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 260377District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$19.7 M
Apr 2011 – May 2026
Value, last 12 filed months
$370 k
at the published price for each month
Months reported
182
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
CondensateDisposition50,820 bbl$4,296,539
GasProduction4,408,054 Mcf$15,395,871
Total$19,692,410

Every month this lease reported (182)

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

182 months

May 202600106.413.05$0
Apr 2026308,20298.932.87$26,505
Mar 2026329,46989.753.15$32,694
Feb 20263710,05863.503.75$40,070
Jan 2026316,86559.138.00$56,739
Dec 2025328,68456.664.41$40,139
Nov 20254111,84858.593.93$48,923
Oct 2025143,91259.383.30$13,760
Sep 2025319,12062.743.08$30,006
Aug 2025226,56063.933.01$21,183
Jul 2025288,32866.743.32$29,478
Jun 2025578,62766.483.13$30,781
May 20254008,90960.553.23$53,017
Apr 202508,83162.363.54$31,289
Mar 202508,99467.704.27$38,389
Feb 202507,80870.884.34$33,893
Jan 202507,94474.324.28$33,990
Dec 202408,12268.993.12$25,352
Nov 202409,43369.052.20$20,738
Oct 202405,86171.372.28$13,371
Sep 202403,74469.612.36$8,852
Aug 202407,54375.632.06$15,566
Jul 202407,51579.932.15$16,132
Jun 202407,69578.082.63$20,268
May 202407,63578.812.20$16,785
Apr 202407,17384.451.66$11,901
Mar 202407,89380.301.55$12,196
Feb 202407,48376.091.78$13,347
Jan 2024347,61073.023.30$27,578
Dec 2023528,01571.262.61$24,630
Nov 2023417,85277.892.81$25,238
Oct 2023318,15685.443.09$27,829
Sep 2023268,09089.042.74$24,442
Aug 2023307,97580.522.67$23,732
Jul 2023338,41674.852.64$24,703
Jun 2023237,34668.962.26$18,177
May 2023247,01170.622.23$17,311
Apr 2023318,45378.122.24$21,338
Mar 2023307,93872.852.39$21,182
Feb 2023358,29175.112.47$23,072
Jan 2023499,60276.533.39$36,279
Dec 2022397,16076.415.73$44,000
Nov 2022235,42585.005.65$32,586
Oct 2022288,55687.185.86$52,611
Sep 2022278,26984.888.16$69,797
Aug 2022249,04494.529.13$84,815
Jul 2022229,588101.587.54$74,548
Jun 2022329,969115.097.98$83,208
May 20223710,464109.378.43$92,290
Apr 20223810,145104.226.84$73,328
Mar 20226313,153108.885.08$73,629
Feb 20226114,08891.054.86$74,005
Jan 202211621,13381.844.54$105,388
Dec 2021294,51471.323.90$19,669
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20212069.865.35$140
Aug 2021279,17066.024.22$40,485
Jul 2021299,82070.783.98$41,157
Jun 2021338,45069.493.38$30,859
May 20214311,36563.483.02$37,025
Apr 20214510,86860.362.76$32,695
Mar 20214710,11461.302.72$30,360
Feb 2021388,76657.805.55$50,830
Jan 20215010,01350.412.81$30,660
Dec 20204410,14644.642.68$29,109
Nov 20204210,18238.772.71$29,187
Oct 20204011,49736.972.48$29,973
Sep 20202910,47837.091.99$21,938
Aug 20203510,12939.982.39$25,558
Jul 20203710,69938.371.83$20,947
Jun 20205610,79534.901.69$20,201
May 20202211,16916.921.81$20,641
Apr 2020711,45114.751.80$20,765
Mar 2020648,53230.341.86$17,779
Feb 20208510,60449.881.98$25,243
Jan 20209210,89057.252.09$28,079
Dec 20199511,40859.012.30$31,894
Nov 2019709,81155.302.75$30,858
Oct 2019659,70653.472.42$26,950
Sep 20195911,26655.052.66$33,185
Aug 201910112,10353.112.30$33,254
Jul 201917812,36656.272.46$40,437
Jun 201936010,79452.782.49$45,891
May 201941212,01358.482.74$57,013
Apr 201941611,78362.632.75$58,466
Mar 201922813,01356.803.06$52,798
Feb 20198911,87850.852.79$37,692
Jan 201911313,58946.033.23$49,069
Dec 20189412,62846.594.19$57,233
Nov 20182811,83352.934.24$51,621
Oct 20182313,84761.443.40$48,466
Sep 20188112,60359.543.11$43,993
Aug 20189915,27959.403.07$52,735
Jul 201810217,04065.142.93$56,604
Jun 20188811,76960.183.08$41,508
May 20188813,82665.382.90$45,860
Apr 20180063.842.90$0
Mar 201831061.222.79$1,898
Feb 201810512,97661.782.77$42,380
Jan 201814614,50162.874.01$67,318
Dec 201712214,11157.272.92$48,213
Nov 201711715,05355.423.12$53,425
Oct 201710015,13949.292.98$50,099
Sep 20178412,26647.523.09$41,860
Aug 20179415,99745.373.00$52,326
Jul 201713515,97843.873.09$55,251
Jun 201712615,03042.493.09$51,756
May 201711114,98845.373.26$53,948
Apr 201711715,59747.933.21$55,699
Mar 201712916,78246.772.98$56,105
Feb 201711917,03750.452.95$56,307
Jan 201710613,68449.413.42$52,020
Dec 201614117,09348.763.72$70,509
Nov 201611019,85342.492.64$57,172
Oct 201610012,83846.193.09$44,292
Sep 201610618,42641.553.10$61,537
Aug 201611218,98841.442.92$60,169
Jul 201612320,65541.622.92$65,522
Jun 201617925,98345.352.69$77,904
May 20161128,47842.521.99$21,642
Apr 201617120,00936.561.99$46,090
Mar 201614020,61033.011.79$41,596
Feb 201613318,79326.472.06$42,302
Jan 201611319,49927.352.36$49,193
Dec 20159421,11932.362.00$45,310
Nov 201514520,94938.792.17$51,028
Oct 201512121,70143.552.43$57,929
Sep 201511724,17642.992.76$71,717
Aug 201513925,34240.162.87$78,377
Jul 201519625,63048.152.95$84,920
Jun 201524626,13856.152.88$89,165
May 201530327,50955.212.96$98,030
Apr 201535428,77049.822.71$95,504
Mar 201535530,60442.892.93$105,040
Feb 201519927,67344.662.98$91,247
Jan 201527732,50643.433.10$112,819
Dec 201435534,70154.693.59$144,039
Nov 201438933,04970.464.25$167,928
Oct 201422234,98278.303.90$153,846
Sep 201424431,63186.164.05$148,984
Aug 201428535,88289.394.04$170,264
Jul 201432037,95496.564.18$189,532
Jun 201442329,13598.164.74$179,531
May 201448331,87194.734.73$196,395
Apr 201442331,89495.944.81$193,965
Mar 201446535,09495.895.06$222,052
Feb 201436927,01097.406.19$203,187
Jan 201452734,55290.404.86$215,588
Dec 201358641,70091.824.35$235,388
Nov 201352234,71988.853.74$176,169
Oct 201336738,24197.423.78$180,280
Sep 201326834,018104.113.72$154,372
Aug 201361735,859104.253.52$190,640
Jul 201375534,770102.523.72$206,668
Jun 201337938,03894.403.93$185,397
May 201380346,80794.834.15$270,354
Apr 201394945,48993.964.28$283,979
Mar 201314193.623.91$1,315
Feb 201345348,16391.233.42$206,040
Jan 201348457,75391.603.42$241,844
Dec 201266540,05686.773.42$194,700
Nov 201283850,51086.953.62$255,961
Oct 201268944,28889.383.40$212,148
Sep 201246538,31094.672.92$155,825
Aug 201248745,43692.662.91$177,261
Jul 201279768,33485.133.02$274,272
Jun 201265569,60679.822.52$227,622
May 201239879,90091.612.49$235,278
Apr 201270084,628101.652.00$240,140
Mar 20121,05995,177105.052.22$322,739
Feb 20121,87993,273101.102.57$429,701
Jan 20121,66464,93398.092.73$340,754
Dec 20112,34997,90696.873.24$544,738
Nov 20111,696103,27895.723.31$504,324
Oct 20111,512122,21784.983.65$574,403
Sep 20111,448155,79683.623.99$742,053
Aug 20112,182173,39783.404.15$901,458
Jul 20112,728143,88794.144.52$906,786
Jun 20112,922125,55892.904.64$854,028
May 20112,944131,33198.134.40$867,384
Apr 201192480,227105.964.33$445,553

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            30 bbl  × $ 98.93 =     $2,968
Gas                8,202 Mcf  × $  2.87 =    $23,537

────────────────────────────────────────────────────
Month total                                  $26,505

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/260377 is the state's own key, not one this site invented.