.09$333
Dec 2019013959.012.30$320
Nov 2019014155.302.75$388
Oct 2019014853.472.42$358
Sep 2019015155.052.66$401
Aug 2019014453.112.30$332
Jul 2019015756.272.46$386
Jun 2019014052.782.49$349
May 2019014358.482.74$392
Apr 2019015062.632.75$413
Mar 2019015656.803.06$478
Feb 2019014650.852.79$408
Jan 2019016746.033.23$539
Dec 2018017346.594.19$724
Nov 2018017352.934.24$733
Oct 2018017061.443.40$578
Sep 2018013659.543.11$423
Aug 2018017259.403.07$527
Jul 2018016065.142.93$469
Jun 2018017060.183.08$523
May 2018018965.382.90$548
Apr 2018017963.842.90$519
Mar 2018019861.222.79$552
Feb 2018018661.782.77$515
Jan 2018017362.874.01$694
Dec 2017118957.272.92$609
Nov 2017020455.423.12$636
Oct 2017022149.292.98$659
Sep 2017038847.523.09$1,198
Aug 2017051545.373.00$1,547
Jul 2017040043.873.09$1,235
Jun 2017042042.493.09$1,297
May 2017031945.373.26$1,041
Apr 2017034347.933.21$1,102
Mar 2017043246.772.98$1,289
Feb 2017035650.452.95$1,051
Jan 201707249.413.42$246
Dec 2016035748.763.72$1,329
Nov 2016054042.492.64$1,428
Oct 2016128646.193.09$930
Sep 2016028741.553.10$890
Aug 2016151041.442.92$1,533
Jul 2016334441.622.92$1,131
Jun 2016037545.352.69$1,007
May 2016027542.521.99$548
Apr 2016046136.561.99$918
Mar 2016064633.011.79$1,159
Feb 2016032626.472.06$673
Jan 2016035127.352.36$830
Dec 2015334832.362.00$794
Nov 2015053238.792.17$1,153
Oct 2015059743.552.43$1,449
Sep 2015022542.992.76$621
Aug 2015021740.162.87$623
Jul 2015046648.152.95$1,372
Jun 2015074256.152.88$2,139
May 2015074455.212.96$2,199
Apr 2015675549.822.71$2,342
Mar 2015084442.892.93$2,477
Feb 2015097244.662.98$2,893
Jan 2015072843.433.10$2,257
Dec 201451,00754.693.59$3,890
Nov 2014098770.464.25$4,197
Oct 201401,09078.303.90$4,252
Sep 2014099586.164.05$4,025
Aug 2014093089.394.04$3,753
Jul 2014092396.564.18$3,858
Jun 2014487998.164.74$4,556
May 2014096494.734.73$4,556
Apr 201401,06495.944.81$5,117
Mar 2014460695.895.06$3,448
Feb 2014069397.406.19$4,291
Jan 2014074990.404.86$3,641
Dec 2013084191.824.35$3,662
Nov 2013386588.853.74$3,500
Oct 2013056297.423.78$2,124
Sep 20130703104.113.72$2,614
Aug 20130734104.253.52$2,586
Jul 20130963102.523.72$3,580
Jun 2013489394.403.93$3,890
May 2013097294.834.15$4,033
Apr 2013096693.964.28$4,137
Mar 2013098593.623.91$3,854
Feb 2013488591.233.42$3,392
Jan 201301,04391.603.42$3,567
Dec 201201,07686.773.42$3,680
Nov 201201,11886.953.62$4,053
Oct 201201,30189.383.40$4,423
Sep 201201,20994.672.92$3,528
Aug 201201,41192.662.91$4,103
Jul 201201,35785.133.02$4,099
Jun 201201,40779.822.52$3,544
May 201201,45091.612.49$3,608
Apr 201201,455101.652.00$2,905
Mar 201201,561105.052.22$3,469
Feb 201201,429101.102.57$3,673
Jan 201201,39598.092.73$3,814
Dec 201101,54196.873.24$4,992
Nov 201101,74895.723.31$5,788
Oct 201102,10084.983.65$7,662
Sep 201131,89183.623.99$7,788
Aug 2011079083.404.15$3,278
Jul 201102794.144.52$122
Jun 2011072192.904.64$3,345
May 201101,29898.134.40$5,717
Apr 20113491105.964.33$2,446
Mar 201101,73696.364.06$7,044
Feb 201121,47885.644.18$6,349
Jan 201101,72786.504.59$7,925
Dec 201001,96185.734.35$8,526
Nov 201002,23880.843.80$8,494
Oct 201003,05978.103.51$10,734
Sep 201002,29672.633.98$9,137

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                   88 Mcf  × $  3.15 =       $277

────────────────────────────────────────────────────
Month total                                     $277

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/260622 is the state's own key, not one this site invented.