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 263660District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$10.6 M
Oct 2011 – May 2026
Value, last 12 filed months
$248 k
at the published price for each month
Months reported
176
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
CondensateDisposition29,614 bbl$2,359,551
GasProduction2,542,376 Mcf$8,205,511
Total$10,565,061

Every month this lease reported (176)

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

176 months

May 202600106.413.05$0
Apr 2026215,15098.932.87$16,857
Mar 2026285,56889.753.15$20,049
Feb 2026354,78963.503.75$20,183
Jan 2026445,37059.138.00$45,551
Dec 2025406,17456.664.41$29,514
Nov 20251196,29958.593.93$31,705
Oct 2025236,08259.383.30$21,466
Sep 2025185,88262.743.08$19,228
Aug 2025276,74763.933.01$22,067
Jul 2025176,04866.743.32$21,185
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
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 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021148066.024.22$2,092
Jul 202187,05170.783.98$28,644
Jun 2021247,30569.493.38$26,363
May 2021556,57663.483.02$23,336
Apr 2021876,29660.362.76$22,618
Mar 2021126,44661.302.72$18,249
Feb 2021196,43657.805.55$36,805
Jan 2021214,36050.412.81$13,311
Dec 2020296,12844.642.68$17,690
Nov 2020856,46338.772.71$20,788
Oct 20203966,02336.972.48$29,568
Sep 2020327,93337.091.99$16,982
Aug 2020297,20339.982.39$18,339
Jul 2020466,54438.371.83$13,709
Jun 2020518,28734.901.69$15,788
May 2020709,14716.921.81$17,784
Apr 2020365,46014.751.80$10,383
Mar 2020365,91330.341.86$12,068
Feb 2020375,43349.881.98$12,607
Jan 2020314,85157.252.09$11,936
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018819060.183.08$1,066
May 20182094065.382.90$4,034
Apr 20188063.842.90$511
Mar 2018863,36361.222.79$14,637
Feb 201815910,97461.782.77$40,178
Jan 201821214,64962.874.01$72,061
Dec 201719214,18757.272.92$52,443
Nov 201718314,40255.423.12$55,052
Oct 201716615,06549.292.98$53,131
Sep 201715514,44547.523.09$51,961
Aug 201714315,49045.373.00$53,026
Jul 201716314,98143.873.09$53,401
Jun 201711513,40742.493.09$46,278
May 201714712,25345.373.26$46,656
Apr 201716714,25047.933.21$53,770
Mar 201716714,97046.772.98$52,476
Feb 201712314,04650.452.95$47,678
Jan 201712315,74749.413.42$59,913
Dec 201619316,53948.763.72$70,983
Nov 201614416,18542.492.64$48,917
Oct 201616217,04246.193.09$60,147
Sep 201615816,97341.553.10$59,192
Aug 201619017,86441.442.92$60,114
Jul 201619118,76941.622.92$62,836
Jun 201620319,63045.352.69$61,929
May 201620215,98142.521.99$40,408
Apr 201621415,47636.561.99$38,637
Mar 201623616,06533.011.79$36,611
Feb 201622518,36926.472.06$43,863
Jan 201618818,62927.352.36$49,187
Dec 201517618,81432.362.00$43,350
Nov 201523719,01738.792.17$50,409
Oct 201522421,50443.552.43$61,936
Sep 201518120,90042.992.76$65,432
Aug 201516621,87640.162.87$69,505
Jul 201521122,33148.152.95$75,926
Jun 201523122,08456.152.88$76,636
May 201524521,01055.212.96$75,620
Apr 201524823,20549.822.71$75,161
Mar 201525720,85642.892.93$72,229
Feb 201525117,39744.662.98$62,986
Jan 201535825,18843.433.10$93,647
Dec 201436721,83154.693.59$98,474
Nov 201427220,29770.464.25$105,465
Oct 201442928,28378.303.90$143,922
Sep 201453733,19386.164.05$180,548
Aug 201429216,57489.394.04$92,980
Jul 20141789,88396.564.18$58,495
Jun 201448822,91398.164.74$156,438
May 201455425,54594.734.73$173,220
Apr 201429524,67895.944.81$146,982
Mar 201426723,54495.895.06$144,660
Feb 201429427,08997.406.19$196,371
Jan 201450032,03490.404.86$200,908
Dec 201342234,09691.824.35$187,218
Nov 201352731,08288.853.74$163,017
Oct 201366833,60397.423.78$192,074
Sep 201364830,884104.113.72$182,282
Aug 201386439,303104.253.52$228,521
Jul 201386736,861102.523.72$225,924
Jun 201358640,85094.403.93$215,998
May 201357745,97094.834.15$245,450
Apr 20133093.964.28$282
Mar 201331421,27493.623.91$112,639
Feb 201372437,46091.233.42$194,160
Jan 201346320,76091.603.42$113,408
Dec 201227825,52586.773.42$111,422
Nov 201239329,44386.953.62$140,901
Oct 201236629,33189.383.40$132,429
Sep 201252644,84094.672.92$180,657
Aug 201251251,97092.662.91$198,579
Jul 201239445,48985.133.02$170,954
Jun 201212022,29979.822.52$65,750
May 201228255,16691.612.49$163,105
Apr 201219167,474101.652.00$154,147
Mar 201262282,650105.052.22$248,996
Feb 20121,27685,305101.102.57$348,258
Jan 20121,28774,90098.092.73$331,024
Dec 20111,962179,23596.873.24$770,734
Nov 20111,364178,34195.723.31$721,099
Oct 2011064,89484.983.65$236,768

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            21 bbl  × $ 98.93 =     $2,078
Gas                5,150 Mcf  × $  2.87 =    $14,779

────────────────────────────────────────────────────
Month total                                  $16,857

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/263660 is the state's own key, not one this site invented.