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 258155District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$12.5 M
Apr 2010 – May 2026
Value, last 12 filed months
$193 k
at the published price for each month
Months reported
194
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
CondensateDisposition67 bbl$5,436
GasProduction3,409,757 Mcf$12,522,461
Total$12,527,896

Every month this lease reported (194)

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

194 months

May 202600106.413.05$0
Apr 202606,47898.932.87$18,590
Mar 202606,19089.753.15$19,495
Feb 202608,19663.503.75$30,738
Jan 20260059.138.00$0
Dec 202502,71856.664.41$11,996
Nov 202505,55958.593.93$21,827
Oct 202505,96259.383.30$19,703
Sep 202505,96362.743.08$18,348
Aug 202504,55363.933.01$13,726
Jul 202505,97666.743.32$19,812
Jun 202506,01266.483.13$18,810
May 202505,33760.553.23$17,251
Apr 202505,75762.363.54$20,398
Mar 202506,13967.704.27$26,203
Feb 202506,19070.884.34$26,870
Jan 202505,56474.324.28$23,807
Dec 202405,98768.993.12$18,688
Nov 202405,47969.052.20$12,045
Oct 202405,04371.372.28$11,505
Sep 202404,99069.612.36$11,798
Aug 202405,04175.632.06$10,403
Jul 202406,18779.932.15$13,281
Jun 202404,97478.082.63$13,101
May 202406,16878.812.20$13,560
Apr 202406,31884.451.66$10,483
Mar 202406,27780.301.55$9,699
Feb 202406,09876.091.78$10,877
Jan 202403,47273.023.30$11,449
Dec 202304,24571.262.61$11,083
Nov 202306,58777.892.81$18,493
Oct 202306,54085.443.09$20,191
Sep 202306,30489.042.74$17,242
Aug 202306,59680.522.67$17,630
Jul 202307,12674.852.64$18,825
Jun 202306,39668.962.26$14,445
May 202306,97370.622.23$15,532
Apr 202307,01078.122.24$15,687
Mar 202307,86872.852.39$18,829
Feb 202309,37675.112.47$23,118
Jan 202306,85476.533.39$23,219
Dec 202202,43576.415.73$13,950
Nov 2022059285.005.65$3,343
Oct 202206,79187.185.86$39,821
Sep 202206,85084.888.16$55,921
Aug 202207,46494.529.13$68,125
Jul 202208,699101.587.54$65,609
Jun 202204,355115.097.98$34,741
May 202206,373109.378.43$53,744
Apr 202206,446104.226.84$44,075
Mar 202207,268108.885.08$36,895
Feb 202206,65791.054.86$32,345
Jan 202206,73881.844.54$30,575
Dec 202107,26371.323.90$28,319
Nov 202107,44777.435.24$38,999
Oct 202107,62879.795.71$43,585
Sep 202107,69369.865.35$41,165
Aug 202108,29766.024.22$35,018
Jul 202108,32870.783.98$33,163
Jun 202108,65569.493.38$29,259
May 202107,80563.483.02$23,553
Apr 202108,86460.362.76$24,451
Mar 2021011,24861.302.72$30,560
Feb 2021012,72557.805.55$70,598
Jan 2021015,54250.412.81$43,677
Dec 202002,00944.642.68$5,375
Nov 202002,09638.772.71$5,673
Oct 202002,45236.972.48$6,077
Sep 2020010,75637.091.99$21,416
Aug 202001,38239.982.39$3,296
Jul 20200038.371.83$0
Jun 20200434.901.69$7
May 202006,98416.921.81$12,674
Apr 202007,47914.751.80$13,495
Mar 202008,29630.341.86$15,399
Feb 202007,87349.881.98$15,594
Jan 202008,21657.252.09$17,210
Dec 201909,03259.012.30$20,813
Nov 201906,86055.302.75$18,870
Oct 201907,89753.472.42$19,099
Sep 201908,14055.052.66$21,630
Aug 201908,25453.112.30$19,020
Jul 201908,61956.272.46$21,203
Jun 201908,50652.782.49$21,190
May 201908,75958.482.74$24,002
Apr 201909,11062.632.75$25,059
Mar 201907,87756.803.06$24,120
Feb 201908,56750.852.79$23,921
Jan 201908,57846.033.23$27,691
Dec 201809,35946.594.19$39,172
Nov 201809,12452.934.24$38,661
Oct 201809,16061.443.40$31,126
Sep 201809,61259.543.11$29,874
Aug 201809,22559.403.07$28,289
Jul 2018010,60265.142.93$31,084
Jun 201807,83660.183.08$24,111
May 201809,61165.382.90$27,880
Apr 2018010,05463.842.90$29,165
Mar 2018011,05661.222.79$30,811
Feb 201809,30961.782.77$25,750
Jan 2018012,60962.874.01$50,554
Dec 2017012,78157.272.92$37,340
Nov 20170055.423.12$0
Oct 201705,83449.292.98$17,407
Sep 2017010,83447.523.09$33,448
Aug 2017011,06645.373.00$33,247
Jul 2017010,99643.873.09$33,948
Jun 2017010,61942.493.09$32,784
May 2017010,73045.373.26$35,016
Apr 2017010,49747.933.21$33,712
Mar 2017010,67746.772.98$31,857
Feb 201709,92850.452.95$29,313
Jan 2017010,72049.413.42$36,650
Dec 2016010,14348.763.72$37,761
Nov 2016010,70642.492.64$28,310
Oct 201609,75146.193.09$30,133
Sep 2016010,77341.553.10$33,403
Aug 2016010,91941.442.92$31,931
Jul 2016011,59041.622.92$33,893
Jun 2016010,69645.352.69$28,728
May 2016011,05442.521.99$22,009
Apr 2016011,91836.561.99$23,729
Mar 2016011,36833.011.79$20,394
Feb 2016011,77626.472.06$24,301
Jan 2016014,00427.352.36$33,111
Dec 2015012,46532.362.00$24,948
Nov 2015013,65638.792.17$29,597
Oct 2015014,53943.552.43$35,280
Sep 2015015,05242.992.76$41,520
Aug 2015015,08740.162.87$43,337
Jul 2015017,30048.152.95$50,950
Jun 2015018,18756.152.88$52,431
May 2015016,95955.212.96$50,121
Apr 2015019,40449.822.71$52,518
Mar 2015020,95842.892.93$61,506
Feb 2015021,96844.662.98$65,381
Jan 2015010,79543.433.10$33,471
Dec 2014011,64054.693.59$41,803
Nov 2014016,43570.464.25$69,879
Oct 2014017,05678.303.90$66,535
Sep 2014017,85686.164.05$72,235
Aug 2014019,66089.394.04$79,330
Jul 2014010,86496.564.18$45,407
Jun 2014024,53798.164.74$116,229
May 2014014,83894.734.73$70,133
Apr 2014017,80795.944.81$85,636
Mar 2014023,06095.895.06$116,610
Feb 2014018,42597.406.19$114,088
Jan 2014017,24090.404.86$83,799
Dec 2013010,79091.824.35$46,985
Nov 2013011,78488.853.74$44,052
Oct 2013017,19697.423.78$64,990
Sep 2013013,955104.113.72$51,881
Aug 2013023,116104.253.52$81,429
Jul 2013597,177102.523.72$361,791
Jun 2013021,54494.403.93$84,741
May 2013022,53294.834.15$93,487
Apr 2013422,96593.964.28$98,726
Mar 2013025,90193.623.91$101,347
Feb 2013024,65991.233.42$84,332
Jan 201309,59991.603.42$32,828
Dec 2012030,67586.773.42$104,913
Nov 2012042,56686.953.62$154,300
Oct 2012025,45589.383.40$86,539
Sep 2012027,70194.672.92$80,843
Aug 2012037,31192.662.91$108,506
Jul 2012036,58885.133.02$110,525
Jun 2012040,89379.822.52$103,011
May 2012036,92791.612.49$91,886
Apr 2012019,428101.652.00$38,794
Mar 2012037,188105.052.22$82,635
Feb 2012031,504101.102.57$80,973
Jan 2012038,04998.092.73$104,029
Dec 2011042,63196.873.24$138,113
Nov 2011042,63195.723.31$141,163
Oct 2011050,15084.983.65$182,974
Sep 2011050,00283.623.99$199,298
Aug 2011046,67583.404.15$193,670
Jul 2011030,58994.144.52$138,178
Jun 2011028,86192.904.64$133,912
May 2011142,47698.134.40$187,197
Apr 2011445,921105.964.33$199,412
Mar 2011159,17496.364.06$240,185
Feb 20111262,11685.644.18$260,671
Jan 2011085,94686.504.59$394,387
Dec 20100101,12185.734.35$439,649
Nov 20100118,03780.843.80$447,989
Oct 2010093,00878.103.51$326,355
Sep 2010078,69672.633.98$313,168
Aug 20102281,42573.684.42$361,467
Jul 20100102,68572.554.74$486,366
Jun 2010089,35470.364.91$438,764
May 20101888,80971.124.24$377,406
Apr 2010016,81081.694.12$69,302

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                6,478 Mcf  × $  2.87 =    $18,590

────────────────────────────────────────────────────
Month total                                  $18,590

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/258155 is the state's own key, not one this site invented.