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 263175District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$12.5 M
Jun 2011 – May 2026
Value, last 12 filed months
$53
at the published price for each month
Months reported
180
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
CondensateDisposition43,811 bbl$3,721,845
GasProduction2,525,952 Mcf$8,771,812
Total$12,493,657

Every month this lease reported (180)

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

180 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 202501766.483.13$53
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 202505470.884.34$234
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20233077.892.81$234
Oct 2023396,57385.443.09$23,625
Sep 202316,78489.042.74$18,644
Aug 2023317,18480.522.67$21,698
Jul 2023717,32374.852.64$24,660
Jun 2023687,22868.962.26$21,014
May 2023857,55570.622.23$22,831
Apr 2023916,95478.122.24$22,670
Mar 2023848,26772.852.39$25,904
Feb 2023323,75975.112.47$11,672
Jan 20230076.533.39$0
Dec 2022151,16076.415.73$7,792
Nov 20221197,87385.005.65$54,568
Oct 202211510,25287.185.86$70,141
Sep 202211810,88384.888.16$98,861
Aug 202212111,53594.529.13$116,719
Jul 202211412,351101.587.54$104,732
Jun 202212511,687115.097.98$107,616
May 202213512,269109.378.43$118,230
Apr 202214013,392104.226.84$106,160
Mar 202217114,121108.885.08$90,302
Feb 202214113,48791.054.86$78,369
Jan 202216716,79881.844.54$89,891
Dec 202116115,96271.323.90$73,720
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 202101066.024.22$42
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20214063.483.02$254
Apr 2021301,48360.362.76$5,902
Mar 2021904,11061.302.72$16,684
Feb 2021796,08857.805.55$38,342
Jan 2021895,19850.412.81$19,094
Dec 20201107,20344.642.68$24,182
Nov 20201055,12838.772.71$17,950
Oct 202014111,14536.972.48$32,835
Sep 202012512,59637.091.99$29,715
Aug 202010312,32339.982.39$33,510
Jul 202015612,51238.371.83$28,822
Jun 202024312,51534.901.69$29,635
May 202012113,23616.921.81$26,067
Apr 202016110,25614.751.80$20,880
Mar 202017010,88130.341.86$25,355
Feb 202017913,05649.881.98$34,788
Jan 20201738,51657.252.09$27,743
Dec 201926012,60859.012.30$44,396
Nov 201925512,75555.302.75$49,187
Oct 201934313,78753.472.42$51,685
Sep 201937313,72655.052.66$57,007
Aug 201944715,20453.112.30$58,776
Jul 201940316,13756.272.46$62,375
Jun 201931517,88552.782.49$61,181
May 2019468858.482.74$2,119
Apr 201947062.632.75$2,944
Mar 20193277,75556.803.06$42,320
Feb 201944114,43950.852.79$62,742
Jan 201956916,31146.033.23$78,846
Dec 201850217,96246.594.19$98,567
Nov 201819123,39152.934.24$109,223
Oct 2018847,87561.443.40$31,921
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20144054.693.59$219
Nov 2014551,15070.464.25$8,765
Oct 201430313,93178.303.90$78,069
Sep 2014411186.164.05$794
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20141098.164.74$98
May 201414094.734.73$1,326
Apr 201430423,21995.944.81$140,829
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20132188.853.74$181
Oct 20139097.423.78$877
Sep 201300104.113.72$0
Aug 201320104.253.52$209
Jul 2013703102.523.72$7,188
Jun 201325817,81494.403.93$94,425
May 201366735,80694.834.15$211,814
Apr 201362340,72593.964.28$232,946
Mar 201355744,92493.623.91$227,928
Feb 201346344,63391.233.42$194,880
Jan 201358461,25991.603.42$262,995
Dec 201274659,52686.773.42$268,319
Nov 20121,81384,12686.953.62$462,594
Oct 20120089.383.40$0
Sep 201289530,88694.672.92$174,867
Aug 201259362,15492.662.91$235,701
Jul 20121,55368,89785.133.02$340,331
Jun 201290469,70179.822.52$247,737
May 20121,30481,91091.612.49$323,278
Apr 20121,11560,567101.652.00$234,280
Mar 20122,36087,539105.052.22$442,437
Feb 20121,32994,417101.102.57$377,036
Jan 20121,64698,05998.092.73$429,557
Dec 20112,441117,99596.873.24$618,733
Nov 20111,697126,12195.723.31$580,059
Oct 20112,533151,01984.983.65$766,253
Sep 20112,730170,43183.623.99$907,586
Aug 20113,811166,83683.404.15$1,010,093
Jul 20113,634144,18594.144.52$993,423
Jun 2011017,76092.904.64$82,404

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.

Jun 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.48 =         $0
Gas                   17 Mcf  × $  3.13 =        $53

────────────────────────────────────────────────────
Month total                                      $53

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/263175 is the state's own key, not one this site invented.