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 257869District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$16.3 M
Jan 2010 – May 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
185
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
CondensateDisposition1,518 bbl$117,644
GasProduction4,369,080 Mcf$16,201,538
Total$16,319,182

Every month this lease reported (185)

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

185 months

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 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 20201030.341.86$30
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 20195056.272.46$281
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 201803065.142.93$88
Jun 20180060.183.08$0
May 20180365.382.90$9
Apr 2018320,47263.842.90$59,577
Mar 2018026,62961.222.79$74,211
Feb 2018022,01361.782.77$60,891
Jan 2018031,55662.874.01$126,518
Dec 2017027,35457.272.92$79,915
Nov 20170055.423.12$0
Oct 2017012,51649.292.98$37,344
Sep 2017023,84247.523.09$73,607
Aug 2017025,12545.373.00$75,486
Jul 2017024,79643.873.09$76,552
Jun 2017023,97042.493.09$74,002
May 2017025,98945.373.26$84,813
Apr 2017025,95647.933.21$83,360
Mar 2017528,32746.772.98$84,753
Feb 2017018,10350.452.95$53,451
Jan 2017026,03149.413.42$88,995
Dec 2016026,92448.763.72$100,233
Nov 2016027,92942.492.64$73,854
Oct 2016016,19346.193.09$50,041
Sep 2016027,51441.553.10$85,311
Aug 2016028,80141.442.92$84,224
Jul 2016028,25041.622.92$82,613
Jun 2016528,72845.352.69$77,385
May 2016028,64642.521.99$57,035
Apr 2016027,94236.561.99$55,634
Mar 2016028,93333.011.79$51,906
Feb 2016027,91126.472.06$57,598
Jan 2016829,66727.352.36$70,362
Dec 2015031,93132.362.00$63,907
Nov 2015027,41938.792.17$59,426
Oct 2015031,11343.552.43$75,498
Sep 2015029,36042.992.76$80,987
Aug 2015036,44440.162.87$104,685
Jul 2015031,18848.152.95$91,851
Jun 20151731,57256.152.88$91,972
May 2015033,40255.212.96$98,718
Apr 2015036,04049.822.71$97,545
Mar 2015031,06042.892.93$91,152
Feb 2015031,36444.662.98$93,345
Jan 2015032,31043.433.10$100,181
Dec 2014030,20354.693.59$108,470
Nov 2014335,68170.464.25$151,921
Oct 2014019,47778.303.90$75,979
Sep 2014027,16186.164.05$109,878
Aug 20143236,48689.394.04$150,086
Jul 2014035,51796.564.18$148,447
Jun 2014026,50098.164.74$125,527
May 201410736,55594.734.73$182,916
Apr 2014035,77895.944.81$172,061
Mar 2014037,67495.895.06$190,510
Feb 2014035,04297.406.19$216,980
Jan 2014140,17290.404.86$195,355
Dec 2013043,90891.824.35$191,197
Nov 20134947,49488.853.74$181,900
Oct 2013043,97397.423.78$166,190
Sep 2013046,289104.113.72$172,090
Aug 2013026,213104.253.52$92,338
Jul 20131340,713102.523.72$152,693
Jun 20133042,92594.403.93$171,674
May 2013045,72494.834.15$189,713
Apr 20131545,52093.964.28$196,353
Mar 2013148,50193.623.91$189,872
Feb 2013053,19691.233.42$181,926
Jan 20134851,18591.603.42$179,445
Dec 2012047,27486.773.42$161,685
Nov 2012037,57086.953.62$136,190
Oct 2012154,56589.383.40$185,593
Sep 2012058,44794.672.92$170,572
Aug 2012066,79792.662.91$194,256
Jul 2012084,73485.133.02$255,964
Jun 2012052,66679.822.52$132,668
May 2012053,45691.612.49$133,016
Apr 2012054,228101.652.00$108,282
Mar 2012059,917105.052.22$133,140
Feb 2012062,984101.102.57$161,884
Jan 2012844,67998.092.73$122,941
Dec 2011038,16696.873.24$123,648
Nov 201177,50095.723.31$25,505
Oct 2011077,50084.983.65$282,762
Sep 2011278,77183.623.99$314,133
Aug 2011275,41483.404.15$313,084
Jul 2011049,03694.144.52$221,507
Jun 20111039,45292.904.64$183,982
May 2011556,22198.134.40$248,134
Apr 2011454,674105.964.33$237,342
Mar 2011396,45596.364.06$391,640
Feb 20119132,89985.644.18$556,286
Jan 2011736,59186.504.59$168,514
Dec 20101284,23785.734.35$367,270
Nov 20101984,70880.843.80$323,031
Oct 20109262,12678.103.51$225,179
Sep 20107753,69272.633.98$219,258
Aug 201051260,59873.684.42$305,529
Jul 201033546,12272.554.74$242,761
Jun 2010057,71170.364.91$283,384
May 20104876,57971.124.24$327,743
Apr 2010076,05581.694.12$313,551
Mar 2010085,39378.394.39$374,762
Feb 201022155,28273.585.44$846,719
Jan 20100101,34174.365.96$604,407

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 2020 — as filed, then multipliedworked
Condensate             1 bbl  × $ 30.34 =        $30
Gas                    0 Mcf  × $  1.86 =         $0

────────────────────────────────────────────────────
Month total                                      $30

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/257869 is the state's own key, not one this site invented.