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 260107District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$21.9 M
Nov 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
187
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
CondensateDisposition101,622 bbl$8,762,888
GasProduction3,705,398 Mcf$13,175,552
Total$21,938,440

Every month this lease reported (187)

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

187 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
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 20217070.783.98$495
Jun 2021865,75869.493.38$25,442
May 20211178,67963.483.02$33,618
Apr 20211103,64560.362.76$16,694
Mar 20211197,49861.302.72$27,666
Feb 2021362,27757.805.55$14,713
Jan 2021825,26150.412.81$18,918
Dec 2020846,34044.642.68$20,712
Nov 2020986,99238.772.71$22,724
Oct 2020997,89536.972.48$23,227
Sep 2020797,47637.091.99$17,815
Aug 2020797,15239.982.39$20,217
Jul 2020757,78438.371.83$17,084
Jun 2020987,27034.901.69$15,709
May 2020697,40216.921.81$14,600
Apr 20201017,72514.751.80$15,429
Mar 20201337,32030.341.86$17,623
Feb 20201156,49549.881.98$18,601
Jan 20201377,60457.252.09$23,772
Dec 20191427,12959.012.30$24,807
Nov 20191777,20155.302.75$29,596
Oct 20191347,63253.472.42$25,623
Sep 20191167,45555.052.66$26,196
Aug 20191327,71453.112.30$24,786
Jul 20191148,07556.272.46$26,280
Jun 20191296,72052.782.49$23,549
May 20191328,00158.482.74$29,645
Apr 20191537,84362.632.75$31,156
Mar 20191858,23656.803.06$35,727
Feb 20191577,53650.852.79$29,026
Jan 20191958,45846.033.23$36,280
Dec 20181968,48246.594.19$44,633
Nov 20181458,32152.934.24$42,933
Oct 2018848,78561.443.40$35,013
Sep 2018488,78659.543.11$30,165
Aug 2018369,33859.403.07$30,774
Jul 2018749,23665.142.93$31,899
Jun 20181328,09660.183.08$32,855
May 2018233,64365.382.90$12,071
Apr 20182063.842.90$128
Mar 201894,64361.222.79$13,490
Feb 20186111,02861.782.77$34,273
Jan 201826713,80062.874.01$72,115
Dec 201718212,31957.272.92$46,413
Nov 201711512,91055.423.12$46,631
Oct 201718413,30949.292.98$48,779
Sep 201720311,42647.523.09$44,922
Aug 201720914,20645.373.00$52,163
Jul 201726814,62343.873.09$56,902
Jun 201717320,22042.493.09$69,776
May 2017905,48945.373.26$21,996
Apr 20171478,63247.933.21$34,768
Mar 201724014,05146.772.98$53,148
Feb 201723813,53450.452.95$51,968
Jan 201720312,22849.413.42$51,835
Dec 201629214,91248.763.72$69,753
Nov 201621215,34942.492.64$49,596
Oct 201621012,43346.193.09$48,121
Sep 201626316,23341.553.10$61,260
Aug 201629917,08941.442.92$62,365
Jul 201630217,59741.622.92$64,029
Jun 201630216,41145.352.69$57,773
May 201634918,16542.521.99$51,007
Apr 201634117,63736.561.99$47,583
Mar 201636218,66533.011.79$45,435
Feb 201635016,78426.472.06$43,900
Jan 201636219,04027.352.36$54,918
Dec 201529819,38532.362.00$48,441
Nov 201538518,92138.792.17$55,942
Oct 201537820,26943.552.43$65,646
Sep 201534419,49442.992.76$68,561
Aug 201538120,63440.162.87$74,572
Jul 201541821,25448.152.95$82,721
Jun 201537320,82156.152.88$80,968
May 201538020,15655.212.96$80,550
Apr 201539820,27249.822.71$74,696
Mar 201549321,40242.892.93$83,953
Feb 201541520,48244.662.98$79,492
Jan 201551922,41143.433.10$92,028
Dec 201459923,76954.693.59$118,122
Nov 201452222,52670.464.25$132,557
Oct 201459223,45278.303.90$137,839
Sep 201466223,25386.164.05$151,107
Aug 20142718,13889.394.04$57,063
Jul 201433214,02796.564.18$90,685
Jun 201469021,88498.164.74$171,392
May 201477622,94794.734.73$181,971
Apr 201467122,67295.944.81$173,408
Mar 201457523,88695.895.06$175,923
Feb 201441120,93097.406.19$169,630
Jan 201454923,38890.404.86$163,312
Dec 201356223,12291.824.35$152,287
Nov 201345119,23588.853.74$111,977
Oct 201347820,88997.423.78$125,514
Sep 201358518,040104.113.72$127,972
Aug 201349017,412104.253.52$112,418
Jul 201373614,205102.523.72$128,265
Jun 201346513,93294.403.93$98,696
May 201333094.834.15$409
Apr 20136093.964.28$564
Mar 201332013,08293.623.91$81,147
Feb 20131,03535,63891.233.42$216,302
Jan 20131,67739,72891.603.42$289,479
Dec 20121,35535,35886.773.42$238,503
Nov 20121,71733,98686.953.62$272,491
Oct 20121,43637,91089.383.40$257,232
Sep 201296137,76294.672.92$201,182
Aug 20129092.662.91$834
Jul 20121436,13385.133.02$30,700
Jun 201246719379.822.52$37,762
May 201290556,35691.612.49$223,139
Apr 201299238,964101.652.00$178,640
Mar 20123,456112,845105.052.22$613,803
Feb 20122,71273,866101.102.57$464,037
Jan 20125,058165,52798.092.73$948,703
Dec 20116,526177,87796.873.24$1,208,449
Nov 20114,692161,41795.723.31$983,615
Oct 20112,73584,48284.983.65$540,656
Sep 2011182183.623.99$15,223
Aug 20114,501226,06683.404.15$1,313,404
Jul 20114,257151,19794.144.52$1,083,747
Jun 20114,346116,15392.904.64$942,679
May 20113,964115,15098.134.40$896,202
Apr 20114,539152,155105.964.33$1,140,283
Mar 20115,420137,63396.364.06$1,080,695
Feb 20115,979118,57685.644.18$1,007,687
Jan 20114,437144,83586.504.59$1,048,416
Dec 20102,130149,27785.734.35$831,624
Nov 20100080.843.80$0

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.

Jul 2021 — as filed, then multipliedworked
Condensate             7 bbl  × $ 70.78 =       $495
Gas                    0 Mcf  × $  3.98 =         $0

────────────────────────────────────────────────────
Month total                                     $495

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/260107 is the state's own key, not one this site invented.