GALVAN RANCH P6

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 260744District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$479 k
Oct 2010 – May 2026
Value, last 12 filed months
$331
at the published price for each month
Months reported
188
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 Gas112012-11-15207708
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
CondensateDisposition106 bbl$4,710
GasProduction141,298 Mcf$474,649
Total$479,359

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 28.0500, -99.6564. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05000, -99.65639 · 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
6,770 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 6,770 ft.

Completions filed
Oct 2010
1 of 1 wells

1 well

42-4794090746,770 ftOct 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 (188)

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

188 months

May 202602106.413.05$6
Apr 20260298.932.87$6
Mar 20260889.753.15$25
Feb 20260663.503.75$23
Jan 20260659.138.00$48
Dec 20250756.664.41$31
Nov 20250858.593.93$31
Oct 20250959.383.30$30
Sep 202501062.743.08$31
Aug 202501063.933.01$30
Jul 202501166.743.32$36
Jun 202501166.483.13$34
May 202501160.553.23$36
Apr 202501162.363.54$39
Mar 202501267.704.27$51
Feb 202501470.884.34$61
Jan 202501274.324.28$51
Dec 202401368.993.12$41
Nov 202401069.052.20$22
Oct 202401371.372.28$30
Sep 202401369.612.36$31
Aug 202401375.632.06$27
Jul 202401379.932.15$28
Jun 202401378.082.63$34
May 202401278.812.20$26
Apr 202401384.451.66$22
Mar 202401380.301.55$20
Feb 202401576.091.78$27
Jan 202401273.023.30$40
Dec 202301371.262.61$34
Nov 202301377.892.81$37
Oct 202301185.443.09$34
Sep 202301289.042.74$33
Aug 202301280.522.67$32
Jul 202301274.852.64$32
Jun 202301168.962.26$25
May 202301470.622.23$31
Apr 202301278.122.24$27
Mar 202301472.852.39$34
Feb 202301175.112.47$27
Jan 202301176.533.39$37
Dec 202201676.415.73$92
Nov 202201685.005.65$90
Oct 202201387.185.86$76
Sep 202201384.888.16$106
Aug 202201194.529.13$100
Jul 2022015101.587.54$113
Jun 2022016115.097.98$128
May 2022017109.378.43$143
Apr 2022017104.226.84$116
Mar 2022018108.885.08$91
Feb 202201691.054.86$78
Jan 202201981.844.54$86
Dec 202102071.323.90$78
Nov 202102177.435.24$110
Oct 202102079.795.71$114
Sep 202102169.865.35$112
Aug 202102466.024.22$101
Jul 202102670.783.98$104
Jun 202102269.493.38$74
May 202102563.483.02$75
Apr 202102360.362.76$63
Mar 202102261.302.72$60
Feb 202101857.805.55$100
Jan 202102950.412.81$82
Dec 202002844.642.68$75
Nov 202002538.772.71$68
Oct 202003036.972.48$74
Sep 202002937.091.99$58
Aug 202002939.982.39$69
Jul 202003038.371.83$55
Jun 202002934.901.69$49
May 202003016.921.81$54
Apr 202002914.751.80$52
Mar 2020065130.341.86$1,208
Feb 2020061349.881.98$1,214
Jan 2020072157.252.09$1,510
Dec 2019063259.012.30$1,456
Nov 2019063955.302.75$1,758
Oct 2019067453.472.42$1,630
Sep 2019068455.052.66$1,818
Aug 2019065453.112.30$1,507
Jul 2019071456.272.46$1,756
Jun 2019063752.782.49$1,587
May 2019064958.482.74$1,778
Apr 2019068062.632.75$1,870
Mar 2019070756.803.06$2,165
Feb 2019066550.852.79$1,857
Jan 2019075946.033.23$2,450
Dec 2018078746.594.19$3,294
Nov 2018078452.934.24$3,322
Oct 2018077261.443.40$2,623
Sep 2018062059.543.11$1,927
Aug 2018078059.403.07$2,392
Jul 2018072765.142.93$2,131
Jun 2018077360.183.08$2,378
May 2018085765.382.90$2,486
Apr 2018081263.842.90$2,355
Mar 2018089861.222.79$2,503
Feb 2018084361.782.77$2,332
Jan 2018078862.874.01$3,159
Dec 2017086057.272.92$2,513
Nov 2017692555.423.12$3,217
Oct 2017693649.292.98$3,088
Sep 2017679447.523.09$2,736
Aug 2017691645.373.00$3,024
Jul 201701,00743.873.09$3,109
Jun 201761,17942.493.09$3,895
May 201761,24045.373.26$4,319
Apr 201761,14147.933.21$3,952
Mar 201741,26046.772.98$3,947
Feb 201761,24550.452.95$3,979
Jan 2017111,33349.413.42$5,101
Dec 201601,02548.763.72$3,816
Nov 2016597342.492.64$2,785
Oct 20161063846.193.09$2,433
Sep 2016565241.553.10$2,229
Aug 2016165941.442.92$1,969
Jul 2016558241.622.92$1,910
Jun 2016062545.352.69$1,679
May 2016066342.521.99$1,320
Apr 2016963136.561.99$1,585
Mar 2016077633.011.79$1,392
Feb 2016467926.472.06$1,507
Jan 2016461327.352.36$1,559
Dec 2015084632.362.00$1,693
Nov 2015078538.792.17$1,701
Oct 2015087343.552.43$2,118
Sep 2015096742.992.76$2,667
Aug 2015094040.162.87$2,700
Jul 2015085948.152.95$2,530
Jun 2015077656.152.88$2,237
May 2015091455.212.96$2,701
Apr 2015092349.822.71$2,498
Mar 201501,01442.892.93$2,976
Feb 201501,05044.662.98$3,125
Jan 2015071743.433.10$2,223
Dec 201401,08354.693.59$3,889
Nov 201401,05770.464.25$4,494
Oct 201401,16878.303.90$4,556
Sep 201401,06086.164.05$4,288
Aug 201401,19489.394.04$4,818
Jul 201401,17696.564.18$4,915
Jun 201401,13098.164.74$5,353
May 201401,14594.734.73$5,412
Apr 2014072895.944.81$3,501
Mar 2014079495.895.06$4,015
Feb 2014098197.406.19$6,074
Jan 2014098890.404.86$4,802
Dec 2013093791.824.35$4,080
Nov 201301,05288.853.74$3,933
Oct 201301,21997.423.78$4,607
Sep 201301,267104.113.72$4,710
Aug 201301,345104.253.52$4,738
Jul 201301,378102.523.72$5,123
Jun 201301,36894.403.93$5,381
May 201301,49294.834.15$6,190
Apr 201301,54393.964.28$6,608
Mar 201301,74793.623.91$6,836
Feb 201301,61091.233.42$5,506
Jan 201301,76291.603.42$6,026
Dec 201201,66686.773.42$5,698
Nov 201201,70086.953.62$6,162
Oct 201201,72289.383.40$5,854
Sep 201201,80094.672.92$5,253
Aug 201201,89592.662.91$5,511
Jul 201201,92685.133.02$5,818
Jun 201202,06979.822.52$5,212
May 201202,04191.612.49$5,079
Apr 201202,131101.652.00$4,255
Mar 201202,092105.052.22$4,649
Feb 201202,269101.102.57$5,832
Jan 201202,63198.092.73$7,193
Dec 201102,88396.873.24$9,340
Nov 201103,22395.723.31$10,672
Oct 201103,60584.983.65$13,153
Sep 201104,24383.623.99$16,912
Aug 20110083.404.15$0
Jul 201101,04794.144.52$4,730
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20110910105.964.33$3,943
Mar 201103,41896.364.06$13,868
Feb 201102,89285.644.18$12,089
Jan 201103,21786.504.59$14,762
Dec 20100085.734.35$0
Nov 201005,60780.843.80$21,280
Oct 201004,38578.103.51$15,386

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                    2 Mcf  × $  3.05 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/260744 is the state's own key, not one this site invented.