GALVAN RANCH K14

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 261689District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$714 k
Oct 2010 – May 2026
Value, last 12 filed months
$353
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 Gas112012-11-19207699
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
CondensateDisposition338 bbl$28,144
GasProduction198,763 Mcf$686,198
Total$714,341

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 28.0353, -99.7176. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.03533, -99.71756 · 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

42-4794091446,400 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 2026011289.753.15$353
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 2021090269.865.35$4,827
Aug 2021094066.024.22$3,967
Jul 2021093770.783.98$3,731
Jun 2021090269.493.38$3,049
May 2021095263.483.02$2,873
Apr 202101,01360.362.76$2,794
Mar 202101,02161.302.72$2,774
Feb 2021079657.805.55$4,416
Jan 2021084450.412.81$2,372
Dec 202001,15344.642.68$3,085
Nov 2020099838.772.71$2,701
Oct 2020085936.972.48$2,129
Sep 2020092837.091.99$1,848
Aug 2020094539.982.39$2,254
Jul 2020088338.371.83$1,612
Jun 2020094134.901.69$1,591
May 202001,05616.921.81$1,916
Apr 2020085114.751.80$1,536
Mar 2020063130.341.86$1,171
Feb 2020059449.881.98$1,177
Jan 2020069957.252.09$1,464
Dec 2019061359.012.30$1,413
Nov 2019061955.302.75$1,703
Oct 2019065353.472.42$1,579
Sep 2019066355.052.66$1,762
Aug 2019063453.112.30$1,461
Jul 2019069256.272.46$1,702
Jun 2019061752.782.49$1,537
May 2019062958.482.74$1,724
Apr 2019065962.632.75$1,813
Mar 2019068656.803.06$2,101
Feb 2019064550.852.79$1,801
Jan 2019073646.033.23$2,376
Dec 2018076346.594.19$3,193
Nov 2018076052.934.24$3,220
Oct 2018074961.443.40$2,545
Sep 2018060159.543.11$1,868
Aug 2018075659.403.07$2,318
Jul 2018070565.142.93$2,067
Jun 2018074960.183.08$2,305
May 2018083165.382.90$2,411
Apr 2018078763.842.90$2,283
Mar 2018087161.222.79$2,427
Feb 2018081761.782.77$2,260
Jan 2018076462.874.01$3,063
Dec 2017083457.272.92$2,437
Nov 2017089655.423.12$2,794
Oct 2017041949.292.98$1,250
Sep 2017028147.523.09$868
Aug 2017037445.373.00$1,124
Jul 2017037443.873.09$1,155
Jun 2017043142.493.09$1,331
May 2017036645.373.26$1,194
Apr 2017040847.933.21$1,310
Mar 2017039846.772.98$1,188
Feb 2017036950.452.95$1,090
Jan 2017048149.413.42$1,644
Dec 2016043048.763.72$1,601
Nov 2016064042.492.64$1,692
Oct 2016057546.193.09$1,777
Sep 201601,44141.553.10$4,468
Aug 201601,20641.442.92$3,527
Jul 201601,42641.622.92$4,170
Jun 201601,08945.352.69$2,925
May 2016080542.521.99$1,603
Apr 2016059436.561.99$1,183
Mar 2016053833.011.79$965
Feb 2016019126.472.06$394
Jan 20160027.352.36$0
Dec 2015191,08532.362.00$2,786
Nov 201501,39838.792.17$3,030
Oct 201501,55643.552.43$3,776
Sep 2015099942.992.76$2,756
Aug 201501,00740.162.87$2,893
Jul 2015096348.152.95$2,836
Jun 20152193756.152.88$3,880
May 201501,13355.212.96$3,349
Apr 201501,15349.822.71$3,121
Mar 201501,15242.892.93$3,381
Feb 2015141,20844.662.98$4,220
Jan 2015083843.433.10$2,598
Dec 201401,16254.693.59$4,173
Nov 2014095470.464.25$4,056
Oct 201401,05578.303.90$4,116
Sep 2014191,23586.164.05$6,633
Aug 201401,32389.394.04$5,338
Jul 201401,31496.564.18$5,492
Jun 201401,25198.164.74$5,926
May 2014191,27494.734.73$7,822
Apr 201401,16695.944.81$5,607
Mar 201401,26095.895.06$6,372
Feb 201401,14597.406.19$7,090
Jan 201401,57390.404.86$7,646
Dec 201301,62991.824.35$7,093
Nov 201301,18888.853.74$4,441
Oct 201301,13097.423.78$4,271
Sep 2013191,104104.113.72$6,082
Aug 201301,205104.253.52$4,245
Jul 201302,350102.523.72$8,737
Jun 201301,19694.403.93$4,704
May 201301,47994.834.15$6,136
Apr 201301,64393.964.28$7,036
Mar 201301,78593.623.91$6,984
Feb 201301,58491.233.42$5,417
Jan 201302,14891.603.42$7,346
Dec 2012099586.773.42$3,403
Nov 201201,59686.953.62$5,785
Oct 201201,65689.383.40$5,630
Sep 201201,69194.672.92$4,935
Aug 2012221,90392.662.91$7,573
Jul 201202,58885.133.02$7,818
Jun 2012212,61979.822.52$8,274
May 201201,80691.612.49$4,494
Apr 201202,305101.652.00$4,603
Mar 201202,817105.052.22$6,260
Feb 201203,070101.102.57$7,891
Jan 201204,27798.092.73$11,694
Dec 201101,42696.873.24$4,620
Nov 2011263,61795.723.31$14,466
Oct 201104,82284.983.65$17,593
Sep 2011088083.623.99$3,508
Aug 2011215,34183.404.15$23,913
Jul 20110094.144.52$0
Jun 20112497492.904.64$6,749
May 2011233,84998.134.40$19,211
Apr 201103,105105.964.33$13,455
Mar 2011213,66096.364.06$16,873
Feb 201104,82185.644.18$20,152
Jan 2011225,36386.504.59$26,513
Dec 2010297,60985.734.35$35,568
Nov 20101810,34080.843.80$40,699
Oct 2010018,52978.103.51$65,016

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.

Mar 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.75 =         $0
Gas                  112 Mcf  × $  3.15 =       $353

────────────────────────────────────────────────────
Month total                                     $353

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/261689 is the state's own key, not one this site invented.