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 260396District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$19.3 M
Mar 2011 – May 2026
Value, last 12 filed months
$96 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
CondensateDisposition47,999 bbl$4,160,447
GasProduction4,408,305 Mcf$15,111,943
Total$19,272,390

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 202642,36198.932.87$7,171
Mar 202601,65089.753.15$5,197
Feb 202602,49963.503.75$9,372
Jan 202611,86759.138.00$14,991
Dec 202522,73256.664.41$12,171
Nov 202552,97558.593.93$11,974
Oct 202511,09959.383.30$3,691
Sep 202552,48862.743.08$7,969
Aug 202522,51063.933.01$7,695
Jul 202532,21666.743.32$7,547
Jun 202582,61566.483.13$8,713
May 202583,26260.553.23$11,028
Apr 2025132,58762.363.54$9,977
Mar 202509867.704.27$418
Feb 202541,41370.884.34$6,417
Jan 2025165,44074.324.28$24,465
Dec 202406,58268.993.12$20,545
Nov 202407,43969.052.20$16,354
Oct 202403,63671.372.28$8,295
Sep 202442,93469.612.36$7,215
Aug 2024106,06475.632.06$13,270
Jul 2024116,23079.932.15$14,252
Jun 2024116,05578.082.63$16,808
May 2024286,43478.812.20$16,351
Apr 202435,68884.451.66$9,691
Mar 202465,96380.301.55$9,695
Feb 202495,76676.091.78$10,969
Jan 2024426,12173.023.30$23,252
Dec 2023236,23771.262.61$17,922
Nov 2023226,19977.892.81$19,118
Oct 2023277,94085.443.09$26,820
Sep 2023268,48189.042.74$25,511
Aug 2023238,58180.522.67$24,788
Jul 2023238,74374.852.64$24,819
Jun 2023238,39768.962.26$20,551
May 2023218,09370.622.23$19,509
Apr 202387,26378.122.24$16,878
Mar 2023228,08172.852.39$20,942
Feb 2023164,78575.112.47$13,000
Jan 2023288,94976.533.39$32,460
Dec 2022155,78476.415.73$34,283
Nov 202295,72185.005.65$33,067
Oct 2022138,13587.185.86$48,835
Sep 2022118,07084.888.16$66,815
Aug 2022139,00694.529.13$83,428
Jul 20223810,325101.587.54$81,732
Jun 20222810,473115.097.98$86,768
May 202214,045109.378.43$34,221
Apr 202264,507104.226.84$31,442
Mar 2022175,367108.885.08$29,096
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210271.323.90$8
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 202169,81766.024.22$41,830
Jul 202189,48870.783.98$38,348
Jun 2021512,23169.493.38$41,696
May 2021242,22363.483.02$8,232
Apr 2021103,81460.362.76$11,124
Mar 2021255,47761.302.72$16,413
Feb 2021358,80157.805.55$50,851
Jan 2021499,73650.412.81$29,831
Dec 20205010,75044.642.68$30,993
Nov 20204411,64338.772.71$33,218
Oct 2020138,65836.972.48$21,939
Sep 202043,27737.091.99$6,673
Aug 20203211,10639.982.39$27,768
Jul 20203312,77038.371.83$24,573
Jun 2020268,51434.901.69$15,299
May 20202510,33516.921.81$19,178
Apr 20204712,16314.751.80$22,640
Mar 2020619,61430.341.86$19,697
Feb 2020517,79449.881.98$17,981
Jan 2020568,58257.252.09$21,183
Dec 20195810,83959.012.30$28,400
Nov 20192910,39355.302.75$30,192
Oct 20192210,91553.472.42$27,575
Sep 20191410,47255.052.66$28,598
Aug 20193810,87453.112.30$27,076
Jul 20193712,20356.272.46$32,102
Jun 20193410,07652.782.49$26,896
May 20192811,48558.482.74$33,110
Apr 20195111,47062.632.75$34,745
Mar 20196812,15956.803.06$41,094
Feb 20196611,21250.852.79$34,662
Jan 20198912,40546.033.23$44,142
Dec 20188312,83346.594.19$57,579
Nov 20186413,39252.934.24$60,133
Oct 20186513,38061.443.40$49,460
Sep 20185913,65159.543.11$45,940
Aug 20188114,94959.403.07$50,653
Jul 20189816,64765.142.93$55,191
Jun 201811419,11160.183.08$65,664
May 20186013,21365.382.90$42,251
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20181013,53261.782.77$38,049
Jan 20186515,20562.874.01$65,048
Dec 201710915,64057.272.92$51,935
Nov 20178515,56655.423.12$53,251
Oct 20179816,82649.292.98$55,034
Sep 201716215,71247.523.09$56,206
Aug 20179717,37645.373.00$56,605
Jul 20179617,29143.873.09$57,594
Jun 20177517,37742.493.09$56,834
May 20179717,84145.373.26$62,623
Apr 201711017,75047.933.21$62,278
Mar 201712719,02546.772.98$62,704
Feb 201711619,24350.452.95$62,669
Jan 201710115,73249.413.42$58,775
Dec 201613418,59848.763.72$75,771
Nov 20169723,51142.492.64$66,293
Oct 20165710,62646.193.09$35,470
Sep 201610019,56341.553.10$64,813
Aug 201613322,59741.442.92$71,593
Jul 201613925,02641.622.92$78,970
Jun 201613429,19745.352.69$84,495
May 20169915,49742.521.99$35,065
Apr 201611723,61836.561.99$51,302
Mar 201612022,35733.011.79$44,070
Feb 201614623,39826.472.06$52,149
Jan 201614525,47527.352.36$64,198
Dec 201511926,44532.362.00$56,778
Nov 201515427,06938.792.17$64,641
Oct 201511729,09143.552.43$75,687
Sep 20159528,05442.992.76$81,469
Aug 201512532,11640.162.87$97,273
Jul 201516729,49448.152.95$94,903
Jun 201515125,51456.152.88$82,032
May 201516526,80555.212.96$88,330
Apr 201516525,00049.822.71$75,885
Mar 201521826,79142.892.93$87,974
Feb 201520525,20144.662.98$84,158
Jan 201527828,67743.433.10$100,990
Dec 201432227,49354.693.59$116,347
Nov 201427728,80770.464.25$142,000
Oct 201432530,70178.303.90$145,211
Sep 201429031,16886.164.05$151,075
Aug 201425432,97989.394.04$155,779
Jul 201425434,10296.564.18$167,059
Jun 201433029,66198.164.74$172,893
May 201437832,65494.734.73$190,149
Apr 201444534,52495.944.81$208,723
Mar 201447937,60395.895.06$236,082
Feb 201434835,94197.406.19$256,442
Jan 201447741,82390.404.86$246,411
Dec 201335642,20191.824.35$216,451
Nov 201341738,70488.853.74$181,737
Oct 201346644,04997.423.78$211,875
Sep 201344040,717104.113.72$197,184
Aug 201359143,479104.253.52$214,771
Jul 201356042,143102.523.72$214,088
Jun 201345347,15794.403.93$228,251
May 201349029,36194.834.15$168,288
Apr 20135093.964.28$470
Mar 20131193.623.91$98
Feb 201311091.233.42$1,004
Jan 201321113,16891.603.42$64,361
Dec 20121,08532,96886.773.42$206,901
Nov 201292635,43486.953.62$208,963
Oct 201258447,62389.383.40$214,101
Sep 20121879,66094.672.92$45,895
Aug 201240983,67592.662.91$281,238
Jul 201277596,79885.133.02$358,383
Jun 201267298,37979.822.52$301,460
May 2012500107,20391.612.49$312,560
Apr 201288789,761101.652.00$269,398
Mar 20121,516117,637105.052.22$420,655
Feb 20122,00292,114101.102.57$439,157
Jan 20122,012105,38698.092.73$485,491
Dec 20113,049121,09696.873.24$687,676
Nov 20112,109131,80995.723.31$638,330
Oct 20112,138144,64384.983.65$709,423
Sep 20112,021179,09683.623.99$882,837
Aug 20112,326173,70783.404.15$914,754
Jul 20112,714141,65494.144.52$895,381
Jun 20113,134136,88692.904.64$926,283
May 20113,131136,48998.134.40$908,455
Apr 201154365,635105.964.33$341,951
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             4 bbl  × $ 98.93 =       $396
Gas                2,361 Mcf  × $  2.87 =     $6,775

────────────────────────────────────────────────────
Month total                                   $7,171

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/260396 is the state's own key, not one this site invented.