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 257946District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$13.0 M
Aug 2009 – May 2026
Value, last 12 filed months
$242 k
at the published price for each month
Months reported
202
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
CondensateDisposition286 bbl$23,405
GasProduction3,525,234 Mcf$12,964,293
Total$12,987,699

Every month this lease reported (202)

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

202 months

May 202600106.413.05$0
Apr 202606,56298.932.87$18,831
Mar 202607,67489.753.15$24,169
Feb 2026010,88863.503.75$40,833
Jan 20260059.138.00$0
Dec 202502,54656.664.41$11,236
Nov 202506,57858.593.93$25,828
Oct 202506,09159.383.30$20,130
Sep 202506,03562.743.08$18,569
Aug 202507,65963.933.01$23,090
Jul 2025010,76366.743.32$35,682
Jun 202507,47766.483.13$23,393
May 202503,98160.553.23$12,868
Apr 202507,25662.363.54$25,709
Mar 2025011,51467.704.27$49,145
Feb 202508,50870.884.34$36,932
Jan 202508,39674.324.28$35,924
Dec 202407,73568.993.12$24,144
Nov 202403,91769.052.20$8,611
Oct 202405,80171.372.28$13,234
Sep 202409,04569.612.36$21,386
Aug 2024012,71275.632.06$26,233
Jul 2024015,03179.932.15$32,265
Jun 202405,11678.082.63$13,475
May 202403,17178.812.20$6,971
Apr 202404,17284.451.66$6,922
Mar 2024011,51280.301.55$17,788
Feb 202404,12576.091.78$7,358
Jan 202405,20473.023.30$17,161
Dec 202302,91471.262.61$7,608
Nov 202304,20277.892.81$11,797
Oct 202309,35285.443.09$28,872
Sep 202306,28389.042.74$17,184
Aug 202309,65180.522.67$25,796
Jul 202306,12474.852.64$16,178
Jun 202307,27068.962.26$16,419
May 2023010,05170.622.23$22,388
Apr 202309,21078.122.24$20,610
Mar 202309,94972.852.39$23,810
Feb 2023013,81975.112.47$34,073
Jan 202304,53576.533.39$15,363
Dec 202205,87376.415.73$33,647
Nov 202205,27785.005.65$29,795
Oct 202205,57487.185.86$32,685
Sep 202204,51384.888.16$36,843
Aug 202205,13594.529.13$46,868
Jul 202207,726101.587.54$58,270
Jun 202206,944115.097.98$55,394
May 202207,689109.378.43$64,842
Apr 2022010,783104.226.84$73,730
Mar 202205,011108.885.08$25,438
Feb 202208,34591.054.86$40,547
Jan 202208,50881.844.54$38,607
Dec 202109,86871.323.90$38,477
Nov 202108,98277.435.24$47,037
Oct 2021010,53979.795.71$60,218
Sep 202107,87069.865.35$42,112
Aug 202109,82866.024.22$41,480
Jul 2021010,71370.783.98$42,660
Jun 2021011,64469.493.38$39,364
May 202109,20863.483.02$27,787
Apr 202104,39660.362.76$12,126
Mar 2021011,76661.302.72$31,968
Feb 2021012,47957.805.55$69,233
Jan 2021014,66550.412.81$41,213
Dec 2020010,37544.642.68$27,758
Nov 2020010,42738.772.71$28,221
Oct 202009,41036.972.48$23,322
Sep 2020010,20037.091.99$20,309
Aug 202001,65339.982.39$3,943
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 202007,90316.921.81$14,342
Apr 202008,46314.751.80$15,270
Mar 2020010,48730.341.86$19,466
Feb 2020010,69349.881.98$21,179
Jan 2020010,75457.252.09$22,527
Dec 201909,77159.012.30$22,516
Nov 2019010,03255.302.75$27,595
Oct 2019010,64753.472.42$25,750
Sep 2019010,52955.052.66$27,979
Aug 2019010,84153.112.30$24,982
Jul 2019011,78056.272.46$28,980
Jun 2019011,51652.782.49$28,689
May 2019012,36158.482.74$33,873
Apr 2019013,24462.632.75$36,430
Mar 2019014,33056.803.06$43,880
Feb 201908,04650.852.79$22,466
Jan 2019010,71446.033.23$34,587
Dec 2018012,05846.594.19$50,468
Nov 2018012,75752.934.24$54,054
Oct 2018014,20661.443.40$48,273
Sep 2018018,89059.543.11$58,710
Aug 2018014,59759.403.07$44,763
Jul 2018012,33065.142.93$36,150
Jun 2018012,55160.183.08$38,618
May 201809,68065.382.90$28,080
Apr 201808,72063.842.90$25,295
Mar 2018012,49661.222.79$34,824
Feb 201809,00961.782.77$24,920
Jan 201808,71462.874.01$34,937
Dec 2017010,10657.272.92$29,525
Nov 20170055.423.12$0
Oct 201703,35549.292.98$10,010
Sep 201707,22147.523.09$22,293
Aug 201709,00245.373.00$27,046
Jul 2017011,29743.873.09$34,877
Jun 2017012,21442.493.09$37,708
May 2017013,04345.373.26$42,565
Apr 2017012,00247.933.21$38,546
Mar 2017013,28746.772.98$39,644
Feb 2017013,27650.452.95$39,199
Jan 2017013,55449.413.42$46,338
Dec 2016013,35248.763.72$49,707
Nov 2016014,06542.492.64$37,193
Oct 2016014,22946.193.09$43,971
Sep 2016014,22441.553.10$44,103
Aug 2016013,46641.442.92$39,379
Jul 2016015,07741.622.92$44,090
Jun 2016014,17945.352.69$38,082
May 2016014,55242.521.99$28,974
Apr 2016014,78636.561.99$29,440
Mar 2016015,85333.011.79$28,440
Feb 2016014,79326.472.06$30,527
Jan 2016016,67527.352.36$39,426
Dec 2015014,97932.362.00$29,979
Nov 2015015,91238.792.17$34,487
Oct 2015016,45743.552.43$39,934
Sep 2015016,39542.992.76$45,224
Aug 2015015,96040.162.87$45,845
Jul 2015017,89148.152.95$52,690
Jun 2015018,70456.152.88$53,921
May 2015017,46755.212.96$51,623
Apr 2015017,07249.822.71$46,207
Mar 2015014,14742.892.93$41,517
Feb 2015014,67044.662.98$43,661
Jan 2015018,16043.433.10$56,307
Dec 2014019,19154.693.59$68,922
Nov 2014320,53970.464.25$87,540
Oct 2014022,84678.303.90$89,121
Sep 2014018,84786.164.05$76,244
Aug 2014027,34589.394.04$110,340
Jul 201403,41096.564.18$14,252
Jun 201406,82898.164.74$32,343
May 2014020,27894.734.73$95,845
Apr 2014019,68795.944.81$94,677
Mar 20141220,82795.895.06$106,469
Feb 2014918,13497.406.19$113,162
Jan 2014719,85290.404.86$97,128
Dec 2013120,40891.824.35$88,958
Nov 2013020,10588.853.74$75,158
Oct 2013021,55597.423.78$81,464
Sep 2013020,543104.113.72$76,374
Aug 2013022,106104.253.52$77,871
Jul 20133990,434102.523.72$340,208
Jun 2013022,14594.403.93$87,105
May 2013023,44794.834.15$97,283
Apr 20133421,98893.964.28$97,360
Mar 2013024,37193.623.91$95,361
Feb 2013021,01291.233.42$71,859
Jan 2013017,84891.603.42$61,039
Dec 2012033,17086.773.42$113,447
Nov 2012045,26986.953.62$164,098
Oct 2012025,79189.383.40$87,681
Sep 2012028,28594.672.92$82,547
Aug 2012038,18192.662.91$111,036
Jul 2012030,33085.133.02$91,621
Jun 2012031,42079.822.52$79,148
May 2012032,11491.612.49$79,910
Apr 2012031,123101.652.00$62,146
Mar 2012015,562105.052.22$34,580
Feb 2012026,216101.102.57$67,381
Jan 2012031,62398.092.73$86,460
Dec 2011031,47596.873.24$101,971
Nov 2011031,47595.723.31$104,223
Oct 2011031,53384.983.65$115,049
Sep 2011031,48883.623.99$125,505
Aug 2011036,15383.404.15$150,010
Jul 2011035,99894.144.52$162,612
Jun 2011040,79692.904.64$189,289
May 2011040,48298.134.40$178,316
Apr 2011340,163105.964.33$174,355
Mar 2011039,52496.364.06$160,362
Feb 2011636,87285.644.18$154,638
Jan 2011020,30686.504.59$93,180
Dec 2010234,68485.734.35$150,969
Nov 2010030,40080.843.80$115,378
Oct 2010033,27578.103.51$116,758
Sep 2010034,63572.633.98$137,829
Aug 2010438,99973.684.42$172,645
Jul 2010036,99672.554.74$175,231
Jun 2010035,79370.364.91$175,758
May 201014628,43671.124.24$130,816
Apr 2010043,03681.694.12$177,424
Mar 20102066,09778.394.39$291,646
Feb 2010056,73973.585.44$308,794
Jan 2010067,21474.365.96$400,870
Dec 20090104,51771.445.48$573,145
Nov 2009046,01674.593.75$172,629
Oct 2009057,07772.544.11$234,601
Sep 20090110,31165.543.06$338,076
Aug 2009014,14367.423.22$45,519

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                6,562 Mcf  × $  2.87 =    $18,831

────────────────────────────────────────────────────
Month total                                  $18,831

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/257946 is the state's own key, not one this site invented.