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 263700District 01Field 12018200Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$13.6 M
Oct 2011 – May 2026
Value, last 12 filed months
$58 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
CondensateDisposition48,837 bbl$4,175,603
GasProduction3,005,931 Mcf$9,443,445
Total$13,619,048

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 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 20251058.593.93$59
Oct 2025161,40459.383.30$5,590
Sep 2025485,13562.743.08$18,812
Aug 2025404,44463.933.01$15,955
Jul 2025524,39766.743.32$18,047
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 202202681.844.54$118
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 202128,81870.783.98$35,256
Jun 20212913,28069.493.38$46,910
May 20215314,44463.483.02$46,952
Apr 20214911,51060.362.76$34,707
Mar 20214410,92261.302.72$32,372
Feb 20213813,35657.805.55$76,295
Jan 202115,68250.412.81$16,018
Dec 2020129,88644.642.68$26,985
Nov 20204112,71438.772.71$36,001
Oct 2020386,66136.972.48$17,914
Sep 20203312,03337.091.99$25,182
Aug 20204814,35039.982.39$36,145
Jul 20207916,81438.371.83$33,719
Jun 202013318,12134.901.69$35,272
May 20202010,06916.921.81$18,611
Apr 202013413,79214.751.80$26,863
Mar 20203213,50830.341.86$26,045
Feb 20204512,65949.881.98$27,318
Jan 20205111,14557.252.09$26,266
Dec 201988,69459.012.30$20,506
Nov 2019704,30355.302.75$15,707
Oct 201944512,91253.472.42$55,022
Sep 20197018,14055.052.66$52,057
Aug 201921121,74653.112.30$61,317
Jul 201916210,85656.272.46$35,822
Jun 2019201,21552.782.49$4,082
May 2019619,45058.482.74$29,463
Apr 20191429,68662.632.75$35,537
Mar 201918512,79456.803.06$49,685
Feb 20192787,77850.852.79$35,854
Jan 201911,72946.033.23$5,628
Dec 20180046.594.19$0
Nov 20187052.934.24$371
Oct 2018222,35061.443.40$9,337
Sep 20182059.543.11$119
Aug 2018121,11859.403.07$4,141
Jul 20185065.142.93$326
Jun 2018281,67060.183.08$6,824
May 2018281,50065.382.90$6,182
Apr 20186063.842.90$383
Mar 2018752,53361.222.79$11,651
Feb 201814510,84261.782.77$38,948
Jan 201816811,25862.874.01$55,699
Dec 201711911,41257.272.92$40,156
Nov 201714111,22355.423.12$42,812
Oct 201713711,85049.292.98$42,109
Sep 201712611,48347.523.09$41,439
Aug 201712112,53345.373.00$43,144
Jul 201714512,37643.873.09$44,569
Jun 201711513,07342.493.09$45,246
May 201713412,91445.373.26$48,223
Apr 201714712,73047.933.21$47,929
Mar 201715813,11746.772.98$46,527
Feb 201716612,24850.452.95$44,538
Jan 201718813,83349.413.42$56,581
Dec 201618314,18848.763.72$61,743
Nov 201613313,88842.492.64$42,376
Oct 201615214,91946.193.09$53,124
Sep 201613614,67441.553.10$51,149
Aug 201616215,48141.442.92$51,985
Jul 201616816,25041.622.92$54,513
Jun 201618517,02945.352.69$54,127
May 201618212,62142.521.99$32,868
Apr 201619815,27536.561.99$37,652
Mar 201620116,64733.011.79$36,500
Feb 201616915,63026.472.06$36,728
Jan 201617216,30527.352.36$43,255
Dec 201517517,74932.362.00$41,186
Nov 201522917,39338.792.17$46,579
Oct 201520818,45643.552.43$53,843
Sep 201517517,87942.992.76$56,841
Aug 201522219,37340.162.87$64,564
Jul 201524719,35448.152.95$68,892
Jun 201524919,24756.152.88$69,468
May 201522421,83355.212.96$76,893
Apr 201523822,80349.822.71$73,575
Mar 201529627,58242.892.93$93,641
Feb 201526521,21344.662.98$74,969
Jan 201538822,41443.433.10$86,348
Dec 201442121,04554.693.59$98,605
Nov 201443223,52470.464.25$130,459
Oct 201432820,46778.303.90$105,523
Sep 201437922,39686.164.05$123,256
Aug 201424189.394.04$2,149
Jul 201413812,83696.564.18$66,975
Jun 201438628,34398.164.74$172,147
May 201449432,72594.734.73$201,473
Apr 201433023,91795.944.81$146,680
Mar 201433227,05195.895.06$168,627
Feb 201444227,87097.406.19$215,622
Jan 201454231,49290.404.86$202,071
Dec 201358835,73691.824.35$209,602
Nov 201357526,75188.853.74$151,091
Oct 201357933,24097.423.78$182,032
Sep 201355034,308104.113.72$184,809
Aug 201368238,419104.253.52$206,434
Jul 20134,10542,055102.523.72$577,194
Jun 20132,17244,61394.403.93$380,518
May 20131,06352,78494.834.15$319,809
Apr 20134093.964.28$376
Mar 20131819,29493.623.91$77,180
Feb 201347836,49691.233.42$168,421
Jan 201379942,97691.603.42$220,162
Dec 20121,08448,21486.773.42$258,958
Nov 20121,43961,60286.953.62$348,426
Oct 201296649,62289.383.40$255,040
Sep 201299353,78194.672.92$250,962
Aug 20121,49168,50892.662.91$337,388
Jul 20121,32055,59485.133.02$280,310
Jun 201225835,07679.822.52$108,951
May 201248489,09791.612.49$266,041
Apr 201288890,699101.652.00$271,373
Mar 20122,154114,214105.052.22$480,070
Feb 20122,12361,724101.102.57$373,281
Jan 20124,279162,33998.092.73$863,575
Dec 20113,565215,88096.873.24$1,044,737
Nov 20112,088183,77295.723.31$808,384
Oct 2011064,73184.983.65$236,174

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.

Nov 2025 — as filed, then multipliedworked
Condensate             1 bbl  × $ 58.59 =        $59
Gas                    0 Mcf  × $  3.93 =         $0

────────────────────────────────────────────────────
Month total                                      $59

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/263700 is the state's own key, not one this site invented.