GALVAN RANCH L3

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 260900District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$893 k
Oct 2010 – May 2026
Value, last 12 filed months
$10 k
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 Gas112012-11-19207704
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
CondensateDisposition197 bbl$14,083
GasProduction250,925 Mcf$879,128
Total$893,212

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 28.0243, -99.7159. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02431, -99.71591 · 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
Oct 2010
1 of 1 wells

1 well

42-4794100646,400 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 20260309106.413.05$941
Apr 2026026598.932.87$760
Mar 2026034889.753.15$1,096
Feb 2026020863.503.75$780
Jan 2026022559.138.00$1,800
Dec 2025023756.664.41$1,046
Nov 2025016358.593.93$640
Oct 2025020959.383.30$691
Sep 20250062.743.08$0
Aug 2025024763.933.01$745
Jul 2025019366.743.32$640
Jun 2025019366.483.13$604
May 20250060.553.23$0
Apr 2025021462.363.54$758
Mar 2025023067.704.27$982
Feb 2025024570.884.34$1,064
Jan 2025018174.324.28$774
Dec 2024018268.993.12$568
Nov 2024028869.052.20$633
Oct 2024026871.372.28$611
Sep 2024024069.612.36$567
Aug 2024025575.632.06$526
Jul 2024023279.932.15$498
Jun 2024025778.082.63$677
May 2024022478.812.20$492
Apr 2024020784.451.66$343
Mar 2024027980.301.55$431
Feb 2024029276.091.78$521
Jan 2024028573.023.30$940
Dec 2023026071.262.61$679
Nov 2023027377.892.81$766
Oct 2023024985.443.09$769
Sep 2023028389.042.74$774
Aug 2023028380.522.67$756
Jul 2023031874.852.64$840
Jun 2023026568.962.26$599
May 2023032370.622.23$719
Apr 2023028578.122.24$638
Mar 2023032372.852.39$773
Feb 2023031475.112.47$774
Jan 2023041976.533.39$1,419
Dec 2022032976.415.73$1,885
Nov 2022035085.005.65$1,976
Oct 2022031487.185.86$1,841
Sep 2022034184.888.16$2,784
Aug 2022034294.529.13$3,121
Jul 20220348101.587.54$2,625
Jun 20220392115.097.98$3,127
May 20220373109.378.43$3,146
Apr 20220380104.226.84$2,598
Mar 20220470108.885.08$2,386
Feb 2022034391.054.86$1,667
Jan 2022043981.844.54$1,992
Dec 2021041271.323.90$1,606
Nov 2021040677.435.24$2,126
Oct 2021044579.795.71$2,543
Sep 2021079469.865.35$4,249
Aug 2021082866.024.22$3,495
Jul 2021082570.783.98$3,285
Jun 2021079469.493.38$2,684
May 2021083863.483.02$2,529
Apr 2021089360.362.76$2,463
Mar 2021089961.302.72$2,443
Feb 2021070157.805.55$3,889
Jan 2021089850.412.81$2,524
Dec 2020094344.642.68$2,523
Nov 2020079438.772.71$2,149
Oct 2020097336.972.48$2,412
Sep 2020094137.091.99$1,874
Aug 202001,00339.982.39$2,392
Jul 2020094938.371.83$1,732
Jun 2020089134.901.69$1,506
May 2020093116.921.81$1,690
Apr 2020086214.751.80$1,555
Mar 2020032430.341.86$601
Feb 2020030549.881.98$604
Jan 2020035957.252.09$752
Dec 2019031459.012.30$724
Nov 2019031855.302.75$875
Oct 2019033553.472.42$810
Sep 2019034055.052.66$903
Aug 2019032553.112.30$749
Jul 2019035556.272.46$873
Jun 2019031752.782.49$790
May 2019032358.482.74$885
Apr 2019033862.632.75$930
Mar 2019035256.803.06$1,078
Feb 2019033150.852.79$924
Jan 2019037846.033.23$1,220
Dec 2018039146.594.19$1,637
Nov 2018039052.934.24$1,653
Oct 2018038461.443.40$1,305
Sep 2018030859.543.11$957
Aug 2018038859.403.07$1,190
Jul 2018036265.142.93$1,061
Jun 2018038560.183.08$1,185
May 2018042665.382.90$1,236
Apr 2018040463.842.90$1,172
Mar 2018044761.222.79$1,246
Feb 2018041961.782.77$1,159
Jan 2018039262.874.01$1,572
Dec 2017042857.272.92$1,250
Nov 20171146055.423.12$2,044
Oct 2017249849.292.98$1,584
Sep 2017268547.523.09$2,210
Aug 2017279945.373.00$2,491
Jul 2017072643.873.09$2,241
Jun 2017281842.493.09$2,610
May 2017276445.373.26$2,584
Apr 2017268447.933.21$2,293
Mar 201701,03946.772.98$3,100
Feb 2017278250.452.95$2,410
Jan 201721,29449.413.42$4,523
Dec 201601,19348.763.72$4,441
Nov 201601,04142.492.64$2,753
Oct 2016111,10346.193.09$3,917
Sep 201601,48041.553.10$4,589
Aug 201621,64341.442.92$4,888
Jul 201601,50141.622.92$4,389
Jun 201611,37645.352.69$3,741
May 201681,33842.521.99$3,004
Apr 201601,20136.561.99$2,391
Mar 201601,29433.011.79$2,321
Feb 201641,44426.472.06$3,086
Jan 201601,11727.352.36$2,641
Dec 201581,38032.362.00$3,021
Nov 201501,50438.792.17$3,260
Oct 201501,64043.552.43$3,980
Sep 201581,50942.992.76$4,506
Aug 201501,47240.162.87$4,228
Jul 201501,42048.152.95$4,182
Jun 201501,40056.152.88$4,036
May 201581,35455.212.96$4,443
Apr 201501,37549.822.71$3,722
Mar 201501,59342.892.93$4,675
Feb 201581,74944.662.98$5,563
Jan 201501,26143.433.10$3,910
Dec 201401,81854.693.59$6,529
Nov 201401,65070.464.25$7,016
Oct 201481,82478.303.90$7,742
Sep 201481,90786.164.05$8,404
Aug 201402,12889.394.04$8,587
Jul 201402,11196.564.18$8,823
Jun 201402,01198.164.74$9,526
May 201402,04194.734.73$9,647
Apr 201482,11095.944.81$10,915
Mar 201472,15795.895.06$11,579
Feb 201401,97497.406.19$12,223
Jan 201402,62590.404.86$12,759
Dec 201302,17791.824.35$9,480
Nov 201301,88988.853.74$7,062
Oct 201302,83997.423.78$10,730
Sep 201303,121104.113.72$11,603
Aug 201301,700104.253.52$5,988
Jul 201301,702102.523.72$6,328
Jun 201301,53494.403.93$6,034
May 201301,96894.834.15$8,165
Apr 201302,09793.964.28$8,981
Mar 201302,12593.623.91$8,315
Feb 201302,10591.233.42$7,199
Jan 201302,25791.603.42$7,719
Dec 201202,64886.773.42$9,057
Nov 201202,42686.953.62$8,794
Oct 201202,58989.383.40$8,802
Sep 201202,58294.672.92$7,535
Aug 201202,91692.662.91$8,480
Jul 201203,48585.133.02$10,527
Jun 201203,37579.822.52$8,502
May 201283,56691.612.49$9,606
Apr 201203,990101.652.00$7,967
Mar 201204,455105.052.22$9,899
Feb 201204,405101.102.57$11,322
Jan 201295,38598.092.73$15,606
Dec 201105,93796.873.24$19,234
Nov 201186,11895.723.31$21,024
Oct 201175,21684.983.65$19,626
Sep 201105,23483.623.99$20,862
Aug 201106,89283.404.15$28,597
Jul 20110094.144.52$0
Jun 201193,08492.904.64$15,145
May 201110098.134.40$981
Apr 201104,231105.964.33$18,334
Mar 2011105,43396.364.06$23,007
Feb 201195,54685.644.18$23,953
Jan 2011116,50486.504.59$30,797
Dec 201007,77685.734.35$33,808
Nov 201009,92080.843.80$37,650
Oct 201003,75578.103.51$13,176

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                  309 Mcf  × $  3.05 =       $941

────────────────────────────────────────────────────
Month total                                     $941

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/260900 is the state's own key, not one this site invented.