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 260197District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$24.7 M
Jan 2011 – May 2026
Value, last 12 filed months
$206 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
CondensateDisposition95,365 bbl$8,235,186
GasProduction4,802,150 Mcf$16,475,446
Total$24,710,632

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 2026584,61498.932.87$18,979
Mar 2026374,11989.753.15$16,293
Feb 2026203,29963.503.75$13,642
Jan 2026264,57859.138.00$38,152
Dec 2025234,49956.664.41$21,159
Nov 2025464,43758.593.93$20,117
Oct 202544,55659.383.30$15,294
Sep 202524,70462.743.08$14,599
Aug 2025334,76363.933.01$16,469
Jul 202574,86566.743.32$16,596
Jun 202514,63866.483.13$14,577
May 2025115,05560.553.23$17,005
Apr 2025404,49262.363.54$18,410
Mar 2025444,86667.704.27$23,748
Feb 2025504,57670.884.34$23,408
Jan 2025564,63574.324.28$23,994
Dec 2024554,91868.993.12$19,145
Nov 2024434,88169.052.20$13,700
Oct 2024425,25571.372.28$14,986
Sep 2024314,30569.612.36$12,336
Aug 2024364,99675.632.06$13,033
Jul 2024355,05279.932.15$13,642
Jun 2024344,78378.082.63$15,253
May 2024345,14978.812.20$13,999
Apr 2024345,02384.451.66$11,205
Mar 2024415,04480.301.55$11,086
Feb 2024474,80976.091.78$12,154
Jan 2024545,16573.023.30$20,975
Dec 2023535,17071.262.61$17,274
Nov 2023535,03277.892.81$18,256
Oct 2023505,25385.443.09$20,489
Sep 2023435,11789.042.74$17,824
Aug 2023375,32480.522.67$17,210
Jul 2023405,36874.852.64$17,175
Jun 2023415,22368.962.26$14,623
May 2023595,39170.622.23$16,174
Apr 2023535,23978.122.24$15,864
Mar 2023455,48672.852.39$16,407
Feb 2023405,34075.112.47$16,171
Jan 2023545,36376.533.39$22,301
Dec 2022644,84776.415.73$32,659
Nov 2022525,06785.005.65$33,029
Oct 2022465,41187.185.86$35,739
Sep 2022445,28684.888.16$46,888
Aug 2022635,47994.529.13$55,962
Jul 2022485,505101.587.54$46,395
Jun 2022565,330115.097.98$48,964
May 2022535,545109.378.43$52,558
Apr 2022495,415104.226.84$42,132
Mar 2022575,627108.885.08$34,771
Feb 2022494,99791.054.86$28,741
Jan 2022615,70981.844.54$30,898
Dec 2021615,76971.323.90$26,845
Nov 2021495,57077.435.24$32,963
Oct 2021485,79579.795.71$36,942
Sep 2021495,81769.865.35$34,549
Aug 2021526,14466.024.22$29,364
Jul 2021136,61270.783.98$27,250
Jun 2021304,41769.493.38$17,017
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20213057.805.55$173
Jan 2021261,67050.412.81$6,004
Dec 2020688,89944.642.68$26,844
Nov 2020349,59938.772.71$27,299
Oct 2020565,38036.972.48$15,404
Sep 2020648,95137.091.99$20,196
Aug 2020507,87239.982.39$20,775
Jul 2020549,21038.371.83$18,881
Jun 2020668,91534.901.69$17,373
May 2020599,37916.921.81$18,019
Apr 2020998,99714.751.80$17,694
Mar 20201219,42730.341.86$21,170
Feb 20201488,88949.881.98$24,988
Jan 20201679,46057.252.09$29,377
Dec 2019439,70659.012.30$24,904
Nov 201919,35355.302.75$25,783
Oct 201909,83753.472.42$23,791
Sep 201909,57455.052.66$25,441
Aug 2019010,11553.112.30$23,309
Jul 2019010,18656.272.46$25,058
Jun 2019010,02552.782.49$24,974
May 2019010,50658.482.74$28,790
Apr 2019010,25862.632.75$28,217
Mar 20192510,72956.803.06$34,273
Feb 2019989,73650.852.79$32,168
Jan 201918311,00746.033.23$43,956
Dec 201818311,08446.594.19$54,917
Nov 201812710,88252.934.24$52,832
Oct 20186211,37261.443.40$42,452
Sep 20186811,20359.543.11$38,868
Aug 201812411,85359.403.07$43,714
Jul 201811511,96965.142.93$42,583
Jun 201811911,71260.183.08$43,198
May 201812212,25265.382.90$43,517
Apr 201814412,15563.842.90$44,452
Mar 201817412,83561.222.79$46,421
Feb 201816111,64461.782.77$42,155
Jan 201821713,19462.874.01$66,542
Dec 201723712,82857.272.92$51,050
Nov 201723611,82755.423.12$49,960
Oct 201719911,35649.292.98$43,691
Sep 201716412,25447.523.09$45,625
Aug 201715711,00445.373.00$40,184
Jul 20171809,96143.873.09$38,649
Jun 2017798,15942.493.09$28,546
May 20170045.373.26$0
Apr 201745047.933.21$2,157
Mar 201724621,91246.772.98$76,884
Feb 201722420,18250.452.95$70,890
Jan 201722619,27749.413.42$77,071
Dec 201625716,16948.763.72$72,726
Nov 201621119,81342.492.64$61,358
Oct 201620719,96946.193.09$71,271
Sep 201622321,84541.553.10$76,999
Aug 201628122,64241.442.92$77,858
Jul 201628821,57241.622.92$75,070
Jun 201628321,97345.352.69$71,850
May 201633222,62142.521.99$59,156
Apr 201632121,70436.561.99$54,949
Mar 201632122,84233.011.79$51,575
Feb 201634121,79126.472.06$53,995
Jan 201630622,99927.352.36$62,747
Dec 201526024,49632.362.00$57,440
Nov 201533724,03638.792.17$65,166
Oct 201531025,47843.552.43$75,325
Sep 201525625,15442.992.76$80,391
Aug 201532526,81240.162.87$90,069
Jul 201537927,07548.152.95$97,987
Jun 201532827,14756.152.88$96,678
May 201533626,61855.212.96$97,219
Apr 201534727,10449.822.71$90,646
Mar 201533828,47242.892.93$98,054
Feb 201527827,65444.662.98$94,719
Jan 201532130,81643.433.10$109,490
Dec 201424131,42554.693.59$126,039
Nov 201418930,38270.464.25$142,496
Oct 201422432,41978.303.90$144,004
Sep 201424832,64686.164.05$153,435
Aug 201421834,13389.394.04$157,218
Jul 201420333,35396.564.18$159,004
Jun 201427031,39198.164.74$175,199
May 201428133,48494.734.73$184,883
Apr 201433233,48595.944.81$192,885
Mar 201442735,72395.895.06$221,589
Feb 201437633,28297.406.19$242,705
Jan 201454137,52590.404.86$231,305
Dec 201356039,25991.824.35$222,372
Nov 201384138,01188.853.74$216,819
Oct 201382644,93897.423.78$250,306
Sep 201300104.113.72$0
Aug 2013160104.253.52$1,668
Jul 20132003,694102.523.72$34,237
Jun 201350936,60594.403.93$192,032
May 201392634,14894.834.15$229,495
Apr 20131,69936,64693.964.28$316,578
Mar 20132,65542,57193.623.91$415,136
Feb 20131,1386,74591.233.42$126,887
Jan 20131406,71091.603.42$35,772
Dec 20126345686.773.42$7,026
Nov 201241086.953.62$3,565
Oct 20121,97281,90389.383.40$454,701
Sep 20121,341113,70094.672.92$458,775
Aug 20121,98396,07892.662.91$463,155
Jul 20121,877108,29785.133.02$486,933
Jun 20122,981119,80779.822.52$539,742
May 20122,353127,38291.612.49$532,526
Apr 20122,27479,856101.652.00$390,609
Mar 20121,830133,261105.052.22$488,358
Feb 20123,163153,243101.102.57$713,651
Jan 20123,743182,94398.092.73$867,332
Dec 20116,434188,29996.873.24$1,233,301
Nov 20114,477136,04495.723.31$879,018
Oct 20114,953135,49684.983.65$915,269
Sep 20114,257150,93283.623.99$957,555
Aug 20114,689134,13383.404.15$947,623
Jul 20114,136136,36894.144.52$1,005,370
Jun 20113,513113,02192.904.64$850,762
May 20112,700100,75298.134.40$708,745
Apr 20112,655116,966105.964.33$788,170
Mar 20113,887140,46396.364.06$944,457
Feb 20112,074107,69385.644.18$627,772
Jan 201129371,36186.504.59$352,804

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            58 bbl  × $ 98.93 =     $5,738
Gas                4,614 Mcf  × $  2.87 =    $13,241

────────────────────────────────────────────────────
Month total                                  $18,979

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/260197 is the state's own key, not one this site invented.