GALVAN RANCH P9

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 263827District 04Field 522110602 tax incentive programmesCondensateGasSaveExport
Value, all time
$423 k
Jul 2010 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
191
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 Gas112012-11-19207698
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
CondensateDisposition195 bbl$13,530
GasProduction118,849 Mcf$409,889
Total$423,418

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 28.0500, -99.6435. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.05004, -99.64353 · 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
6,850 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 6,850 ft.

Completions filed
Jul 2010
1 of 1 wells

1 well

42-4794087746,850 ftJul 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 (191)

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

191 months

May 2026064106.413.05$195
Apr 202609098.932.87$258
Mar 2026010489.753.15$328
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 202503762.743.08$114
Aug 2025014363.933.01$431
Jul 2025013566.743.32$448
Jun 2025013566.483.13$422
May 202504360.553.23$139
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 2021019169.865.35$1,022
Aug 2021021866.024.22$920
Jul 2021023270.783.98$924
Jun 2021020269.493.38$683
May 2021022563.483.02$679
Apr 2021020860.362.76$574
Mar 2021021061.302.72$571
Feb 2021016157.805.55$893
Jan 2021022550.412.81$632
Dec 2020019344.642.68$516
Nov 2020020338.772.71$549
Oct 2020017136.972.48$424
Sep 2020023237.091.99$462
Aug 2020024639.982.39$587
Jul 2020026738.371.83$487
Jun 2020027134.901.69$458
May 2020024616.921.81$446
Apr 2020027414.751.80$494
Mar 2020058930.341.86$1,093
Feb 2020055549.881.98$1,099
Jan 2020065357.252.09$1,368
Dec 2019057259.012.30$1,318
Nov 2019057855.302.75$1,590
Oct 2019061053.472.42$1,475
Sep 2019061955.052.66$1,645
Aug 2019059253.112.30$1,364
Jul 2019064656.272.46$1,589
Jun 2019057652.782.49$1,435
May 2019058758.482.74$1,609
Apr 2019061662.632.75$1,694
Mar 2019064056.803.06$1,960
Feb 2019060250.852.79$1,681
Jan 2019068746.033.23$2,218
Dec 2018071246.594.19$2,980
Nov 2018071052.934.24$3,008
Oct 2018069961.443.40$2,375
Sep 2018056159.543.11$1,744
Aug 2018070659.403.07$2,165
Jul 2018065865.142.93$1,929
Jun 2018070060.183.08$2,154
May 2018077665.382.90$2,251
Apr 2018073563.842.90$2,132
Mar 2018081361.222.79$2,266
Feb 2018076361.782.77$2,111
Jan 2018071362.874.01$2,859
Dec 2017077957.272.92$2,276
Nov 2017483755.423.12$2,832
Oct 2017484749.292.98$2,724
Sep 2017558747.523.09$2,050
Aug 2017468845.373.00$2,249
Jul 2017098043.873.09$3,026
Jun 2017476342.493.09$2,526
May 2017569445.373.26$2,492
Apr 2017561347.933.21$2,208
Mar 201731,00146.772.98$3,127
Feb 2017586450.452.95$2,803
Jan 2017892649.413.42$3,561
Dec 2016079448.763.72$2,956
Nov 2016480142.492.64$2,288
Oct 2016867246.193.09$2,446
Sep 2016477141.553.10$2,557
Aug 2016160041.442.92$1,796
Jul 2016446441.622.92$1,523
Jun 2016053045.352.69$1,423
May 2016060442.521.99$1,203
Apr 2016756536.561.99$1,381
Mar 2016053733.011.79$963
Feb 2016353626.472.06$1,186
Jan 2016344527.352.36$1,134
Dec 2015053232.362.00$1,065
Nov 2015058638.792.17$1,270
Oct 2015065243.552.43$1,582
Sep 2015077542.992.76$2,138
Aug 2015075440.162.87$2,166
Jul 2015064248.152.95$1,891
Jun 2015052456.152.88$1,511
May 2015455755.212.96$1,867
Apr 2015056349.822.71$1,524
Mar 2015062842.892.93$1,843
Feb 2015064444.662.98$1,917
Jan 2015043643.433.10$1,352
Dec 2014069454.693.59$2,492
Nov 2014074170.464.25$3,151
Oct 2014081978.303.90$3,195
Sep 2014078686.164.05$3,180
Aug 2014087389.394.04$3,523
Jul 2014086096.564.18$3,594
Jun 2014082798.164.74$3,917
May 2014484094.734.73$4,349
Apr 2014082995.944.81$3,987
Mar 2014372395.895.06$3,944
Feb 2014067397.406.19$4,167
Jan 2014277590.404.86$3,948
Dec 2013060291.824.35$2,621
Nov 2013065388.853.74$2,441
Oct 2013076097.423.78$2,872
Sep 20134818104.113.72$3,458
Aug 20130904104.253.52$3,184
Jul 20130936102.523.72$3,480
Jun 2013089894.403.93$3,532
May 201301,01994.834.15$4,228
Apr 201301,05093.964.28$4,497
Mar 201301,07893.623.91$4,218
Feb 2013070891.233.42$2,421
Jan 2013098091.603.42$3,352
Dec 2012093686.773.42$3,201
Nov 2012097286.953.62$3,523
Oct 201201,00589.383.40$3,417
Sep 201201,04894.672.92$3,058
Aug 201201,20592.662.91$3,504
Jul 201231,28485.133.02$4,134
Jun 201201,30379.822.52$3,282
May 201241,30491.612.49$3,611
Apr 201201,361101.652.00$2,718
Mar 201231,344105.052.22$3,302
Feb 201271,331101.102.57$4,129
Jan 201231,52498.092.73$4,461
Dec 201161,53696.873.24$5,557
Nov 201131,71995.723.31$5,979
Oct 201161,74184.983.65$6,862
Sep 201172,18483.623.99$9,290
Aug 2011323883.404.15$1,238
Jul 2011086794.144.52$3,916
Jun 20110092.904.64$0
May 201101,35298.134.40$5,955
Apr 20110345105.964.33$1,495
Mar 201171,80596.364.06$7,998
Feb 201131,81685.644.18$7,848
Jan 2011102,08086.504.59$10,410
Dec 201062,19485.734.35$10,053
Nov 201072,19980.843.80$8,912
Oct 201072,46078.103.51$9,179
Sep 201082,61072.633.98$10,967
Aug 201043,15573.684.42$14,238
Jul 2010065972.554.74$3,121

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/263827 is the state's own key, not one this site invented.