GALVAN RANCH P10

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 261676District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.0 M
Aug 2010 – May 2026
Value, last 12 filed months
$331
at the published price for each month
Months reported
190
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 Gas112012-11-19207701
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
CondensateDisposition296 bbl$17,542
GasProduction286,961 Mcf$1,002,691
Total$1,020,233

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 28.0457, -99.6560. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.04566, -99.65604 · 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
6,835 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 6,835 ft.

Completions filed
Aug 2010
1 of 1 wells

1 well

42-4794087536,835 ftAug 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 (190)

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

190 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 202102361.302.72$62
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 2020099430.341.86$1,845
Feb 2020093749.881.98$1,856
Jan 202001,10257.252.09$2,308
Dec 2019096659.012.30$2,226
Nov 2019097755.302.75$2,687
Oct 201901,02953.472.42$2,489
Sep 201901,04555.052.66$2,777
Aug 2019099953.112.30$2,302
Jul 201901,09156.272.46$2,684
Jun 2019097352.782.49$2,424
May 2019099158.482.74$2,716
Apr 201901,04062.632.75$2,861
Mar 201901,08156.803.06$3,310
Feb 201901,01750.852.79$2,840
Jan 201901,16046.033.23$3,745
Dec 201801,20346.594.19$5,035
Nov 201801,19852.934.24$5,076
Oct 201801,18061.443.40$4,010
Sep 2018094759.543.11$2,943
Aug 201801,19159.403.07$3,652
Jul 201801,11165.142.93$3,257
Jun 201801,18160.183.08$3,634
May 201801,31065.382.90$3,800
Apr 201801,24163.842.90$3,600
Mar 201801,37361.222.79$3,826
Feb 201801,28761.782.77$3,560
Jan 201801,20462.874.01$4,827
Dec 201701,31557.272.92$3,842
Nov 2017101,41355.423.12$4,960
Oct 2017101,43149.292.98$4,763
Sep 2017101,31247.523.09$4,526
Aug 2017101,36945.373.00$4,567
Jul 201701,29343.873.09$3,992
Jun 2017101,54142.493.09$5,182
May 2017101,33345.373.26$4,804
Apr 2017101,41847.933.21$5,033
Mar 201771,52146.772.98$4,866
Feb 2017101,19650.452.95$4,036
Jan 2017181,55949.413.42$6,219
Dec 201601,54248.763.72$5,741
Nov 201681,71542.492.64$4,875
Oct 2016171,18346.193.09$4,441
Sep 201681,17741.553.10$3,982
Aug 2016189641.442.92$2,662
Jul 201681,18341.622.92$3,792
Jun 2016190945.352.69$2,487
May 201601,14942.521.99$2,288
Apr 2016161,17836.561.99$2,930
Mar 201601,24733.011.79$2,237
Feb 201681,19026.472.06$2,667
Jan 201681,11827.352.36$2,862
Dec 201501,41632.362.00$2,834
Nov 201501,40438.792.17$3,043
Oct 201501,56143.552.43$3,788
Sep 201501,67742.992.76$4,626
Aug 201501,63140.162.87$4,685
Jul 201501,53948.152.95$4,532
Jun 201501,44756.152.88$4,172
May 201501,56055.212.96$4,611
Apr 201501,57649.822.71$4,266
Mar 201501,77842.892.93$5,218
Feb 201502,13644.662.98$6,357
Jan 201501,65143.433.10$5,119
Dec 201401,96354.693.59$7,050
Nov 201401,79970.464.25$7,649
Oct 201401,98778.303.90$7,751
Sep 201401,84686.164.05$7,468
Aug 201402,08989.394.04$8,429
Jul 201402,05996.564.18$8,606
Jun 201401,97898.164.74$9,370
May 201402,40694.734.73$11,372
Apr 201401,54895.944.81$7,445
Mar 201401,99295.895.06$10,073
Feb 201402,06697.406.19$12,793
Jan 201402,22390.404.86$10,805
Dec 201301,87891.824.35$8,178
Nov 201301,82688.853.74$6,826
Oct 201302,09397.423.78$7,910
Sep 201302,121104.113.72$7,885
Aug 201302,324104.253.52$8,187
Jul 201302,375102.523.72$8,830
Jun 201302,28594.403.93$8,988
May 201302,53494.834.15$10,514
Apr 201302,60293.964.28$11,143
Mar 201303,07393.623.91$12,024
Feb 201302,28191.233.42$7,801
Jan 201302,96591.603.42$10,140
Dec 201203,07186.773.42$10,503
Nov 201202,97386.953.62$10,777
Oct 201203,14489.383.40$10,689
Sep 201203,04394.672.92$8,881
Aug 201203,58192.662.91$10,414
Jul 201203,84985.133.02$11,627
Jun 201203,95079.822.52$9,950
May 201203,91291.612.49$9,734
Apr 201204,351101.652.00$8,688
Mar 201204,734105.052.22$10,519
Feb 201204,500101.102.57$11,566
Jan 201205,33398.092.73$14,581
Dec 201105,46796.873.24$17,712
Nov 201106,22595.723.31$20,613
Oct 201106,76884.983.65$24,693
Sep 201109,41583.623.99$37,526
Aug 2011067083.404.15$2,780
Jul 201105,93894.144.52$26,823
Jun 20110092.904.64$0
May 201105,52698.134.40$24,341
Apr 201102,347105.964.33$10,170
Mar 201106,39396.364.06$25,939
Feb 201147,16085.644.18$30,271
Jan 2011408,40186.504.59$42,010
Dec 2010269,23085.734.35$42,359
Nov 2010139,59680.843.80$37,471
Oct 20102110,96678.103.51$40,119
Sep 20101212,54672.633.98$50,798
Aug 20100073.684.42$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                    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/261676 is the state's own key, not one this site invented.