GALVAN RANCH N10

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 261688District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$740 k
Oct 2010 – May 2026
Value, last 12 filed months
$5 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 Gas112012-11-19207700
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
CondensateDisposition181 bbl$13,583
GasProduction205,497 Mcf$726,593
Total$740,176

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 28.0219, -99.6833. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.02192, -99.68327 · 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
6,550 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 6,550 ft.

Completions filed
Nov 2010
1 of 1 wells

1 well

42-4794091036,550 ftNov 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 2026064106.413.05$195
Apr 202609098.932.87$258
Mar 2026011289.753.15$353
Feb 202608263.503.75$308
Jan 202608659.138.00$688
Dec 202509456.664.41$415
Nov 2025010858.593.93$424
Oct 2025013159.383.30$433
Sep 2025017862.743.08$548
Aug 2025014363.933.01$431
Jul 2025013566.743.32$448
Jun 2025013566.483.13$422
May 2025014460.553.23$465
Apr 2025015862.363.54$560
Mar 2025016867.704.27$717
Feb 2025019570.884.34$846
Jan 2025016974.324.28$723
Dec 2024018668.993.12$581
Nov 2024013469.052.20$295
Oct 2024018771.372.28$427
Sep 2024017569.612.36$414
Aug 2024018175.632.06$374
Jul 2024018479.932.15$395
Jun 2024017778.082.63$466
May 2024016478.812.20$361
Apr 2024017684.451.66$292
Mar 2024018580.301.55$286
Feb 2024020776.091.78$369
Jan 2024017473.023.30$574
Dec 2023018371.262.61$478
Nov 2023017877.892.81$500
Oct 2023015485.443.09$475
Sep 2023016489.042.74$449
Aug 2023016480.522.67$438
Jul 2023016174.852.64$425
Jun 2023015768.962.26$355
May 2023019170.622.23$425
Apr 2023017478.122.24$389
Mar 2023019172.852.39$457
Feb 2023016275.112.47$399
Jan 2023015576.533.39$525
Dec 2022022376.415.73$1,278
Nov 2022022085.005.65$1,242
Oct 2022018787.185.86$1,097
Sep 2022018784.888.16$1,527
Aug 2022015894.529.13$1,442
Jul 20220208101.587.54$1,569
Jun 20220218115.097.98$1,739
May 20220243109.378.43$2,049
Apr 20220243104.226.84$1,662
Mar 20220253108.885.08$1,284
Feb 2022021791.054.86$1,054
Jan 2022026581.844.54$1,202
Dec 2021028571.323.90$1,111
Nov 2021029577.435.24$1,545
Oct 2021028479.795.71$1,623
Sep 2021025469.865.35$1,359
Aug 2021029166.024.22$1,228
Jul 2021030970.783.98$1,230
Jun 2021026969.493.38$909
May 2021030063.483.02$905
Apr 2021027760.362.76$764
Mar 2021027961.302.72$758
Feb 2021021557.805.55$1,193
Jan 2021029250.412.81$821
Dec 2020028244.642.68$754
Nov 2020025038.772.71$677
Oct 2020031036.972.48$768
Sep 2020029737.091.99$591
Aug 2020031139.982.39$742
Jul 2020031438.371.83$573
Jun 2020029934.901.69$505
May 2020030716.921.81$557
Apr 2020033014.751.80$595
Mar 2020032630.341.86$605
Feb 2020030749.881.98$608
Jan 2020036257.252.09$758
Dec 2019031759.012.30$730
Nov 2019032055.302.75$880
Oct 2019033753.472.42$815
Sep 2019034355.052.66$911
Aug 2019032853.112.30$756
Jul 2019035856.272.46$881
Jun 2019031952.782.49$795
May 2019032558.482.74$891
Apr 2019034162.632.75$938
Mar 2019035556.803.06$1,087
Feb 2019033450.852.79$933
Jan 2019038146.033.23$1,230
Dec 2018039546.594.19$1,653
Nov 2018039352.934.24$1,665
Oct 2018338761.443.40$1,499
Sep 2018031159.543.11$967
Aug 2018039159.403.07$1,199
Jul 2018036465.142.93$1,067
Jun 2018038860.183.08$1,194
May 2018043065.382.90$1,247
Apr 2018040763.842.90$1,181
Mar 2018045061.222.79$1,254
Feb 2018042261.782.77$1,167
Jan 2018039562.874.01$1,584
Dec 2017043157.272.92$1,259
Nov 2017046455.423.12$1,447
Oct 2017250249.292.98$1,596
Sep 2017250047.523.09$1,639
Aug 2017258745.373.00$1,854
Jul 2017068943.873.09$2,127
Jun 2017265442.493.09$2,104
May 2017254345.373.26$1,863
Apr 2017265747.933.21$2,206
Mar 2017071646.772.98$2,136
Feb 2017269250.452.95$2,144
Jan 2017751449.413.42$2,103
Dec 2016052448.763.72$1,951
Nov 2016058842.492.64$1,555
Oct 2016165546.193.09$2,070
Sep 2016056041.553.10$1,736
Aug 2016160041.442.92$1,796
Jul 2016569941.622.92$2,252
Jun 2016058345.352.69$1,566
May 2016060842.521.99$1,211
Apr 2016569536.561.99$1,567
Mar 2016089333.011.79$1,602
Feb 2016586526.472.06$1,917
Jan 2016092127.352.36$2,178
Dec 2015587632.362.00$1,915
Nov 2015082038.792.17$1,777
Oct 2015491243.552.43$2,387
Sep 2015039742.992.76$1,095
Aug 2015238640.162.87$1,189
Jul 2015031248.152.95$919
Jun 2015023556.152.88$677
May 2015576655.212.96$2,540
Apr 2015077349.822.71$2,092
Mar 201541,09242.892.93$3,376
Feb 201501,09144.662.98$3,247
Jan 20153043.433.10$130
Dec 2014089354.693.59$3,207
Nov 2014589770.464.25$4,166
Oct 2014099178.303.90$3,866
Sep 201431,18686.164.05$5,056
Aug 2014066289.394.04$2,671
Jul 2014065496.564.18$2,733
Jun 2014462798.164.74$3,363
May 201401,17594.734.73$5,554
Apr 201451,12695.944.81$5,895
Mar 201401,11695.895.06$5,643
Feb 201491,90197.406.19$12,648
Jan 201401,96790.404.86$9,561
Dec 2013074491.824.35$3,240
Nov 201301,44888.853.74$5,413
Oct 201302,30797.423.78$8,719
Sep 201302,132104.113.72$7,926
Aug 201302,238104.253.52$7,884
Jul 201302,025102.523.72$7,528
Jun 201301,79394.403.93$7,053
May 2013072194.834.15$2,991
Apr 201302,13693.964.28$9,148
Mar 201302,38693.623.91$9,336
Feb 201302,66491.233.42$9,111
Jan 201301,04091.603.42$3,557
Dec 20120086.773.42$0
Nov 2012072086.953.62$2,610
Oct 201203,05489.383.40$10,383
Sep 201202,79894.672.92$8,166
Aug 201203,53892.662.91$10,289
Jul 201203,78085.133.02$11,419
Jun 201203,96579.822.52$9,988
May 201284,05491.612.49$10,821
Apr 201204,500101.652.00$8,986
Mar 201204,878105.052.22$10,839
Feb 201204,851101.102.57$12,468
Jan 201204,47398.092.73$12,230
Dec 201105,49796.873.24$17,809
Nov 2011235,76095.723.31$21,275
Oct 201106,54484.983.65$23,876
Sep 201108,02783.623.99$31,994
Aug 20110083.404.15$0
Jul 201101,37394.144.52$6,202
Jun 201101,78092.904.64$8,259
May 201187,29398.134.40$32,909
Apr 201100105.964.33$0
Mar 2011245,94796.364.06$26,442
Feb 201106,57485.644.18$27,479
Jan 2011158,03086.504.59$38,145
Dec 2010119,92785.734.35$44,103
Nov 2010112,36980.843.80$47,025
Oct 201013,32278.103.51$11,735

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                   64 Mcf  × $  3.05 =       $195

────────────────────────────────────────────────────
Month total                                     $195

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/261688 is the state's own key, not one this site invented.