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 258902District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$27.8 M
May 2010 – May 2026
Value, last 12 filed months
$344 k
at the published price for each month
Months reported
193
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
CondensateDisposition59,549 bbl$4,918,671
GasProduction6,326,968 Mcf$22,842,327
Total$27,760,997

Every month this lease reported (193)

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

193 months

May 202600106.413.05$0
Apr 2026164,13598.932.87$13,449
Mar 2026113,37189.753.15$11,604
Feb 2026206,08563.503.75$24,091
Jan 20264610,41559.138.00$86,018
Dec 20254110,54356.664.41$48,853
Nov 20253210,30358.593.93$42,329
Oct 20253812,54759.383.30$43,722
Sep 20254515,10962.743.08$49,312
Aug 2025377,28263.933.01$24,319
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20251060.553.23$61
Apr 2025225,12262.363.54$19,520
Mar 20254010,08667.704.27$45,758
Feb 2025449,49570.884.34$44,335
Jan 20255310,74774.324.28$49,922
Dec 20244510,30968.993.12$35,283
Nov 20244110,63469.052.20$26,209
Oct 20243012,16071.372.28$29,883
Sep 20243410,32069.612.36$26,767
Aug 20244013,56775.632.06$31,022
Jul 20244816,54779.932.15$39,356
Jun 2024217,20678.082.63$20,620
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20241073.023.30$73
Dec 2023192,26971.262.61$7,278
Nov 2023547,61477.892.81$25,583
Oct 2023398,97285.443.09$31,031
Sep 2023539,20189.042.74$29,884
Aug 2023399,07080.522.67$27,383
Jul 2023498,42074.852.64$25,912
Jun 2023408,42568.962.26$21,786
May 20235210,11770.622.23$26,207
Apr 2023457,68478.122.24$20,710
Mar 2023488,85872.852.39$24,695
Feb 2023398,86075.112.47$24,775
Jan 2023598,11776.533.39$32,013
Dec 2022759,08576.415.73$57,779
Nov 20225110,12985.005.65$61,525
Oct 2022437,26787.185.86$46,361
Sep 2022336,57884.888.16$56,502
Aug 2022369,24094.529.13$87,738
Jul 2022408,118101.587.54$65,290
Jun 2022398,055115.097.98$68,745
May 2022419,224109.378.43$82,271
Apr 20224710,187104.226.84$74,553
Mar 2022609,346108.885.08$53,977
Feb 2022359,33791.054.86$48,554
Jan 20225810,75881.844.54$53,563
Dec 20214610,87671.323.90$45,688
Nov 20214910,82077.435.24$60,457
Oct 20214110,77579.795.71$64,838
Sep 20214310,43269.865.35$58,825
Aug 20214611,43066.024.22$51,278
Jul 20215011,57570.783.98$49,632
Jun 20216011,90369.493.38$44,409
May 20215410,08863.483.02$33,870
Apr 20215410,12560.362.76$31,188
Mar 20212111,07061.302.72$31,364
Feb 2021597,86557.805.55$47,045
Jan 20217311,81750.412.81$36,889
Dec 20206411,90844.642.68$34,716
Nov 20205911,79538.772.71$34,211
Oct 20205812,27036.972.48$32,555
Sep 20204912,08237.091.99$25,873
Aug 20205812,70839.982.39$32,629
Jul 20204913,00138.371.83$25,609
Jun 20205812,21034.901.69$22,663
May 20203812,49916.921.81$23,326
Apr 20205213,03114.751.80$24,280
Mar 20206013,43030.341.86$26,750
Feb 20207412,89549.881.98$29,232
Jan 202012813,54957.252.09$35,710
Dec 201919514,50959.012.30$44,941
Nov 201913413,11055.302.75$43,472
Oct 201914113,52353.472.42$40,245
Sep 201911613,13555.052.66$41,289
Aug 201911313,67653.112.30$37,516
Jul 20196313,74756.272.46$37,363
Jun 20197113,21752.782.49$36,674
May 20197614,39458.482.74$43,889
Apr 20198414,59362.632.75$45,402
Mar 201910013,59056.803.06$47,294
Feb 20198913,74450.852.79$42,902
Jan 201911215,64046.033.23$55,644
Dec 201811415,98146.594.19$72,199
Nov 20189515,88052.934.24$72,316
Oct 20189916,56961.443.40$62,385
Sep 20188617,02459.543.11$58,031
Aug 20187810,53059.403.07$36,924
Jul 20187517,26265.142.93$55,496
Jun 20187816,57260.183.08$55,685
May 20188816,93165.382.90$54,867
Apr 20189717,30363.842.90$56,385
Mar 201811918,79561.222.79$59,664
Feb 201810816,43261.782.77$52,125
Jan 201817019,91462.874.01$90,530
Dec 201715319,33857.272.92$65,259
Nov 20170055.423.12$0
Oct 201709,13649.292.98$27,259
Sep 2017017,47547.523.09$53,950
Aug 2017018,43845.373.00$55,395
Jul 20171819,08243.873.09$59,701
Jun 20175616,20942.493.09$52,421
May 20178116,71845.373.26$58,232
Apr 201710218,56647.933.21$64,515
Mar 201711519,22446.772.98$62,737
Feb 201712017,33750.452.95$57,243
Jan 201713719,30149.413.42$72,755
Dec 201614519,85048.763.72$80,968
Nov 201610719,53842.492.64$56,212
Oct 201612620,07146.193.09$67,845
Sep 201611019,63541.553.10$65,451
Aug 201612320,92641.442.92$66,292
Jul 201612421,50841.622.92$68,058
Jun 201614320,70845.352.69$62,103
May 201616621,21542.521.99$49,298
Apr 201615720,60336.561.99$46,761
Mar 201618721,48133.011.79$44,710
Feb 201620820,34826.472.06$47,497
Jan 201618922,60827.352.36$58,623
Dec 201513920,28332.362.00$45,093
Nov 201517921,83038.792.17$54,256
Oct 201517522,86343.552.43$63,100
Sep 201514422,65542.992.76$68,683
Aug 201516922,04740.162.87$70,117
Jul 201516323,49248.152.95$77,034
Jun 201515822,33756.152.88$73,266
May 201518718,29255.212.96$64,385
Apr 201519920,67749.822.71$65,878
Mar 201511417,34442.892.93$55,789
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 201413594.734.73$260
Apr 20143213095.944.81$3,695
Mar 201427325,12795.895.06$153,240
Feb 201441839,82797.406.19$287,322
Jan 201450245,89290.404.86$268,449
Dec 201350347,39791.824.35$252,575
Nov 201357947,21788.853.74$227,955
Oct 201368850,32397.423.78$257,214
Sep 201324348,993104.113.72$207,442
Aug 2013336,847104.253.52$27,560
Jul 20139729,122102.523.72$133,563
Jun 201340546,30994.403.93$220,384
May 201359243,66594.834.15$237,309
Apr 20132758,32193.964.28$61,474
Mar 20131169,34493.623.91$47,422
Feb 20130091.233.42$0
Jan 201361091.603.42$5,588
Dec 20121,18192,94186.773.42$420,348
Nov 2012550139,40486.953.62$553,156
Oct 201244882,39489.383.40$320,155
Sep 201238899,30794.672.92$326,550
Aug 201237273,10292.662.91$247,062
Jul 2012411113,81085.133.02$378,786
Jun 2012388108,54879.822.52$304,407
May 2012636114,23891.612.49$342,525
Apr 201256687,565101.652.00$232,384
Mar 201269292,019105.052.22$277,168
Feb 2012795104,581101.102.57$349,173
Jan 201295198,81498.092.73$363,449
Dec 20111,181138,84996.873.24$564,238
Nov 20111,072162,78795.723.31$641,645
Oct 20111,222193,76484.983.65$810,801
Sep 20111,167168,42183.623.99$768,877
Aug 20111,886154,75683.404.15$799,425
Jul 20112,17598,07894.144.52$647,796
Jun 20111,67677,52092.904.64$515,384
May 20111,72986,16298.134.40$549,195
Apr 20111,33998,867105.964.33$570,299
Mar 20112,571169,92296.364.06$937,173
Feb 20112,014149,96385.644.18$799,321
Jan 20113,593270,68386.504.59$1,552,899
Dec 20102,750251,07785.734.35$1,327,378
Nov 20103,027249,95780.843.80$1,193,372
Oct 20102,906242,93178.103.51$1,079,377
Sep 20101,898159,57872.633.98$772,888
Aug 20102,43975,77373.684.42$514,574
Jul 20101,995116,94372.554.74$698,637
Jun 20100115,22570.364.91$565,801
May 2010012,16671.124.24$51,526

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            16 bbl  × $ 98.93 =     $1,583
Gas                4,135 Mcf  × $  2.87 =    $11,866

────────────────────────────────────────────────────
Month total                                  $13,449

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/258902 is the state's own key, not one this site invented.