GALVAN RANCH K15

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 260781District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$229 k
Sep 2010 – May 2026
Value, last 12 filed months
$2 k
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 Gas112012-11-19207706
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
CondensateDisposition70 bbl$5,135
GasProduction69,707 Mcf$224,126
Total$229,261

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 28.0350, -99.7088. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03498, -99.70882 · 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
Sep 2010
1 of 1 wells

1 well

42-4794091236,400 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 2026049106.413.05$149
Apr 202604298.932.87$121
Mar 202606589.753.15$205
Feb 202603363.503.75$124
Jan 202603659.138.00$288
Dec 202503756.664.41$163
Nov 202502658.593.93$102
Oct 202503459.383.30$112
Sep 202503962.743.08$120
Aug 202503963.933.01$118
Jul 202503466.743.32$113
Jun 202503466.483.13$106
May 202503460.553.23$110
Apr 202503462.363.54$120
Mar 202503667.704.27$154
Feb 202503970.884.34$169
Jan 202502974.324.28$124
Dec 202402868.993.12$87
Nov 202404669.052.20$101
Oct 202404271.372.28$96
Sep 202403869.612.36$90
Aug 202404075.632.06$83
Jul 202403679.932.15$77
Jun 202404078.082.63$105
May 202403578.812.20$77
Apr 202403384.451.66$55
Mar 202404480.301.55$68
Feb 202404676.091.78$82
Jan 202404573.023.30$148
Dec 202304171.262.61$107
Nov 202304377.892.81$121
Oct 202303985.443.09$120
Sep 202304589.042.74$123
Aug 202304580.522.67$120
Jul 202305174.852.64$135
Jun 202304268.962.26$95
May 202305170.622.23$114
Apr 202304578.122.24$101
Mar 202305172.852.39$122
Feb 202305075.112.47$123
Jan 202306676.533.39$224
Dec 202205276.415.73$298
Nov 202205585.005.65$311
Oct 202205087.185.86$293
Sep 202205484.888.16$441
Aug 202205494.529.13$493
Jul 2022055101.587.54$415
Jun 2022062115.097.98$495
May 2022059109.378.43$498
Apr 2022060104.226.84$410
Mar 2022074108.885.08$376
Feb 202205491.054.86$262
Jan 202206981.844.54$313
Dec 202106571.323.90$253
Nov 202106477.435.24$335
Oct 202107079.795.71$400
Sep 2021021569.865.35$1,150
Aug 2021022466.024.22$945
Jul 2021022370.783.98$888
Jun 2021021569.493.38$727
May 2021022763.483.02$685
Apr 2021024160.362.76$665
Mar 2021024361.302.72$660
Feb 2021019057.805.55$1,054
Jan 2021020150.412.81$565
Dec 2020027544.642.68$736
Nov 2020023738.772.71$641
Oct 2020020436.972.48$506
Sep 2020022137.091.99$440
Aug 2020022539.982.39$537
Jul 2020018238.371.83$332
Jun 202006134.901.69$103
May 202006616.921.81$120
Apr 202005314.751.80$96
Mar 2020058930.341.86$1,093
Feb 2020055549.881.98$1,099
Jan 2020065357.252.09$1,368
Dec 2019057259.012.30$1,318
Nov 2019057955.302.75$1,593
Oct 2019061053.472.42$1,475
Sep 2019061955.052.66$1,645
Aug 2019059253.112.30$1,364
Jul 2019064656.272.46$1,589
Jun 2019057652.782.49$1,435
May 2019058758.482.74$1,609
Apr 2019061662.632.75$1,694
Mar 2019064056.803.06$1,960
Feb 2019060250.852.79$1,681
Jan 2019068746.033.23$2,218
Dec 2018071246.594.19$2,980
Nov 2018071052.934.24$3,008
Oct 2018069961.443.40$2,375
Sep 2018056159.543.11$1,744
Aug 2018070659.403.07$2,165
Jul 2018065865.142.93$1,929
Jun 2018070060.183.08$2,154
May 2018077665.382.90$2,251
Apr 2018073563.842.90$2,132
Mar 2018081361.222.79$2,266
Feb 2018076361.782.77$2,111
Jan 2018071362.874.01$2,859
Dec 2017077957.272.92$2,276
Nov 2017083755.423.12$2,610
Oct 2017039149.292.98$1,167
Sep 2017019647.523.09$605
Aug 2017028045.373.00$841
Jul 2017022643.873.09$698
Jun 2017025042.493.09$772
May 2017029945.373.26$976
Apr 2017029047.933.21$931
Mar 2017037946.772.98$1,131
Feb 2017037150.452.95$1,095
Jan 2017138749.413.42$1,372
Dec 2016126348.763.72$1,028
Nov 2016047742.492.64$1,261
Oct 2016028646.193.09$884
Sep 2016062141.553.10$1,925
Aug 2016037441.442.92$1,094
Jul 2016037841.622.92$1,105
Jun 2016036745.352.69$986
May 2016334142.521.99$807
Apr 2016030036.561.99$597
Mar 2016023933.011.79$429
Feb 2016014826.472.06$305
Jan 2016026527.352.36$627
Dec 2015729732.362.00$821
Nov 2015042038.792.17$910
Oct 2015046743.552.43$1,133
Sep 2015037442.992.76$1,032
Aug 2015037740.162.87$1,083
Jul 2015039748.152.95$1,169
Jun 2015942856.152.88$1,739
May 2015049655.212.96$1,466
Apr 2015050449.822.71$1,364
Mar 2015055642.892.93$1,632
Feb 2015750044.662.98$1,801
Jan 2015029443.433.10$912
Dec 2014052854.693.59$1,896
Nov 2014054570.464.25$2,317
Oct 2014060278.303.90$2,348
Sep 2014954286.164.05$2,968
Aug 2014061589.394.04$2,482
Jul 2014061096.564.18$2,550
Jun 2014058198.164.74$2,752
May 2014953394.734.73$3,372
Apr 2014056695.944.81$2,722
Mar 2014055895.895.06$2,822
Feb 2014047597.406.19$2,941
Jan 2014064790.404.86$3,145
Dec 201301,21891.824.35$5,304
Nov 2013055788.853.74$2,082
Oct 2013051697.423.78$1,950
Sep 20139490104.113.72$2,759
Aug 20130656104.253.52$2,311
Jul 20130601102.523.72$2,234
Jun 2013048394.403.93$1,900
May 2013068394.834.15$2,834
Apr 2013078093.964.28$3,340
Mar 2013081793.623.91$3,197
Feb 2013069391.233.42$2,370
Jan 2013062491.603.42$2,134
Dec 2012079286.773.42$2,709
Nov 2012071286.953.62$2,581
Oct 2012093089.383.40$3,162
Sep 2012093094.672.92$2,714
Aug 2012885592.662.91$3,228
Jul 201201,04185.133.02$3,145
Jun 2012793179.822.52$2,904
May 2012091991.612.49$2,287
Apr 20120946101.652.00$1,889
Mar 201201,044105.052.22$2,320
Feb 201201,657101.102.57$4,259
Jan 201201,82298.092.73$4,981
Dec 20110096.873.24$0
Nov 201104,60395.723.31$15,242
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0

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                   49 Mcf  × $  3.05 =       $149

────────────────────────────────────────────────────
Month total                                     $149

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/260781 is the state's own key, not one this site invented.