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 259554District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$11.9 M
Aug 2010 – May 2026
Value, last 12 filed months
$140 k
at the published price for each month
Months reported
190
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
CondensateDisposition67,923 bbl$5,426,947
GasProduction1,734,477 Mcf$6,428,716
Total$11,855,663

Every month this lease reported (190)

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

190 months

May 202600106.413.05$0
Apr 2026671,95798.932.87$12,244
Mar 2026812,20489.753.15$14,211
Feb 2026671,94063.503.75$11,530
Jan 2026932,19159.138.00$23,023
Dec 2025782,18356.664.41$14,054
Nov 2025722,12758.593.93$12,570
Oct 2025822,28959.383.30$12,434
Sep 2025751,78862.743.08$10,207
Aug 2025681,90863.933.01$10,099
Jul 2025762,01566.743.32$11,752
Jun 2025421,69066.483.13$8,080
May 2025401,34460.553.23$6,766
Apr 2025581,29562.363.54$8,205
Mar 2025531,77467.704.27$11,160
Feb 2025441,05170.884.34$7,681
Jan 202503674.324.28$154
Dec 20241068.993.12$69
Nov 2024431,13169.052.20$5,456
Oct 2024162,16071.372.28$6,070
Sep 202411,07469.612.36$2,609
Aug 202432,26875.632.06$4,907
Jul 2024312,51779.932.15$7,881
Jun 2024171,39278.082.63$4,994
May 202452,27178.812.20$5,387
Apr 202462,31284.451.66$4,343
Mar 2024122,34980.301.55$4,593
Feb 202452,32176.091.78$4,520
Jan 202432,46273.023.30$8,338
Dec 202362,46471.262.61$6,860
Nov 202332,35977.892.81$6,857
Oct 202352,41285.443.09$7,874
Sep 2023612,42589.042.74$12,064
Aug 2023642,62180.522.67$12,159
Jul 2023722,44074.852.64$11,835
Jun 2023692,55268.962.26$10,522
May 2023862,62970.622.23$11,929
Apr 2023822,59178.122.24$12,204
Mar 2023983,07072.852.39$14,486
Feb 20231033,25875.112.47$15,770
Jan 20231373,76276.533.39$23,229
Dec 20221413,72476.415.73$32,109
Nov 20221153,73185.005.65$30,841
Oct 2022872,22187.185.86$20,608
Sep 20220384.888.16$24
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202250115.097.98$575
May 2022952,637109.378.43$32,628
Apr 2022742,451104.226.84$24,471
Mar 2022992,328108.885.08$22,597
Feb 2022541,21791.054.86$10,830
Jan 20226386581.844.54$9,081
Dec 2021932,63771.323.90$16,915
Nov 2021762,65377.435.24$19,778
Oct 2021652,82379.795.71$21,317
Sep 2021762,87269.865.35$20,677
Aug 2021783,08766.024.22$18,179
Jul 20211043,17670.783.98$20,008
Jun 20211222,89269.493.38$18,255
May 20211192,88463.483.02$16,257
Apr 20211323,36060.362.76$17,236
Mar 20211603,01261.302.72$17,991
Feb 2021972,67057.805.55$20,420
Jan 2021983,08750.412.81$13,615
Dec 2020862,99944.642.68$11,863
Nov 2020773,28938.772.71$11,887
Oct 2020813,29636.972.48$11,163
Sep 2020743,14637.091.99$9,008
Aug 2020813,44339.982.39$11,450
Jul 2020883,30038.371.83$9,399
Jun 20201283,06934.901.69$9,655
May 2020763,46016.921.81$7,565
Apr 20201043,38314.751.80$7,638
Mar 2020943,62830.341.86$9,586
Feb 2020633,36549.881.98$9,807
Jan 2020862,88157.252.09$10,958
Dec 2019882,77959.012.30$11,597
Nov 2019931,77755.302.75$10,031
Oct 20191233,04853.472.42$13,949
Sep 20191042,98055.052.66$13,644
Aug 20191113,22453.112.30$13,324
Jul 2019953,25256.272.46$13,346
Jun 20191162,87252.782.49$13,277
May 20191152,90358.482.74$14,680
Apr 20191292,88362.632.75$16,010
Mar 20191433,20056.803.06$17,921
Feb 20191303,05850.852.79$15,149
Jan 20191552,93346.033.23$16,603
Dec 20181593,19346.594.19$20,772
Nov 20181163,24152.934.24$19,873
Oct 20181213,42161.443.40$19,059
Sep 20181213,85759.543.11$19,192
Aug 20181123,69359.403.07$17,978
Jul 20181793,55565.142.93$22,083
Jun 20183413,79160.183.08$32,186
May 20181834,25265.382.90$24,299
Apr 20181624,27363.842.90$22,737
Mar 20181844,54361.222.79$23,925
Feb 20181744,25361.782.77$22,514
Jan 20182514,82962.874.01$35,141
Dec 20171924,72757.272.92$24,806
Nov 20171644,54255.423.12$23,252
Oct 20171233,94549.292.98$17,833
Sep 20171654,42547.523.09$21,502
Aug 20171914,73445.373.00$22,889
Jul 20172334,90943.873.09$25,377
Jun 20171884,79842.493.09$22,801
May 20171274,47645.373.26$20,369
Apr 20171705,02147.933.21$24,274
Mar 20171695,26946.772.98$23,625
Feb 20171714,91450.452.95$23,136
Jan 20171835,70449.413.42$28,543
Dec 20161965,61048.763.72$30,442
Nov 20161515,52742.492.64$21,031
Oct 20161765,51546.193.09$25,172
Sep 20161795,68141.553.10$25,052
Aug 20162055,78141.442.92$25,401
Jul 20161915,99641.622.92$25,484
Jun 20161945,79445.352.69$24,360
May 20162086,06142.521.99$20,912
Apr 20162035,78236.561.99$18,934
Mar 20162216,40333.011.79$18,782
Feb 20162545,90326.472.06$18,905
Jan 20162046,70127.352.36$21,423
Dec 20151435,40932.362.00$15,453
Nov 20151615,91738.792.17$19,069
Oct 20151645,60843.552.43$20,750
Sep 20151183,58442.992.76$14,959
Aug 20153384,90640.162.87$27,667
Jul 20151773,57548.152.95$19,051
Jun 2015014656.152.88$421
May 201518455.212.96$303
Apr 2015740849.822.71$1,453
Mar 2015914842.892.93$820
Feb 2015101,11444.662.98$3,762
Jan 20152933843.433.10$2,307
Dec 201449954.693.59$574
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 2014212396.564.18$707
Jun 20140098.164.74$0
May 20141112694.734.73$1,638
Apr 201479095.944.81$1,104
Mar 2014111895.895.06$693
Feb 201425097.406.19$2,435
Jan 201427790.404.86$2,475
Dec 20131623,07391.824.35$28,256
Nov 20135509,88788.853.74$85,828
Oct 201366613,60597.423.78$116,300
Sep 20131,31712,710104.113.72$184,365
Aug 201389814,015104.253.52$142,986
Jul 20134057,787102.523.72$70,471
Jun 20130194.403.93$4
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20134191.233.42$368
Jan 20131237691.603.42$2,385
Dec 20125729,09486.773.42$80,735
Nov 20124084,65086.953.62$52,332
Oct 2012151,39689.383.40$6,087
Sep 20121,0365,32994.672.92$113,630
Aug 201294022,36692.662.91$152,144
Jul 201238023,55885.133.02$103,513
Jun 20121,45921,90279.822.52$171,629
May 201273720,54991.612.49$118,649
Apr 201218314,302101.652.00$47,160
Mar 201236912,483105.052.22$66,502
Feb 201201,062101.102.57$2,730
Jan 201201,14298.092.73$3,122
Dec 20115474,63996.873.24$68,017
Nov 201155115,21395.723.31$103,116
Oct 201107,92684.983.65$28,918
Sep 201107,86483.623.99$31,344
Aug 2011026483.404.15$1,095
Jul 2011078194.144.52$3,528
Jun 20111,28127,61892.904.64$247,149
May 20112,46064,94498.134.40$527,466
Apr 20112,41683,281105.964.33$616,879
Mar 20113,93986,16296.364.06$729,151
Feb 20113,34086,92485.644.18$649,378
Jan 20113,284104,28286.504.59$762,593
Dec 20105,276130,07585.734.35$1,017,845
Nov 20105,995133,15480.843.80$989,999
Oct 20106,443159,15078.103.51$1,061,638
Sep 20107,587166,86572.633.98$1,215,078
Aug 201057837,99873.684.42$210,514

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            67 bbl  × $ 98.93 =     $6,628
Gas                1,957 Mcf  × $  2.87 =     $5,616

────────────────────────────────────────────────────
Month total                                  $12,244

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/259554 is the state's own key, not one this site invented.