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 260187District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$34.8 M
Jan 2011 – May 2026
Value, last 12 filed months
$339 k
at the published price for each month
Months reported
185
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
CondensateDisposition103,360 bbl$9,011,550
GasProduction7,502,950 Mcf$25,768,285
Total$34,779,834

Every month this lease reported (185)

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

185 months

May 202600106.413.05$0
Apr 20264010,07698.932.87$32,873
Mar 2026344,47389.753.15$17,139
Feb 202604,77863.503.75$17,919
Jan 202607,38859.138.00$59,089
Dec 202507,46656.664.41$32,950
Nov 202508,28258.593.93$32,519
Oct 202508,97859.383.30$29,671
Sep 2025189,38162.743.08$29,994
Aug 20251897,75663.933.01$35,465
Jul 2025317,61266.743.32$27,304
Jun 2025257,22166.483.13$24,254
May 2025277,29560.553.23$25,215
Apr 2025348,02762.363.54$30,561
Mar 2025368,57267.704.27$39,025
Feb 2025547,97570.884.34$38,446
Jan 2025148,97474.324.28$39,437
Dec 202409,48468.993.12$29,603
Nov 2024410,64869.052.20$23,685
Oct 202426,39071.372.28$14,721
Sep 20240069.612.36$0
Aug 2024148675.632.06$1,079
Jul 202441,84079.932.15$4,269
Jun 2024278,22578.082.63$23,773
May 2024299,87478.812.20$23,993
Apr 2024299,71984.451.66$18,575
Mar 20242710,37580.301.55$18,199
Feb 2024319,58076.091.78$19,446
Jan 2024279,19173.023.30$32,280
Dec 20234610,17371.262.61$29,837
Nov 20234910,17977.892.81$32,395
Oct 20234911,06585.443.09$38,347
Sep 20234011,04089.042.74$33,756
Aug 2023377,66380.522.67$23,462
Jul 20235010,37674.852.64$31,154
Jun 20233610,28668.962.26$25,713
May 20237611,52170.622.23$31,029
Apr 20235510,38178.122.24$27,527
Mar 20235912,13472.852.39$33,337
Feb 20236512,84275.112.47$36,546
Jan 2023708,75676.533.39$35,020
Dec 2022568,98076.415.73$55,726
Nov 20224211,22885.005.65$66,966
Oct 20220087.185.86$0
Sep 20220984.888.16$73
Aug 20222094.529.13$189
Jul 2022227,412101.587.54$58,137
Jun 20224419,053115.097.98$157,054
May 2022166,386109.378.43$55,603
Apr 2022288,912104.226.84$63,855
Mar 20226014,814108.885.08$81,735
Feb 20224813,53891.054.86$70,149
Jan 20226615,32481.844.54$74,937
Dec 20215315,64471.323.90$64,778
Nov 20215215,36277.435.24$84,475
Oct 20214916,15979.795.71$96,240
Sep 20214816,07969.865.35$89,391
Aug 20215017,26766.024.22$76,178
Jul 20215318,13970.783.98$75,982
Jun 20216419,20669.493.38$69,376
May 20217716,95463.483.02$56,050
Apr 20218520,95060.362.76$62,920
Mar 202113027,21661.302.72$81,913
Feb 20219817,71657.805.55$103,952
Jan 2021011350.412.81$318
Dec 2020214144.642.68$467
Nov 20201095838.772.71$2,981
Oct 2020132,94436.972.48$7,777
Sep 202081,65837.091.99$3,598
Aug 202072,76339.982.39$6,870
Jul 2020114,07038.371.83$7,850
Jun 2020297,93034.901.69$14,416
May 20204014,82416.921.81$27,579
Apr 20206516,38014.751.80$30,514
Mar 20206417,34430.341.86$34,136
Feb 20207015,92849.881.98$35,040
Jan 20207917,54557.252.09$41,275
Dec 20197517,61259.012.30$45,010
Nov 20196917,77555.302.75$52,709
Oct 20196818,55453.472.42$48,510
Sep 20195218,10355.052.66$50,967
Aug 20192418,57553.112.30$44,078
Jul 20191819,53356.272.46$49,065
Jun 20191919,26452.782.49$48,993
May 2019620,00458.482.74$55,168
Apr 20191220,35162.632.75$56,731
Mar 20193119,39556.803.06$61,150
Feb 2019713,91950.852.79$39,221
Jan 2019720,56746.033.23$66,716
Dec 20181122,31546.594.19$93,911
Nov 20184521,87152.934.24$95,055
Oct 20187123,09261.443.40$82,831
Sep 20187122,88759.543.11$75,360
Aug 201812523,83359.403.07$80,510
Jul 201812725,80265.142.93$83,921
Jun 201813321,98660.183.08$75,653
May 20189525,52665.382.90$80,257
Apr 201812126,33063.842.90$84,103
Mar 201818927,12561.222.79$87,164
Feb 201816424,43661.782.77$77,725
Jan 201822627,66662.874.01$125,130
Dec 201719624,76857.272.92$83,585
Nov 201718055.423.12$998
Oct 20176011,55849.292.98$37,443
Sep 2017153,64547.523.09$11,966
Aug 2017574,40845.373.00$15,829
Jul 201719422,17243.873.09$76,962
Jun 20179919,50242.493.09$64,415
May 20177412,90445.373.26$45,468
Apr 201715230,12447.933.21$104,032
Mar 201718230,94346.772.98$100,836
Feb 201716428,16250.452.95$91,425
Jan 201715831,59249.413.42$115,814
Dec 201620533,68548.763.72$135,399
Nov 201614634,12042.492.64$96,429
Oct 201619535,94146.193.09$120,074
Sep 201615231,78341.553.10$104,863
Aug 201622037,29641.442.92$118,183
Jul 201623838,98541.622.92$123,911
Jun 201628437,91345.352.69$114,707
May 201632137,80842.521.99$88,926
Apr 201629838,41036.561.99$87,371
Mar 201637242,04733.011.79$87,712
Feb 201639738,83326.472.06$90,646
Jan 201630419,45427.352.36$54,311
Dec 201531230,61032.362.00$71,359
Nov 201537733,92238.792.17$88,144
Oct 201538338,90343.552.43$111,081
Sep 201532139,30942.992.76$122,231
Aug 201530135,88640.162.87$115,170
Jul 201533838,64048.152.95$130,073
Jun 201526439,39356.152.88$128,388
May 201532836,56555.212.96$126,175
Apr 201537439,52949.822.71$125,621
Mar 201539642,67942.892.93$142,235
Feb 201538339,28644.662.98$134,027
Jan 201556343,26743.433.10$158,606
Dec 201460745,75054.693.59$197,502
Nov 201450642,85870.464.25$217,878
Oct 201462644,21578.303.90$221,497
Sep 201463441,85586.164.05$223,947
Aug 201467845,35789.394.04$243,627
Jul 201464946,35296.564.18$256,400
Jun 201483144,82298.164.74$293,887
May 201489547,18194.734.73$307,787
Apr 201489046,16095.944.81$307,376
Mar 20141,02154,29995.895.06$372,483
Feb 201477148,09197.406.19$372,875
Jan 201498755,68790.404.86$359,904
Dec 201391858,11091.824.35$337,330
Nov 201399958,55988.853.74$307,671
Oct 201347834,36097.423.78$176,426
Sep 20138499,475104.113.72$123,615
Aug 20131,05258,225104.253.52$314,775
Jul 20132,459133,848102.523.72$749,709
Jun 201366245,80694.403.93$242,667
May 20139338,47994.834.15$168,472
Apr 201327045,16193.964.28$218,775
Mar 20134,17849,61893.623.91$585,293
Feb 20132,85938,08691.233.42$391,077
Jan 201302,18891.603.42$7,483
Dec 2012176086.773.42$15,272
Nov 201297430,45486.953.62$195,084
Oct 20122,000139,37189.383.40$652,577
Sep 20121,665130,34294.672.92$538,016
Aug 20122,153117,64792.662.91$541,633
Jul 20121,524111,63385.133.02$466,959
Jun 20121,482162,10879.822.52$526,650
May 20121,118171,40591.612.49$528,930
Apr 20121,370130,859101.652.00$400,560
Mar 2012882188,845105.052.22$512,283
Feb 20121,607211,912101.102.57$707,132
Jan 20121,854262,11298.092.73$898,494
Dec 20111,815256,46096.873.24$1,006,683
Nov 20112,807299,78295.723.31$1,261,348
Oct 20113,344228,40984.983.65$1,117,532
Sep 20113,907265,31883.623.99$1,384,208
Aug 20114,022258,07983.404.15$1,406,287
Jul 20113,282149,86394.144.52$985,935
Jun 20113,459162,54792.904.64$1,075,540
May 20113,526144,71898.134.40$983,463
Apr 20115,261137,568105.964.33$1,153,576
Mar 20118,329190,77296.364.06$1,576,609
Feb 20117,110153,14085.644.18$1,249,023
Jan 20112,31899,07386.504.59$655,131

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            40 bbl  × $ 98.93 =     $3,957
Gas               10,076 Mcf  × $  2.87 =    $28,915

────────────────────────────────────────────────────
Month total                                  $32,873

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/260187 is the state's own key, not one this site invented.