GALVAN RANCH N9

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 260902District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$371 k
Oct 2010 – May 2026
Value, last 12 filed months
$3 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 Gas112012-11-19207702
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
CondensateDisposition77 bbl$5,994
GasProduction103,632 Mcf$364,869
Total$370,863

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 28.0297, -99.6643. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02967, -99.66434 · 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
6,650 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 6,650 ft.

Completions filed
Oct 2010
1 of 1 wells

1 well

42-4794084546,650 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 2026036106.413.05$110
Apr 202605298.932.87$149
Mar 202605089.753.15$157
Feb 202604763.503.75$176
Jan 202604959.138.00$392
Dec 202505456.664.41$238
Nov 202506158.593.93$240
Oct 202507559.383.30$248
Sep 2025016762.743.08$514
Aug 202508263.933.01$247
Jul 202507766.743.32$255
Jun 202507766.483.13$241
May 2025013560.553.23$436
Apr 202509062.363.54$319
Mar 202509667.704.27$410
Feb 2025011270.884.34$486
Jan 202509674.324.28$411
Dec 2024010668.993.12$331
Nov 202407769.052.20$169
Oct 2024010771.372.28$244
Sep 2024010069.612.36$236
Aug 2024010375.632.06$213
Jul 2024010579.932.15$225
Jun 2024010178.082.63$266
May 202409478.812.20$207
Apr 2024010084.451.66$166
Mar 2024010680.301.55$164
Feb 2024011876.091.78$210
Jan 2024010073.023.30$330
Dec 2023010471.262.61$272
Nov 2023010177.892.81$284
Oct 202308885.443.09$272
Sep 202309489.042.74$257
Aug 202309480.522.67$251
Jul 202309274.852.64$243
Jun 202309068.962.26$203
May 2023010970.622.23$243
Apr 202309978.122.24$222
Mar 2023010972.852.39$261
Feb 202309375.112.47$229
Jan 202308876.533.39$298
Dec 2022012776.415.73$728
Nov 2022012685.005.65$711
Oct 2022010787.185.86$627
Sep 2022010784.888.16$874
Aug 202209094.529.13$821
Jul 20220119101.587.54$898
Jun 20220125115.097.98$997
May 20220139109.378.43$1,172
Apr 20220139104.226.84$950
Mar 20220144108.885.08$731
Feb 2022012491.054.86$603
Jan 2022015281.844.54$690
Dec 2021016371.323.90$636
Nov 2021016877.435.24$880
Oct 2021016279.795.71$926
Sep 202104269.865.35$225
Aug 202104866.024.22$203
Jul 202105270.783.98$207
Jun 202104569.493.38$152
May 202105063.483.02$151
Apr 202104660.362.76$127
Mar 202104761.302.72$128
Feb 202103657.805.55$200
Jan 202104950.412.81$138
Dec 202004744.642.68$126
Nov 202004238.772.71$114
Oct 202005236.972.48$129
Sep 202004937.091.99$98
Aug 202005239.982.39$124
Jul 202005238.371.83$95
Jun 202005034.901.69$85
May 202005116.921.81$93
Apr 202005514.751.80$99
Mar 202007830.341.86$145
Feb 202007449.881.98$147
Jan 202008757.252.09$182
Dec 201907659.012.30$175
Nov 201907655.302.75$209
Oct 201908053.472.42$193
Sep 201908255.052.66$218
Aug 201907853.112.30$180
Jul 201908656.272.46$212
Jun 201907652.782.49$189
May 201907858.482.74$214
Apr 201908262.632.75$226
Mar 201908556.803.06$260
Feb 201908050.852.79$223
Jan 201909146.033.23$294
Dec 201809446.594.19$393
Nov 201809452.934.24$398
Oct 201809361.443.40$316
Sep 201807459.543.11$230
Aug 201809459.403.07$288
Jul 201808765.142.93$255
Jun 201809360.183.08$286
May 2018010365.382.90$299
Apr 201809763.842.90$281
Mar 2018010861.222.79$301
Feb 2018010161.782.77$279
Jan 201809462.874.01$377
Dec 2017110357.272.92$358
Nov 2017011155.423.12$346
Oct 2017112049.292.98$407
Sep 2017115347.523.09$520
Aug 201717945.373.00$283
Jul 201703943.873.09$120
Jun 201716942.493.09$256
May 201715045.373.26$209
Apr 201716747.933.21$263
Mar 2017025746.772.98$767
Feb 201717050.452.95$257
Jan 2017313149.413.42$596
Dec 2016023948.763.72$890
Nov 2016025942.492.64$685
Oct 2016017446.193.09$538
Sep 2016011341.553.10$350
Aug 2016020141.442.92$588
Jul 2016228341.622.92$911
Jun 2016024845.352.69$666
May 2016022442.521.99$446
Apr 2016228236.561.99$635
Mar 2016035833.011.79$642
Feb 2016234726.472.06$769
Jan 2016036827.352.36$870
Dec 2015219732.362.00$459
Nov 2015031338.792.17$678
Oct 2015234743.552.43$929
Sep 2015032442.992.76$894
Aug 2015131540.162.87$945
Jul 2015031048.152.95$913
Jun 2015030756.152.88$885
May 201501155.212.96$33
Apr 201501249.822.71$32
Mar 2015119342.892.93$609
Feb 2015011144.662.98$330
Jan 201501843.433.10$56
Dec 201402254.693.59$79
Nov 201402270.464.25$94
Oct 201402578.303.90$98
Sep 2014112486.164.05$588
Aug 2014026589.394.04$1,069
Jul 2014026196.564.18$1,091
Jun 2014125198.164.74$1,287
May 2014041994.734.73$1,980
Apr 2014345895.944.81$2,490
Mar 2014074895.895.06$3,782
Feb 2014599997.406.19$6,673
Jan 2014057790.404.86$2,805
Dec 2013046291.824.35$2,012
Nov 2013070988.853.74$2,650
Oct 2013099597.423.78$3,760
Sep 201301,269104.113.72$4,718
Aug 201301,324104.253.52$4,664
Jul 201301,340102.523.72$4,982
Jun 2013090794.403.93$3,568
May 201301,38694.834.15$5,751
Apr 201301,53193.964.28$6,557
Mar 201301,51193.623.91$5,912
Feb 201301,28791.233.42$4,401
Jan 201301,24891.603.42$4,268
Dec 201201,68686.773.42$5,766
Nov 201202,00986.953.62$7,283
Oct 201202,00789.383.40$6,823
Sep 201201,80394.672.92$5,262
Aug 201202,40892.662.91$7,003
Jul 201202,54585.133.02$7,688
Jun 201202,71779.822.52$6,844
May 201262,48091.612.49$6,721
Apr 201203,048101.652.00$6,086
Mar 201203,027105.052.22$6,726
Feb 201202,405101.102.57$6,181
Jan 201201,96798.092.73$5,378
Dec 201103,53996.873.24$11,465
Nov 2011144,68795.723.31$16,860
Oct 201104,13484.983.65$15,083
Sep 201104,22783.623.99$16,848
Aug 20110083.404.15$0
Jul 201102,34794.144.52$10,602
Jun 20110092.904.64$0
May 201133,10898.134.40$13,985
Apr 201100105.964.33$0
Mar 201172,11396.364.06$9,248
Feb 201101,51185.644.18$6,316
Jan 201172,74086.504.59$13,179
Dec 201064,80385.734.35$21,397
Nov 201005,80280.843.80$22,021
Oct 201012,64478.103.51$9,356

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                   36 Mcf  × $  3.05 =       $110

────────────────────────────────────────────────────
Month total                                     $110

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/260902 is the state's own key, not one this site invented.