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 260119District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$21.6 M
Dec 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
186
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
CondensateDisposition59,621 bbl$4,990,007
GasProduction4,800,684 Mcf$16,595,379
Total$21,585,386

Every month this lease reported (186)

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

186 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 20210471.323.90$16
Nov 20210077.435.24$0
Oct 20212079.795.71$160
Sep 2021242,52669.865.35$15,193
Aug 2021565,07066.024.22$25,096
Jul 2021594,87070.783.98$23,569
Jun 2021544,55369.493.38$19,144
May 2021585,03763.483.02$18,882
Apr 2021604,71260.362.76$16,619
Mar 2021684,72061.302.72$16,992
Feb 2021574,14357.805.55$26,280
Jan 2021705,10450.412.81$17,872
Dec 2020645,29544.642.68$17,024
Nov 2020554,94838.772.71$15,524
Oct 2020625,25836.972.48$15,324
Sep 2020555,20837.091.99$12,409
Aug 2020575,46939.982.39$15,323
Jul 2020595,58338.371.83$12,453
Jun 2020735,41334.901.69$11,697
May 2020555,62016.921.81$11,130
Apr 2020775,40014.751.80$10,879
Mar 2020925,39330.341.86$12,802
Feb 2020865,20449.881.98$14,597
Jan 20201215,62757.252.09$18,714
Dec 20191485,73559.012.30$21,949
Nov 2019825,31655.302.75$19,157
Oct 2019845,88353.472.42$18,720
Sep 2019735,66055.052.66$19,059
Aug 2019815,83253.112.30$17,741
Jul 2019725,90256.272.46$18,571
Jun 2019825,46152.782.49$17,932
May 2019766,18558.482.74$21,393
Apr 2019986,06762.632.75$22,826
Mar 20191256,36756.803.06$26,596
Feb 20191005,84350.852.79$21,400
Jan 20191246,68746.033.23$27,295
Dec 20181266,76846.594.19$34,197
Nov 20181056,69652.934.24$33,930
Oct 20181027,00361.443.40$30,064
Sep 2018966,95359.543.11$27,326
Aug 20181107,21759.403.07$28,665
Jul 20181027,07865.142.93$27,396
Jun 2018797,21960.183.08$26,967
May 2018497,92865.382.90$26,201
Apr 20181047,95663.842.90$29,718
Mar 20181397,64561.222.79$29,815
Feb 20181857,64361.782.77$32,571
Jan 20182976,87662.874.01$46,240
Dec 2017998,52357.272.92$30,570
Nov 2017118,38355.423.12$26,751
Oct 2017458,81849.292.98$28,528
Sep 2017438,74647.523.09$29,045
Aug 2017529,58845.373.00$31,165
Jul 20171459,66943.873.09$36,212
Jun 2017939,13042.493.09$32,138
May 2017819,98045.373.26$36,244
Apr 20171159,97847.933.21$37,557
Mar 201714310,44746.772.98$37,859
Feb 20171029,64650.452.95$33,627
Jan 2017481,53049.413.42$7,602
Dec 201618715,43948.763.72$66,595
Nov 201613614,96542.492.64$45,351
Oct 201611511,47346.193.09$40,766
Sep 201616017,24341.553.10$60,112
Aug 201622520,94841.442.92$70,583
Jul 201622918,47741.622.92$63,564
Jun 201620045.352.69$907
May 201618112,49242.521.99$32,568
Apr 201627023,03936.561.99$55,743
Mar 201627525,14733.011.79$54,192
Feb 201630422,84626.472.06$55,193
Jan 201629024,81527.352.36$66,603
Dec 201523925,56432.362.00$58,898
Nov 201529325,44838.792.17$66,520
Oct 201527226,52543.552.43$76,211
Sep 201521926,09342.992.76$81,390
Aug 201526829,08940.162.87$94,321
Jul 201531029,70748.152.95$102,416
Jun 201527328,91256.152.88$98,678
May 201529828,83955.212.96$101,685
Apr 201530329,30849.822.71$94,420
Mar 201525822,25842.892.93$76,386
Feb 201530629,13544.662.98$100,377
Jan 201542232,77443.433.10$119,948
Dec 201448133,17154.693.59$145,435
Nov 201440432,17270.464.25$165,256
Oct 201448632,94578.303.90$166,571
Sep 201447132,39986.164.05$171,650
Aug 201431634,49789.394.04$167,447
Jul 201413935,50396.564.18$161,810
Jun 201431134,27698.164.74$192,889
May 201444837,25294.734.73$218,513
Apr 201460738,71495.944.81$244,416
Mar 2014163,94095.895.06$21,458
Feb 20140097.406.19$0
Jan 20142090.404.86$181
Dec 20131091.824.35$92
Nov 20135088.853.74$444
Oct 20134097.423.78$390
Sep 20138016,419104.113.72$69,370
Aug 201310104.253.52$104
Jul 201321975102.523.72$5,778
Jun 201341894.403.93$448
May 20130094.834.15$0
Apr 20131093.964.28$94
Mar 201325,32393.623.91$21,015
Feb 201333741,20591.233.42$171,662
Jan 201366251,77991.603.42$237,719
Dec 201268057,18786.773.42$254,592
Nov 20121,06861,06386.953.62$314,214
Oct 201258950,72989.383.40$225,107
Sep 2012424,82594.672.92$18,057
Aug 2012381108,07792.662.91$349,609
Jul 2012718128,45085.133.02$449,145
Jun 2012558131,16279.822.52$374,942
May 2012308148,73791.612.49$398,321
Apr 2012910129,092101.652.00$350,272
Mar 2012945179,972105.052.22$499,184
Feb 20121,765163,638101.102.57$599,030
Jan 20121,879122,39798.092.73$518,954
Dec 20112,384171,90196.873.24$787,853
Nov 20111,946175,45195.723.31$767,239
Oct 20112,095183,58984.983.65$847,865
Sep 20111,665229,43283.623.99$1,053,697
Aug 20112,276237,62783.404.15$1,175,809
Jul 20112,981160,98194.144.52$1,007,821
Jun 20113,214131,38392.904.64$908,182
May 20112,975123,65298.134.40$836,602
Apr 20112,864158,774105.964.33$991,482
Mar 20112,699116,36896.364.06$732,220
Feb 20114,239111,18485.644.18$827,775
Jan 20114,229243,50586.504.59$1,483,199
Dec 2010579132,86985.734.35$627,319

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.

Dec 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.32 =         $0
Gas                    4 Mcf  × $  3.90 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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/260119 is the state's own key, not one this site invented.