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 263067District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$10.7 M
Jul 2011 – May 2026
Value, last 12 filed months
$144 k
at the published price for each month
Months reported
179
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
CondensateDisposition60,651 bbl$4,894,769
GasProduction1,770,799 Mcf$5,808,465
Total$10,703,234

Every month this lease reported (179)

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

179 months

May 202600106.413.05$0
Apr 2026532,80198.932.87$13,281
Mar 2026341,83489.753.15$8,828
Feb 2026432,09463.503.75$10,584
Jan 2026562,61659.138.00$24,234
Dec 2025522,53556.664.41$14,134
Nov 2025582,74658.593.93$14,180
Oct 2025522,18559.383.30$10,309
Sep 20251202,56262.743.08$15,412
Aug 2025532,36363.933.01$10,512
Jul 2025572,23766.743.32$11,220
Jun 2025522,55466.483.13$11,448
May 2025603,29860.553.23$14,293
Apr 2025643,68362.363.54$17,040
Mar 2025201,05567.704.27$5,857
Feb 2025632,96970.884.34$17,353
Jan 20251634,33074.324.28$30,641
Dec 20241524,01868.993.12$23,028
Nov 2024572,85669.052.20$10,215
Oct 20241194,22671.372.28$18,134
Sep 2024491,28769.612.36$6,454
Aug 2024772,56775.632.06$11,121
Jul 2024912,89679.932.15$13,490
Jun 2024833,04778.082.63$14,506
May 2024562,58478.812.20$10,094
Apr 2024772,75084.451.66$11,065
Mar 2024622,82280.301.55$9,339
Feb 2024532,48176.091.78$8,458
Jan 2024592,70573.023.30$13,228
Dec 2023592,67871.262.61$11,196
Nov 2023532,63977.892.81$11,537
Oct 2023532,60185.443.09$12,558
Sep 2023542,69589.042.74$12,179
Aug 2023462,74780.522.67$11,046
Jul 2023592,88374.852.64$12,032
Jun 2023532,87568.962.26$10,148
May 2023633,50470.622.23$12,254
Apr 2023713,82778.122.24$14,110
Mar 2023764,25272.852.39$15,712
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220487.185.86$23
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 2022338115.097.98$648
May 2022694,218109.378.43$43,117
Apr 2022774,459104.226.84$38,514
Mar 2022914,599108.885.08$33,254
Feb 2022895,39091.054.86$34,293
Jan 20221135,64881.844.54$34,877
Dec 2021804,57871.323.90$23,556
Nov 2021734,33877.435.24$28,370
Oct 2021734,69579.795.71$32,651
Sep 2021684,41769.865.35$28,385
Aug 2021784,73366.024.22$25,126
Jul 2021865,10370.783.98$26,408
Jun 2021885,27769.493.38$23,955
May 2021904,70563.483.02$19,911
Apr 2021924,73560.362.76$18,614
Mar 20211015,04961.302.72$19,909
Feb 2021714,13857.805.55$27,061
Jan 20211014,74450.412.81$18,423
Dec 2020874,76444.642.68$16,630
Nov 2020774,74138.772.71$15,817
Oct 2020875,26636.972.48$16,268
Sep 2020875,33937.091.99$13,857
Aug 20201215,42839.982.39$17,784
Jul 2020915,30538.371.83$13,174
Jun 20201055,50734.901.69$12,973
May 2020775,82616.921.81$11,876
Apr 20201015,30214.751.80$11,057
Mar 2020835,90930.341.86$13,487
Feb 202005,44149.881.98$10,777
Jan 202004,92357.252.09$10,312
Dec 2019135,45559.012.30$13,337
Nov 2019796,14855.302.75$21,280
Oct 20191594,97853.472.42$20,541
Sep 20191285,06255.052.66$20,498
Aug 20192145,25353.112.30$23,470
Jul 20194665,64856.272.46$40,116
Jun 20191205,51052.782.49$20,060
May 20192206,10358.482.74$29,590
Apr 20195906,18562.632.75$53,965
Mar 20191123,92856.803.06$18,390
Feb 20192084,60250.852.79$23,427
Jan 20192476,33046.033.23$31,804
Dec 20189296,51346.594.19$70,542
Nov 20181545,53652.934.24$31,609
Oct 20182517,19061.443.40$39,854
Sep 20181746,78559.543.11$31,448
Aug 20181236,47259.403.07$27,153
Jul 2018976,84065.142.93$26,373
Jun 20181155,81460.183.08$24,810
May 20182786,82965.382.90$37,985
Apr 20181626,81463.842.90$30,108
Mar 20181377,52761.222.79$29,364
Feb 2018345,24361.782.77$16,603
Jan 2018675,14362.874.01$24,832
Dec 20171535,94057.272.92$26,116
Nov 20171617,53755.423.12$32,426
Oct 2017837,53949.292.98$26,585
Sep 20171457,56947.523.09$30,258
Aug 20171177,99645.373.00$29,331
Jul 20172588,37543.873.09$37,174
Jun 20171527,78442.493.09$30,490
May 20171338,50545.373.26$33,789
Apr 20171638,06947.933.21$33,727
Mar 20171798,25946.772.98$33,014
Feb 20171877,68850.452.95$32,134
Jan 20172038,85049.413.42$40,287
Dec 20162379,33548.763.72$46,309
Nov 20161698,70742.492.64$30,205
Oct 20161728,91546.193.09$35,494
Sep 20161809,85141.553.10$38,023
Aug 201621010,57441.442.92$39,624
Jul 201619710,87841.622.92$40,010
Jun 201620010,60145.352.69$37,542
May 201621310,98842.521.99$30,934
Apr 201621010,12336.561.99$27,833
Mar 201623911,16833.011.79$27,925
Feb 201629810,94526.472.06$30,474
Jan 201626611,38327.352.36$34,189
Dec 201524112,49632.362.00$32,808
Nov 201530011,48738.792.17$36,533
Oct 201529612,96943.552.43$44,361
Sep 20151809,49442.992.76$33,927
Aug 201526813,09940.162.87$48,390
Jul 201527410,14448.152.95$43,068
Jun 201531711,73856.152.88$51,639
May 201539814,43355.212.96$64,630
Apr 201534612,78049.822.71$51,828
Mar 201546013,93942.892.93$60,636
Feb 20152808,95144.662.98$39,145
Jan 201546515,94843.433.10$69,644
Dec 201441516,71954.693.59$82,740
Nov 201433012,59570.464.25$76,804
Oct 201445314,58978.303.90$92,381
Sep 201412411,55886.164.05$57,441
Aug 201433310,27489.394.04$71,224
Jul 201439511,82696.564.18$87,569
Jun 201448111,12398.164.74$99,903
May 201465916,76294.734.73$141,654
Apr 201450717,04295.944.81$130,599
Mar 20141095.895.06$96
Feb 201437097.406.19$3,604
Jan 201441490.404.86$3,726
Dec 20132566,88091.824.35$53,465
Nov 201367117,20188.853.74$123,921
Oct 201360917,55197.423.78$125,660
Sep 201365817,843104.113.72$134,840
Aug 201383820,387104.253.52$159,177
Jul 20131,32122,441102.523.72$218,859
Jun 20131,00225,60194.403.93$195,288
May 20131,20628,84094.834.15$234,024
Apr 201356213,74893.964.28$111,683
Mar 201365012,72193.623.91$110,629
Feb 201371716,51091.233.42$121,875
Jan 20131,37830,88291.603.42$231,838
Dec 20121,22125,68586.773.42$193,793
Nov 20121,66028,25986.953.62$246,775
Oct 20121,57727,90589.383.40$235,820
Sep 20121,36329,87694.672.92$216,225
Aug 201242414,37492.662.91$81,090
Jul 201256616,50885.133.02$98,051
Jun 201238821,81479.822.52$85,921
May 201241526,04991.612.49$102,836
Apr 201297328,824101.652.00$156,461
Mar 20121,98132,343105.052.22$279,973
Feb 20121,48534,021101.102.57$237,576
Jan 20124,99649,76898.092.73$626,127
Dec 20112,67948,73196.873.24$417,391
Nov 201191829,59095.723.31$185,852
Oct 20112,69375,71484.983.65$505,097
Sep 20114,577111,48983.623.99$827,102
Aug 201178356,55783.404.15$299,975
Jul 201101,80994.144.52$8,172

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            53 bbl  × $ 98.93 =     $5,243
Gas                2,801 Mcf  × $  2.87 =     $8,038

────────────────────────────────────────────────────
Month total                                  $13,281

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/263067 is the state's own key, not one this site invented.