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 260376District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$16.6 M
Mar 2011 – May 2026
Value, last 12 filed months
$33 k
at the published price for each month
Months reported
183
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
CondensateDisposition46,608 bbl$3,949,104
GasProduction3,671,490 Mcf$12,691,257
Total$16,640,361

Every month this lease reported (183)

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

183 months

May 202600106.413.05$0
Apr 2026363798.932.87$2,125
Mar 2026081589.753.15$2,567
Feb 202601,05463.503.75$3,953
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 202501958.593.93$75
Oct 2025462759.383.30$2,310
Sep 2025141,53962.743.08$5,614
Aug 2025121,53563.933.01$5,395
Jul 2025101,55066.743.32$5,806
Jun 2025111,43566.483.13$5,221
May 2025121,52660.553.23$5,659
Apr 2025101,38062.363.54$5,513
Mar 202581,38367.704.27$6,445
Feb 202561,16270.884.34$5,469
Jan 202591,04474.324.28$5,136
Dec 2024787468.993.12$3,211
Nov 2024561869.052.20$1,704
Oct 2024017071.372.28$388
Sep 2024036269.612.36$856
Aug 2024259875.632.06$1,385
Jul 2024040479.932.15$867
Jun 2024894178.082.63$3,103
May 2024172578.812.20$1,673
Apr 2024142,48184.451.66$5,299
Mar 2024222,90380.301.55$6,252
Feb 2024222,48576.091.78$6,106
Jan 2024252,49673.023.30$10,056
Dec 2023292,81371.262.61$9,411
Nov 2023283,58977.892.81$12,257
Oct 2023264,29785.443.09$15,487
Sep 2023112,10889.042.74$6,745
Aug 2023142,44580.522.67$7,662
Jul 2023182,69474.852.64$8,464
Jun 2023172,79568.962.26$7,485
May 2023233,27370.622.23$8,915
Apr 2023253,83478.122.24$10,533
Mar 2023234,12172.852.39$11,538
Feb 2023203,17575.112.47$9,331
Jan 2023433,37876.533.39$14,735
Dec 2022231,67476.415.73$11,348
Nov 2022244,19785.005.65$25,737
Oct 2022295,97587.185.86$37,564
Sep 2022275,88384.888.16$50,319
Aug 2022265,99794.529.13$57,193
Jul 2022266,299101.587.54$50,149
Jun 2022316,259115.097.98$53,497
May 2022294,944109.378.43$44,865
Apr 2022385,609104.226.84$42,312
Mar 2022425,401108.885.08$31,991
Feb 2022365,33991.054.86$29,219
Jan 2022536,57981.844.54$34,191
Dec 2021528,02471.323.90$34,995
Nov 2021558,39577.435.24$48,222
Oct 2021538,19679.795.71$51,060
Sep 2021477,44369.865.35$43,110
Aug 2021348,08266.024.22$36,355
Jul 2021147,67670.783.98$31,557
Jun 202105,79269.493.38$19,581
May 2021010,52763.483.02$31,767
Apr 202156,57360.362.76$18,433
Mar 2021507,55261.302.72$23,583
Feb 2021664,24357.805.55$27,355
Jan 2021526,59350.412.81$21,149
Dec 2020506,32744.642.68$19,160
Nov 2020466,26338.772.71$18,735
Oct 2020476,57136.972.48$18,023
Sep 2020446,55837.091.99$14,689
Aug 2020356,84339.982.39$17,721
Jul 2020357,07138.371.83$14,248
Jun 2020457,13734.901.69$13,634
May 2020397,37616.921.81$14,045
Apr 2020597,19814.751.80$13,858
Mar 2020636,50030.341.86$13,977
Feb 202006,30249.881.98$12,482
Jan 202006,56157.252.09$13,744
Dec 201956,75859.012.30$15,868
Nov 2019286,53955.302.75$19,535
Oct 2019646,42553.472.42$18,961
Sep 2019606,64855.052.66$20,969
Aug 2019636,87853.112.30$19,195
Jul 2019547,14956.272.46$20,626
Jun 2019646,55952.782.49$19,718
May 2019686,96858.482.74$23,071
Apr 2019756,77562.632.75$23,333
Mar 2019876,69256.803.06$25,433
Feb 2019736,04950.852.79$20,602
Jan 2019907,61446.033.23$28,722
Dec 2018858,04446.594.19$37,628
Nov 2018757,80052.934.24$37,020
Oct 2018789,55661.443.40$37,264
Sep 2018699,32759.543.11$33,097
Aug 20189312,01659.403.07$42,372
Jul 20189213,04865.142.93$44,248
Jun 20187414,54060.183.08$49,192
May 2018010,43765.382.90$30,276
Apr 20180063.842.90$0
Mar 20182061.222.79$122
Feb 2018318,25661.782.77$24,752
Jan 201812611,26462.874.01$53,083
Dec 201711911,93757.272.92$41,689
Nov 201710912,08455.423.12$43,723
Oct 201710113,11749.292.98$44,115
Sep 20179112,75847.523.09$43,712
Aug 20177311,51245.373.00$37,899
Jul 20179211,62143.873.09$39,913
Jun 20177013,70042.493.09$45,270
May 20179213,72045.373.26$48,948
Apr 201711514,00347.933.21$50,484
Mar 201712114,90546.772.98$50,131
Feb 201711514,69850.452.95$49,199
Jan 201711912,07049.413.42$47,145
Dec 201616415,52848.763.72$65,805
Nov 201610410,71742.492.64$32,758
Oct 201610913,44246.193.09$46,574
Sep 201610213,98641.553.10$47,604
Aug 201611614,65841.442.92$47,672
Jul 201611115,19841.622.92$49,064
Jun 201611915,54045.352.69$47,134
May 201615017,07442.521.99$40,373
Apr 201614014,67736.561.99$34,341
Mar 201618617,62533.011.79$37,759
Feb 201620416,81426.472.06$40,098
Jan 201621718,39227.352.36$49,420
Dec 201513519,21532.362.00$42,826
Nov 201517719,36938.792.17$48,845
Oct 201517521,26243.552.43$59,215
Sep 201514820,63142.992.76$63,271
Aug 201516918,80840.162.87$60,813
Jul 201519319,00948.152.95$65,276
Jun 201514717,45756.152.88$58,580
May 201517518,69155.212.96$64,902
Apr 201519219,14949.822.71$61,394
Mar 201521221,77742.892.93$73,002
Feb 201510219,45344.662.98$62,451
Jan 201512021,71843.433.10$72,551
Dec 201431119,07354.693.59$85,507
Nov 201426517,86870.464.25$94,644
Oct 201430519,21878.303.90$98,850
Sep 201429019,33586.164.05$103,205
Aug 201429420,68889.394.04$109,759
Jul 201429121,86896.564.18$119,498
Jun 201436921,41198.164.74$137,642
May 201444222,45594.734.73$148,006
Apr 201438321,82795.944.81$141,714
Mar 201436525,20895.895.06$162,472
Feb 201424424,58597.406.19$175,996
Jan 201449328,00390.404.86$180,682
Dec 201346831,00791.824.35$177,991
Nov 201366825,46588.853.74$154,547
Oct 201371834,89797.423.78$201,836
Sep 201313529,425104.113.72$123,449
Aug 201300104.253.52$0
Jul 201330102.523.72$308
Jun 201345094.403.93$574
May 20130094.834.15$0
Apr 20134093.964.28$376
Mar 201324093.623.91$2,247
Feb 201389941,95191.233.42$225,484
Jan 201398946,62391.603.42$250,039
Dec 20121,02245,26086.773.42$243,475
Nov 201294753,99386.953.62$278,064
Oct 201291069,78689.383.40$318,586
Sep 201282551,85194.672.92$229,425
Aug 201257559,02692.662.91$224,937
Jul 201259570,26685.133.02$262,912
Jun 201243570,04679.822.52$211,170
May 201212088,78991.612.49$231,929
Apr 20126494,715101.652.00$195,633
Mar 2012131109,577105.052.22$257,250
Feb 20121,015104,294101.102.57$370,677
Jan 20122,339100,71598.092.73$504,795
Dec 20112,432117,66996.873.24$616,805
Nov 20112,023128,79495.723.31$620,115
Oct 20112,152139,19284.983.65$690,725
Sep 20112,216164,38483.623.99$840,504
Aug 20112,560179,81483.404.15$959,610
Jul 20113,115147,58894.144.52$959,937
Jun 20113,149134,83692.904.64$918,165
May 20113,349130,37898.134.40$902,929
Apr 201157374,659105.964.33$384,233
Mar 20110096.364.06$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.

Apr 2026 — as filed, then multipliedworked
Condensate             3 bbl  × $ 98.93 =       $297
Gas                  637 Mcf  × $  2.87 =     $1,828

────────────────────────────────────────────────────
Month total                                   $2,125

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/260376 is the state's own key, not one this site invented.