GALVAN RANCH

Operated by SM ENERGY COMPANY (P-5 788997) in the BRISCOE RANCH (EAGLEFORD) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 257818District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$10.6 M
Jan 2010 – Apr 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
184
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 5,584 leases and 8,017 wells, and the rule below applies to all of them.

Discovered
2007-11-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-04-09.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: MAY ELECT TO CLASSIFY AS PERMANENT GAS WELL

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
CondensateDisposition231 bbl$17,737
GasProduction2,710,919 Mcf$10,616,295
Total$10,634,033

Every month this lease reported (184)

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

184 months

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 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 2015015,39555.212.96$45,499
Apr 201503,06849.822.71$8,304
Mar 2015015,57042.892.93$45,693
Feb 2015016,02344.662.98$47,687
Jan 2015018,22843.433.10$56,518
Dec 2014017,27454.693.59$62,037
Nov 2014119,13970.464.25$81,446
Oct 2014018,94978.303.90$73,919
Sep 2014023,60686.164.05$95,497
Aug 2014026,80989.394.04$108,178
Jul 2014026,15896.564.18$109,330
Jun 2014014,75998.164.74$69,912
May 2014019,10494.734.73$90,296
Apr 2014015,60895.944.81$75,061
Mar 2014019,04095.895.06$96,281
Feb 2014017,41597.406.19$107,834
Jan 2014020,87390.404.86$101,458
Dec 2013012,35491.824.35$53,795
Nov 2013020,34888.853.74$76,067
Oct 2013024,36397.423.78$92,077
Sep 2013023,663104.113.72$87,973
Aug 2013028,591104.253.52$100,715
Jul 201310102,193102.523.72$380,952
Jun 2013026,91494.403.93$105,864
May 2013028,93294.834.15$120,041
Apr 2013927,68193.964.28$119,392
Mar 2013034,22493.623.91$133,914
Feb 2013015,27491.233.42$52,236
Jan 2013021,23091.603.42$72,605
Dec 2012039,05186.773.42$133,561
Nov 2012056,69286.953.62$205,506
Oct 2012034,25089.383.40$116,439
Sep 2012039,67994.672.92$115,799
Aug 2012056,88192.662.91$165,419
Jul 2012052,43385.133.02$158,390
Jun 2012044,67479.822.52$112,536
May 2012036,64091.612.49$91,172
Apr 2012022,106101.652.00$44,141
Mar 2012034,143105.052.22$75,868
Feb 2012039,925101.102.57$102,617
Jan 2012049,90598.092.73$136,444
Dec 2011054,70796.873.24$177,236
Nov 2011061,56095.723.31$203,842
Oct 2011056,97084.983.65$207,857
Sep 2011037,69883.623.99$150,257
Aug 2011035,33383.404.15$146,608
Jul 2011045,90694.144.52$207,368
Jun 2011043,44792.904.64$201,589
May 2011141,94098.134.40$184,836
Apr 2011557,234105.964.33$248,541
Mar 2011168,61496.364.06$278,487
Feb 20111371,13385.644.18$298,448
Jan 2011096,49286.504.59$442,781
Dec 2010092,65585.734.35$402,841
Nov 20100120,05980.843.80$455,664
Oct 2010072,69478.103.51$255,075
Sep 2010049,46072.633.98$196,825
Aug 20103067,02273.684.42$298,405
Jul 2010080,13472.554.74$379,554
Jun 2010089,44670.364.91$439,216
May 20104077,09871.124.24$329,372
Apr 2010066,69781.694.12$274,971
Mar 2010073,17578.394.39$321,141
Feb 201012167,74873.585.44$377,612
Jan 201004,53374.365.96$27,035

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 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 55.21 =         $0
Gas               15,395 Mcf  × $  2.96 =    $45,499

────────────────────────────────────────────────────
Month total                                  $45,499

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. 01/G/257818 is the state's own key, not one this site invented.