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 257867District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$17.4 M
Oct 2009 – May 2026
Value, last 12 filed months
$319 k
at the published price for each month
Months reported
200
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
CondensateDisposition3,227 bbl$286,303
GasProduction4,580,864 Mcf$17,105,761
Total$17,392,064

Every month this lease reported (200)

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

200 months

May 202600106.413.05$0
Apr 202609,15798.932.87$26,278
Mar 2026010,41589.753.15$32,801
Feb 2026014,63863.503.75$54,897
Jan 20260059.138.00$0
Dec 202504,60856.664.41$20,337
Nov 202508,44558.593.93$33,159
Oct 202509,61459.383.30$31,773
Sep 202509,28562.743.08$28,569
Aug 202509,66863.933.01$29,147
Jul 2025010,31466.743.32$34,193
Jun 202508,79966.483.13$27,530
May 202509,63360.553.23$31,137
Apr 202509,42062.363.54$33,376
Mar 202509,77867.704.27$41,736
Feb 202505,56870.884.34$24,170
Jan 2025010,16274.324.28$43,480
Dec 2024011,29968.993.12$35,268
Nov 2024013,52069.052.20$29,723
Oct 2024011,93371.372.28$27,224
Sep 202408,73269.612.36$20,646
Aug 202409,14175.632.06$18,864
Jul 202409,28379.932.15$19,927
Jun 202409,04178.082.63$23,814
May 202408,20078.812.20$18,027
Apr 202409,65984.451.66$16,026
Mar 2024011,32980.301.55$17,505
Feb 202408,31976.091.78$14,838
Jan 2024010,06173.023.30$33,178
Dec 2023010,52171.262.61$27,467
Nov 2023010,34577.892.81$29,044
Oct 2023011,47285.443.09$35,417
Sep 2023010,37889.042.74$28,384
Aug 202309,94880.522.67$26,590
Jul 2023010,83674.852.64$28,627
Jun 202307,97068.962.26$18,000
May 2023010,98570.622.23$24,468
Apr 2023011,04678.122.24$24,718
Mar 2023011,98872.852.39$28,689
Feb 2023013,04275.112.47$32,157
Jan 2023010,80476.533.39$36,601
Dec 202207,97476.415.73$45,684
Nov 202207,58185.005.65$42,804
Oct 2022012,25987.185.86$71,884
Sep 2022012,53784.888.16$102,348
Aug 2022014,44894.529.13$131,869
Jul 2022018,085101.587.54$136,399
Jun 2022013,351115.097.98$106,504
May 202202,835109.378.43$23,908
Apr 202203,637104.226.84$24,868
Mar 2022016,161108.885.08$82,040
Feb 2022019,94791.054.86$96,919
Jan 2022021,83381.844.54$99,071
Dec 202101,52271.323.90$5,934
Nov 202101,58177.435.24$8,279
Oct 202101,90179.795.71$10,862
Sep 202102,31269.865.35$12,371
Aug 202107,20866.024.22$30,422
Jul 2021011,87870.783.98$47,299
Jun 2021011,83369.493.38$40,003
May 2021012,69463.483.02$38,306
Apr 2021019,79060.362.76$54,589
Mar 202102,29661.302.72$6,238
Feb 2021011,85657.805.55$65,777
Jan 2021022,50250.412.81$63,237
Dec 202007,58544.642.68$20,293
Nov 202004,50838.772.71$12,201
Oct 2020019,87136.972.48$49,249
Sep 2020018,16037.091.99$36,157
Aug 202002,86339.982.39$6,829
Jul 20200138.371.83$2
Jun 20200034.901.69$0
May 2020011,46816.921.81$20,812
Apr 2020012,50614.751.80$22,566
Mar 2020013,36230.341.86$24,803
Feb 2020012,00149.881.98$23,770
Jan 2020013,98557.252.09$29,295
Dec 2019011,78859.012.30$27,164
Nov 2019010,58055.302.75$29,102
Oct 2019012,36353.472.42$29,900
Sep 2019012,11855.052.66$32,201
Aug 2019012,93553.112.30$29,807
Jul 2019013,44156.272.46$33,066
Jun 2019012,97152.782.49$32,313
May 2019014,17458.482.74$38,841
Apr 2019014,34862.632.75$39,467
Mar 2019013,71956.803.06$42,009
Feb 2019013,57950.852.79$37,916
Jan 2019015,09446.033.23$48,726
Dec 2018015,44246.594.19$64,632
Nov 2018015,57352.934.24$65,987
Oct 2018014,68361.443.40$49,894
Sep 2018015,79859.543.11$49,100
Aug 2018015,64259.403.07$47,967
Jul 2018017,09765.142.93$50,126
Jun 2018013,91460.183.08$42,812
May 2018016,16565.382.90$46,891
Apr 2018016,96263.842.90$49,203
Mar 2018018,01061.222.79$50,191
Feb 2018016,00661.782.77$44,275
Jan 2018021,35662.874.01$85,623
Dec 2017021,80357.272.92$63,698
Nov 20170055.423.12$0
Oct 201708,69149.292.98$25,931
Sep 2017016,53247.523.09$51,039
Aug 2017017,53645.373.00$52,685
Jul 2017017,50543.873.09$54,043
Jun 2017019,25242.493.09$59,436
May 2017016,78745.373.26$54,783
Apr 2017017,42147.933.21$55,949
Mar 2017018,59846.772.98$55,490
Feb 2017018,67550.452.95$55,140
Jan 2017016,08649.413.42$54,995
Dec 2016016,31548.763.72$60,738
Nov 2016017,83242.492.64$47,154
Oct 2016016,23246.193.09$50,161
Sep 2016019,97141.553.10$61,923
Aug 2016021,28941.442.92$62,256
Jul 2016022,63741.622.92$66,198
Jun 2016020,91545.352.69$56,174
May 2016023,50842.521.99$46,805
Apr 2016025,46536.561.99$50,702
Mar 2016027,92833.011.79$50,103
Feb 2016022,43526.472.06$46,298
Jan 2016015,61127.352.36$36,910
Dec 2015011,18232.362.00$22,380
Nov 2015014,20238.792.17$30,780
Oct 2015021,78243.552.43$52,856
Sep 2015024,18642.992.76$66,715
Aug 2015033,65440.162.87$96,671
Jul 20150048.152.95$0
Jun 201502,26456.152.88$6,527
May 2015017,58755.212.96$51,978
Apr 2015019,00649.822.71$51,441
Mar 2015015,98642.892.93$46,914
Feb 201505,47744.662.98$16,301
Jan 2015018,82643.433.10$58,372
Dec 2014020,97454.693.59$75,325
Nov 2014112,92770.464.25$55,034
Oct 2014023,91878.303.90$93,303
Sep 2014023,73386.164.05$96,010
Aug 2014024,67489.394.04$99,563
Jul 2014025,97396.564.18$108,557
Jun 2014026,49798.164.74$125,513
May 2014027,65994.734.73$130,732
Apr 2014227,19995.944.81$130,995
Mar 2014015,42295.895.06$77,986
Feb 20141522,22497.406.19$139,072
Jan 20141814,68090.404.86$72,983
Dec 201328424,27291.824.35$131,769
Nov 20132,78523,44588.853.74$335,091
Oct 2013027,51297.423.78$103,978
Sep 2013027,797104.113.72$103,342
Aug 2013030,477104.253.52$107,359
Jul 20139128,566102.523.72$478,898
Jun 2013027,80494.403.93$109,365
May 2013028,32694.834.15$117,527
Apr 2013829,00393.964.28$124,960
Mar 2013032,13393.623.91$125,732
Feb 2013026,89991.233.42$91,992
Jan 2013022,09991.603.42$75,577
Dec 2012037,57186.773.42$128,499
Nov 2012051,53286.953.62$186,801
Oct 2012030,76689.383.40$104,595
Sep 2012034,60994.672.92$101,003
Aug 2012046,95492.662.91$136,550
Jul 2012044,49385.133.02$134,404
Jun 2012044,05879.822.52$110,984
May 2012037,78591.612.49$94,021
Apr 2012026,883101.652.00$53,680
Mar 2012041,446105.052.22$92,096
Feb 2012037,795101.102.57$97,142
Jan 2012034,93998.092.73$95,526
Dec 2011034,45896.873.24$111,635
Nov 2011012,11095.723.31$40,100
Oct 2011051,18484.983.65$186,747
Sep 2011051,69683.623.99$206,050
Aug 2011065,69883.404.15$272,602
Jul 2011051,94694.144.52$234,653
Jun 2011028,25992.904.64$131,118
May 2011032,37798.134.40$142,615
Apr 2011043,413105.964.33$188,121
Mar 2011067,09596.364.06$272,227
Feb 2011072,66685.644.18$303,742
Jan 2011039,06786.504.59$179,270
Dec 2010048,62385.734.35$211,401
Nov 2010031,70580.843.80$120,331
Oct 2010037,43478.103.51$131,352
Sep 2010033,63272.633.98$133,838
Aug 2010546,22873.684.42$204,667
Jul 2010058,59772.554.74$277,544
Jun 2010045,77070.364.91$224,749
May 20103456,82171.124.24$243,068
Apr 2010056,70781.694.12$233,785
Mar 20101266,71778.394.39$293,740
Feb 2010167,51273.585.44$367,498
Jan 20100110,17874.365.96$657,112
Dec 20090176,47471.445.48$967,739
Nov 200953214,86174.593.75$810,004
Oct 2009075,97172.544.11$312,260

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                9,157 Mcf  × $  2.87 =    $26,278

────────────────────────────────────────────────────
Month total                                  $26,278

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/257867 is the state's own key, not one this site invented.